NAGA Launches Interest on Uninvested Funds

NAGA launches interest on uninvested funds, offering daily returns with no lock-in or minimum balance required. The company has introduced a new feature that allows customers to earn interest on their unused cash balances, becoming the latest trading platform to do so. NAGA users holding euro balances will receive up to 2.77 percent APY on their uninvested funds.

The initiative, named NAGA Earn, does not impose any minimum deposit requirements or lock-in periods. Customers will retain complete flexibility over their funds, with the ability to trade or withdraw at any point.

The company also emphasized that it will calculate the euro cash interest on a daily basis.

“Activating NAGA Earn is simple – users can enable it directly in the NAGA App. Once switched on, the available euro cash balance starts generating daily interest, which is automatically credited to the users’ accounts,” the company noted.

NAGA Launches Interest as Market Trend Grows

Currently, NAGA’s European division offers NAGA Earn, and the company plans to broaden the offering to other currencies and regions over time.

NAGA joins a growing list of brokers providing interest on idle funds. Since 2023, trading platforms like XTB and BidX Markets have launched similar services. Other notable players, including Interactive Brokers, Webull, Trading 212, IG-owned Freetrade, and eToro US, also reward users for holding uninvested cash.

The trend has gained momentum following interest rate hikes by Western central banks. Brokers, who were already generating substantial returns on client deposits, began passing on a portion of those earnings to customers—paving the way for this widespread industry movement.

Trade and Earn

Alongside launching NAGA Earn, the company has been expanding its offerings. Earlier this year, it began providing access to Romanian stocks.

In a significant development in December 2023, CAPEX.com—a trading platform with strong roots in the Middle East—acquired NAGA through a reverse merger. As part of the agreement, CAPEX.com’s CEO invested $9 million in NAGA and assumed the role of Group CEO for the newly combined entity.

Within three months of the acquisition, NAGA’s co-founder and Chief Information Officer, Ben Bilski, exited the company. The company also downsized its staff by 40 percent in 2023.

Financially, the group reported revenues of EUR 62.3 million in 2024, a decrease from EUR 77.5 million in 2023. EBITDA stood at EUR 8.1 million, reflecting a 13% margin—down slightly from the EUR 8.5 million and 11% margin recorded in the previous year.

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