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    NAGA Markets

    5-10 years
    |
    Regulated in Cyprus
    |
    Market Making(MM)
    |
    MT4/5 full license

    Rating

    0123456789
    .
    0123456789
    0123456789

     /10

    License Index

    6.02

    Business Index

    7.69

    Risk Management Index

    9.74

    Software Index

    8.08

    Regulatory Index

    5.99

    Licenses

    Cyprus Securities and Exchange Commission

    Market Making(MM)

    CYSEC Regulated

    Overview

    • Company Name:

      NAGA Markets LTD
    • Company Abbreviation:

      NAGA Markets
    • Place of registration:

      NAGA MarketsCyprus
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      support@nagamarkets.com
    • Customer Service Phone Number:

      +44 20 3966 4543
    • Company summary

      GeneralInformation&RegulationNAGAMarketsisatrademarkoftheNAGAGroupAG,agermanbasedFintechcompanypubliclylistedontheFrankfortStockExchangewhichhasbeensprovidingservicesoncurrencypairmarketsonsince2015.NAGAMarketsiscurrentlyauthorizedandlicensedbytheCryprusSecuritiesandExchangecommission,withtheregistrationnumber204/13.MarketInstrumentsTradablefinancialproductsofferedbyNAGAMarketsincludeforexcurrencypairs,Realstocks,indices,stockCFDs,Cryptocurrency,Commodities,ETFs.MinimumDepositTherearesixaccountoptionsonofferonNAGAMarketsplatform:theIronaccount(theminimumdepositof$250),Bronzeaccount(theminimumdepositof$2500),theSilverAccount(theminimumdepositof$5,000),theGoldaccount(theminimumdepositof$25,000),theDiamondaccount(theminimumdepositof$50,000)andtheCrystalAccount(theminimumdepositof$100,000).LeverageNAGAMarkets,asanEuropeanbroker,thecompanyofferingfullycomplieswiththeEMSAregulation,sothemaximumtradingleveageavailableisupto1:30.However,theprofessionaltraderscanapplythehigherleverageafterthestatusisconfirmed.Spreads&CommissionWhenitcomestospreadinthesedifferentaccounts,thestandardspreadsinIron,BronzeandSilveraccountallstartfrom1.7(EURUSD),standardspreadfortheGoldaccountfrom1.2pips,fortheDiamondAccountfrom0.9pips,andfortheCrystalaccountfrom0.7pips.Thereisalsocommissionreducedforallsixaccounts,forexample,thecommissionreducedforthefirstthreeaccountsonstockCFDsis0.20%,andcommissiononstockCFDsfortheGold,Diamond,andCrystalaccountcanbereducedby0.10%.TradingPlatformAvailableWhatisworthtobementionedisthatNAGAMarketsgiveinvestorsseveraloptionsoftradingplatform,includingNAGAWeb,iOSApp,AndroidApp,aswellasthewidelyusedMetaTrader4&5.Deposits&WithdrawalsNAGAMarketsofficialwebsiteshowsthatitacceptsover20paymentsmethodsforinvestorstofundtheiraccounts.ThesepaymentsmethodsareVisa,Mastercard,Maestro(creditordebit),Wiretransfer,populare-walletlikeNeteller,skrill,Giropay,Sofort,Trustly,andsomecryptocurrencywallet(Bitcoin,Ethereum,NAGACoin,etc).CustomerSupportNAGAMarketsprovide24/5customersupportviaonlinechat,telephoneandemail.Thecustomersupportteamareavailabletoanswertraders'questions,helpthemwithanyissuesthattheymayhaveaswellaslisteningtofeedbacktoensuretheykeepaddingmorerelevanttoolsandfeaturestoenhancetheoverallsocialtradingexperience.Ahelpcentreisalsoherethatcoversawiderangeofcommonsupportqueries.NAGAMarketsprovidecontacttelephonenumbersfrommultiplecountriesacrosstheglobe.AcceptedRegionsNAGAMarketsdonotestablishaccountstoresidentsofcertainjurisdictionssuchastheUSA,Japan,Canada,Belgium,Cuba,Iran,Iraq,SyriaandNorthKorea.Theirservicesarenotintendedfordistributionto,oruseby,anypersoninanyjurisdictionwheresuchdistributionorusewouldbecontrarytolocallaworregulation. About More
    Pyramid scheme complaint

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    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.

