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Harmattan Desk
82 brokers measured47 pricedmedian 6.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

Stanbic IBTC Stockbrokers — Nigeria

Key facts (8)

Who actually onboards you
Stanbic IBTC Stockbrokers Limited
Licence number
not stated
Established
1991group
Min deposit, USD
not stated
Platforms
Stanbic IBTC E-Trade online platform · mobile app
Local funding
bank transfer
Max leverage
not stated
EURUSD
not priced

This broker against the Nigeria middle (47 of 82)

Stanbic IBTC StockbrokersNigeria median
Round turn, USDnot priced6.0 USD
Min deposit, USDno data50.0 USD
Max leverageno data500.0geo
Withdrawal, hno data24.0 h
EURUSD, standardnot priced1.1 pips
EURUSD, rawnot priced0.0 pips
Established1991group2009.0
Platforms23.0

Accepts residents of Nigeria

Yes

Score (3/6 axes)

no data

Shown, not ranked: no review-platform rating

Licence check

Licence number
not stated
Checked
2026-07-11

Register

Who actually onboards you

Stanbic IBTC Stockbrokers Limited

Entity not established

Stanbic IBTC Stockbrokers Limited (part of Stanbic IBTC Holdings / Standard Bank Group)

Accounts

brokerage/securities trading account; zero minimum opening balance for individuals

Withdrawal time and methods

Withdrawal, h
not stated

Cost against the Nigeria median (47 of 82)

Round turn, USD
not priced
Median
6.0 USD

Rating, and how many people left it

Reviews
4.6/5, 17 reviewsgroup

Verified ★ 4.6 (17 reviews)

Software and market access (2)

Stanbic IBTC E-Trade online platform · mobile app

NGX-listed equities and ETFs (including Stanbic IBTC ETFs); fixed income within group

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%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-11

FAQ (3)

Does Stanbic IBTC Stockbrokers accept residents of Nigeria?

Yes.

Which entity onboards a Nigeria client of Stanbic IBTC Stockbrokers?

Stanbic IBTC Stockbrokers Limited

What licence does Stanbic IBTC Stockbrokers hold for Nigeria?

No licence number is published for this country.