NAGA
- Trust score
- 4/10
- Legal simplicity
- 4/10
- Min. deposit
- 250
- Regulations
Features
- Free seminars and trader training
- Daily market analysis
- Low minimum deposit
- Copy trading
- Segregated client accounts
- Affiliate program
- Wide range of trading instruments
Pros
- Regulated broker with copy trading and access to real stocks.
- Copy trading is well executed, and customer support is responsive and reliable.
- Transparent copy-trading fees with no hidden commissions.
- Daily free trading signals.
- Strong customer support at every stage, backed by a wide range of tools and instruments.
- Withdrawals are fast.
- Solid trading conditions from a broker users find reliable.
- Multiple payment methods with fast withdrawals.
- Easy entry into investing, with favorable copy-trading conditions and a broker users trust.
Cons
- Limited number of supported crypto coins.
- The NagaCap feed can feel a bit confusing.
- The social trading network could use more traders, including ones offering higher-risk, higher-return strategies.
- Deposit and withdrawal method choice isn't the widest.
- Too many account types — could be streamlined.
- The platform takes time to learn: the number of features and account types can make the personal area feel cluttered.
Updated:
NAGA is a Frankfurt-founded fintech broker established in 2015, regulated by CySEC in Cyprus and backed by NAGA Group AG's public listing on the Frankfurt Stock Exchange plus investment from China's Fosun. It combines classic and social trading across more than 750 instruments — forex, crypto, indices, commodities, ETFs, futures, and commission-free real stocks — through a single multi-currency account. Traders can use MetaTrader 4, MetaTrader 5, or NAGA's own web and mobile platforms, with copy trading built in throughout.
NAGA is a CySEC-regulated fintech broker offering copy trading, a $250 minimum deposit, and access to 750+ instruments including forex, crypto, and commission-free stocks.
Overview
NAGA is a Frankfurt-founded fintech and social trading broker, established in 2015. Its parent, NAGA Group AG, is publicly listed on the Frankfurt Stock Exchange and has backing from China's Fosun. NAGA gives traders access to more than 750 instruments — forex, cryptocurrencies, indices, commodities, ETFs, futures, and commission-free real stocks — through a single multi-currency account.
Regulation
NAGA is authorized by CySEC in Cyprus, which lets it serve EU clients under MiFID and ESMA rules. A separate branch in Saint Vincent and the Grenadines handles international clients outside the EU.
Leverage
EU clients trading under ESMA rules are capped at 1:30 leverage, though verified professional traders can apply for higher limits. Clients trading through NAGA's international entity can access leverage up to 1:1000.
Account Types
NAGA uses one multi-currency account for all markets, with a choice of five base currencies: USD, EUR, GBP, PLN, and CHF. A separate account is available for cryptocurrency trading. Account tiers — starting with the entry-level Iron Trader tier — determine bonuses and discounts on spreads and commissions.
Trading Platforms
Traders can choose MetaTrader 4, MetaTrader 5, or NAGA's own web platform with mobile apps. The platforms support NAGA's social/copy trading feature, which automatically replicates trades from other traders on the network.
Trading Instruments
NAGA's instrument range covers forex pairs, cryptocurrencies, indices, commodities, ETFs, and real stocks traded commission-free rather than as CFDs. NAGA also runs its own crypto exchange, NAGAX, and a linked crypto wallet.
Minimum Deposit
The minimum deposit is $250, which corresponds to the entry-level Iron Trader account tier. Higher tiers require larger balances and unlock additional bonuses and fee discounts.
