2022 List of Legit Forex Investment Companies in Nigeria

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Forex investment or Forex trading in Nigeria is not new, but getting a legit Forex investment company in Nigeria that you can invest your money with is actually a very difficult great task.

In this article, we have an awesome carefully selected list of some legit and trusted forex investment companies you can invest your hard-earned money with to trade forex.

You can consider these companies some of the best forex brokers in Nigeria. Among these top forex brokers in Nigeria, we have OctaFX, Pepperstone forex, and efx investment among others. Read on.


1. OctaFX

OctaFX is one of the best and legit STP Forex brokers which was founded in July 2011. This is actually my best forex investment site because they help Forex traders find the best trading conditions in the Forex market.

They also create a cost-effective trading experience where Forex traders, both new and professional forex traders, can earn more with the same investment

OctaFX is a leading forex investment company you can also trust. Since it was established, it has experienced tremendous growth also success stories. They have received 28 forex industry awards, with over 1.5 million trading accounts registered, over 288 million trades executed, and also said to have covered 100 countries in the world.

They have something called copy trading. This basically means copying a successful trader’s trade and make money off it. This means you don’t need to know much about trading, you just need to select a successful trader’s trade and copy with just a click and start making money. To join OctaFX copy trading, click here and register. This offer is only open for a limited time.


They also have an academy with a trading tiger which I strongly advise you to enroll. The academy is completely free, with no hidden charges. It will help you learn more than just the basics of trading, but how to execute successful trades. You have nothing to lose by this enrollment, just learn for free, then after that, you can start thinking of investing money or not.

To open an account with OctaFX, please use this link here.

Other benefits you stand to enjoy when you register and invest with OctaFX includes

  • Tight Spreads: With the lowest spreads in the Forex industry you have an opportunity to earn 25% more than with other Forex brokers. This will allow you to maximize your gain from every trade you made on their platform.
  • 50% deposit bonus: you get a 50% deposit bonus on OctaFX which gives you the advantage to open positions of higher volume and support your trades with the 50%bonus. The interesting part is that you can also withdraw the bonus after meeting volume requirements.
  • Rewarding loyalty proves: OctaFX offers a program known as “Trade & Win program” on its platform, which allows you to benefit even more. I.e, you get lots to win prizes for trading with them and you can exchange the prize lots for gadgets and merchandise.
  • Fast deposits and withdrawal: with OctaFX, you enjoy a fast deposit and withdrawal system. You can start trading right after making a successful deposit and you can as well withdraw your profits in no Tim
  • No commission on deposits: on OctaFX, you enjoy a no commission on deposits and withdrawals and one of the best exchange rates among forex brokers, which is always at your service when you trade with OctaFX.

What I like most about OctaFX

Other than being one of the best platforms out there, they have 2 amazing features that make them the absolute best


  1. The free academy which teaches you forex. No commitments involved whatsoever.
  2. Copy Trading. This is probably the most important part of trading. Copying is allowed. Look at the chart and copy someone who has consistently been known to know what he is doing.

Join OctaFX here.

2. Pepperstone

Pepperstone is an award-winning forex investment company. They are one of the most legit forex investment companies in Nigeria and have won multiple prestigious awards from Investment Trends, Deloitte, and Compare Forex Brokers and they are proud to be recognized for consistently exceptional customer service, excellent trading conditions, and offering value for money.

Pepperstone is a worldwide recognized forex broker, you can invest with, they are trusted by over 57,000 traders worldwide. Pepperstone was founded in 2010 in Melbourne, Australia by a team of experienced traders with a shared commitment to improve the world of online trading.


Frustrated by delayed executions, expensive prices, and poor customer support, they set out to provide traders around the world with superior technology, low-cost spreads, and a genuine commitment to helping them master the trade. Pepperstone is a forex broker recognized worldwide, is also available in Nigeria.

Top 10 Best Forex Trading Platforms (2020) – Nigerian Infopedia

Pepperstone offers a simple and user-friendly user interface, making it quick and easy to get started. The application is in minutes with a simple application process that has been put in place. Pepperstone claims to provide you with everything you need to take on the global markets with confidence.

They offer clients a demo account you can use to practice and get familiar with the platform and know how it works. They also offer to the client a live account that you can fund from any part of the world with your Automated teller machine (ATM) card, to start trading and making a profit once you have studied the website and gained the necessary skill and confidence to start trading.


To get started visit; https://www.pepperstone.com

Related: 14 Ways Nigerians Can Start Making Money On Facebook Today

3. IC Markets

Another legit forex investment company in Nigeria is IC Markets and it is a regulated Forex CFD Provider. IC Markets fills the gap between retail and institutional traders, making the world more tradable for everyone.

