7 Best Forex Brokers in Niger

Edited by: Marlie Rosset

Niger

 

We’ve listed the 7 Best Forex Brokers that accept traders from Niger, providing access to global forex and CFD markets via internationally regulated platforms. While forex trading in Niger is legal, the country does not have a dedicated local financial regulator overseeing retail forex brokers.

As a result, traders in Niger typically rely on brokers regulated by respected international authorities such as the FCA, ASIC, CySEC, and FSCA. This allows Nigerien traders to access major and minor currency pairs, commodities, indices, stocks, and cryptocurrencies using modern trading platforms with competitive spreads, fast execution, and reliable account security.

 

7 Best Forex Brokers in Niger

 

  1. Pepperstone – Overall, the Best Forex Broker in Niger
  2. IC Markets – Open to Nigerien traders with multiple account types.
  3. Exness – Fast deposit and withdrawal options for local convenience.
  4. EightcapSegregated accounts protect client funds.
  5. XM – Regulated by ASIC, CySEC, and FSCA.
  6. FP Markets – Raw spreads and low commission accounts available.
  7. FBS – Strong beginner-friendly educational resources.

 

10 Best Forex Brokers – Globally

 

 

Pros and Cons of Forex Brokers in Niger – Immediate Advantages and Disadvantages

 

✓ Pros✕ Cons
Access to brokers regulated by top-tier authorities (FCA, ASIC, CySEC, FSCA).No local Nigerien forex regulator for direct oversight.
Client funds held in segregated accounts.Legal recourse relies on foreign regulators.
High levels of transparency and operational standards.Dispute resolution may take longer due to jurisdiction.
Negative balance protection offered by many brokers.Regulatory protections vary by broker and entity.
Modern platforms with competitive spreads and fast execution.Some brokers operate under offshore licenses for non-EU clients.

 

Nigerien traders rely on international regulatory bodies to ensure broker accountability, financial stability, and fair trading practices. While the absence of a local regulator means protections depend on foreign jurisdictions, choosing a well-regulated broker still provides a secure, transparent, and globally competitive trading environment.

 

1. Pepperstone

Pepperstone operates as a globally regulated forex broker under authorities such as 🇦🇺 ASIC, 🇬🇧 FCA, 🇨🇾 CySEC, 🇩🇪 BaFin, 🇦🇪 DFSA, 🇰🇪 CMA, and 🇧🇸 SCB. The broker does not hold local regulation in 🇳🇪 Niger but actively accepts Niger traders through its global entities.

 

BrokerPepperstone
Global regulationOverseen by 🇦🇺 ASIC
and 🇬🇧 FCA
Niger trader accessAccepts 🇳🇪 residents
via global entities
Trading platformsMT4 MT5 and cTrader
Pricing modelTight spreads and low
costs
Execution qualityFast market execution
Open an AccountOpen Account

 

★★★★★
Minimum Deposit: $200
Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Crypto: Yes

 

Frequently Asked Questions

 

Is Pepperstone regulated or authorised in Niger?

Pepperstone does not hold a domestic regulatory licence in 🇳🇪 Niger. The broker instead operates under multiple international regulators that enforce strict rules on transparency, client fund handling, and operational conduct for traders who join from unsupported local jurisdictions.

 

Does Pepperstone accept forex traders living in Niger?

Pepperstone accepts traders from 🇳🇪 Niger through its global entities. Niger residents can open accounts, fund them, and trade forex and CFDs using international platforms, even though no Niger-based regulator directly supervises the broker.

 

Pepperstone

 

★★★★★
Minimum Deposit: $200
Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Strong global regulationNo 🇳🇪 local regulation
Accepts Niger tradersProtection varies by entity
Advanced platformsNo local Niger office
Competitive spreadsOffshore oversight
Fast execution speedsNo local dispute authority

 

Our Insights

Pepperstone gives Niger traders access to a globally regulated forex trading environment through its international entities. While the broker lacks local 🇳🇪 authorisation, it compensates with strong global oversight, reliable platforms, and competitive trading conditions that suit active and experienced traders.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐☆☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐☆☆

 

2. IC Markets

IC Markets operates as a globally regulated forex broker under authorities such as 🇦🇺 ASIC, 🇨🇾 CySEC, and 🇸🇨 FSA. The broker does not hold local regulatory approval in 🇳🇪 Niger but actively accepts Niger traders through its global regulated entities and international operational framework.