    • Licensed Institution :

      Νaga Markets Europe Ltd

      Effective Date :

      2013-06-20
    • Email Address of Licensed Institution :

      compliance@nagamarkets.com

      License Type:

      Sharing NAGA
    • Website of Licensed Institution :

      www.nagamarkets.eu,www.nagatrader.com,www.naga.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      Ariadnis 7, Moutayiaka, CY-4531 Limassol

      Phone Number of Licensed Institution :

      +357 25 041 410
    • Licensed Institution Certified Documents :

      Naga塞浦路斯监管牌照.png View Certified Documents NAGA CYSEC牌照 View Certified Documents Νaga cysec20200923更新 View Certified Documents

    NAGA Markets · MT4/5

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          NAGA Markets· Genealogy

          NAGA Markets · Clones

          NAGA Markets · Market Analysis

          The data are from WIKI Research    2021.09.18 updated

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          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

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          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          NAGA Markets
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
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          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          Confirm
          NAGA Markets · Company summary

            General Information & Regulation

            NAGA Markets is a trademark of the NAGA Group AG, a german based Fintech company publicly listed on the Frankfort Stock Exchange which has been s providing services on currency pair markets on since 2015. NAGA Markets is currently authorized and licensed by the Cryprus Securities and Exchange commission, with the registration number 204/13.

            Market Instruments

            Tradable financial products offered by NAGA Markets include forex currency pairs, Real stocks, indices, stock CFDs, Cryptocurrency, Commodities, ETFs.

            Minimum Deposit

            There are six account options on offer on NAGA Markets platform: the Iron account (the minimum deposit of $250), Bronze account (the minimum deposit of $2500), the Silver Account (the minimum deposit of $5,000), the Gold account (the minimum deposit of $25,000), the Diamond account (the minimum deposit of $50,000) and the Crystal Account (the minimum deposit of $100,000).

          image.png

            Leverage

            NAGA Markets, as an European broker, the company offering fully complies with the EMSA regulation, so the maximum trading leveage available is up to 1:30. However, the professional traders can apply the higher leverage after the status is confirmed.

            Spreads & Commission

            When it comes to spread in these different accounts, the standard spreads in Iron, Bronze and Silver account all start from 1.7 (EURUSD), standard spread for the Gold account from 1.2 pips, for the Diamond Account from 0.9 pips, and for the Crystal account from 0.7 pips. There is also commission reduced for all six accounts, for example, the commission reduced for the first three accounts on stock CFDs is 0.20%, and commission on stock CFDs for the Gold, Diamond, and Crystal account can be reduced by 0.10%.

            Trading Platform Available

            What is worth to be mentioned is that NAGA Markets give investors several options of trading platform, including NAGA Web, iOSApp, Android App, as well as the widely used MetaTrader 4 & 5.

            Deposits & Withdrawals

            NAGA Markets official website shows that it accepts over 20 payments methods for investors to fund their accounts. These payments methods are Visa, Mastercard, Maestro (credit or debit), Wire transfer, popular e-wallet like Neteller, skrill, Giropay, Sofort, Trustly, and some crypto currency wallet (Bitcoin, Ethereum, NAGA Coin, etc).

            Customer Support

            NAGA Markets provide 24/5 customer support via online chat, telephone and email. The customer support team are available to answer traders' questions, help them with any issues that they may have as well as listening to feedback to ensure they keep adding more relevant tools and features to enhance the overall social trading experience. A help centre is also here that covers a wide range of common support queries. NAGA Markets provide contact telephone numbers from multiple countries across the globe.

            Accepted Regions

            NAGA Markets do not establish accounts to residents of certain jurisdictions such as the USA, Japan, Canada, Belgium, Cuba, Iran, Iraq, Syria and North Korea. Their services are not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to local law or regulation.

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.