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/10

NAG Markets

Australia|5-10 years| Benchmark A|
Retail Forex License|MT4 Full License|Global Business|High potential risk|Offshore Regulated|

https://www.nag-marketsasia.com/en/index.html

Website

Rating Index

Benchmark

Benchmark

A

Average transaction speed (ms)

593.8

MT4/5

Full License

NAGMarkets-Demo MT4

China
MT4
15

Influence

D

Influence index NO.1

United Arab Emirates 2.43

Benchmark

Speed:B

Slippage:A

Cost:A

Disconnected:AAA

Rollover:AA

MT4/5 Identification

MT4/5 Identification

Full License

15
Server Name
NAGMarkets-Demo MT4 MT4
Server Location China

Influence

Influence

D

Influence index NO.1

United Arab Emirates 2.43

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+61 2 8056 9475
cs@nagmarkets.com
https://www.nag-marketsasia.com/en/index.html
1276, Kumul Highway, Port Villa, Vanuatu, Republic of Vanuatu

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+61 2 8056 9475

Other ways of contact

Broker Information

More

Company Name

NAG Markets(Pacific)Limited

Abbreviation

NAG Markets

Platform registered country and region

Australia

Company website
Twitter
Facebook
YouTube
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 3
Previous Detection : 2024-07-18
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • 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!

WikiFX Verification

NAG Markets · WikiFX Survey
Danger A Visit to NAG MARKETS in Seychelles - No Office Found
Seychelles
NAG Markets · Benchmark
Average transaction speed(ms)
593.8
The highest transaction speed(ms)
392 Poor
The highest speed of opening positions(ms)
392 Poor
The highest speed of closing position(ms)
395
The lowest speed of opening positions(ms)
1934
The lowest speed of closing position(ms)
1885
17.45USD/Lot
25.27USD/Lot Perfect
Long: -5.34USD/Lot    Short: 1.59USD/Lot Good
Long: -23.79USD/Lot    Short: 9.52USD/Lot
Average slippage
0.1
Maximum transaction slippage
28 Poor
Maximum positive slippage
-1 Good
Maximum negative slippage
28 Poor
Average disconnection frequency (times/day)
0.3 Perfect
Average reconnection time (millisecond/per request)
18.3
Ranking: 54 / 133
Test user 173
Orders 39,117
Ocuppied margin $632,031 USD
Data Source WikiFX Data provide
Updated: 2024-07-16 01:00:00

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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.

market-instruments

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

Email: cs@nagmarkets.com

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

Australia

customer-support

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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User comment

5

Comments

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Jan de Vries
more than one year
Been particularly impressed with the regular updates and improvements made to the platform. The advanced charting tools and technical indicators are incredibly detailed. However, honestly, risk management tools are okay. They provide the basic functionality needed to manage risk, but they're not particularly advanced or user-friendly.
2024-05-22 11:46
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0
0
jh97228
more than one year
This side lets me play with one cent. This helps me gain experience without losing a lot of money during my first training. In addition, the website gives me a lot of choices when depositing or withdrawing. I did well with the help of the customer support representative (Ngo Duc).
2024-03-20 18:34
Reply
0
0
FX1147331693
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
Reply
0
0
201955405
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
Reply
0
0
hlwmymnyt
more than one year
#Unexperienced
2022-10-13 03:31
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0
0
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