Is JustMarkets Allowed in Nigeria?
If you’re a Nigerian trader asking, “Is JustMarkets allowed in Nigeria?” — the short answer is yes, but there are important details you need to know before signing up.
JustMarkets is a global forex and CFD broker that serves clients in over 190 countries, including Nigeria. While it is not directly regulated by the Central Bank of Nigeria (CBN), it is accessible and widely used by Nigerian traders through its international licenses and online platforms.
Is JustMarkets Legal in Nigeria?
Yes, JustMarkets operates legally in Nigeria under its international brokerage entity, JustMarkets Ltd, which is regulated by the FSA (Financial Services Authority) of Seychelles, under license number SD088.
Although this is not a Nigerian license, Nigerian traders are allowed to trade with offshore brokers as long as they follow the national forex trading laws and anti-money laundering (AML) rules.
Is JustMarkets Regulated?
Yes, JustMarkets is regulated by:
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FSA Seychelles (for international clients, including Nigeria)
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The broker adheres to KYC (Know Your Customer) and AML policies
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Offers negative balance protection
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Provides secure SSL data encryption
⚠️ Note: JustMarkets is not regulated by Nigerian SEC or CBN.
Why Nigerian Traders Use JustMarkets
Here are the top reasons why Nigerian traders choose JustMarkets:
✅ Low Minimum Deposit
You can start trading with as little as $1, ideal for beginners.
✅ Multiple Account Types
Choose between Standard, Pro, and Raw Spread accounts, suitable for both beginners and professionals.
✅ Naira-Friendly Payment Methods
JustMarkets supports local bank transfers, fintech wallets, and crypto, making deposits and withdrawals easy for Nigerian users.
✅ MetaTrader Platforms
Trade on MT4 and MT5 — the world’s most trusted forex platforms.
✅ Fast Withdrawals
Withdrawals to Nigerian banks usually take less than 24 hours.
How to Register with JustMarkets in Nigeria
Follow these simple steps:
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Visit the official website: https://justmarkets.com
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Click “Open Account”
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Fill in your email and password
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Verify your identity with a valid Nigerian ID or passport
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Choose your account type and trading platform (MT4 or MT5)
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Deposit funds and start trading
Accepted Payment Methods in Nigeria
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Bank Transfers (GTBank, Access, Zenith, etc.)
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Fintech Wallets (Flutterwave, Paystack)
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Cryptocurrency (Bitcoin, USDT)
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Visa/Mastercard
Is It Safe to Trade with JustMarkets in Nigeria?
While JustMarkets is not locally regulated, many Nigerian traders have reported positive experiences. It uses standard security protocols, segregated accounts, and SSL encryption to protect your funds.
However, as with any broker, do your own research, never invest more than you can afford to lose, and always use proper risk management.
Conclusion: Can Nigerians Trade with JustMarkets?
✅ Yes, Nigerians can trade with JustMarkets. The broker is allowed in Nigeria and provides favorable conditions for local traders. Just ensure you understand the regulatory framework and the risks of forex trading.
FAQs – JustMarkets Nigeria
1. Does JustMarkets accept Nigerian traders?
Yes, JustMarkets fully accepts traders from Nigeria.
2. Is JustMarkets regulated in Nigeria?
No, it’s regulated offshore by the FSA Seychelles but still accessible in Nigeria.
3. Can I deposit in Naira (₦)?
Yes, via local payment providers or converted deposit methods.
4. How long do withdrawals take?
Most withdrawals to Nigerian banks are processed within 1 business day.