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Are you looking for the best options trading platform in Nigeria? This country is interesting because it has been a center of financial in Africa for many years.
You must know that it has several reputable financial markets. The major markets there are like NSE which run it’s business on shares, stocks, forex futures, precious metals, and so on.
The economic climate there is quite comfortable for a lot of traders and investors. Trading is also becoming more popular right now because it is supported by the perfect aspects around.
Those are like the Advanxed technology, wider internet coverage, and interesting competition between many good brokers. These make the market is easier to be accessed and the cost is lower.
The Best Options Trading Platform in Nigeria
Since the situation is perfect, you will see a lot of brokers in Nigeria. It is a great thing, but sometimes it can make you more confuse to choose.
That is why; you should compare them based on several aspects. Those are like the regulations, min deposits, benefits, fees, funding methods, and many more again.
So, you maybe want to know the lists, right? Below are the top and best options trading platform in Nigeria which you can join.
1. IC Markets
IC markets is one of the options where it accepts the Nigerian clients. It uses the regulation of Financial Services Authority (FSA), Australian Securities and Investments Commission (ASIC), and CYSEC.
CYSEC is one of the most familiar ones in this industry. The minimum deposit is 200 and it allows you to do hedging, scalping, etc. It accepts many payment methods.
Those are like from PayPal, Bank Transfer, and Credit Card. The demo account is also available and this platform also has the quite complete features.
2. XTB Online
It is one of the best options trading platform in Nigeria because XTB comes with various different types of accounts. One of them is the Islamic account.
This XTB online is under the license of various well known company such as CYSEC, FCA, DIFC, and many more again. It has no minimum deposit so that people can feel free to register.
XTB online offers STP, negative balance protection, allows people to do scalping, hedging, and so on. You can do the transactions through bank transfers, credit card, or PayPal.
3. XM
XM is one of the best options trading platform in Nigeria with the lowest minimum deposit. This platform is also a legal since it is under a regulation of several trusted companies.
Those are like the FSC, CYSEC, and asic. However, you should know that XM only accepts two types of payment methods where those are the Bank Transfer and Credit-card.
Just like others, it also allows scalping, hedging, and offers the negative Balance protections. XM has five different account types such as Standard, demo, micro, zero spread, and Islamic.
4. FP Markets
This options trading platform in Nigeria comes with it’s good features and services. Those are like various payment methods (bank transfer, PayPal, and Credit card).
The minimum deposit that it has is only 100 where it is suitable for beginner traders too. It is also the best options trading platform in Nigeria which have various types of accounts.