My Review of Naga Markets

Trading cryptocurrency CFDs with Naga Markets has been a great experience so far, despite my initial skepticism. I had been interested in trading bitcoin , but finally chose the CFD route so I could speculate on price movements without owning coins.

A friend referred Naga Markets, saying that it’s a regulated broker, is ESMA compliant and offers negative balance protection.  So, I started trading with them. They have a wide range of crypto pairs to choose from and they don’t charge any commission. I have traded bitcoin, ether, litecoin and ripple CFDs and found the rates to be quite competitive and the trades get executed super fast. Initially I contacted the Naga Markets support team many times a day! They were very patient and extremely helpful. Since the cypto market can be extremely volatile at times, I was advised to begin with a demo account. They offered me a virtual balance, which is great. It gave me enough hands-on experience with their MT4 platform, customized tools and various instruments.

Perhaps the most appealing part was their innovative social trading app called Naga Traders, which I switched to eventually. It’s user-friendly and I was able to connect with many fellow crypto traders online. It runs smoothly on my iOS phone as well as my MAC OS. It’s easy to get used to its mechanisms. The Naga Wallet allows storage of 1200+ tokens. Being new to crypto trading, I’m thankful for the guidance I get from the strategies of experienced traders online. The app allows copy trading. And, there are good educational resources for traders. When in doubt , I’m able to reach the customer care service, which is available 24/7 and they’re very prompt in replying to queries.

Naga Markets can be visited here :  https://nagamarkets.eu/en/

 

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