At FXTM, we strive to provide a seamless and efficient experience for our Nigerian clients when it comes to managing their trading accounts. To ensure clarity, we've outlined key information about payment options, focusing on depositing and withdrawing funds.
Covered in this article:
How can I deposit NGN?
To explore all Naira transfer options, designate NGN as your deposit currency. You'll find various local payment methods designed for Nigeria, supporting Naira deposits. Input the amount, taking note of the minimum deposit requirement, to activate the deposit button for your chosen option.
If you deposit NGN to your USD, GBP, or EUR trading account or wallet, a conversion rate will apply. Find more on conversion rates in the Are deposits subject to a conversion rate? article.
You can find detailed instructions on how to deposit MyFXTM Dashboard here: Nigeria Payment Methods.
How can I withdraw NGN?
If you have deposited using Naira, you have the option to withdraw NGN seamlessly by choosing Nigerian Mobile Banking. Select your NGN trading account or wallet, input the amount, and submit a withdrawal request. FXTM will promptly send funds to your bank, and your account will be debited shortly after, typically within 30 minutes.