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NAGA Review

There are a lot of reasons to choose NAGA, if you’re looking for an innovative broker with an emphasis on social networking. NAGA has an extensive copy trading feature called Autocopy, which sets it apart from other brokers, because it allows users to copy the strategies of other traders and earn money from being copied by other traders. Another social-media-savvy feature on the NAGA’s resume is the ability to share your ideas, learn and discuss investing strategies with other traders through NAGA Feed and NAGA Messenger.

Additionally, highlights include MetaTrader 4 and 5, both of which are available for traders. You can trade over 1,000 assets, including Forex, Stocks, CFDs, and more. NAGA offers real-time order execution, mobile and web interfaces, and a personal account manager with whom you can talk to via phone, email, or chat. Read on to see the benefits of opening an account with this broker, which is part of a publicly-listed company backed by FOSUN, a multibillion-dollar fund.

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NAGA Pros & Cons
Pros
  • Extensive Copy Trading Platform
  • Very Social-Network-Savvy Broker
  • MetaTrader 4 and 5 Offered
Cons
  • No U.S. Clients
  • Small Withdrawal Fees Apply
Who Is NAGA Recommended For?

A lot of brokers aren’t always the best choice for people who are new to trading. Though NAGA doesn’t offer a ton of educational tools in its suite (though it does have some, as discussed later on), this broker does let you open a free Autocopy account. New traders can copy the trades of more experienced traders, which makes it seem as though NAGA is great for both novices and experts.

Top NAGA Features
  • NAGA Autocopy. Trading doesn’t have to require constantly looking at multiple screens filled with charts so that you can stay up to date with news. You don’t have to feel on-edge if you have NAGA Autocopy. With NAGA Autocopy, you can find leading traders and automatically mirror their trading activity and strategies. When they trade, you trade.
  • Investing Powerhouse. Trade more than 1,000 assets, including the world's most popular Cryptos, Stocks, and Forex Pairs. Enjoy the intuitive interface on NAGA’s web trader, use the broker’s mobile app to trade on the go, and keep your wallet from taking a huge hit, thanks to NAGA’s low fees.
  • Professional Offering. NAGA has high-level, high-quality charts and tools for those who want to utilize all the information at their disposal. Get free trading education with NAGA’s webinar series, free eBooks, and tutorial videos. With NAGA, you can deposit or withdraw with credit cards, wire transfers, and a variety of other payment methods.
  • NAGA Popular Investor. This broker’s “Popular Investor” program allows any trader to share their trading strategies and portfolios to a global network of traders. You can get paid up to $100,000 monthly from the NAGA Popular Investors’ Fund, when you’re copied by other traders on platform.
  • Popular Investing App. There are over one million investors that use this trading platform, giving you the opportunity to not only trade, invest, and learn from others, but to also become someone from which other people learn as well.
NAGA Overview
  • Type of Broker Market Maker
  • Regulation & Licensing The Financial Conduct Authority (United Kingdom), Cyprus Securities and Exchange Commission (Cyprus)
  • Clients Accepted from More than 40 countries in Europe and worldwide
  • Assets Offered 1000+ Assets: Crypto, Forex, Commodities, ETFs, Indices, Stocks, Futures
  • Platforms Available Web, Mobile, Download
  • Mobile Compatibility Android
  • Payment Types Accepted Credit/Debit Card, Bank Wire Transfer, PayPal, Skrill, Neteller, Cryptocurrencies, EPS, Giropay, Sofort, Ideal, P24 and 30+ others
NAGA Compliance & Regulation

NAGA is regulated by the Financial Conduct Authority (United Kingdom) and the Cyprus Securities and Exchange Commission (Cyprus).

NAGA Reliability & Security

To gauge trading reliability, it’s important to look at the platforms offered. After all, an unreliable platform will lead to an unreliable trading experience. At NAGA, there are three platforms from which to choose: web, mobile, and downloadable.

Web

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. It’s free to create an account, and it only takes a few minutes. The web app supports trading over 950 instruments on the platform. 

Mobile

You can download the NAGA app from Google Play for on-the-go trading. The NAGA website doesn’t say anything about an iPhone app, though the Android app has a 3.8/5-star rating on Google. It’s free to download, and you can have almost all of the regular NAGA features, including Autocopy and chatting with other investors on NAGA Messenger. 

Downloadable 

For those who want a downloadable client, MetaTrader 4 and MetaTrader 5 are available with this broker. These are the leading trading platforms in the industry, so you’re guaranteed a pretty reliable trading experience if you’re working with them. Autocopy is synced to MT4, so you can still engage in copy trading, even if you’re on the MetaTrader system.

NAGA User Experience

We’ve discussed the social networking aspect and platforms at NAGA. Now, we can take a look at an important facet of user experience: the educational tools. Traders don’t always sign up for a broker with a 100% knowledge of what they’re doing. Whenever a broker can expand your knowledge base, that’s a good sign. 

The NAGA educational tools include webinars, trading and earnings calculators, economic calendars, e-books, and a help center. You can also contact their customer support team, which is multilingual and available Monday through Friday from 9AM to 12AM. 

Final Thoughts on NAGA

For those looking for a truly social experience, NAGA is for them. In addition to having a wide range of assets with which to trade, NAGA has an extensive copy-trading program, which allows investors to really connect with one another. This broker is excellent for anyone looking to add a social networking aspect to their trading career.

Trading Platform Screenshots
Contact Info
laptop Website: www.naga.com
laptop Email: service@naga.com
call Telephone: +44 20 3318 4345, +44 33 0808 8867
location_on Company Address:
Ariadnis 7, Moutayiaka, CY-4531 Limassol, Cyprus
NAGA FAQs

Q: What awards has NAGA won? 
A: Often, you can tell the quality of a broker, no matter how new, by what awards they win. NAGA has won the “Best Financial Broker” award at the Forex Expo Dubai 2021. It is also the main sponsor of LaLiga Sevilla Football Club and the Tio Ellinas Porsche GT Drivers.

Q: What are the withdrawal fees with NAGA? 
A: The withdrawal fees with this broker depend on what type of account you have. The most you’ll pay to withdraw is $5, if you have an IRON account. From there, the fees decrease by $1 until Crystal, where there is a $0 deposit fee.

Q: How do I get started with NAGA? 
A: To get started, go to https://naga.com and click on the red “SIGN UP” button on the top right-hand corner of the screen. From there, follow the prompts.

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