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Our reviews are unbiased and reflect our own experience of trading through these brokers.
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Featured Brokers
Best Execution
ECN XL Account
Trade CFDs on 70+ currency pairs, crypto-currencies, commodities and indices with leverage up to 1:... More
Best Conditions
ECN Account
Trade Forex on floating spreads from 0 pips plus commission on MT4 or MT5. Get started from a low $... More
Best Pro Account
Pro Account
Trade CFDs on Forex, crypto-currencies, stocks, indices, metals and energies with dynamic leverage ... More
- $3000 deposit
- 1:500 leverage
- 0.1 pips EUR/USD
- Regulators: BVI, Curaçao, Cyprus (EU) , Kenya, Mauritius, Seychelles, South Africa, UK
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Broker Reviews
NordFX
NordFX (NordFX.com) is a fully offshore Forex broker serving traders worldwide since 2008. Trade with flexible leverage up to 1:1000 on MetaTrader 4.
Pepperstone
Pepperstone (Pepperstone.com) is an award-winning broker regulated in 7 jurisdictions. Trade over 1,200 instruments on MetaTrader 4, 5, TradingView or cTrader. Pepperstone allows all trading styles, with no restrictions.
JustMarkets
JustMarkets (formerly JustForex) is an offshore broker that allows you to trade over 170 instruments on low spreads, and high leverage up to 500 times your initial deposit. It accepts all trading styles on MetaTrader 4 and 5.
LiteFinance
LiteFinance (LiteFinance.com), formerly LiteForex, is a global ECN broker. Trade CFDs on a wide range of markets on Metatrader 4 or 5, with flexible leverage up to 1:1,000. LiteFinance accepts all EAs and trading styles, including scalping and news trading.
FxPro
FxPro (FxPro.com) is a global broker, winner of 95+ awards including "Best FX Service Provider" in 2023. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. FxPro accepts all trading styles without restrictions.
4XC
4xc.com is an offshore broker founded by Forex industry veterans. Trade Forex, metals, oil and stocks with leverage up to 1:500. 4XC accepts all trading styles and Expert Advisors on MT4 and 5.
Exness
Exness is a global offshore broker trusted by over 500,000 active clients. Trade Forex, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with unlimited leverage.
HYCM
HYCM (HYCM.com), formerly HY Markets, is an award-winning regulated online broker. Trade over 300 instruments on fixed or variable spreads over MetaTrader 4 or 5.
HF Markets
HFM (HFM.com), formerly known as Hot Forex, is an award-winning Forex and CFD broker, with accounts tailored to new and experienced traders. Trade a wide range of markets including Forex, stocks, indices and commodities through MetaTrader 4 or 5.
AvaTrade
AvaTrade (AvaTrade.com) is an award-winning online broker. Trade CFDs on Forex, crypto-currencies, shares, metals and more on MetaTrader 4 or 5. AvaTrade accepts all Expert Advisors, except those with a focus on arbitrage.
Fortrade
EagleFX
Trade Forex as well as CFDs on cryptocurrencies, stocks, indices, precious metals and more with an STP/ECN broker. EagleFX (EagleFX.com) allows all trading styles and Expert Advisors the MetaTrader 4 platform.
Equiti
Trade CFDs on 400+ instruments on leverage up to 1:500. Get superior execution through its network of 35+ liquidity providers. Equiti.com accepts all trading styles, without restrictions.
RoboForex
Access over 12,000 instruments, including real equities and CFDs on Forex, crypto-currencies and oil, from a single platform. RoboForex is an offshore broker based in and regulated in Belize.
Broker Guides
Forex Brokers That Pay Interest on Deposits
Compare Forex and CFD brokers that pay interest on the balance of your trading account in Nigeria.
High Leverage Forex Brokers Nigeria
Compare high leverage Forex brokers with leverage up to 1:500 in Nigeria, including the "Best Forex Broker With High Leverage" in 2023 for TrustedBrokers.com.
Forex Brokers Without ID Verification
Open an account in seconds with a broker that doesn't need verification, and trade CFDs on Forex, crypto and shares anonymously.
Up to 100% Bonus on Your First Deposit
Get a deposit bonus up to 100% on your first deposit with the following brokers. Open and fund your account today.
Forex Brokers with Instant Execution
Compare Forex and CFD brokers that provide instant execution, and certainty of pricing in Nigeria.
Brokers with Negative Balance Protection
Protect yourself through negative balance protection. These brokers will prevent your account from entering negative territory.
Say goobye to requotes and failed trades. Open an account with one of the following brokers to trade without requotes.
The question of whether Forex trading is halal or haram (permissible or forbidden) in Islam is a topic of debate among Islamic scholars and practitioners.
Finding a good Shariah-compliant trading account is harder than it sounds. Here's TrustedBrokers' "Best Islamic Broker" in 2023 and reviews of other brokers with swap-free accounts.
