Best Forex Trading Companies In Nigeria (2018)

Best Forex Trading Companies In Nigeria (2018)

Best Forex Trading Companies In Nigeria (2018 List).

 

best forex trading companies

best forex trading companies

 

If you are looking for the best forex trading companies in Nigeria, then search no further because, in this article, I will list out and explain the best forex trading companies in Nigeria, though their head office may be in another country, they operate in Nigeria as well.

 

The real and genuine forex brokers in Nigeria are relatively few.

There are a lot of forex trading companies and individuals that go about parading themselves as real forex brokers, while they dupe investors of their hard earned income.

 

Forex Trading As An Investment.

Since forex trading is a very serious investment scheme, it is then important that you have to find a real and trustworthy forex broker and forex trading companies to do business with in order for you not to regret when it gets to the time for you to reap where you sowed.

Majority of the forex brokers and forex trading companies you see around are not real, you could as well label them as fraudsters.

 

They are looking for every possible means to rip you of your money and that is why it is best you trade with the highest possible caution.

In view of the above, I have compiled a list of the 10 best forex trading companies in Nigeria.

 

It is, however, important to note that the forex trading companies in Nigeria which I would be listing are available to use for investors and they are free.

What you are only required to do is to make a deposit (invest) and start trading in order for you to start making your money.

Note that there are no extra charges or fee attached apart from the fee you pay as deposit.

 

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Scammy paly

If any forex broker or forex trading company request that you pay any extra fee apart from the money you pay as deposit, you are best advised to stop trading with them or even go as far as reporting them to the authorities who will deal with them.

What is also good about this whole thing is that the forex brokers and forex trading companies are available for starters who are looking to invest for the first time as well as those who have been in the business fora long ago and are looking to continue investing.

 

There is no favoritism attached and you can trade with them at any point in time.

 

The last thing you should know before we move into the best forex trading companies in Nigeria is that you can invest with any amount of money you have.

 

However, the money you are willing to invest must be approved by the forex broker. All in all, there is no minimum deposit attached or stated for you to invest with.

 

THE BEST FOREX TRADING COMPANIES IN NIGERIA

The list below contains the best forex trading companies in Nigeria. The list of the best forex trading companies in Nigeria is made available through reviews by forex brokers. The list includes:

 

FXPro    (

Best Forex Trading Companies In Nigeria (2018)

)

FXPro is said to be the number one forex trading company in the world and they have been leading the pack since the year 2006.

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FXPro operates professionally and they do not settle for play. FXPro UK Limited is given license, regulated and authorized by the UK Financial Conduct Authority.

 

FXPro after being authorized, they were given the registration number 509956. In addition, FXPro financial services limited (money aspect) is said to be authorized and regulated by the Cyprus Securities and Exchange Commission.

 

As I said earlier, FXPro is licensed to operate and that is why they have a license number of 078/07.

FXPro is still the best forex trading company and they will continue to remain the best if their service is being hastened up.

 

Alpari    (

Best Forex Trading Companies In Nigeria (2018)

)

Alpari is a forex trading company which invites you as an individual to engage in forex trading with them and they promise you the best service you can ever get.

 

Alpari is recognized to be the Company of the Year on the forex market. Alpari is also seen to be amongst the biggest forex trading company as long as the forex world is concerned.

 

However, their minimum deposit is known to be $200. And they also do not accept forex traders from the USA. Let us take a look at what they offer and what they do not offer.

 

Alpari is said and known to be a highly successful forex trading company with a lot of experience.

On the basis of security and reliability, they are number one and you would be assured that you are trading with the best in the forex trading world.

 

  1. Minimum Deposit – Their minimum deposit is $200
  2. Trading Bonus – N/A
  3. Regulators – Their regulators are CYSEC
  4. They do not accept USA Traders as I have previously mentioned
  5. Demo Account – They have made a demo account available

 

Markets.com     (

Best Forex Trading Companies In Nigeria (2018)

)

Markets.com is another top forex trading company. It is owned and managed by Safecap Investments Limited.

 

Having the similarity like other forex trading companies, their headquarters is located in Cyprus. Markets.com is licensed by CySEC and FSB.

 

Their minimum deposit is said to be $100, unlike Alpari whose own is $200. They also have a trading bonus of $25.

 

Like I had previously stated, their regulators are CYSEC and FSB. Also, Markets.com do not accept USA Traders.

 

They also have a demo account made available.

 

If you are trading with Markets.com, you can benefit at every level from the packed resource laboratory.

 

The interesting thing that comes with markets.com is that they offer exclusive market breakdown, live webinars, seminars, ebook, and video libraries.

 

In addition to all those, they also have a free 1-on-1 individual training with their personal account manager.

 

EToro      (

Best Forex Trading Companies In Nigeria (2018)

)

Etoro is also regarded as one of the biggest forex trading company in the forex trading world, and they have existed for many years now.

 

EToro brokers is an individual trading and multi-asset company which has offices registered in different parts of the world notably in Cyprus, Israel and in the United Kingdom.

 

The good thing that comes with Etoro is that they permit their users to monitor the financial trading activity of their fellow users and imitate them in order to make their own trades and do their own business.

