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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

Afrinvest Securities — Nigeria

Key facts (8)

Who actually onboards you
Afrinvest Securities Limited
Licence number
not stated
Established
1995group
Min deposit, USD
not stated
Platforms
—
Local funding
Bank transfer; other methods not verified at rev
Max leverage
not stated
EURUSD
not priced

This broker against the Nigeria middle (47 of 82)

Afrinvest SecuritiesNigeria median
Round turn, USDnot priced6.0 USD
Min deposit, USDno data50.0 USD
Max leverageno data500.0geo
Withdrawal, h24-48 hours hgroup24.0 h
EURUSD, standardnot priced1.1 pips
EURUSD, rawnot priced0.0 pips
Established1995group2009.0
Platforms03.0

Accepts residents of Nigeria

Yes

Score (3/6 axes)

no data

Shown, not ranked: no review-platform rating

Licence check

Licence number
not stated
Checked
no data

Register

Who actually onboards you

Afrinvest Securities Limited

Entity not established

Afrinvest Securities Limited (ASL), Lagos, part of Afrinvest (West Africa) Group

Accounts

Brokerage/investment account (retail & institutional)

Withdrawal time and methods

Withdrawal, h
24-48 hours hgroup

Cost against the Nigeria median (47 of 82)

Round turn, USD
not priced
Median
6.0 USD

Rating, and how many people left it

Reviews
no data

Software and market access (0)

NGX equities, sovereign/municipal/corporate bonds, money-market instruments (T-bills, commercial paper, bankers' acceptances), currency instruments; cross-listed access to Nairobi & Ghana exchanges via SecondSTAX

The tax side in Nigeria

Trading profits are taxable and must be declared to the Nigeria Revenue Service (NRS, formerly FIRS). Framework changed under the Nigeria Tax Act 2025 and Nigeria Tax Administration Act 2025, effective 1 January 2026. Individuals: forex/CFD gains generally taxed as part of personal income under progressive Personal Income Tax bands (as of the review): 0% on first N800,000; 15% on N800,000-N3m; 18%

Other brokers that onboard Nigeria residents (6)

Where it does not serve

no data

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (3)

Checked: —

FAQ (4)

Does Afrinvest Securities accept residents of Nigeria?

Yes.

Which entity onboards a Nigeria client of Afrinvest Securities?

Afrinvest Securities Limited

What licence does Afrinvest Securities hold for Nigeria?

No licence number is published for this country.

How long does a withdrawal from Afrinvest Securities take?

24-48 hours hours as published. It takes between 24-48 hours