On this page, we review naga broker. One of the excellent features of naga is its variety of trading accounts. Stay with us for more information about Naga broker.
| Broker name | Naga |
| Established year | 2015 |
| Spread rate | medium |
| Central office | Cyprus |
| Regulation | cysec, cnmv, Bafin |
| Minimum deposit | $250 |
| The easiest way to deposit and withdraw | Visa and MasterCard |
Cent Account
Copy Trading
Spread Reduction Trick
Islamic Account
Permission To Trade Scalping
Naga is a broker located in Cyprus that offers traders a variety of trading symbols from currency pairs in the forex market to digital currencies; this broker has six different trading accounts that traders can use according to their taste and strategy, from each of They can use whatever they want.
Many things are involved in the security and credibility of a broker, the most important of which is the presence or absence of a broker’s regulation and history. Checking the credibility of brokers is always one of the most critical questions when opening an account in a brokerage. It should be examined as carefully as possible; the naga broker is under the supervision of three regulatory bodies and has more than ten years of history. Generally, this broker can be considered at an acceptable level in terms of credit.
Naga broker has three regulations: cysec, cnmv, and BaFin.
Naga broker headquarters is located in Cyprus.
Naga Broker was founded in 2015. Therefore, in terms of history, this broker can be placed in the group of brokers with an average account.
| Profile / account name | Crystal | Diamond | Gold | Silver | Bronze | IRON |
|---|---|---|---|---|---|---|
| Minimum deposit for opening | $100,000 | $50,000 | $25,000 | $5000 | $2500 | $250 |
| Spreads | Starting from 0.7 pips | Starting from 0.9 pips | Starting from 1.2 pips | Starting from 1.7 pips | Starting from 1.7 pips | Starting from 1.7 pips |
| Commission | 10% | 10% | 10% | 20% | 20% | 20% |
| Maximum leverage | Unknown | Unknown | Unknown | Unknown | Unknown | Unknown |
| Ability to trade currency pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Ability to trade stocks and indices | Yes | Yes | Yes | Yes | Yes | Yes |
| Possibility of digital currency trading | Yes | Yes | Yes | Yes | Yes | Yes |
| Scalp permission | Unknown | Unknown | Unknown | Unknown | Unknown | Unknown |
| The possibility of using a robot | Unknown | Unknown | Unknown | Unknown | Unknown | Unknown |
According to the information presented in the table above, we find that Naga broker offers six types of trading accounts to traders, which we will examine in detail below.
The iron account can be opened in naga broker with a minimum deposit of 250 dollars; this account has a 20% commission, and its spread starts from 1.7 pips, the maximum leverage that can be used in it is also unclear.
Naga broker’s boronze account has a minimum deposit of $2500, the spread of this account starts from 1.7 pips, and the broker receives a twenty percent commission from trades. According to our investigations, the maximum leverage that can be used in this account is unclear.
To open a silver account in Naga broker, a minimum deposit of 5000 dollars is required; this account has a 20% commission, and the spread starts from 1.7 pips. Also, the broker has not provided traders specific information about the maximum leverage used in this account.
If you intend to open a gold account in naga broker, you must deposit at least 25000 dollars; the spread of this account starts from 1.2 pips, and the broker receives ten percent commission from traders.
instrumentsOver 12,000 Stocks, Indices, Forex, ETFs, CFDs
Naga diamond broker account can be opened with a minimum deposit of 50,000 dollars, the commission of this account is ten percent, and the spread starts from 1.2 pips; the maximum leverage of this account is also unknown.
The minimum deposit for opening a crystal account in naga broker is one hundred thousand dollars; this account’s spread is variable, starts from 0.7 pips, and has a 10% commission.
The starting spread in broker naga is different and depends on which trading account you choose for trading, but in general, the starting spread of broker naga is from 0.7 pips to 1.7 pips.
In short, an Islamic account can be defined as an account that does not have overnight swaps, which is an outstanding feature for some brokers, and Naga Broker also offers such accounts.
The minimum deposit amount in Naga broker is very high for some accounts, for example, fifty or hundred thousand dollars, but you can open an iron account with a minimum deposit of $250 in this broker, which is the lowest minimum deposit amount to open an account. It is in this broker.
By entering the naga site and selecting your country, you can see the available deposit and withdrawal methods specific to your location, which are different for residents of other countries. But in general, the practices of depositing and withdrawing in naga broker include Visa, Mastercard, etc.
According to the reviews that we have done, it seems that the naga broker does not offer any bonuses to its users.
To receive this bonus, after registration, send a message to the broker’s support and ask him for this $30 bonus.
Authentication in naga broker includes verification of mobile number, residential address, and ID card.
Tradable symbols in naga broker include currency pairs in the forex market, digital currencies, some metals, indices, etc.
Trading platforms provided by naga broker include Metatrader four and five, naga web app, naga ios app, and naga android app.
You can click on the links below to download these applications.
Copy trading is a system through which you can earn a lot of profit by copying the trades of professional traders. Fortunately, this system is also supported by a naga broker.
You must choose a trader whose strategy matches your expectations in the copy trading system. Selecting a professional trader requires sufficient research and knowledge of financial markets.
You can contact us for a free consultation regarding copy trading through the communication channels of the site.
Naga broker has dealt honestly with its traders and users, and we have not yet received any reports of fraud from this broker. Also, according to the records of this broker, the probability of fraud is very low. Also, you can choose a suitable and reliable broker to open an account with, contact us.
