CardinalStone Securities — Nigeria
Key facts (8)
- Who actually onboards you
- CardinalStone Securities Limited (subsidiary of CardinalStone Partners
- Licence number
- not stated
- Established
- 2008group
- Min deposit, USD
- not stated
- Platforms
- CardinalStone online trading platform · brokerage desk · web · mobile
- Local funding
- bank transfer
- Max leverage
- not stated
- EURUSD
- not priced
This broker against the Nigeria middle (47 of 82)
| CardinalStone Securities | Nigeria median | |
|---|---|---|
| Round turn, USD | not priced | 6.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | no data | 500.0geo |
| Withdrawal, h | no data | 24.0 h |
| EURUSD, standard | not priced | 1.1 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2008group | 2009.0 |
| Platforms | 4 | 3.0 |
Accepts residents of Nigeria
Yes
Score (4/6 axes)
Shown, not ranked: no round-turn price
Licence check
Who actually onboards you
CardinalStone Securities Limited (subsidiary of CardinalStone Partners Limited)
Entity not established
Accounts
brokerage/securities trading account (retail, local and international, and institutional)
Withdrawal time and methods
Cost against the Nigeria median (47 of 82)
Rating, and how many people left it
★★★★★(342 user reviews) ... Rating|4.8
Software and market access (4)
CardinalStone online trading platform · brokerage desk · web · mobile
NGX-listed equities; fixed income; international currency products; FMDQ/NASD-traded securities
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%
Verified · what changed · sources (3)
Checked: 2026-07-11
FAQ (3)
Does CardinalStone Securities accept residents of Nigeria?
Yes.
Which entity onboards a Nigeria client of CardinalStone Securities?
CardinalStone Securities Limited (subsidiary of CardinalStone Partners Limited)
What licence does CardinalStone Securities hold for Nigeria?
No licence number is published for this country.