Naga

3.9(580 reviews)

Social trading platform with stocks, crypto and CFDs

CySEC RegulatedSince 2015

Trust Score

Very Good

Ready in 2 minutes

* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

250 €

Min. Deposit

Instruments

CySEC

Regulation

Platforms

Key Features

Forex

Forex trading available

Stocks CFDs

Stocks CFDs trading available

Real Stocks

Real Stocks trading available

Indices

Indices trading available

Commodities

Commodities trading available

Crypto

Crypto trading available

ETFs

ETFs trading available

NAGA Web

Trading Platform

NAGA App

Trading Platform

MT4

Trading Platform

MT5

Trading Platform

Advantages

Social trading / copy trading
Real stocks and crypto alongside CFDs
Integrated NAGA Card
MT4 and MT5 available

Disadvantages

Higher minimum deposit (€250)
Spreads sometimes higher than competitors
Only CySEC-regulated

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About Naga

Naga was founded in 2015 in Hamburg, Germany, and is a social trading platform regulated by CySEC. Naga distinguishes itself from traditional brokers by combining social trading, real stocks, cryptocurrencies, and CFDs on a single platform. Traders can copy the strategies of successful investors while simultaneously investing in a wide range of financial instruments. The offering includes Forex, stock CFDs, real stocks, indices, commodities, cryptocurrencies, and ETFs. Alongside the proprietary NAGA platform, MetaTrader 4 and MetaTrader 5 are available. The integrated NAGA Card allows users to spend their profits directly via a prepaid card. The minimum deposit is €250, which is somewhat higher than some competitors. Naga is particularly suited for traders who want to benefit from community knowledge and trade various asset classes through a single platform.

Naga FAQ

What is the minimum deposit at Naga?

The minimum deposit at Naga is €250. This is higher than many other brokers but provides access to real stocks, cryptocurrencies, and the social trading network.

How does social trading work at Naga?

Through the NAGA platform, you can view and automatically copy the portfolios and trades of successful traders. You select a trader, set the copy amount, and all trades are proportionally executed in your account.

Can I buy real stocks at Naga?

Yes, Naga offers real stock trading alongside CFDs. You can purchase and own actual company shares, not just speculate on price movements.

What is the NAGA Card?

The NAGA Card is a prepaid card that allows you to spend profits from your trading account directly in everyday life. It functions like a regular debit card and can be used worldwide for payments and withdrawals.