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Our team of forex experts made a list of the best forex brokers in Nigeria, Africa you can trust.

1.      OctaFX

OctaFX is a well-regulated broker which offers traders with a variety in account options, competitive trading conditions, and a variety of financial instruments which can be traded.

When trading through OctaFX, traders have access to high leverage up to 1:500, spreads which typically start from 0 pips, reliable and fast deposit and withdrawal options, and powerful trading platforms through which trades can be conducted.

2.      FBS

FBS is well-regulated and authorized by CySEC and IFSC in offering traders from around the world with comprehensive trading solutions. There are four account options which traders can choose from, each account with its own tailormade, dynamic features.

The competitive trading conditions that traders can expect when trading through FBS is a high maximum leverage ration of up to 1:3000, spreads which start from 0 pips, a great variety of tradable financial instruments, and powerful trading platforms.

3.      AvaTrade

AvaTrade is one of the most popular and well-established brokers in the industry. Apart from being regulated by multiple entities, AvaTrade has also won numerous awards and offers the trade in more than 250 financial instruments.

AvaTrade offers some of the best trading conditions which consist of adequate leverage, competitive and tight spreads, zero-commission trading, powerful and innovative trading platforms, and more.

4.      Pepperstone

Pepperstone is one of the largest brokers in the industry and is strictly regulated by FCA and ASIC. Pepperstone facilitates the trades of a great variety of financial instruments, spread across several asset classes.

Nigerian traders have access to not only favourable, but competitive trading conditions where they get leverage up to 1:500, zero-pip spreads, ECN execution, powerful trading platforms, and the best, dedicated customer support.

5.      XTB

XTB is both reputable and well-regulated. XTB is especially known for its excellent trading academy and educational tools, material, and resources that it offers to traders despite their level of trading experience.

XTB offers the option of either a standard or a pro account, with the advantage that there is no minimum required deposit needed when registering an account.

XTB also offers its traders with competitive trading conditions consisting of tight spreads which start from 0.2 pips, access to leverage up to 1:200, and a variety of easy-to-use and reliable payment methods through which deposits and withdrawals can be made.

6.      Alpari

Alpari has been in operation since 1998 and is based in Mauritius with offices in St. Vincent and the Grenadines, Russia, and Nigeria. There are also several offices which are run by partners of Alpari in various countries.

Alpari offers the trade in a variety of forex and CFD instruments, which can be traded through the MetaTrader platforms. Alpari offers instant trade execution, competitive spreads, and some of the best, modern trading technological solutions.

When trading with Alpari, Nigerian traders will find that this broker, through its many years of operation, truly has the needs of its clients at heart. Alpari has won several international awards in recognition for its excellent services.

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