Does Oanda Accept Nigerian Residents

Find out if you can trade with Oanda as a Nigerian

Oanda
8 reviews

Trading Conditions

Min TradeUSD 1
Min DepositUSD 0
Base CurrenciesUSD, EUR
3.8
5-star 25%
4-star 50%
3-star 0%
2-star 25%
1-star 0%

All Reviews

A
Kelvin NGA
1 week ago

Customer support

Karl uk customer support is generally responsive and helpful, with most queries handled in a reasonable timeframe. The support team is fairly professional in addressing account and platform-related issues, although response speed can vary during high-demand periods. Overall, the service is functional and adequate for routine trading assistance.

Ever since they got taken over by FTMO they have b...

Ever since they got taken over by FTMO they have been asking me to verify my account by sending them docs I already sent in the past. Now they have locked me out of trading

P
Pierre FRA
Dec 1, 2025

Their customer support is really good and my accou...

Their customer support is really good and my account manager always checks on me from time to time. The Oanda mobile app is also very userfriendly but the charts seem to be out of sync sometimes when you compare it to tradingview charts

L
Liam HUN
Apr 15, 2025

When i close my trade it always closes at a lesser...

When i close my trade it always closes at a lesser profit than what i saw on the screen before closing. It happened the first time and I thought i wasnt seeing clearly then it happened again. I complained to them and they spoke some technical language to me saying it wasnt theor fault. duh!

When it comes to currency trading there no broker ...

When it comes to currency trading there no broker with better spreads than Oanda. Their customer support is also surprisingly good because I stay in South Africa yet they always reach out to me even when there is no issue. kudos

H
Mike NZL
Mar 14, 2025

Oanda has some of the best tools I have seen with ...

Oanda has some of the best tools I have seen with any broker especially their currency converter tool which is very useful to me.

I love Oanda for 2 things: Their account managers ...

I love Oanda for 2 things: Their account managers are so caring and their TradingView implementation is perfect. Oh i forgot to add, instant withdrawals !

Oanda has the best customer support I have experie...

Oanda has the best customer support I have experienced in a while. Not to mention their low spreads and great working tools

Oanda

Oanda is an FCA & ESMA Regulated CFD & Spread Bet Provider with No Minimum Deposit & Guaranteed Stop Loss

Does Oanda Accept Nigerian Residents?

No, Oanda does not accept Nigerian resident traders at the moment due to regulatory issues.

The ban is not peculiar to Nigeria alone, Oanda does not also accept traders from Kenya & South Africa.

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