Compare Online Brokers

3 brokers (out of 9 in Nigeria)

4XC

$50 min. deposit

1:500 leverage

Trading Forex/CFDs on margin carries a high level of risk.

Updated Feb 2024

FxPro

$100 min. deposit

1:200 leverage

79.28% of retail CFD accounts lose money

Updated Dec 2023

LiteFinance

$50 min. deposit

1:1000 leverage

83% of retail CFD accounts lose money

Updated Jan 2024

  • Overall
    4.1 / 5
  • Markets
    3.8 / 5
  • Trading environment
    4.4 / 5
  • Deposits and withdrawals
    4.5 / 5
  • Investor protection
    3.0 / 5
  • Customer service
    4.7 / 5
  • Likes
  • Enjoy flexible leverage up to 1:500.
  • Choose between MetaTrader 4 and 5.
  • All trading styles and Expert Advisors are allowed.
  • Fast execution speeds from its London data-centre.
  • Dislikes
  • Negative balance protection is only available across Forex and precious metals.
  • 4XC is regulated in the Cook Islands, a country without an investor compensation fund.
  • Overall
    4.6 / 5
  • Markets
    4.1 / 5
  • Trading environment
    4.9 / 5
  • Deposits and withdrawals
    4.6 / 5
  • Investor protection
    4.8 / 5
  • Customer service
    4.7 / 5
  • Likes
  • CFDs on 250+ instruments.
  • FxPro accepts all trading styles on MT4/5 and cTrader.
  • Trade on fixed or floating spreads, with or without commission.
  • Many deposit methods, including crypto and broker-to-broker transfers.
  • Get daily trading signals from Trading Central.
  • Dislikes
  • You cannot trade CFDs on ETFs or government bonds.
  • Copy trading isn't available.
  • Overall
    3.9 / 5
  • Markets
    4.0 / 5
  • Trading environment
    4.4 / 5
  • Deposits and withdrawals
    4.2 / 5
  • Investor protection
    2.0 / 5
  • Customer service
    4.7 / 5
  • Likes
  • All trading strategies are allowed.
  • Get free daily technical and fundamental analysis.
  • Receive up to 2.5% interest on used funds.
  • Copy trading accounts are also available.
  • Dislikes
  • Withdrawals fees are somewhat high, especially card withdrawals.

Easily navigate this review:

Markets
Asset classes (#)Visit 4XC Visit FxPro Visit LiteFinance
Forex (CFD)607057
Cryptos (CFD)*52763
Stocks (CFD)137135
Indices (CFD)111815
Metals (CFD)285
Energy (CFD)243
Commodities (CFD)45

* Availability is subject to local laws and regulations.

Trading environment
PlatformsVisit 4XC Visit FxPro Visit LiteFinance
MT4
MT5
cTrader
Copy trading
Other platformsWeb trader
Deposits and withdrawals
Deposits and withdrawals (Fiat)Visit 4XC Visit FxPro Visit LiteFinance
Bank transfer
Broker to broker transfer
Debit card
Credit card
Alipay
AstroPay
Banco Plural
bitwallet
CashU
FasaPay
Globepay
Help2Pay
M-PESA *
MoneyGram
MTS.ru
Multibanko
NETELLER *
OKPAY
Payeer
PayPal
PayRetailers
Perfect Money
QIWI Wallet
QQ
Skrill *
STICPAY
WebMoney
WeChat
Western Union
Yandex.Money
2c2p
Deposits and withdrawals (Crypto)Visit 4XC Visit FxPro Visit LiteFinance
BTC (Bitcoin)
BCH (Bitcoin Cash)
BTG (Bitcoin Gold)
DASH (Dash)
ETH (Ethereum)
LTC (Litecoin)
USDC (Circle)
USDT (Tether)
Account base currenciesVisit 4XC Visit FxPro Visit LiteFinance
AUD
BRL
CHF
EUR
GBP
HUF
JPY
PLN
USD
ZAR
Investor protection
Regulated entitiesVisit 4XC Visit FxPro Visit LiteFinance
Bahamas
Cook Islands
Cyprus (EU)
South Africa
St. Vincent & the Grenadines
UK
4XC

Visit 4XC ▷

Trading Forex/CFDs on margin carries a high level of risk.
FxPro

Visit FxPro ▷

79.28% of retail CFD accounts lose money
LiteFinance

Visit LiteFinance ▷

83% of retail CFD accounts lose money