NAGA review

2 licensed entities · naga.com

✓ Checked Oct 15, 2026

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Coinish Score

59/100

Stocks in Sweden

Editor Rating

3.3/5

Stocks in Germany

Best rank

4 of 9

Stocks in Sweden

EUR/USD cost

0.6 pips

In short

Licensed by CySEC and FSA Seychelles.
2 licensed companies, so the one you sign up with depends on where you live.
Offers forex, CFDs, stocks & ETFs, copy trading, with 4,000+ instruments.
Trade on NAGA app and TradingView charts.
Offers a demo account.
Support by email.

What it costs

EUR/USD all-in cost	0.6 pips, Zero-commission offering
US stock commission	$0 per order
Currency conversion fee	Not verified yet
Inactivity fee	Not verified yet
Withdrawal fee	Up to $5
Minimum deposit	$50 (NAGA Markets Europe Ltd)

3.3/5

How we rated it · Stocks in Germany (NAGA Markets Europe Ltd)

Computed from verified facts only, with published thresholds. 100% of the rating weight is backed by data. Method →

Regulation & safety 25%
2.3
Trading costs 25%
4.0
Markets & products 15%
4.3
Platforms & tools 10%
3.0
Deposits & withdrawals 10%
3.8
Account options 5%
3.0
Support 10%
2.5

Moderate

Market Signal

✓ Real data

Computed from Ahrefs + Semrush data about NAGA’s own website. Not an assessment of the broker itself: it makes up half of the Coinish Score and never changes the Editor Rating. How this works →

Market strength

Where it stands today

Momentum

74 Rising Fast ↑↑

Where it’s heading

Data confidence

Medium

How much to trust it

Traffic strength
43
Search visibility
54
Authority
42
Brand & market presence
49

Tick mark = category average.

Compared with 88 tracked trading platforms. Data through October 2026, pulled Nov 2, 2026.

Who holds your account

The company you sign up with depends on where you live. Its regulator decides your protections.

Entity	Regulator	Licence	Serves	CFD loss %
NAGA Markets Europe Ltd naga.com/eu	CySEC Tier 2	204/13	EEA (EU passport) Not: Belgium stated by the broker	–
NAGA Capital Ltd	FSA Seychelles Tier 3 (offshore)	SD026	Rest of world Not: Canada, New Zealand, United States named on the regional site	–

Entity

Regulator

Licence

Serves

CFD loss %

NAGA Markets Europe Ltd

naga.com/eu

CySEC

Tier 2

204/13

EEA (EU passport)

Not: Belgium

stated by the broker

–

NAGA Capital Ltd

FSA Seychelles

Tier 3 (offshore)

SD026

Rest of world

Not: Canada, New Zealand, United States

named on the regional site

–

Platforms, funding and support

Products	Forex, CFDs, Stocks & ETFs, Copy trading
Owner	The NAGA Group AG
Instruments	4,000+
Fractional shares	Not verified yet
Platforms	NAGA app, TradingView charts
Deposit methods	Wire transfer, Credit/debit card
Withdrawal time (stated)	Not verified yet
Demo account	Yes
Support	email · Mon–Fri 07:30–02:00 EEST

NAGA ratings by country (33)

We rate NAGA separately on each of the 33 country lists it appears on, based on the company that would hold your account there. The breakdown above is for its highest-rated one.

