NIGERIAForex & gold trading in Nigeria with local bank transfer deposits
Trade forex, gold, indices, energy and crypto CFDs on MT5 with Xellion, whose group includes an FSC Mauritius-licensed company, and fund your account with the payment methods available in Nigeria.
- Bank transferfrom $10
- Monetrixfrom $10
- Cryptofrom $10
Before you open an account, check that trading CFDs with an overseas provider is permitted where you live. Rules differ by country and can change.
- Crypto
- Instant · from $10
- Bank wire
- ~15–20 min · from $10
Times are estimates and depend on the payment provider. Withdrawals go only to accounts in your own name.
How to deposit with Bank transfer
- Log in to the Xellion app or client area and tap Deposit.
- Choose bank transfer and enter the amount (from $10).
- Send the payment using the details shown, from an account in your own name.
- Once the payment is confirmed, the funds are credited to your MT5 account.
| METHOD | TYPE | DEPOSIT TIME | MIN DEPOSIT | WITHDRAW |
|---|---|---|---|---|
| Bank transfer | Local bank transfer | Within 30 min | $10 | ~15–20 min |
| Monetrix | Payment gateway | Instant | $10 | Supported |
| Crypto (USDT, BTC, ETH) | Cryptocurrency | After network confirmation | $10 | Instant |
Minimums and limits can vary by payment provider.
Three accounts, one MT5 login
Leverage up to 1:2000 on every account, depending on instrument and country.
Trading in Nigeria: questions
How can I deposit in Nigeria?
Clients in Nigeria can deposit with Bank transfer, Monetrix and Crypto (USDT, BTC, ETH). Choose the method in the Xellion app or client area when you deposit.
What is the minimum deposit in Nigeria?
Deposits start from $10. By method: Bank transfer $10, Monetrix $10, Crypto $10. Minimums and limits can vary by payment provider.
How long does a Bank transfer deposit take?
Bank transfer deposits typically take: within 30 min. Times are estimates and depend on the payment provider.
How do I withdraw in Nigeria?
You can withdraw by crypto (instant) or bank wire (~15–20 min), both from $10. Withdrawals go only to accounts in your own name. Times are estimates and depend on the payment provider.
Is Xellion regulated for clients in Nigeria?
Xellion Markets Mauritius Ltd is licensed by the Financial Services Commission of Mauritius as an Investment Adviser (Unrestricted), licence GB26206252. It is not licensed by a regulator in Nigeria, so please check that trading CFDs is lawful where you live.
Which account should I open first?
Many new traders start with the Standard account: $50 minimum, spreads from 0.9 pips and no commission. A valid government-issued photo ID and a recent proof of address, such as a utility bill or bank statement. Every client is verified before funding.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Payment times are estimates and depend on the provider. Nothing on this page is investment advice. Risk disclosure