Regulators
CySEC, FSCA, FCA (in setup)
Min. deposit
$250
Spread from
0.7 pips (Standard)
Max. leverage
Up to 1:30 (EU retail) / 1:500 (offshore)
Platforms
MT4, MT5, NAGA Trader, NAGA Mobile
Founded
2015 · Hamburg, Germany / Limassol, Cyprus
NAGA review summary
NAGA is a German-headquartered fintech founded in 2015, publicly listed on the Frankfurt Stock Exchange under ticker NGA. Regulated by CySEC (EU) and FSCA (South Africa), with FCA UK authorization in setup.
NAGA positions itself as “the all-in-one trading app for the next generation” — combining CFD trading, real stock investing, crypto, copy-trading via NAGA Trader, and NAGA Pay (an integrated IBAN account with debit card). The integration is genuinely seamless: deposit via NAGA Pay, copy a Popular Investor’s trades, and withdraw to your NAGA debit card, all from one mobile app.
The copy-trading network is smaller than eToro’s but growing. NAGA Trader leverages the same TradeTech infrastructure as Capital.com for execution.
Where to trade
NAGA is a strong all-in-one option for EU + MENA millennial/Gen-Z retail traders wanting integrated banking + investing + trading. Pure FX scalpers should compare cost-per-trade with Pepperstone.
NAGA — Frequently Asked Questions
Is NAGA regulated and safe?
NAGA is regulated by CySEC, FSCA, FCA (in setup), holds client funds in segregated accounts and operates under active financial-services licenses. Verify each license number on the regulator's official website before depositing.
Is NAGA legit or a scam?
NAGA is a legitimate, regulated broker — not a scam. It operates under oversight from CySEC, FSCA, FCA (in setup), which require segregated client funds and regular audits. Always confirm the specific entity and license that will hold your account, and avoid clone sites using a similar name.
What is the minimum deposit at NAGA?
The minimum deposit at NAGA is $250. Standard accounts accept this minimum; premium or professional tiers may require more.
How do I withdraw money from NAGA?
Withdrawals from NAGA are returned to your original funding method — card, bank transfer, e-wallet or crypto, depending on how you deposited. E-wallets and crypto are usually fastest; bank transfers take longest. Processing times and limits are set by NAGA, so check its funding page for current details.
What fees and commissions does NAGA charge?
NAGA's main cost is the spread, starting from 0.7 pips (Standard). Raw/ECN accounts add a per-lot commission in exchange for a tighter spread. Also factor in overnight swap fees and any inactivity fee. Compare the all-in cost (spread + commission), not just the headline spread.
What are the typical spreads at NAGA?
Spreads at NAGA start from 0.7 pips (Standard), varying by account type, instrument, time of day and market volatility. Raw/ECN accounts add a commission on top of the tighter spread.
What account types does NAGA offer?
NAGA typically offers a standard (commission-free, slightly wider spread) account and a raw/ECN (tight spread plus commission) account, with a swap-free Islamic option where available. The minimum to open is $250, and platforms include MT4, MT5, NAGA Trader.
What trading platforms does NAGA offer?
NAGA supports: MT4, MT5, NAGA Trader, NAGA Mobile. MT4/MT5 are the industry standards; cTrader suits ECN execution; proprietary platforms add broker-specific tools but less third-party compatibility.
What is the maximum leverage at NAGA?
Maximum leverage at NAGA is Up to 1:30 (EU retail) / 1:500 (offshore). EU/UK retail clients are capped at 1:30 on major FX by ESMA rules regardless of broker policy; professional and offshore-entity clients can access higher leverage subject to qualification.
Does NAGA offer a demo account?
Yes — NAGA offers a free demo account with virtual funds, so you can test the platform and practise a strategy on live prices before depositing real money.
Who is NAGA best suited for?
EU + MENA copy-traders wanting an integrated all-in-one app with FX, CFDs, real stocks, and banking features.
