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6 Best Forex Brokers in Niger

Last Update: June 26th, 2024

Niger

 

The 6 Best Forex Brokers in Niger – Rated and Reviewed. We have listed the Best Forex Brokers accepting traders in Niger.

 

In this in-depth guide, you will learn:

 

  • The Best Forex Brokers in Niger – a List
  • Best Forex Brokers in Niger for Beginners
  • Which West African Countries are Best for Forex Traders?
  • The Best Forex Brokers for Foreigners
  • Leading MetaTrader Forex Brokers

 

and much, MUCH more!

 

6 Best Forex Brokers in Niger

 

6 Best Forex Brokers in Niger – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Traders in Niger💶 Min. Deposit (CAF)
🥇 HF Markets👉 Click Here✅YesNone
🥈 FBS👉 Click Here✅Yes3012,50
🥉 Exness👉 Click Here✅Yes6025,00
🏅 AvaTrade👉 Click Here✅Yes60250,00
🎖️ FXCM👉 Click Here✅Yes30125,00
🏆 IC Markets👉 Click Here✅Yes120500,00

 

6 Best Forex Brokers in Niger (2024)

 

  1. ☑️ HF Markets – Overall, the Best Forex Broker in Niger
  2. ☑️ FBS – Best Overall Offering
  3. ☑️ Exness – Leading Broker for Established Traders
  4. ☑️ AvaTrade – Best Online Trading Experience
  5. ☑️ FXCM – Best Mobile Trading Experience
  6. ☑️ IC Markets – Best Forex Broker for Beginners

 

HFM Review

 

HF Markets

HF Markets or, HFM is a highly regulated and trusted Forex and CFD Brokerage. Regulations include FSCA, CySEC, DFSA, FSA, FCA, FSC, and, CMA. In addition, notable Factors, Features, and Benefits to consider include:

 

  • Bonus offers, Promotions, and, Contests on Occasion
  • 24/5 Customer Support
  • Award Winning Mobile Trading app
  • Cent, Zero, Pro, Premium Accounts
  • Demo and Islamic, Swap-Free Options
  • Multiple Base Currencies including USD and EUR
  • Affiliate and Partnership Programs
  • Scalping and Hedging are Offered

 

Trading Instruments include Forex, Precious Metals, Energies, Indices, Shares, Commodities, Crypto CFDs, Bonds, and, ETFs. HFM supports MetaTrader 4 and MetaTrader 5.

 

🔎 Broker🥇 HFM
💴 Minimum Deposit$0
📌 Regulation and LicensesFSCA, CySEC, DFSA, FSA, FCA, FSC, CMA
5️⃣ Ease of Use Rating5/5
🎁 Bonuses✅Yes
⏰ Support Hours24/5
⚙️ Trading PlatformsMT4, MT5, HFM Trading App
🚀 Open an Account
👉 Click Here

 

HFM

 

Pros and Cons

 

✅ Pros❌ Cons
Top-tier RegulationRegional constraints
Segregated Accounts for Client FundsInactivity fees

 

Our Insights

The Benefits of Trading with HF Markets include access to Top-tier Regulations and Segregated Client Funds.

 

FBS Review

 

FBS

FBS is a well-regulated globally renowned Forex and CFD Broker. Regulations include IFSC, CySEC, ASIC, and, the FSCA. In addition, notable Factors, Features, and Benefits to consider include:

 

  • Retail, Demo, and, Islamic Accounts
  • Low 5 USD Minimum Deposit
  • USD and EUR Base Currencies
  • Spreads from 0.7 Pips
  • Leverage of up to 1:3000
  • Access to over 70 Currency Pairs
  • Multilingual Customer Support

 

Trading Instruments include Forex, Precious Metals, Indices, Energies, Stocks, and, Crypto CFDs. FBS supports MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Mobile App is available.

