Naga Markets forex broker Review

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var

Clients

var

Assets

50 USD

Min Deposit

var

Avg Spread

Naga Markets

6.0/10

Since 2016

Germany

Trust: 9.2/10

Visit

Contact Info

support.sc@naga.com

phone

002484671946

Environment

Average

WeConnectFX Trade Rating Guide

At WeConnectFX, we are committed to transparency. Below is an overview of our proprietary trade rating system, which assesses brokers based on platform reliability, user trust, financial transparency, and operational history to ensure your peace of mind.

Rating	Label	Meaning
AAA	Elite	Exceptional transparency and trust with long-term consistency.
AA	Excellent	Highly reliable with minor improvement areas.
A	Strong	Performs well overall but may lack deep market credibility.
B	Average	Meets basic expectations, moderate user concerns.
C	Weak	Lacks consistent performance or transparency.
D	High Risk	Significant red flags or repeated user complaints.

Our WeConnectFX rating model uses broker performance signals, licensing history, global presence, and client feedback. It's designed to assist our users in evaluating the safety and service quality of trading platforms effectively.

Social Media

Naga Markets

Licenses

5 licenses

WeConnectFX

NO:10045

Cyprus Securities and Exchange Commission

Investment Services License

Regulatory Status

Authorised

Regulatory Jurisdiction

Cyprus

Licensed Entity

Brands

Phone

License No

204/13

Effective Date:

19 Jun 2013

Attached Documents:

Sharing Status:

Exclusive

WeConnectFX

NO:10046

Financial Services Authority

Forex Market License

Regulatory Status

Authorised

Regulatory Jurisdiction

Seychelles

Licensed Entity

Brands

Phone

License No

SD026

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

WeConnectFX

NO:10047

Financial Sector Conduct Authority

Financial Services License

Regulatory Status

Authorised

Regulatory Jurisdiction

South Africa

Licensed Entity

Brands

Phone

License No

37166

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

WeConnectFX

NO:10048

Financial Services Regulatory Authority

Financial Services Regulatory Authority License

Regulatory Status

Authorised

Regulatory Jurisdiction

United Arab Emirates

Licensed Entity

Brands

Phone

License No

190005

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

WeConnectFX

NO:10049

Financial Services Authority of Saint Vincent and the Grenadines

Forex Supervision License

Regulatory Status

Registered

Regulatory Jurisdiction

Saint Vincent and the Grenadines

Licensed Entity

Brands

Phone

License No

1189LLC2021

Effective Date:

Attached Documents:

Sharing Status:

Exclusive

Country Availability

12 locations

Country

Rating

Authorization

Status

Cyprus

6.0/10

Authorized

active

Seychelles

6.0/10

Authorized

active

South Africa

6.0/10

Authorized

active

United Arab Emirates

6.0/10

Authorized

active

Saint Vincent and the Grenadines

6.0/10

Authorized

active

Germany

6.0/10

Authorized

active

Cyprus

6.0/10

Authorized

active

Seychelles

6.0/10

Authorized

active

South Africa

6.0/10

Authorized

active

United Arab Emirates

6.0/10

Authorized

active

Saint Vincent and the Grenadines

6.0/10

Authorized

active

Germany

6.0/10

Authorized

active

Payment Methods

About Naga Markets

Company Overview & Analysis

Naga Markets, founded in 2015 and headquartered in Hamburg, Germany, operates as a Straight Through Processing (STP) and Direct Market Access (DMA) broker. They offer a diverse range of trading platforms including MT4, MT5, Webtrader, and the proprietary NAGA App. Known for multilingual support and quick customer service, Naga Markets provides access to various financial instruments including ETFs, Cryptocurrencies, Stocks/Equities, Futures, CFDs, Indices, Commodities, and Forex/Currencies. They cater to a wide range of traders with different account types based on deposit levels.

Headquarters

Germany

Registration 0

Business Model STP, DMA

Risk Assessment

Status

Risk Overrun No

High Risk No

Client Feedback

Total Reviews 1

Performance

Influence Score N/A

Contribution N/A

Account Types

Choose the best fit for your trading style

High Leverage

Overall Rating

6.0

Average

Accounts Variant

Account Specification

Min Deposit

Leverage

Min Position

Stop Out

EA Support

Hedging

Scalping

Protection

Islamic

Trading Conditions

Commission

Platforms

Instruments

Employees (11)

Reviews

Please sign in or register to share your experience

Ross Corinne

1 week ago

Do not use this company. They have zero knowledge of trading, after being in a hedge for 9 months in which they continued to buy and sell low yesterday they closed out all the trades losing hundreds of millions of pounds without giving anyone an option to trade it out themselves. but I was lucky to be saved with the help of Krishna, Helped me recover my lost funds. get in touch with olivia trader Telegram - kristina_hooper

Naga Markets

Naga Markets

Contact Info

WeConnectFX Trade Rating Guide

Licenses

Cyprus Securities and Exchange Commission

Financial Services Authority

Financial Sector Conduct Authority

Financial Services Regulatory Authority

Financial Services Authority of Saint Vincent and the Grenadines

Country Availability

Payment Methods

About Naga Markets

Company Overview & Analysis

Account Types

Choose the best fit for your trading style

Account Specification

Trading Conditions

Employees (11)

Bedour Ogeil

Mukhtar Sarwat

Octavian Pătrașcu

Wassim Azhari

Osama Abd Allah

George Pavel

Geofrey Briñez

Alexandru Badea

Jobin David

Ahmed Abou Zeid

Salman Yousuf Mir

Reviews