Country	Product	Entity	Access	Rating
Germany	Stocks	NAGA Markets Europe Ltd	EU passport	3.3/5
Netherlands	Stocks	NAGA Markets Europe Ltd	EU passport	3.3/5
Italy	Stocks	NAGA Markets Europe Ltd	EU passport	3.3/5
Spain	Stocks	NAGA Markets Europe Ltd	EU passport	3.3/5
Austria	Stocks	NAGA Markets Europe Ltd	EU passport	3.3/5
Croatia	Stocks	NAGA Markets Europe Ltd	EU passport	3.3/5
Sweden	Stocks	NAGA Markets Europe Ltd	EU passport	3.3/5
Portugal	Stocks	NAGA Markets Europe Ltd	EU passport	3.3/5
Denmark	Stocks	NAGA Markets Europe Ltd	EU passport	3.3/5
Finland	Stocks	NAGA Markets Europe Ltd	EU passport	3.3/5
Cyprus	Stocks	NAGA Markets Europe Ltd	Locally licensed	3.3/5
Germany	CFDs	NAGA Markets Europe Ltd	EU passport	3.2/5
Netherlands	CFDs	NAGA Markets Europe Ltd	EU passport	3.2/5
Italy	CFDs	NAGA Markets Europe Ltd	EU passport	3.2/5
Spain	CFDs	NAGA Markets Europe Ltd	EU passport	3.2/5
Austria	CFDs	NAGA Markets Europe Ltd	EU passport	3.2/5
Croatia	CFDs	NAGA Markets Europe Ltd	EU passport	3.2/5
Sweden	CFDs	NAGA Markets Europe Ltd	EU passport	3.2/5
Portugal	CFDs	NAGA Markets Europe Ltd	EU passport	3.2/5
Denmark	CFDs	NAGA Markets Europe Ltd	EU passport	3.2/5
Finland	CFDs	NAGA Markets Europe Ltd	EU passport	3.2/5
Cyprus	CFDs	NAGA Markets Europe Ltd	Locally licensed	3.2/5
Germany	Forex	NAGA Markets Europe Ltd	EU passport	3.0/5
Netherlands	Forex	NAGA Markets Europe Ltd	EU passport	3.0/5
Italy	Forex	NAGA Markets Europe Ltd	EU passport	3.0/5
Spain	Forex	NAGA Markets Europe Ltd	EU passport	3.0/5
Austria	Forex	NAGA Markets Europe Ltd	EU passport	3.0/5
Croatia	Forex	NAGA Markets Europe Ltd	EU passport	3.0/5
Sweden	Forex	NAGA Markets Europe Ltd	EU passport	3.0/5
Portugal	Forex	NAGA Markets Europe Ltd	EU passport	3.0/5
Denmark	Forex	NAGA Markets Europe Ltd	EU passport	3.0/5
Finland	Forex	NAGA Markets Europe Ltd	EU passport	3.0/5
Cyprus	Forex	NAGA Markets Europe Ltd	Locally licensed	3.0/5

