Top 10 Forex Brokers in Nigeria

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WikiFX is also the only platform which provides trading information and analysis free of charges for users to trade forex and get huge amounts of profit. Therefore, WikiFX is very helpful to all forex traders all over the global.

The Top 10 forex brokers in Nigeria which WikiFX has confirmed and trusted will be listed for Nigerian users to know which broker they suppose to trade to be safe and get more profit during forex trading marketing.

Below are the names and scores of confirmed top 10 forex broker Nigeria base on WikiFX in the year of 2022.

• EXNESS: 9.19

• IC MARKET: 9.19

• XM: 8.99

• AVATRADE:8.15

• FXCM: 8.12

• PEPERSTONE: 7.92

• DECODE GLOBAL: 7.8

• ZFX: 7.61

• ETORO: 7.5

• CJC MARKETS:7.26

Above are the top 10 forex brokers confirmed by WikiFX and you can use both of them for your trading activities. As you all know if you are a trader chosen wrong brokers may lead you to lose huge among of money.

That's why we are always advising you that anytime you want trade, make sure you know the full information of the broker that you want to trade. You can open WikiFX 24/7 to check for the full information of such brokers and it's totally free.

When did those 10 brokers are established？

EXNESS

Founded in 2008, Exness provides investors with a wide range of services and financial productivity, including currency and other business services.

Exness has higher quality customers services and there're 15 languages for good customer service management for clients.

At present, Exness has several branches under regulation: Exness (UK) Ltd authorized and regulated by FCA in the UK (license number 730729), Exness (Cy) Ltd regulated by CySEC in Cryprus, with regulatory license number 178/12, VLERIZO (PTY) LTD authorized and regulated by FSCA (regulatory license number 51024), Nymstar Limited regulated by FSA in Sychelles, with regulatory license number SD025.

IC MARKET

Established in 2007, IC Markets offers investors a diversified range of investment assets, mainly popular currency pairs in the foreign exchange market, commodities, indices, bonds, cryptocurrencies, stocks, futures.

Raw Trading Ltd registered in Seychelles with registration number: 8419879-2, is regulated by the Financial Services Authority of Seychelles with License number: SD018. Other entities of the group include:International Capital Markets Pty Ltd with registration number 123 289 109, regulated by the Australian Securities and Investments Commission with License No. 335692; IC Markets (EU) Ltd is a limited company registered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission with License No. 362/18; IC Markets Ltd, registered in The Bahamas with registration number 76823 C, is regulated by the Securities Commission of The Bahamas with License No. SIA-F214.

XM

Founded in 2009, XM it has over 5,000,000 from 196 countries and regions.

XM is currently regulated by the International Financial Services Commission of Belize (Regulation No. 000261/106), the Cyprus Securities and Exchange Commission (Regulation No. 120/10), the Seychelles Financial Service Authority ( Regulation No. SD010), the Australian Securities and Investments Commission (Regulation No. 443670), and the Dubai Financial Services Authority (Regulation No. F003484).

AVATRADE

AvaTrade was founded in 2006, considered as a lifetime broker in online industries with many business opportunities.

It has 7 major regulatory licenses worldwide, including the Central Bank of Ireland (CBI), the Polish Financial Supervisory Authority (KNF), the Australian Securities and Investments Commission (ASIC), the Japanese Financial Regulatory Agency (FSA), the British Virgin Islands Financial Services Commission(FSC), the South African Financial Services Commission (FSCA), and the Canadian Investment Industry Regulatory Commission Organization (IIROC), Abu Dhabi Financial Regulatory Services Authority.

FXCM

Many people in Nigeria are using FXCM because it's very good and easy. FXCM was founded since 1999 and its headquarters base in London with branches in some countries.

FXCM is currently fully licensed by the Australian Securities and Investments Commission ( regulatory license number 309763) , also fully licensed by the Financial Conduct Authority (license number 217689) in the UK.

PEPPERSTONE

Pepperstone was founded in 2010, providing forex and CFD trading services.

Pepperstone is headquartered in Melbourne, Australia, with offices in Bangkok, London, and Dallas. Pepperstone currently holds a full license from the Australian Securities and Investments Commission (FCA) (license number: 414530), an STP license from the UK Financial Markets Authority (license number: 684312), and a retail forex license from the Securities Commission of the Bahamas (SCB) (license number: SIA-F217).

DECODE GLOBAL

Decode Global was founded in 2004 with good trading experience for all individuals.

Decode Global Ltd Vanuatu is a registered Vanuatu company (Company Number 700415 ) and is regulated by the VFSC, with regulatory license number 700415.

ZFX

The full name is Zeal Capital Market, founded in UK 2010.

ZFX currently holds a straight-through license from the UK Financial Conduct Authority (License No. 768451) and a retail forex license from the Seychelles Financial Services Authority (License No. SD027).

ETORO

Founded in 2007, eToro is an online trading platform yet to have physical branches.

Currently, eToro subsidiaries are regulated by the following authorities: eToro (Europe) Ltd., authorised and regulated by the Cyprus Securities Exchange Commission (CySEC) under the license # 109/10; eToro (UK) Ltd, authorised and regulated by the Financial Conduct Authority (FCA) under the license FRN 583263; eToro AUS Capital Limited authorised by the Australian Securities and Investments Commission (ASIC) under Australian Financial Services License 491139. eToro (Seychelles) Ltd. licenced by the Financial Services Authority Seychelles (“FSAS”) under the Securities Act 2007 License SD076.

CJC MARKETS

CJC Markets allowed to trade multiple financial assets, such as forex, commodities, metals, and other stocks.

CJC Markets Limited is authorized and regulated by the Financial Transactions and Reports Analysis Center of Canada (FINTRAC), with Regulatory License No. M20571687.

Those are some little introduction about the top 10 brokers.

You can get full information when you visit www.wikifx.com. It's also available when searching 1 by 1 on WikiFX Application.