Company Information

Get to know The NAGA Coin

NAGA Group AG is a German-based FinTech company publicly listed on the Frankfurt Stock Exchange. Founded in 2015, the company operates a multi-asset social trading platform that allows users to trade Forex, CFDs on stocks, indices, commodities, and cryptocurrencies. In 2017, NAGA launched The NAGA Coin (NGC) through an ICO to create a utility token for its ecosystem. The coin's primary purpose is to reduce trading fees, reward users for contributions to the social network, and serve as the base currency for the NAGA Wallet and other platform features. The company's mission is to democratize financial markets by providing accessible and innovative trading tools.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

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The NAGA Coin

Belize

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.