RoboForex — Nigeria
Key facts (8)
- Who actually onboards you
- RoboForex Ltd
- Licence number
- 000138/7
- Established
- 2009group
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5 · cTrader · R StocksTrader
- Local funding
- Mobile Money/local reported (per broker list); c
- Max leverage
- 2000geo
- EURUSD
- 1.3 pipsgroup
This broker against the Nigeria middle (47 of 82)
| RoboForex | Nigeria median | |
|---|---|---|
| Round turn, USD | 5.0 USD | 6.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | 2000geo | 500.0geo |
| Withdrawal, h | no data | 24.0 h |
| EURUSD, standard | 1.3 pipsgroup | 1.1 pips |
| EURUSD, raw | 0.1 pipsgroup | 0.0 pips |
| Established | 2009group | 2009.0 |
| Platforms | 5 | 3.0 |
Accepts residents of Nigeria
Through an offshore entity
Score (4/6 axes)
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
RoboForex Ltd
Entity not established
Nigerian clients onboarded to offshore RoboForex Ltd (Belize).
Accounts
Pro, ProCent, ECN, Prime, R StocksTrader; min from USD 10.
Withdrawal time and methods
Cost against the Nigeria median (47 of 82)
raw+commission
Rating, and how many people left it
Software and market access (5)
MT4 · MT5 · cTrader · R StocksTrader · R MobileTrader
12,000+ instruments: FX, stocks, indices, metals, energy, 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, Canada, Japan, Australia, Bonaire, Sint Eustatius and Saba, Brazil, Curaçao, Timor-Leste, Indonesia, Islamic Republic of Iran, Liberia, Russian Federation, Guinea-Bissau, Micronesia, Federated States of, Svalbard and Jan Mayen, Sudan, Ukraine, Belarus, Türkiye, Northern Mariana Islands, South Sudan
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 (1)
Checked: 2026-07-09
- roboforex.com domain
FAQ (4)
Does RoboForex accept residents of Nigeria?
Through an offshore entity.
Which entity onboards a Nigeria client of RoboForex?
RoboForex Ltd
What licence does RoboForex hold for Nigeria?
Licence 000138/7.
What does one EURUSD lot cost at RoboForex?
5.0 USD per round turn against a Nigeria median of 6.0 USD, measured on 47 of 82 brokers.