 

BrokerIC Markets
Global regulationLicensed by 🇦🇺 ASIC 🇨🇾
CySEC 🇸🇨 FSA
Niger trader accessAccepts 🇳🇪 residents
globally
Trading platformsMT4
MT5
cTrader
Market rangeForex and CFDs
Trading costsTight spreads
Open an AccountOpen Account

 

★★★
Minimum Deposit: $200
Regulated by: FSA
Crypto: Yes

 

Frequently Asked Questions

 

Is IC Markets regulated or authorised in Niger?

IC Markets does not hold a domestic regulatory licence in 🇳🇪 Niger. The broker instead operates under internationally recognised regulators that enforce strict rules on capital adequacy, trade execution, and client fund protection for global traders.

 

Does IC Markets accept forex traders living in Niger?

Yes. IC Markets accepts traders from 🇳🇪 Niger under its global entities. Niger residents can register, verify accounts, and trade forex and CFDs even though no local Niger financial authority directly supervises the broker.

 

IC Markets

 

★★★
Minimum Deposit: $200
Regulated by: FSA
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Strong global regulationNo 🇳🇪 local regulation
Accepts Niger tradersProtection varies by entity
Deep liquidity accessNo Niger office
Advanced platformsOffshore supervision
Competitive pricingNo local dispute body

 

Our Insights

IC Markets offers Niger traders access to a globally regulated trading environment backed by respected international authorities. Although the broker lacks direct 🇳🇪 regulatory approval, it fully accepts Niger residents through its global entities, delivering strong execution, deep liquidity, and professional-grade trading platforms.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐⭐
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

3. Exness

Exness operates as a globally regulated forex broker under authorities such as 🇨🇾 CySEC, 🇬🇧 FCA, 🇿🇦 FSCA, 🇰🇪 CMA, 🇸🇨 FSA, 🇨🇼 CBCS, 🇻🇬 FSC, and 🇲🇺 FSC. The broker does not hold local regulation in 🇳🇪 Niger but actively accepts Niger traders through its global entities.

 

BrokerExness
Global regulationLicensed by 🇬🇧 FCA 🇨🇾
CySEC 🇿🇦 FSCA
Niger trader accessAccepts 🇳🇪 residents
globally
Account accessibilityVery low minimum
deposits
Trading platformsMT4
MT5
Exness Trader
Execution modelFast market execution
Open an AccountOpen Account

 

★★★★★
Minimum Deposit: $1
Regulated by: CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Crypto: Yes

 

Frequently Asked Questions

 

Is Exness regulated or authorised in Niger?

Exness does not hold a domestic regulatory licence in 🇳🇪 Niger. The broker operates under several international regulators that enforce capital rules, transparency standards, and client fund protections, allowing Niger traders to access a regulated global trading environment.

 

Does Exness accept forex traders living in Niger?

Yes. Exness accepts traders from 🇳🇪 Niger through its global regulated entities. Niger residents can open accounts, access trading platforms, and trade forex and CFDs even though no Niger-based authority directly supervises the broker.

 

exness

 

★★★★★
Minimum Deposit: $1
Regulated by: CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Strong global regulationNo 🇳🇪 local regulation
Accepts Niger tradersProtection varies by entity
Low entry requirementsNo local Niger office
High execution speedOffshore supervision
Multiple platformsNo local dispute authority

 

Our Insights

Exness gives Niger traders direct access to a globally regulated trading environment supported by multiple international authorities. Although the broker lacks local 🇳🇪 regulatory approval, it fully accepts Niger residents under its global entities, delivering accessible accounts, fast execution, and flexible trading conditions.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐⭐
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐⭐
6Customer Support and Regulatory Compliance⭐⭐⭐⭐⭐
7Deposit and Withdrawal Option⭐⭐⭐⭐⭐
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐⭐
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

