CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trade only with money you can afford to lose.
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For traders in Nigeria

Trade Forex & CFDs with Exness

Open an Exness account with no minimum initial deposit and trade forex, metals, crypto and more on MT4, MT5, the Exness Terminal and the Exness Trade app — with spreads from 0.0 pips and automatic withdrawals. Terms can change, so check the current details before you trade.

Processing times may vary depending on the chosen payment method.

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100+ instruments  ·  Founded 2008

Exness runs as an online multi-asset broker built around MT4, MT5, the Exness Terminal and the Exness Trade app, covering forex, metals, crypto, energies, stocks and index CFDs from one account. Getting started takes an email sign-up plus ID verification; Standard and Standard Cent then need no set minimum to fund, while Raw Spread and Zero quote from 0.0 pips for traders watching spread cost. Withdrawals mostly clear automatically, and West Africa Time (WAT, UTC+1) sits inside the trading day for the major forex sessions, so London and part of the New York session overlap comfortably with local evening hours. No local licence covers this broker where Nigerian traders are based — check what applies before funding an account.

Processing times may vary depending on the chosen payment method.

none on Standard accountsMin deposit
355Instruments
2008Founded

Minimum deposit applicable; may vary based on payment method or geographic location.

Why traders choose Exness

Processing times may vary depending on the chosen payment method.

Exness account types at a glance

AccountPlatformSpread fromCommissionSuited to
StandardMT4 / MT5 / Terminalfrom 0.3 pips$0Most beginners — no minimum initial deposit
Standard CentMT4 / MT5from 0.3 pips$0Practising with micro cent-sized lots — no minimum initial deposit
ProMT4 / MT5 / Terminalfrom 0.1 pips$0Instant execution, no commission — $200 minimum deposit
Raw SpreadMT4 / MT5 / Terminalfrom 0.0 pipsup to $3.50 / side / lotTight raw spreads + low commission — $200 minimum deposit
ZeroMT4 / MT5 / Terminal0.0 pips on majorsfrom $0.20 / side0.0 pip spreads on top instruments — $200 minimum deposit

Minimum deposit applicable; may vary based on payment method or geographic location.

Delays and slippage may occur. No guarantee of execution speed or precision.

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Explore Exness

More: fees & costs, what you can trade, login, gold trading and how to open an account.

Exness — quick verdict

Exness is a globally established broker (since 2008). With no minimum initial deposit on Standard accounts, raw spreads from 0.0 pips and fast, automatic withdrawals, it is a popular choice for forex and CFD traders. You can also read independent Exness reviews on Trustpilot. CFDs carry a high risk of losing money — confirm the latest terms before depositing.

Processing times may vary depending on the chosen payment method.

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Frequently asked questions

Is Exness available to traders based?
Nigerian residents can register and verify an account, though Exness holds no local licence. Confirm what applies in your situation before you fund an account.
How much money is needed to start?
Standard and Standard Cent open with no set minimum; Pro, Raw Spread and Zero each need a $200 minimum deposit. Minimum deposit applicable; may vary based on payment method or geographic location.
Do Nigerian trading hours line up with the main forex sessions?
West Africa Time (WAT) sits one hour ahead of UTC, which puts the London session comfortably inside the local afternoon and evening, with New York overlapping into the evening hours too.
Which currency does a Nigerian account trade in?
The account is opened in a base currency such as USD — chosen once, at sign-up. A naira (NGN) deposit is converted by the payment provider at its own rate.
Is trading forex from Nigeria legal?
That depends on rules that sit outside Exness — check what applies where you live. Trading CFDs carries a high risk of losing money, so only risk funds you can afford to lose.
What do I need to open an account from Nigeria?
An email address, a valid ID document for verification, and a funding method accepted by the payment provider you choose at sign-up.

Reviews

What traders say about Exness:

★★★★★
Top of the line. Overall 10 out of 10 in every inspection
— azaaaaaannnnnnb2026-05-31
★★★★☆
Initial Deposit. Everything is well. Initial Deposit should be again decreased to lowest same like before so that new traders can easily trade
— Mohsin Kaleem2026-04-30
★★★★★
Best trading site. You can make trust on this trading site and invest your money
— adam khan laghari2026-04-05
★☆☆☆☆
Exness. They're terrible, thieves! I swear, it dropped 300 points in a minute! Another broker didn't let it drop like that. This drop was just to make me lose money. They're thieves and scammers!
— huwadin2025-11-27