NAGA
Key facts
- Minimum deposit
- $10
- Spread from
- 1.7 pips
- Max. leverage
- 1:1000
- Platforms
- MT4, MT5, NAGA Web, NAGA App
- Instruments
- Forex, Indices, Crypto, Stocks, ETFs, Commodities
- Founded
- 2015
- Available regions
- Latin America, Europe, Asia, Middle East, Africa
Accounts & costs
| Account | Spread from | Commission | Minimum deposit |
|---|---|---|---|
| Iron | 1.7 pips | $0 | $10 |
| Bronze | 1.4 pips | $0 | $2,500 |
| Diamond | 0.9 pips | $0 | $50,000 |
Review
NAGA is a broker built around social and copy trading: its defining feature is the ability to automatically mirror the positions of other traders on the platform, which are ranked by profitability and number of followers.
It runs on MetaTrader 4 and 5 plus its own web and mobile app, and gives access to around 790 instruments — forex, stocks, crypto, indices, ETFs and commodities.
Accounts are tiered: the entry-level Iron tier starts from $10 with spreads around 1.7 pips on EUR/USD, and spreads tighten as you move up (Bronze from $2,500, Diamond from $50,000). Leverage reaches 1:1000 on forex for clients under the offshore entity, and is much lower on crypto and shares.
On regulation NAGA is a mixed picture: European clients are covered by CySEC and BaFin, while clients outside the EU are onboarded under the FSA of Seychelles, which offers far less oversight. Check which entity you are signing with, and only trade with capital you can afford to lose — copy trading does not remove risk, it just moves the decision to someone else.
✓ Pros
- • Social and copy trading built in
- • Low minimum deposit
- • EU (CySEC) regulation
- • Wide range of instruments
✕ Cons
- • Average spreads
- • Mixed regulation
- • Does not accept US clients
Frequently asked questions
- What is the minimum deposit at NAGA?
- The minimum deposit to open a NAGA account is $10.
- What is the maximum leverage at NAGA?
- NAGA offers leverage up to 1:1000.
- How low are spreads at NAGA?
- Spreads at NAGA start from 1.7 pips.
- Which trading platforms does NAGA offer?
- NAGA runs on MT4, MT5, NAGA Web, NAGA App.
Ready to trade with NAGA?
Opening an account takes a few minutes. Trading CFDs carries risk.