Looking for a funded account in Nigeria? On this page, we’ve listed the best prop firms that allow Nigerian traders to trade with their capital and keep a share of the profits. Whether you’re just starting out or already have trading experience, these firms offer great opportunities to grow your skills and income. At Propfirmbook, we’ve compared the top prop firms available to traders in Nigeria, so you can easily find the one that fits your goals.
Prop trading is gaining popularity in Nigeria. With more traders looking to grow their skills and earn from the financial markets, prop firms in Nigeria are providing funded accounts, tools, and mentorship to help them succeed.
Whether you’re trading forex, crypto, stocks, or indices, this guide will show you how to compare the best prop firms in Nigeria and choose the one that fits your goals.
One of the main reasons traders join a prop firm is to get access to more capital. Nigerian prop firms usually offer between $5,000 to $100,000+ in funded accounts, depending on your skill level and the evaluation process.
👉 Ask:
How much capital is provided?
Is there a profit-based scaling plan?
Do they offer accounts in Naira or USD?
The profit split tells you how much of your earnings you get to keep. Good firms usually offer between 70% to 90% to the trader.
👉 Check:
What’s the exact profit split?
Are there withdrawal fees or conditions?
How and when do they pay (bank, crypto, mobile money)?
Most prop firms won’t fund you immediately. You have to pass a challenge or evaluation to prove you’re a disciplined trader.
👉 Look for:
Is it a one-phase or two-phase challenge?
What are the profit targets?
What’s the max drawdown or daily loss limit?
Some Nigerian prop firms focus on forex, while others offer crypto, commodities, indices, or even stocks.
👉 Ask:
What can I trade?
Are MT4, MT5, or TradingView supported?
Can I trade 24/7 (especially for crypto)?
Check if your trading style is allowed. Some firms restrict scalping, news trading, or copy trading.
👉 Clarify:
Can I use EAs or bots?
Are there rules for lot size or risk per trade?
What happens if I break a rule?
You want to join a trusted prop firm, not a scam. Look for online reviews, social media activity, and payout proof.
👉 Verify:
Are they registered in Nigeria?
Do they have good reviews on Trustpilot or social media?
Do they pay on time?
Reliable prop firms pay you on time. Make sure you understand how they process withdrawals.
👉 Check:
How often can I withdraw?
What payment methods are used (bank, USDT, PayPal)?
Are there any hidden charges?
If you’re a trader in Nigeria, joining a prop firm can help you grow your skills and income — without risking your own money. Take time to compare firms based on capital, rules, profit share, and reviews. Whether you choose a local firm or a global one, the key is to find a prop firm that matches your trading style.
✅ Funded capital that suits your skill level
✅ Fair profit split (at least 70%)
✅ Easy-to-understand rules
✅ Trusted reputation
✅ Flexible payment methods
✅ Strategy freedom (no crazy restrictions)