05/07/ · USA Regulated Forex Brokers [The June Complete List] Nigeria is an oil-rich country and it is often referred to as the gateway to Africa, licensed and regulated forex brokerage company in nigeria. The licensed and regulated forex brokerage company in nigeria is also notorious for various scams, especially in the finance sector. Therefore, if 28/07/ · NB: Hotforex is an SEC-regulated forex broker in Niaraland, Nigeria. The account can be accessed from anywhere using an iPhone, interactive charts for 9 timeframes, advanced trading functions, one-click trading, 24 analytical objects, and 30 technical blogger.comted Reading Time: 7 mins 07/08/ · OctaFX is a CySEC regulated forex broker that also accepts Nigerian clients. They offer good trading conditions including competitive spread, fixed as well as variable spread MT4 accounts, local Nigerian bank deposit & withdrawal methods, and multiple trading platforms i.e. MT4, MT5 & cTrader for mobile, web, and blogger.comted Reading Time: 8 mins
8 Best Forex Brokers in Nigeria (Ranked!) | blogger.com
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This is a basic introduction to forex trading for beginners and newbies. ZuluTrade has been operating since and it. The MetaTrader 4 trading platform is undoubtedly one of the most, licensed and regulated forex brokerage company in nigeria. The MetaTrader 5 trading platform is undoubtedly one of the most popular.
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As with most African countriesforex trading has seen a significant increase licensed and regulated forex brokerage company in nigeria popularity across Nigeria. The Central Bank of Nigeria CBN is the regulatory body for all financial services and financial policies in Nigeria. CBN in partnership with the SEC The Securities and Exchange Commission of Nigeria provides a legal framework for forex trading.
Nigerian traders need to know that it is not required to get authorization from these two bodies in order to offer financial services and forex trading to traders in Nigeriadue to the fact that there is no license to offer butit is advised to choose a registered ECN regulated or trusted broker with an excellent reputation in order to ensure that traders funds are fully protected.
Here is an overview of the 27 Best Licensed and accredited Forex Brokers and trading platforms that offer their services to traders based in Nigeria. You might also like: BEST EURONEXT FOREX BROKERS REVIEW. Pepperstone offers traders a variety of trading accounts to choose from including Razor, Standard and Swap-Free, and —. All three FX trading platforms come with a free demo account which will allow Nigerian traders to test out the forex broker and platform for 30 days. A range of options for depositing funds are available, including: Bank wire transfer, MasterCard, Visa credit card, licensed and regulated forex brokerage company in nigeria, PayPal, Neteller, Skrill and QIWI.
IC Markets is regulated by the Australian Securities and Investments Commission ASICthe Cyprus Securities and Exchange Commission CySECas well as the Seychelles Financial Services Authority FSA.
IC Markets offers traders three main types of live trading accounts to choose from, including Raw Spread cTraderlicensed and regulated forex brokerage company in nigeria, Raw Spread MetaTrader and the Standard Account MetaTrader. Islamic swap-free accounts and the use of a free demo trading account is also on offer. EasyMarkets is one of the most popular choices for Beginners in Nigeria and is regulated by CSEC Cyprus and ASIC Australia and offers beginner forex traders:.
EasyMarkets offers traders three key risk management tools which are ideal to those new to currency trading:. Standard, Premium, VIP and SuperVIP accounts are available, their minimum opening deposits are US DollarUS Dollar 1US Dollar 2US Dollar 50 respectively.
A demo account is also on offer. The available trading platforms offered are MT4 and the easyMarkets web platform. CMC Markets offers 3 trading accounts — a spread betting accounta CFD account and a Corporate account. Users can also try a free demo account.
FXTM was established in to offer Forex and CFD s and is highly regulated by the FSC of The Republic of Mauritius, the FCA of the UK, CySEC and licensed by FSCA of South Africa. Standard and ECN Accounts are available with several subtypes. Under the Standard account, they offer the Standard, Cent and Shares Account types.
ECN account sub-types are the ECN Zero account, FXTM Pro account and the ECN account. ECN accounts can be traded on MT4 and MT5. FXTM offers Local NGN Fundingthrough bank wire transfer or Neteller with a minimum deposit of US Dollar for a standard forex account.
This allows traders to start trading a range of currency markets while lowering the exchange costs when moving NGN currency to a standard base currency. Customer support is available in 17 Languages via Live Chat, Phone, Telegram, Facebook and Twitter. OANDA is a globally regulated Forex and CFD broker which also provides corporate Forex solutions and currency conversion. OANDA is the most Regulated Forex Broker and operate across six of the most credible authorities including:.
OANDA has 2 accounts on offer: a Standard Account and Premium Account. Each account comes with their own unique features and benefits. A free demo trading account is also on offer. Customer support is available via a FAQ section, a OANDA Virtual Assistant and phone. Traders can trade on over trading instruments on the popular MT4 Platform.
