Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.

Best swap-free brokers in NG

Key facts (31 of 82 counts · 44 brokers onboarding Nigerian residents)

31 of 8282
offer a swap-free account
68% of brokers onboarding Nigerian residents
3131
offer a swap-free account
68% of brokers onboarding Nigerian residents
47 of 8282
offer a swap-free account
68% of brokers onboarding Nigerian residents
54 of 8282
offer a swap-free account
68% of brokers onboarding Nigerian residents

Top 3 (of 31 of 82 ranked)

1FP Markets4.12Round turn 6.20 USD · local SEC Nigeria · no fee1ActivTrades4.03Round turn 6.20 USD · local SEC Nigeria · no fee1AMarkets4.03Round turn 6.20 USD · local SEC Nigeria · no fee1BDSwiss4Round turn 6.20 USD · local SEC Nigeria · no fee1HFM3.96Round turn 6.20 USD · local SEC Nigeria · no fee1Tickmill3.94Round turn 6.20 USD · local SEC Nigeria · no fee1MultiBank Group3.93Round turn 6.20 USD · local SEC Nigeria · no fee1FxPro3.92Round turn 6.20 USD · local SEC Nigeria · no fee1FXOpen3.9Round turn 6.20 USD · local SEC Nigeria · no fee1Pepperstone3.86Round turn 6.20 USD · local SEC Nigeria · no fee1FBS3.86Round turn 6.20 USD · local SEC Nigeria · no fee1Traders Trust3.85Round turn 6.20 USD · local SEC Nigeria · no fee1Capital.com3.84Round turn 6.20 USD · local SEC Nigeria · no fee1ThinkMarkets3.84Round turn 6.20 USD · local SEC Nigeria · no fee1XChief3.83Round turn 6.20 USD · local SEC Nigeria · no fee1BlackBull Markets3.81Round turn 6.20 USD · local SEC Nigeria · no fee1FXCM3.73Round turn 6.20 USD · local SEC Nigeria · no fee1TMGM3.71Round turn 6.20 USD · local SEC Nigeria · no fee1JustMarkets3.7Round turn 6.20 USD · local SEC Nigeria · no fee1Fusion Markets3.69Round turn 6.20 USD · local SEC Nigeria · no fee1FXGT3.67Round turn 6.20 USD · local SEC Nigeria · no fee1Axi3.66Round turn 6.20 USD · local SEC Nigeria · no fee1Eightcap3.63Round turn 6.20 USD · local SEC Nigeria · no fee1VT Markets3.62Round turn 6.20 USD · local SEC Nigeria · no fee1Moneta Markets3.52Round turn 6.20 USD · local SEC Nigeria · no fee1Trade Nation3.5Round turn 6.20 USD · local SEC Nigeria · no fee1CMC Markets3.5Round turn 6.20 USD · local SEC Nigeria · no fee1CAPEX3.39Round turn 6.20 USD · local SEC Nigeria · no fee1Amana Capital3.37Round turn 6.20 USD · local SEC Nigeria · no fee1Grand Capital3.29Round turn 6.20 USD · local SEC Nigeria · no fee1FreshForex2.93Round turn 6.20 USD · local SEC Nigeria · no fee

All swap-free brokers for Nigerian residents (31 of 82 of 82)

OrderBy slice score, formula v1.0. Paid rows are marked PROMOTED and sit outside the order.
Shown12 of 44 brokers that onboard Nigerian residents · all 44
#BrokerWho onboardsSwap-free feeRound turn, USDNGMin deposit, USDNGLeverageNGN accountWithdrawal, hNGScore

Brightline FX publishes only a group leverage of 1:1000. It is marked group and left out of the leverage ranking and median.