Compare the best Islamic trading accounts in Nigeria, including standalone Islamic accounts and others available without swap charges.
MetaTrader 5 is the successor to MetaTrader 4, the world's most popular trading platform. We've reviewed the best MT5 brokers in Nigeria, and highlighted those that allow all trading styles and Expert Advisors.
We've reviewed the best MT4 brokers in Nigeria, and highlighted those that accept all Expert Advisors and trading styles. Visit their website to download MetaTrader 4 and get started.
Compare award-winning Forex and CFD brokers that support the cTrader platform, including TrustedBrokers' "Best cTrader Broker in 2023".
Trade directly from TradingView charts with the "Best Broker for TradingView" in 2023 according to TrustedBrokers.com.
Compare MT4 demo accounts with up to $100,000 in virtual funds. Open an account online in minutes to get started.
Trade crypto with high leverage and tight spreads over MT4 with the following award-winning brokers, including the "Best MT4 Crypto Broker" in 2023 for TrustedBrokers.
Trade crypto with high leverage and tight spreads over MT5 with the following award-winning brokers, including the "Best Crypto CFD Broker" in 2023 for TrustedBrokers.com.
Best Forex Brokers for Beginners
Compare the best Forex brokers for beginners in Nigeria. We'll also touch on 5 things to look for in a Forex trading account.
Forex Brokers with Fixed Spreads
Compare Forex brokers in Nigeria with fixed spreads, whatever the market conditions, to make the most of market volatility.
A PAMM account could be right for you if you lack the time or experience to trade Forex. Sit back, relax and let others invest on your behalf.
PAMM Accounts for US Residents
If you're US resident or national living abroad, you may have a hard time finding a broker who'll accept you. Here's how to open a PAMM account in 3 steps.
Compare Forex brokers in Nigeria with micro accounts, well suited for smaller trade sizes.
Compare Forex demo accounts up to US$ 100,000 and no time limit. Practice before you pay on MetaTrader 4, 5 or cTrader.
Practice like a pro with FxPro's demo account. Here's how to open a virtual account with a $100,000 balance today.
Best Professional Trading Accounts
Enjoy higher leverage today and negative balance protection with a professional trading account. We've compared the best pro trading accounts in Nigeria, and reviewed their eligibility criteria.
Best Forex VIP Trading Accounts
Here's our review of the best VIP trading accounts with razor-thin spreads and other benefits when you make a large deposit.
Best Corporate Forex Trading Accounts
A handful of brokers allow you to open a Forex trading account in your company's name. We've reviewed their accounts below, and called out 4 criteria to look out for.
Brokers with Automated Trading
Compare Forex brokers who support automated trading strategies on MT4, MT5 and cAlgo in Nigeria.
Best Forex Brokers for Scalping
The following brokers support all trading styles, including scalping on MT4, MT5 or cTrader. Open an account in minutes.
Compare live Forex trading accounts from STP brokers, including DMA and ECN STP brokers, in Nigeria. Understand how STP brokers work and what this means for you.
Forex Brokers with Direct Market Access
Compare Forex brokers with Direct Market Access (DMA) in Nigeria. Trade directly with Tier 1 liquidity providers in the Forex interbank market.
Compare ECN commissions and liquidity providers in one place. Trade from just US$ 1.8/lot
Compare true ECN Forex brokers. Sort, filter and rank their ECN accounts based on your personal trading preferences and initial deposit.
Compare ECN demo accounts with balances up to US$ 5 million. Test drive platforms and strategies before trading real money.
ECN brokers often allow you to trade faster and on tighter spreads than others. You're anonymous and your orders go straight to market, which can bring peace of mind if you're worried your broker might trade against you.
Brokers with Segregated Accounts
Protect your funds when good times go bad. Compare Forex brokers with segregated accounts.
If you're looking for the best offshore broker for day trading, look no more. Here's our selection of high leverage regulated offshore brokers. You'll also find direct links to their offshore registration pages.
Overseas Forex Brokers for US Residents
If you're a US trader looking for an overseas broker to trade Forex, stocks or crypto, look no more. Open an account without ID verification with EagleFX.com in minutes.
AvaTrade Offshore Trading Account
Let me show you how to leverage up to 400 times with AvaTrade, even if you live in a country where leverage is capped. Stay with us, whether you’re a new or an existing customer.
FxPro Offshore Trading Account
Let me show you how to leverage up to 200 times with FxPro, even if you live in a country where leverage is capped. This will be of interest whether you’re a new or an existing FxPro customer.
If you live in Iran and are looking to trade CFDs on Forex, stocks or even crypto-currencies, you can open an account with HYCM (HYCM.com). Their service is available in English and in Farsi.
Brokers that Accept Binance Pay
Only a handful of brokers accept Binance Pay for deposits and/or withdrawals from your trading account.
