22/07/ · CBN Warns Authorized Dealers Against Funding Items Classified as “Not Valid for Forex” – Jul 01, 3. CBN Includes Furnitures in Imported Goods and Services Classified as Invalid for Nigerian Forex Market – Jun 24, 4. CBN Classifies 40 Imported Goods and Services as Invalid for Nigerian Forex Market - Jun 24, 18/04/ · It has offices in multiple countries of the world but does not have a local office in Nigeria. Avatrade offers a single account type that does not involve any commission. The floating spreads are competitive as the average spread on EUR/USD is pips. The minimum deposit ($) is slightly higher than many other regulated forex brokers in Nigeria. Traders can choose between USD and Estimated Reading Time: 9 mins 21/05/ · There are a few forex brokers that offer Sign Up Bonus without any deposit. 5 Best No Deposit Bonus Forex Brokers. We looked into all the brokers that offer No deposit bonus to Nigerian traders, and then we hand-picked the few popular ones. Let’s start by comparing the bonus & the terms to avail the bonus for 4 brokers in our list! 1) $30 Bonus by XM:Estimated Reading Time: 9 mins
Legal Nigerian Forex Brokers - Best Forex Trading Platforms
Read our full eToro review to find the alternatives. Important Note: eToro does not accept clients from Nigeria any longer during the time of this review update in January, If this changes in future then we will update you accordingly. They are regulated and authorized globally multiple by Top-tier 1 and 2 regulatory bodies. These include the FCS in the UK Financial Conduct AuthorityASIC in Australia Australian Securities and Investments Commissionand CySEC Cyprus Securities and Exchange Commission.
eToro does not accepts traders from Nigeria for now. You can deposit funds without any commission, through multiple methods. eToro offers wide range of CFD trading instruments including CFDs on Stocks, Commodities, Forex, ETFs, Cryptos, Indices. Their support is okay. eToro is considered safe for online trading as their are regulated with multiple regulators. Moreover, you are offered several risk management features for ensuring the safety of your funds. The funds of all the clients are held in segregated bank accounts by eToro.
eToro also ensures the security of all the data of the clients as far as privacy and security are concerned. They make use of SSL for authenticating data transfers. The fees with eToro are variable based on the instrument being traded.
However, they offer commission-free trading and only spread, and swap fees are charged. Moreover, non-USD deposits will also incur conversion fees, since eToro only offers USD accounts. However, just logging into your Account is considered as an activity. eToro Account Types eToro offers 2 very simple account types — Demo Account and a Live Account. eToro offers free demo account. Demo Account is suitable for beginner traders, so you can get used to their platform.
You are offered a comprehensive demo Account with virtual money, where you can test your strategy. You can access demo account at eToro immediately after registration — even before the submission of your KYC documents. Opening a Live account with eToro requires a few extra steps than for the opening of your Demo Account.
The max. leverage offered is up to All the financial instruments available for trading at eToro can be accessed under this account. The leverage is restricted with this account. Negative balance protection is available for Retail traders. b eToro Professional Account This account is for Professional traders, and you get higher leverage with this account.
But you will be required to fulfill forex not available nigeria criteria for demonstrating your past trading experience to qualify for the Professional Account. It is because of the higher level of risk that is associated with using higher leverage when trading CFDs.
You will be offered maximum leverage of upto — depending on the trading instruments. You are also offered negative balance protection with this account by eToro. Wide range of instruments are available for trading at eToro. These include Cryptocurrencies, Forex Currency pairs, Stocks, Indices, forex not available nigeria, ETFs, and Commodities. Some of the major stocks offered by the platform include Amazon, Facebook, Google, forex not available nigeria, Tesla, and Apple.
There are 13 indices available on their platform which include FRA40, SPX, DJ30, NSDQ, and GER from Monday to Friday.
You can access the support through multiple channels. You can fill the support ticket form on their website, and you will get a response on your email too. We received their response the next day, although it was slow but was helpful. It is very simple to use. Overall, the Customer Service at EToro is fair.
However, their support is not accessible 24×7 and Live Chat is restricted only to logged in users, forex not available nigeria, so if you are a visitor looking to get answers to your questions then you would need to open a support ticket in that case. So, in terms of forex not available nigeria of your funds, trading on their platform is considered safe. Especially, their crypto trading instruments are quite large compared to other brokers.
Their trading fees i. their spread is not that high, when we compare it to other brokers like Hotforex, FXTM etc. Their FAQs section is also easy to understand. However, there exist some drawbacks as well. eToro non-trading fees are somewhat high and you can only open USD base currency accounts, forex not available nigeria.
We only accept user reviews that add value to fellow Nigerian Traders. Unfortunately, not all reviews that you post with us will be published on the website. Thank you for helping out other traders with your valueable feedback! Important: We don't accept any payments or kickbacks from any forex broker s to delete or change any forex not available nigeria. Based on our Rating of 8 brokers. Disclosure: We may earn a small commission if you decide to sign up through links in this review.
Thanks for your support! NG is an Investment Comparison website with an aim to help Investors in Nigeria find the best forex brokers.
Read More. Read full risk disclaimer. NG: Your Guide to Forex Trading in Nigeria. All Rights Reserved, Rating 7. Submit Your Review. Minimum Deposit. Visit eToro Nigeria, forex not available nigeria. eToro Pros eToro is regulated by multiple Top Tier regulators, forex not available nigeria, so considered safe. Wide range of instruments available for trading.
Good mobile trading app. eToro Cons Does not accept clients from Nigeria. Trading fees is higher than other platforms. Broker Name eToro Nigeria Year Founded Website www. Visit Broker. We recommend eToro Nigeria Trade Cryptos, Forex at low fees with eToro Get Started. Best Rated Forex Brokers 1 FXTM Nigeria 2 Hotforex Nigeria 3 OctaFX Nigeria 4 XM Forex 5 Avatrade 6 Alpari Nigeria. Helpful Links Best Forex Forex not available nigeria in Nigeria Forex Trading Tutorials Bitcoin Trading in Nigeria Best ECN Brokers Best Bitcoin Brokers in Nigeria Risk Disclaimer.
How To Open/Fund/Withdraw Money From A Live Forex Trading Account-For Nigerians
, time: 11:5210 Best Forex Brokers In Nigeria [ Regulated Brokers]
21/05/ · There are a few forex brokers that offer Sign Up Bonus without any deposit. 5 Best No Deposit Bonus Forex Brokers. We looked into all the brokers that offer No deposit bonus to Nigerian traders, and then we hand-picked the few popular ones. Let’s start by comparing the bonus & the terms to avail the bonus for 4 brokers in our list! 1) $30 Bonus by XM:Estimated Reading Time: 9 mins 18/04/ · It has offices in multiple countries of the world but does not have a local office in Nigeria. Avatrade offers a single account type that does not involve any commission. The floating spreads are competitive as the average spread on EUR/USD is pips. The minimum deposit ($) is slightly higher than many other regulated forex brokers in Nigeria. Traders can choose between USD and Estimated Reading Time: 9 mins 05/09/ · Since eToro does not accept traders from Nigeria, you can look at the list of best forex brokers & if you are looking to trade crypto CFDs, then refer to this list of Bitcoin Trading Platforms accepting traders in Nigeria. On the plus side, eToro is regulated with 3 reputed Financial regulators FCA, CySEC & blogger.com Name: eToro Nigeria
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