In this section we will analyze the broker NAGA Markets (also called nagamarkets.eu - naga.com, nagatrader.com), is a Forex, Cryptocurrency and CFD broker. Is NAGA Markets really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
➡️ In this section you can find: opinions about NAGA Markets ✅, claims eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it NAGA Markets ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review on this investment company.
We do this review and assessment, because we receive different messages and comments asking about the reliability of the company in question. ¿Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ The broker mentions being part of: NAGA Markets Ltd. Update March 2022: NAGA Group AG, The NAGA Group AG, NAGA Markets Europe Ltd, NAGA Technology GmbH and NAGA Global Ltd
✅ Regarding its location, the broker mentions being based in: Cyprus and Saint Vincent and the Grenadines.
✅ If we analyze the regulation of the broker: because NAGA Markets is regulated by the CySEC (regulatory body of Cyprus) with the regulation number CIF 204/13. Regarding this regulation, in our opinion, we want to emphasize that we consider that it is not a safe regulation.
📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated brokerit's very risky, don't take that risk. 📌
If now we go on to analyze account types that NAGA Markets offers, we note that it offers 6 different types of account; the Steel Account, the Bronze Account, the Silver Account, the Gold Account, the Diamond Account and the Crystal Account.
Steel Account- $ 0 minimum initial deposit, all available financial instruments, limited NAGA academy, webinars, daily videos.
Bronze Account- $ 1.000 minimum initial deposit, all available financial instruments, limited NAGA academy, webinars, daily videos, technical analysis reports.
Silver Account- $ 5.000 minimum initial deposit, all available financial instruments, limited NAGA academy, webinars, daily videos, technical analysis reports.
Gold Account- Minimum initial deposit of $ 20.000, all available financial instruments, access to full NAGA academy, webinars, daily videos, technical analysis reports, personalized coaching, no withdrawal or deposit fees, savings of up to 50% in trading fees.
Diamond Account- Minimum initial deposit of $ 50.000, all available financial instruments, access to full NAGA academy, webinars, daily videos, technical analysis reports, personalized coaching, no withdrawal or deposit fees, savings of up to 50% on trading fees, spreads lower on main instruments.
Crystal Account- Minimum initial deposit of $ 100.000, all available financial instruments, access to full NAGA academy, webinars, daily videos, technical analysis reports, personalized coaching, no withdrawal or deposit fees, savings of up to 50% on trading fees, spreads lower on main instruments, spreads on main instruments without commissions.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that NAGA Markets offers are: the MT4 platform.
We will now analyze the different resources and aids for traders that NAGA Markets provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
NAGA Markets provides the following help or resources to traders or interested parties: basic explanation of financial products that the company NAGA Markets provides, some live graphics, explanation of some basic concepts of the investment world, webinars, economic calendar.
🟢 Other information about NAGA Markets 🟢
(I.e. Some more information in case you want to contact the company, or see its website for yourself. (I.e.
🌏 Website: nagamarkets.eu/en
📞 Telephone number: +44 33 0808 8867 | +44 20 3318 4345 | +357 25 041410
📧 Email: [email protected]
You might be wondering why we review NAGA Markets. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
>>> Assessment on NAGA Markets <<
Ending with this section, in our opinion Do we believe that the company NAGA Markets is trustworthy? Should you invest your money with the company? ⭐ 2022 analysis ⭐
Seeing all this, we recommend taking caution, because: although it is a regulated broker, but unfortunately CySEC (Cyprus) is a very unsafe regulation and as a consequence thousands of people have been scammed by brokers regulated by this body; It has offices in countries with a very bad reputation (Cyprus); When looking for reviews about NAGA Markets we found several negative reviews warning about this broker. Bottom line: it doesn't seem like a good idea, we suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.