BDSwiss — Nigeria
Key facts (8)
- Who actually onboards you
- Nigerian clients are onboarded under the offshore entity BDSwiss (Seyc
- Licence number
- C116016172
- Established
- 2012group
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5 · BDSwiss WebTrader · iOS/Android apps
- Local funding
- Cards, bank/wire and e-wallets; Nigeria-specific
- Max leverage
- 2000geo
- EURUSD
- 1.6 pipsgroup
This broker against the Nigeria middle (47 of 82)
| BDSwiss | Nigeria median | |
|---|---|---|
| Round turn, USD | 5.0 USD | 6.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | 2000geo | 500.0geo |
| Withdrawal, h | 24 hours to 5 business days hgroup | 24.0 h |
| EURUSD, standard | 1.6 pipsgroup | 1.1 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2012group | 2009.0 |
| Platforms | 4 | 3.0 |
Accepts residents of Nigeria
Through an offshore entity
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
Nigerian clients are onboarded under the offshore entity BDSwiss (Seychelles) Ltd (FSA) / BDS Markets (FSC Mauritius).
Offshore entity
Accounts
Cent (min ~$10), Classic (min ~$10), VIP (min $250), Raw/Zero (min $500).
Withdrawal time and methods
Cost against the Nigeria median (47 of 82)
raw+commission
Rating, and how many people left it
4.7/5 from 9,000+ reviews
Software and market access (4)
MT4 · MT5 · BDSwiss WebTrader · iOS/Android apps
250+ CFDs: forex, shares, indices, commodities and 26+ cryptocurrencies.
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, United Kingdom, European Union countries, Canada, Japan, North Korea, Iran, Syria
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (2)
Checked: 2026-07-09
- global.bdswiss.com/account-types page
- sec.gov.ng domain
FAQ (5)
Does BDSwiss accept residents of Nigeria?
Through an offshore entity.
Which entity onboards a Nigeria client of BDSwiss?
Nigerian clients are onboarded under the offshore entity BDSwiss (Seychelles) Ltd (FSA) / BDS Markets (FSC Mauritius).
What licence does BDSwiss hold for Nigeria?
Licence C116016172.
What does one EURUSD lot cost at BDSwiss?
5.0 USD per round turn against a Nigeria median of 6.0 USD, measured on 47 of 82 brokers.
How long does a withdrawal from BDSwiss take?
24 hours to 5 business days hours as published. electronic wallets are often cleared within 24 hours, bank wire transfers can take anywhere from 3 to 5 business days