Nigeria Forex brokers in Nigeria

Here you can find a list of the best global Forex brokers online accepting traders in Nigeria for Forex trading.

Risk Warning: Your capital is at risk.

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Broker
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Minimum Deposit
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ECN (Min. Deposit)
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Leverage
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MT4 MT5 Bonus
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Review
1 Exness 400 NGN / $1 4000 NGN / $10 ≤2000:1 Review
2 IC Markets $200 ≤500:1 Review
3 RoboForex $10 / 0.001₿ $10 / 0.001₿ ≤2000:1 Review
4 XM Group $5 $30 Review
5 JustMarkets $1 $100 ≤3000:1 $30 Review
6 Alpari $200 $300 ≤1000:1 Review
7 LiteFinance $10 ≤1000:1 Review
8 FBS $1 ≤3000:1 $70 Review
9 FxPro $100 ≤200:1 Review
10 Deriv $5 ≤1000:1 Review
11 Fortrade $100 $100 ≤200:1 Review
12 Capital.com $20 ≤30:1 Review
13 AMarkets $100 $200 ≤1000:1 Review
14 Pepperstone $10 $10 ≤500:1 Review
15 XTB ≤200:1 Review
16 admirals $1 ≤500:1 Review
17 InstaForex $1 ≤1000:1 $500 Review
18 FXOpen $1 / 0.0001₿ $100 / 0.01₿ ≤500:1 $10 Review
19 IronFX $100 $100 ≤1000:1 Review
20 HFM ≤1000:1 Review
21 AvaTrade $100 ≤400:1 Review
22 OctaFx $50 $100 ≤500:1 Review
23 LQDFX $20 ≤500:1 Review
24 FX Choice $100 / 0.01₿ $100 / 0.01₿ ≤200:1 Review
25 TradersWay $1 $10 ≤1000:1 Review
26 Trading212 $150 ≤20:1 Review
27 FreshForex $1 $1 ≤2000:1 $2021 Review
28 FP Markets $100 $100 ≤500:1 Review
29 NordFX $5 $1000 ≤1000:1 Review
30 IQ Option Review
31 FiboGroup $1 $50 ≤1000:1 Review
32 ForexChief $10 ≤1000:1 $100 Review
33 FxGlory $1 ≤3000:1 Review
34 SuperForex 400 NGN / $1 ≤2000:1 $88 Review
35 FXTM $50 $500 Review
36 Axi $1 ≤400:1 Review
37 IFC Markets $1000 ≤400:1 Review
38 BlackBull Markets $200 ≤500:1 Review
39 EagleFX $10 ≤500:1 Review
40 Weltrade $25 ≤1000:1 Review
41 NPBFX $10 ≤1000:1 Review
42 Libertex $100 ≤30:1 Review
43 GrandCapital $10 $500 ≤500:1 Review
44 HYCM $100 ≤500:1 Review
45 LMFX $10 ≤1000:1 Review
46 ThinkMarkets $1 $500 Review
47 Eightcap $100 ≤500:1 Review
48 SimpleFX $1 / 0.0001₿ ≤500:1 Review
49 NumberOne CM $5 ≤1000:1 Review
50 ForexMart $1 ≤500:1 Review
51 Naga $250 ≤1000:1 Review
52 Mtrading $100 ≤1000:1 Review
53 Forexee $50 $200 ≤500:1 $15 Review
54 Land-FX $300 $2000 ≤500:1 Review
55 Orbex $200 $500 ≤500:1 Review
56 FxPrimus $100 $100 ≤1000:1 Review
57 worldforex $1 ≤1000:1 $10 Review
58 Amega $1 ≤1000:1 Review
59 Coinexx 0.001₿ ≤500:1 Review
60 Globex360 $100 ≤500:1 Review
61 ActivTrades $100 ≤200:1 Review
62 easyMarkets $100 ≤400:1 Review
63 Markets.com $100 ≤300:1 Review
64 FXGiants $100 $200 ≤1000:1 Review
65 HFM Europe $50 ≤30:1 Review
66 NSFX $300 $3000 ≤50:1 Review
Minimum Deposit 400 NGN / $1
ECN 4000 NGN / $10 (Min. Deposit)
Leverage ≤2000:1
MT4
MT5

Minimum Deposit $200
Leverage ≤500:1
MT4
MT5

Minimum Deposit $10 / 0.001₿
ECN $10 / 0.001₿ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5

Minimum Deposit $5
MT4
MT5
Bonus $30

Minimum Deposit $1
ECN $100 (Min. Deposit)
Leverage ≤3000:1
MT4
MT5
Bonus $30 Residents within EEA are not eligible for this bonus

Minimum Deposit $200
ECN $300 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $10
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $1
Leverage ≤3000:1
MT4
MT5
Bonus $70 Residents within EEA are not eligible for this bonus

