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Best Forex Brokers in Nigeria 2021

List of the best forex brokers accepting residents of Nigeria in 2021, sorted by user ratings. Verify each broker's regulatory status and how strongly regulated they are. Compare the minimum deposit required to open a CFDs trading account and the maximum leverage available of each broker. Compare which brokers are offering the availability of cent accounts (ideal for forex beginners or traders with low investments), the brokers with availability of Islamic accounts, without rollover fees (swap-free), and check out the tradable asset classes (including commodities, FX and cryptocurrencies) of each broker.
Broker Category Regulation Overall rating User rating Pricing rating Regulatory rating Popularity Minimum deposit Maximum leverage Rebate options Funding Methods Trading platforms Year Founded Cent accounts Negative balance protection MAMM/PAMM Social trading Regulatory deposit insurance Islamic accounts (swap-free) Accepts Canadian clients Accepts Japanese clients Scalping allowed Account currency Execution model Mobile platform Asset classes Languages Trading API Trailing stops Bonuses Interest on margin Fixed spread Variable spread
IC Markets
Forex Brokers Cryptocurrency Brokers
Australia - AU ASIC Cyprus - CY CYSEC Seychelles - SC FSA
4.9 Excellent
(289)
4.7 Excellent
5.0 Excellent
5.0 Excellent
5.0 Excellent
200 500
Spread or commission reduction Monthly Cash Back - Real Time Reports Monthly Cash Back
Bank Wire Broker to Broker China Union Pay Credit Card Neteller Paypal +2 More
MT4 MT5 WebTrader cTrader
2007
AUD CHF EUR GBP JPY NZD +3 More
ECN
MT4 Mobile cTrader Mobile
Futures Forex Shares Indices Bonds Oil/Energies +3 More
Arabic Chinese English French German Indonesian +8 More
Tickmill
Forex Brokers
Cyprus - CY CYSEC United Kingdom - UK FCA Seychelles - SC FSA
5.0 Excellent
(126)
4.8 Excellent
5.0 Excellent
5.0 Excellent
5.0 Excellent
100 500
Monthly Cash Back
Bank Wire China Union Pay Credit Card FasaPay Neteller QIWI Wallet +4 More
MT4 WebTrader
2014
EUR GBP PLN USD
STP DMA NDD
MT4 Mobile
Forex Metals
Arabic Chinese English German Indonesian Italian +8 More
RoboForex
Forex Brokers
Cyprus - CY CYSEC Belize - BZ IFSC Seychelles - SC FSA
4.9 Excellent
(82)
4.6 Excellent
5.0 Excellent
5.0 Excellent
5.0 Excellent
0 1000
Direct to broker account (Daily) Monthly Cash Back
Bank Wire China Union Pay Credit Card EPS Giropay iDeal +15 More
MT4 MT5 cTrader Proprietary
2009
EUR GLD USD CNY
STP DMA
MT4 Mobile MT5 Mobile Proprietary
Forex Indices Metals ETFs
Arabic Chinese English German Indonesian Italian +7 More
ThinkMarkets
Forex Brokers Cryptocurrency Brokers
Australia - AU ASIC United Kingdom - UK FCA South Africa - ZA FSCA Seychelles - SC FSA Bermuda - BA BMA
4.7 Excellent
(24)
4.6 Excellent
5.0 Excellent
5.0 Excellent
4.0 Good
0 500
Monthly Cash Back
Bank Wire China Union Pay GlobalCollect Neteller Skrill (Moneybookers) Webmoney
MT4 MT5 Proprietary
2010
AUD CAD EUR GBP JPY NZD +1 More
ECN/STP
MT4 Mobile MT5 Mobile Proprietary
Futures Forex Indices Oil/Energies Cryptocurrencies Metals
Arabic Chinese English German Greek Indonesian +6 More
Global Prime
Forex Brokers
Australia - AU ASIC Vanuatu - VU VFSC Seychelles - SC FSA
4.1 Good
(18)
4.7 Excellent
4.5 Excellent
4.0 Good
3.0 Average
200 100
Commission reduction Monthly Cash Back - Real Time Reports
AstroPay Bank Wire BPAY Credit Card FasaPay Neteller +10 More
MT4
2010
AUD CAD EUR GBP SGD USD
ECN
MT4 Mobile
Forex Metals
English Portuguese Thai
Exness
Forex Brokers Cryptocurrency Brokers
Seychelles - SC FSA
3.5 Average
(16)
4.8 Excellent
4.0 Good
2.0 Below Average
3.0 Average
1 2000
Direct to broker account (Daily) Monthly Cash Back
AstroPay Bank Wire Bitcoin CashU Credit Card FasaPay +9 More
MT4 MT5
2008
AUD CAD CHF DKK EUR GBP +53 More
MM
MT4 Mobile MT5 Mobile
Forex Shares Indices Oil/Energies Cryptocurrencies Metals
Arabic Chinese English Hindi Indonesian Korean +8 More
Tradeviewforex
Forex Brokers
Cayman Islands - KY CIMA
3.7 Good
(11)
4.8 Excellent
5.0 Excellent
2.0 Below Average
3.0 Average
0 400
Monthly Cash Back Monthly Cash Back - Real Time Reports
Bank Wire China Union Pay Credit Card EgoPay FasaPay Neteller +9 More
cTrader MT4 WebTrader Proprietary MT5
2004
EUR GBP JPY USD
ECN/STP
cTrader Mobile MT4 Mobile Proprietary MT5 Mobile
Futures Forex Shares Indices Metals ETFs
Arabic Chinese English Hindi Italian Japanese +4 More
XM Group
Forex Brokers
Australia - AU ASIC Cyprus - CY CYSEC United Kingdom - UK FCA Belize - BZ IFSC United Arab Emirates - AE DFSA
4.5 Good
(123)
4.4 Good
3.5 Good
5.0 Excellent
5.0 Excellent
5 0
Monthly Cash Back Direct to your XM MyWallet (2x weekly)
Bank Wire Neteller Skrill (Moneybookers)
MT4 MT5 WebTrader
AUD CHF EUR GBP HUF JPY +5 More
MM
MT4 Mobile MT5 Mobile
Futures Forex Indices Oil/Energies Metals Soft Commodities (coffee, sugar...)
