Exness office in nigeria

Exness office in nigeria

Best CBN Regulated Forex Brokers in Nigeria,Exness Trading Costs

The Exness Group operates numerous entities including: E xness (SC) LTD is a Securities Dealer registered in Seychelles with registration number and authorised by the Financial Services Authority (FSA) with licence number SD The registered office of E xness (SC) LTD is at 9A, CT House, 2nd Floor, Providence, Mahe, Seychelles Central Office Park, Jean Avenue, Unit 4 Johannesburg Curaçao Emancipatie Boulevard Dominico F. “Don” Martina 31 British Virgin Islands Trinity Chambers, P.O. Box Road The Exness Group operates numerous entities including: E xness (SC) LTD is a Securities Dealer registered in Seychelles with registration number and authorised by the Financial 07/12/ · The registered office of Exness B.V. is at Emancipatie Boulevard Dominico F. “Don” Martina 31, Curaçao. Venico Capital Limited is authorized by the Financial Services 06/05/ · Exness Broker Review Overall Rating / 5 Visit Broker Accepts Nigerian Clients. Average spread EUR/USD pips on trading account with lowest minimum deposit. ... read more

Neteller Skrill su [email protected]. Sign in. your username. your password. Password recovery. your email. Forex Pedia. The number of CFDs on stocks, indices, energies, and metals is decent when compared to other regulated brokers in Nigeria.

Exness does not charge any fees on deposits and withdrawals for most of the methods however some of the third-party methods may incur additional charges on transactions. Traders in Nigeria can deposit at Exness with multiple methods. The minimum deposit amount, time taken to process, as well as additional charges, can be different for each method. Offline Local Bank Transfer: Nigerian traders can fund their accounts with local bank deposits offline.

This is a much quicker alternative as the payment gets processed within 3 hours. There is no lower cap on the amount for this deposit method. E-wallets: Skrill, Webmoney, SticPay, and a few other E-wallets can also be used to deposit at Exness.

This might incur additional commission from the third-party E-wallets which may not be covered by Exness. Bitcoin: Deposits can also be made through Bitcoin cryptocurrency. Local bank transfer is the best alternative for traders in Nigeria. There is no lower limit for the deposit on a Standard account. All the methods available for deposits are also available for withdrawal. The withdrawals can only be done with the same method used for depositing. Compared to other regulated forex brokers in Nigeria, we found Exness to be quite convenient as the lower cap on deposit amount is much lower.

The availability of local bank transfers with no additional commission makes it much comfortable for Nigerian traders. We also enquired from their customer support staff regarding the same. Yes, we do recommend Exness to traders who wish to trade forex and CFDs from a regulated broker at low spreads with a low minimum deposit.

It offers a significant number of currency pairs and has different account types suitable for every type of trader. The customer support is user-friendly and helpful but a local Nigerian phone number is not available. Traders in Nigeria can have a trading account with Naira NGN or any other currency as a base currency. Compared to all the regulated forex and CFD brokers in Nigeria, we found several advantages of choosing Exness over others.

Exness is regulated by top-tier FSCA South Africa and CySEC Cyprus. Forex trading is not yet regulated in Nigeria but choosing a foreign regulated forex broker is safe and legal in Nigeria.

The minimum deposit and withdrawal requirement at Exness depends on the method of deposit. Exness allows forex trading with low spreads and very low minimum deposit requirement and can be a good choice for those seeking to learn forex trading with smaller amounts.

However, the educational tools are limited and the maximum leverage is very high making it risky for beginners. Exness Nigeria Review Exness is our 3 ranked forex and CFD broker in Nigeria. Regulated By: FCA, CySEC, FSCA, FSA. Headquarters: F20, 1st floor, Eden Plaza, Eden Island, Seychelles.

Foundation Year: Exness Nigeria Pros Exness is regulated by top tier FCA and CySEC, hence considered safe. It is one of the oldest forex and CFD brokers in Nigeria. It offers the highest number of currency pairs in Nigeria. The spreads are comparatively lower than a majority of other reputed brokers operating in Nigeria.