Minimum Deposit $100
Leverage ≤200:1
MT4
MT5

Minimum Deposit $5
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤200:1
MT4
MT5

Minimum Deposit $20
Leverage ≤30:1
MT4
MT5

Minimum Deposit $100
ECN $200 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $10
ECN $10 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

15
Review
Leverage ≤200:1
MT4
MT5

Minimum Deposit $1
Leverage ≤500:1
MT4
MT5

Minimum Deposit $1
Leverage ≤1000:1
MT4
MT5
Bonus $500

Minimum Deposit $1 / 0.0001₿
ECN $100 / 0.01₿ (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Bonus $10

Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

20
Review
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $100
Leverage ≤400:1
MT4
MT5

Minimum Deposit $50
ECN $100 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Minimum Deposit $20
Leverage ≤500:1
MT4
MT5

Minimum Deposit $100 / 0.01₿
ECN $100 / 0.01₿ (Min. Deposit)
Leverage ≤200:1
MT4
MT5

Minimum Deposit $1
ECN $10 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $150
Leverage ≤20:1
MT4
MT5

Minimum Deposit $1
ECN $1 (Min. Deposit)
Leverage ≤2000:1
MT4
MT5
Bonus $2021

Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Minimum Deposit $5
ECN $1000 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

MT4
MT5

Minimum Deposit $1
ECN $50 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $10
Leverage ≤1000:1
MT4
MT5
Bonus $100

Minimum Deposit $1
Leverage ≤3000:1
MT4
MT5

Minimum Deposit 400 NGN / $1
Leverage ≤2000:1
MT4
MT5
Bonus $88

Minimum Deposit $50
ECN $500 (Min. Deposit)
MT4
MT5

36
Review
Minimum Deposit $1
Leverage ≤400:1
MT4
MT5

Minimum Deposit $1000
Leverage ≤400:1
MT4
MT5

Minimum Deposit $200
Leverage ≤500:1
MT4
MT5

Minimum Deposit $10
Leverage ≤500:1
MT4
MT5

Minimum Deposit $25
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $10
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $100
Leverage ≤30:1
MT4
MT5

Minimum Deposit $10
ECN $500 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

44
Review
Minimum Deposit $100
Leverage ≤500:1
MT4
MT5

45
Review
Minimum Deposit $10
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $1
ECN $500 (Min. Deposit)
MT4
MT5

Minimum Deposit $100
Leverage ≤500:1
MT4
MT5

Minimum Deposit $1 / 0.0001₿
Leverage ≤500:1
MT4
MT5

Minimum Deposit $5
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $1
Leverage ≤500:1
MT4
MT5

Minimum Deposit $250
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $100
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $50
ECN $200 (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Bonus $15

Minimum Deposit $300
ECN $2000 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Minimum Deposit $200
ECN $500 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $1
Leverage ≤1000:1
MT4
MT5
Bonus $10

Minimum Deposit $1
Leverage ≤1000:1
MT4
MT5

Minimum Deposit 0.001₿
Leverage ≤500:1
MT4
MT5

Minimum Deposit $100
Leverage ≤500:1
MT4
MT5

Minimum Deposit $100
Leverage ≤200:1
MT4
MT5

Minimum Deposit $100
Leverage ≤400:1
MT4
MT5

Minimum Deposit $100
Leverage ≤300:1
MT4
MT5

Minimum Deposit $100
ECN $200 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Minimum Deposit $50
Leverage ≤30:1
MT4
MT5

66
Review
Minimum Deposit $300
ECN $3000 (Min. Deposit)
Leverage ≤50:1
MT4
MT5


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What is Forex?



Forex is a shortened term used for "FOReign EXchange" (commonly known as FX), it is typically used to describe the process of buying and selling currencies. Forex is a global market for the trading of currencies, it is the largest market in the world, opened 24 hours a day from Sunday evening until Friday night. Forex is also the most liquid financial market, there is a huge trading volume: each day, more than 5 trillion dollars are exchanged, there are always a lot of trades.

Forex trading



Currency values rise and fall against each other due to a number of economic, technical and geopolitical factors. The common goal of forex trading is to profit from these changes in the value of one currency against another. All forex pairs are quoted in terms of one currency versus another, Forex trading is the act of simultaneously buying one currency while selling another. Each currency pair has a "base" currency and a "counter" currency. The base currency is the currency on the left of the currency pair and the counter currency is on the right. For example, in EUR/USD, EUR is the "base" currency and USD the "counter" currency. A forex trader will buy a currency pair if he expects its exchange rate will rise in the future and sell a currency pair if he expects its exchange rate will fall in the future.

What is a broker?



Traders must conduct their trading activities through a forex broker. A broker acts as an intermediary between the buyer and the seller involved in a forex transaction. They provide trading platforms that allow traders to buy and sell foreign currencies. Traders have to take the time to research and compare options to find the broker that best fits their needs.


Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital.

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