Withdrawing to a Nigerian bank or wallet: which apps name one
Three of the 15 apps name a Nigerian bank, wallet or naira method on their own pages: Pocket Option, Olymp Trade and Octa. Most of the others send the money back to the method you deposited with.
- Pocket Option
- PalmPay, OPay, bank, cards
- Olymp Trade
- 7 Nigerian banks
- Octa
- Local bank (NGN)
Method by app
| App | SEC Nigeria register | Withdrawal method | Published time |
|---|---|---|---|
| StockitySponsored Site partner | Not listed in the SEC Nigeria register | Same as deposit | Up to 3 days + provider time |
| Deriv | Not listed in the SEC Nigeria register | P2P, crypto, cards | P2P 1 hour, crypto 1 day |
| Exness | Not listed in the SEC Nigeria register | In Personal Area | Instant to 24 hours |
| ExpertOption | Not listed in the SEC Nigeria register | Same as deposit | Up to 5 business days |
| FBS | Not listed in the SEC Nigeria register | Same as deposit | 24h + up to 7 days |
| FXTM | Not listed in the SEC Nigeria register | Not checked yet | 24h + method time |
| HFM (HF Markets) | Not listed in the SEC Nigeria register | Bank, cards, e-wallets | Instant to 10 days |
| IC Markets | Not listed in the SEC Nigeria register | Same as deposit | Instant to 14 days |
| IQ Option | Not listed in the SEC Nigeria register | Same as deposit | 3 business days |
| JustMarkets | Not listed in the SEC Nigeria register | Not checked yet | Instant |
| Octa | Not listed in the SEC Nigeria register | Local bank (NGN) | Up to 4 hours |
| Olymp Trade | Not listed in the SEC Nigeria register | 7 Nigerian banks | 70% within 1 hour |
| Pepperstone | Not listed in the SEC Nigeria register | Same as deposit | Up to 7 business days |
| Pocket Option | Not listed in the SEC Nigeria register SEC alert 21 Jul 2025 | PalmPay, OPay, bank, cards | Up to 3 business days |
| Quotex | Not listed in the SEC Nigeria register | Same as deposit | 1 to 5 days |
Stockity heads the table as our site partner; the rows after it run in alphabetical order and do not rank the apps.
Apps that name a Nigerian method
Pocket Option
Its payment page lists PalmPay, OPay, Visa/Mastercard/Verve and bank transfer, all in NGN, with 0% commission on the NGN methods listed. The page does not say which of them work for withdrawals, and its public offer sends withdrawals back to your deposit methods in the same proportion as the deposits.
Olymp Trade
Its help centre names 7 Nigerian banks for deposits and withdrawals: Access, Zenith, First Bank of Nigeria, Sterling, GTBank, Providus and Unity. Its Nigerian bank pages say a withdrawal usually takes 24 hours to 5 business days, and after that to contact support. Its general page gives another figure: About 70% within 1 hour, 25% within 24 hours.
Octa
Octa names a Nigerian local bank transfer in NGN. Minimum: ₦7,000. Fee: None. Published time: Up to 4 hours.
Same as deposit
"Same as deposit" means the app pays a withdrawal back to the card, wallet or account you paid in with. Stockity, Quotex, IQ Option, ExpertOption, FBS, IC Markets and Pepperstone work this way, and none of them names a Nigerian method. Exness shows its methods only in the Personal Area; HFM lists Bank transfer, cards and two alternative methods (names shown only as logos). Stockity pays out only to methods already used for a deposit, and the account can be in USD, EUR or local currency, converted at the market rate. Its full terms are on the Stockity withdrawal page.
Deriv and P2P
Deriv's public list names no Nigerian bank and no naira method. Deriv P2P is its own route: you exchange with other Deriv users in local currency, up to USD 10,000 a day, and a trade takes up to 1 hour. Across its methods Deriv publishes P2P 1 hour, crypto 1 day.
Before you deposit
For most of these apps the deposit method decides the payout method. If you want the money back in a Nigerian bank account or wallet, choose that method when you deposit, not when you withdraw. If your withdrawal is late or comes back rejected, see withdrawal pending, rejected or cut; for the smallest amounts and daily caps, minimum withdrawal, fees and limits.
Terms from the app's own site
Lookalike domains with the same app names publish other methods and other times. The values here come from each app's own domain, each with the date it was checked; how we choose and word them is in the site rules.
Questions
How do I withdraw from Pocket Option in Nigeria?
Its payment page lists naira methods such as PalmPay, OPay and bank transfer, without saying which are for withdrawals. Withdrawals go back to your deposit methods in the same proportion as the deposits. Its slip also carries the SEC Nigeria public alert, 21 Jul 2025.
How do I withdraw from Olymp Trade in Nigeria?
To one of the seven Nigerian banks its help centre names. Its Nigerian bank pages say this usually takes 24 hours to 5 business days.
Can I withdraw from Deriv to a bank account in Nigeria?
Deriv names no Nigerian bank on its public list. Deriv P2P is its own route to local currency.
Next guide
Withdrawal pending, rejected or cutWaiting longer than the published time? The causes the apps name, and what to check before you contact support.