Is it safe?

Is NAGA safe and legit?

Short answer, from public records

NAGA states licences from FSA Seychelles and CySEC. We matched 2 on the regulator's own register (FSA Seychelles, CySEC). We found no regulator warning naming the firm itself.

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NAGA reviewLicences, costs, platforms and accounts

Licences

Full broker page

✓ On registerCySEC 204/13Naga Markets Europe Ltd
✓ On registerFSA Seychelles SD026NAGA Capital Ltd · Checked on 17 Oct 2026

Regulator warnings

All warnings

None naming the firm itself.

0 look-alike site warnings (these copy the name; they are not NAGA)

Real site: https://naga.com/

Trustpilot

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Scam red flags to check yourself

Someone contacts you first (WhatsApp, Telegram, Instagram, dating apps) and offers to trade for you.
Guaranteed or fixed returns, or “no-loss” accounts.
A web address that is close to, but not exactly, the broker's real site.
Pressure to deposit more before you can withdraw, or “tax/fees” to release your money.
The licence number on the site doesn't match the regulator's register, or the company name differs.

See Spotting scams in the Academy, or report a scam.

Questions

Is NAGA safe?

NAGA states licences from FSA Seychelles and CySEC. We matched 2 on the regulator's own register (FSA Seychelles, CySEC). We found no regulator warning naming the firm itself. We don't say whether a broker is safe for you. Check the licence number on the regulator's register before you deposit.

Is NAGA regulated?

NAGA states licences from FSA Seychelles, CySEC. Which entity you sign up with depends on your country, and protections differ by regulator.

Are there fake NAGA websites?

We found no regulator warnings about look-alike sites for NAGA. Still type the address yourself: https://naga.com/

Which NAGA company holds the FSA Seychelles licence (Seychelles)?

NAGA Capital Ltd, licence number SD026. We matched it on the regulator's own register. Check it yourself on the register: https://fsaseychelles.sc/regulated-entities/capital-markets#tab-securities-dealer

Which NAGA company holds the CySEC licence (Cyprus)?

Naga Markets Europe Ltd, licence number 204/13. We matched it on the regulator's own register. Check it yourself on the register: https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/

Facts from public sources, not advice. Info may be out of date or wrong. Always check with the regulator before you trade.