easyMarkets Review 2026
The full easyMarkets write-up for Nigeria traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Nigeria
| Regulator | FSA FSA, Seychelles Financial Services Authority (FSA) |
| Licence Number | SD056 |
| Regulated Entity | EF Worldwide Ltd (SC) |
| Max Leverage (Forex) | 1:2000 |
| Minimum Deposit | $25 |
| EUR/USD Spread | From 1.8 pips |
| Instruments | 200+ |
| Platforms | easyMarkets Platform, MT4, MT5, TradingView |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
Verdict
Cooks under FSA (licence SD056). Cover charge $25. In Nigeria, forex leverage is capped at 1:2000.
About easyMarkets
easyMarkets opened its doors in 2001 out of a kitchen in Limassol, Cyprus. Its menu runs to 200 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by EF Worldwide Ltd (SC) under FSA.
In Nigeria, easyMarkets serves as EF Worldwide Ltd (SC), cleared by FSA under licence number SD056. Under FSA house rules, Nigeria traders are poured no more than 1:2000 leverage on forex pairs.
Trading Platforms
Pros
- FSA regulated, licence SD056
- 200+ instruments to trade
- Negative balance protection in Nigeria
- Platforms: easyMarkets Platform, MT4, MT5, TradingView
- Founded in 2001 (25 years operating)
Cons
- No inactivity fee
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is easyMarkets regulated?
Yes. easyMarkets is authorised by FSA, issued to the entity EF Worldwide Ltd (SC), an authorisation you can look up for yourself on the official FSA public register.
What is the minimum deposit for easyMarkets in Nigeria?
The cover charge is $25, the smallest amount Nigeria traders need to open a live account with easyMarkets under FSA rules.
What leverage does easyMarkets offer in Nigeria?
In Nigeria, FSA rules cap easyMarkets at 1:2000 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is easyMarkets safe to trade with?
The kitchen passes inspection: easyMarkets cooks under FSA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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