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Afrinvest Securities Review

Forex BrokerNigeria

Afrinvest Securities is a Lagos stockbroker and part of the wider Afrinvest Group. It trades shares and bonds, and also offers currency brokerage, but not leveraged retail forex or CFDs.

Min Deposit

N/A

Spreads From

Not applicable, this is a stockbroker, not a leveraged forex or CFD broker

Max Leverage

Not applicable, this is a stockbroker, not a leveraged forex or CFD broker

Platforms

Afrinvestor 2.0

Regulated by SEC (Nigeria)

CFDs are complex instruments with high risk of losing money. Retail accounts lose money trading CFDs.

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Pros & Cons

Pros

  • Licensed by Nigeria's SEC as a Broker/Dealer, file number 1653
  • Part of a 30 year old group with real offices across Nigeria
  • Dealing member of both the NGX and the NASD OTC exchange
  • Runs its own trading apps instead of relying on a generic platform

Cons

  • Not a retail leveraged forex or CFD broker despite offering currency services
  • Mainly useful for Nigerian market access, not global currency speculation
  • Public fee schedules and minimum deposit figures are hard to find online
About Afrinvest Securities

Afrinvest Securities Limited is a stockbroking firm based in Lagos, Nigeria. It is part of the Afrinvest Group, which marked its 30th anniversary in 2025 after starting out in 1995. The firm is one of several units under the group, alongside asset management and investment banking arms.

Afrinvest Securities is licensed by Nigeria's SEC as a broker dealer, file number 1653, and is a dealing member of the Nigerian Exchange (NGX) and the NASD OTC exchange. It trades shares, fixed income like treasury bills and bonds, and also runs a currencies trading desk for money market and foreign exchange transactions. Clients can trade through apps such as Afrinvestor 2.0.

This is not a retail leveraged forex or CFD broker. Its currency desk serves money market and corporate clients rather than offering margin trading with high leverage. Anyone looking for a typical forex trading account should treat Afrinvest Securities as a stockbroker first.

Key Facts

Max Leverage

Not applicable, this is a stockbroker, not a leveraged forex or CFD broker

Spreads From

Not applicable, this is a stockbroker, not a leveraged forex or CFD broker

Platforms

Afrinvestor 2.0
Regulation & Safety
SEC Nigeria (Nigeria) — File Number 1653 (Broker/Dealer)NGX (Nigerian Exchange) (Nigeria)
Frequently Asked Questions

NGX EquitiesFixed IncomeFXResearch Services
Quick Facts
Headquarters
Lagos, Nigeria

Regulators

SEC (Nigeria)NGXFMDQ
Regulation
  • SEC (Nigeria)
  • NGX
  • FMDQ
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