1. CardinalStone Securities — local SEC Nigeria entity, no swap fee(score 31 of 82)

Round turn
6 USD
Min deposit
50 USD
Withdrawal
24 h
NGN account
Yes
Leverage
500NG
Licence
SEC Nigeria SEC/RC/2021/071
Accepts residents
Yes
Onboarding entity
computed score, highest first; unscored brokers follow
Founded
2017
Register
public register · 01.10.2026
Spread, raw
0.1 pips
Spread, standard
1.1 pips
Group leverage
1:1000group
Instruments
2,140
Reviews
4.4 · 2,318 · 28.09.2026
Platforms
MT5cTraderWebTradingView
Funding
Local cardsBank transfer
Not served
United StatesCanadaJapan
  • Reviews25%reviews 90
  • Reviews20%cost 95
  • Reviews20%safety 0
  • Reviews15%payouts 80
  • Reviews10%track_record 100
  • Reviews10%platforms 70
Why it ranks here

Raw round turn 6.20 USD against a median of 9.20, with no admin fee and no time limit on the swap-free account.

Watch for

Payouts axis 58 of 100; e-wallet times not published.

Full review of CardinalStone Securities

2. AMarkets — cheapest priced swap-free(score 31 of 82)

Round turn
6 USD
Min deposit
50 USD
Withdrawal
no data
NGN account
Yes
Leverage
500NG
Licence
SEC Nigeria 20210000044
Accepts residents
Yes
Onboarding entity
computed score, highest first; unscored brokers follow
Founded
2012
Register
public register · 01.10.2026
Spread, raw
0.0 pips
Spread, standard
1.3 pips
Group leverage
no data
Instruments
1,260
Reviews
4.2 · 1,104 · 28.09.2026
Platforms
MT5MT4Web
Funding
Bank transfer
Not served
United StatesCanadaJapan
    Why it ranks here

    Lowest round turn of the 17 priced: 5.80 USD. Dropped its swap fee in 09.2026.

    Watch for

    Min deposit 200 USD, double the Nigeria median of 50; withdrawal time not published.

    Full review of AMarkets

    3. Tidemark Trading — lowest entry, offshore(score 31 of 82)

    Round turn
    6 USD
    Min deposit
    50 USD
    Withdrawal
    12 h
    NGN account
    No
    Leverage
    500NG
    Licence
    FSC Mauritius
    Accepts residents
    Yes
    Onboarding entity
    computed score, highest first; unscored brokers follow
    Founded
    2019
    Register
    public register · 01.10.2026
    Spread, raw
    0.2 pips
    Spread, standard
    1.6 pips
    Group leverage
    1:2000group
    Instruments
    980
    Reviews
    3.9 · 846 · 28.09.2026
    Platforms
    MT5WebMobile
    Funding
    Local cardsSkrill
    Not served
    United StatesCanadaJapan
      Why it ranks here

      Min deposit 10 USD and the fastest published withdrawal, 12 h.

      Watch for

      Onboards Nigerian residents through an offshore entity: no SEC Nigeria licence, no SEC Nigeria complaints route, no NGN account.

      Full review of Tidemark Trading

      What the data shows(31 of 82 distributions · 44 brokers)

      Swap-free availability (31 of 82 brokers)

      68%30/44
      Offered30Not offered14

      Admin fee after the free period (31 of 82 swap-free)

      53%16/30
      Never16After 3–30 days9No data5

      Who onboards Nigerian residents (31 of 82 brokers)

      45%20/44
      Local SEC Nigeria entity20Offshore entity24

      NGN account (31 of 82 brokers)

      36%16/44
      Yes16No23No data5

      Swap-free round turn, USD (31 of 82 of 82 priced · median 9.20)

      3<7
      37–8.5
      48.5–10
      310–11.5
      4≥11.5

      Retail leverage in Nigeria (31 of 82 of 82 · 1 group excluded)

      11≤1:30
      71:50
      51:51–200
      61:201–400
      10>1:400

      Not in this ranking(31 of 82 of 82 in the Nigeria base)

      Full list(31 of 82 of 82)

        How to choose a swap-free broker(31 of 82 checks)

        Neighbouring slices(31 of 82 in Nigeria · 4 countries)

        Same country
        Same slice, other countries

        FAQ(31 of 82 questions)

        How this slice is scored(31 of 82 axes · v1.0)

        Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology

        Verified · What changed · Sources(31 of 82 broker records)

        Verified01.10.2026
        data re-captured 28.09.2026
        What changed
          Sources · precision

            Risk warning and affiliate disclosure

            CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.