Alpari International is the business name of Exinity Limited which is by the Financial Services Commission FSC of the Republic of Mauritius and offers traders more than tradable assets across Forex, Stocks, Indices, Metals, Cryptocurrencies and Futuresacross the MetaTrader suite of trading platforms. A Stocks Licensed and regulated forex brokerage company in nigeria account, as well as a swap-free account, the use of a free demo trading account and an Alpari Invest account is also made available.
OctaFX is a Forex ECN broker registered by CySEC in St. Vincent and the Grenadines and offers the option to trade on Forex, Indices, Metals and Cryptocurrencies via CFDs, across the Licensed and regulated forex brokerage company in nigeria and cTrader suite of trading platforms as well as their own OctaFX Trading App.
Three main types of trading accounts are on offer — MetaTrader 4 Micro, MetaTrader 5 Pro and cTrader ECN. OctaFX also offers Copy Trading accountsa swap-free account and demo trading accounts, licensed and regulated forex brokerage company in nigeria.
HotForex was established in is well regulated by FCA, CySEC, DFSA, FSCA and SFSA. The account can be accessed from anywhere using an iPhone, interactive charts for 9 timeframes, advanced trading functions, one-click trading, 24 analytical objects, and 30 technical indicators. Tickmill is a Forex and CFD broker with licences from the UK Financial Conduct Authority FCAthe Cyprus Securities and Exchange Commission CySEC and the Seychelles Financial Services Authority FSA.
Three main trading accounts called the Pro Account, Classic Account and VIP Account is on offer, each which offers different minimum balances, maximum leverage, spreads and commissions respectively. Demo trading and Islamic swap-free accounts are also made available. Multilingual client service is available via Telephone, Email, Online Contact Form and Live Chat. AvaTrade is an online broker founded in offering Forex trading, CFDs trading, Spread Betting trading, and Social Trading.
Across all markets, MetaTrader 4 gives traders access to over assets30 advanced charting toolstrading history, and other useful information. Customer support is available by email, phone, or live chat.
com is an online broker founded in and offers Forex trading, Indices trading, Commodities trading, Equities tradingand Cryptocurrencies trading. Traders can choose between the standard, commission, and direct market access accounts paired with both the MT4 and MT5 trading platforms. IQ Option offers traders three trading account to choose from, Retail, Professional and Demo. IQ Option offers the following underlying assets for FX trading. IQ Option offers the following underlying assets for Binary Options trading unfortunately, not available for EU residents.
Payment methods accepted include all the usual options like VISA, MasterCard, Skrill and Neteller, plus a range of other online money transfer services, including AstroPay, Qiwi, and WebMoney. HQ: CyprusAustralia, Belize. XM operates with clients from over countries and offers support in 30 languages. The main branch located in Cyprus is regulated by CySEC.
F our main account types are on offer — Micro, Standard, XM Ultra Low Account and Shares Accounts. Traders can select the base currency of their preference from a large selection on offer. This range includes South African Rand ZARSingapore Dollar SGD and other global currencies. eToro is a leading social trading platform for trading major financial markets including stocks, forex and cryptocurrencies.
eToro is regulated by FCA, CySEC and ASIC. eToro only offers once account type with over 1, different instruments to tradeincluding over 47 currency pairs. The minimum deposit for said account differs by country. eToro offers traders a proprietary trading platform which allows both individua l and social trading.
eToro supports a wide range of languages including English, German, Spanish, French, and Italian via phone and support ticket. Exness is authorised by the Financial Services Authority FSA of Seychelles and was founded in Traders have the ability to trade on Forex and CFDs on Crypto, Metals, Energies, Stocks and Indices on the MetaTrader 4 and MetaTrader 5 trading platforms for Windows, Mac, Linux, Android and iOS and the Exness Web Terminal.
Exness offers traders 5 different trading accounts to choose from. Standard Accounts include the Standard and Standard Cent. Professional Accounts include Raw Spread, Pro and Zero.
The best forex broker in Nigeria
, time: 8:54The Securities and Exchange Commission, Nigeria
A copy of the Dealership Certificate of the authorized dealing clerk being sponsored by the company; A copy of Dealing License of an Exchange; Securities owned by such broker or dealer or in which the broker or dealer has an interest shall be listed in a separate schedule and Estimated Reading Time: 4 mins 07/08/ · OctaFX is a CySEC regulated forex broker that also accepts Nigerian clients. They offer good trading conditions including competitive spread, fixed as well as variable spread MT4 accounts, local Nigerian bank deposit & withdrawal methods, and multiple trading platforms i.e. MT4, MT5 & cTrader for mobile, web, and blogger.comted Reading Time: 8 mins 11/06/ · HotForex is our highest rated forex broker that we recommend for traders in Nigeria. They are a forex and CFD broker, that are regulated with multiple global regulators, so trading with them is considered safe. In terms of regulation, Hotforex is regulated by FSCA in South Africa as well as other reputed regulators like CySEC of Cyprus, FCA of UK
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