XM Forex Penguin

XM Forex Penguin


Last Updated: Nov 20, 2023 @ 5:53 pm


A Quick Summary of NAGA

🕵 Broker TypeMM
📌 RegulatedBaFin (Germany)  , CNMV (Spain), CONSOB (Italy), CySEC (Cyprus)
💰 Min Deposit$250
💹 EUR/USD Spread1.2 Pips
📈 Demo AccountYes
💱 Base CurrenciesAUD, CAD, CHF, EUR, GBP, NZD, USD
📊 PlatformsMT4, MT5, Mobile, Proprietary
, Web
💎 AssetsAlgriculture, Commodities, Cryptos, ETF, Energies, Indices, Forex, Futures, Metals, Real Stocks
, Stock CFDs
📉 Hedging AllowedYes

NAGA Broker Details

Broker Contacts

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Chat Support
Live Chat Available
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Social Media
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Company Profile

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Company Name
NAGA Markets Europe LTD
Year Icon
Year Founded
Headquarter Icon
Limassol, Cyprus
Public Listed Icon
Public Listed
Frankfurt, Germany (WKN: A161NR | ISIN: DE000A161NR7)
Regulated Icon
BaFin (Germany)  , CNMV (Spain), CONSOB (Italy), CySEC (Cyprus)
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Countries Not Accepted
Afghanistan (AF), Albania (AL), Australia (AU), Belgium (BE), Canada (CA), Central African Republic (CF), Congo, Democratic Republic (CD), Congo, People’s Republic (CG), Guam (GU), Iran (IR), Israel (IL), Japan (JP), Kosovo (XK), Libya (LY), Macedonia (MK), Myanmar (MM), New Zealand (NZ), North Korea (KP), Russian Federation (RU), San Marino (SM), Serbia (RS), South Korea (KR), South Sudan (SS), Ukraine (UA), United Kingdom (GB), United States (US), United States Minor Outlying Islands (UM), Virgin Islands of the United States (VI), Yemen (YE), Yugoslavia (YU), Zimbabwe (ZW)
Broker Type Icon
Broker Type
Market Maker (MM)

Trading Conditions

Demo Account: Yes
Minimum Deposit: $250
Minimum Withdrawal: $50
Maximum Leverage: 1:1000
Average Spread EUR/USD: 1.2 Pips
EA/Robotrading: Yes
Base Currency: AUD, CAD, CHF, EUR, GBP, NZD, USD
Hedging Allowed: Yes
Scalping Allowed: No
Negative Balance Protection: Yes
Swap Free/Islamic Account: Yes
Social Copy Trading: Yes
Trading Instrument Icon
Available Trading Instruments
Algriculture CFDs, Commodities CFDs, Cryptocurrencies, ETF CFDs, Energies CFDs, Equity Indices CFDs, Forex Pairs CFDs, Futures CFDS, Precious Metals CFDs, Real Stocks, Stock CFDs
Payment Processor Icon
Available Payment Processors
Alphabank, Astrobank, Bank Cards, Bank Wire, Diners, Discover, Electronic Payment Standard (EPS), Equals Money, Eurobank, Euteller, Giropay, Hong Leong, Local Transfers, Maestro, Mastercard, Maybank, Multibanco, MyBank, Neosurf, Neteller, Nordea SOLO, PaySafeCard, Paypal, Przelewy24, Public Bank, RHB, Revolut, SEPA, Skrill, Sofort, VISA, VISA Electron, iDeal
Trading Platform Icon
Available Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), Mobile Platform, Proprietary Platform, Web Platform

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