Earn Extra Cashback While Trading – Best Forex Brokers for Nigeria
Looking to maximize your profits while trading in Nigeria? Discover the best forex brokers that not only offer safe and regulated trading but also allow you to earn extra cashback through our IB program. Whether you’re a beginner or an experienced trader, this guide will help you choose the right broker, set up your account under our IB, and start receiving monthly rebates on every trade. Trade smarter, reduce costs, and grow your earnings with trusted brokers supporting MT4 & MT5 platforms.
Exness Broker in Nigeria – Fast Execution & High Cashback Broker
Exness is one of the most popular forex brokers in Nigeria due to its instant withdrawals, low spreads, and powerful trading infrastructure. Founded in 2008, Exness serves millions of traders globally and has a strong presence across Africa.
Regulation & Safety
Exness is a multi-regulated broker, licensed by FCA (UK), CySEC, FSCA, FSA Seychelles, and FSC Mauritius. This regulatory strength makes Exness a highly trusted broker for Nigerian traders looking for long-term safety and transparency.
Trading Platforms & Account Types
Exness supports MT4 and MT5 on desktop, web, Android, and iOS. Nigerian traders can choose from Standard, Standard Cent, Raw Spread, Zero, and Pro accounts. These options are perfect for beginners, scalpers, and gold (XAUUSD) traders.
Exness Cashback Under Our IB
When you trade under our IB, you can earn up to $37.8 cashback per standard lot, without any impact on spreads or execution.
- Cashback paid monthly
- Extra income for active traders
- No trading restrictions
How to Attach Exness Account Under Our IB
New traders:
Register using our referral link or ID 7mq0058j6d, complete verification, select account type, and deposit funds. Cashback will apply automatically.
Existing Exness users:
You can attach your account via Exness support:
Login → Chatbot → Type “Change Partner” → Submit form using our IB ID 7mq0058j6d→ Approval within 3 business days.
Is Exness Good for Nigerian Traders?
Absolutely ✅ Exness is one of the best brokers in Nigeria for fast withdrawals, tight spreads, and high IB cashback.
FBS – A Beginner-Friendly Broker with Low Entry Cost
FBS is a well-known forex broker in Nigeria, especially among new and small-capital traders. It is popular because of its very low minimum deposit, simple account setup, and support for MetaTrader platforms. For Nigerian traders who want to start forex trading with minimal risk, FBS provides an accessible and flexible environment.
Broker Credibility & Regulatory Standing
FBS operates under international regulations including CySEC (Cyprus), ASIC (Australia), and FSC (Belize). This regulatory structure ensures client fund safety and transparent trading practices, which is important for Nigerian traders looking for a trusted broker.
Platforms & Account Structure for Nigerians
Nigerian clients can trade using MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on desktop, web, and mobile devices. FBS mainly offers Standard and Cent accounts, with the Cent account being ideal for beginners who want to practice trading with very small lot sizes and low deposits.
FBS Rebate Program Under Our IB
By trading under our IB partnership, Nigerian traders can earn up to $43.65 cashback per standard lot, without any effect on spreads or execution quality.
- Cashback is paid monthly
- No hidden fees
- Suitable for high-frequency and active traders
How Nigerian Traders Can Join FBS Under Guriforex
New traders:
Open a new FBS account through our referral link, complete verification, choose MT4 or MT5, and deposit funds. Your account will be automatically linked under Guriforex IB.
Existing FBS traders:
Log in to the FBS Trader Area → Account Settings → Partner Attachment → Enter our Partner ID 34338840.
Conditions apply: the account should have no trading history and must be eligible for IB attachment.
Is FBS the Right Broker for Nigeria?
Yes ✅ FBS is best suited for beginners, learners, and traders who want cashback with a low starting cost.
XM – A Regulated Broker with Simple Trading Conditions
XM is one of the most trusted forex brokers in Nigeria, known for its strong regulation, low minimum deposit, and beginner-friendly trading environment. It is widely used across Africa and is suitable for traders who want stability and long-term reliability.
Safety, Regulation & Market Reputation
XM is regulated by top authorities such as CySEC, ASIC, FSC, DFSA, and FSCA, providing a high level of trust and fund protection for Nigerian traders. This makes XM a solid choice for traders who prioritize safety and transparency.
