EFG Hermes Nigeria — Nigeria
Key facts (8)
- Who actually onboards you
- EFG Hermes Nigeria Limited (Victoria Island, Lagos), part of EFG Holdi
- Licence number
- not stated
- Established
- 1984group
- Min deposit, USD
- not stated
- Platforms
- —
- Local funding
- Bank transfer; other methods not verified at rev
- Max leverage
- not stated
- EURUSD
- not priced
This broker against the Nigeria middle (47 of 82)
| EFG Hermes Nigeria | 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 | 1984group | 2009.0 |
| Platforms | 0 | 3.0 |
Accepts residents of Nigeria
Yes
Score (2/6 axes)
no data
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
EFG Hermes Nigeria Limited (Victoria Island, Lagos), part of EFG Holding (formerly EFG Hermes)
Entity not established
Accounts
Brokerage/investment account (primarily corporate & institutional clients)
Withdrawal time and methods
Cost against the Nigeria median (47 of 82)
Rating, and how many people left it
Software and market access (0)
NGX equities; investment research coverage
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
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: —
FAQ (3)
Does EFG Hermes Nigeria accept residents of Nigeria?
Yes.
Which entity onboards a Nigeria client of EFG Hermes Nigeria?
EFG Hermes Nigeria Limited (Victoria Island, Lagos), part of EFG Holding (formerly EFG Hermes)
What licence does EFG Hermes Nigeria hold for Nigeria?
No licence number is published for this country.