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Fastest-withdrawal brokers in Nigeria

Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.

Key facts (65 of 81 counts · 75 brokers onboarding Nigerian residents)

65of 81
qualify for this ranking
80% of 81
47of 65
scored on all six axes
72% of 65
57of 81
publish a price
70% of 81
53of 81
publish a leverage figure for this country
65% of 81

Top 3 (of 3 ranked)

1FP Markets4.12highest score of the three · cheapest priced of the three · offshore/unregulated locally in nigeria;2OctaFX4.07not licensed by cbn or nigerian sec; ret · withdrawal in 3 h3FxPro4.07unregulated locally; sec nigeria does no · withdrawal in 3 h

Fastest-withdrawal brokers in Nigeria (65 of 81)

By slice score, formula v1.0. · 65 of 75 brokers in this ranking · all 65
#BrokerRound turn, USDNGMin deposit, USDNGLeverageWithdrawal, hNGScoreExecutionFoundedFunding
1
—10000 NGN—stated, not verified244.18—20031 methods · local
2
6100 group500NG244.12ECN/raw + standard20053 methods
3
925 group1000 groupNG34.07ECN/raw + standard20111 methods · local
4
7100 group200NG34.07ECN/raw + standard20064 methods · local
5
4.20 group200NG244.03ECN/raw + standard20014 methods
6
4302000NG244.02ECN/raw + standard19982 methods · local
7
510 group2000NG244ECN/raw + standard20123 methods
8
5100 group3000NG243.98ECN/raw + standard20077 methods · local
9
31 group500NG243.97ECN/raw + standard20057 methods
10
350 group3000NG243.94ECN/raw + standard20094 methods
11
620200NG243.92Standard20163 methods
12
60 group2000NG243.92ECN/raw + standard20108 methods · local
13
650 group500NG483.91ECN/raw + standard20054 methods
14
—1 group—stated, not verified243.87—20142 methods · local
15
710 group200NG243.86ECN/raw + standard20105 methods
16
750500NG243.84ECN/raw + standard20104 methods
17
7100 group500NG243.84ECN/raw + standard20167 methods
18
710 group1000NG243.84ECN/raw + standard20083 methods
19
6501000NG243.81ECN/raw + standard20205 methods
20
9100 group400 groupNG243.81Standard20063 methods · local
21
650 group1000NG483.8ECN/raw + standard19986 methods
22
7100200NG243.8ECN/raw + standard20104 methods
23
420200NG483.79Standard2011—
24
7100 group1000NG243.77ECN/raw + standard20136 methods
25
31 group—stated, not verified0.53.77ECN/raw + standard20234 methods · local
26
8303000NG243.76ECN/raw + standard19986 methods · local
27
70 group1000NG243.73ECN/raw + standard20144 methods · local
28
650500NG723.7ECN/raw + standard20206 methods · local
29
75 group1000NG243.67ECN/raw + standard20095 methods
30
6103000NG483.67ECN/raw + standard20123 methods · local
31
70 group500NG483.66ECN/raw + standard20075 methods · local
32
6102000NG0.173.66ECN/raw + standard20045 methods · local
33
4.80500NG1203.64ECN/raw + standard20176 methods
34
655000 groupNG723.64ECN/raw + standard20195 methods · local
35
7100 group500NG483.63ECN/raw + standard20094 methods
36
—50500NG243.63ECN/raw + standard20054 methods · local
37
7501000NG243.63ECN/raw + standard20195 methods
38
135 group3000NG243.63Standard20093 methods · local
39
—300 group500NG13.61—20154 methods · local
40
7.550 group400NG723.6ECN/raw + standard19995 methods · local
41
5.5101000NG1203.55ECN/raw + standard20146 methods
42
6100 group500NG723.51ECN/raw + standard20153 methods
43
510 group2000NG243.49ECN/raw + standard20094 methods
44
750100NG243.48ECN/raw + standard20102 methods
45
60200NG1203.41Standard20143 methods · local
46
910 group1000NG483.4ECN/raw + standard—4 methods
47
—10—stated, not verified483.39—19951 methods · local
48
8100200NG723.35ECN/raw + standard20126 methods · local
49
3.510 group2000NG243.33ECN/raw + standard20113 methods · local
50
—10—stated, not verified963.3—20192 methods · local
51
910 group500NG243.29ECN/raw + standard20063 methods
52
—11000NG73.28ECN/raw + standard20074 methods · local
53
181001000NG2403.25ECN/raw + standard20085 methods
54
1010 group—stated, not verified1683.19Standard2007—
55
15250 group1000NG243.18Standard20158 methods · local
56
13.60 group200NG1203.14ECN/raw + standard19743 methods
57
3.112000NG1203.11ECN/raw + standard20064 methods · local
58
2015 group500NG483.06ECN/raw + standard20156 methods · local
59
18501000NG723.04Standard20215 methods
60
—0 group200 groupNG1202.98ECN/raw + standard1989—
61
—1 group400NG72—ECN/raw + standard20065 methods
62
———stated, not verified3——20163 methods · local
63
—10—stated, not verified24——20182 methods · local
64
———stated, not verified24——19911 methods · local
65
———stated, not verified24——20121 methods · local
Ten are shown; the button opens the rest.

