Skip to content
Broker news. Connected. RSS feed
FXBROKERS

A clearer view of the broker industry.

Broker directoryMulti-asset

NAGA: EU account tiers, social-trading charges, cash programme and group results

A deeper EU reference to NAGA’s Iron-to-Crystal tiers, social and Autocopy controls, stock-CFD and copy charges, withdrawal processing, complaints, NAGA Earn’s money-market-fund consent, CySEC scope and final unaudited H1 2026 group results.

By Editorial deskOperating status: ActiveSources checked Published Updated
Profile scope

EU offering of Naga Markets Europe Ltd. VIP examples are not observed averages; the copy-fee calculation base remains unspecified in the cited comparison. NAGA Earn includes QMMF consent. Group financial figures use the final unaudited H1 release dated 14 October 2026.

  • VIP account values and EUR/USD examples are tier-specific examples rather than universal minimum costs.
  • Pausing Autocopy stops new copied trades but does not automatically liquidate positions already copied.
  • NAGA Earn involves consent to qualifying money-market funds; the APY headline is variable and is not a bank-deposit guarantee.
  • Final unaudited H1 2026 figures supersede the earlier preliminary EBITDA and net-income amounts.

NAGA’s EU service combines a trading platform, social feed and automatic copying. Naga Markets Europe Ltd is the Cypriot investment firm; The NAGA Group AG is the listed parent. Account terms and client assets therefore belong to the EU company, while consolidated results describe the wider group.[1][4][11]

Accounts & headline costs

Sections ↑
Broker essentials01

Company and regional reference

Company and regional reference
MeasureValueContext
Listed parentThe NAGA Group AGGerman listed group; Xetra symbol N4G in its August 2026 release.Source 3
EU operatorNaga Markets Europe LtdCySEC licence 204/13; licence date 20 June 2013.Source 4
Company-registration number251168Separate from the regulatory licence.Source 4
Published EU residence scopeEEA residents, excluding BelgiumThe EU disclosure excludes services in third-country territories.Source 2
Account comparison02

European VIP comparison

European VIP comparison
TierAccount value shown, USDEUR/USD spread example, pips
Iron2501.1Source 5
Bronze2,5001.1Source 5
Silver5,0001.1Source 5
Gold25,0000.9Source 5
Diamond50,0000.9Source 5
Crystal100,0000.7Source 5

The VIP comparison differentiates account levels through pricing and service benefits. Its examples should not be combined with the separate international website’s entry conditions. The EU platform guide gives USD 250 as the Iron starting-deposit reference; this is distinct from a payment method’s own transaction limits.[5][1]

Account comparison03

Tier-linked examples and benefits

Tier-linked examples and benefits
Tier groupPublished price/service exampleBoundary
Iron–SilverEUR/USD example 1.1 pips; stock-CFD commission 0.20%The spread is an example and the commission’s charging side/minimum require the operative tariff.Source 5Source 6
Gold–DiamondEUR/USD example 0.9 pips; stock-CFD commission 0.10%Tier value and eligibility conditions apply.Source 5Source 6
CrystalEUR/USD example 0.7 pips; stock-CFD commission 0.10%The comparison does not establish an observed average execution cost.Source 5Source 6
Copy-fee tierIron 20%; Bronze 17.5%; higher tiers 0% in the cited tableThe calculation base is not specified in the comparison and is not guessed.Source 5

View full spreads & trading costs

Products & platforms

Sections ↑
Platforms & products04

NAGA platform features

NAGA platform features
AreaPublished capabilityAccess
Charts10 timeframes; six chart typesBrowser platform.Source 1
Analysis70+ indicators and drawing objectsWeb/mobile descriptions.Source 1
OrdersMarket, limit, stop-loss and trailing-stop controlsProduct-specific execution conditions.Source 1
Social tradingFollow multiple traders and inspect performance statisticsIntegrated feed and Autocopy.Source 1
Mobile securityBiometric login and account synchronisationiOS/Android.Source 1

The platform guide distinguishes exchange-listed securities from CFDs. The EU withdrawal help now provides method-specific processing and arrival estimates, set out in the funding section below.[1][7]

Platforms & products05

Service architecture

Service architecture
ComponentPublished roleLegal/economic distinction
Web and mobile platformCharts, indicators, orders, social feed and account accessInterface capability does not change the Cypriot contracting company.Source 1
MetaTrader 5Additional trading terminal on supported accountsInstrument and account permissions remain route-specific.Source 1
AutocopyReplicates a selected lead trader’s future eligible activityThe follower retains exposure and existing positions can remain after pause.Source 9
NAGA EarnVariable-yield cash programme with QMMF consentNot ordinary insured bank cash and not a fixed return.Source 2
Stock CFDs / listed securitiesSeparate product structures in the EU serviceA stock CFD does not provide the same ownership rights as a share.Source 1Source 6