Arabic Bulgarian English French German Greek +12 More
Pepperstone
Forex Brokers Cryptocurrency Brokers
Australia - AU ASIC Cyprus - CY CYSEC United Kingdom - UK FCA United Arab Emirates - AE DFSA Bahamas - BS SCB
4.5 Good
(82)
4.4 Good
4.5 Excellent
5.0 Excellent
4.0 Good
200 500
Direct to broker account (Daily) Monthly Cash Back
Bank Wire BPAY China Union Pay Credit/Debit Card Neteller Paypal +3 More
cTrader MT4 MT5
2010
AUD CHF EUR GBP JPY NZD +3 More
ECN/STP
MT4 Mobile MT5 Mobile
Forex Shares Indices Oil/Energies Cryptocurrencies Metals +2 More
Arabic English French German Italian Polish +5 More
HotForex
Forex Brokers Cryptocurrency Brokers
South Africa - ZA FSCA Seychelles - SC FSA
4.2 Good
(59)
4.2 Good
4.5 Excellent
3.0 Average
5.0 Excellent
5 1000
Direct to broker account (After $5) Monthly Cash Back
Bank Wire iDeal Neteller PaySafeCard Przelewy24 Skrill (Moneybookers) +4 More
MT4 MT5 WebTrader
2010
EUR USD
MM
MT4 Mobile MT5 Mobile
Forex Shares Indices Oil/Energies Cryptocurrencies Metals
Arabic Chinese English French German Indonesian +14 More
FxPro
Forex Brokers Cryptocurrency Brokers
Cyprus - CY CYSEC United Kingdom - UK FCA South Africa - ZA FSCA Bahamas - BS SCB
4.7 Excellent
(45)
4.4 Good
4.5 Excellent
5.0 Excellent
5.0 Excellent
100 500
Monthly Cash Back
Bank Wire Broker to Broker China Union Pay Credit/Debit Card Neteller Paypal +2 More
MT4 WebTrader cTrader MT5
2006
AUD CHF EUR GBP JPY PLN +2 More
NDD
MT4 Mobile cTrader Mobile MT5 Mobile
Futures Forex Shares Indices Oil/Energies Cryptocurrencies +2 More
Arabic Chinese English French German Greek +15 More
FXTM
Forex Brokers
Cyprus - CY CYSEC United Kingdom - UK FCA Mauritius - MU FSC South Africa - ZA FSCA
4.1 Good
(37)
4.5 Excellent
3.5 Good
5.0 Excellent
3.5 Good
50 2000
Monthly Cash Back
Bank Wire Bitcoin FasaPay Neteller QIWI Wallet Skrill (Moneybookers) +2 More
MT4 WebTrader MT5
2012
EUR GBP USD NGN
MM ECN
MT4 Mobile
Forex Shares Indices Oil/Energies Metals
Arabic Chinese English French Indonesian Italian +8 More
FxOpen
Forex Brokers Cryptocurrency Brokers
Australia - AU ASIC United Kingdom - UK FCA Saint Kitts and Nevis - Non-Regulated
4.7 Excellent
(34)
4.1 Good
5.0 Excellent
5.0 Excellent
4.5 Excellent
10 500
Monthly Cash Back
Bank Wire Bitcoin China Union Pay FasaPay IntellectMoney Litecoin +10 More
MT4 MT5 WebTrader
2005
AUD CHF EUR GBP GLD JPY +7 More
ECN/STP
MT4 Mobile MT5 Mobile
Forex Indices Oil/Energies Cryptocurrencies
Arabic Chinese English French German Indonesian +6 More
FP Markets
Forex Brokers
Australia - AU ASIC Cyprus - CY CYSEC Saint Vincent and The Grenadines - SVG FSA
4.5 Excellent
(28)
4.5 Excellent
4.5 Excellent
5.0 Excellent
4.0 Good
100 500
Spread or commission reduction Monthly Cash Back
Bank Wire Broker to Broker FasaPay Neteller Paypal POLi +1 More
MT4 MT5 WebTrader
2005
AUD CAD CHF EUR GBP JPY +4 More
ECN/STP
MT4 Mobile MT5 Mobile
Forex Metals
Arabic English French German Indonesian Italian +6 More
Axi
Forex Brokers Cryptocurrency Brokers
Australia - AU ASIC United Kingdom - UK FCA United Arab Emirates - AE DFSA Saint Vincent and The Grenadines - SVG FSA
4.6 Excellent
(27)
4.4 Good
5.0 Excellent
