Naga offers a secure platform that allows you to manage your investments with the peace of mind that comes from professional experience.

The financial market revolution is now a reality at NAGA Group. This platform is home to a social network that provides a number of advantages. You will have access to social trading, where you can learn from the knowledge and experience of other users. You canalso see new developments in real time and take advantage of informative videos and the latest news, all with the certainty that your personal information is completely private.

Trust and regulation

Choosing the best platform from among the many that are offered is the first step in delving into online trading. NAGA allows you to practice trading with a no-risk demo, which can help youlearn, acquire more knowledge and increase your chances of success. With this simulator, you can practice trading different financial instruments such as stocks, bonds, currencies, etc.

Professionalism, safety and transparency are essential when using an online broker that trades your money in the stocks that you request. It’s also important to verify that a broker is regulated and supervised by a governing body, meaning that they are obligated to comply with a set of norms that guarantee solvency and the protection of funds.

NAGAis a regulated broker with the licenses necessary to be an intermediary in the financial markets. It is authorized and regulated by the CyprusSecurities and Exchange Commission, CySEC and is registered under code HE251168. It is subject to the Markets in Financial Instruments Directive (MiFID), a European directive that decides the way that investment consulting firms inform their clients about their financial products. Their website also falls under German intellectual property laws.

An environment with many options

Besides its social trading platform, NAGA offers a range of productsrelated to the cryptocurrency investment market including updated charts for different stock prices, such as ETHUSD, DOGEUSD and XTZUSD,among others. These products include:

• NAGA App available for iOS and Android.
• NAGAWallet, a virtual wallet for safeguarding and exchanging cryptocurrencies with other users.
• NAGAPay, an exclusive platform that combines an IBAN account and a VISA card, allowing you to trade and invest from your mobile device.
• NAGAProtector is a tool that lets you add a greater level of protection to your trading account.
• NAGACoin is the platform’s virtual currency.
• NAGAAutocopy for automatically copying the trading done by the most experienced investors. This is a good option if you are not a professional trader.
• NAGA Exchange is a platform for secure cryptocurrency exchange.
• NAGA Achievements is a tool that gives you discounts according to your level of experience on the platform.

Technical considerations

In order to utilize these products, you must register and create an account with NAGA. The process is simple: First, go to the NAGA website and click on “register.” Here you will enter your personal information like your name, phone number and email. Then, you will create a password. NAGAMarkets will send you an SMS code and an email to confirm your information and open your account. From there, you will be asked to fill out a questionnaire about your investment knowledge and experience and to accept the NAGA terms and conditions.

NAGA provides excellent customer service and quick response times through their help center. You can contact them through their website, by phone or by email. With the live chatoption, you’ll receive immediate technical support to help you resolve any issues.

Fraud is a problem in all areas of finance. Wherever money is involved, there are scams, and forex trading isn’t an exception. Scams related to forex trading can often cost people thousands of dollars since forex trading involves large amounts of money. A trader’s life can be set back several years by something like this.

One of the most popular forex scams today is the increasing number of fake forex brokers. In this article, you’ll find out how you can tell fake forex brokers from legit ones.

What is a Forex Broker?

Brokers are independent financial companies whose main product is the forex trading platform. They provide traders with trading software, which makes it easy and flexible for them to access the forex market.

Brokers provide services to traders, such as leveraged trading, and make it possible for traders to buy and sell currency pairs. In turn, brokers gain money from the spread, which is the difference between the buy and sale prices. Brokers also generate money from additional costs, such as commission charges.

How to Check if a Broker is Reputable

To confirm if a broker is reputable, look out for the following:

Regulation

Regulation is the first and most important thing to watch out for. A broker registered and regulated by an international or regional regulatory body is called a “regulated broker.” Not one group is in charge of regulating all forex trading worldwide. Instead, these bodies are made up of governments and regional groups that work together to protect the interests of traders.

Regulation is also the hardest to fake. And that is why you should check it first; it will save you time and money.

Broker’s Website

Another fool-proof means of identifying a reputable broker is their website. What are the things you should look out for on a broker’s website?

