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Best Forex Brokers & Trading Platforms in Nigeria

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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

FXCC

ECN XL Account

Trade CFDs on 70+ currency pairs, crypto-currencies, commodities and indices with leverage up to 1:... More

  • $0 deposit
  • 1:500 leverage
  • 0 pips EUR/USD
  • Regulators: Cyprus (EU) , Nevis
Visit website▷
Best Conditions

LiteFinance

ECN Account

Trade Forex on floating spreads from 0 pips plus commission on MT4 or MT5. Get started from a low $... More

  • $50 deposit
  • 1:1000 leverage
  • 0 pips EUR/USD
  • Regulators: Cyprus (EU) , Saint Vincent and the Grenadines
Visit website▷
Risk warning: 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Best Pro Account

Exness

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
Visit website▷
Risk warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital.

FREE PDF Download

Chart Patterns Cheat Sheet

Learn the fundamentals of technical analysis through 20 classical chart patterns and 100+ interactive charts on TradingView.

Printable cheat sheet
100+ interactive charts
Free technical analysis tools

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Broker Guides

  • Best MetaTrader 5 Brokers

    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.

  • Best MT4 Brokers

    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.

  • Best cTrader Brokers

    Compare award-winning Forex and CFD brokers that support the cTrader platform, including TrustedBrokers' "Best cTrader Broker in 2023".

  • Best Broker for TradingView

    Trade directly from TradingView charts with the "Best Broker for TradingView" in 2023 according to TrustedBrokers.com.

  • Best MT4 Demo Accounts

    Compare MT4 demo accounts with up to $100,000 in virtual funds. Open an account online in minutes to get started.

  • MT4 Crypto Brokers

    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.

  • 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.

  • Best PAMM Accounts

    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.

  • Best Micro Accounts

    Compare Forex brokers in Nigeria with micro accounts, well suited for smaller trade sizes.

  • Best Forex Demo Accounts

    Compare Forex demo accounts up to US$ 100,000 and no time limit. Practice before you pay on MetaTrader 4, 5 or cTrader.

  • FxPro Demo Account

    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 that Allow all EAs

    Compare brokers that allow you to trade without restrictions and accept all Expert Advisors 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.

  • Best STP Forex Brokers

    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.

  • Best ECN Brokers

    Trade Forex and CFDs on raw spreads and low commissions through the following list of true ECN brokers. These are our top choices.

  • ECN Demo Accounts

    Compare ECN demo accounts with balances up to US$ 5 million. Test drive platforms and strategies before trading real money.

  • Best Offshore Brokers

    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.

  • How to Trade Forex in Iran

    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.

  • AED Forex Account

    Compare regulated brokers that accept the UAE dirham (AED) as a base currency for your trading account.

  • AUD Forex Account

    Compare regulated brokers that accept the Aussie dollar (AUD) as a base currency for their trading accounts.

  • BHD Forex Account

    Compare regulated brokers that accept the Bahraini dinar (BHD) as a base currency for their trading accounts.

  • CAD Forex Account

    Compare regulated brokers that accept the Canadian dollar (CAD) as a base currency for your trading account.

  • GBP Forex Account

    Compare regulated brokers that accept the British pound (GBP) as a base currency for their trading accounts.

  • IDR Forex Account

    Compare regulated brokers that accept the Indonesian rupiah (IDR) as a base currency for their trading accounts.

  • INR Forex Account

    Compare regulated brokers that accept the Indian rupee (INR) as a base currency for their trading accounts.

  • KWD Forex Account

    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.

  • MYR Forex Account

    Compare regulated brokers that accept the Malaysian ringgit (MYR) as a base currency for their trading accounts.

  • OMR Forex Account

    Compare regulated brokers that accept the Omani rial (OMR) as a base currency for their trading accounts.

  • SAR Forex Account

    Compare regulated brokers that accept the Saudi riyal (SAR) as a base currency for their trading accounts.

  • PHP Forex Account

    Compare regulated brokers that accept the Philippine peso (PHP) as a base currency for their trading accounts.

  • ZAR Forex Account

    Compare regulated brokers that accept the South African rand (ZAR) as a base currency for your trading account.

  • How to Buy Apple Shares

    Buy or sell CFDs on Apple shares in Nigeria without commission when you open an account with one of the following brokers.

  • How to Buy Tesla Shares

    Buy and sell CFDs on Tesla shares in Nigeria without commission when you open an account with one of these brokers.

  • How to Buy Google Shares

    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

    Here's our 5-step guide to investing in Netflix in Nigeria, including the brokers you'll need to trade US stocks.

  • How to Buy Cannabis 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.

  • How to Trade Stocks Premarket

    Here's how to take advantage of stock market premarket trading opportunities today, and protect yourself across volatility.

  • How to Invest in Gold

    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.

  • Best Gold CFD Brokers

    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.

  • Gold to Dow Ratio Chart

    View the current and historical gold to Dow Jones ratio with our live chart from 1897 to present.

  • Gold to Silver Ratio Chart

    View the current and historical gold to silver ratio chart with our live chart from 1966 to present.

  • Gold Trading Hours

    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.

  • How to Invest in Oil

    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.