82 brokers measured47 pricedmedian 6.0 USDformula v1.0Data captured 03.10.2026
Lowest minimum deposit in Nigeria
Key facts (6 · 22 of 82)
In this ranking
22 of 82
Ranked on all axes
10 of 22
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 / 10 of 22)
Full list (22)
Sorted by computed score, highest first. Unscored brokers follow.
Showing 22 of 82 brokers that onboard Nigeria residents.
| Broker | Score | Round turn, USD | Min deposit, USD | Max leverage | Withdrawal, h | Onboarding entity |
|---|---|---|---|---|---|---|
| Tickmill | 3.94 | 6.0 | 100.0geo | 500.0geo | 24.0 | Offshore Tickmill Ltd |
| Weltrade | no data | 3.1 | 1.0geo | 2000.0geo | no data | Weltrade Ltd |
| Capital.com | 3.84 | 6.0 | 20.0geo | 200.0geo | no data | Nigerian clients are served under the of |
| ThinkMarkets | 3.84 | 7.0 | 50.0geo | 500.0geo | 24.0 | TF Global Markets Int Ltd |
| XChief | 3.83 | 5.5 | 10.0geo | 1000.0geo | no data | Serves Nigeria via offshore xChief LTD ( |
| FXChoice | no data | 7.0 | 100.0geo | 200.0geo | 24.0 | FX Choice Ltd |
| Errante | no data | 6.0 | 50.0geo | 1000.0geo | 24.0 | Served under offshore Errante Securities |
| JustMarkets | 3.7 | 6.0 | 10.0geo | 3000.0geo | no data | Just Global Markets Ltd |
| LiteFinance | no data | not priced | 50.0geo | 500.0geo | 24.0 | LiteFinance Global LLC |
| Mitrade | no data | 4.0 | 20.0geo | 200.0geo | 48.0 | Mitrade Holding Ltd |
| Moneta Markets | 3.52 | 12.0 | 50.0geo | 1000.0geo | 24.0 | Moneta Markets Ltd |
| Trade Nation | 3.5 | 6.0 | 0.0geo | 200.0geo | 120.0 | Trade Nation Ltd |
| Alpari | no data | 12.0 | 30.0geo | 3000.0geo | no data | Parlance Trading Ltd |
| CAPEX | 3.39 | 14.0 | 100.0geo | no data | 24.0 | KW Investments Ltd |
| Vantage | no data | 6.0 | 50.0geo | 500.0geo | 72.0 | Vantage Global Limited |
| Amana Capital | 3.37 | 7.0 | 50.0geo | 100.0geo | no data | AFS Global Ltd |
| CMTrading | no data | not priced | 100.0geo | 200.0geo | no data | GCMT Limited |
| T4Trade | no data | not priced | 50.0geo | 1000.0geo | 72.0 | Tradeco Ltd |
| FreshForex | 2.93 | 20.0 | 10.0geo | 2000.0geo | no data | Riston Capital Ltd |
| IronFX | no data | not priced | 100.0geo | 1000.0geo | no data | Notesco Ltd |
| InstaForex | no data | not priced | 1.0geo | 1000.0geo | no data | Instant Trading Ltd |
| Trove | no data | not priced | 10.0geo | no data | 24.0 | Trove Technologies Limited; Nigerian sto |
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)
- 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.
- Compare the round turn against the median of 6.0 USD, measured on 47 of 82 brokers rather than on the whole base.
- Treat a blank as a blank: 12 of 22 brokers here are missing at least one axis and are listed without a score.
- 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.
- 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.
FAQ (4)
How many brokers are in this ranking?
22 of 82 of the 82 brokers in our Nigeria base, and 10 of 22 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 lowest minimum deposit in nigeria?
Tickmill with 3.94 of 5 and a round turn of 6.0 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.