Trade Confidently with Exness in Nigeria

Find out how our platform helps Nigerian traders navigate forex and CFD markets with ease and transparency.

Who We Are and What We Stand For

When you’re stepping into the trading world, it’s easy to get overwhelmed by all the noise out there. But here at Exness, we’ve been at this since 2008 and have really honed in on what traders need day-to-day. We don’t just throw fancy terms your way; instead, we focus on what truly matters—fast and reliable execution, clear pricing, and support that actually responds when you reach out.

From our experience and feedback from users, many platforms promise the world but trip up on basics. That’s not how we roll. We offer both forex and CFD trading to over 18 million clients globally, and our number keeps growing because we stick to our core principles. Although we serve clients worldwide, today we’re focusing on how we help traders right here in Nigeria.

Feature Our Commitment
Execution Speed Milliseconds, not seconds
Spreads From 0.0 pips on Raw Spread accounts
Leverage Up to 1:2000 on forex pairs
Support 24/7 multilingual assistance

Choosing the Right Trading Platform for You

We get it—everyone’s trading style is different, and that’s why we offer both MetaTrader 4 and MetaTrader 5. If you like something straightforward, MT4 has been a trader’s favorite for years. But if you want faster execution and some cooler features, MT5 might be your pick.

What You Get on MT4 and MT5

Our platforms deliver execution speeds measured in milliseconds, super-tight spreads starting at zero on Raw accounts, and leverage up to 1:2000 for forex pairs. Plus, you can use Expert Advisors (EAs) on both, so if algorithmic trading is your thing, we’ve got you covered.

Our Proprietary Mobile App

For those who prefer trading on the go, our app is built to keep things simple but effective. You get live quotes, charts, one-click trading, and handy push notifications so you don’t miss key market moves.

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Understanding Our Account Types

From beginners to seasoned traders, our account options fit different needs and budgets. Here’s a quick look at the main types:

  • Standard Accounts: Start with just $1, no commissions, and spreads from 0.3 pips.
  • Raw Spread Accounts: Zero spreads on major pairs but with a small commission per trade.
  • Zero Accounts: Ultra-tight spreads and the lowest commissions, ideal for high-volume traders.
Account Type Minimum Deposit Spread Commission
Standard $1 From 0.3 pips None
Raw Spread $200 From 0.0 pips $3.50 per lot
Zero $500 From 0.0 pips From $0.2 per lot

How to Get Started with Us in Nigeria

Opening an account with Exness is pretty quick and straightforward, especially since we’ve designed it to avoid unnecessary hassle. Here’s how it works:

Step-by-Step Registration

  1. Visit our official website and click Open Account.
  2. Select Nigeria as your country—this ensures you see relevant payment options.
  3. Enter your email and create a secure password (8-15 characters, including uppercase, lowercase, number, and symbol).
  4. Choose between a Real or Demo account.
  5. Fill in your personal details to complete your profile.
  6. Verify your identity with our quick KYC process.

Documents You’ll Need

To get verified smoothly, have these ready:

  • Government-issued photo ID (passport, national ID, or driver’s license)
  • Proof of address like a recent utility bill or bank statement
  • Additional documents if requested, depending on your case
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What You Can Trade on Our Platform

We offer both forex and CFDs, so you’re not limited to just currency pairs. Here’s a glance at what’s available:

Forex Pairs

  • More than 107 currency pairs including majors like EUR/USD, GBP/USD, and USD/NGN
  • Minor and exotic pairs
  • Cryptocurrency pairs like Bitcoin and Ethereum

CFDs on Indices, Stocks, and Commodities

Besides forex, you can trade CFDs on popular indices such as S&P 500 and FTSE 100, commodities like gold and oil, and individual stocks from leading exchanges.

Instrument Type Leverage Minimum Trade Size Typical Spread
Forex Majors Up to 1:2000 0.01 lots From 0.0 pips
Stock Indices Up to 1:400 0.1 lots From 0.4 points
Commodities Up to 1:400 0.01 lots From 0.03

Making Deposits and Withdrawals Easy

One thing Nigerian traders often ask about is payment methods. We keep this simple and cheap—no deposit or withdrawal fees on our side, and multiple options supported.

Payment Options

  • Bank cards (Visa, Mastercard)
  • E-wallets like Skrill and Neteller
  • Cryptocurrencies including Bitcoin and Ethereum
  • Local payment systems depending on availability

Withdrawal Times

E-wallets and crypto usually process withdrawals within an hour, while bank cards take 1-3 business days. Bank transfers can take up to 3-5 business days.

Minimum Amounts

  • Minimum deposit: $1 for most methods
  • Minimum withdrawal: $1 for most methods

How We Support You Around the Clock

We know trading doesn’t always fit a 9-5 schedule, especially when you’re dealing with global markets. That’s why our support team is available 24/7, and in multiple languages including English spoken here in Nigeria.

Ways to Reach Us

  • Live chat directly on our website at any time
  • Email support with responses usually within a few hours
  • Phone support for urgent issues
  • Help center packed with FAQs and helpful articles

What We Can Help With

From account questions to technical issues and deposit or withdrawal help, we’re here. We also offer basic guidance on technical analysis and educational resources to boost your trading knowledge.

Support Channel Availability Typical Response Time
Live Chat 24/7 Immediate
Email 24/7 Within hours
Phone Business hours Minutes

Tools to Manage Risk and Trade Smarter

Trading can be risky, and we don’t shy away from that fact. That’s why we provide tools designed to help you control your exposure and protect your funds.

Stop Loss and Take Profit

Every trade can have these set so your positions close automatically at levels you choose. It’s simple but effective risk management.

Negative Balance Protection

Markets can move fast. If things go south, you won’t lose more than your account balance—no surprise debts.

Margin Call and Stop Out Levels

Account Type Margin Call Level Stop Out Level
Standard 60% 0%
Raw Spread 60% 0%
Zero 60% 0%

❓ FAQ

What makes Exness different from other brokers?

We focus on fast execution, transparent pricing starting from 0.0 pips, no hidden fees, and responsive support available 24/7. We’ve been around since 2008, growing steadily because we stick to these basics.

Can I start trading with a small amount?

Yes, you can open a Standard account with just $1 and trade micro lots, making it easy to start small while you build confidence.

How soon can I withdraw my funds?

E-wallet and crypto withdrawals typically process within an hour during business hours. Bank transfers may take 3 to 5 business days.

Do you offer demo accounts?

Absolutely. You can open unlimited demo accounts with virtual funds to practice and test strategies without risk.

What’s the maximum leverage available?

Up to 1:2000 on forex pairs, though this varies by account type and instrument. Remember, higher leverage increases both potential profits and risks.

Are Expert Advisors (EAs) supported?

Yes, EAs and algorithmic trading are fully supported on both MT4 and MT5 platforms.

What if I face technical issues during trading?

Contact our support team immediately. We work to resolve issues quickly and have procedures to compensate clients if platform problems cause losses.