➡️ 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!
Copyright © 2022 – All rights reserved.
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.
Any trademarks appearing on this website are the property of their respective owners.
The NAGA Group AG is the holding company of various companies, such as NAGA GLOBAL LLC, NAGA MARKETS EUROPE LTD, NAGA Technology GmbH, NAGA Pay GmbH and has a close link with NAGAX Europe OÜ.
RISK WARNING: Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading derivatives with this provider. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money.
Trading with NAGA Trader by following and/or copying or replicating the trades of other traders involves high levels of risks, even when following and/or copying or replicating the top-performing traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Before making an investment decision, you should rely on your own assessment of the person making the trading decisions and the terms of all the legal documentation.
NAGA Group does not offer its services to residents of certain jurisdictions such as the USA, UK, Belgium, Iran, Canada (including Quebec) and North Korea etc.
