NAGA Trade CFDs, FX, ETFs with variable spreads in 2025
Withdrawals, meanwhile, are instant for sums up to $1,000 depending on the payment method used. Or you can head over to the equally impressive NAGA academy for free education articles, videos, webinars, and tutorials. There’s everything there to get you up to speed on trading and avoid blowing up your account in the first week.
Start trading with NAGA
The virtually funded demo account comes with a $10,000 deposit and remains valid for one month. Those who purchase a company’s shares are deemed co-owners of the business and thus entitled to a dividend payment out of the company’s earnings. However, this additional advantage is unavailable to stock traders who engage in CFDs rather than buying real shares. Naga facilitates investing in real shares and trading stock CFDs listed on major stock exchanges worldwide. Below, we have compiled a list of stock exchanges where you can and select your preferred stocks using NAGA.
Available Assets at NAGA
The broker RoboForex is a great option with very low spreads and fees for less popular Forex pairs or assets. With more than 12,000 assets to choose from, you will never run out of options if you sign-up with this broker. The lucrative high leverage is another plus for more experienced brokers. If you have experience in the trading world and you know what you are doing, you might be better of with RoboForex than NAVA.
Margin Calls will warn you when your equity is below a certain level and enables the broker to ensure that their customers are good for funding their positions and solvent. Overall this is essential to the day to day runnings of the financial and commodity markets services industry. When it comes to trading, you will want to position yourself according and depending on your risk appetite. NAGA minimum sizing is 1 micro lot which in forex, is the equivalent to a position size as low as 0.01 standard lots.
MetaTrader 4
The NAGA web app gives you access to almost all the features, including social trading, that are available on the other platform options. You can trade over 500 instruments in a web platform that’s both advanced and user-friendly. Determined to plow a distinctive furrow, NAGA applied its vision to account types.
NAGA says its users enjoy low market spreads because they are continually adjusting spreads to give clients the best conditions across all the markets. It’s worth noting, however, that NAGA’s spreads are variable and as such, tend to be pitched lower than fixed spreads. Unlike other forex brokers, NAGA does not impose trading restrictions during breaking news and events. The backstory of NAGA is an interesting tale and worthy of https://traderoom.info/naga-broker-overview/ retelling. The chili-logoed company was created in October 2015 by Yasin Sebastian Qureshi and Benjamin Bilski when they unveiled their innovative social trading app, NAGA trader. Within months, NAGA had secured funding from one of Germany’s oldest banks and won its first international award in London.
These services require significant investment, and in turn, Naga may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Naga trading profitability. All platforms provide access to over 4,000 instruments across various asset classes, including Forex, stocks, indices, ETFs, commodities, and cryptocurrencies. NAGA’s proprietary platforms stand out with their integrated social trading features, allowing users to interact with other traders and copy successful strategies. It offers real-time order execution with ultra-high-speed order processing.
However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Naga terms and conditions to understand the commission fees and any other charges that may apply is essential. Multi-lingual customer support is available 24 hours a day, 5 days a week, via email, telephone, and live chat. NAGA also runs social media accounts on Facebook, Twitter, and Instagram, providing a quick and convenient way for customers to get in touch. Freetrade also offers a tab bar at the bottom of the app, which offers quick access to portfolio values, watch lists, transaction history and account statements. Both the mobile and web platforms also include a feature called collections, which are stocks organized by sector or category.
- Additionally, to connect to the Naga trading server.Take the time to understand all of the Naga Android MetaTrader 5 features.
- The effect of leverage on profits and losses magnifies them in both directions.
- Naga traders can navigate the platform and find the information they need to make informed trading decisions.
- However, this additional advantage is unavailable to stock traders who engage in CFDs rather than buying real shares.
- The availability of withdrawal methods is tailored to the client’s country of residence, which I found convenient.
- While all the above stats are “interesting” we don’t find them that useful as they fail to disclose completely the real performance of a trader.
Moreover, as it is owned by The NAGA Group AG, a listed company on the Frankfurt Stock Exchange, it must publish its financial statements. We will review NAGA to help you find out whether it is the right investment platform for you. I am glad that the support team helped me with the registration and verification of my account.