Naga Experiences & Test 2023: Read Naga Trader review now
As part of your research into which broker is recommended or not, you will certainly come across the name Naga. But what offer does Naga provide? In order to answer this question, the following Naga test was started, which should bring a few answers to relevant questions. For example, whether Naga is reputable, how high the Naga fees and Naga costs are, and what options are offered to get in touch with the employees if questions arise or sometimes problems with the NAGA login or the investment want to be solved.
The criteria for the Naga evaluation: This is what is taken into account in the course of the Naga test
At the end of the Naga test, it’s all about the Naga rating – that is, how did the broker perform in the course of the Naga test? In order to be able to give an objective and fair Naga evaluation, it is important to then deal with points that can be assessed objectively. This includes, for example, the trade offer, the Naga fees and the resulting Naga costs, the answer to the question of whether Naga is reputable, and how this could be determined and it is also about contacting the employees. Such points have the highest weight for the Naga rating, although of course also areas such as the website, the deposit methods, and the question of whether there is a Naga demo account are important.
Ultimately, the Naga test also deals with the Naga testimonials that can be found on the Internet. Because the Naga experiences made are quite revealing when it comes to the user-friendliness of the platform.
The first Naga experiences on the homepage
The first Naga experiences are collected directly on the broker’s website. The homepage is clear and self-explanatory – there are no Naga testimonials on the Internet that would be dissatisfied with the website. That is, the first impression is good.
This is also the case if you plan to open an account afterward. The entire registration process is more or less self-explanatory. It doesn’t matter whether you call yourself a beginner or an experienced trader – the Naga experience gained in the course of registration is by no means challenging. The registration is also completed after a few minutes.
It should be noted that the website has only a minor impact on the Naga rating. This is because it is often a matter of taste whether you like the website or not. Since the website does not offer any great innovations or no negative Naga experiences have been made, the evaluation in this area remains neutral
The offer for the mobile trader: The app is available at no additional Naga cost
In the course of the Naga test, it was also learned that there is a special offer for mobile traders. This is because there is a separate Naga app, which can then be used to trade on the go.
The Naga experience with the app has been quite positive. Above all, the broker scores with the fact that there is an app for iOS and Android. This means that you can use Naga’s mobile application with your iPhone (iOS) or Samsung (Android).
Naga’s app scores with many features. For example, you can use “News and App Feed” to deal with trading activities and thus always deal with ongoing developments. There is always new information about stocks and trends in this area and tips and tricks are presented to help you decide how to invest in the future.
If you click on “Swipe copy”, you can take a look at what the trades of the other traders look like and get an overview of whether they are successful traders or not with regard to their performance, trader information, and also positions.
With the so-called Naga Protector function, there is a tool that is also helpful. In this way, it can be used to change the Take Profit or Stop Loss settings or it is possible to continue to promote the understanding of values as well as the risk and return ratio.
The Naga test has shown that the app is convincing and highly recommended. The app also has a positive impact on the final Naga rating. With the mobile application, Naga makes it very clear that it wants to be available to its customers at all times – whether at home or on the road.
This is what the Naga fees look like: Do you have to be afraid of high Naga costs?
Whether or not there is a positive Naga rating in the end also depends on the question of how high the Naga fees or Naga costs are. Because high Naga fees ensure that the profits become less and less – and if the Naga costs eat up the profits, then this may be negative for the Naga rating. However, if you look at the Naga testimonials on the costs and fees, you will quickly find that you don’t have to be afraid of high or opaque Naga costs.
The homepage mentions that despite the size of the trading account, the lowest spreads can be offered to the traders. This means that investors can look forward to low Naga fees and costs. For example, the average spread on EUR/USD is 1.2 pips; if you compare these Naga costs with the costs of other brokers, then this is a good offer.
In addition to the spread, there are also commission fees or rollover or overnight fees if positions are held over the night hours. On the homepage, you will find a detailed overview of which Naga fees may apply.
Ultimately, it can be said that the Naga fees are fair. In addition, you don’t have to be afraid of hidden naga costs. Naga scores with transparency and convinces with low fees and insight into NAGA taxes – a clear plus point for the final Naga rating.
Naga testimonials about the platform: How to trade through Naga
Once you have registered, Naga provides various platforms. You can trade with MetaTrader 4 via Naga, but you can also opt for the latest version of MetaTrader, i.e. MetaTrader 5. In addition, Naga’s proprietary web platform is also available. In addition, separate platforms are available for the bank account and also the crypto exchange. This means that no matter which service you use, you will be offered an adapted platform.
The following platforms are thus available via Naga:
- MetaTrader 4
- MetaTrader 5
- Web Platform
- Banking Platform
- Crypto Exchange Platform
MetaTrader 4 and MetaTrader 5
The two trading platforms from MetaTrader speak for themselves. The MetaTrader platforms are extremely popular because they are easy to use. So if you are gaining your first Naga experience, you will be well advised to first deal with MetaTrader. Probably also because there are various functions here, which can then be tried out.
The web platform offered by Naga is also convincing. Here, various features such as NAGA Autocopy can be accessed, which then actually makes trading easier. So if you don’t necessarily want to gain experience via MetaTrader Naga, you can then take a look at the web platform.
How to transfer money: Naga accepts bank transfer
First of all, the good news: No Naga fees are charged for deposits – that is, in the course of account capitalization, you do not have to worry about Naga costs.
Due to the fact that there is only the possibility of bank transfer, the question of which variant to choose to capitalize the account is taken away from you. The money is available in the account after two to three working days.
There are only a few Naga testimonials that deal with the lack of deposit methods. Ultimately, there may not be variety, but bank transfer is the most common form of being able to carry out transactions. This has no influence on the Naga rating.
Regarding the payout, it should be mentioned that there is a Naga fee here: The amount of the payout fee is 10 euros – but the amount of the payout does not matter.
A look at the inactivity fees should also not be left out. If you want to protect yourself from this, you should delete your NAGA account if you do not want to make any more trades.
Through Naga, CFDs are used. The Naga experience is quite positive – but it should be noted that CFD trading can of course have its dangers. After all, those who act without risk-reducing instruments are taking a risk that should not be underestimated.
The Naga CFDs Trading Offer
The range of trade is diverse. Various assets are offered, so that stocks, ETFs or even commodities can be worked with here. It’s all about pure price speculation – with the help of platforms that contain various instruments, the risk can be reduced or the chances can be increased.
The Naga fees are clear and transparent. The broker proves that they are customer-oriented and try to keep the Naga costs as low as possible so that the profits of the traders are not eaten up.
Looking at the trading conditions, it quickly becomes clear that Naga is also convincing here. This is also what the various Naga testimonials are about.
In the end, Naga convinces with the range of CFDs and the conditions. Furthermore, you don’t have to worry about high naga costs. All in all, it can be said that the offer presented here is very good.