Best Forex Brokers in Nigeria
To help Nigerian forex traders choose a broker, we compared the fees and forex trading platforms to find the best forex brokers in Nigeria. Only CBN regulated forex brokers and brokers from ‘tier 1’ regions such as Europe were part of this May 2022 comparison.

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Ask an Expert
Does Nigeria have a regulator?
Nigeria had two financial regulators – The Central Bank of Nigeria (CBN) and the Securities and exchange commission (SEC) who have the authorisation to make laws and regulations regarding the trading of financial derivative products in Nigeria. While these bodies have the powers, at this time there is no process for brokers to obtain official regulation to operate in Nigeria.
Is octafx good forex broker
We have never reviewed Octafx so cannot give a fair assessment but we plan to review them sometime this year