Top 3 Forex Brokers in Niger – Head-to-Head Comparison

 

BrokerPepperstone SmallIC Markets SmallExness Small
Minimum DepositFrom AU$10From $200Varies by account type
Spreads From0.0 pips0.0 pips0.0 pips
CommissionsYesVariable$0 – $3.5 per lot
Swap FeesYesYesYes
Leverage1:200 (Retail)
Up to 1:500
Up to 1:20001:500 (Pro)
Withdrawal FeesNoneGenerally noneNone (most methods)
Margin RequirementsVariesVariesVaries by account
CFDs Available1,200+2,000+100+
IB/Partner ProgramYesYesYes
RegulationASIC
FCA
CySEC
DFSA
BaFin
CMA
SCB
FSA (Seychelles)FCA
CySEC
FSCA
FSA
FSC
CMA
CBCS
JSC
Open an AccountOpen AccountOpen AccountOpen Account

 

4. Eightcap

Eightcap operates under several respected global regulatory licences, including 🇦🇺 ASIC, 🇬🇧 FCA, 🇨🇾 CySEC, and 🇧🇸 SCB, providing a regulated forex and CFD trading environment for international traders. The broker does not hold a local regulatory licence in 🇳🇪 Niger but accepts Niger residents through its global regulated entities.

 

BrokerEightcap
Global regulationLicensed by 🇦🇺 ASIC 🇬🇧
FCA 🇨🇾 CySEC 🇧🇸 SCB
Niger trader accessAccepts 🇳🇪 residents
globally
Trading platformsMT4
MT5
TradingView
Market range800 plus CFDs
Competitive pricingTight spreads and low
costs
Open an AccountOpen Account

 

★★★★
Minimum Deposit: $100
Regulated by: ASIC, FCA, CySEC, SCB
Crypto: Yes

 

Frequently Asked Questions

 

Is Eightcap regulated or authorised in Niger?

Eightcap does not maintain a local regulatory licence in 🇳🇪 Niger. It operates under multiple international regulators that enforce compliance, client fund segregation, and operational standards, providing a safe trading environment for Niger residents.

 

Does Eightcap accept forex traders living in Niger?

Yes. Eightcap accepts traders from 🇳🇪 Niger through its globally regulated entities. Niger residents can open accounts, access platforms, and trade forex and CFDs even without direct oversight from a Niger financial authority.

 

Eightcap

 

★★★★
Minimum Deposit: $100
Regulated by: ASIC, FCA, CySEC, SCB
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Multi‑jurisdiction regulationNo 🇳🇪 local licence
Accepts Niger tradersProtection varies by entity
Wide asset rangeNo local Niger support office
Popular platformsRestricted countries list
Competitive pricingControls differ by jurisdiction

 

Our Insights

Eightcap provides Niger traders access to a globally regulated forex and CFD environment under strong international licences. While the broker lacks local 🇳🇪 regulation, it fully accepts Niger residents through its global entities, offering wide markets, advanced platforms, and competitive trading conditions.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐☆☆

 

5. XM

XM operates as a globally regulated forex and CFD broker under authorities such as 🇬🇧 FCA, 🇨🇾 CySEC, 🇦🇺 ASIC, and 🇯🇾 FSA. XM does not hold a local regulatory licence in 🇳🇪 Niger, but it accepts traders from Niger through its global regulated entities and provides full access to trading services.

 

BrokerXM
Global regulationLicensed by 🇬🇧 FCA 🇨🇾
CySEC 🇦🇺 ASIC
Niger trader accessAccepts 🇳🇪 residents
globally
Account typesStandard and Zero
options
Trading platformsMT4 and MT5 available
Customer educationStrong learning resources
Open an AccountOpen Account

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes (not available under CySEC (EU) or DFSA (MENA).

 

Frequently Asked Questions

 

Is XM regulated or authorised in Niger?