Country

Product

Entity

Access

Rating

Germany

Stocks

NAGA Markets Europe Ltd

EU passport

3.3/5

Netherlands

Stocks

NAGA Markets Europe Ltd

EU passport

3.3/5

Italy

Stocks

NAGA Markets Europe Ltd

EU passport

3.3/5

Spain

Stocks

NAGA Markets Europe Ltd

EU passport

3.3/5

Austria

Stocks

NAGA Markets Europe Ltd

EU passport

3.3/5

Croatia

Stocks

NAGA Markets Europe Ltd

EU passport

3.3/5

Sweden

Stocks

NAGA Markets Europe Ltd

EU passport

3.3/5

Portugal

Stocks

NAGA Markets Europe Ltd

EU passport

3.3/5

Denmark

Stocks

NAGA Markets Europe Ltd

EU passport

3.3/5

Finland

Stocks

NAGA Markets Europe Ltd

EU passport

3.3/5

Cyprus

Stocks

NAGA Markets Europe Ltd

Locally licensed

3.3/5

Germany

CFDs

NAGA Markets Europe Ltd

EU passport

3.2/5

Netherlands

CFDs

NAGA Markets Europe Ltd

EU passport

3.2/5

Italy

CFDs

NAGA Markets Europe Ltd

EU passport

3.2/5

Spain

CFDs

NAGA Markets Europe Ltd

EU passport

3.2/5

Austria

CFDs

NAGA Markets Europe Ltd

EU passport

3.2/5

Croatia

CFDs

NAGA Markets Europe Ltd

EU passport

3.2/5

Sweden

CFDs

NAGA Markets Europe Ltd

EU passport

3.2/5

Portugal

CFDs

NAGA Markets Europe Ltd

EU passport

3.2/5

Denmark

CFDs

NAGA Markets Europe Ltd

EU passport

3.2/5

Finland

CFDs

NAGA Markets Europe Ltd

EU passport

3.2/5

Cyprus

CFDs

NAGA Markets Europe Ltd

Locally licensed

3.2/5

Germany

Forex

NAGA Markets Europe Ltd

EU passport

3.0/5

Netherlands

Forex

NAGA Markets Europe Ltd

EU passport

3.0/5

Italy

Forex

NAGA Markets Europe Ltd

EU passport

3.0/5

Spain

Forex

NAGA Markets Europe Ltd

EU passport

3.0/5

Austria

Forex

NAGA Markets Europe Ltd

EU passport

3.0/5

Croatia

Forex

NAGA Markets Europe Ltd

EU passport

3.0/5

Sweden

Forex

NAGA Markets Europe Ltd

EU passport

3.0/5

Portugal

Forex

NAGA Markets Europe Ltd

EU passport

3.0/5

Denmark

Forex

NAGA Markets Europe Ltd

EU passport

3.0/5

Finland

Forex

NAGA Markets Europe Ltd

EU passport

3.0/5

Cyprus

Forex

NAGA Markets Europe Ltd

Locally licensed

3.0/5

Ready to look at NAGA? Check which company would serve you before you open an account.

Visit NAGA

Sources (21)

Licence / entity · broker's own site · naga.com · Oct 8, 2026
“NAGA Markets Europe LTD offers services to residents within the European Economic Area, excluding Belgium.”
Licence / entity · broker's own site · naga.com · Oct 8, 2026
“Regulated Broker (FSA Licence No. SD026)”
Licence / entity · broker's own site · naga.com · Oct 8, 2026
“NAGA Capital Ltd does not provide services for the residents of certain countries, such as Canada,New Zealand,Iran,Korea and U.S.A”
Licence / entity · broker's own site · naga.com · Oct 8, 2026
“Negative balance protection”
Owner · broker's own site · naga.com · Oct 8, 2026
“NAGA is a trademark of The NAGA Group AG, a German based FinTech company publicly listed on the Frankfurt Stock Excha”
listed · broker's own site · naga.com · Oct 8, 2026
“Member of NAGA Group AG. Listed on the Frankfurt Stock Exchange”
Costs · broker's own site · naga.com · Oct 8, 2026
“Spreads from 0.6 pips on EUR/USD”
Platforms · broker's own site · naga.com · Oct 8, 2026
“TradingView charts with 50+ technical indicators”
Support · broker's own site · naga.com · Oct 8, 2026
“Available 24/5”
Licence / entity · regulator register · cysec.gov.cy · Oct 6, 2026
“CySEC register of Cypriot investment firms: Naga Markets Europe Ltd, Licence Number 204/13”
Accounts · broker's own site · naga.com · Oct 8, 2026
“Demo accounts for practice”
Accounts · broker's own site · naga.com · Oct 8, 2026
“NAGA offers access to CFDs, real stocks, social and copy trading, education, market research, and integrated financial tools.”
Funding · broker's own site · naga.com · Oct 15, 2026
“Wire Transfer ... redit/Debit Cards”
Support · broker's own site · naga.com · Oct 10, 2026
“Contact us via e-mail”
Support · broker's own site · naga.com · Oct 10, 2026
“We are available Monday - Friday, 07:30 am - 02:00 am EEST.”
Costs · broker's own site · naga.com · Oct 10, 2026
“Access 3,000+ real stocks and ETFs with 0% commission”
Markets · broker's own site · naga.com · Oct 10, 2026
“Trade 4000+ instruments on a user-friendly and advanced platform.”
Licence / entity · broker's own site · archived copy of naga.com · Apr 14, 2026
“NAGA Markets Europe Ltd”
apps · broker's own site · apps.apple.com · Oct 14, 2026
“NAGA MARKETS LTD”
Costs · broker's own site · files.naga.com · Oct 14, 2026
“Withdrawal transactions are subject to withdrawal fees. The size of the withdrawal depends on the VIP user level and vary between 0-5 USD/EUR per withdrawal”
Licence / entity · broker's own site · naga.com · Oct 15, 2026
“Visa 0 $50 $35000 per card per day ... Equals Money 0 $50 N/A 2-5 business days ... The website is operated by NAGA Markets Europe LTD”