The maximum leverage is as high as Exness supports Naira trading account with NGN as the base currency. Exness accepts deposit and withdrawal through local banks transfer in Nigeria. Hotforex Nigeria Cons Exness does not have a local office in Nigeria. Exness does not have a local phone number in Nigeria for customer support. There is no bonus offer available.

MetaTrader trading platform MT4 and MT5 is often a good start for serious beginners. It is even better if the platform offered supports mobile trading. Below is a picture of how MetaTrader 4 trading platform will look like on PC. There are plenty of features and tools on each trading platform that can enhance trading experience.

It is important to spend time and effort learning about the features and use of a platform before trading real money. Practicing demo trading with a broker that you are about to choose can help with the decision, but remember that live trading conditions would vary. Order Execution: Order Execution must be quick, without any re-quotes or slippage.

Some brokers provide instant execution of orders mostly with market maker brokers while others provide Market Execution price is generated while execution, hence a possibility of slippages. and provide quick responses to emails within hours. If there is a Nigerian phone number for support, then it is even better.

In our review of various Forex platforms, we found that HotForex and FXTM offer local phone numbers for support. Almost every regulated broker has live chat support. the quality of the support service can be different for each broker.

Traders can raise a random query to check the quality of support service on their own. Ease of Deposit and Withdrawal: The convenience of deposit and withdrawal can have a major impact on the trading experience with any of the forex and CFD broker.

You may not want to trade with a broker that has limitations, restrictions, or penalties on your preferred mode of transaction.

Traders must check all the conditions for the preferred method of transaction. You can also inquire the customer support executives about deposit and withdrawals methods and conditions. Most Nigerian traders prefer to transact with Naira NGN from local banks but many offshore regulated brokers do not support deposits and withdrawals in Naira.

The minimum amount, transaction fees, and currency conversion fees if any should be checked for every method of deposit and withdrawal separately.

There are a few common mistakes the new traders do while searching for the best forex brokers in Nigeria. Do not rely completely on suggestions of friends or family. You must do your own research. Checking reviews and gathering data can greatly assist but your selection should be based on your preference.

A suitable broker for one trader may not be ideal for the other trader. You must not fall for the prey. Many fake or unlicensed brokers offer lucrative bonuses to attract new traders.

The bonus offers must be utilized but only after choosing a broker based on the above-mentioned factors. Do not make a decision only due to low fees. Brokers with low fees are always preferred by beginners but fake brokers take advantage of this preference.

They may offer very low and unrealistic fees to get your deposits. Regulations must be checked thoroughly.

Leverage is a two-edged sword. Involving leverage in trades allows traders to open large positions with a smaller account balance. Profits can be increased with leverage but the losses will also be high with high leverage. Many countries have certain limits on leverage but no such limits are there in Nigeria.

Beginners must not choose brokers only because they offer the high leverage. Instead, leverage usage should be kept low in the initial phase.

CFD trading is not suitable for everyone. Forex or CFD trading should not be done because someone you know is doing it or someone has made too much money. It is a risky financial market and may not be ideal for you. Identify your trading objectives, do some research and analysis combined with disciplined planning and strategy. Currently, there are no forex brokers registered with regulators in Nigeria.

All the forex brokers that accept traders from Nigeria are foreign CFD brokers. You can choose any forex broker that is regulated by major regulators like ASIC, FCA or CySEC. There are some brokers like Plus that offer their own proprietary platforms, but you should choose Metatrader brokers instead as you will get more customization options including support for EA, custom indicators, etc. Currently only 3 forex brokers i. Hotforex, OctaFX , ForexTime have local offices in Nigeria, although they are not regulated by Nigerian regulators.

Most other forex brokers are operating from foreign countries. These brokers also accept local bank transfers as a deposit option in Nigeria, and also offer a Naira withdrawal option, so you can withdraw your trading balance locally.

The trading charges can vary depending on the instruments. All these brokers also offer withdrawals in Naira to any local bank account in Nigeria. The withdrawal time for Bank transfers is varied depending on the broker.

