NAGA Group adjusts 2021 and 2022 financial forecasts
NAGA’s brokerage business has generated more than €33.5 million in revenue in the first half of 2022, versus €22.3 million in 2021.
NAGA’s brokerage business has generated more than €33.5 million in revenue in the first half of 2022, versus €22.3 million in 2021.
The NAGAX App on iOS and Android also features the Academy center with valuable articles and explainer videos to learn all about cryptos.
Antonis Monogios replaces Pawel Cichowski, who left NAGA to become Head of Dealing at Cyprus based startup crypto exchange XBO.
Pawel Cichowski joined NAGA in 2020, after working for eight years in the dealing room at FxPro.
Already, NAGA has seen more brokerage sales in year-to-date 2022 than in the entire first half of 2021.
The Estonian Crypto license for NAGA’s cryptocurrency platform NAGAX was granted in the last week of March.
While equity markets globally are taking a hit today, a number of Retail FX firms have reacted especially harshly.
NAGAX will launch with a crypto wallet, as well as a crypto exchange with more than 50 assets.
Two of 2021’s market darlings among public traded Retail FX brokers – Swissquote and NAGA.com – have performed the worst YTD in 2022.
In 2021 NAGA saw over 4.8 million trades copied via its Auto Copy tool, almost tripling compared to 2020 (1.7 million).