"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.

— the broker does not publish this figure; it is not read as a zero and it is not scored.

Eightcap publishes a retail leverage of 1:500 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.

Identical for every row, so it is stated once: Who onboards Local · SEC Nigeria · Swap-free fee none, no limit · NGN account Yes.

1. FP Markets — highest score of the three · cheapest priced of the three · offshore/unregulated locally in nigeria; (score 4.12)

Round turn
6 USD
Withdrawal
1 business day
NGN account
USD/EUR/GBP/AUD and others; no NGN-denominated account.
Leverage
500NG
Accepts residents
through an offshore entity
Onboarding entity
FP Markets LLC
Founded
2005
Register
https://fpmarkets.com/regulation · 09.07.2026
Group leverage
offshoregroup
Instruments
10,000+ CFDs: 60+ FX pairs, indices, commodities, shares, ETFs, bonds and crypto CFDs.
Platforms
MT5cTraderWebTradingView
Funding
Cards, bank wire and e-wallets; local NGN bank transfer availability not verified at review.
Not served
United States of America, Japan, North Korea, Iran, Iraq, Belgium, Canada
  • Reviews25%90
  • Round-turn cost20%95
  • Safety0
  • Payouts15%80
  • Track record10%100
  • Platforms70
Why it ranks here

Round turn 6 USD against the slice median 6.5 USD. strongest axis track record 100 of 100. total score 4.12.

Watch for

Payouts axis 58 of 100; e-wallet times not published.

Full review of FP Markets

2. OctaFX — not licensed by cbn or nigerian sec; ret · withdrawal in 3 h (score 4.07)

Round turn
9 USD
Withdrawal
1-3 hours
NGN account
USD/EUR; no NGN base account verified.
Leverage
1000 groupNG
Accepts residents
through an offshore entity
Onboarding entity
Octa Markets Ltd
Founded
2011
Register
https://octabroker.com · 09.07.2026
Group leverage
offshore
Instruments
FX, metals, indices, commodities, crypto & stock CFDs.
Platforms
MT5MT4Web
Funding
Naira local bank transfer commonly cited; verify at signup.
Not served
Russia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, Guam
    Why it ranks here

    Round turn 9 USD against the slice median 6.5 USD. strongest axis payouts 98 of 100. total score 4.07.

    Watch for

    Min deposit 200 USD, double the Nigeria median of 50; withdrawal time not published.

    Full review of OctaFX

    3. FxPro — unregulated locally; sec nigeria does no · withdrawal in 3 h (score 4.07)

      Why it ranks here

      Round turn 7 USD against the slice median 6.5 USD. strongest axis track record 100 of 100. total score 4.07.

      Watch for

      Onboards Nigerian residents through an offshore entity: no SEC Nigeria licence, no SEC Nigeria complaints route, no NGN account.