IC Markets is one of the most renowned Forex CFD providers. They offer trading solutions for active day traders and scalpers as well as traders that are new to the forex market. IC Markets offers its clients cutting edge trading platforms, low latency connectivity, and superior liquidity.

IC Markets is revolutionizing on-line forex trading. Traders are now able to gain access to pricing which was previously only available to investment banks and high net worth individuals.


IC Markets was incorporated by a team of professionals in the financial services industry who were instrumental in the success of one of the largest regulated CFD providers.

Their mission is to create the best and most transparent trading experience for retail and institutional clients alike allowing traders to focus more on their trading. Built by traders for traders IC Markets is dedicated to offering superior spreads, execution, and service. They make forex trading in Nigeria look easy.

IC Markets sought to bridge the gap between retail and institutional clients offering a trading solution previously only available to Investment banks and high net worth individuals. IC Markets Raw Spread Connectivity was born, providing superior execution technology, lower spreads, and unrivaled liquidity.


IC Markets is dedicated to innovation, constant improvement, and utilizing cutting edge technology previously unavailable.

They also offer a free demo account where you can practice and get familiar with their trading portal and alive account that you can find from any part of the world.

So if you want to do forex investment, you can consider them.

To get started, visit https://www.icmarkets.com


Forextime which is also known as FXTM was established in 2011, the FXTM brand is a global leader in online trading, bringing the opportunities of financial markets to global audiences, wherever they are and whatever their financial ambitions are. It is a top legit forex investment company in Nigeria

They are specialists in leveraged trading, giving you the potential to generate financial returns on both rising and falling prices across FX, indices, commodities, shares, and cryptocurrencies. Whether you’re an experienced trader or completely new to it, we’re here to help you find freedom in the financial markets.


The group’s global network of offices and regulations spans Europe, Africa, Asia, and Latin America, and they have already attracted over 3 million clients across 180 countries including Nigeria.

By trading on the FXTM platform, you stand to enjoy many benefits such as;

  • Operating an account that suits your kind of trader.
  • Low trading costs and super fast trade execution – ( You can check out their performance scorecard)
  • The world’s most popular trading platform – choose MT4 or MT5 on mobile, desktop, or web
  • Free forex education courses and guides to help you get started or build your trading skills
  • Discover over 5,000 traders to copy, with their innovative copy trading program. FXTM Invest. Etc.
  • You get access to a free demo account that is funded to test the platform and your trading skills and also a live account that can be funded from any part of the world to trade when you are ready.

To get started, visit their website, https://www.forextime.com



Clients have the advantage of mobile trading, one-click order execution, and trading from real-time charts. In addition, FXCM offers educational courses on Forex trading and provides trading tools, proprietary data, and premium resources to their clients.

FXCM also offers some other packages to their clients which includes different features that will help and also ease their trading experience. Some of these packages include;

FXCM PRO which provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. Etc.

FXCM is a Leucadia Company, in January 2015, through a series of transactions, Leucadia Investments has become the majority economic owner of FXCM. Leucadia Investments is part of the merchant banking arm of Jefferies Financial Group.


FXCM has benefited from the scale and breadth of the Jefferies family of companies. Firmly committed to FXCM’s success, Leucadia/Jefferies Managing Director, Jimmy Hallac, is the Chairman of FXCM Group, while Rich Handler and Brian Friedman, Jefferies’ CEO and President respectively, both sit on the FXCM Board of Directors.

This has however contributed to the growth and success of FXCM. Forex trading in Nigeria has been made easier.

It is committed to building a better brokerage for their traders, and their goal is to provide you with the ultimate trading experience. They are constantly looking to provide innovative technology solutions, quality pricing, and transparent execution that will help their traders navigate and trade the financial markets.

FXCM also offers dedicated 24/5 customer support, with global offices in London, New York, Hong Kong, Sydney, Berlin, and more. Being a global platform, Nigerians also have access to trade conveniently on the platform.


To get started on FXCM, visit their website: https://www.fxcm.com

6. MBA Trades

MBA Trades have folded and have carted away with peoples fund. Do not put your money here. I am speaking from personal experience.

You might also like to read: Businesses You Can Start With 50K or Less


AvaTrade has been an innovative pioneer in online trading since 2006. They have become a reputable forex investment company in Nigeria for forex investment.

The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.

AvaTrade is dedicated to a set of core values that are said to define their relationships with customers and partners and guides every decision they make.


They are said to be committed to empowering people to invest and trade, with confidence, in an innovative and reliable environment; supported by best-in-class personal service and uncompromising integrity.

AvaTrade has been an innovative pioneer in online trading since 2006.

The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.

Within a few short years, after it was founded, AvaTrade has expanded enormously, with 200,000 registered customers globally executing more than two million (2, 000, 000) trades a month.