Regulation information

As discussed in the last section, you must ensure the site is registered. Check the regulatory body it belongs to. The website should show the Registration ID, BSE, or NSE number. Some of these websites can be a clone of an existing broker, so you should check properly.

Suspicious Marketing

Only fake brokers or scams make false promises and suspicious marketing on their websites. Some will even include fake testimonials from non-existent users. If it sounds too good to be true, be careful.

Legal Information

The site should tell traders everything they need to know about taxes, trading rules, and other compliance measures and how the broker meets these requirements.

Background Information

With whom have they worked before? Many brokers with a lot of experience work for big, well-known companies. In addition, they have a history that extends back to at least five years. Try to find any official statements of profit and loss.

Contact Info

A legitimate broker’s website will have their address and ways to contact them. It could be emails and/or phone numbers. Not often do these details get left out.

Immediate and High Returns

When a broker promises you high returns immediately, that is the first sign that you are about to be scammed. Even for professionals, Forex is not a way to get rich quickly. No broker in the world could ever promise you those kinds of returns.

They do this to lure in new traders or people who need money but are having trouble getting it. It is one of the sneakiest scams because it takes advantage of real needs.

Online Reviews

Another important step is to read user reviews. After checking for other information, read what users have said about them. Many users tell their sad stories and experience with such brokers through their reviews.

Conclusion

When trading online, you need to use a safe and secure service. The first step you should always take is to look for licenses. Only regulated brokers protect traders from scams and hackers and provide fair and clear services. Also, user reviews can help you find the best service providers who care a lot about the user experience.

Another month, another sweeping wave of seed funding that looks to support some of the most intriguing and innovative businesses in the UK and Ireland. Well known as a hotspot for earning huge sums in funding rounds, Britain has, once again, emerged as Europe’s leader in July.   

With over 200 rounds securing a combined €433 million (£372 million), it wasn’t an overly active month, but still a significant one, with exciting projects in the realms of health, climate, and travel receiving significant funding in July. 

It’s clear that the process of receiving seed funding is becoming more streamlined, particularly in the UK, enabling inventive startups to grow and scale with relative ease. These are the businesses that have been able to make the most of the UK’s strong startup and seed funding environment in July 2022. 

Shackle, Suvera and Altruistiq headline July’s funding 

Kicking off the highlight reel of July’s seed funding is Suvera. Based in London, Suvera created a virtual care platform that works with GPs to help patients to get remote care. Specifically looking at chronic conditions, Suvera helps those with hypertension, diabetes, and the like. As reported by UKTN, their seed extension round brought in £5 million from the Google for Startups programme. 

Over in Ireland, Mark Abraham and his business, Shackle, attracted €5.4 million (£4.6 million) in funding from a whole host of big names. Guillaume Pousaz, the founder of Checkout.com, Li Fan, former head of engineering at Pinterest, Brad Bao, co-founder of Lime, Conrad Whelan, founding engineer at Uber, and Frontline Ventures all contributed to the seed funding of the Irish hospitality tech company, per BusinessPost. 

Raising the most among these UK and Ireland-based businesses in July 2022, Altruistiq also became one of the best-funded climate tech SaaS startups in the world, according to EU-Startups. Based in London, the business is looking to make the carbon reporting model effect more beneficial to climate action. Leading the funding was Molten and Norrsken, and joining them were Sir Ian Cheshire and Mudassir Sheikha. 

UK’s options put the country ahead of the curve 

As noted, the UK is massively leading the way in seed funding when comparing what gets raised in each European country. In July, the €134 million secured by UK businesses more than doubled that of the next closest, Germany, with its haul of €66 million. 

While the innovation of the company founders cannot be understated, there’s also something to be said for the ease with which UK businesses can now get help to secure funding. For example, legal tech provider SeedLegals  helps startups create all the legal documents they need to start, raise and grow their company cheaper and quicker than a law firm. 

As online services are so accessible, businesses seeking to enter into seed funding can eliminate the stresses that come with the traditional middle man role; finding them, trusting them, and waiting for them to do their work.With a more streamlined approach, business owners can focus more on growth strategies and scale. 

July proved once again that the UK’s startup space is thriving and that those with the money to empower innovative businesses are certainly taking notice.