      Full review of FxPro

      What the data shows(65 of 81 distributions · 75 brokers)

      Swap-free availability (65 of 81 brokers)

      68%30/44
      Offered30Not offered14

      Admin fee after the free period (65 of 81 swap-free)

      53%16/30
      Never16After 3–30 days9not published5

      Who onboards Nigerian residents (65 of 81 brokers)

      45%20/44
      Local SEC Nigeria entity20Offshore entity24

      NGN account (65 of 81 brokers)

      36%16/44
      Yes16No23not published5

      Withdrawal time, hours (37 of 81 · median 24 h)

      34<50
      1100
      1150
      1200
      0>200

      Minimum deposit, USD (68 of 81 · median 10 USD)

      52<100
      13200
      1300
      2400
      0>400

      Full list(65 of 81)

      1. 1Meristem Stockbrokers4.18
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Min deposit, USD
        10000 NGN
        NGN
        Yes
      2. 2FP Markets4.12
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        100 group
        Leverage
        500NG
        NGN
        Yes
      3. 3OctaFX4.07
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        9
        Min deposit, USD
        25 group
        Leverage
        1000 groupNG
        NGN
        Yes
      4. 4FxPro4.07
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        100 group
        Leverage
        200NG
        NGN
        Yes
      5. 5ActivTrades4.03
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        4.2
        Min deposit, USD
        0 group
        Leverage
        200NG
        NGN
        Yes
      6. 6Exinity4.02
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        4
        Min deposit, USD
        30
        Leverage
        2000NG
        NGN
        Yes
      7. 7BDSwiss4
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        5
        Min deposit, USD
        10 group
        Leverage
        2000NG
        NGN
        Yes
      8. 8AMarkets3.98
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        5
        Min deposit, USD
        100 group
        Leverage
        3000NG
        NGN
        Yes
      9. 9FXOpen3.97
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        3
        Min deposit, USD
        1 group
        Leverage
        500NG
        NGN
        Yes
      10. 10Traders Trust3.94
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        3
        Min deposit, USD
        50 group
        Leverage
        3000NG
        NGN
        Yes
      11. 11Capital.com3.92
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        20
        Leverage
        200NG
        NGN
        Yes
      12. 12HFM3.92
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        0 group
        Leverage
        2000NG
        NGN
        Yes
      13. 13MultiBank Group3.91
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        50 group
        Leverage
        500NG
        NGN
        Yes
      14. 14Risevest3.87
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Min deposit, USD
        1 group
        NGN
        Yes
      15. 15Pepperstone3.86
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        10 group
        Leverage
        200NG
        NGN
        Yes
      16. 16ThinkMarkets3.84
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        50
        Leverage
        500NG
        NGN
        Yes
      17. 17Blueberry Markets3.84
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        100 group
        Leverage
        500NG
        NGN
        Yes
      18. 18NordFX3.84
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        10 group
        Leverage
        1000NG
        NGN
        Yes
      19. 19Errante3.81
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        50
        Leverage
        1000NG
        NGN
        Yes
      20. 20AvaTrade3.81
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        9
        Min deposit, USD
        100 group
        Leverage
        400 groupNG
        NGN
        Yes
      21. 21FIBO Group3.8
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        50 group
        Leverage
        1000NG
        NGN
        Yes
      22. 22FXChoice3.8
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        100
        Leverage
        200NG
        NGN
        Yes
      23. 23Mitrade3.79
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        4
        Min deposit, USD
        20
        Leverage
        200NG
        NGN
        Yes
      24. 24TMGM3.77
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        100 group
        Leverage
        1000NG
        NGN
        Yes
      25. 25Headway3.77
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        3
        Min deposit, USD
        1 group
        NGN
        Yes
      26. 26Alpari3.76
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        8
        Min deposit, USD
        30
        Leverage
        3000NG
        NGN
        Yes
      27. 27Doo Prime3.73
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        0 group
        Leverage
        1000NG
        NGN
        Yes
      28. 28Vantage3.7
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        50
        Leverage
        500NG
        NGN
        Yes
      29. 29XM3.67
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        5 group
        Leverage
        1000NG
        NGN
        Yes
      30. 30JustMarkets3.67
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        10
        Leverage
        3000NG
        NGN
        Yes
      31. 31Axi3.66
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        0 group
        Leverage
        500NG
        NGN
        Yes
      32. 32FreshForex3.66
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        10
        Leverage
        2000NG
        NGN
        Yes
      33. 33Fusion Markets3.64
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        4.8
        Min deposit, USD
        0
        Leverage
        500NG
        NGN
        Yes
      34. 34FXGT3.64
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        5
        Leverage
