Contents
Why a guide just for Nigerians
Most broker guides are written for nobody in particular. Opening and funding an account from Nigeria raises its own questions: whether a naira card will go through, whether you can hold naira at the broker, what the SEC thinks of offshore platforms, and what time London opens in Lagos. We cover one broker, FxPro, in that detail. We are an FxPro introducing broker, so if you open an account through our link, FxPro may pay us a commission; you pay no extra fee to us.
Three things that are different in Nigeria
- Regulation. FxPro is regulated in the UK, Cyprus, the Bahamas and the Seychelles, not by Nigeria’s Securities and Exchange Commission. The SEC is working on rules that would cover offshore brokers that accept Nigerians. Our regulation guide explains both.
- Funding. Naira cards work abroad again, but each bank sets its own international limit. FxPro lists NGN as a wallet and account currency for certain jurisdictions, which can remove the conversion step. See how to fund from Nigeria.
- Time zone. Nigeria is on WAT (UTC+1) all year. The forex week opens on Sunday night and the busiest hours are in the afternoon here; our trading hours guide has the table.
How to use this site
New to FxPro? Follow the six steps above. Looking for one answer? Start with the quick answers at the top, or the tutorials if you want to learn analysis, risk management and trading psychology with a small account. Every guide lists its sources and says when it was checked; how we work is on our About page.
Sources
Checked in October 2026. Found something out of date? Tell us and we will fix it.
