SEC proposes N3bn capital for Online Forex Broker Dealers

SEC proposes N3bn capital for Online Forex Broker Dealers

Nigeria’s Securities and Exchange Commission (SEC) has released a set of proposed rules on online forex (FX) trading and contract read more SEC proposes N3bn capital for Online Forex Broker Dealers

SEC targets offshore forex platforms with N5bn capital, local ownership rules

The Securities and Exchange Commission (SEC) has proposed minimum capital requirements of up to N5 billion for operators in Nigeria’s retail foreign exchange and Contracts for Difference (CFDs) market. The proposed framework, contained in the Draft Rules on Online Forex Trading and Contracts for Difference, was issued pursuant to the Investments and Securities Act (ISA) […]

SEC Proposes N5bn Capital Base for Online Forex, CFD Brokers

The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for online forex trading and Contracts for Difference (CFDs), including minimum capital requirements of up to N5 billion for operators seeking to serve Nigeria’s retail market. The proposed rules, issued under the Investments and Securities Act (ISA) No. 2, 2025, are contained in […] The post SEC Proposes N5bn Capital Base for Online Forex, CFD Brokers appeared …

SEC Proposes N5bn Capital For Forex Trading Platforms, N3bn For Brokers

The Securities and Exchange Commission (SEC), has proposed minimum capital requirements of up to N5 billion for operators in Nigeria’s retail forex and Contracts for Difference (CFDs) market, as it moves to bring both domestic and offshore platforms under formal regulation. The draft Rules on Online Forex Trading and Contracts for Difference were issued under […]

SEC Proposes N5bn Capital, 30% Local Ownership For Forex Operators

The Securities and Exchange Commission (SEC) is seeking to tighten oversight of Nigeria’s retail forex and Contracts for Difference (CFD) market through

SEC Proposes New Rules for Online Forex Trading, Sets Capital Requirement

By Adedapo Adesanya The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for online forex trading and Contracts for Difference (CFDs), setting minimum capital requirements of up to N5 billion for operators seeking to participate in Nigeria’s retail forex market. The proposed rules, issued under the Investments and Securities Act (ISA) No. […]