Company Name
NAGM (V) LIMITED
Company Abbreviation
NAGM
Platform registered country and region
Australia
Company website
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Company summary
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| NAG Markets Review Summary | |
| Founded | 2024 |
| Registered Country/Region | Australia |
| Regulation | VFSC ,FSA（offshore regulated） |
| Market Instruments | Forex, Metals, Energy, Indices |
| Demo Account | Available |
| Leverage | Up to 1:400 |
| Spread | From 1.2 pips |
| Trading Platform | MT5 (PC, Web, Mobile), MT4 |
| Min Deposit | USD 500.00 |
| Customer Support | Phone: (+61) 2 8527 3466 |
| Email: cs@nagmarkets.com | |
| 24/7 Online Chat: Yes | |
| Physical Address: Unit 803, 213 Miller Street, North Sydney NSW 2060 | |
NAG Markets Information
Established in 2024, NAG Markets is a trading platform situated in Australia run under VFSC and FSA. Through MT4 and MT5 systems, it provides a broad spectrum of trading tools including Forex, metals, energy, and shares. The minimum deposit is USD 500; practice can be done using a demo account.
Pros and Cons
| Pros | Cons |
| Regulated in VFSC and FSA | High Spreads from 1.2 piips |
| Offers both MT4 and MT5 platforms | High minimum deposit (USD 500) |
| Demo account available for practice | |
| Offers high leverage(1:400) |
Is NAG Markets Legit?
NAG Markets is regulated by VFSC and FSA.
| Regulatory Status | Offshore Regulated |
| License Type | Retail Forex License |
| Regulated By | Vanuatu(VFSC) |
| License No. | 41699 |
| Licensed Institution | NAG Markets (Pacific) Limited |
| Regulatory Status | Offshore Regulated |
| License Type | Retail Forex License |
| Regulated By | Seychelles(FSA) |
| License No. | SD146 |
| Licensed Institution | NAG Markets Limited |
What Can I Trade on NAG Markets?
NAG Markets offers access to 14 CFD derivatives, including indices, commodities, and precious metals, together with over 27 pairings of currencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities(Energy and metals) | ✔ |
| Indices | ✔ |
| Shares | ❌ |
| Cryptocurrencies | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
Account Type
NAG Markets offers one main live account type. It is the standard account, and requires a minimum deposit of USD 500. The broker also provides a demo account.
| Minimum Deposit | USD 500.00 |
| Available Account Currencies | USD |
| Spreads | From 1.2 pips |
| Default Leverage | 1:200 |
| Minimum Trade Size | 0.01 Lot |
| Optional Leverage | 1:100, 1:400 |
Leverage
The default leverage of NAG Markets is 1:200. The optional leverage of it is 1:100 and 1:400.
NAG Markets Fees
NAG Markets' spreads for major currency pairs start from 1.2 pips, with commission-free trading.
| Fee Type | |
| Spread | From 1.2 pips (variable) |
| Commission | None |
Trading Platform
NAG Markets provides the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms together with desktop and smartphone versions.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 5 | ✔ | PC, Mobile (iOS/Android) | Experienced traders |
| MetaTrader 4 | ✔ | PC, Mobile (iOS/Android) | Beginner traders |
Deposit and Withdrawal
NAG Markets costs for deposits or withdrawals are zero. The least needed deposit is USD 500.
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Wire Transfer | USD 500 | Free | 1-5 Business Days |
| NganLuong.vn | USD 500 | Free | Instantly |
| NETELLER | USD 500 | Free | Instantly |
| Skrill | USD 500 | Free | Instantly |
