Naga Forex Broker Review and Insights

Through the use of decentralised technology, NAGA offers worldwide investors more access to the markets as well as the necessary assistance. According to a South African study, Yasin Qureshi and Benjamin Bilski created NAGA in 2015 as a Fintech firm in Frankfurt supported by FOSUN that offers transparency over forex trading operations.

The business was founded in accordance with Cypriot law and European regulations, giving it access to trade in stocks, cryptocurrencies, and virtual items that support all significant worldwide markets. By decentralising financial technology and giving everyone access to the greatest market tools, the company hopes to revolutionise the world. Let’s see in this article what more is there about online broker Naga.

Financial inclusion for all is NAGA’s sole goal. Everyone can use it to access financial markets, cryptocurrencies, and virtual goods as well as store, trade, and invest in them. To grow and widen its product network, the organisation always sets new objectives and challenges. Being a FinTech firm, it offers excellent software that will satisfy even the pickiest customers, along with online support, news streaming, and in-depth analytical functions.

 

Trading Platforms NAGA

The NAGA Web platform and its applications can be used, or you can use MetaTrader4 or its more recent version, MetaTrader5. Although MT4 and MT5 do not need an introduction due to their widespread use and demonstrated potent capabilities, the choice of whether to use manual or automatic techniques is ultimately up to you.

The NAGA trading platform offers you more features and strikes an excellent mix between an approachable user interface and its complex solutions. With NAGA, you can trade and invest in a variety of global markets using the device or platform of your choice. Select your favourite or compare the options below to see which one best fits your needs.

 

NAGA For Android And iOS

To trade while on the go, download the free NAGA app to your iPhone, iPad, or Android smartphone from the App Store. An iOS NAGA mobile app with all the features you need to trade is available. From a single app, you can buy and sell any instrument, Auto Copy top investors, and speak on NAGA Messenger.

 

How To Download NAGA App

NAGA Messenger is available in apple and play stores. A lot of app versions are there to download with one click. For ease, we have mentioned an app link for android and iOS. Go through them if you want the application.

For an android version, one can easily find it on Google Play through:

https://play.google.com/store/apps/details?id=swipestox.mobile

While for installing an app on any iphone, it can be found on apple store through:

https://apps.apple.com/gb/app/naga-trader-swipestox/id1182702365

NAGA Client Services

You can get in touch with NAGA directly if you have questions or need support and can’t find an answer there. 24/7/365, consultants are on call.

 

NAGA Webinars and Education

Users of the connection to NAGA school have access to articles, videos, webinars, and tutorials that can instruct and advise them on all aspects of trading. A great capability for copy trading, which is based on unique algorithms identifying top traders and leading trades together with various bonuses, is available while social trading is one of the primary components of NAGA’s offering.

Another fantastic service provided by Naga Exchange is the unlimited, commission-free trading of cryptocurrencies and cash over its largest social network. Naga offers both experienced and novice traders alike special chances to mimic deals or take the lead on transactions.

 

NAGA, Legit or Fraud?

The NAGA Group is a fully regulated and open business that operates in Germany as a technology company and as a broker licensed by the CySEC in Cyprus in addition to being a publicly traded corporation. The NAGA Group AG, a German FinTech business registered on the Frankfurt Stock Exchange, is the owner of the trademark NAGA. This provides a certain amount of stability along with a solid foundation and operational framework. NAGA is a trustworthy company no matter what the situation is because it is also supported by the Chinese fund FOSUN.

Additionally, NAGA conforms its trading service to the necessary standards established by MiFID. As a result, trader funds are always kept separate from the business and safeguarded by a compensation plan in the event that brokers go insolvent.

 

Pros

  • Fund for Investor Compensation (ICF)
  • Make a personal trader available.
  • many tools for schooling
  • strict guidelines
  • Licensed broker offering strong deposit security
  • The deposit is free.
  • fantastic customer service
  • Simple demo signup procedure
  • Full MT4 demo access
  • accessible cutting-edge copy trading software
  • Available are MT4 and MT5
  • provide multilingual customer service

 

Cons

  • little leverage for clients who are not professionals
  • a choice to use a single account for all
  • a small number of deposit currencies
  • Charged withdrawal fees
  • only some deposit currencies

 

Conclusion

Overall, NAGA is regarded as a trustworthy, low-risk broker with a wide selection of trading products and a vibrant social trading community. With extremely low spreads and competitive trading fees compared to major forex currency pairs, NAGA is governed by the top-tier CySEC. NAGA demonstrates a business that is built on solid technology and the advancement of trading innovation.

An unique online broker called NAGA offers a social investing network where users may like, share, and duplicate transactions made on more than 500 different trading instruments, including forex, commodities, cryptocurrencies, stocks, shares, indices, metals, energy, and ETFs. The big NAGA community enables new traders to expand their knowledge while rewarding more seasoned ones for sharing theirs.

 

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