Brokers  /  NAGM

NAGM

Moderate risk
🇦🇺 Australia · 5-10 years · since 2020-01-13 · NAGM (V) LIMITED
FSAVFSC
Visit site ↗
—/5
★★★★★ ★★★★★
5 reviews ›
2
Licenses ›
0
Withdrawal issues ›
$500
Min. deposit ›
1:400
Max leverage ›
1
Account types ›
33/100
Scam risk ›
10
Clone sites ›
Accounts: Standard · USD 500.00
▲ 60% positive▼ 20% negative
Independent ratingshow third parties score this broker
WikiFX2.46/10
Trustpilot—/5
Forex Peace Army—/5
33
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing5535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints1212%
Offshore registration108%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameNAGM (V) LIMITED
Headquarters🇦🇺 Australia
Founded2020-01-13
Years operating5-10 years
Employees0
Official websitenagmarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods4 methods
Withdrawal methods · --
Instrumentsover 27 currency pairs and 14 CFD derivatives including IndicesCommodities as well as Precious Metals
Registered address
Unit 803, 213 Miller Street North Sydney NSW 2060 Australia

Regulation & licenses · 2

RegulatorLicense typeLicense No.RegionStatus
VFSCForex Trading License (EP)41699VanuatuOffshore Regulation
FSADerivatives Trading License (EP)SD146SeychellesOffshore Regulation

Account types · 1

AccountMax leverageMin. depositMin. spreadCommissionEA
Standard1:400USD 500.00From 1.2--✓

Review analysis AI

Across 5 recent Trustpilot reviews, 20% are 1–2 star. We also found 12 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users complain about
What users praise
Where reviewers are from
Japan1
Belarus1
Netherlands1
Taiwan1
Colombia1

Real user reviews

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About NAGM

NAGM is a forex and CFD broker based in Australia, with records dating to 2020-01-13. It reports oversight from FSA, VFSC.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Finally, beware of impersonation: we tracked 12 clone website(s) copying NAGM. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full NAGM review