NAGA: licences and legal entities
NAGA has not been reviewed by our team yet. This page lists the legal entities and licences the broker states on its own website, and shows what our formula makes of them.
Dossier Score for Global
Overall rating in progress: 30% of criteria assessed
How this Dossier Score adds up
The score is calculated by a published formula from the five components below. It changes with your country, because the first component follows the company that would hold your account.
Methodology v1.1. How the Dossier Score is calculated. Commissions are not an input.
Regulation and legal entities
A broker brand is usually several companies. The one you open an account with decides your leverage limit, whether you have negative balance protection, and which compensation scheme, if any, covers you.
| Legal entity | Regulator | Licence no. | Max. leverage | Our check |
|---|---|---|---|---|
| NAGA Capital Ltd Serves you Seychelles | FSA Seychelles Tier 3 (offshore) | SD026 | Varies | Stated by the broker Broker's page, read 11 Nov 2026 Open register |
Key facts
- Founded
- —
- Headquarters
- —
- Publicly listed
- No
- Group regulators
- FSA Seychelles
- Minimum deposit
- —
- Platforms
- Execution
- —
- Copy trading
- No
- Islamic account
- No
- Demo account
- No
Accounts and fees
Spreads we measured
We have not measured live spreads for this broker yet. Until we do, cost does not count towards its rating.
Platforms and execution
NAGA offers no platform data yet.
Deposits and withdrawals
We have not run our own deposit and withdrawal test with this broker yet. When we do, the log appears here with dates and times.
Country availability
Pick your country in the header to see which NAGA entity would serve you.
Questions readers ask
Is NAGA regulated?
NAGA operates through 1 legal entities in our database, holding licences or registrations with: FSA Seychelles. Which entity you sign up with depends on where you live, and so does the protection you get. Check the licence number on the regulator's own register before you deposit.
Is NAGA a safe broker?
No broker is risk-free. Our Global Dossier Score for NAGA is 16 out of 100. The score reflects the regulator tier of the entity that serves you, the group's other licences, company structure and track record. It says nothing about whether trading will be profitable for you.
Data changelog
- Import 2026-11-11 (broker's own website, read 2026-11-11): new broker (publish); entity added: NAGA Capital Ltd; licence added: fsasc SD026
CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.
Alternatives that share a regulator
| Broker | Dossier Score | Entity serving you | Min. deposit | Platforms | Actions |
|---|---|---|---|---|---|
| Plus500 Founded 2008 Listed | 62 | Plus500SEY Ltd FSA Seychelles #SD039 Tier 3 (offshore) | $100 | Own platform | Review Visit siteAffiliate link |
| eToro Founded 2007 Listed | 62 | eToro (Seychelles) Ltd FSA Seychelles #SD076 Tier 3 (offshore) | $50 | Own platform | Review Visit siteAffiliate link |
| Admirals Founded 2001 | 48 | Admirals SC Ltd FSA Seychelles #SD073 Tier 3 (offshore) | $100 | MT4MT5 | Review Visit siteAffiliate link |
Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.