BlackBull Markets — Nigeria
Key facts (8)
- Who actually onboards you
- BBG Limited
- Licence number
- SD045
- Established
- 2014group
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5 · cTrader · TradingView
- Local funding
- Cards, bank wire, Skrill, Neteller, local bank t
- Max leverage
- 500geo
- EURUSD
- 0.8 pipsgroup
This broker against the Nigeria middle (47 of 82)
| BlackBull Markets | Nigeria median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 6.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 1-3 business days hgroup | 24.0 h |
| EURUSD, standard | 0.8 pipsgroup | 1.1 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2014group | 2009.0 |
| Platforms | 6 | 3.0 |
Accepts residents of Nigeria
No
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
BBG Limited
Offshore entity
Nigerian retail clients are onboarded under the offshore entity BBG Limited (Seychelles); Nigeria is not on BlackBull's restricted list.
Accounts
ECN Standard (USD 0 min, commission-free, spreads from ~0.8 pips), ECN Prime (USD 0 min, from 0.0 pips + ~USD 6 round-tu
Withdrawal time and methods
Cost against the Nigeria median (47 of 82)
raw+commission
Rating, and how many people left it
Evaluating 801 reviews
Software and market access (6)
MT4 · MT5 · cTrader · TradingView · BlackBull CopyTrade · BlackBull Invest
72 forex pairs and 26,000+ tradeable symbols: share CFDs, indices, commodities 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
Nigeria
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 (3)
Checked: 2026-07-09
FAQ (5)
Does BlackBull Markets accept residents of Nigeria?
No.
Which entity onboards a Nigeria client of BlackBull Markets?
BBG Limited
What licence does BlackBull Markets hold for Nigeria?
Licence SD045.
What does one EURUSD lot cost at BlackBull Markets?
6.0 USD per round turn against a Nigeria median of 6.0 USD, measured on 47 of 82 brokers.
How long does a withdrawal from BlackBull Markets take?
1-3 business days hours as published. Bank Wire | Multiple | $5 | 1-3 business days