Online forex trading is relatively new in Nigeria and there are no specific rules or requirements regulating this activity. Therefore, the Association of Online Forex Trading has been formed to work closely with the Central Bank of Nigeria (CBN) to monitor and regulate this market. At present, it is better to choose an international forex broker that accepts clients from Nigeria and has oversight by one or more trustworthy forex regulators. By taking into account the minimum deposit, regulation, customer service, website languages, etc, we selected TOP 10 forex broker serviced in Nigeria.
FXCM
FXCM presents itself as a leading international provider of online forex trading, CFD trading, and related services. Founded in 1999 and headquartered in London, UK, the company’s mission is to give traders around the world access to the world’s largest and most liquid markets by providing innovative trading tools, employing talented trading mentors, meeting strict financial standards, and striving to provide the best online trading experience in the market. FXCM is currently authorized and regulated by two tier-one regulators: FXCM AUSTRALIA PTY. LIMITED, authorized and regulated by the Financial Conduct Authority (FCA)
MultiBank Group
MultiBank Group is under valid regulations by several watchdogs, including the Australian Securities & Investments Commission (ASIC), the Spanish National Securities Market Commission (CNMV), DuBai Financial Services Authority (DFSA) as well as offshore regulator – British Virgin Islands Financial Services Commission (BVI FSC). For more trading details and company proflies abou this broker, Plaese check our full MultiBank Group review.
LMAX
LMAX Global offers brokers and professional traders around the world access to deep institutional FX liquidity, tight spreads and transparent, precise execution with no ‘last look’ rejections.
We operate regulated FX brokers in the UK (FCA), Europe (CySec) and New Zealand (Registered Financial Service Provider). All LMAX Global clients have access to our liquidity pools in London, New York and Tokyo and are able to trade over 100 instruments: FX, metals, equity indices, commodities and crypto CFDs
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