Forex brokers in Nigeria are quite few when it comes to dealing with genuine ones. Many online companies and individuals that parade themselves as forex brokers are scammers and should never be given any attention whatsoever. After some research, I was able to come up With Top 10 Forex Brokers in Nigeria. Their ranking on this page is determined by their review by forex traders. Let’s get down to the business of the day.
NOTE: ALL THE FOREX BROKERS HAVE A DEMO ACCOUNT AVAILABLE FOR USERS.
TOP 10 FOREX BROKERS IN NIGERIA
10. ForexTime.com [FXTM]
The founder of this award winning forex broker is Andrey Dashin, the person behind Alpari Forex Broker. FXXTM has received numerous awards as one of the leading forex brokers in the world. When it comes to FXTM, the minimum deposit is $5 with a trading bonus of over 200%. That’s quite huge if you ask me. They have a headquarter in Cyprus and housed in a luxurious five-story building.
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This forex broker known just how to run promotion because I can’t stop seeing them each time I go online, especially if my keywords contains forex. This broker is based on Russia but operates in Asia. They have so many complexes in London and have also received a lot of award as one of the top leading forex brokers in the world. InstForex minimum deposit is $1 with a bonus rate of 250%. No one has an excuse why they can’t trade.
This company was founded in 2006 with its headquarter in British Virgin Islands. AVATRADE is one of the top players when it comes to forex trading and they deserve a spot on this list. The minimum deposit is $100 with a trading bonus of 40%.
7. XM Broker
This forex broker has over 500 thousand clients and counting. They have done well to establish themselves as one of the best in business I can’t help but give them the seventh spot. XM broker has no minimum deposit and their trading bonus is 60%. They are based in Cyprus and managed By Trading Point Holding Ltd.
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Founded in 2003 and owned by the XTB Limits. Many have regarded XTrade as a world class forex broker I couldn’t agree more because their reputation in the forex world precedes me. They have a minimum deposit of $100 with a trading bonus of 60%.
This is one of the safest forex platforms to trade forex, commodities, CFDs and indices. They have won many awards and the 5th spot is deserving of them. This forex broker has no minimum deposit, but they have a trading bonus of 100%. It is a known fact that FXPrimus is a major sponsor of Manchester City Football Club in England.
Most of the top forex brokers have a registered office in Cyprus and I keep wondering, what’s up with this place? Well, EToro is one of the biggest in the forex industry. One unique attribute that set them aside from other brokers is that they give users the ability to take a peep at other user’s financial activity, helping them make the right decision. EToro has a minimum cash deposit of $200 with a trading bonus of $1,000. That’s a lot of money my dear.
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Alpari is among the biggest fishes as long as the world of forex is concerned. Their minimum deposit is $200. But they do not accept USA traders.
This forex broker is owned and operated by Safecap Investment Ltd. Just like other top forex broker companies, they a headquarter in Cyprus and they are fully licensed and regulated by CySEC & FSB. Their minimum deposit is $100 with a bonus rate of $25.
Ladies and gents, here is the top forex broker in the world and they have remained on top of the ladder since 2006. FXPro is a professional forex broker and reputable in all dealings, FXPro UK limited is authorized and regulated by the UK Financial Conduct Authority with a registration no. 509956. They are and will remain the best if their pace is increased.
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If you’re a forex trader in Nigeria and your aim was to discover top forex brokers or companies, in hope this article have been most helpful. If you have any question, don’t hesitate to ask using the comment box.