Fees & holding costs

Sections ↑
Pricing & charges06

Selected published charge descriptions

Selected published charge descriptions
ItemPublished referenceScope
Stock-CFD commission: Iron–Silver0.20%Rate listed on the EU Copy Premium page.Source 6
Stock-CFD commission: Gold–Crystal0.10%Charging side and minimum require the operative contract tariff.Source 6
Withdrawal chargeUSD 0 at every listed VIP tierPayment-provider and conversion costs are separate.Source 6
VIP table copy feeIron 20%; Bronze 17.5%; higher tiers 0%The comparison does not specify the calculation base.Source 5
Pricing & charges07

Cost components that should not be blended

Cost components that should not be blended
ComponentPublished evidenceWhat remains separate
EUR/USD spreadTier examples of 1.1, 0.9 or 0.7 pipsLive spread, instrument and execution result.Source 5
Stock-CFD commission0.20% Iron–Silver; 0.10% Gold–CrystalCharging side, minimum and the relevant market schedule.Source 6
Copy feeTier percentages in the VIP comparisonCalculation base and service terms.Source 5
Leader Copy PremiumProfit-band mechanism for qualifying copied tradesCompensation to the leader, not a follower return or broker commission rebate.Source 6
Withdrawal / provider costsVIP table shows USD 0 withdrawal chargeBank, wallet, conversion and payment-network costs can remain.Source 5Source 7
FinancingNot supplied as one universal figure in the retained sourcesUse the live instrument and EU contract.Source 1

Execution & trading rules

Sections ↑

Pausing an Autocopy relationship stops further copying but does not automatically close positions already copied. NAGA’s EU guide says existing positions continue to follow the lead trader until closure, unless the follower’s own limits close them first. The control is under Copy Trading → Active → Pause Autocopy; the inactive relationship can later be enabled again. This makes pausing a strategy different from liquidating its current exposure.[9]

Reference table08

Autocopy controls and residual exposure

Autocopy controls and residual exposure
ActionPublished effectWhat the follower must still manage
Start copyingFuture eligible activity can be replicated subject to allocation/risk settingsFollower capital, product eligibility and execution can differ from the leader.Source 1
Pause AutocopyStops further copyingAlready copied positions remain and can continue following the lead trader.Source 9
Follower risk limitCan close positions under the follower’s own settingsA lead trader’s position can remain open while the follower exits.Source 9
Re-enableInactive copy relationship can be enabled againNew activity resumes under current settings; prior results are not guaranteed.Source 9

Deposits, withdrawals & transfers

Sections ↑

NAGA’s EU withdrawal help separates the broker’s review from payment-network arrival. It states that an approved request is reviewed, approved and executed internally within 24 business hours; this does not promise receipt by a card issuer or bank within that period. Identity and payment-method verification must be complete, and third-party payment accounts are not accepted.[7][8]

Account comparison09

EU withdrawal arrival after processing

EU withdrawal arrival after processing
AreaPublished positionPractical detail
Payment cardUsually 3–5 business daysCard-network arrival follows internal processing.Source 7
Bank in EU/EEAUsually 2–3 business daysOutside the EU/EEA, the guide allows up to six business days.Source 7
Electronic walletWithin 24 hours in the published guideThe approved wallet and its provider’s checks still apply.Source 7
Recent SOFORT depositWithdrawal may wait up to nine business days after depositA deposit-clearing restriction, not a nine-day fee or ordinary bank-transfer promise.Source 7
Transfer terms10

Withdrawal eligibility and holding controls

Withdrawal eligibility and holding controls
ControlPublished positionPractical consequence
Identity and method verificationMust be complete before withdrawalAn approved trading account can still require payment verification.Source 8
Third-party payment accountNot acceptedUse a payment route in the client’s name.Source 8
Internal processingWithin 24 business hours after the request is reviewed/approvedNot the card or bank arrival clock.Source 7
Recent SOFORT fundingPossible hold up to nine business days after depositA clearing restriction rather than an ordinary withdrawal fee.Source 7Source 8
Method arrivalCards, banks and wallets have different published periodsExternal provider checks can extend receipt.Source 7

Protection & regulation

Sections ↑
Protections & eligibility11

EU legal and protection boundaries

EU legal and protection boundaries
AreaSupported positionLimit
EU companyNaga Markets Europe Ltd, CySEC 204/13International NAGA group companies are separate.Source 4
Investor Compensation FundNAGA Earn page refers to conditional ICF protection up to EUR 20,000Eligibility and scheme rules apply; not protection from investment loss.Source 2Source 4
QMMF allocationEarn activation includes consent to qualifying money-market fundsA fund allocation is not the same as an insured bank deposit.Source 2
Copy tradingFollower remains exposed to copied positions and executionSocial features do not shift investment responsibility to the leader.Source 1Source 9
Group resultsConsolidated parent-company measuresDo not describe client-money protection at the Cypriot firm.Source 11

Opening an account & support

Sections ↑

Naga Markets Europe Ltd’s complaints policy requires the completed complaint form and accepts it at [email protected]. It provides an acknowledgement and reference within five days. If investigation is unfinished after two months, NAGA must explain the delay; the stated maximum is three months from submission. The policy identifies the Cyprus Financial Ombudsman and CySEC as external routes, subject to their respective roles and eligibility.[10]

NAGA EU complaint and support routes

Formal EU complaintEmail
[email protected]Source 10

Scope Complaint form and supporting evidence for Naga Markets Europe Ltd.

