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/10

Naqdi

Item: Naqdi
Rating: 6.10

South Africa|2-5 years|

Regulated in South Africa|Retail Forex License|MT5 Full License|Global Business|

https://naqdi.com/

Website

Open Account Time Machine

Rating Index

MT4/5 Identification

Full License

Server Name

NaqdiGroup-Demo MT5

Server Location

United Kingdom

Contact

+971 600 554 433

https://naqdi.com/

106, 4t Floor, TBE 96 Rivonia Road Sandton Johannesburg 2191

https://www.facebook.com/profile.php?id=61561229651912&mibextid=LQQJ4d

Licenses

FSCA Regulated

South Africa Retail Forex License

Licensed Institution：Naqdi group (PTY) LTD

License No.：51598

VPS Standard

*No restriction on the broker account

Open

Basic information

Registered region

South Africa

Operating period

2-5 years

Company Name

Naqdi group (PTY) LTD

Abbreviation

Naqdi

Company employee

Company website

https://naqdi.com

Company address

106, 4t Floor, TBE 96 Rivonia Road Sandton Johannesburg 2191

Facebook

https://www.facebook.com/profile.php?id=61561229651912&mibextid=LQQJ4d

https://x.com/naqdiglobal

Instagram

https://www.instagram.com/naqdiglobal?igsh=NmkydGp5Nmx2aWwz

Keywords 5

2-5 years

Regulated in South Africa

Retail Forex License

MT5 Full License

Global Business

Account Information

Related Software

Website

Genealogy

Company Summary

Review

Account Information

Updated： 2024-12-18

Benchmark

Currency

Maximum Leverage

1:500

SupportedEA

Minimum Deposit

Minimum Spread

from 0.0

Depositing Method

Withdrawal Method

Minimum Position

0.01

Commission

$2.5

Products

Related Software

MT5: Full License

MT4 Servers

MT5 Servers

243.20

Average execution speed/ms

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

Meta Trader 5

Full LicensePerfect

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Details

Official website

Website

naqdi.com

Server Location

United States
Most visited countries/areas

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Website Domain Name

naqdi.com
ICP registration

--
Website

--
Company

--
Domain Effective Date

--
Server IP

104.21.4.77

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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.