Global Broker Regulation Inquiry App
WikiFX
Ibgentle 
1-2 years
Is NAGA a legit broker?
Broker Issues
Regulation
2025-06-23
United States
WikiFX
Reply
NAGA is a legit broker in the sense that it is regulated by CySEC. However, it is not regulated by top-tier global authorities like the FCA or ASIC, which could be a concern for some traders. Based on NAGA markets review, I feel comfortable trading with them, but I would still prefer broader international regulatory coverage.
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