In this NAGAMarkets.eu Review, we are going to take a look at the offer that this broker prepared for its traders. NAGAMarkets.eu is regulated by the CySEC in Cyprus. NAGAMarkets.eu operates on the financial market since 2015. When it comes to trading platforms, the broker features MetaTrader 5 and WebTrader and MetaTrader 4. The NAGAMarkets.eu minimum deposit is 100 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this NAGAMarkets.eu Review
Website address: | nagamarkets.eu (.com) |
Operated by: | The NAGA Group AG |
Licensed and authorised by regulatory bodies: | CySec SVGFSA |
Supported languages: | English, German, Italian and Portuguese |
Customer support available via: | |
Contact details: | [email protected], 44 20 3966 4543 |
Available deposit methods: | Bank transfer, VISA, MasterCard, EPS, Giropay, iDEAL, Klarna, Neteller, Przelewy24, Skrill |
Available withdrawal methods: | Bank transfer, VISA, MasterCard, EPS, Giropay, iDEAL, Klarna, Neteller, Przelewy24, Skrill |
Minimum deposit: | 100 USD |
Min. trade in lots: | 0.01 |
Spreads: | Typical spread on the currency pair EUR/USD - 1,6 pips * on standard account type |
Tradable assets: Might be a CFD. | Forex (45), stocks, commodities, cryptocurrencies (10) |
Mobile app: | |
MetaTrader 4: | |
Other trading platforms: | MetaTrader 5 and WebTrader |
Social trading: |
NAGAMarkets.eu Fees (typical spreads)
We have scanned fees (typical spreads) that NAGAMarkets.eu charges when trading popular currency pairs, here is their breakdown in pips.
EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
---|---|---|---|---|---|
2,5* | 1,6* | * | 1,1* | * | * |
*Typical spreads were recorded on 17.01.2020 at 21:27 for the standard account. NAGAMarkets.eu spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: FxGlory, RCMFX, OKEX and UMarketsPro
Frequently Asked Questions
🧐 Is NAGAMarkets.eu a Scam?
NAGAMarkets.eu is a broker licensed and regulated by the CySec and SVGFSA. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that NAGAMarkets.eu is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the NAGAMarkets.eu minimum deposit?
In order to start trading with NAGAMarkets.eu , you have to deposit at least 100 USD.
📵 What deposit and withdrawal methods NAGAMarkets.eu supports?
⚖️ Would you recommend me choosing NAGAMarkets.eu ?
We don’t have our own personal experience with NAGAMarkets.eu . However, because the broker is regulated by the CySec and SVGFSA, there is a high chance that it is not a scam. With that being said, it still does not mean that NAGAMarkets.eu is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.