NAGA Broker Review 2025

NAGA offers various account types, including Iron, Bronze, Silver, Gold, Diamond, and Crystal. The broker's minimum deposit starts at $250, and the maximum leverage is 1:30.

Spreads are variable, and commissions start at $2.5 for stocks.

Unique features like social trading benefit traders. The broker also includes tools such as an economic calendar to support decision-making.

Company Information & Regulation Status

NAGA, a leading fintech powerhouse, has revolutionized the trading landscape with its comprehensive financial platform. Headquartered in Germany, NAGA is a proud member of the NAGA Group AG, a publicly listed company on the Frankfurt Stock Exchange – a testament to its transparency and financial stability.

NAGA operates under the watchful eye of the Cyprus Securities and Exchange Commission (CySEC) and adheres to the Markets in Financial Instruments Directive (MiFID). With over 1.5 million users and a stellar Trustpilot rating, NAGA has earned its stripes in the trading community.

NAGA Broker Summary of Specifics

Here is all you need to know about NAGA broker:

Types of Accounts

NAGA broker offers a tiered account structure to cater to traders of varying experience and capital levels. Here's a breakdown of the account types:

Each account type offers progressively better trading conditions and perks as the deposit amount increases.

Signing Up & Verification Process

Embarking on your NAGA trading journey is straightforward. Here's a step-by-step guide to get you started:

1. Navigate to the official website and click the "Get Started" button;
2. Enter your email, create a password, and select your country of residence;
3. Click the verification link sent to your email to confirm your account;
4. Enter your full name and set a username;
5. Fill in the Phone number field with yours and choose a verification method (WhatsApp or SMS);
6. Verify your number;
7. Select from the available account options based on your trading goals and capital;
8. Submit proof of identity (passport or national ID) and proof of residence (utility bill or bank statement).

Remember, NAGA adheres to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, so verification is crucial for maintaining account security and complying with regulatory requirements.

NAGA’s Trading Platforms

NAGA offers a versatile suite of trading platforms to cater to different trader preferences:

1. NAGA Webtrader;
2. NAGA Mobile App (iOS and Android);
3. MetaTrader 4;
4. MetaTrader 5.

All platforms provide access to over 4,000 instruments across various asset classes, including Forex, stocks, indices, ETFs, commodities, and cryptocurrencies. NAGA's proprietary platforms stand out with their integrated social trading features, allowing users to interact with other traders and copy successful strategies.

NAGA’s Spreads and Commission Structure

NAGA operates with a variable spread model, offering competitive pricing across its range of financial instruments:

NAGA's variable spreads adjust based on market conditions, potentially widening during high volatility.

NAGA Broker Deposit & Withdrawal Methods

NAGA provides a variety of options for funding your account and withdrawing your profits:

• Neteller;
• Skrill;
• Bank Wire;
• NAGA Pay.

Key points to remember:

• Minimum deposit varies by account type (starting from $250);
• No deposit fees charged by NAGA (third-party fees may apply);
• Withdrawals processed within 1-3 business days.

NAGA employs state-of-the-art security measures to protect client funds and personal information, ensuring safe and efficient transactions.

Copy Trading & Investment Options Offered by NAGA

NAGA's copy trading feature, known as "NAGA Autocopy," is a standout offering that allows users to replicate the trades of successful investors:

• Trader Pool;
• Real-Time Copying;
• Performance Metrics;
• Close autocopying whenever you want.

NAGA's social trading environment encourages learning and collaboration, making it an attractive platform for of beginners and professionals.

Bonus offerings and Promotions

Although NAGA broker doesn't explicitly promote traditional bonuses or promotions, they offer an attractive referral program for their NAGA Pay app. Users can earn up to €100 in Bitcoin by referring eligible friends to join NAGA Pay, providing a unique earnings opportunity beyond standard bonus offerings. This referral initiative adds significant value to NAGA users, allowing them to benefit from their network while expanding the app's community.

NAGA Broker Support Team and Hours

NAGA offers customer support channels to assist traders with any queries or issues:

• Email: support@naga.com;
• Phone: +35725041410.

Support is available Monday to Friday, from 07:30 am to 02:00 am EEST. NAGA's support team is multilingual and caters to a global clientele.

NAGA Broker Trust Scores & Reviews

NAGA has garnered a strong reputation in the online trading community, reflected in its trust scores and user reviews on the Trustpilot website (4.5 out of 5):

Overall, NAGA's trust scores and reviews indicate a generally positive user experience, with particular appreciation for its social trading capabilities and diverse instrument offerings.

Conclusion and final words

NAGA, with a Trustpilot rating of 4.5/5 and over 1.5 million users, is a trusted and transparent broker.

Though third-party fees may apply, there are no deposit fees, and withdrawals typically take 1-3 business days.

Despite challenges like high minimum deposits for premium accounts (up to $100,000), NAGA’s regulatory compliance, multilingual customer support, and educational resources make it a valuable option for traders.