ForexMart — Nigeria
Key facts (8)
- Who actually onboards you
- Offshore Tradomart SV Ltd
- Licence number
- not stated
- Established
- 2015group
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5
- Local funding
- Cards, wire, local bank transfer, Skrill, Netell
- Max leverage
- 500geo
- EURUSD
- not priced
This broker against the Nigeria middle (47 of 82)
| ForexMart | Nigeria median | |
|---|---|---|
| Round turn, USD | not priced | 6.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | no data | 24.0 h |
| EURUSD, standard | not priced | 1.1 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2015group | 2009.0 |
| Platforms | 2 | 3.0 |
Accepts residents of Nigeria
Through an offshore entity
Score (3/6 axes)
no data
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
Offshore Tradomart SV Ltd
Offshore entity
Offshore Tradomart SV Ltd (SVG) via forexmart.com.
Accounts
Classic/Standard, Cent, Zero Spread, Swap-Free; demo.
Withdrawal time and methods
Cost against the Nigeria median (47 of 82)
Rating, and how many people left it
rated "Poor" with 2.3 / 5 on Trustpilot
Software and market access (2)
MT4 · MT5
FX, metals, indices, commodities, crypto CFDs, shares.
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, North Korea, Sudan, Syria
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 (4)
Checked: 2026-07-09
FAQ (3)
Does ForexMart accept residents of Nigeria?
Through an offshore entity.
Which entity onboards a Nigeria client of ForexMart?
Offshore Tradomart SV Ltd
What licence does ForexMart hold for Nigeria?
No licence number is published for this country.