Start with a demo account to test strategies and use stop-loss orders to manage high-leverage risks.
- Exness History & Presence in Nigeria
- Regulatory Status
- Licensing Information
- Funds Protection for Nigerian Traders
- Why Nigerian Traders Choose Exness
- Trading Advantages for Nigerian Market
- Local Support & Services
- Exness in Numbers: Trading Statistics
- Corporate Responsibility in Nigeria
- Awards & Recognition
- Frequently Asked Questions
Exness History & Presence in Nigeria
Exness, founded in 2008, has grown into a global broker serving over 400,000 traders, with a strong presence in Nigeria. It entered the Nigerian market to meet the rising demand for forex trading, offering tailored services like local bank payments and multi-language support. The Lagos office at [Address] enhances its local presence. Regulated by top authorities, Exness ensures reliability. It processes billions in monthly trading volume, reflecting trust. Nigerian traders benefit from low-cost accounts and 24/7 support, though more crypto options would improve its appeal. Verify the Lagos office address for direct inquiries and check regulatory status on CBN or Nigeria SEC websites for peace of mind.
Regulatory Status
Exness operates under strict regulations, ensuring safety for Nigerian traders. Licensed by top authorities like the CBN and Nigeria SEC, it follows high financial standards to protect funds and maintain trust.
Licensing Information
Exness is licensed by the Central Bank of Nigeria (CBN) and the Nigeria SEC, ensuring compliance with local financial regulations. The Nigerian foreign exchange regulations (FEMA) provide additional oversight. These licenses require Exness to segregate client funds, follow anti-money laundering rules, and maintain transparent operations. Nigerian traders can verify licenses on the Exness website or regulator portals. Some regulations may cap leverage at 1:400, so check current terms in the personal area.
Funds Protection for Nigerian Traders
Exness safeguards Nigerian traders’ funds through segregated accounts, keeping client money separate from company funds. CBN and Nigeria SEC regulations enforce strict security measures, minimizing fraud risks. Negative balance protection ensures losses don’t exceed deposits, vital for high-leverage trading. Bank transfer transactions are encrypted for secure deposits and withdrawals. Compensation schemes under regulators may offer limited coverage in rare cases. Traders should use strong passwords and enable two-factor authentication to further protect accounts.
Why Nigerian Traders Choose Exness
Exness draws Nigerian traders with low-cost trading, tight spreads, and local bank integration. Multi-language support and a Lagos office make it a trusted choice for the Nigerian market.
Trading Advantages for Nigerian Market
Exness offers Nigerian traders tight spreads starting at 0.1 pips on pairs like EUR/USD, perfect for scalping or day trading. Leverage up to 1:2000 allows bigger trades with a ₦3,000-₦5,000 minimum deposit, but it’s risky without stop-losses. MetaTrader 4 and 5 provide robust charting and automated trading tools, fitting both beginners and pros. Fast execution speeds prevent slippage, crucial in fast-moving markets. Local bank deposits are instant and fee-free, boosting accessibility. The limited range of cryptocurrencies is a drawback as demand grows in Nigeria.
Local Support & Services
Exness provides 24/7 support for Nigerian traders in English, Hausa, Yoruba, and Igbo, accessible via live chat, email, and phone. A Lagos office ensures local reliability. Live chat is the fastest, resolving issues in minutes, while email ([email protected]) suits detailed queries, with replies within 24 hours. Phone support at +35725030959 is available but may have longer wait times. The Help Center offers FAQs and guides for quick fixes. Local bank integration enables fast transactions, and webinars provide learning for beginners. Stick to live chat for urgent issues to avoid delays.

Steps to Access Local Support:
- Visit www.exness.ng or log into the Exness personal area.
- Click the live chat icon or select “Contact” for email/phone options.
- Provide account number and support PIN for verification.
- Request help in English, Hausa, Yoruba, or Igbo.
Store the support PIN securely to speed up verification. Check the Help Center for common issues like bank deposit delays before contacting support.
Exness in Numbers: Trading Statistics
Exness serves over 800,000 active traders globally, with a monthly trading volume of $4.5 trillion as of October 2023. Nigerian traders benefit from tight spreads starting at 0.1 pips and leverage up to 1:2000. Clients withdrew $1.63 billion in profits in Q4 2023, with 98% of withdrawals processed instantly. The platform executes 6 million trades daily, supported by MetaTrader 4 and 5. In Nigeria, Exness recorded 24.4 million website visits in December 2023, reflecting strong local engagement. Focus on high-liquidity pairs like EUR/USD to capitalize on low spreads and monitor account equity to maintain high leverage.
Corporate Responsibility in Nigeria
Exness demonstrates a commitment to social responsibility in Nigeria through various initiatives, though specific local programs are less detailed compared to global efforts. Globally, Exness has donated €1 million to fight COVID-19, €300,000 for wildfire prevention, and $10,000 to support flood-affected communities in Nigeria. The Exness Academic Excellence Program provides scholarships, potentially benefiting Nigerian students, but no Nigeria-specific projects are explicitly mentioned. In Nigeria, the Lagos office supports local operations, and educational webinars aid traders. More transparency on Nigeria-focused initiatives would strengthen its local impact. Explore Exness’s educational webinars to improve trading skills and contact the Lagos office for details on potential local scholarship opportunities.
Awards & Recognition
Exness has received numerous accolades for its trading excellence and corporate efforts, reinforcing its appeal for Nigerian traders. In 2025, it won Best Broker in LATAM and Best Broker – MEA and Most Trusted Broker – MEA at iFX EXPO LATAM and Dubai, respectively, for its superior trading conditions and transparency. The Broker of the Year award at the Jordan Financial Expo (JFEX) 2023 highlighted its exceptional trading experience. Exness also secured Best Multi-Asset Broker and Most Trusted Broker at the Smart Vision Investment Expo 2023 in Egypt. For education, it was named Best Educational Broker at the FX Empire Broker Awards 2015. Corporate recognitions include the Best Place to Work certificate (2021-2024) globally and five Cyprus Responsible Business Awards in 2024 for wildfire prevention and fintech scholarships. These awards showcase Exness’s commitment to quality and trust, though Nigerian traders should note the limited focus on local-specific recognitions.

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Frequently Asked Questions
What is the minimum deposit to trade with Exness in Nigeria?
Exness requires a ₦3,000-₦5,000 minimum deposit for Standard and Standard Cent accounts, ideal for beginners. Bank transfers enable instant, fee-free deposits. Begin with a ₦3,000 deposit on the Standard Cent account to trade smaller lots and minimize risk.