Is Forex Trading Legal in Nigeria? Yes forex trading is legal in Nigeria. With the rapidly growing Nigerian economy, it was no wonder that the Nigerian forex market has witnessed rapid growth during the past decade, as more and more middle class Nigerians have been joining the fx market. This boom has led to many scams and fraud taking place 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 1/1/ · Account Minimum: ₦ or $10 (Cent Account) Leverage: Promotion: No Deposit Bonus available currently. Ranks #1 Forex Broker in Nigeria. Forextime or FXTM is the best forex broker in Nigeria, and they are one of the few forex brokers that has local office & phone number in Nigeria
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, time: 3:2310 Best Forex Brokers In Nigeria [ Regulated Brokers]
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 Top 10 Forex Brokers In Nigeria. Our best list of registered forex brokers in Nigeria is. blogger.com - Best Forex Broker In Nigeria. Pepperstone - MT4 Best Forex Trading Platform. FP Markets - STP Forex Trading Account. FXTM - Nigerian Naira (NGN) Funding. IC Markets - Lowest Spread Nigerian Broker 1/1/ · Account Minimum: ₦ or $10 (Cent Account) Leverage: Promotion: No Deposit Bonus available currently. Ranks #1 Forex Broker in Nigeria. Forextime or FXTM is the best forex broker in Nigeria, and they are one of the few forex brokers that has local office & phone number in Nigeria
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