It can be used to trade or to upgrade the status of your account according to the NAGA Achievements Program. Paying fees in NGC will reduce the related costs of your transactions.

naga coin review

I recently tried to withdraw money because I had made a sufficient loss however I was unable to do so. To recoup the loss, I deposited more money to try and recoup it and this failed. Furthermore, my deposits which had been made had not come onto my actual MetaTrader platform. The application is up to date and I’m not sure what has happened. I had contacted customer services regarding my concerns this morning and didn’t receive a response despite the constant emails. I thought something like this would be taken seriously however clearly this hasn’t occurred.

The open platform that allows the user to connect with anyone and learn from anyone is certainly the new age fun-based trading platform. The NGC is a decentralized digital currency for investing and trading in virtual goods, financial markets, and cryptocurrencies. Moreover, all activities in the network go around NGC, from serving as the essential form of fees and guarantee to fill in as the primary base currency for any transactions.

2 How Can You Buy Naga Coin?

Along with compatibility with the top cryptocurrencies, the wallet also allows users to deposit, store and withdraw ERC20 tokens acquired through ICOs. NAGA is developing fast and getting known as a reliable firm, offering a wide scope of tradable instruments with incredible social trading opportunities. The data offered on the site makes NAGA more appealing to new or less-experienced traders. The mix of news and updates through the blog, education for clients, good customer support and simple copy trading, will attract more new traders. Those who are used to the Metatrader may find the transformation a little tricky to get a grip on, as the improvements are targeted to attract the new generation of traders and investors. The blend of social media network with the investment and trading platform is like a new source of fresh air that connects all kinds of masses.

naga coin review

That means you can start your own journey in the markets by just taking the lead from other expert traders. All you need is a Live Trading Account and you can now Auto-Copy and be Autocopied. The way traders connect their trading funds with the physical world. An independent app and challenger-bank solution that entirely disrupts the money management and investing experience. Forex trading carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments, due to leverage retail accounts lose money. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it.

He’s held trading and risk management positions at boutique asset managers and large investment banks. Justin helps people understand their trading options in a clear, jargon-free manner. NAGA Markets is also a fairly priced broker with its 1.2 pips for the EUR/USD matching the industry average exactly. The low withdrawal fees and absence of commission charges also make this broker an excellent entry point for CFD trading, cryptocurrency trading and exchange and Social and Copy trading. NAGA Markets is well suited to first-time traders as it provides a plethora of educational-based materials through its NAGA Trading Academy. Beginners can tap into a range of guides, videos, courses and webinars to get up and running.

Is Naga Right For You?

NAGA currently has over 500,000+ traders benefiting from the NAGA platform. Every trader, regardless of their level of expertise, can learn about the markets, stay up to date, interact with other traders, and finally follow/Auto-Copy proven expert traders. If you are an inexperienced trader or a beginner in trading then NAGA is a great choice for you. It’s easy to use, the support is good and you can get a lot of help on the platform.

Traders move through the levels, Bronze, Silver, Gold, Diamond and Crystal by completing certain activities. A Crystal Trader, for example, needs to have made 30+ profitable trades and entered a 100,000 euro deposit. NAGA Markets has a high rating of 4.7/5 on TrustPilot from more than 300 reviews and a lower 2.434 rating on Fox Peace Army from a smaller 22 sample review size. The vast majority (83%) of reviews on TrustPilot are Excellent with users praising the platform and sleek UI and UX backed up by timely and helpful assistance. If you want access to all trading markets – commodoties, cryptocurrency and stocks in one place – your options are very limited. You see, it’s quite common for cryptocurrency exchanges to offer exchange fee discounts for trading with their tokens.