 

🔎 Broker🥇 FBS
💴 Minimum Deposit5 USD
💵 Inactivity FeeNone
🤝 Affiliate Program✅Yes
4️⃣ Ease of Use Rating4/5
📐 Trading InstrumentsForex, Precious Metals, Indices, Energies, Stocks, Crypto CFDs
🚀 Open an Account
👉 Click Here

 

FBS Review

 

Pros and Cons

 

✅Pros❌Cons
Minimum deposit - $5High leverage may be daunting
Leverage of up to 1:3000High leverage carries an increased risk of loss
Commission-free tradingLack of fixed spread options

 

Our Insights

The Benefits of trading with FBS include access to over 100 Payment Methods, and, High Leverage Options.

 

Exness Review

 

Exness

Exness is a trustworthy and highly regulated financial services provider. Regulations include FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, and, the CMA. In addition, notable Factors, Features, and Benefits to consider include:

 

  • Standard, Standard Cent, Raw Spread, Zero, and Pro Accounts
  • Demo and Islamic, Swap-Free Options
  • Unlimited Leverage
  • Access to over 100 Currency Pairs
  • Low 10 USD Minimum Deposit
  • 24/7 Customer Support

 

Trading Instruments include Forex, Commodities, Stocks, Indices, and, Cryptocurrencies. Exness support MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Trading Platform and App is available.

 

🔎 Broker🥇 Exness
💴 Minimum Deposit10 USD
📈 SpreadsFrom 0.0 pips EUR
📉 LeverageUnlimited
🪙 Currency Pairs100+
🤝 Affiliate Program✅Yes
🚀 Open an Account
👉 Click Here

 

Exness

 

Pros and Cons

 

✅ Pros❌ Cons
Flexible trading accountsDemo account is only valid for 21 days
Well-regulated + Comprehensive fund protectionLimited product portfolio
Powerful trading platformsCountry Restrictions

 

Our Insights

The benefits of trading with Exness include Comprehensive Fund Protection and Impressive Customer Support.

 

AvaTrade Review New

 

AvaTrade

AvaTrade is amongst the highest regulated and trusted Financial Services Providers. Regulations include FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, and, CMA. In addition, notable Factors, Features, and Benefits to consider include:

 

  • Occasional Bonus Offers, Promotions, and, Competitions
  • 24/5 Dedicated Customer Support
  • Access to a Referal Bonus
  • ZAR, USD, GBP, and, AUD Base Currencies
  • Spreads from 0.6 Pips
  • Leverage of up to 1:400
  • Scalping and Hedging are Provided

 

Trading Instruments include Forex, Stocks, Commodities, Crypto CFDs, Treasuries, Bonds, Indices, Exchange-Traded Funds (ETFs), Options, Precious Metals, and, CFDs. AvaTrade supports AvaTrade WebTrader, AvaOptions, AvaTradeGO, MetaTrader 4, MetaTrader 5, AvaSocial, DupliTrade, and, ZuluTrade.

 

🔎 Broker🥇 AvaTrade
💴 Minimum Deposit100 USD
🖱️ Account TypesRetail, Islamic, Professional
🪙 Base CurrenciesZAR, USD, GBP, AUD
5️⃣ Ease of Use Rating4/5
🎁 Bonuses✅ Yes, referral bonus
⏰ Support Hours24/5
💵 Currency Pairs51; Major, Minor, Exotic Pairs
🤝 Affiliate Program✅ Yes
🚀 Open an Account
👉 Click Here

 

AvaTrade Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Over 1,260 instrumentsInactivity fees on dormant accounts
Fixed spreads from 0.6 pips on the Pro AccountThe demo account is available for 21 days
Islamic AccountDeposit and withdrawal options are limited
There is a free demo account availableLeverage is capped at 1:30 for retail accounts

 

Our Insights

The benefits of trading with AvaTrade include access to Demo and Islamic, Swap-Free Accounts.

