NAGA Trade and copy others with NAGA social trading platform

By adminForex Trading

NAGA Trade and copy others with NAGA social trading platform

Interestingly, they don’t charge a commission per lot across all account types, which simplifies the cost structure for traders like me. Moreover, trading on NAGA is underpinned by modern technology and a user-friendly interface, making the execution of trades both seamless and efficient. The platform’s commitment to security, evidenced by segregated client funds and protection against negative balance, gave me peace of mind knowing my investments were safeguarded. With a solid global community of over 1 million active traders and passive investors, NAGA commands a significant presence in the brokerage services market.

Distinctive features

Right after you’ll be able to see more statistics such as the most frequently traded assets and the average profit per trade. The portfolio section will give you a simple and efficient look into your active, pending and closed trades. Using the left menu you’ll https://traderoom.info/naga-broker-overview/ be able to access pretty much every feature of the platform.

  • The broker claims clients’ financial data is safe since its payment processing system follows all national and international security regulations.
  • This is a space for which the company would be expected to excel and worth keeping an eye on for more of the same from this broker.
  • MT5’s sophisticated environment supports a broader range of trading strategies, making it a preferred option for advanced traders.
  • On the downside, their ETF offering is not crystal clear (real ETFs are mixed with CFDs on ETFs), and they have stopped offering commission-free real stock trading (see “Fees” section).

My insights are drawn from firsthand trading activities with NAGA, reflecting its operational integrity and market presence. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices.

How much are Non Trading Fees with NAGA?

Though buying or selling real crypto coins isn’t available at NAGA, you can still trade the 25+ cryptocurrencies through CFDs. Products like oil, sugar, and wheat found in nature and harvested for human use are examples of commodities. Trading commodities give your portfolio the diversity it needs by allowing you to invest in uncorrelated asset classes.

NAGA Broker Erfahrungen 2025: Bewertung, Meinung, Hintergründe

In essence, the only way to avoid significant charges from NAGA is through a bank transfer. The part “from NAGA” is crucial to understand since additional fees may apply from intermediary and/or sender banks (not in control of NAGA). NAGA has a 4.5-star classification in Trust Pilot, which puts you, as a potential investor, in a relatively pleasant position. However, from the negative reviews, we observe some constraints in withdrawals. Therefore, we highly suggest you know the withdrawal process (documents needed) to avoid a stressful situation. Actually, as an alternative, you could even use a low-cost currency conversion service to transfer money to NAGA, such as Wise (formerly known as TransferWise) or Revolut.

In terms of safety, the NAGA platform is mainly operated by NAGA Markets Europe Ltd, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). NAGA is super transparent, technically very well positioned and equipped with first-class support so that you can feel like a trader here at any time. 4000+ of your favourite assets, superior charts, and advanced trading tools to help you get ahead. The addition of TRUMP memecoin showcases NAGA’s commitment to providing cutting-edge trading opportunities.

NAGA Fees and Commissions

Upon completing the signup process, users will receive login details via email, which they can use to access their accounts. Naga Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Naga traders of all experience levels. After logging into your Naga account, you’ll find a range of trading platform options available below. Naga requires a minimum deposit of 250 GBP/USD/EUR when opening an Naga trading account. Naga is regulated, governed and supervised by reputable financial regulatory bodies.Regulatory bodies monitor the brokers’ behaviour, and they will take necessary action if things go wrong.

When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss. You should take the security of your personal information seriously and check SSL encryption is enabled on the Naga trading platform to protect you on PC and mobile Naga platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Naga web trading platforms. In addition, currency conversion fees may apply if the Naga withdrawal and receiving currencies differ, adding to the overall transaction costs.

In this part of the review, we will provide a detailed step-by-step guide on creating an account and trading with NAGA. Holding overnight positions will also result in swap charges at NAGA. The company hasn’t listed the relevant rate applied to overnight positions. Despite being a well-reputed stock trading firm operating through its subsidiaries worldwide, NAGA doesn’t hold too many regulations.