A step by step tutorial on NAGA's offerings including their accounts, spread fees, trading applications and more.

This Video Overview Includes:

📢 Trading products
📢 Account types
📢 Trading Platforms
📢Opening an account
📢 Educational resources
📢 And more...

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0:26 Overview
4:39 Trading platforms
7:17 Account types
8:47 Opening an account
10:26 Educational Resources
11:37 Conclusion

Read our Video Script:

NAGA is a popular social trading platform that can be used to trade more than 1,000 instruments, including stocks from leading companies like Spotify, Netflix, Tesla and Amazon. This company is regulated by the Cyprus Securities and Exchange Commission and they have more than 1 million users from around the world. The NAGA platform is beginner-friendly and we recommend trading with them if you are interested in copy trading or if you’re looking for a low-cost broker that offers tight spreads and a good selection of educational resources.

NAGA's accounts can be connected to the MetaTrader trading platforms, which are available as a desktop platform, a mobile app or as a webtrader interface. MetaTrader 4 and 5 are currently ranking amongst the most popular trading platforms in the world. MT4 was released in 2005 and MT5 was released 5 years later. These platforms are renowned for their advanced analysis tools, thousands of technical indicators, customizable charts, EA and algorithmic trading support and they can be downloaded at no cost. Once you’ve created an account, you can easily join the social trading program and follow the strategies of your favorite traders. This is a great option for beginners and traders with a busy lifestyle because you can reap the benefits of a real account without the risks of losing opportunities or making uninformed decisions. If you are interested in using the Auto Copy feature, you will need to trade on the NAGA platform as this feature is not available on MetaTrader 4 and 5.

NAGA offers 2 types of live trading accounts and they also give their clients the option to use demo accounts and swap-free accounts. Both trading accounts can be used on the MetaTrader 4 and 5 platforms and all the NAGA apps, and there are plenty of perks on offer with the NAGA VIP reward system. The first type of account you can open is the commission-free Standard account and this is a no-deposit account that offers spreads starting from 1 pip. It is a beginner-friendly account that is suitable for all levels of experience and styles of trading. If you’re a more experienced trader, we recommend opening a professional account, which offers tighter spreads, low commission fees and a higher leverage limit of 1:1000. If it’s your very first time trading and you’re not ready to make any financial commitments just yet, then you can also open a demo account, which will allow you to trade in a risk-free environment using virtual currency.

Once you’ve chosen an account, we recommend checking out some of the educational resources provided - especially if you are new to trading. The VIP reward system offers exclusive eBooks, but free trading guides and videos are also available. You can visit the NAGA academy to learn all about the basics of forex trading and trading strategies and plenty of insightful articles are provided to help you along the way. There are also interactive tutorials that will teach you how to open and close trades, how to set up price alerts, how to make deposits and withdrawals and everything else you need to know about trading and using the NAGA tools and platforms.

Overall, NAGA is one of our top-rated low-cost, beginner-friendly brokers and we highly recommend trading with them if you’re interested in copy trading and social trading. They offer competitive spreads with plenty of high quality educational resources to help you learn the basics of trading if you’re new to the scene, and if you’ve been trading for a while then you could earn some extra cash with the NAGA copy trading program. If you are interested be sure to open your NAGA account today to get a head-start to your trading career with one of the best social trading platforms on the market!

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