Is NAGA a safe place for my money?

➡️ Yes. Your money is safe with NAGA. There are a number of measures in place to protect our investors’ funds.

For NAGA (being an investment broker) Client Fund Security is a number one priority, therefore all clients’ funds are deposited into Credit Institutions. NAGA also maintains segregated client bank accounts that are separated from its own funds. The company, on a regular basis, conducts reconciliations between its internal accounts and records and records of any third parties that hold clients’ assets.

If you are a NAGA Markets client - you can check our legal documentation and information about regulation here

If you are a NAGA Global client - you can check the legal documentation here

❗️Important note:

NAGA is a trademark of The NAGA Group AG, a German based FinTech company publicly listed on the Frankfurt Stock Exchange | WKN: A161NR | ISIN: DE000A161NR7.

📄 NAGA trademark is operated by NAGA Group subsidiaries, including:

NAGA Global (SV) Ltd, with registered address at Trust House, 112 Bonadie Street, Kingstown, St. Vincent and the Grenadines.

NAGA Global (CY) Ltd, with registered address at Eurosure Tower, 3rdFloor, 2112 Nicosia, Cyprus.

NAGA Markets Europe Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 204/13), with registered address at Ariadnis 7, Moutagiaka, 4531 Limassol, Cyprus.

NAGA Technology GmbH with registered address at Neustadter Neuer, Weg 22, 20459 Hamburg.

Other security measures NAGA provides its users with:

• Multi-Factor Authentication (MFA)

Another step we take to ensure your funds and account’s safety is Multi-Factor Authentication (MFA). This function is strongly recommended and every user should enable it. It is an additional layer of protection to your login and password, which you can turn on and off.

Learn how to enable MFA here

• Mandatory account verification

We understand that going through a verification process might be daunting and seem excessive, but NAGA adheres to the strict regulation in regards to Anti-Money-Laundering (AML) and Know-Your-Customer Policies (KYC). NAGA, as an investment broker, is required to verify the users that trade on our platform with identity verification and proof of residence verification procedures. We take all necessary steps to make sure no one else has access to YOUR account and ultimately - funds.

Learn more here

• Withdrawal policies

Similarly to the account verification process, we place strict policies and limits when it comes to withdrawals of funds. At NAGA we do our best to prevent fraudulent transactions, 3rd party deposits or facilitating the unlawful transfer or exchange of funds. And when it comes to KYC we want to ensure that our customers provide us with sufficient information about their residency and personal verification data (such as passport data).

Learn more here

All those measures are here to let you keep calm and enjoy your trading experience with NAGA. Happy trading!