NAGA Account Types

filippo ucchino Filippo Ucchino calendar Last Updated: December 2022 timer 2 Min Read

NAGA offers the following account types:

  • NAGA demo account
  • NAGA standard account
  • NAGA Islamic account
Table of Content

NAGA account types: full list and features

The offer carried by the broker may be different depending on your location, since some limitations may be in place. For example, CySEC clients have access to a 30:1 maximum leverage on forex.

NAGA standard account: Best for day-traders

  • Availability: Under CySEC; St. Vincent.
  • Markets: CFD on forex, indices, commodities, futures, ETFs, crypto, stocks; real stocks (1000+ assets in total).
  • Commissions: You will get charged spreads from 1.7 pips; $6 commission on CFD stocks; rollover fee if you hold a CFD position overnight; €0.99 commission on real stocks.
  • Platforms: NAGA proprietary web and mobile platform, MT4, MT5.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:30 (CySEC); up to 1:500 (St.Vincent).
  • Special features: Copy and social trading available with NAGA Autocopy on the proprietary platform; Possibility to enter one of the VIP levels tiers and unlock several benefits by depositing from $250 (iron level) up to $100,000 (crystal).
  • Account opening: A demo version is available. When you feel ready to open a live standard account, $50 is the minimum deposit requested. To enter the lowest VIP level, a $250 minimum deposit is requested.

NAGA Islamic account: best for Muslim traders

  • Availability: Under CySEC; St.Vincent.
  • Markets: Forex, indices, commodities, stocks, futures, ETFs, crypto (1000+ assets in total).
  • Commissions: Spreads from 1 pip; $6 commission on CFD stocks; €0.99 commission on real stocks.
  • Platforms: NAGA proprietary web and mobile platform, MT4, MT5.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:30 (CySEC); up to 1:500 (St. Vincent).
  • Special features: Overnight fees are not charged.
  • Account opening: To open an Islamic account, contact the support team.

What happens to inactive NAGA trading accounts?

NAGA does not charge an inactivity fee. Moreover, the account will not become inactive after a certain period of inactivity.

For other management issues, contact the NAGA support team and they will guide you.


About The Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

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