View the forex brokers Nigeria comparison below. Justin Grossbard. Justin Grossbard has been investing for the past 20 years and writing for the past 10. He co-founded Compare Forex Brokers in 2014 after working with the foreign exchange trading industry for several years. He also founded a number of FinTech and digital startups including Innovate Online and SMS Comparison. Justin holds a ... If you are a trader from Nigeria and want to start forex trading, be smart to avoid financial scams prevalent on African continent and consider trading with CBN regulated forex brokers. Nigerian forex traders should make sure if depositing in Nigerian NAIRA currency is allowed by your chosen Nigerian forex trading platform! Doing so, can save you future exchange rate fees between USD and NAIRA. FXTM is one of the most famous and widely used forex brokers in Nigeria, mainly because it is affordable to trade with them. This broker offers various account types, and all of them can be funded with the local Naira currency. FXTM has a minimum deposit requirement of ₦2000, which is affordable to most Nigerians. Thus, making it one of the best brokers available to Nigerian traders. In ... Carefully selected list of the Top 10 Best Forex Brokers in Nigeria for Online Trading in 2020. Leave a comment if your favourite one is not on the list. Forex Trading is becoming a great trend not only in Nigeria but all over the world. If you are one of the forex brokers in the world, you would know how addictive it could get and how intensive the amount of money one can have if you know the ... As there is no substantial legal framework for online forex and binary options brokers operating in Nigeria, no authority is overseeing their business activities. Apparently the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) are the bodies who have the power to establish a regulatory framework for trading in OTC derivatives in Nigeria. It’s in their powers to ... Top 10 Best Forex Brokers in Nigeria. Having considered all factors, here is our listing of the best forex brokers Nigeria has to offer. Open an account. 81% of retail investor accounts lose money. Read full review + Add to compare. 1. FXTM. The first broker we have chosen to start our best broker in Nigeria list is FXTM. They are renowned in the industry for being well-regulated and highly ... Forextime or FXTM is the best forex broker in Nigeria, and they are one of the few forex brokers that has local office & phone number in Nigeria. They are safe for Nigerian traders as they are regulated under various trusted jurisdictions such as the UK, Cyprus, and Belize. FXTM is our recommended forex broker for all Nigerian traders.
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