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Naga Trader

 

Company Details

Headquarters Limassol, Cyprus
Type of Broker Market Maker
Founded 2013
Regulated By CySEC (Cyprus)
Offices In Cyprus, Germany, Spain
Supported Languages Greek, Spanish, Portuguese, Polish, Czech, Italian
Website Visit Website
ESMA Regulated? This broker is regulated within the E.U and is subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article

Account Details

Account Currencies USD, EUR
Minimum Deposit $0
Traders from USA No
Clients Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions No
ECN / STP Accounts Offered No
Commission on STP or ECN
VIP Accounts Offered Yes
VIP Account Requirements 25,000 EUR Minimum Deposit
Mini Accounts Offered No
PAMM / MAM Solutions No
API Solutions No
Mobile Trading Yes
Web Based Trading Yes
Funding Methods Credit/Debit Cards ,Wire Transfer ,Skrill ,Neteller
Withdrawal Methods Credit/Debit Cards ,Wire Transfer ,Skrill ,Neteller

Platform Details

Platforms Offered Naga Trader, Naga Trader Mobile, WebTrader
NO of Pairs 47
Cryptocurrency Trading Yes
Pricing Digits 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts Yes
Mobile Alerts Yes
MetaTrader Server Time (Winter) GMT + 2
Demo Account Expiry 3 Months
VPS Offered No

Trading Details

Dealing Desk Yes
Maximum Leverage 30:1
Minimum Contract Size 0.01
Execution Market Excecution
Hedging Yes
Scalping Yes
Scalping Restrictions No
Option of OCO No
Option of FIFO No
Liquidity Providers 3+
Negative Balance Protection Yes

Additonal Instruments

CFD's Yes
Metals Yes
Oil Yes
Stocks Yes
Futures Yes
Indices Yes
EFT's Yes

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Typical Spread on Majors

 
EUR/USD 1.2
GBP/USD 1.6
USD/JPY 1.2

Company Details

Naga Trader

NAGA Group and its entities are regulated by several EU financial licenses, German Stock Exchange (Deutshe Borse AG), Cyprus Securities and Exchange Commission (CySEC), bound by the European “Markets in Financial Instruments Directive” (MiFid) and are committed to the highest ethical standards.

NAGA offers its own Trader platforms (Mobile app & Web version) with opportunity to trade different instruments - Forex, shares, Crypto, Indices, Commodities. Along with trading a client can copy or be copied by other traders. NAGA features a leader board where the most successful traders are ranked, and other traders can view their portfolios, trading history, and various trading statistics. Also, all traders have access to a social news feed and the ability to place their own trades with a variety of order types. The platform also features a sophisticated charting package provided by trading View.

Naga offers an easy stop/loss-take/profit tool called the NAGA Protector which can be easily applied to every trade. NAGA Trader also has an AI-powered robo-advisor, NAGA CYBO who can build personalized trading strategies based on a client’s risk appetite and preferences. No trader is disappointed by NAGA’s service and Trader platform.

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