Score
Naqdi
South Africa|2-5 years| https://naqdi.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
Licenses
Licensed Institution：Naqdi group (PTY) LTD
License No.：51598
Basic information
South Africa
2-5 years Regulated in South Africa Retail Forex License MT5 Full License Global BusinessAccount Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
naqdi.com
Server Location
United States
Website Domain Name
naqdi.com
Server IP
104.21.4.77
Genealogy
VIP is not activated.Zeus Capital Markets
MALEYAT
Malfex
Company Summary
| Naqdi Review Summary | |
| Founded | 2010 |
| Registered Country/Region | South Africa |
| Regulation | FSCA |
| Market Instruments | Forex, indexes, shares, metals, commodities |
| Demo Account | ✅($100,000 in virtual funds) |
| Leverage | Up to 1:500 |
| Spread | From 1.4 pips (Standard account) |
| Trading Platform | MT5 |
| Min Deposit | 0 |
| Customer Support | 24/5 support |
| Live chat, contact form | |
| Tel: +971 600 556 000, +971 600 556 000 | |
| South Africa Office: 106, 4th Floor, TBE, 96 Rivonia Road, Sandton, Johannesburg, 2191 | |
| Dubai Office: Office 2502, Boulevard Plaza Tower 1, Dubai, UAE | |
Founded in 2010, Naqdi is a Straight-Through Processing (STP) broker registered in South Africa, regulated by South Africas Financial Sector Conduct Authority (FSCA). It offers trading in forex, indexes, shares, metals, and commodities with leverage up to 1:500 and spread from 1.4 pips on the Standard account through the leading MT5 platform. Demo accounts are available and there is no minimum deposit requirement to open a live account.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | No MT4 |
| Multiple account types | No 24/7 support |
| Demo accounts | |
| Commission-free accounts offered | |
| MT5 platform | |
| No minimum deposit | |
| Popular payment options | |
| Live chat support |
Is Naqdi Legit?
Yes, Naqdi is a legitimate broker. It is regulated by the Financial Sector Conduct Authority (FSCA).
 | Financial Sector Conduct Authority (FSCA) |
| Current Status | Regulated |
| Regulated by | South Africa |
| Regulated Entity | Naqdi group (PTY) LTD |
| License Type | Retail Forex License |
| License No. | 51598 |
What Can I Trade on Naqdi?
Naqdi offers five trading products, covering more than 60 forex pairs, more than 100 indices, more than 1,500 stocks, precious metals and a variety of commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Commodities | ✔ |
| Indexes | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit | Ideal for |
| Standard | 0 | New traders |
| Premier | / | High-volume traders |
| Elite | / | Experienced traders |
Naqdi also provides demo accounts with $100,000 in virtual funds.
Naqdi Fees
| Account Type | Spread | Commission |
| Standard | From 1.4 pips | ❌ |
| Premier | From 0.9 pips | ❌ |
| Elite | From 0.0 pips | $2.5 per standard lot per side |
Leverage
The leverage is capped at 1:500 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, mobile | Experienced trader |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Naqdi accepts payments via MasterCard, Skrill, VISA, NETELLER, M-PESA, SwiftyEft, and Tether.
Keywords
- 2-5 years
- Regulated in South Africa
- Retail Forex License
- MT5 Full License
- Global Business
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