        5000 groupNG
        NGN
        Yes
      35. 35Eightcap3.63
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        100 group
        Leverage
        500NG
        NGN
        Yes
      36. 36LiteFinance3.63
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Min deposit, USD
        50
        Leverage
        500NG
        NGN
        Yes
      37. 37Moneta Markets3.63
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        50
        Leverage
        1000NG
        NGN
        Yes
      38. 38FBS3.63
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        13
        Min deposit, USD
        5 group
        Leverage
        3000NG
        NGN
        Yes
      39. 39Milton Prime3.61
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Min deposit, USD
        300 group
        Leverage
        500NG
        NGN
        Yes
      40. 40FXCM3.6
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7.5
        Min deposit, USD
        50 group
        Leverage
        400NG
        NGN
        Yes
      41. 41XChief3.55
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        5.5
        Min deposit, USD
        10
        Leverage
        1000NG
        NGN
        Yes
      42. 42VT Markets3.51
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        100 group
        Leverage
        500NG
        NGN
        Yes
      43. 43RoboForex3.49
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        5
        Min deposit, USD
        10 group
        Leverage
        2000NG
        NGN
        Yes
      44. 44Amana Capital3.48
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        7
        Min deposit, USD
        50
        Leverage
        100NG
        NGN
        Yes
      45. 45Trade Nation3.41
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        6
        Min deposit, USD
        0
        Leverage
        200NG
        NGN
        Yes
      46. 46Scope Markets3.4
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        9
        Min deposit, USD
        10 group
        Leverage
        1000NG
        NGN
        Yes
      47. 47Afrinvest Securities3.39
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Min deposit, USD
        10
        NGN
        Yes
      48. 48CMTrading3.35
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        8
        Min deposit, USD
        100
        Leverage
        200NG
        NGN
        Yes
      49. 49FXTM3.33
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        3.5
        Min deposit, USD
        10 group
        Leverage
        2000NG
        NGN
        Yes
      50. 50Chaka3.3
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Min deposit, USD
        10
        NGN
        Yes
      51. 51Grand Capital3.29
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        9
        Min deposit, USD
        10 group
        Leverage
        500NG
        NGN
        Yes
      52. 52InstaForex3.28
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Min deposit, USD
        1
        Leverage
        1000NG
        NGN
        Yes
      53. 53IronFX3.25
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        18
        Min deposit, USD
        100
        Leverage
        1000NG
        NGN
        Yes
      54. 54eToro3.19
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        10
        Min deposit, USD
        10 group
        NGN
        Yes
      55. 55NAGA3.18
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        15
        Min deposit, USD
        250 group
        Leverage
        1000NG
        NGN
        Yes
      56. 56IG Markets3.14
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        13.6
        Min deposit, USD
        0 group
        Leverage
        200NG
        NGN
        Yes
      57. 57Weltrade3.11
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        3.1
        Min deposit, USD
        1
        Leverage
        2000NG
        NGN
        Yes
      58. 58ForexMart3.06
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        20
        Min deposit, USD
        15 group
        Leverage
        500NG
        NGN
        Yes
      59. 59T4Trade3.04
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Round turn, USD
        18
        Min deposit, USD
        50
        Leverage
        1000NG
        NGN
        Yes
      60. 60CMC Markets2.98
        Onboards
        Local · SEC Nigeria
        Swap-free
        none, no limit
        Min deposit, USD
        0 group
        Leverage
        200 groupNG
        NGN
        Yes

      How to read this ranking

      1. Start with the figure this page ranks on.

        Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.

      2. Check which company would onboard you.

        The same brand can take a resident of Nigeria through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.

      3. Read the cost beside the deposit.

        The median round turn across this country is 6.5 USD and the median minimum deposit 20.0 USD; a low deposit beside a wide spread takes the difference back on every trade.

      Neighbouring slices(6 rankings · 6 explainers)

      Same country
      Explained

      FAQ

      How many brokers qualify for this ranking in Nigeria?
      65 of 81 brokers measured for this country qualify.
      Which broker leads it, and on what basis?
      FP Markets leads it with a score of 4.12. The order is computed score, highest first; unscored brokers follow.
      What does a trade typically cost here?
      The median round turn - spread plus commission for one standard lot, in and out - is 6.5 USD across the brokers that publish both parts.
      Why do some rows show a dash instead of a figure?
      Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.

      How this slice is scored

      Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology

      Verified · What changed · Sources(65 of 81 broker records)

      Verified01.10.2026
      data re-captured 28.09.2026

      Risk warning and affiliate disclosure

      CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.