NAGA

NAGA is a well‐regarded forex broker and multi‐asset platform offering access to CFDs, social trading, and optional copy trading tools. It combines trade execution, risk management controls, and community features in one interface.

Key facts

7.4/10
Our rating
#158
Trust rank
2015
Founded
1
Licences
CySEC
14
Countries accepted
HeadquartersGermany
Broker typeMarket Maker
RegulationCySEC
PlatformsMT4, MT5, Proprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices
Fee levelMedium

Updated

Pros

  • • CySEC Regulation & ICF Protection
  • • Built-in Social/Copy Trading (Auto-Copy)
  • • MT4/MT5 + NAGA Trader Platforms
  • • Broad Multi-Asset CFD Offering (FX, Stocks, Indices, Commodities, Crypto)
  • • Negative Balance Protection
  • Cons

  • • High minimum deposit (~$250)
  • • Autocopy fees per copied trade
  • • Withdrawal and inactivity fees
  • • Spreads wider than low-cost ECN brokers
  • • Not available to U.S. clients
  • Key Features

  • • Multi asset CFD trading forex indices commodities stocks ETFs crypto
  • • Social and copy trading Auto Copy and leaderboards
  • • MetaTrader 4 MetaTrader 5 and proprietary NAGA platform
  • • CySEC regulation with segregated client funds and negative balance protection
  • • In platform risk management tools stop loss take profit trailing stop and price alerts
  • • Integrated research education economic calendar news and signals
  • How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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