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Harmattan Desk
82 brokers measured47 pricedmedian 6.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

Brokers with a demo account in Nigeria

Key facts (6 · 10 of 82)

In this ranking
10 of 82
Ranked on all axes
4 of 10
Round turn, USD · Median
6.0 USD
Min deposit, USD · Median
50.0 USD
Max leverage
500.0geo
Withdrawal, h · Median
24.0 h

Top picks (3 / 4 of 10)

1. Traders Trust

Score 3.85 · Round turn, USD 3.0 USD

Read the review

2. Capital.com

Score 3.84 · Round turn, USD 6.0 USD

Read the review

3. FXCM

Score 3.73 · Round turn, USD 7.5 USD

Read the review

Full list (10)

Sorted by computed score, highest first. Unscored brokers follow.
Showing 10 of 82 brokers that onboard Nigeria residents.
BrokerScoreRound turn, USDMin deposit, USDMax leverageWithdrawal, hOnboarding entity
Traders Trust3.853.0no data3000.0geono dataOffshore TTCM Traders Trust Capital Mark
Capital.com3.846.020.0geo200.0geono dataNigerian clients are served under the of
FXCM3.737.5no data400.0geono dataStratos Global LLC
NordFXno datanot pricedno data1000.0geo24.0Offshore NordFX LTD (Saint Lucia); no Ni
AvaTradeno datanot pricedno datano datano dataAva Trade Markets Ltd
Trade Nation3.56.00.0geo200.0geo120.0Trade Nation Ltd
Headwayno datanot pricedno datano datano dataServed offshore under Jarocel (Pty) Ltd;
Plus500no datanot pricedno datano data72.0Not applicable - Plus500 does not accept
Scope Marketsno data9.0no data1000.0geono dataRS Global Ltd
ForexMartno datanot pricedno data500.0geono dataOffshore Tradomart SV Ltd

Distributions across the base

Round-turn cost, USD (47 of 82)

Median 6.0 · Range 2.0–20.0 USD

Minimum deposit, USD (22 of 82)

Median 50.0 · Range 0.0–100.0 USD

Retail leverage (54 of 82)

Median 500.0 · Range 100.0–3000.0 1:x

Withdrawal time, hours (38 of 82)

Median 24.0 · Range 24.0–120.0 h

How to choose (5)

  1. Check the entity in the last column: Nigeria residents are onboarded by a local entity at some of these brokers and by an offshore one at others.
  2. Compare the round turn against the median of 6.0 USD, measured on 47 of 82 brokers rather than on the whole base.
  3. Treat a blank as a blank: 6 of 10 brokers here are missing at least one axis and are listed without a score.
  4. Read the leverage column with its marker: a figure the country's regulator did not set belongs to the broker's group, not to this country.
  5. Open the licence number on the broker page and check it in the register before funding.

Related rankings (6)

Methodology

2 + 3 × weighted mean of six axes. A broker enters this ranking only with a review rating and a round-turn price; others are listed with their score withheld.

Methodology

FAQ (4)

How many brokers are in this ranking?

10 of 82 of the 82 brokers in our Nigeria base, and 4 of 10 of them are measured on all six axes.

How is the order decided?

By the computed score: 2 + 3 × the weighted mean of six axes. A broker without a review rating or without a round-turn price is listed but not ranked.

Which broker leads brokers with a demo account in nigeria?

Traders Trust with 3.85 of 5 and a round turn of 3.0 USD.

What does trading cost in Nigeria on average?

The median round turn on one EURUSD lot is 6.0 USD, measured on 47 of 82 brokers.