Global Broker Regulation Inquiry App
WikiFX
Thobani Dlalda 
1-2 years
Does NAGA have any cons?
Broker Issues
Regulation
2025-05-05
United States
WikiFX
Reply
The main downside, for me, is the lack of regulation by major global authorities. This makes me cautious about using NAGA markets trading for large investments. Additionally, there are no demo accounts available, which I would have liked to use before diving into live trading.
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