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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

VT Markets — Nigeria

Key facts (8)

Who actually onboards you
Served via offshore VT Markets LLC (SVG) / VT Markets Ltd (Mauritius F
Licence number
not stated
Established
2015group
Min deposit, USD
not stated
Platforms
MT4 · MT5 · app/WebTrader
Local funding
Cards, wire, Skrill/Neteller; Nigeria local bank
Max leverage
500geo
EURUSD
1.2 pipsgroup

This broker against the Nigeria middle (47 of 82)

VT MarketsNigeria median
Round turn, USD6.0 USD6.0 USD
Min deposit, USDno data50.0 USD
Max leverage500geo500.0geo
Withdrawal, hno data24.0 h
EURUSD, standard1.2 pipsgroup1.1 pips
EURUSD, raw0.0 pipsgroup0.0 pips
Established2015group2009.0
Platforms33.0

Accepts residents of Nigeria

Through an offshore entity

Score (5/6 axes)

3.62 of 5
revi60
cost95
safe0
trac55
plat65

Ranked against brokers measured on every axis

Licence check

Licence number
not stated
Checked
2026-07-09

Register

Who actually onboards you

Served via offshore VT Markets LLC (SVG) / VT Markets Ltd (Mauritius FSC).

Offshore entity

Accounts

Standard STP, Raw ECN, Pro ECN, Swap-Free, Cent. Min USD 100 (Cent from USD 50).

Withdrawal time and methods

Withdrawal, h
not stated

Cost against the Nigeria median (47 of 82)

Round turn, USD
6.0 USD
Median
6.0 USD

raw+commission

Rating, and how many people left it

Reviews
4.2/5 from approximately 2,529 reviewsgroup

VT Markets holds a 4.2/5 rating on Trustpilot based on approximately 2,529 reviews

Software and market access (3)

MT4 · MT5 · app/WebTrader

FX, indices, commodities, shares, ETFs, 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, Singapore, India, Russia, North Korea, Iran, Iraq, Afghanistan, Cuba

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 (2)

Checked: 2026-07-09

FAQ (4)

Does VT Markets accept residents of Nigeria?

Through an offshore entity.

Which entity onboards a Nigeria client of VT Markets?

Served via offshore VT Markets LLC (SVG) / VT Markets Ltd (Mauritius FSC).

What licence does VT Markets hold for Nigeria?

No licence number is published for this country.

What does one EURUSD lot cost at VT Markets?

6.0 USD per round turn against a Nigeria median of 6.0 USD, measured on 47 of 82 brokers.