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Withdrawing from trading apps in Nigeria

Each slip below puts one app's own withdrawal terms in one place: the method it names, the time it publishes, its fee and its smallest amount, next to its status in the SEC Nigeria register.

Stockity Sponsored Site partner Visit partner

  1. The app's step

    The published time on each slip below covers this part.

  2. Your bank or payment provider

    It can add its own time after the app has sent the money.

  3. Your account

    The money arrives in your bank account or wallet.

In the list: Stockity, Deriv, Exness, ExpertOption, FBS, FXTM, HFM (HF Markets), IC Markets, IQ Option, JustMarkets, Octa, Olymp Trade, Pepperstone, Pocket Option, Quotex

Slip 01

Stockity

Sponsored Site partner
SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
Same as deposit
Published time
Up to 3 days + provider time
Fee
None; 10% without trading
Minimum
$10 or the equivalent

Visit partner

Slip 02

Deriv

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
P2P, crypto, cards
Published time
P2P 1 hour, crypto 1 day
Fee
None; method may charge
Minimum
By method
Slip 03

Exness

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
In Personal Area
Published time
Instant to 24 hours
Fee
No Exness fee
Minimum
Not checked yet
Slip 04

ExpertOption

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
Same as deposit
Published time
Up to 5 business days
Fee
Up to 20%; $50 a month if dormant
Minimum
$10
Slip 05

FBS

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
Same as deposit
Published time
24h + up to 7 days
Fee
Not checked yet
Minimum
Not checked yet
Slip 06

FXTM

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
Not checked yet
Published time
24h + method time
Fee
3% without trading
Minimum
Not checked yet
Slip 07

HFM (HF Markets)

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
Bank, cards, e-wallets
Published time
Instant to 10 days
Fee
None; banks may charge
Minimum
$5 to $100
Slip 08

IC Markets

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
Same as deposit
Published time
Instant to 14 days
Fee
None; banks may charge
Minimum
Not checked yet
Slip 09

IQ Option

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
Same as deposit
Published time
3 business days
Fee
2% from 2nd a month; 5% expedited
Minimum
$2
Slip 10

JustMarkets

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
Not checked yet
Published time
Instant
Fee
None; some systems charge
Minimum
Not checked yet
Slip 11

Octa

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
Local bank (NGN)
Published time
Up to 4 hours
Fee
None
Minimum
₦7,000
Slip 12

Olymp Trade

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
7 Nigerian banks
Published time
70% within 1 hour
Fee
None on most; up to 20% after a check
Minimum
$10 or the equivalent
Slip 13

Pepperstone

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
Same as deposit
Published time
Up to 7 business days
Fee
$20 intl bank; others free
Minimum
Not checked yet
Slip 14

Pocket Option

SEC Nigeria register
Not listed in the SEC Nigeria register SEC alert 21 Jul 2025
Withdrawal method
PalmPay, OPay, bank, cards
Published time
Up to 3 business days
Fee
0% (NGN methods)
Minimum
$10
Slip 15

Quotex

SEC Nigeria register
Not listed in the SEC Nigeria register
Withdrawal method
Same as deposit
Published time
1 to 5 days
Fee
3% from 3rd a day
Minimum
$10; crypto from $50

Stockity is first because it is our site partner. The other apps follow A to Z; the order is not a score.

Also searched in the SEC Nigeria register and not listed: AvaTrade, FxPro, Headway and XM. We hold no withdrawal values for them yet.

How to read a slip

The published time is the app's part

The time on a slip is what the app publishes for its own step. Your bank or payment provider can add its own time after that. Stockity publishes: Approval up to 3 days (Standard), 24 hours (Gold), 4 hours (VIP); then minutes to 3 business days at the provider, rarely up to 7 days. FXTM publishes 24h + method time.

Not checked yet

This means we hold no value from the app's own pages yet. It is not a no.

Two values from one app

Where an app's own pages give two different times, the guide for that topic shows both.

SEC Nigeria register

Every app here has the same wording, because none of them is listed. Pocket Option's slip also carries a tag for the SEC Nigeria public alert, 21 Jul 2025. In a notice of 19 October 2018 the SEC said online retail forex trading in Nigeria was "currently unregulated". You can search the register yourself on the SEC Nigeria site.

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