Trading Tools & Account Flexibility
XM offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on desktop, web, and mobile. Nigerian traders can choose from Micro, Standard, and Ultra Low accounts, making XM especially attractive for beginners and small-capital traders.
XM Cashback Benefits Through Our IB
When you trade under our IB, you can receive up to $9 cashback per standard lot, without any change in spreads, execution speed, or trading rules.
- Cashback paid monthly
- Reduces overall trading cost
- No impact on trading performance
How to Get XM Cashback as a Nigerian Trader
Best recommended method:
Open a new additional XM trading account using our referral link or IB ID A1229367, then transfer funds from your old account. XM usually does not allow IB changes on older accounts, so this method is the safest.
Is XM Suitable for Nigerian Traders?
Yes ✅ XM is ideal for beginners and conservative traders who want a regulated broker with simple conditions and consistent IB cashback.
Pepperstone in Nigeria – Professional Trading with Ultra-Low Spreads
Pepperstone is a top-tier international forex broker that is increasingly popular among serious Nigerian traders. It is especially known for very low spreads, lightning-fast execution, and advanced trading platforms, making it a strong choice for scalpers, day traders, and EA users.
Global Regulation & Broker Reliability
Pepperstone is highly regulated by leading authorities including FCA (UK), ASIC (Australia), CySEC, BaFin, DFSA, and SCB. This wide regulatory coverage reflects strong compliance standards, transparent execution, and high client fund protection for Nigerian traders.
Advanced Trading Platforms for Nigerians
Pepperstone offers more platform choices than most brokers:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- cTrader
- TradingView
These platforms are available on desktop, web, and mobile, and are ideal for scalping, algorithmic trading, and professional strategies.
Pepperstone Cashback via Our IB
By trading under our IB partnership, Nigerian traders can earn up to $2 cashback per standard lot, without any increase in spreads or commissions.
- Cashback paid monthly
- No impact on execution quality
- Suitable for high-volume traders
How Nigerian Traders Can Attach Pepperstone Account Under Our IB
New traders:
Open a new Pepperstone account using our referral link or IB ID 36552, complete KYC, choose your platform, and deposit funds. Your account will be linked automatically.
Existing Pepperstone users:
Send an email to support@pepperstonepartners.com requesting IB attachment under our IB ID 36552, and include your trading account number. After approval, cashback will apply.
Who Should Choose Pepperstone in Nigeria?
Pepperstone is ideal for traders who want institutional-grade execution, low spreads, and professional trading conditions.
FxPro – Transparent Execution with Multiple Trading Platforms
FxPro is a well-established forex broker that offers Nigerian traders a professional trading environment with transparent execution. Founded in 2006, FxPro is trusted globally and suits traders who value stability, platform variety, and regulated trading conditions.
Regulation Strength & Market Trust
FxPro is regulated by FCA (UK), CySEC (Cyprus), FSCA (South Africa), and SCB (Bahamas). These licenses ensure strict operational standards, fair pricing, and strong client protection for Nigerian traders.
Platform Diversity for Serious Traders
FxPro supports multiple advanced platforms:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- cTrader
- FxPro WebTrader
These platforms are available on desktop, web, and mobile, and are suitable for scalping, swing trading, and Expert Advisors (EA).
FxPro Cashback for Nigerian Traders Under Guriforex
When trading under our IB, Nigerian traders can earn up to $12.9 cashback per standard lot, without any negative impact on spreads or execution.
- Cashback improves net profitability
- Paid according to IB schedule
- No trading restrictions
How to Join FxPro Under Our IB
New traders:
Register through our referral link or IB ID 2gMFxZq1H, complete verification, choose your preferred platform, and start trading. Cashback will apply automatically.
Existing FxPro users:
The safest option is to open a new additional trading account under our IB and transfer funds from your old account. Direct IB changes depend on broker approval and are not guaranteed.
Is FxPro Suitable for Nigerian Traders?
Yes ✅ FxPro is best for traders who want regulated trading, multiple platforms, and consistent IB cashback benefits.
