#1 Rated ECN Broker for Nigeria

  • Versative trading platform allows you to trade with MetaTrader or 'copy' other traders with Copy-trading
  • Several great promotions including cashback and deposit bonuses
  • Hundreds of CFDs available including stocks and cryptocurrency
  • Get started easily with a low ($100) minimum deposit and dozens of banking methods

ECN & STP Nigeria

What are ECN & STP Forex Brokers?

An Electronic Communications Network (ECN) or Straight Through Processing (STP) broker will forward every one of the trades placed on it directly to its “liquidity providers”, who are other market participants such as banks. In Nigeria they are known as “no dealing desk” brokers. When trading on an ECN or STP Forex broker in Nigeria, a trader is not trading against that operator. Therefore a conflict of interest doesn’t exist between the trader and operator.

ECN and STP Forex brokers usually have spreads that are lower than average, but will charge a commission for each trade. They also will often require Nigerians to make a high deposit to get started. This means that ECN and STP accounts for the most part are only accessible to experienced and professional traders in Nigeria.

ecn ECN & STP Brokers
Looking for info about ECN & STP trading in Nigeria? We have written reviews of the best brokers that offer STP account for Nigerians. Browse the most safe and secure choices for Nigerians and avoid making a bad investment.

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Is Forex Trading in Nigeria Legal?

Is Forex Trading Legal in Nigeria? Details Inside Nigeria
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Reviews for All Broker Forex Nigeria

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