Cordros Securities — Nigeria
Key facts (8)
- Who actually onboards you
- Cordros Securities Limited
- Licence number
- not stated
- Established
- 2007group
- Min deposit, USD
- not stated
- Platforms
- Cordros TradeButton online portal · Cordros DMA (direct market access) · web · mobile
- Local funding
- bank transfer
- Max leverage
- not stated
- EURUSD
- not priced
This broker against the Nigeria middle (47 of 82)
| Cordros 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 | 2007group | 2009.0 |
| Platforms | 4 | 3.0 |
Accepts residents of Nigeria
Yes
Score (3/6 axes)
no data
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
Cordros Securities Limited
Entity not established
Cordros Securities Limited (part of Cordros Capital group)
Accounts
brokerage/securities trading account (retail and institutional); DMA account
Withdrawal time and methods
Cost against the Nigeria median (47 of 82)
Rating, and how many people left it
Software and market access (4)
Cordros TradeButton online portal · Cordros DMA (direct market access) · web · mobile
NGX-listed equities/shares and bonds; fixed income; mutual funds within Cordros group
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 Cordros Securities accept residents of Nigeria?
Yes.
Which entity onboards a Nigeria client of Cordros Securities?
Cordros Securities Limited
What licence does Cordros Securities hold for Nigeria?
No licence number is published for this country.