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NAGA

Trading center NAGA is a trademark of NAGA Group AG, a German fintech company registered on the Frankfurt Stock Exchange. The broker is operated by NAGA Global LLC, registered in accordance with the laws of Saint Vincent and the Grenadines with registration number 1189 LLC 2021.

The legality of this broker’s operations in Europe is confirmed by the Cyprus Securities and Exchange Commission (license No. 204/13), with a registered address at Ariadnis 7, Mouttagiaka, 4531 Limassol, Cyprus.

The official website naga.com is available in different languages, but for some reason, there is no Russian version. The main page in English looks as follows.

Contact information – phone number and email – is not provided. There is only an online chat and links to social networks, as well as a comprehensive FAQ section.

The CEO of the company is Benjamin Bilski. NAGA is the main sponsor of the football club “Sevilla,” competing in the Spanish La Liga (Spain’s top league).

NAGA Trading Conditions

On the main page of the official website naga.com, you can familiarize yourself with the advantages of this project. Here is the list:

  • Real-time order execution.

  • Fully regulated and licensed broker in the EU.

  • Client-oriented approach.

  • Over 950 tradable assets, working across different markets.

  • Security and safety of traders’ funds guaranteed.

  • Low commissions and transparent prices.

NAGA’s activities can be divided into three directions – brokerage services, cryptocurrency trading, and capital management. Clients opting for brokerage services will receive:

  • Almost 1000 tradable assets.

  • Self-learning personal feed.

  • Built-in messenger.

  • Ability to copy trades of successful traders (social trading).

  • Integration into MT4/MT5.

  • Own web and mobile applications in 14 languages.

For those interested in cryptocurrencies, the offer includes:

  • Proprietary crypto wallet.

  • Proprietary cryptocurrency exchange NAGAX.

  • Cold and hot storage algorithms.

  • Automatic hedging.

Regarding capital management:

  • Proprietary mobile payment app.

  • Integration with NAGA brokerage company.

  • Integrated social trading.

  • Integrated crypto wallet and exchange.

  • Issuance of IBAN and VISA debit cards.

For a detailed description of each of the above offers, you can visit the company’s official website. Additionally, to get a complete picture, it is worth reading reviews about NAGA to understand how it actually works and what real clients think of this broker.

NAGA Account Funding and Withdrawal

Funds can be deposited using a credit/debit card, bank transfer, or alternative payment methods. The full list of supported payment systems looks as follows.

The standard withdrawal fee is $5 or equivalent with a minimum withdrawal amount of $50. The withdrawal fee decreases with each upgrade to a higher VIP level (there are a total of 6 levels – Iron, Bronze, Silver, Gold, Diamond, and Crystal).

The time for funds to reach the account depends on the payment method. For example, using bank cards – up to 10 business days, Skrill, Neteller – within 24 hours.

Conclusion

This broker operates legally in Europe, so there is no doubt about its reliability. However, the question of how advantageous the trading conditions offered by it are remains. Real reviews about NAGA can help find the answer, and one can also seek advice from an independent specialist.

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