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Score

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/10

NAG Markets

Australia|5-10 years| Benchmark AA|
Retail Forex License|High potential risk|Offshore Regulated|

https://www.nag-marketsasia.com/en/index.html

Website

Rating Index

Benchmark

Benchmark

AA

Average transaction speed (ms)

485

MT4/5

Full License

NAGMarketsLtd-Demo

Singapore
MT5
5

Influence

D

Influence index NO.1

United Arab Emirates 2.43

Benchmark

Speed:A

Slippage:C

Cost:A

Disconnected:A

Rollover:AAA

MT4/5 Identification

MT4/5 Identification

Full License

5
Server Name
NAGMarketsLtd-Demo MT5
Server Location Singapore

Influence

Influence

D

Influence index NO.1

United Arab Emirates 2.43

Surpassed 42.30% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+61 2 8056 9475
cs@nagmarkets.com
https://www.nag-marketsasia.com/en/index.html
1276, Kumul Highway, Port Villa, Vanuatu, Republic of Vanuatu

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+61 2 8056 9475

Other ways of contact

Broker Information

More

Company Name

NAG Markets(Pacific)Limited

Abbreviation

NAG Markets

Platform registered country and region

Australia

Company website
X
Facebook
YouTube
Linkedin

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 3
Previous Detection : 2024-11-15
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The Vanuatu VFSC regulation with license number: 41699 is an offshore regulation. Please be aware of the risk!
  • The Seychelles FSA regulation with license number: SD146 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

NAG Markets · WikiFX Survey
Danger A Visit to NAG MARKETS in Seychelles - No Office Found
Seychelles
NAG Markets · Benchmark
Average transaction speed(ms)
485
The highest transaction speed(ms)
0 Perfect
The highest speed of opening positions(ms)
454 Poor
The highest speed of closing position(ms)
0
The lowest speed of opening positions(ms)
516 Perfect
The lowest speed of closing position(ms)
0 Perfect
0USD/Lot
24USD/Lot Perfect
Long: -1.59USD/Lot    Short: 0.12USD/Lot Perfect
Long: -1.65USD/Lot    Short: -0.62USD/Lot Perfect
Average slippage
2 Good
Maximum transaction slippage
0 Perfect
Maximum positive slippage
0
Maximum negative slippage
0 Perfect
Average disconnection frequency (times/day)
0.4 Perfect
Average reconnection time (millisecond/per request)
14.5
Ranking: 31 / 128
Test user 174
Orders 4,076
Ocuppied margin $625,752 USD
Data Source WikiFX Data provide
Updated: 2024-11-14 01:00:00

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NAG Markets · Company Summary

Registered Country/Region Australia
Regulation VFSC
Minimum Deposit $500
Maximum Leverage 1:400
Minimum Spreads From 1.2 pips
Trading Platform MT4 & MT5 trading platform
Demo Account Yes
Trading Assets Foreign exchange, indices, energy, and precious metals
Payment Methods Wire Transfer
Customer Support Phone, Email support

General Information & Regulation

NAG Markets is a CFDs broker, providing investors with diversified trading products including Forex, Precious Metals, Energies, and Global Indices. NAG Markets is currently under the offshore supervision of the Vanuatu Financial Services Commission (VFSC).

Market Instruments

NAG Markets provides a wide selection of tradable instruments, including foreign exchange, indices, energy, and precious metals. Forex trading includes 27 major currency pairs worldwide, and Precious Metals include gold and silver. Energies include Brent crude oil and WTI crude oil CFDs, and index products include major indices in the global market.

market-instruments

Leverage & Account

Forex trading has flexible leverage, up to 1:400. Precious metal products use a fixed margin to facilitate the calculation of transaction costs for customers. The margin per lot is 1,000 US dollars. The margin for each lot of energy products is US$3,000. Investors can open a real trading account on the platform. Besides, the company also provides a demo account for investors to use for free. If investors need to upgrade from a demo account to a real trading account, they only need to log in to the demo account and complete the application for the real trading account according to the index, deposit funds to the real trading account to activate the account and start trading.

Spreads & Commissions

Spreads for forex products start at 1.2 points, and spreads for precious metals are 0.25 for gold and 0.019 for silver. The guideline spread for energy products is 0.06, and the minimum spread for indices is 0.6.

Trading Platform Applied

The company uses the world-renowned and widely used online trading platforms MT4 and MT5. MT4 is fully functional, easy to use. Apart from including various trading execution functions, it also has many icons, technical indicators, curve references, support for custom indicators, and script functions. The innovative technology of MT5 allows customers to trade foreign exchange, precious metals, energy, and index CFDs around the clock.

Deposit & Withdrawal

NAG Markets' supported deposit and withdrawal method is wire transfer, and the accepted currency is US dollars. There are no fees for deposits and withdrawals, but the beneficiary banks or intermediary banks may charge some deposits and withdrawals fees. The processing time is within 1-5 hours. The company does not support any third-party payment, so investors must use the bank account under the personal name to deposit to the trading account

Customer Support

Clients with any inquries or trading-related issues can get in touch with NAG Markets through the following contact channels:

Telephone: (+61) 2 8056 9475

Email: cs@nagmarkets.com

Or you can also follow this broke on some social media platforms, such as Youtube, Facebook, Twitter, Linkedin.

Registered company address: Suite 128, 377 Kent Street Sydney, NSW 2000

Australia

customer-support

Pros & Cons

Pros Cons
Wide product range Offshore regulation
Demo accounts available Limited payment methods
Both MT4 and MT5 trading platform High minimum deposit requirement
Wide portfolio range
Great trading tools
High leverage

Frequently Asked Questions

Does NAG Markets offer leverage?

The maximum trading leverage that NAG Markets ofefr is up to 1:400.

What live accounts can I choose from with the NAG Markets platform?

Traders can only open a Standard account with the NAG Markets platform.

What trading platform does NAG Markets provide ?

NAG Markets provides both MT4 and MT5 trading platforms.

Review 6

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