Tickmill – Low-Spread Broker Built for Precision Trading
Tickmill is a strong choice for Nigerian forex traders who prefer tight spreads, fast execution, and disciplined trading conditions. It is especially popular among scalpers, EA users, and cost-conscious traders who want to keep trading expenses as low as possible.
Regulatory Strength & Trust Signals
Tickmill operates under respected regulators including FCA (UK), CySEC (Cyprus), FSCA (South Africa), and FSA (Seychelles). This multi-layer regulation ensures transparent execution, proper fund segregation, and reliable broker practices for Nigerian clients.
Trading Platforms & Account Setup
Nigerian traders can access MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on desktop, web, and mobile devices. Tickmill offers Classic, Raw, and Islamic (Swap-Free) accounts, making it suitable for both beginners and professional traders.
Tickmill Cashback Program Under Our IB
By trading under our IB partnership, Nigerian traders can earn up to $9 cashback per standard lot, with no changes to spreads or commissions.
- Cashback paid monthly
- Reduces total trading cost
- Fully EA & scalping friendly
How to Trade Tickmill Under Our IB
New traders:
Register a new Tickmill account using our referral link or ID IB85269639, complete KYC, select MT4 or MT5, and deposit funds. Your account will be automatically linked under our IB.
Existing Tickmill traders:
Log in to the Tickmill Client Portal → create a new additional trading account using our IB ID IB85269639. Only newly created accounts can be linked under an IB.
Is Tickmill a Smart Choice in Nigeria?
Yes ✅ Tickmill is ideal for Nigerian traders who want low spreads, strong regulation, and consistent IB cashback.
AvaTrade – A Highly Regulated Broker for Stable Trading
AvaTrade is a globally trusted broker that appeals to Nigerian traders who value strong regulation, fixed spreads, and long-term stability. Founded in 2006, AvaTrade has built a solid reputation for reliability and investor protection.
Regulation & Broker Authority
AvaTrade is regulated by some of the world’s top authorities including the Central Bank of Ireland, ASIC (Australia), CySEC, FSCA, and FSA Japan. This high-level regulation makes AvaTrade one of the safest brokers available to Nigerian traders.
Trading Platforms & User Experience
AvaTrade provides access to MetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTrade WebTrader, and a mobile trading app. These platforms are suitable for beginners and long-term traders who prefer simple and stable trading conditions.
AvaTrade Cashback via Our IB
When trading under our IB, Nigerian traders can earn up to $7 cashback per standard lot, without any impact on spreads or execution.
- Cashback paid monthly
- No hidden conditions
- Extra income for active traders
How to Attach AvaTrade Account Under Our IB
New traders:
Open a new AvaTrade account using our referral link or IB ID 204494, complete verification, and start trading. Cashback will apply automatically.
Existing AvaTrade users:
You can request IB attachment directly from the AvaTrade dashboard by linking your account to our IB ID 204494, subject to broker approval.
Is AvaTrade Suitable for Nigerian Traders?
Yes ✅ AvaTrade is best for traders who want maximum regulation, stable conditions, and reliable IB cashback.
FXOpen – Professional ECN Broker for Serious Traders
FXOpen is a trusted broker for Nigerian traders seeking a professional, ECN-based trading environment with tight spreads and transparent execution. Founded in 2003 in New Zealand, FXOpen is known for reliable service and advanced trading conditions.
Regulation & Broker Authority
FXOpen operates under reputable authorities including:
- FCA (United Kingdom)
- ASIC (Australia)
This regulatory coverage ensures Nigerian traders’ funds are safe and trading remains transparent.
Trading Platforms & User Experience
FXOpen offers industry-standard platforms:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
Available on desktop, web, and mobile, these platforms are ideal for both beginners and professional traders, supporting scalping, EAs, and ECN-level execution.
FXOpen Cashback via Our IB
Traders under our IB can earn up to $21.6 per standard lot traded without any change to spreads or execution.
