Fire Goby threats
Nemateleotris magnifica is a popular aquarium fish and is harvested from the wild for the aquarium trade.
This species is associated with coral reef habitats. The coral reefs in some areas of this species' distribution (e.g., East Africa and Indonesia) have experienced localised degradation due to bleaching, industrialisation, destructive fishing practices, Crown of Thorns starfish invasions, water pollution, and other population pressures. In other areas of N. magnifica's distribution, the reefs are in good condition, and therefore the regional degradation of the reefs is not considered a major threat to this species at present.