FXTM processes it in 24 hours, while other brokers take longer. TradeForexNigeria Editor Last Updated: March 29, Leverage Available instruments Visit. Available instruments: 62 currency pairs, 19 CFDs.

Visit Hotforex. Multiple account types to suit the needs of different types of traders Hotforex has negative balance protection, and segregation of funds for investor protection. Plus, they also have a local phone number for support. Accounts can be opened with NGN as base currency Hotforex has local office in Nigeria. Read detailed Hotforex Review. Visit XM. Read detailed XM Review.

Visit Exness. What we like about Exness Low minimum deposit requirement Lower spreads than many of the regulated forex brokers in Nigeria A large number of currency pairs are available to trade Multiple choices of account types to suit different types of traders Exness allows local bank transfer in Nigeria.

Read detailed exness Review. Visit FXTM. What we like about FXTM Low minimum deposit requirement Multiple top-tier regulatory license Availability of NGN based trading account The research and education tools are excellent FXTM allows commission free local bank transfer in Nigeria Local office and local phone support available in Nigeria. Read detailed FXTM Review. Visit OctaFX.

Exness Group is regulated by different top-level regulatory authorities with different entities. So, it is safe to trade with this broker and any Nigerian resident can easily open a trading account and deposit funds easily by using the broker-provided payment gateways. To know more, please visit the broker website — www.

NB: Here, we have listed the regulation and its detailed information. OPEN A DEMO ACCOUNT. Home Training Analysis FX Broker FX Bonus Real Account Exness FBS Instaforex IC Markets XM.

Neteller Skrill su [email protected]. Sign in. your username. your password. Password recovery. your email. Forex Pedia. Home Is Exness regulated in Nigeria? Unfortunately, Exness broker is not registered and regulated by the Securities and Exchange Commission of Nigeria SEC for any financial operations but any residents from Nigeria can register and trade with exness without having any issues.

Also, you can check our Exness Broker FAQ to know the answers to the most common questions. If you have any feedback or questions regarding this article, please let us know in the comments box below. We will try to assist you. If this article seems useful for your then please click the like button below. You can also share your valuable feedback or ask questions in the below comment section. Also, subscribe to our newsletter for trading-related updates.

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Exness Broker Review,Deposit and Withdrawal on Exness using Offline Bank Transfers in Japan

26/03/ · XM does not have a local office in Nigeria and no local phone support is available for customer support. The support executives can be reached out through the live chat window Exness appeared on the market in Since then we have continuously created the new and improved the old, so that your trading on the platform is seamless and lucrative. And that’s just 07/12/ · The registered office of Exness B.V. is at Emancipatie Boulevard Dominico F. “Don” Martina 31, Curaçao. Venico Capital Limited is authorized by the Financial Services The Exness Group operates numerous entities including: E xness (SC) LTD is a Securities Dealer registered in Seychelles with registration number and authorised by the Financial Services Authority (FSA) with licence number SD The registered office of E xness (SC) LTD is at 9A, CT House, 2nd Floor, Providence, Mahe, Seychelles 29/03/ · Exness is regulated by FSCA (FSP no. ) and CySEC (/12). It was launched in and offers trading on more than instruments including currency 06/05/ · Exness Broker Review Overall Rating / 5 Visit Broker Accepts Nigerian Clients. Average spread EUR/USD pips on trading account with lowest minimum deposit. ... read more

Many countries have certain limits on leverage but no such limits are there in Nigeria. Visit XM. Each CFD instrument has different swap rates for long and short positions. More than 20 CFD brokers offer forex trading services in Nigeria. Visit Tickmill. The processing time can also be different for each of the funding and withdrawal methods.

Currently only 3 forex brokers i. The availability of local bank transfers with no additional commission makes it much comfortable for Nigerian traders. NGN-based accounts are not available. Exness accepts deposit exness office in nigeria withdrawal through local banks transfer in Nigeria. Select the trading account you would like to withdraw funds from and specify NGN as the currency of operation. The processing time can also be different for each of the funding and withdrawal methods.