- Cashback improves overall profitability
- Paid monthly
- No negative impact on trading conditions
How to Attach FXOpen Account Under Our IB
New Traders:
- Open a new FXOpen account using our referral link
- Complete KYC verification (ID & address)
- Choose ECN or STP account
- Deposit funds and start trading; cashback applies automatically
Existing FXOpen Users:
- Recommended method: Open a new additional trading account under our IB
- Transfer funds from old account to new account
⚠️ Direct IB change depends on broker approval and is not guaranteed
Is FXOpen Suitable for Nigerian Traders?
Yes ✅ FXOpen is ideal for Nigerians who want a professional ECN trading environment, transparent pricing, MT4/MT5 support, and IB cashback benefits.
Doo Prime – Modern ECN/STP Broker with Fast Execution
Doo Prime is gaining popularity among Nigerian traders for its ECN/STP accounts, competitive spreads, and reliable trading conditions. Founded in 2014 and registered in Vanuatu, Doo Prime provides advanced platforms for both beginners and experienced traders.
Regulation & Broker Authority
Doo Prime is regulated by:
- FCA (United Kingdom)
- VFSC (Vanuatu)
- FSC (Mauritius)
This regulatory framework ensures Nigerian traders can trade safely with confidence.
Trading Platforms & User Experience
Doo Prime supports:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
Platforms are available on desktop, web, and mobile. They provide fast execution, support scalping, and allow use of Expert Advisors (EAs).
Doo Prime Cashback via Our IB
Traders under our IB can earn up to $7 per standard lot traded.
- Cashback paid monthly
- Extra income for active traders
- No impact on spreads or execution
How to Attach Doo Prime Account Under Our IB
New Traders:
- Open a new Doo Prime account via our referral link or IB ID 49534
- Complete KYC verification
- Choose MT4 or MT5
- Deposit funds and start trading; cashback applies automatically
Existing Doo Prime Users:
- Recommended method: Open a new additional trading account under our IB
- Transfer funds from old account to the new one
⚠️ Direct IB change requires broker approval
Is Doo Prime Suitable for Nigerian Traders?
Yes ✅ Doo Prime is great for Nigerian traders seeking an ECN/STP environment, MT4/MT5 platforms, competitive spreads, fast execution, and IB cashback benefits.
IC Markets – The Preferred ECN Broker for Professional Traders
IC Markets is a globally recognized broker, popular among Nigerian traders for its ultra-low spreads, ECN execution, and fast trade processing. Established in 2007 in Australia, IC Markets has built a reputation for professional-grade trading and transparency.
Regulation & Broker Authority
IC Markets operates under top-tier regulations including:
- ASIC (Australia)
- CySEC (Cyprus)
- FSA (Seychelles)
This ensures Nigerian traders’ funds are protected and trading operations remain transparent and secure.
Trading Platforms & User Experience
IC Markets offers multiple trading platforms:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- cTrader
These platforms support ECN/STP execution, scalping, and algorithmic trading. They are accessible via desktop, web, and mobile apps, catering to both new and professional traders.
IC Markets Cashback via Our IB
Traders under our IB can earn up to $7 per standard lot without affecting spreads or execution.
- Monthly cashback payments
- Extra profit for active traders
- Transparent and simple process
How to Attach IC Markets Account Under Guriforex IB
New Traders:
- Open a new IC Markets account using our referral link or IB ID 82063
- Complete KYC verification with ID and address
- Deposit funds and start trading; cashback applies automatically
Existing IC Markets Users:
- Request IB attachment directly from IC Markets dashboard (broker approval required)
- Alternatively, open a new account under our IB for guaranteed cashback
Is IC Markets Suitable for Nigerian Traders?
Yes ✅ IC Markets is perfect for Nigerians seeking ECN/STP trading with tight spreads, fast execution, MT4/MT5/cTrader support, and reliable IB cashback.
InstaForex – Reliable Broker for Beginner and Advanced Traders
InstaForex is a popular broker among Nigerian traders, offering flexible account types, competitive spreads, and advanced trading tools. Founded in 2007, InstaForex serves traders globally and is known for fast execution and dependable service.
Regulation & Broker Authority
InstaForex is regulated by:
- BVI FSC (British Virgin Islands)
- IFSC (Belize)
This ensures compliance with international standards and safety for Nigerian traders’ funds.
