Nigeria

SEC Nigeria — Securities and Exchange Commission Nigeria

Nigeria's SEC supervises the Nigerian capital market and publishes warnings against unregistered or illegal operators. A warning is adverse jurisdiction-specific evidence, not a licence.

Official regulator website ↗

Forex/CFD oversight strength40/100Limited oversightThis score measures retail forex/CFD supervisory strength, including licensing depth, client-money and conduct rules, enforcement, complaints/compensation and whether the authority actually licenses this activity.

Verified relationships

Brokers connected to SEC Nigeria

CMTradingCMTrading / GCMT entities as marketed to Nigerian users

Licence/statuswarning — not registered in Nigeria; SEC notice published 20 June 2025

RoleAdverse jurisdiction-specific warning, not an authorisation; Nigeria SEC also reported Ponzi-like indicators in the activity it investigated

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