5.0 Excellent
4.0 Good
0 500
Monthly Cash Back - Real Time Reports Monthly Cash Back
Bank Wire BPAY Broker to Broker China Union Pay Credit Card FasaPay +8 More
MT4 WebTrader
2007
AUD CAD CHF EUR GBP JPY +5 More
STP
MT4 Mobile
Forex Indices Oil/Energies Metals
Arabic Chinese English German Italian Polish +5 More
AvaTrade
Forex Brokers Cryptocurrency Brokers
Australia - AU ASIC Japan - JP FSA Ireland - IE CBI South Africa - ZA FSCA United Arab Emirates - ADGM FRSA British Virgin Islands - BVI FSC
3.8 Good
(25)
4.3 Good
3.0 Average
5.0 Excellent
3.0 Average
100 400
Monthly Cash Back
Bank Wire Credit Card Neteller Paypal Skrill (Moneybookers) Webmoney +1 More
MT4 MT5
2006
AUD EUR GBP JPY USD
MM
MT4 Mobile
Futures Forex Shares Indices Bonds Oil/Energies +4 More
Arabic Chinese English French German Indonesian +8 More
FXDD Trading
Forex Brokers
Mauritius - MU FSC Malta - MT MFSA
4.3 Good
(20)
4.2 Good
4.0 Good
5.0 Excellent
4.0 Good
0 500
Monthly Cash Back
Bank Wire China Union Pay Neteller
MT4 MT5 WebTrader
2002
EUR JPY USD
MM ECN/STP
MT4 Mobile
Forex Oil/Energies
Arabic Chinese English Italian Japanese Spanish +1 More
FXCM Markets
Forex Brokers
Australia - AU ASIC United Kingdom - UK FCA South Africa - ZA FSCA
4.1 Good
(11)
4.4 Good
4.0 Good
5.0 Excellent
3.0 Average
50 400
Monthly Cash Back
Bank Wire China Union Pay Credit/Debit Card Neteller Skrill (Moneybookers)
Proprietary MT4 WebTrader
1999
USD
MM NDD
Proprietary MT4 Mobile
Forex
Arabic Chinese English French German Greek +2 More
FxPrimus
Forex Brokers
Cyprus - CY CYSEC South Africa - ZA FSCA Vanuatu - VU VFSC
4.0 Good
(10)
4.3 Good
3.5 Good
5.0 Excellent
3.0 Average
100 500
Monthly Cash Back
Bank Wire Bitcoin China Union Pay Credit/Debit Card FasaPay Giropay +6 More
MT4 WebTrader
2009
EUR GBP PLN SGD USD ZAR
STP
MT4 Mobile
Forex Indices Oil/Energies Metals
Arabic Chinese English Hungarian Portuguese Russian +4 More
Admirals
Forex Brokers Cryptocurrency Brokers
Australia - AU ASIC Cyprus - CY CYSEC United Kingdom - UK FCA
4.5 Excellent
(1)
4.0 Good
5.0 Excellent
5.0 Excellent
4.0 Good
100 30
Monthly Cash Back
Bank Wire Credit/Debit Card iDeal Neteller Paypal Przelewy24 +2 More
MT4 WebTrader MT5
2001
AUD EUR GBP SGD USD
MM
MT4 Mobile MT5 Mobile
Futures Forex Shares Indices Bonds Oil/Energies +4 More
Arabic Bulgarian Chinese English French German +5 More
Orbex
Forex Brokers
Cyprus - CY CYSEC Mauritius - MU FSC
3.5 Good
(2)
3.0 Average
3.0 Average
5.0 Excellent
3.0 Average
200 500
Monthly Cash Back
Bank Wire FasaPay Neteller Skrill (Moneybookers) Webmoney
MT4
2010
EUR GBP PLN USD
NDD
MT4 Mobile
Forex Indices Oil/Energies Metals
Arabic Chinese English German Italian Japanese +5 More
BDSwiss
Forex Brokers Cryptocurrency Brokers
Cyprus - CY CYSEC Mauritius - MU FSC Seychelles - SC FSA
3.1 Average
4.0 Good
5.0 Excellent
3.5 Good
0 1000
Monthly Cash Back
Bank Wire Credit/Debit Card EPS Giropay iDeal Neteller +4 More
MT4 MT5 WebTrader
2012
CHF DKK EUR GBP SEK USD +1 More
MM STP NDD
MT4 Mobile MT5 Mobile
Forex Shares Indices Oil/Energies Metals
Arabic Chinese English Dutch French German +21 More
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