Naga Markets Europe Ltd
Primary
CY
251168
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4 entities
2 accounts
unverified
unverified
unverified
Broker profile
NA
NAGA Review: Is It Legit and Regulated?
Naga Markets Europe Ltd
CY
Operating period unverified
FindMyFX score
high risk5.3/10
0
Score out of 10
10
Independent assessment
Updated 2026-07-19
Contact & regulation
- Official website
- naga.com
- Address
- Agias Zonis 11, 3027 Limassol, Cyprus
- Contact
- [email protected]
- Primary license
- CySEC · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is NAGA legit and regulated?
FindMyFX has license records for NAGA, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
NAGA is a multi-asset trading brand whose European investment-firm entity is Naga Markets Europe Ltd.
Professional broker overview
FindMyFX editorial summary
CySEC lists Naga Markets Europe Ltd at Agias Zonis 11 in Limassol under licence 204/13, and approved NAGA domains include Naga.com/eu. The European NAGA pages describe variable spreads, more than 4,000 instruments, a USD 10,000 demo balance and an entry IRON level with a USD 250 minimum deposit and spreads from 1.1 pips; retail leverage is generally capped at 1:30 for major forex pairs. CySEC announced a EUR 150,000 settlement in December 2023 concerning possible violations reviewed for the January 2021-April 2022 period, which is recorded as a historical enforcement event rather than a current licence-status conclusion.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: NAGA uses different legal entities and regional sites, so the European conditions and restrictions should not be applied to NAGA Capital Ltd or other non-EU entities.
- Operational status
- active
- Broker type
- hybrid
- Execution model
- CySEC permissions include execution of client orders and dealing on own account.
- Support hours
- Not verified
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
NAGA Capital Ltd
SC
Registration not shown
Suite 3, Jivan's Complex, Global Village, Mont Fleuri, Mahé
NAGA Global (CY) Ltd
CY
Registration not shown
Nikokreontos 2, NICE DREAM, 6th floor, Office 601, 1066 Nicosia
The NAGA Group AG
DE
Registration not shown
Trading access
Account types
Available account structures and their current verification state.
Demo
unverified- Deposit
- Not shown
- Leverage
- Not shown
Commission information not shown.
- Spread
- Not shown
- Base currencies
- Not shown
- Margin call / stop-out
- —% / —%
- Demo / Islamic
- Yes / Unknown
- Balance protection
- Unknown
- Last verified
- Not verified
IRON
unverified- Deposit
- USD 250.00
- Leverage
- 1:30
Commission information not shown.
- Spread
- From 1.10 pips
- Base currencies
- Not shown
- Margin call / stop-out
- —% / —%
- Demo / Islamic
- Yes / Unknown
- Balance protection
- Unknown
- Last verified
- Not verified
Markets and instruments
Bonds
unverified
Commodities
unverified
crypto CFDs
unverified
ETFs
unverified
Forex CFDs
unverified
Indices
unverified
real stocks
unverified
Stock CFDs
unverified
Additional broker contacts
Cyprus office
+357 25 041 410
Research sources
Approved domains
Cyprus Securities and Exchange Commission
unverified
Naga Markets Europe Ltd register entry
Cyprus Securities and Exchange Commission
unverified
NAGA European spreads and conditions
NAGA
unverified
NAGA trading platform and account levels
NAGA
unverified
CySEC settlement decision for NAGA MARKETS EUROPE LTD
Cyprus Securities and Exchange Commission
unverified
Licenses and regulators
CySEC
204/13
Last verified: Not shown
Type: Cyprus Investment Firm
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
FSA Seychelles
SD026
Last verified: Not shown
Type: Not shown
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Risk flags
CySEC settlement announced in 2023
medium · draftCySEC announced a EUR 150,000 settlement with NAGA MARKETS EUROPE LTD for possible violations examined for the period January 2021 to April 2022. The announcement states the amount had been paid.
Jurisdiction-specific offerings
CY · retail
unverifiedEntity not linked · Leverage 1:30
Compensation scheme not shown
Score components
Regulation and licenses
7.5/10 · 35%The Cypriot licence and approved domains are available from CySEC; the Seychelles licence was only captured from the broker footer.
Security and track record
2.5/10 · 20%A current CySEC entry exists, but CySEC also documents a historical EUR 150,000 settlement, so the track-record evidence is mixed.
Trading conditions
7.5/10 · 15%Official European pages publish the minimum account level, minimum spread, demo balance, platforms, product count and retail leverage cap.
Company transparency
7.5/10 · 10%CySEC provides the legal entity, registration number, address, contacts and approved domains.
Service quality
2.5/10 · 10%The official page states 24/5 support, but no verified service-quality dataset was reviewed.
Verified user reviews
0.0/10 · 10%No verified user-review data was collected from an inspectable authoritative source.
Profile update history
Broker profile was published.
2026-07-18
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.