Editorial only. Trading CFDs is high-risk — most retail accounts lose money. We are not a broker and not a financial adviser. Capital at risk. Verify regulation and terms directly with each broker before opening an account.
NA
NAGA Review 2026
Trust Score: 78/100— Good
Regulated by
- CySEC
- ASF (Romania)
NAGA is a social trading network and CFD broker whose EEA business runs through NAGA Markets Europe LTD, regulated by CySEC under licence No. 204/13 and registered with Romania's ASF. That makes it EEA-passportable, unlike the offshore entries in this comparison, and retail leverage is capped at the ESMA 30:1. Alongside CFDs it offers real shares with zero commission, and its defining feature is copy trading — automatically mirroring another trader's positions. NAGA publishes an average EUR/USD spread of 0.9 pips and a $50 minimum deposit. Its parent, NAGA Group AG, is listed on the Frankfurt Stock Exchange. CFDs are complex, leveraged products and 70.45% of retail investor accounts lose money trading them with this provider; copying another trader does not reduce that risk. Capital at risk.
Regulation
82
Fees & Costs
66
Platforms
75
Education
70
Customer Support
70
Research & Tools
70
NAGA Trust Radar
Pros
- CySEC-regulated EEA entity (No. 204/13) — one of the few brokers here that is EEA-passportable
- Parent NAGA Group AG is listed on the Frankfurt Stock Exchange
- Real shares with zero commission alongside CFDs, not a CFD-only book
- $50 minimum deposit on every card and e-wallet method they list
- Social/copy trading is the core product, not an add-on
Cons
- 70.45% of retail accounts lose money — their own published figure
- 0.9 pip average EUR/USD spread is mid-table, not a raw-spread offering
- Copying another trader carries the same leveraged risk as trading it yourself
- Not available to residents of Belgium, and we do not link it in Spain
- Founding year is not published on the EU site
Broker Specifications
FoundedNot published
HeadquartersLimassol, Cyprus
Min. Deposit$50
Max Leverage (EU)30:1
Max Leverage (non-EU)30:1
EUR/USD Spread0.9 pips
CommissionZero commission on real stocks; 0.00% fee on FX CFDs
PlatformsNAGA (web & app), MetaTrader
Instruments1,000
FX Pairs49
Crypto CFDsYes
Stock CFDsYes
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.45% of retail investor accounts lose money when trading CFDs with NAGA.
Other Top Brokers
PE
Pepperstone
Score: 96/100
Pepperstone is an ECN broker regulated by the FCA and ASIC among seven authorities. It advertises raw spreads from 0.0 pips on its Razor account and runs a no-dealing-desk execution model, which is why it is widely used by active and algorithmic traders.
IC
IC Markets
Score: 93/100
IC Markets is the world's largest true ECN broker by volume, processing over $20 billion daily. Ideal for high-frequency traders who need raw spreads and deep liquidity.
IG
IG Group
Score: 95/100
IG is the world's largest CFD provider and a FTSE 250 company. With 50 years of history and regulation across 8 jurisdictions, it's the gold standard for trust and research quality.
This is not financial advice. Past performance is not indicative of future results.
