FBNQuest Securities — Nigeria
Key facts (8)
- Who actually onboards you
- FBNQuest Securities Limited (subsidiary of FBN Holdings Plc)
- Licence number
- not stated
- Established
- 1991
- Min deposit, USD
- not stated
- Platforms
- FBNQuest Securities brokerage/online trading (web)
- Local funding
- bank transfer
- Max leverage
- not stated
- EURUSD
- not priced
This broker against the Nigeria middle (47 of 82)
| FBNQuest 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 | 1991 | 2009.0 |
| Platforms | 1 | 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
FBNQuest Securities Limited (subsidiary of FBN Holdings Plc)
Entity not established
Accounts
brokerage/securities trading account; skews institutional and high-net-worth
Withdrawal time and methods
Cost against the Nigeria median (47 of 82)
Rating, and how many people left it
Software and market access (1)
FBNQuest Securities brokerage/online trading (web)
NGX-listed equities and fixed income (bonds, treasury bills); investment research
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 FBNQuest Securities accept residents of Nigeria?
Yes.
Which entity onboards a Nigeria client of FBNQuest Securities?
FBNQuest Securities Limited (subsidiary of FBN Holdings Plc)
What licence does FBNQuest Securities hold for Nigeria?
No licence number is published for this country.