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Naga Markets offers Negative Balance Protection which is an automated adjustment of the account balance to zero in case it becomes negative after the market falls below your stop. A stop-loss is designed to limit traders’ loss on a market position. Traders located elsewhere can reach NAGA markets using the global support line. NAGA Markets supports the MetaTrader 4 platform which has been the market standard for over a decade. The platform combines excellent performance with unparalleled security thanks to the 128-bit keys encryption. Traders can access in excess of 700 markets across crypto, forex and virtual in-game items via NAGA Markets’ registered social trading platform, NAGA Trader.

3 Where Can I Find Their Wallet?

As we have already discussed, you can deposit and withdraw real cryptocurrencies and buy NAGA-Coins, which is the NAGA Markets cryptocurrency. NGC is recognized as a valid base currency for the account, meaning you can deposit in NGC in order to open your account. However, traders are familiar with it and this is essential for minimising human errors. Moreover, it gets the job done and is a powerful trading platform with encrypted communications between you and the servers. Not least, there are over 50 indicators and charting tools for CFDs where you can copy other traders. Margin Calls will warn you when your equity is below a certain level and enables the broker to ensure that their customers are good for funding their positions and solvent. Overall this is essential to the day to day runnings of the financial and commodity markets services industry.

I can’t believe the poor customer service which I have received today. If not an email, a call would be suffice but I don’t want to receive a call anymore because I am fed up with the service I have received. They asked for a credit card document from me to confirm the depositor. And when I contact support they ask me to get debit card ownership. THAT IS STUPID THING EVER. What bank gives details about debit card for their customers? NONE.Lack Of Policy Withdrawal Ever.Trading account number is .

  • Its intuitive software is built from the ground up for a modern trading experience with gestures, customised settings, filters and copy trading functionality offering a truly customised approach.
  • The tradable assets in CFDs and crypto mean this broker’s offerings are plentiful compared to others on the market.
  • Only the NFA regulated brokers featured on this site are available to U.S. customers.
  • NAGA Markets offers the industry-standard MT4 alongside its own proprietary social trading, widening its appeal to traders across the globe.
  • The Crypto-Wallet section allows traders to Buy NAGA Coin or Bitcoin with crypto or EUR/USD instantly via a banner at the top of the page.
  • There is also an overview of trading accounts and a Crypto-Wallet drop-down box with some of the most popular cryptocurrencies.

Keeping this in mind, NAGA offers its traders unlimited demo accounts for free, which is very helpful for the traders. This demo account is very easy and it can be opened with an email, by providing full name, and phone number. The money offered by NAGA is virtual cash, and hence there is no high risk involved because the losses and profits are only virtual. As per our NAGA review, when compared to other brokers forex in the trading sector, traders of NAGA are assured that the website offered for trading is very easy to navigate and the software is easy to use. By using this website software, the trader can minimize the human errors caused by emotions such as loss or greed that affects the trading decision of the trader. As per our review, NAGA Markets website provides the most prominent trading software, MetaTrader 4.

Brokers By Platforms

A critical feature of any broker is of course how much the broker charges for transacting in the market. Let’s take a delve into how this broker fares in a competitive market space where over the years, the spreads on offer for retail traders have Price Action Trading Guide become extremely fine. This is a feature that is rising in demand as we move throughout the ages as more people gravitate in this direction in 2020. Justin has twenty-two years’ of experience working in the financial markets with brokers.

naga coin review

There are pros and cons to this, but let’s take a look into what trading conditions to expect as a consequence of this below. This protection is offered worldwide, even if outside the EU is not mandatory.

You Will Not Get Your Money Back!

Novices without trading experience can also complete basic courses and get help from a dedicated account manager. MT4 is perfect for beginners and expert traders alike as it is easy to get an account set up within minutes while the low memory and CPU footprint ensures smooth operation throughout the working day. MT4 also brings advanced functionality such as coding related MQL4 integrated development and algorithmic trading for a complete, bespoke, highly advanced experience. Users can become an Iron Trader by registering a live account, getting verification, closing and copying five demo traders and opening a Stocks Account and filling in the profile page.