NAGA Trader Review Is this broker worth your attention?

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6 Nisan 2023

NAGA Trader Review Is this broker worth your attention?

naga broker

Founded in 2015 by Yasin Qureshi and Benjamin Bilski, NAGA’s mission is to make investing simple and to empower traders around the world to gain fast and easy access to the global markets. I have seen over the years how the company works hard to provide technology, resources, and support for every level of trader. This has been a long time coming but I’ll like to give a short backstory on how this all started. After so much searching I saw a video about forex trading on YouTube and began to dig deeper into the industry. I happpen to have gained much experience since then and I have confidence in my skill.

NAGA FX Broker Account Types

NAGA, a trusted European Union broker, adheres to strict regulatory requirements and MiFID II. In addition, its clients’ assets and personal information are protected through segregated accounts with top-tier banks and Investor Compensation Fund membership. ➡️Webinars – The Webinars are interactive meetings where traders may learn from and chat with experienced traders and market analysts. ➡️Glossary – The glossary is useful for new and experienced traders to become acquainted with trading terms. ➡️Daily Hot News – Additionally, this feature most likely provides daily market updates, news, and analysis. Traders must be informed of market movements and economic developments affecting their trading decisions.

Gold Account

After three consecutive months of no trading activity, an account will be considered inactive and a $20 monthly fee will be incurred. Overall, MetaTrader 5 offers more advanced capabilities for financial products. It offers more periods, https://traderoom.info/ graphical elements, and technical indicators for market research. Yes, the broker accepts deposits in several cryptocurrencies, including Bitcoin and Ethereum. Compare the markets and instruments offered by NAGA and its competitors.

Review Methodology

The interface is also secured with firewalls and encryption protocols. In the NAGA Learn hub, traders can also access lessons on key trading topics such as forex basics, Japanese candlestick charts and the Metaverse. The brokerage offers a range of free resources available to all traders. Tools include calculators, a blog, eBooks, webinars and a handy glossary.

Why traders like the NAGA App

To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading https://traderoom.info/naga-broker-overview/ fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.

The Trustpilot Experience

The all-In-One NAGA calculator lets you easily calculate margin, pip value and swaps for the instruments you trade, based on the position size and leverage. This can save time having to perform the complex calculations manually. The NAGA Autocopy tool is ideal for those of you who are interested in copy trading. You can use it to find another trader you want to copy from the leader board, and mirror their trading activity in just a few clicks.

naga broker

NAGA is  also has filters such as popular stocks and ETFs, newly added and the worlds largest tech giants. I’m sure you’re accustomed to using a smartphone — you’ll find the sign-up and account funding process quick and painless. Withdrawals are normally processed instantly or within five business days, depending on the method and account type. ✅Submit your withdrawal request and wait for the broker to process it, which can take several business days. ✅Add appropriate reference numbers or your account ID to the transfer notes. Complete the registration form with your personal information, such as your full name, email address, and phone number, and then establish a strong password for your account.

  1. Yes, the broker levies a commission fee of 0.1% on equities and ETF trades, with details changing by account type.
  2. The commission is zero although spreads are marked up and variable.
  3. The NAGA Web App lets you have all of the features of NAGA, from setting up price alerts to auto-copying, right from your browser.
  4. Typical forex spreads are around 1.8 pips with a similar fee on indices (though spreads vary depending on the market).

The company conducted an initial public offering in 2017, surpassing $50 million in a few months on the Frankfurt stock exchange. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. These webinars cover a range of trading topics from technical & fundamental analysis, market outlook and more.

naga broker

I can describe it infinitely but you better try it out on your own guys. The users also have the flexibility to adjust the ratio of the Auto Copy or to set the specific trading capital amount at any given moment in the Autocopy section. Furthermore, stop loss and take profit limits functionalities are integrated within the NAGA Auto copy to secure the clients’ accounts against potential losses.

They get 0.18 USD crypto bonuses per copied trade and 0.70 USD FX bonuses per copied trade. The withdrawal fees are further shrunk to 3 EUR/USD/GBP or equivalent with PI Dashboard support, as well. Furthermore, Silver account holders will be getting 10 NAGA trading signals instead of 5 available for Iron and Bronze account types.

We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The group also includes NAGA Global (CY) Ltd, with registered address at Nikokreontos 2, NICE DREAM, 6th floor, Flat/Office 601, 1066, Nicosia, Cyprus. Traders can get the necessary information related to comprehensive subjects in no time. NAGA does not offer its services to residents of certain jurisdictions such as Belgium, Turkey, USA, Canada, Iran, Cuba, Sudan, Syria and North Korea.

Both the mobile and web platforms also include a feature called collections, which are stocks organized by sector or category. There is a top trader’s leader board that shows the best signals according to performance. In this detailed NAGA broker review, we have covered some of the most important aspects for you to consider when choosing the best broker for your online trading. NAGA’s Autocopy tool automatically allows you to repeat the platform’s top-performing traders’ trades.

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