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The company’s total trading volumes surpass $60 billion per month. AvaTrade’s user-oriented perspective, combined with solid financial backing, is unique in the field of online trading. From its 24-hour multilingual support desks to its broad range of platforms and services, AvaTrade has created the optimal trading environment for every level of trader.


AvaTrade’s wide scope includes a full spectrum of trading instruments including, forex trading, stocks, commodities, and indices.

AvaTrade is a multi-national company with regional offices and sales centers in Paris, Dublin, Milan, Tokyo, and Sydney. The company’s administrative headquarters are in Dublin, Ireland.

Whether you are an experienced trader or a novice, AvaTrade’s adaptable trading platforms and services provide you with the right balance of simplicity and sophistication. It’s no wonder that Ava has earned nine industry awards since 2009

AvaTrade being a worldwide forex investment platform, also accepts Nigerians and it is also a good place to invest.

To get started with AvaTrade, visit https://www.avatrade.ng/

8.                  ALPARI

Alpari is one of the largest forex brands around, and at Alpari International, they work hard to ensure their clients make the best trading and investment decisions. They are one of the top forex brokers to grace the Nigeria forex industry. Their broad range of services enables you to get the best guidance, advice, and resources to build a richer future as you invest with them.


When you choose Alpari International, you’re trading with a global broker that is second to none. They work consistently to create and sustain a forex trading environment that helps everyone have access to the markets. Ranging from first-timers to those who have experience n forex trading and have turned forex trading into a career or as a side job.

Over the years Alpari International has recorded great success. They have been around for about twenty (20) years ago in the forex industry, with about two million (2,000,000) traders that have chosen Alpari as their broker, they also covered about twenty (20) global locations across three continents and they also make trading easy to their client by providing over two hundred and fifty (250) trading instruments.


Alpari International in a bid to ensure safety on their platform, they ensure all data is encrypted and also provide transparency wherever possible, adhering to strict financial standards.

You also have access to a demo account where you can practice trading snd get familiar with their platform and also a live account where you can begin to invest in forex by trading.

To get started, visit their website https://www.alpari.org

9.            ExpertOption

ExpertOption was founded in 2014 with a vision to create a 100% transparent trading experience for its clients

They provide easy to use trading platform and are also committed to providing forex and financial education to their customers.

Their core values ;

  • Providing the best customer service to attend to the various needs of their customers to ensure smooth user experience
  • Reliability: ExpertOption being one of the industry leaders, they provide their clients with extra solidity.
  • Simplicity: ExpertOption in a bid to ensure good customer experience, they provided their customers with an easy to use trading platform,  ExpertOption is available on all modern platforms: Web, Windows, MacOS, iPhone, iPad, and Android
  • Speed: they provide the fastest trading using cutting-edge technologies. No delays in order executions and lags in the user interface.

From 2014, that it was founded till now, ExpertOption has over 30 million accounts opened with them and said to have a record of over 30 million transactions per month.


ExpertOption like, other forex investment companies listed above, also give it customers access to a demo account where they can practice trading and get familiar with the trading portal before moving to a live account to trade.

To get started with ExpertOption, visit their website on https://www.expertoption.com

P.S: Ensure you read the terms and conditions of the platform you have chosen to invest your money, and also study the various packages they offer their clients to know the right package that suits you before you invest.

P.S.S: You don’t necessarily need to have a direct transaction with a forex broker before you can earn from them. If you lack the necessary trading skills, you can invest with a trusted local forex trader near you, who is an expert in the trade.


Most of the forex traders also run investment schemes you can invest in with an agreed Return on investment after a certain period of time, usually thirty (30) days.

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23 thoughts on “2022 List of Legit Forex Investment Companies in Nigeria”

  1. Sir is there any company name Forex trade investment, they claimed pay you back 2× of your money within 45 minutes, i don’t know who add me on their WhatsApp group, I drop a message asking how to invest with them, now they are calling me with different phone numbers, please are they real or not.

  2. If you need help with getting back your money from a bad faith broker, contact hacker One Standard Finance. They helped me along with friends and family that was referred to them, reach headlines

  3. I dont have knowledge on forex trading but wants to invest in a forex investment Scheme with good ROI. Any idea/advice on such.

  4. Please , what is the future of MBA trades? Any update about them? They said they will refund investors thier capitals on or before 31st August 2021, After CBN might have concluded investigation on thier activities.

  5. please i want to know if u have idea about addy flex forest trading company in Nigeria. And if is a legit company for forest trading. thanks

    • Not at the moment, we haven’t heard about them. Actually, there are a lot of forex investment companies that are set up every day and therefore we can’t vouch for all of them, but this doesn’t mean that they are all bad. We advise that you be careful.

  6. What about Cash Forex Platform that trade in bitcoin, there any company like that in Nigeria that is registered with account number 0609227843 GT Bank account with account name CashFx platform?


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