Standard
From $10 · spreads from 1.2 pips
- — 100+ tradable CFD instruments
- — Fast market execution
- — Multiple Order Type
Countries · Africa
Online forex broker for traders in Nigeria
Nigeria is one of Africa's largest retail forex markets, and traders in Lagos, Abuja and Port Harcourt share London's working day almost hour for hour. ZYZ Capital offers USD-denominated MetaTrader 5 accounts from $10, gold and index CFDs, and a swap-free option for Muslim traders in the north and beyond.
- Local time zone
- West Africa Time (GMT+1)
- Main cities
- Lagos, Abuja, Port Harcourt
- Minimum deposit
- $10 (Standard account)
- Platform
- MetaTrader 5 — web, desktop, Android, iOS
- Client support
- Multilingual · 24/7
- Islamic account
- Swap-free on request
Forex market hours in Lagos time
| Session | Opens (GMT+1) | Closes (GMT+1) |
|---|---|---|
| Sydney | 23:00 | 08:00 |
| Tokyo | 01:00 | 10:00 |
| London | 09:00 | 18:00 |
| New York | 14:00 | 23:00 |
| London–New York overlap | 14:00 | 18:00 |
The forex week opens on Sunday 23:00 and closes on Friday 23:00 Lagos time. Times shown follow European and US winter time; subtract one hour while Europe and the US observe daylight saving.
Popular markets with traders in Nigeria
One MetaTrader 5 account gives traders in Nigeria access to major, minor and exotic currency pairs, gold, silver and platinum, WTI and Brent crude, natural gas and leading cash indices from the US, Europe and Asia.
Accounts for Nigeria traders
Pro
From $5,000 · spreads from 0.0 pips
- — Premium execution with bank, brokerage, and client liquidity
- — Fast market execution
- — Multiple Order Type
Bullion
From $20,000 · spreads from 0.0 pips
- — Premium execution with bank, brokerage, and client liquidity
- — Fast market execution
- — Multiple Order Type
Why traders in Nigeria choose ZYZ Capital
- Low entry point: start with $10 on a Standard account and scale up to Pro or Bullion pricing as your trading grows.
- Swap-free trading: Islamic accounts with no overnight interest, available on request.
- MetaTrader 5 everywhere: trade from Lagos on desktop, in the browser or on Android and iOS with one login.
- 24/7 support: a multilingual desk for account, verification, funding and platform questions.
- Protected client funds: client money is held in segregated accounts. Read more on our security of funds page.
Before you open an account
ZYZ Capital Limited (Registration No. 2024-00712) is incorporated in Saint Lucia and provides execution-only services. It is your responsibility to make sure that trading leveraged products is permitted where you live. Trading forex and CFDs carries a high level of risk and may not be suitable for everyone. See our risk disclaimer and regional restrictions.
FAQ
Questions, answered
Can I open a ZYZ Capital trading account from Nigeria?
Yes. Residents of Nigeria can register online in a few minutes. ZYZ Capital Limited is incorporated in Saint Lucia (Registration No. 2024-00712) and serves clients internationally. You are responsible for confirming that trading leveraged products is permitted under the laws of Nigeria.
What is the best time to trade forex in Nigeria?
Liquidity is usually deepest when the London and New York sessions overlap, which is between 14:00 and 18:00 West Africa Time (GMT+1) in Lagos. Times move one hour earlier while Europe and the US are on summer time.
What is the minimum deposit for traders in Nigeria?
The Standard account starts from $10. Pro starts from $5,000 and Bullion from $20,000. Accounts are held in US dollars; if you fund in Nigerian naira (NGN) by card or bank transfer, your bank or card issuer converts the amount.
Is a swap-free Islamic account available in Nigeria?
Yes. Swap-free accounts are available on request for traders in Nigeria. No overnight interest is charged or paid on positions held past the daily rollover.
Which trading platform can I use in Nigeria?
MetaTrader 5, on the web, Windows desktop, Android and iOS. One login works across every device.
How do I contact ZYZ Capital support from Nigeria?
Our multilingual support desk is available 24/7. Email info@zyzcapitalltd.com or use the contact form on our website and we will reply as quickly as possible.
Start trading from Nigeria
Open a live account in minutes and trade forex, gold and indices from Lagos on MetaTrader 5.