Naga Trader Review
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.
Typical Spread on Majors
|Type of Broker||Market Maker|
|Regulated By||Regulated By CySEC (Cyprus)|
|Offices In||Cyprus, Germany, Spain|
|Supported Languages||Greek, Spanish, Portuguese, Polish, Czech, Italian|
|ESMA Regulated?||This broker is regulated within the E.U and issubject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article|
|Platforms Offered||Naga Trader, Naga Trader Mobile, WebTrader|
|NO of Pairs||47|
|Trade off Charts||Yes|
|MetaTrader Server Time||GMT + 2|
|Demo Account Expiry||3 Months|
|Minimum Contract Size||0.01|
|Option of OCO||No|
|Option of FIFO||No|
|Negative Balance Protection||Yes|
Naga Trader Reviews
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