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Many Forex brokers in Nigeria offer traders a no-deposit bonus when signing up for a trading account. With this bonus, new traders can begin trading the Forex markets without risking their own money.
While a no-deposit bonus is a useful incentive, there are several other factors which beginner traders should consider before signing up with a broker. These include regulation, pricing, and educational material.
In this article, we uncover the 5 best Forex broker which offer a no deposit bonus to Nigeria traders as well as excellent, beginner-friendly trading conditions.
1.    HF Markets
Overview
When it comes to brokers in Nigeria, many traders choose HF Markets. Apart from offering a Forex no deposit bonus, HF Markets offers user-friendly forex trading for beginners.
Traders using the HF Markets MT5 platform have access to all of MetaTrader 5’s powerful capabilities, and they can modify these settings to better suit their individual needs and trading strategies.
Pros and Cons
2.    XM
Overview
Since its founding in 2009, XM Group has grown into a trustworthy and thoroughly regulated brokerage and offers user-friendly forex trading for beginners.
This broker’s lightning-fast trade execution and robust set of analytical tools makes it a top pick for all types of traders, from short-term day traders to long-term investors.
3.    Tickmill
Overview
Tickmill is a trusted STP broker that focuses on providing a safe and secure trading environment for traders of all skill levels.
Tickmill provides a user-friendly trading environment alongside cutting-edge resources and innovative software.
4.    FBS
Overview
FBS is a globally regulated CFD broker that allows trading in a wide range of assets. These assets include currencies, metals, commodities, indices, stocks, and more than 35 digital assets.
5.    InstaForex
Overview
InstaForex offers a variety of benefits, including superior technical solutions, some of the best trading conditions available, and a dedicated team of educators and support staff who work closely with each individual client.
Also Read: Artificial Intelligence and Profit in Forex Trade