According to some estimates, Retail Forex Trading in Nigeria has around 300-450 Million Naira ($10-$15m) daily trading volume. It has started gaining popularity among Investors recently as many ... This atmosphere prevented interest in Forex trading in Nigeria from taking off, but the picture has improved considerably since 2010 as a calmer financial environment and generally increasing prosperity began to prevail. FXTM is the sole international Forex / CFD broker with a physical location in the country. Adding to its appeal is the Naira trading account, which makes it very simple for ... According to themselves, they are the number 1 forex broker in Nigeria. With one of the most innovative trading apps in the business, a good selection of currency pairs, and a trading platform that’s praised by hobby traders of all backgrounds, it comes as no surprise why AvaTrade is the best forex broker in Nigeria. Selecting your first, or new forex broker is always a big moment. Depending on your trading style, there may be a number of brokers who are the best fit for you as a Nigerian trader.. Here we have gathered 10 of the best forex brokers in Nigeria to choose from. This should mean there is something to suit everyone. You might have heard terms like Retail Forex & currency exchange rates when you visit your Bank or Western Union, while travelling abroad or when you are sending money to your Family members ... List of Forex companies and services in Nigeria. Search for Forex with Addresses, Phone numbers, Reviews, Ratings and Photos on Nigeria Business Directory As there is no substantial legal framework for online forex and binary options brokers operating in Nigeria, no authority is overseeing their business activities. Apparently the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) are the bodies who have the power to establish a regulatory framework for trading in OTC derivatives in Nigeria. It’s in their powers to ...
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