Retail Forex License
（+61）2 8056 9475
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The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, the VFSC was the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management. The VFSC has set up four departments, namely Corporate Services, Legal Enforcement & Insolvency, Supervision and Registration.
Current Status:Offshore Regulatory
License Type:Retail Forex License
Regulated in Country/AreaVanuatu
Regulatory License No.：41699
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :--
Phone Number of Licensed Institution :--
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Basic Information & Regulators of NAG Markets
NAG Markets is a CFDs broker, providing investors with diversified trading products including Forex, Precious Metals, Energies, and Global Indices. NAG Markets is currently under the offshore supervision of the Vanuatu Financial Services Commission (VFSC).
Market Instruments of NAG Markets
The company provides a wide selection of tradable instruments, including foreign exchange, indices, energy, and precious metals. Forex trading includes 27 major currency pairs worldwide, and Precious Metals include gold and silver. Energies include Brent crude oil and WTI crude oil CFDs, and index products include major indices in the global market.
Leverage & Account of NAG Markets
Forex trading has flexible leverage, up to 1:400. Precious metal products use a fixed margin to facilitate the calculation of transaction costs for customers. The margin per lot is 1,000 US dollars. The margin for each lot of energy products is US$3,000. Investors can open a real trading account on the platform. Besides, the company also provides a demo account for investors to use for free. If investors need to upgrade from a demo account to a real trading account, they only need to log in to the demo account and complete the application for the real trading account according to the index, deposit funds to the real trading account to activate the account and start trading.
Spreads & Commission Fees of NAG Markets
Spreads for forex products start at 1.2 points, and spreads for precious metals are 0.25 for gold and 0.019 for silver. The guideline spread for energy products is 0.06, and the minimum spread for indices is 0.6.
Trading Platform Applied
The company uses the world-renowned and widely used online trading platforms MT4 and MT5. MT4 is fully functional, easy to use. Apart from including various trading execution functions, it also has many icons, technical indicators, curve references, support for custom indicators, and script functions. The innovative technology of MT5 allows customers to trade foreign exchange, precious metals, energy, and index CFDs around the clock.
Deposit & Withdrawal
The company's supported deposit and withdrawal method is wire transfer, and the accepted currency is US dollars. There are no fees for deposits and withdrawals, but the beneficiary banks or intermediary banks may charge some deposits and withdrawals fees. The processing time is within 1-5 hours. The company does not support any third-party payment, so investors must use the bank account under the personal name to deposit to the trading account
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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.
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