NAGA Markets-Overview of Minimum Deposit & Leverage

Who is the NAGA Markets？

NAGA Markets is a trademark of the NAGA Group AG, a german based Fintech company publicly listed on the Frankfort Stock Exchange. NAGA Markets 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. Tradable financial products offered by NAGA Markets are quite rich, including forex currency pairs, Real stocks, indices, stock CFDs, Cryptocurrency, Commodities, ETFs.

Minimum Deposit & Leverage

NAGA Markets has six accounts on offer in total, namely 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). Objectively speaking, the account opening requirement set by this broker is relatively high, so investor should trade with NAGA Market with caution.

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%.

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).