Bitcoin Forum

They seem to provide lots of trading options including the modern now social trading (copying other people trades).

However, seems like there isn't much talking about them in the crypto community. So what do you know about them?

How legit are they, are the money insured and stuff like that?

Registrant Organization: NAGA Markets LTD
Registrant State/Province: Mesa Geitonia
Registrant Country: CY

http://whois.domaintools.com/nagatrader.com

NAGA Trader Review - is it scam or safe? (https://www.forexbrokerz.com/brokers/nagatrader-review)

NAGA Markets Review (https://www.fxempire.com/brokers/nagamarkets/review)

https://scambroker.com/naga-markets/

Do you want to make a crypto trade? if yes, then use binance

Simple because they don't established yet a reputation in crypto world. Obvious reasons are; people preferred to used those established ones rather than a new name in their vocabulary or maybe there are features of the site that people don't want.

How do you encounter this site? As mentioned above, you can choose those reputables ones than to play with the risks on that site which has only few reviews as of now.

Not much, and this is actually the third time I encountered a post/write-up regarding them. If you don't really need the fancy features that they offer, binance, poloniex and other reputable crypto-exchanges would be my suggestion. However if you still want to try their services and be one of the first reviewers, feel free to do so but tread carefully and only use small amounts just for the sake of testing.


Legitimacy is only up until one point. Slow death already pointed you to some references and you could just as easily know whether they are the real deal or not. As for insurance, most exchanges are now trying to get one to cover-up for losses in the event of theft or any other unfortunate scenario, but still, err on the side of caution and not send huge funds yet on this exchange.

I have become very skeptical of any new crypto project/service.  I would not trust anything that is new until it has been fully established and has a large customer base.  There has just been too many exit scams recently for me to trust new services.

Even when I'm still on Forex trading back into the previous years where crypto doesn't still exist.I don't easily trust up with platforms which do offer copy trade
either automatically or manually from traders itself.
If you do try to read up the suggestions above it would be wise to follow it and about that naga trader I wont bother to look up when theres no much reputation on it
or feedbacks.

That's pretty biased I would say lol Like let people have other options as well. Binance is much secure and all but for big deposits they do have strict regulations which I believe isn't ideal especially if you're not from their continent.

@OP : Naga-trade does look a well-organized trading website but wouldn't take it 10 seconds to become a well-organized scam.

No info about this it seems. Looks like it's not a good choice for your investment. EToro looks like a better alternative. External reviews don't point out necessary details either. So, you have some options: either try it out yourself or use an existing and reputable platform.

I still use binance or bittrex to trade and hold some altcoin, some of the exchange that I can trust so far. I don't know much about naga trader, but when I  tried to visit the exchange it seems useful if you don't just being a cryptocurrency trader, you can trade forex, ETF and other market in one place. Regardless of trustworthy exchange I can't judge it now, I think many people in this forum don't know the exchange yet.

I want to auto copy other peoples trades
And while it allows funding your account with crypto i want to try it because it allows you to trade all kinds of other things, from forex to stocks.

By the way the rates to fund your account with crypto are terrible.
But if you fund with cash it seems ok.
So far has been going well and did some profit.
They have a card as well which is nice.

@hashtag  did you stay with naga market?  how are they?