Vantage — Nigeria
Key facts (8)
- Who actually onboards you
- Vantage Global Limited
- Licence number
- 700271
- Established
- 2020group
- Min deposit, USD
- 50 USDgeo
- Platforms
- MT4 · MT5 · Vantage App · ProTrader
- Local funding
- Bank wire, local NGN bank transfer, credit/debit
- Max leverage
- 500geo
- EURUSD
- 1.0 pipsgeo
This broker against the Nigeria middle (47 of 82)
| Vantage | Nigeria median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 6.0 USD |
| Min deposit, USD | 50 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 1-3 business days hgroup | 24.0 h |
| EURUSD, standard | 1.0 pipsgeo | 1.1 pips |
| EURUSD, raw | 0.0 pipsgeo | 0.0 pips |
| Established | 2020group | 2009.0 |
| Platforms | 5 | 3.0 |
Accepts residents of Nigeria
No
Score (5/6 axes)
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
Vantage Global Limited
Offshore entity
Nigerian retail clients are onboarded by the offshore arm Vantage Global Limited, authorised by the Vanuatu Financial Services Commission (VFSC).
Accounts
Standard STP (min USD 50), Raw ECN (min USD 50, ~USD 6/lot round-turn), Pro ECN (min USD 10,000); swap-free variant avai
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 · Vantage App · ProTrader · copy trading
1,000+ CFDs: 60+ forex pairs, global indices, commodities, share CFDs, ETFs, bonds and 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
Afghanistan, Albania, American Samoa, Australia, Belarus, Bermuda, Bosnia And Herzegovina, Burundi, Canada, Central African Republic, China, Cuba, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Guam, Haiti, Iran, Iraq, ISIL (Da’esh) & Al-Qaida & The Taliban, Japan, Libya, Liberia, Mali, North Korea, Northern Mariana Islands, Nicaragua, Puerto Rico, Republic of Gu
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 (2)
Checked: 2026-07-09
- vantagemarkets.com/regulations page
- fxscouts.ng domain
FAQ (5)
Does Vantage accept residents of Nigeria?
No.
Which entity onboards a Nigeria client of Vantage?
Vantage Global Limited
What licence does Vantage hold for Nigeria?
Licence 700271.
What does one EURUSD lot cost at Vantage?
6.0 USD per round turn against a Nigeria median of 6.0 USD, measured on 47 of 82 brokers.
How long does a withdrawal from Vantage take?
1-3 business days hours as published. This will take 1-3 business days