XM does not have a local regulatory licence in 🇳🇪 Niger. The broker instead operates under multiple respected international regulators that enforce financial standards, client fund protections, and trading transparency for its global client base.

 

Can someone open an XM trading account?

Yes. Traders living in 🇳🇪 Niger can open accounts with XM through its global regulated entities. Niger residents can register, verify, and trade forex and CFDs even though XM does not maintain direct local oversight in Niger.

 

XM

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes (not available under CySEC (EU) or DFSA (MENA).

 

Pros and Cons

 

✓ Pros✕ Cons
Well recognised licencesNo 🇳🇪 local regulation
Accepts Niger tradersProtection varies by entity
Multiple account typesNo Niger branch office
Good educational toolsNon‑trading fees may apply
MT4 and MT5 platformsLimited product range

 

Our Insights

XM delivers a regulated global trading environment that Niger traders can access through its international entities. While the broker lacks a local 🇳🇪 licence, it accepts Niger residents, offering diverse account types, robust platforms, and quality educational resources.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐⭐
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐☆☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

6. FP Markets

FP Markets operates as a globally regulated forex and CFD broker with licences from authorities such as 🇦🇺 ASIC, 🇨🇾 CySEC, 🇿🇦 FSCA, 🇸🇨 FSA, and a registered presence in 🇻🇬 St. Vincent and the Grenadines. The broker does not hold a local regulatory licence in 🇳🇪 Niger but accepts Niger traders through its international regulated entities.

 

BrokerFP Markets
Global regulationLicensed by 🇦🇺 ASIC 🇨🇾
CySEC 🇿🇦 FSCA 🇸🇨 FSA
Niger trader accessAccepts 🇳🇪 residents
globally
Trading platformsMT4
MT5
cTrader
IRESS
Market rangeForex shares
commodities indices
Client protectionSegregated funds
negative balance
protection
Open an AccountOpen Account

 

★★★★★
Minimum Deposit: $100
Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA
Crypto: Yes

 

Frequently Asked Questions

 

Is FP Markets regulated or authorised in Niger?

FP Markets does not hold a domestic regulatory licence in 🇳🇪 Niger. The broker operates under several international regulators that enforce compliance, fund segregation, and financial reporting standards, giving Niger traders access to a regulated global trading environment.

 

Can someone in Niger open an FP Markets trading account?

Yes. Traders in 🇳🇪 Niger can open accounts with FP Markets through its global regulated entities. Niger residents can register, fund accounts, and trade forex and CFDs even though no local Niger authority supervises the broker.

 

FP Markets

 

★★★★★
Minimum Deposit: $100
Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Multi‑jurisdiction regulationNo 🇳🇪 local licence
Accepts Niger tradersProtection varies by entity
Wide instrument rangeNo Niger support office
Competitive pricingOffshore supervision parts
Advanced platformsCompensation limits vary

 

Our Insights

FP Markets provides Niger traders access to a globally regulated forex and CFD trading environment supported by strong international licences. While the broker lacks local 🇳🇪 regulatory approval, it fully accepts Niger residents through its global entities, offering diverse markets, reliable platforms, and established client protection measures.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐⭐
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐☆☆
7Deposit and Withdrawal Option⭐⭐⭐☆☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

7. FBS

FBS serves forex and CFD traders globally through multiple international licences from authorities such as 🇨🇾 CySEC, 🇦🇺 ASIC, 🇿🇦 FSCA, and the 🇧🇿 Belize FSC. The broker does not hold a local regulatory licence in 🇳🇪 Niger but accepts Niger traders through its global regulated entities.

 

BrokerFBS
Global regulationLicensed by 🇨🇾 CySEC
🇦🇺 ASIC 🇿🇦 FSCA 🇧🇿
Belize FSC
Niger trader accessAccepts 🇳🇪 residents
globally
Trading platformsMT4
MT5
FBS Trader
Market rangeForex CFDs metals
indices
Leverage optionsHigh leverage up to
1:3000
Open an AccountOpen Account

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC, CySEC, ASIC
Crypto: Yes

 

Frequently Asked Questions

 

Is FBS regulated or authorised in Niger?

