What is Naga broker?

Demo trading accounts are a big plus for Naga and Interactive Brokers as it shows they are interested in their customers. Naga and Interactive Brokers should by law keep client funds separate from Naga and Interactive Brokers funds. If either Naga or Interactive Brokers goes bankrupt, they should not have access to your money. A financial services compensation scheme differs from country to country, so check this on the Naga and Interactive Brokers websites and regulators.

• The minimum deposit method for all payment methods is $250, which is more than many other brokers who may have no deposit minimum, $50 minimum, or $100 minimum.
• Awards are a useful way of judging a
  company and in terms of reliability.
• Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

NAGA provides multiple trading platforms, including NAGA Trader Mobile, NAGA Trader for Web, as well as the popular MT4 and MT5 platforms. It's important to note that NAGA is not regulated, and traders should carefully consider this factor when evaluating the platform. NAGA broker is a popular forex trading platform that was founded in 2015.

NAGA Group

A client has claimed Naga delays withdrawal and charges much higher fees on withdrawal compared to other brokers. Many other clients have also complained about the withdrawal problems they faced with this broker. NAGA Markets Europe Ltd. is a trusted broker, licensed by EU financial regulators. NAGA offers multiple withdrawal methods, such as credit/debit cards, bank wire transfers, and e-wallets which are the same as the deposit methods. The NAGA web trader is also available in multiple languages, making it easier for traders to trade in their language. In addition, the NAGA web trader platform offers a variety of order types and execution modes.

In summary, here are some features that make it a solid choice for traders. Depending on your kind of trader, suppose you want to keep your trading positions open for more than 24 hours on a training day. In that case, a swap (overnight) fee is charged on your open trading positions. This swap fee is variable and depends on the direction of the market you are trading, either buying or selling.

Check out NAGA Lead Traders

Established in 2015, NAGA is one of the best Forex brokers in the financial industry. The company offers its customers a wide array of trading instruments as well as ideal conditions for trading. It should be pointed out that the broker is a completely legitimate entity and provides services to customers around the globe (except the USA). In addition to currency pairs and Forex, you can also trade cryptocurrencies, commodities, and other instruments. In addition, NAGA also provides a free demo account to test the platform before committing to a live account. Especially for forex traders, NAGA offers a great selection of trading platforms and account types.

• In the European market, it is considered a reliable and low-risk broker with an extensive range of instruments to trade and offers competitive trading fees for major forex pairs.
• As such, users’ funds are safe and cannot be used by the broker company for operational costs.
• It would help if you made sure with certainty that your money is held with a regulated brokerage.

The Diamond account also offers a PI Dashboard, and you get 20 daily signals with this account type. When I was offered to trade online I was very wary, but I have to change my mind, Naga is a serious and reliable platform. But you have to rely on people who know how to give you good advice, and Luca is definitely one of them, in fact thanks to him I avoided losing a mountain of money. By following, some successful traders, I have not only been able to make money without, having to do any analysis myself, but I have also been able to learn from their strategies.

very affordable platform

It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether Naga and Interactive Brokers are regulated is not a hard task. A demo account with Naga or Interactive Brokers is extremely useful for people without trading experience.

Naga has unique strengths worth considering when searching for the best forex broker. The company will use the funds in financing global growth and enhanced https://traderoom.info/fundamentals-of-web-application-architecture/ marketing measures. On 27 Jun 2022 I traded the ethusd pair, but at 16.40 System was opened repeatly 5 orders buy NAS100 without my order and auto trade .