MASHINIi

THE NAGA GROUP AG.

N4G.XETRA | Security and commodity contracts brokerage

The NAGA Group AG is a German fintech company that provides a social trading and investment platform. Their platform allows users to trade a variety of financial instruments, including stocks, foreign exchange (forex), cryptocurrencies, and contracts for difference (CFDs). A key feature of their pla...Show More

Ethical Profile

Mixed.

THE NAGA GROUP AG, a social trading platform, faced a €150,000 fine from CySEC between January 2021 and April 2022 for alleged regulatory violations concerning authorization, client information, and product rules. While offering access to stocks, forex, cryptocurrencies, and CFDs, critics point to the inherent risks of such high-leverage instruments, which could potentially impact users' financial and mental well-being. The company has an anti-corruption policy and appointed a Head of Compliance in April 2023. However, reports suggest limited transparency on many ethical metrics, including worker respect, environmental impact, and data security practices.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-30
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-20
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech10
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess THE NAGA GROUP AG on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess THE NAGA GROUP AG on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No specific, concrete data points related to fair pay and worker respect metrics, such as living wage coverage, CEO-median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage, were found in the provided articles for N4G.XETRA.

1

Fair Trade & Ethical Sourcing

0

The provided articles for N4G.XETRA (The NAGA Group AG), a German fintech company, do not contain any information relevant to the Fair Trade & Ethical Sourcing KPIs.

1
Articles that discuss topics such as supplier audits, child labor incidents, ethical clauses, or supplier diversity (e.g., for F&B suppliers, hotel operations, farm produce, or local Cambodian suppliers) pertain to NagaCorp or NagaWorld, which is a distinct entity from The NAGA Group AG. The articles specifically about The NAGA Group AG (N4G.XETRA) explicitly state that no data on fair trade, ethical sourcing, or other ESG metrics was provided.
2

Honest & Fair Business

-30

Naga Markets Europe Ltd. was fined €150,000 by CySEC for regulatory violations between January 2021 and April 2022, related to authorization conditions, organizational requirements, client information, suitability assessments, best execution, and product intervention rules.

1
The NAGA Group AG has an ESG risk score of 24 with a controversy level of 'None', last updated in October 2024.
2
The company's complaints handling policy states that complaints are acknowledged within 5 days and aims to conclude investigations within a maximum of 3 months.
3
NagaCorp is dedicated to a zero-tolerance policy regarding corruption or bribery activities and has an anti-corruption manual outlining adherence to Cambodian and international anti-corruption laws, including the Foreign Corrupt Practices Act (FCPA).
4

Kind to Animals

0

The NAGA Group AG is a fintech company that provides a social trading and investment platform. Its business model is service-oriented and digital, with no physical products, animal-derived ingredients, or direct operations that would involve animal testing, animal husbandry, or impact wildlife habitats. Articles , , and explicitly state that the company has "No Animal testing" in its product and activity categories.

1
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2
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3
Therefore, all KPIs related to animal welfare, testing, sourcing, and conservation are not applicable to its operations.

No War, No Weapons

0

No specific, concrete data points were found in the provided articles regarding N4G.XETRA's association with arms manufacturing, military contracts, conflict facilitation, or any related peace initiatives. The articles discuss general industry trends, regulatory updates, or company mergers, but do not provide any quantitative or qualitative evidence directly applicable to the defined KPIs for the 'No War, No Weapons' value for N4G.XETRA.

Planet-Friendly Business

-20

N4G.XETRA has no specific regulatory actions, violations, fines, or compliance issues mentioned in the provided articles.

1
This indicates a record of zero environmental compliance violations.

Respect for Cultures & Communities

0

No specific, concrete data points were found in the provided articles regarding N4G.XETRA's performance on any of the KPIs related to Respect for Cultures & Communities.

1
The articles primarily focus on financial results and corporate information, with no mention of community engagement, cultural preservation, or related initiatives.
2

Safe & Smart Tech

10

The company adheres to EU GDPR 679/2018, UK GDPR, and the Financial Consumer Protection Act, 2022, and has procedures to deal with personal data breaches.

1
It retains customer due diligence, transaction, and communication records for seven years after the business relationship ends due to legal requirements.
2
Employees are trained on processing personal data according to GDPR and relevant legislation.
3
The company implements Two-Factor Authentication (2FA) and recommends its use.
4
It uses encryption of data, pseudonymization, and backups, with additional safeguards like file-level, transport, cloud, and database encryption for data transfers outside the EEA.
5
Automated decisions for client suitability are monitored by the Compliance department, with measures to prevent discrimination.
6
Users have rights to access, correct, erase, restrict processing, and transfer their data, and can object to processing.
7
The company conducts Data Protection Impact Assessments for high-risk operations and limits data retention to necessary periods.
8
Its security team continuously monitors system performance and security metrics, and implements administrative, physical, and technical safeguards to protect personal data.
9

Zero Waste & Sustainable Products

0

The provided articles offer no specific quantitative data or concrete details regarding N4G.XETRA's performance across any of the KPIs related to Zero Waste & Sustainable Products.

1
The information available is limited to general ESG risk scores and statements about overall sustainability commitments, without specific metrics on waste diversion, product recyclability, packaging, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audits, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.
2

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.