What NAGA Offers and How to Get Started

NAGA is a broker originating from Cyprus that has gained popularity for its focus on social trading and mobile experience. Its NAGA Trader platform allows you to open an online account in less than 15 minutes with just an ID, proof of address, and email verification. Once active, you can fund it from $50 and access a wide range of financial assets.

The Entire Investment Ecosystem from a Single App

The NAGA Mobile app centralizes functions such as operating in MT4/MT5, following traders, setting alerts, checking news, and managing your portfolio. Social trading allows you to automatically copy the trades of prominent investors and view real-time statistics before deciding whom to follow.

• Fast and 100% online account opening

• Integrated copy trading in NAGA Trader

• Available in more than 15 languages

• Mobile app with a simple interface

• CySEC regulation and segregated funds

The NAGA community also includes educational tools and user-generated content, promoting collaborative learning and shared decision-making.

Available Assets and Commission Structure

NAGA allows trading in over 1000 assets with competitive spreads from 0.7 pips in forex. It does not charge fixed commissions per trade on most instruments, although variable spreads and withdrawal fees apply depending on the method. It accepts multiple currencies (USD, EUR, GBP) and payment methods (card, transfer, crypto, and e-wallets).

Instruments and Trading Conditions

• Forex with leverage up to 30:1 (CySEC) and up to 1000:1 (FSC)

• CFDs on stocks, ETFs, and global indices

• Cryptocurrency trading like BTC, ETH, and more

• Commodities: gold, oil, coffee

• Real stocks with partial investment feature

The standard account is designed to provide access to all assets with a single interface. It can be accessed from MT4/MT5 for more technical traders or directly use the NAGA Trader App for more visual and social trades.

NAGA also allows trading with real money or from demo accounts, and it offers filters to find the most profitable traders by region, instrument, or investment style.

Security, Support, and Social Features

NAGA is regulated by CySEC (Cyprus) and FSC (Mauritius), offering accounts with segregated funds, data encryption, and negative balance protection. While its global reach is extensive, it is not available in the United States, Canada, or Japan. Its offering includes 24/5 customer support via phone, chat, and email in multiple languages.

Strengths and Considerations

• ✅ Integrated copy trading feature

• ✅ Wide range of financial assets

• ✅ Intuitive app with a community focus

• ⚠️ Somewhat high fees compared to ECN brokers

• ⚠️ Regulation limited to specific jurisdictions

The ability to observe, learn, and copy more experienced traders is what sets NAGA apart in the retail broker universe. The social focus reduces the learning curve and opens the door to a more collaborative experience, ideal for those who value interaction and collective analysis.

In summary, NAGA combines modern technology, an active community, and multi-asset access in a single app, facilitating entry into the global trading world with accessible tools and a strong social component.