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NAG Markets

Australia|2-5 years|
Regulated in Seychelles|Retail Forex License|MT4/5 full license|Regional Brokers|Medium potential risk|Offshore Regulatory|


Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

Server Name
NAGMarkets-Demo MT4 MT4
Server Location China


+61 2 8056 9475
1276, Kumul Highway, Port Villa, Vanuatu, Republic of Vanuatu


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Contact number


+61 2 8056 9475

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WikiFX Risk Alerts 2
Previous Detection : 2023-10-03
  • 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!

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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.


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


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



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.

User Reviews

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more than one year
I received this advertisement from nag markets before, and now I came to wikifx to take a look, and found that its transaction speed is relatively average, and some people say it is a scam. His regulatory license is from Vanuatu, which is an offshore license that is not so safe. It is not recommended to trade with him.
2022-12-14 10:19
more than one year
So far I believe that the service provided by this company is satisfactory to me, and its transaction costs are within a reasonable range. The amount of spreads and commissions are not very high, which I really like. The fly in the ointment is that it is only regulated by the Vanuatu Financial Services Commission, which may not be so safe.
2022-11-23 10:21
more than one year
2022-10-13 03:31
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