Forex & CFDs

Forex brokers, tested first-hand

Brokers that actually accept Nigerian and emerging-market traders. We open funded accounts and measure the costs ourselves — no rankings bought, no numbers we have not verified.

Forex brokers — tap a name for the full review.
Broker Type Min deposit Regulation Avg EUR/USD spread Open account
HFM (HF Markets) Top pick Forex from $5 FCA (UK), CySEC (Cyprus) testing in progress Open →
XM Forex from $30 CySEC (Cyprus), ASIC (Australia) testing in progress Open →
HFM (HF Markets) Top pick

Africa-focused broker with genuine local regulation and a near-zero entry point.

Min deposit
from $5
Regulation
FCA (UK), CySEC (Cyprus)
XM

A trusted global brand with a $30 entry bar and strong beginner support.

Min deposit
from $30
Regulation
CySEC (Cyprus), ASIC (Australia)

Not sure which fits you?

Use the Broker Matcher →