EU withdrawal processing guideWebsite
EU platform guideWebsite
https://naga.com/eu/academy/naga-trading-platformSource 1

Scope Platform, markets, social and order features.

No complaint, withdrawal or support-response test was performed.

Additional services

Sections ↑

The leader programme pays a Copy Premium for qualifying profitable copied trades. Its worked example applies 50% of the relevant maximum when closed profit is up to USD 5, 75% from USD 5.01 to USD 10 and 100% above USD 10. Those amounts describe leader compensation, not a promised return to the follower. The precise copying terms remain separate from spreads and financing.[6]

Account comparison12

NAGA Earn conditions

NAGA Earn conditions
TermPublished conditionImportant boundary
Annual yieldUp to 2.4% APY, variableNot a fixed return.Source 2
Eligible setupVerified EUR account; Iron VIP levelEnable the service separately.Source 2
Payment timingDailyUses eligible instantly available cash.Source 2
Underlying consentCash may be held in qualifying money-market fundsActivation includes QMMF consent.Source 2
AccessNo stated lock-up; enable/disableOperational terms still apply.Source 2

The consent to qualifying money-market funds is material: the programme should not be described simply as an insured bank savings account. Its page refers to Investor Compensation Fund protection up to EUR 20,000, subject to eligibility and the scheme’s terms, not protection against every investment loss.[2]

Pricing & charges13

Copy Premium mechanism

Copy Premium mechanism
Closed copied-trade profitPublished percentage of the relevant maximumInterpretation
Up to USD 550%Leader-compensation band; not follower profit.Source 6
USD 5.01–USD 1075%Applies under the stated qualifying-copy conditions.Source 6
Above USD 10100%Still subject to the programme maximum and rules.Source 6

Company background & evidence

Sections ↑
Results & changes14

Final unaudited first-half results

Final unaudited first-half results
MeasureH1 2026H1 2025 / comparison
RevenueEUR 27.7mEUR 32.3mSource 11
EBITDAEUR 4.5mPreliminary H1 2026 had been EUR 4.4mSource 11
Net income / lossEUR 1.1m profitEUR 2.6m loss in H1 2025Source 11
Operating cash flowEUR 4.6mEUR 0.2mSource 11
Personnel, technology and other operating costsEUR 11.0mEUR 13.7mSource 11
Marketing costsEUR 11.2mEUR 15.0mSource 11

The final unaudited release supersedes the earlier preliminary EBITDA and net-income figures. Management retained FY2026 guidance of EUR 68m–EUR 75m revenue and EUR 10m–EUR 15m EBITDA. These consolidated measures describe the listed group, not the solvency, client money or performance of one trading account.[11]

Headquarters
Listed group: Hamburg, Germany; EU operator: Limassol, Cyprus
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

Naga Markets Europe Ltd

CyprusSource 4

Licences and regulatory records for Naga Markets Europe Ltd
Issuer & identifierRecorded statusDate & scope
Cyprus Securities and Exchange Commission204/13AuthorisedChecked 9 Oct 2026Listed in CySEC’s current CIF directory, with authorisation dated 20 June 2013. The selected EU company is separate from international group entities.Source 4

Additional Information

Sections ↑
Reference table15

Before relying on a NAGA headline

Before relying on a NAGA headline
CheckReason
VIP tierSpread, stock-CFD and copy-fee examples change by level.Source 5Source 6
Copy controlPause stops new copying but leaves existing positions.Source 9
Withdrawal clockInternal processing and bank/card/wallet receipt are separate.Source 7
Earn structureVariable APY and QMMF consent differ from ordinary bank cash.Source 2
Legal companyUse Naga Markets Europe Ltd for the EU contract and complaint route.Source 4Source 10
Financial resultsFinal unaudited group figures are not client-account protection metrics.Source 11
Follow the evidence

Sources & further reading

  1. NAGA trading platform: web/mobile tools and markets Naga Markets Europe Ltd · Accessed 9 Oct 2026
  2. NAGA Earn: variable yield, eligibility and QMMF consent Naga Markets Europe Ltd · Accessed 9 Oct 2026
  3. NAGA Group preliminary H1 2026 results The NAGA Group AG · 5 Aug 2026 · Accessed 9 Oct 2026
  4. Cypriot investment-firm directory: Naga Markets Europe Ltd Cyprus Securities and Exchange Commission · Accessed 9 Oct 2026
  5. NAGA European VIP levels and published EUR/USD examples Naga Markets Europe Ltd · Accessed 9 Oct 2026
  6. NAGA Copy Premium calculation and stock-CFD commission bands Naga Markets Europe Ltd · Accessed 9 Oct 2026
  7. Final unaudited H1 2026 figures and unchanged full-year guidance The NAGA Group AG · 14 Oct 2026 · Accessed 15 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

Report an error or submit an update