FBS does not operate under a domestic regulatory licence in 🇳🇪 Niger. It runs regulated entities globally that meet international compliance standards, allowing traders from Niger to trade under these licences.

 

Can someone in Niger open an FBS trading account?

Yes. Traders in 🇳🇪 Niger can open accounts with FBS through its global entities. Niger residents can access platforms, markets, and account services even though no local authority in Niger directly supervises the broker.

 

FBS

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC, CySEC, ASIC
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Multi‑jurisdiction regulationNo 🇳🇪 local licence
Accepts Niger tradersProtection varies by entity
High leverage optionsNo Niger support office
Low minimum depositsProduct range moderate
Multiple platformsCompensation varies

 

Our Insights

FBS offers Niger traders access to a globally regulated forex trading environment under licences from recognised authorities like 🇨🇾 CySEC, 🇦🇺 ASIC, and 🇧🇿 Belize FSC. Although it lacks local 🇳🇪 regulation, the broker accepts Niger residents through its global entities, providing diverse markets, high leverage, and versatile platforms.

 

#CriteriaScore
1.Overall Rating and Trust Score⭐⭐⭐⭐☆
2.Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3.Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4.Research and Education⭐⭐⭐⭐☆
5.Mobile Trading and User Experience⭐⭐⭐⭐☆
6.Customer Support and Regulatory Compliance⭐⭐⭐☆☆
7.Deposit and Withdrawal Option⭐⭐⭐⭐⭐
8.Execution Speed and Order Types⭐⭐⭐⭐☆
9.Risk Management and Safety Measures⭐⭐⭐⭐☆
10.Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

7 Best Forex Brokers in Niger – A Comparison

 

Pepperstone SmallAccepts Nigerien clients
with full platform access.
Open AccountRead Review
IC Markets SmallOpen to Nigerien traders
with multiple account
types.
Open AccountRead Review
Exness SmallAccepts Nigerien clients
with flexible account
options.
Open AccountRead Review
EightCap SmallAccepts Nigerien clients
with access to multiple
asset classes.
Open AccountRead Review
XM SmallOver 1,000 trading
instruments including
forex and CFDs.
Open AccountRead Review
FP Markets SmallRaw spreads and low
commission accounts
available.
Open AccountRead Review
FBS SmallOffers bonuses,
promotions, and loyalty
programs.
Open AccountRead Review

 

Forex Trading in Niger – a Quick Overview

Forex trading in Niger is legal, though the country does not have a local retail forex regulator. Traders in Niger typically use internationally regulated brokers licensed by authorities like the FCA, ASIC, CySEC, and FSCA.

These brokers provide access to major and minor currency pairs, commodities, indices, stocks, and cryptocurrencies with modern platforms, competitive spreads, and reliable account security.

 

Best Forex Brokers in Niger

 

Pros and Cons of Forex Trading in Niger

 

✓ Pros✕ Cons
Access to top-tier international regulation.No local Nigerien regulator.
Client funds in segregated accounts.Legal recourse depends on foreign authorities.
High transparency and operational standards.Dispute resolution can be slower.
Modern platforms with fast execution.Regulatory protections vary by broker.
Negative balance protection often offered.Some brokers operate offshore for certain clients.

 

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In Conclusion

While Niger lacks a local regulator, traders can safely access global forex and CFD markets by choosing brokers regulated in top-tier jurisdictions. Well-regulated brokers ensure transparency, secure client funds, fast trade execution, and a globally competitive trading experience.

Faq

Yes, forex trading is legal, but there is no local retail forex regulator.

Internationally regulated brokers such as FCA, ASIC, CySEC, or FSCA-regulated platforms.

Yes, most brokers offer currency pairs, commodities, indices, stocks, and crypto.

Funds are generally held in segregated accounts under strict international regulations.

Yes, most provide platforms with competitive spreads, fast execution, and mobile apps.

HFM

HFM rest

Pu Prime

XM

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