- Home
- Blog
- Copy Trading
- What is the Risk Score on NAGA?
What is the Risk Score on NAGA?
If there’s one thing that no investor can avoid, it would be the risk that comes with investing. However, you can manage risk by studying where you invest. This will help you make an educated and calculated decision, based on the other trader’s portfolio.
Introducing the Risk Score
On NAGA, the Risk Score is a measure that helps you examine each trader’s risk appetite.
That way, you can better decide if you want to Autocopy a certain trader or to look further. Please bare in mind that other factors shall be taken into consideration
How to read the Risk Scores?
The Risk Score is measured in values from 1 to 10. The higher the score, the higher the risk, and vice versa.
For example, a trader with a Risk Score of 10 is likely to take on trades that can potentially result in significant profit or losses relative to their account balance. Whereas, a trader with a Risk Score of 3 is likely to be more conservative and diversified.
How is the Risk Score measured?
The Risk Score on NAGA is updated periodically and is calculated based on the trader’s historical activity. Max Drawdown, Utilized Margin, Sharpe Ratio, and Stop Out history are taken into account for NAGA traders’ Risk Score calculation.
Where can you see the Risk Score?
Risk Score is displayed on users’ profiles and on Autocopy modals.
PLEASE NOTE: As an additional security measure, new traders with trading accounts of NAGA Markets, and with little to no track record will be limited from Autocopying high-risk traders until they get more experience.
Copyright © 2023 – 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.
- NAGA Global (SV) LLC, with a registered address at Euro House, Richmond Hill Road, Kingstown, St. Vincent and the Grenadines, P.O. Box 2897.
- 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 Capital Ltd, authorised and regulated by the Financial Services Authority Seychelles (License No. SD 026), with a registered address at CT House, Office 9A, 2nd Floor, Providence, Mahe, Seychelles.
- NAGA Technology GmbH with registered address at Neustadter Neuer, Weg 22, 20459 Hamburg.
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.
Restricted countries: NAGA Group AG does not provide services for the residents of certain countries, such as Afghanistan, Albania, American Samoa, Anguilla, Australia, Barbados, Belgium, Bermuda, British Antarctic Territory, British Indian Ocean Territory, British Virgin Islands, Burkina Faso, Cambodia, Canada (including Quebec), Cayman Islands, Central African Republic, Congo, Democratic People's Republic of Korea, Democratic Republic of the Congo, Falkland Islands, Gibraltar, Guam, Haiti, Iran, Iraq, Isle of Man, Israel, Japan, Jamaica, Jordan, Libyan Arab Jamahiriya, Mali, Monaco, Montserrat, Morocco, Mozambique, Myanmar, Nicaragua, Philippines, Pitcairn Island, Puerto Rico, Russian Federation, San Marino, Senegal, Serbia, Somalia, South Georgia and the South Islands, South Sudan, Sri Lanka, St. Helena, St. Helena dependencies (Ascension Island, Tristan da Cunha), Syrian Arab Republic, Tanzania, Trinidad and Tobago, Tunisia, Turkey, Turks and Caicos Islands, Uganda, Ukraine, United Kingdom, US Minor Islands, US Virgin Islands, USA, Vanuatu, Yemen, Zimbabwe.
