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Capital.com in Nigeria — review, licence and costs
Cost calculator (median of 57 priced of 81)
Score (6 of 6 axes scored)
ranked against full-basis brokers
Who actually onboards you
- Entity that onboards Nigeria residents
- Nigerian clients are served under the offshore international entity regulated by the Securities Commission of The Bahamas (SCB), not a local entity.
- Local standing
- Offshore (Bahamas SCB); not registered with Nigeria's SEC, so no local investor-compensation scheme.
- Licence as the register states it
- SCB (Bahamas) Securities Dealer licence SIA-F245; no Nigerian SEC registration.
- Leverage for this entity
- Up to 1:200 via the SCB entity; not capped by a local Nigerian regulator.
- The firm behind it
- Founded 2016; multi-regulated CFD/fintech broker with offices in London, Limassol and Dubai.
- What we hold against it
- Served via offshore Bahamas entity; caveat is offshore protection vs local SEC oversight.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Nigerian residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore (Bahamas SCB); not registered with Nigeria's SEC, so no local investor-compensation scheme.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against Nigeria market median(priced from 57 of 81)
Medians run over the 57 of 81 brokers that publish a price for Nigeria, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Single universal 'Standard' retail account (no tiered accounts), separate Professional status for eligible clients. Min deposit 20 USD/EUR/GBP by card, 50 by wire. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Taxes for a Nigerian resident(1 rule)
- Trading profits are taxable and must be declared to the Nigeria Revenue Service (NRS, formerly FIRS).https://capital.com/countries_list_uab
Not tax advice. Check with the FIRS.
Deposit and withdrawal methods (3 methods · 0 local rails)
Cards, bank transfer and e-wallets;
- Cards
- Bank transfer
- E-wallets
- Account currency
- No NGN account; USD-denominated, so naira deposits incur conversion.
- Fee declared
- 3 of 3 methods
- Withdrawal back to
- the funding method
Where it does not serve(7 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(6 platforms)
- Proprietary web and mobile app
- MT4
- MT5
- TradingView
| Class | Count | Min spread |
|---|---|---|
| Proprietary web and mobile app | — | 0.6 |
| MT4 | — | 0.6 |
| MT5 | — | 0.6 |
| TradingView | — | 0.6 |
| Forex pairs | 120+ | — |
| Indices | 35+ | — |
147 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 141 more.
Identical for every row: Leverage 200 NG.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.6 | 1,861 |
Share of reviewers in Nigeria: — The platform does not publish it.
Pros and cons(5 for and 2 against, each tied to a figure on this page)
- Round turn 6 USD on the standard basis, under the Nigeria median 6.5
- Withdrawal in 24 h, one of 71 of 81 brokers here that publish a time
- Swap-free account available
- Round-turn cost 95 of 100, its strongest of 6 scored axes
- 4 platforms: Proprietary web and mobile app, MT4, MT5, TradingView
- No Nigeria authorisation on file: the entity that onboards you is licensed elsewhere
- Safety 0 of 100, its weakest of 6 scored axes
Alternatives in Nigeria(6 of 81 scored in Nigeria)
- Round turn, USD
- 6NG
- Min deposit, USD
- 0 groupNG
- Leverage
- 500NG
- Rank in this country
- #17
- Round turn, USD
- 4.8NG
- Min deposit, USD
- 0NG
- Leverage
- 500NG
- Rank in this country
- #29
- Round turn, USD
- 6NG
- Min deposit, USD
- 10NG
- Leverage
- 3000NG
- Rank in this country
- #26
- Round turn, USD
- 7NG
- Min deposit, USD
- 10 groupNG
- Leverage
- 200NG
- Rank in this country
- #13
- Round turn, USD
- 5NG
- Min deposit, USD
- 10 groupNG
- Leverage
- 2000NG
- Rank in this country
- #38
- Round turn, USD
- 6NG
- Min deposit, USD
- 5NG
- Leverage
- 5000 group
- Rank in this country
- #30
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Nigeria score. Full methodology
| Axis | Weight | What is measured | Capital.com |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 80 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 95 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 80 |
| Track record | 10% | Years since the firm was founded, from its own filings | 50 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 80 |
Where Capital.com sits in the Nigeria base(81 brokers)
Round-turn cost, USD (57 of 81 priced)
Median 6.5 USD · range 3-20 · this broker 6 USD · 24 of 81 brokers do not publish it
Minimum deposit, USD (29 of 81 priced)
Median 20 USD · range 0-100 · this broker 20 USD · 52 of 81 brokers do not publish it
Retail leverage (53 of 81 with a Nigeria figure)
Median 1:500 · range 100-3000 · this broker 1:200 · 28 of 81 brokers do not publish it
Withdrawal time published (81 brokers)
FAQ
- Does Capital.com accept residents of Nigeria?
- No. Offshore (Bahamas SCB); not registered with Nigeria's SEC, so no local investor-compensation scheme. Onboarding entity: Nigerian clients are served under the offshore international entity regulated by the Securities Commission of The Bahamas (SCB), not a local entity.
- Is Capital.com licensed to serve clients in Nigeria?
- SCB (Bahamas) Securities Dealer licence SIA-F245; no Nigerian SEC registration. Checked on 09.07.2026.
- How much does one round turn cost at Capital.com?
- About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for Nigeria is 6.5 USD.
- What leverage does Capital.com offer to retail clients in Nigeria?
- Up to 1:200. Up to 1:200 via the SCB entity; not capped by a local Nigerian regulator.
- Which trading platforms does Capital.com support?
- Proprietary web and mobile app, MT4, MT5, TradingView. Instruments: CFD-only broker; 4,500-6,000+ CFDs across shares, indices, commodities, forex, crypto and ETFs (285+ crypto CFDs).
- How can I withdraw money from Capital.com in Nigeria?
- Cards, bank transfer and e-wallets; no verified NGN-specific local rail at review.
- What account types does Capital.com offer?
- Single universal 'Standard' retail account (no tiered accounts); separate Professional status for eligible clients. Min deposit 20 USD/EUR/GBP by card, 50 by wire.
- Does Capital.com offer a swap-free (Islamic) account?
- Yes. Capital.com offers a swap-free (Islamic) account to Nigeria residents.