Trading Platforms & User Experience
InstaForex supports:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
Platforms are available on desktop, web, and mobile devices. They offer automated trading, high leverage options, and simple navigation for beginners while catering to advanced traders with scalping and EA support.
InstaForex Cashback via Our IB
Traders linked under our IB can earn up to $7 per standard lot traded.
- Cashback is paid monthly
- No hidden conditions
- Extra profit for frequent traders
How to Attach InstaForex Account Under Our IB
New Traders:
- Register a new InstaForex account using our referral link or IB ID 22446785
- Complete KYC verification (ID & address)
- Deposit funds and start trading; cashback applies automatically
Existing InstaForex Users:
- IB attachment is possible via account dashboard subject to broker approval
- Recommended: open a new account under our IB for guaranteed cashback
Is InstaForex Suitable for Nigerian Traders?
Yes ✅ InstaForex is ideal for Nigerian traders who want a flexible trading environment, MT4/MT5 support, competitive spreads, and IB cashback benefits.
VT Markets in Nigeria – Trusted Broker for Low-Spreads and Fast Execution
VT Markets is a well-known broker catering to Nigerian traders who prioritize low spreads, fast execution, and professional trading conditions. Founded in 2014, VT Markets has gained global recognition for its transparent trading environment and strong client support.
Regulation & Broker Authority
VT Markets is regulated by:
- ASIC (Australia)
- VFSC (Vanuatu)
These regulations ensure the safety of clients’ funds and compliance with international trading standards, making it a reliable choice for Nigerian traders.
Trading Platforms & User Experience
VT Markets provides access to:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
Platforms are compatible with desktop, web, and mobile, offering advanced charting tools, automated trading, and flexible account options suitable for both beginners and professional traders.
VT Markets Cashback via Guriforex IB
Traders linked under our IB can earn up to $7 per standard lot, with no effect on spreads or execution.
- Cashback paid monthly
- Simple and transparent
- Extra rewards for active traders
How to Attach VT Markets Account Under Our IB
New Traders:
- Open a new VT Markets account using our referral link or IB ID aMm7vu4S
- Complete KYC verification (ID and proof of address)
- Deposit funds and start trading; cashback applies automatically
Existing VT Markets Users:
- Request IB attachment via VT Markets dashboard (broker approval required)
- Optionally, open a new account under our IB for guaranteed cashback
Is VT Markets Suitable for Nigerian Traders?
Yes ✅ VT Markets is perfect for Nigerian traders seeking low spreads, fast trade execution, and reliable IB cashback rewards.
HFM (HotForex) – Popular Broker for Flexible Trading
HFM, formerly known as HotForex, is a popular broker among Nigerian traders for its wide range of account types, competitive spreads, and global reputation. Established in 2010, HFM offers secure trading and advanced tools for both beginner and experienced traders.
Regulation & Broker Authority
HFM is regulated by multiple authorities including:
- FSC (Mauritius)
- DFSA (Dubai)
This ensures high compliance standards and protects traders’ funds, making HFM a trustworthy broker for Nigerian clients.
Trading Platforms & User Experience
HFM supports:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
The platforms are accessible on desktop, web, and mobile. They offer automated trading, flexible leverage, and educational resources suitable for beginners and professional traders alike.
HFM Cashback via Our IB
Trading under our IB allows Nigerian traders to earn up to $7 per standard lot.
- Cashback paid monthly
- Transparent and straightforward
- Extra income for frequent traders
How to Attach HFM Account Under Our IB
New Traders:
- Open a new HFM account using our referral link or IB ID 30433657
- Complete KYC verification (ID and proof of residence)
- Deposit funds and start trading; cashback applies automatically
Existing HFM Users:
- Request IB attachment via HFM dashboard (approval required)
- Alternatively, open a new account under our IB for guaranteed cashback
Is HFM Suitable for Nigerian Traders?
Yes ✅ HFM is ideal for Nigerians looking for flexible account options, reliable platforms, and IB cashback benefits.
Disclaimer
Trading Forex involves risk of loss and may not be suitable for all investors. The information provided in this article is for educational and informational purposes only and should not be considered as financial advice. Always do your own research and consult a licensed financial advisor before opening any trading account. Cashback offers mentioned are subject to broker approval and terms.
