FxPro — Nigeria
Key facts (8)
- Who actually onboards you
- FxPro Markets Direct Costa Rica Latam SRL
- Licence number
- not stated
- Established
- 2006group
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5 · cTrader · FxPro Edge
- Local funding
- Local NGN bank transfers, Visa/Mastercard debit
- Max leverage
- 200geo
- EURUSD
- 1.2 pipsgroup
This broker against the Nigeria middle (47 of 82)
| FxPro | Nigeria median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 6.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | 200geo | 500.0geo |
| Withdrawal, h | no data | 24.0 h |
| EURUSD, standard | 1.2 pipsgroup | 1.1 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2006group | 2009.0 |
| Platforms | 4 | 3.0 |
Accepts residents of Nigeria
Through an offshore entity
Score (5/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
FxPro Markets Direct Costa Rica Latam SRL
Offshore entity
Nigerian clients reported onboarded through offshore FxPro Markets Direct Costa Rica Latam SRL (unregulated); no Nigerian entity.
Accounts
Standard, Raw+, cTrader, Elite, VIP. Minimum deposit USD 100 / NGN equivalent.
Withdrawal time and methods
Cost against the Nigeria median (47 of 82)
raw+commission
Rating, and how many people left it
860 reviews
Software and market access (4)
MT4 · MT5 · cTrader · FxPro Edge
FX, indices, shares, metals, energies, crypto CFDs.
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 of America, Iran
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: 2026-07-09
FAQ (4)
Does FxPro accept residents of Nigeria?
Through an offshore entity.
Which entity onboards a Nigeria client of FxPro?
FxPro Markets Direct Costa Rica Latam SRL
What licence does FxPro hold for Nigeria?
No licence number is published for this country.
What does one EURUSD lot cost at FxPro?
7.0 USD per round turn against a Nigeria median of 6.0 USD, measured on 47 of 82 brokers.