NAGA

WikiFX | 2025-07-03 18:23

Abstract：　　NAGA is a fintech company headquartered in Germany. The platform focuses on social trading and cryptocurrency trading, supporting trading of over 1,000 financial instruments covering markets such as forex, stocks, cryptocurrency CFDs, ETFs, etc. It provides the MetaTrader 4 (MT4) trading terminal, enabling real-time trading across multiple devices (Windows, macOS, iOS, Android).

NAGA Review Summary
Founded	2021
Registered Country/Region	Germany
Regulation	CYSEC/FSA (Suspicious Clone)
Market Instruments	1,000+, Forex, Commodities, Stocks, Cryptocurrency CFDs, Precious Metals, Futures, ETFs, Indexes, Energy
Demo Account	/
Leverage	Up to 1:500
EUR/USD Spread	From 1.5 pips (Silver/Gold account)
Trading Platform	MT4
Social Trading	✅
Minimum Deposit	1,300 RMB
Customer Support	Email: chinasupport@naga.com

NAGA Information

NAGA is a fintech company headquartered in Germany. The platform focuses on social trading and cryptocurrency trading, supporting trading of over 1,000 financial instruments covering markets such as forex, stocks, cryptocurrency CFDs, ETFs, etc. It provides the MetaTrader 4 (MT4) trading terminal, enabling real-time trading across multiple devices (Windows, macOS, iOS, Android).

Pros and Cons

Pros	Cons
Over 1,000 trading instruments	Suspicious clone CYSEC and FSA licenses
Multiple account types	High initial deposit requirement
MT4 available	Limited payment options
	No direct contact channel

Is NAGA Legit?

Regulated Authority	Current Status	Licensed Entity	Regulated Country	License Type	License No.
Cyprus Securities and Exchange Commission (CYSEC)	Suspicious Clone	Νaga Markets Europe Ltd	Cyprus	Market Maker (MM)	204/13
The Seychelles Financial Services Authority (FSA)	Suspicious Clone	NAGA Capital Ltd	Seychelles	Retail Forex License	SD026

What Can I Trade on NAGA?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Cryptocurrency CFDs	✔
Precious Metals	✔
Futures	✔
ETFs	✔
Indexes	✔
Energy	✔
Bonds	❌
Options	❌

Account Type & Spreads

Account Type	Minimum Deposit	EUR/USD Spread
Silver	250 USD	Standard, from 1.5 pips
Gold	2,500 USD	Standard, from 1.5 pips
Diamond	5,000 USD	Platinum, from 1.2 pips
Crystal	25,000 USD	VIP, from 0.7 pips

Leverage

For AUD/USD, AUD/CAD, etc. The margin ratio is 0.40%, corresponding to a leverage of 1:250.

For CAD/CHF, the margin ratio is 0.20%, corresponding to a leverage of 1:500.

Please note that high leverage can amplify not only profits but also losses.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	mac OS, Windows, Android, iOS	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

Deposit via UnionPay is supported, with a minimum of 1,300 RMB and a maximum of 50,000 RMB. It is free of charge, and funds are credited instantly.