United Capital Securities — Nigeria
Key facts (8)
- Who actually onboards you
- United Capital Securities Limited (UCSL), subsidiary of United Capital
- Licence number
- not stated
- Established
- not stated
- Min deposit, USD
- not stated
- Platforms
- InvestNow
- Local funding
- Bank transfer; other methods not verified at rev
- Max leverage
- not stated
- EURUSD
- not priced
This broker against the Nigeria middle (47 of 82)
| United Capital 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 | same day during business hours; otherwise within 24 hours hgroup | 24.0 h |
| EURUSD, standard | not priced | 1.1 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | not stated | 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
United Capital Securities Limited (UCSL), subsidiary of United Capital Plc (NGX: UCAP)
Entity not established
Accounts
Brokerage/investment account (retail & institutional) via InvestNow platform
Withdrawal time and methods
Cost against the Nigeria median (47 of 82)
Rating, and how many people left it
Software and market access (1)
InvestNow
NGX equities (incl. IPOs, rights issues, offers), FGN/corporate bonds, NASD OTC equity & fixed income
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: —
FAQ (4)
Does United Capital Securities accept residents of Nigeria?
Yes.
Which entity onboards a Nigeria client of United Capital Securities?
United Capital Securities Limited (UCSL), subsidiary of United Capital Plc (NGX: UCAP)
What licence does United Capital Securities hold for Nigeria?
No licence number is published for this country.
How long does a withdrawal from United Capital Securities take?
same day during business hours; otherwise within 24 hours hours as published. Payments made during business hours reflect the same day. If not reflected within 24 hours