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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

Alpari — Nigeria

Key facts (8)

Who actually onboards you
Parlance Trading Ltd
Licence number
T2023236
Established
1998group
Min deposit, USD
30 USDgeo
Platforms
MetaTrader 4 · MetaTrader 5 · Alpari mobile app
Local funding
Local NGN bank transfer with no added commission
Max leverage
3000geo
EURUSD
1.2 pipsgroup

This broker against the Nigeria middle (47 of 82)

AlpariNigeria median
Round turn, USD12.0 USD6.0 USD
Min deposit, USD30 USDgeo50.0 USD
Max leverage3000geo500.0geo
Withdrawal, hno data24.0 h
EURUSD, standard1.2 pipsgroup1.1 pips
EURUSD, raw0.1 pipsgroup0.0 pips
Established1998group2009.0
Platforms33.0

Accepts residents of Nigeria

Through an offshore entity

Score (4/6 axes)

3.48 of 5
cost65
safe0
trac100
plat65

Shown, not ranked: no review-platform rating

Licence check

Licence number
T2023236
Checked
2026-07-09

Register

Who actually onboards you

Parlance Trading Ltd

Offshore entity

Nigerian clients are onboarded under the offshore operator Parlance Trading Ltd (Comoros Union / Mwali); Alpari markets heavily to Nigeria with local support.

Accounts

Micro (from USD 30 / from ~NGN 1,000, MT4 only), Standard (USD 100 / ~NGN 20,000), ECN (USD 300+), Pro ECN (USD 500).

Withdrawal time and methods

Withdrawal, h
not stated

Cost against the Nigeria median (47 of 82)

Round turn, USD
12.0 USD
Median
6.0 USD

standard

Rating, and how many people left it

Reviews
no data

56 TrustScore from 183 User Reviews

Software and market access (3)

MetaTrader 4 · MetaTrader 5 · Alpari mobile app

750+ instruments: forex, metals, indices, commodities, share CFDs and crypto CFDs.

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

United States, Japan, Canada, Democratic People's Republic of Korea, European Union, United Kingdom, Myanmar, India, Azerbaijan, Syria, Sudan, Cuba

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: 2026-07-09

FAQ (4)

Does Alpari accept residents of Nigeria?

Through an offshore entity.

Which entity onboards a Nigeria client of Alpari?

Parlance Trading Ltd

What licence does Alpari hold for Nigeria?

Licence T2023236.

What does one EURUSD lot cost at Alpari?

12.0 USD per round turn against a Nigeria median of 6.0 USD, measured on 47 of 82 brokers.