List of Binary Options Brokers in Nigeria

Binary options trading is fast gaining grounds in Nigeria, almost rubbing shoulders with the more popular online forex and sports trading among Nigerians. Over the last few years, a couple of binary options brokers have extended their platform and services to Nigeria as this wasn’t the case in the past.

In this article, we have listed the popular binary options brokers whose services are available to Nigerian traders. This list also contain some key features about the companies so you can have some information about them before you register on their website. Remember you must be 18 years of age and above before trading binary options.

This list is in no particular order.

Boss Capita?l: it gives up to 85% bonus. It is ideal for both beginner and experienced traders alike with extensive learning tools. It offers over 200 trade-able assets which includes stocks, commodity, currencies and indices. Payment and withdrawal could be made through visa, MasterCard and wire transfer.

IQ Option?: IQ Option was established in 2013. This platform does not offer any sign up bonus. It offers 24 hours support. They have many Nigerian customers who are trading and making money with them. it allows minimum deposit of 5 dollars. Minimum and maximum trades are 5 and 100,000 dollars respectively. The platform does not have deposit bonus. There is robust demo account system. They have payment agent in Nigeria that can help you fund and withdraw from your account. Call 08144333114

HighLow?: payment and withdrawal could be made through bank wire, credit cards, GiroPay, Neteller and Sofort. It trades in only English, Japanese and Chinese languages.

Alpari?: Alpari does not operate demo account. Minimum deposit on the platform is 200 dollars. Alpari trades in over 20 countries and in over 10 different languages.

Dukascopy?: trades in about 20 different currencies, in over 20 languages and countries. Payment can only be made through bank wire and credit card. It has demo account platform.

ExpertOption?: active in over 20 countries and in over 10 languages, ExpertOption is among the elite brokers of prominence. It was established in 2015 and regulated by Russia’s CROFR (Financial Market Relations Regulation Center)

Ayrex?: minimum trade and minimum deposit are 5 dollars respectively. The maximum you can trade on Ayrex is 1000 dollars. This platform lacks demo account.

Binarium?: the minimum deposit and minimum trade are $9 and $1 respectively. No deposit bonus, no demo account. It is headquartered in Cyprus and regulated by CROFR (Russia).

Grand Capital?: does not have demo account. It has deposit bonus of up to $500. It was established in 2006. The headquarter of Grand Capital is in Seychelles.

uTrader?: this is one of the binary option brokers in Nigeria. Minimum deposit and trade are 200 and 5 dollars respectively. Trading languages include English, German, Russia and polish.

Finrally?: it is a UK company. The company was launched in 2014. minimum deposit on this platform is 25 dollars. While minimum trade is $1.

Olymp Trade:  They offer demo account for new traders to practice. 10USD is the minimum deposit required before you can start trading. Their are a Russian broker, but are licensed to serve international customers.

Binomo: A fast growing binary option trading platform in Nigeria that accepts trading at low as $1. They provide new traders with a $1000 demo account so you can practise trading.

24Option: They are a reliable binary options broker with presence in Nigeria. They give a deposit bonus of up to 50% for new customers.

TradeRush?: it is ideal for beginners. It offers alternative language for none native English speakers. TradeRush has about 150 tradeable assets. Signup bonus ranges from 20-75%.

Redwood Option?: this platform is relatively new. Redwood offers over 150 assets for customers to choose from. Bonus ranges from 30%-70% depending on the type of account you open.