NAGM Review 2026 — Trust Score 3.4/10 & Is It Safe?

NAGM Review — Overview

Updated 22 Aug 2026

Regulation

Offshore regulated

Licence

VFSC · No. 41699Licensed InstitutionNAG Markets (Pacific) LimitedRegulatory StatusOffshore RegulatedLicense TypeRetail Forex LicenseRegulated BySeychelles(FSA)License No.SD146Licensed InstitutionNAG Markets LimitedWhat Can I Trade on NAG Markets?NAG Markets offers access to 14 CFD derivatives, including indice

Licence status

Offshore Regulation

Instruments

Foreign exchange, precious metals, energy, and indices

Operating

Est. 2020

Main market

Entity

NAGM (V) LIMITED

Website

Unknown

NAGM is a forex & CFD broker based in Vanuatu, established in 2020. On Trust Broker Hub it holds a Trust Score of 3.4 out of 10, which we rate as Poor — below the 5.3/10 average for brokers that hold a verified licence. High-risk profile — proceed only with caution and small amounts.

NAGM's licence comes from an offshore jurisdiction (VFSC). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.

NAGM provides access to foreign exchange, precious metals, energy, and indices. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, NAGM carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.

Trust score breakdown

How is this calculated?

Regulation tier & jurisdiction 6.0 / 10 × 50%

Transparency no published trading conditions 0.0 / 10 × 20%

Footprint track record 7.2 / 10 × 15%

Reviews no verified trader feedback yet 3.0 / 10 × 10%

Complaint record no complaints on record 10.0 / 10 × 5%

Weighted total 4.88

Data completeness 4 of 10 facts verified 40% ×0.70

Trust Score 3.4 / 10

Trust Score history

NAGM currently scores 3.4/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

Holds a VFSC licence
No unresolved complaints on record
Listed in our verified broker directory

Cons

Offshore-only regulation with weaker investor protection
Trading conditions and fees not publicly disclosed
Always verify the licence directly before depositing

Regulation

1 licence

VFSC — Vanuatu

NAGM (V) LIMITED

Offshore Regulation · No. 41699Licensed InstitutionNAG Markets (Pacific) LimitedRegulatory StatusOffshore RegulatedLicense TypeRetail Forex LicenseRegulated BySeychelles(FSA)License No.SD146Licensed InstitutionNAG Markets LimitedWhat Can I Trade on NAG Markets?NAG Markets offers access to 14 CFD derivatives, including indice

Tier 3 · Offshore

Verified

Verify on official register ↗ How we score regulators

Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.

Trading conditions

Self-reported

Instruments	foreign exchange, precious metals, energy, and indices
Minimum deposit	Not disclosed
Maximum leverage	Not disclosed
Typical spread	Not disclosed
Platforms	Not disclosed
Demo account	Not disclosed

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on NAGM

Editorial · updated 22 Aug 2026

Our analysis · editorial 3.4/10

High-risk profile

NAGM is regulated in an offshore jurisdiction (VFSC), which offers lighter oversight than tier-1 regimes. Based in Vanuatu, it has been operating for about 6 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.4/10 — a high-risk profile.

Strengths

Operating for 6 years
No complaints on record with us

Watch-outs

Regulated only in an offshore jurisdiction — weaker investor protection

Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

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NAGM — Questions & Answers

0 questions

No questions yet about NAGM. Be the first to ask — answers from the community and our team help every trader.

Complaints & alerts

0 on record

No complaints or regulator warnings on record

We monitor regulator alert lists and user reports. We'll flag NAGM here if that changes.

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Full specifications

Regulated region

Vanuatu

Operating period

5-10 years

Main market

License status

Offshore Regulation

Instruments

foreign exchange, precious metals, energy, and indices

Year founded

2020

Frequently asked

Is NAGM a safe broker?

NAGM scores 3.4 / 10 on our Trust Score, below the 5.3 average for brokers that hold a verified licence. It is only offshore-regulated, which means weaker protection. It has no complaints on record with us, though that is not proof of good conduct. Trade only with funds you can afford to lose.

How is the NAGM trust score calculated?

The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.

What does "offshore regulated" mean?

It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.

Can I withdraw funds easily from NAGM?

NAGM doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.