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Regulated Best for copy trading

Trading as
a social
network.

A social feed built onto a broker. The copy trading is the product.

$50; other sources report $250
Min. deposit
1:30
Max. leverage
950+
Instruments
2015
Founded
Not yet ranked
Cost data not yet verified

We don't link to NAGA from your region, because it doesn't serve retail clients here through a locally regulated company. You can still read our full review. NAGA serves EU clients through its CySEC entity. It is not regulated by the FCA or ASIC.

We don't link to brokers from the US or Canada, because retail CFD trading isn't offered to residents there. You can still read our full review.

We don't link to brokers from your country. You can still read our full review.

Account links appear once we can confirm your region. You can still read our full review. NAGA serves EU clients through its CySEC entity. It is not regulated by the FCA or ASIC.

You open directly with the broker — we never take your documents or your money.

The verdict

The most developed copy-trading layer in the index, wrapped around a CySEC-regulated broker.

NAGA’s autocopy is the most developed social layer we list: follow, mirror and unwind another trader’s positions from one screen. Pricing is commission-free and we couldn’t confirm a typical spread, so it isn’t cost-ranked. Sources disagree on the minimum, from $50 to €250, so check before you fund.

How it scores

How the score adds up

Regulation & protection (25%) 28.83
Platforms & range (20%) 27.16
Trading conditions (15%) 70

We couldn't confirm hedging independently, so it gets a neutral score rather than a zero.

Client outcomes (10%) 48.87

70.45% of retail accounts lose money — NAGA Markets Europe LTD, EU.

This broker isn't in the overall ranking yet: its cost data hasn't cleared our verification bar. Every category above is complete and real. Only the ranking is waiting.

What we'd open it for
Copy trading done properly

Follow, mirror and close another book without leaving the feed.

One account, many asset classes

Shares, crypto and FX under a single CySEC licence.

What would send us elsewhere
Cost not verified

Spreads vary by account, and we couldn't confirm a typical figure.

Minimum unclear

Reported anywhere from $50 to €250. Check with the entity you'd join.

What it costs

What each account costs you

Commission
$0/lot
Swap (long/short)
−1.3 / −0.2
Spread from
0.6 pips
Commission
$0/lot
Swap (long/short)
−1.3 / −0.2
Platforms & markets

Where and how you trade

NAGA Trader (web and app) · MT5

MetaTrader 5 NAGA Trader
Forex Indices Commodities Crypto Stocks Social
50+
FX pairs
25
Indices
800+
Share CFDs
10
Commodities
30+
Crypto CFDs
—
ETFs
—
Currency indices
Who it suits

Open NAGA if…

  • You want to copy other traders, not build a system.
  • You value a social feed alongside the order ticket.
  • You are in the EU and want CySEC cover.
  • You are not trading often enough for spread to dominate.
Licences & protection

Which entity holds your money

Same brand, different legal entity depending on where you sign up — each carries its own regulator and protections.

Where you can open an account: European Union, Everywhere else

EU
NAGA Markets Europe Ltd
Registration
Licence 204/13
Regulator
CySEC 204/13
GL
NAGA Capital Ltd · Key Way Markets Ltd
Registration
SD026 (Seychelles) · 190005 (ADGM)
Regulator
FSA Seychelles · ADGM
Licence summary
CySEC (204/13) · FSA Seychelles · FSCA · ADGM
Compensation scheme
EU: ICF up to €20k · GL: none
Full specs

Every number, checked

Max. leverage
Retail up to 1:30 (CySEC); up to 1:1000 (FSA Seychelles)
EUR/USD spread & commission
Spread varies by account type; no single confirmed typical figure.
Platforms
NAGA Trader (web and app) · MT5
Mobile
iOS; Android
Account currencies
EUR, USD
Scalping
Available

Specs verified 21 Sep 2026

Good to know

The day-to-day

Support
24/5 chat
Demo account
Unlimited
Withdrawal payout
1–3 business days
Open an account

Ready for NAGA?

Application, ID check, first deposit. Most people finish in one sitting.

Continue to NAGA →
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