 

FXCM Review

 

FXCM

FXCM is a highly respected and established Forex and CFD Broker. Regulations include FCA, ASIC, CySEC, and, the FSCA. In addition, notable Factors, Features, and Benefits to consider include:

 

  • TradingView integration
  • Referral Program and Rebate Options
  • CFD and Demo Trading Accounts
  • Leverage of up to 1:30
  • Spreads from 0.2 Pips
  • An inactivity Fee is Charged

 

Trading Instruments include Forex, shares, indices, commodities, cryptocurrencies, Forex Baskets, and, Stock Baskets. FXCM supports Trading Station, TradingView Pro, MetaTrader 4, Capitalise AI, and, ZuluTrade. In addition, an FXCM Mobile App is available.

 

🔍 Broker🥇 FXCM
💵 Minimum Deposit50 USD
4️⃣ Ease of Use Rating4/5
🎁 Bonuses✅ Yes
🕰️ Support Hours24/5
🚀 Open an Account👉 Click Here

 

FXCM

 

Pros and Cons

 

✅ Pros❌ Cons
Multitude of educational materialsHigh Currency conversion fees
Multiple Account TypesNarrow asset portfolio
24-hour multilingual customerLimited Trading Platforms

 

Our Insights

The benefits of trading with FXCM include access to excellent educational materials and impressive multilingual customer support.

 

IC Markets Review

 

IC Markets

IC Markets is a Forex and CFD Broker with a Comprehensive offering. Regulations include ASIC, CySEC, FSA, and, the SCB. In addition, notable Factors, Features, and Benefits to consider include:

 

  • Social and Copy Trading
  • Multiple Base Currencies, including AUD, USD, and, JPY
  • cTrader, Raw Spread, and, Standard Account
  • Demo and Islamic, Swap-Free Accounts
  • 200 USD Minimum Deposit
  • No Inactivity Fee is Charged

 

Trading instruments include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. IC Markets support MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade.

 

🔎 Broker🥇 IC Markets
💴 Minimum Deposit200 USD
💵 Inactivity FeeNone
📌 Regulation and LicensesASIC, CySEC, FSA, SCB
5️⃣ Ease of Use Rating5/5
🎁 BonusesNone
⏰ Support Hours24/7
🚀 Open an Account👉 Click Here

 

IC Markets

 

Pros and Cons

 

✅Pros❌Cons
Affordable forex and CFD trading costsHigh minimum deposit requirement
Comprehensive education and researchNo investor protection for non-EU customers

 

Our Insights

The Benefits of trading with IC Markets include affordable forex and CFD trading costs.

 

Is Forex Trading Legal in Niger?

 

Is Forex Trading Legal in Niger?

Forex Trading in Niger is Legal and Available without Restriction.

 

Forex in Niger

 

In Conclusion

Forex Trading in Niger is not a popular or daily occurrence. However, it is available without restriction. In addition, Multiple International Forex Brokers accept Local Traders.

 

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker
🥈Read ReviewFSCA, IFSC, ASIC, CySEC, DFSA, FCAUSD 5Visit Broker
🥉Read ReviewFCA, FSCA, FSC, CMAUSD 10Visit Broker
4Read ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker
5Read ReviewFCA, CySEC, FSCA, SCBUSD 100Visit Broker
6Read ReviewCySEC, MISA, FSCAUSD 25Visit Broker
7Read ReviewCySEC, FCA, FSA, FSCA, Labuan FSAUSD 100Visit Broker
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit Broker

 

Our Insights

While reviewing the Best Forex Brokers that accept Traders in Niger, we found 6 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.

 

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FAQs

Forex Trading in Niger is available without restriction.

No minimum deposit is required.

No inactivity Fee is charged.

Regulations include FSA, CBCS, and, the FSC.

The AvaTrade minimum deposit is 100 USD.

24/5 Customer Support is available.

The IC Markets Minimum deposit is 200 USD.

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