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Their minimum deposit is $200. And they also have a whopping trading bonus of $1,000.

 

They are licensed and so they have their regulators to be NFA and CYSEC. They do not also accept traders from the USA.

 

And they also have a demo account made available.

 

EToro has over 4.5million registered users and that is why they are a big player in the forex trading world.

 

They also boast of the best trading platforms while being regulated and fully licensed.

 

FXPrimus      (

Best Forex Trading Companies In Nigeria (2018)

)

FXPrimus is said to be one of the safest trading platforms to trade forex and commodities while having CFDs and Indices.

 

FXPrimus was founded on the basis of security in order to achieve success. And that is why they are seen as one of the safest trading platforms.

 

FXPrimus do not have a minimum deposit, which means you can deposit any amount of money which you have. Their trading bonus has a full percentage of 100%.

 

They are regulated by CYSEC and FCA. They do not also accept traders from the USA. And they have a demo account made available.

 

FXPrimus has a name, in fact, they have one of the best security which also brings out success and excellence.

 

FXPrimus is one of the major and leading sponsors of Manchester City Football club located in England.

 

They also have over 100,000 existing clients which shows that they are booming in all fronts.

 

XM Broker      (

Best Forex Trading Companies In Nigeria (2018)

)

XM Broker is said to have over 500,000 clients and that is why they are seen and recognized to be one of the forex brokers which people cherish so much and go to.

 

XM Broker is located in Cyprus and they are managed by Trading point Holdings Limited.

 

They have a registration number of 322690 and their location in Cyprus is 12, Richard and Verengaria Street, Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus.

 

XM Broker does not have any minimum deposit cash attached. They have a trading bonus of $100.

 

They have only one regulator in CYSEC and it is not stated if they accept USA Traders or not. Their demo account cost a whopping $100,000.

 

If you trade with XM Broker, you would be in safe hands because you would be assured of your return.

 

Try trading with XM Broker today if you are looking to trade with a forex trading company.

 

XTrade        (

Best Forex Trading Companies In Nigeria (2018)

)

XTrade is said to be world class in all ramifications when it comes to trading.

XTrade was established in the year 2003 and it is owned and managed by XTB Limits.

They have been classified as one of the best forex brokers ever to have existed.

XTrade has its minimum deposit to be $100. They also have their trading bonus to be at 60%.

 

They are regulated by the ever-present CYSEC. They do not also accept traders from the USA. And they have made their demo account available.

 

XTrade is very reliable, safe and efficient if you are seeking to trade forex. Xtrade also possesses some of the best trading software and their trading system supports both mobile and web trading which makes it unique from others.

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AVATRADE         (

Best Forex Trading Companies In Nigeria (2018)

)

AVATRADE has its headquarters located in the British Virgin Islands and they are regulated by the Irish Authority (MIFID) and ASIC.

 

Avatrade came into existence in the year 2006 and since then it has grown to become one of the biggest forex brokers.

 

AVATrade is owned and operated by the Ava Capital Markets limited, which is a subsidiary of Ava financial limited.

 

They are seen and have been labeled as one of the most reliable forex brokers in the world.

 

Their minimum deposit is $100. And they have a trading bonus which is fixed at 40%. Their regulators are MIFID and ASIC.

 

They do not also accept US Traders. And their demo account is made available for all account users.

 

AvaTrade supports trading on mobile and web for a faster trading activity.

They also have a customer support which has been made to be available 24 hours a day.

 

ForexTime.com (FXTM)        (

Best Forex Trading Companies In Nigeria (2018)

)

ForexTime.com with the short form for FXTM started to exist in the year 2012. FXTM also has received numerous awards for their innovative trading activity.

 

They are also growing fast in the forex trading world and they would soon be a force to be reckoned with as time goes on.

The individual who founded FXTM is AndreyDashin who also pioneered the establishment of Alpari.

 

The minimum deposit attached to FXTM is $5. Their trading bonus is at 200% which rises up to $10,000.

Their regulator is CYSEC. They do not also accept US Traders. And their demo account is made available.

 

After being licensed and regulated, they have numerous traders in over 180 countries of the world.

 

They have their headquarters to be in Cyprus and the building is described as a five-story building.

 

FXTM makes it possible for both mobile and web users to trade. And they are loaded with different trading tools which you would have to choose from.

 

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InstaForex          (

Best Forex Trading Companies In Nigeria (2018)

)

They are the last on my list of the best forex trading companies in Nigeria.

InstaForex is based in Russia and they also operate in Asia and they have offices in London and other countries of the world.

 

InstaForex has been recognized and presented with numerous awards which show that they are one of the best forex brokers in the world.

They have a license in brokerage, involving capital management services from the Russian Federation.

 

InstaForex minimum deposit is $1. They have their trading bonus to be 250%. Their regulator is FFMS.

They do not accept US Traders. They also have demo account made available.

 

They are one of the biggest forex brokers and they will continue to be one of the biggest if they continue in the right direction.

 

CONCLUSION            (

Best Forex Trading Companies In Nigeria (2018)

)

This article was written to educate you on the best forex trading companies in Nigeria. If you are looking forward to trading with any forex company or broker, then this article is for you.

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Updated: October 10, 2018 — 1:30 pm

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