Country sheet · NG

Trading from Nigeria

We haven’t written this country’s rules up yet. The firms licensed here are listed below.

RegulatorNot checked
If a firm failsNot checked
Retail leverage capNot checked
Firms licensed here3on our records
Ledger

Firms with a licence in Nigeria

Ordered by licence status, then name. Not a ranking.

Filter all firms →
FirmLicence hereSafety netRetail cap
CardinalStone SecuritiesSEC_NG 1541 AuthorisedNot checkedNot checked
CSL StockbrokersSEC_NG 40 AuthorisedNot checkedNot checked
Meristem StockbrokersSEC_NG 1705 AuthorisedNot checkedNot checked
Before you sign up

Five checks for Nigeria

  1. Find the firm on the regulator's register yourself, not through a link the firm sent.
  2. Check that the company named on your account agreement is the one on the register.
  3. Confirm the website, phone and email match the register entry.
  4. Ask which compensation scheme covers your account, and up to what amount.
  5. Size your first trades inside the retail cap: position size check.
Register checks

Latest readings in Nigeria

All checks →
2026-09-23CardinalStone SecuritiesAuthorisedNigeriaRegister ↗
2026-09-23CSL StockbrokersAuthorisedNigeriaRegister ↗
2026-09-23Meristem StockbrokersAuthorisedNigeriaRegister ↗
Other countries

More country sheets

All countries →