Naga

Naga, launched in 2015 in Germany, is regulated by CySEC. It offers trading in forex, CFDs, and cryptocurrencies through its proprietary platform. Naga is known for its social trading features and commission-free trading. The broker provides a range of educational resources and trading tools, making it suitable for beginners. However, it lacks advanced trading tools, and the instrument range is limited compared to larger brokers.

Pros Cons
  • Regulated by CySEC
  • Social trading features
  • Commission-free trading
  • Good educational resources
  • Lacks advanced trading tools
  • Limited instrument range
  • No MetaTrader support
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