Forex Brokers that Accept Bitcoin
Are you looking for ways to invest your crypto? Compare Forex brokers that accept Bitcoin deposits.
Forex Brokers that Accept China UnionPay
Compare Forex brokers that accept China UnionPay (CUP) for deposits and withdrawals.
Brokers that Accept Broker-to-Broker Transfers
Fund your trading account with the following brokers through a broker-to-broker transfer.
Forex Brokers that Accept Credit Cards
Compare Forex brokers that accept credit cards to fund your online trading account. Understand the pros and cons of using a credit card to trade online, from your very deposit to your first withdrawal.
Forex Brokers that Accept Debit Cards
A debit card is a fast and cost-effective way to fund your online trading account. Compare Forex brokers and online trading platform that process deposits in hours.
Forex Brokers that Accept Ethereum
Compare Forex brokers and trading platform that accept Ethereum for deposits and withdrawals.
Forex Brokers that Accept Monero
LiteForex (LiteFinance.com) is the only Forex broker in our panel to accept Monero for deposits and withdrawals.
Forex Brokers that Accept NETELLER
Compare Forex brokers and trading sites that accept NETELLER for deposits and withdrawals. Fund your trading account instantly and withdraw gains to a prepaid Mastercard®.
Forex Brokers that Accept PayPal
Compare Forex brokers that accept Paypal for deposits and withdrawals. And find out more about PayPal's fees, limits and withdrawal options.
Forex Brokers that Accept Skrill
Compare Forex brokers that accept Skrill for deposits and withdrawals. And learn how you could withdraw your profits from millions at ATMs worldwide with Skrill's Prepaid Mastercard.
Forex Brokers that Accept Tether (USDT)
Use Tether (USDT) for deposits and withdrawals to your trading account with one of the following Forex brokers.
Compare regulated brokers that accept the UAE dirham (AED) as a base currency for your trading account.
Compare regulated brokers that accept the Aussie dollar (AUD) as a base currency for their trading accounts.
Compare regulated brokers that accept the Bahraini dinar (BHD) as a base currency for their trading accounts.
Compare regulated brokers that accept the Canadian dollar (CAD) as a base currency for your trading account.
Compare regulated brokers that accept the British pound (GBP) as a base currency for their trading accounts.
Compare regulated brokers that accept the Indonesian rupiah (IDR) as a base currency for their trading accounts.
Compare regulated brokers that accept the Indian rupee (INR) as a base currency for their trading accounts.
Do you wonder which broker has KWD as a currency? Look no more. We've reached out to 20+ Forex brokers, and found 2 such brokers with a KWD trading account.
Compare regulated brokers that accept the Malaysian ringgit (MYR) as a base currency for their trading accounts.
Compare regulated brokers that accept the Omani rial (OMR) as a base currency for their trading accounts.
Compare regulated brokers that accept the Saudi riyal (SAR) as a base currency for their trading accounts.
Compare regulated brokers that accept the Philippine peso (PHP) as a base currency for their trading accounts.
Compare regulated brokers that accept the South African rand (ZAR) as a base currency for your trading account.
Buy or sell CFDs on Apple shares in Nigeria without commission when you open an account with one of the following brokers.
Buy and sell CFDs on Tesla shares in Nigeria without commission when you open an account with one of these brokers.
Buy and sell CFDs on Alphabet (Google) shares in Nigeria without commission when you open an account with one of these brokers.
How to Invest in Netflix in Nigeria
Here's our 5-step guide to investing in Netflix in Nigeria, including the brokers you'll need to trade US stocks.
Trading the hottest cannabis stocks is easier than you think. Buy or sell CFDs on the shares of leading growers through FPMarkets.com with flexible leverage.
Here's how to take advantage of stock market premarket trading opportunities today, and protect yourself across volatility.
Gold is rising as inflation persists and geo-political tensions take centre stage. We've reviewed 3 proven strategies to help you invest in gold, and discussed their pros and cons.
Trade spot Gold CFDs on tight spreads and with superior execution with the following award-winning brokers.
How to Invest in GLD, GDX and other Gold ETFs
Buying gold in the stock market through an ETF is easier than you think. We've reviewed the 5 best gold ETFs, including GLD and GDX.
View the current and historical gold to Dow Jones ratio with our live chart from 1897 to present.
View the current and historical gold to silver ratio chart with our live chart from 1966 to present.
Gold trades 24 hours a day from Sunday afternoon to Friday (GMT) across the world's financial centres. Here are gold trading hours, including the market open time, in London, New York and Shanghai.
Understand how you can get exposure to the price of oil through CFDs or ETFs in Nigeria. We'll discuss the pros and cons of each approach, and explain how you can get started.
How to Trade EU Carbon Credits
Trade European carbon credit futures through Equiti.com, an award-winning global CFD broker. To the best of our knowledge, Equiti is the only CFD broker to support trading in carbon credit futures.