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Chapel Hill Denham Review

Forex BrokerNigeria

Chapel Hill Denham is a Lagos based investment bank regulated by Nigeria's SEC. It trades NGX equities and fixed income, not leveraged forex or CFDs.

Min Deposit

N/A

Spreads From

Not applicable, not a leveraged forex or CFD broker

Max Leverage

Not applicable, no leveraged forex or CFD product offered

Platforms

N/A

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 since 2005
  • Acts as a market maker on the Nigerian Exchange, not just a reseller
  • Belongs to both the FMDQ Exchange and the NASD OTC market
  • Research and deal reach extends into Ghana and Kenya as well

Cons

  • Not a forex or CFD broker, so no leverage or spread figures exist
  • Built for institutional and high net worth clients, not retail traders
  • No public minimum deposit or retail account details are published
About Chapel Hill Denham

Chapel Hill Denham Securities Limited is part of the wider Chapel Hill Denham group that Bolaji Balogun founded in Lagos in 2005. Nigeria's Corporate Affairs Commission lists the securities entity under RC 626551, and it is licensed by Nigeria's SEC as a broker dealer.

The firm trades equities and fixed income on the Nigerian Exchange, where it also acts as a market maker. It belongs to the FMDQ Exchange and the NASD OTC market too, and its research and deal work reach into Ghana and Kenya. There is no leveraged forex or CFD account here despite the bestforex.io category.

Chapel Hill Denham also runs investment banking, asset management, and private equity lines through related group companies. It serves institutional and high net worth clients across West Africa rather than offering a retail forex sign up page.

Key Facts

Max Leverage

Not applicable, no leveraged forex or CFD product offered

Spreads From

Not applicable, not a leveraged forex or CFD broker

Regulation & Safety
SEC (Nigeria) — RC 626551 (Broker Dealer)
Frequently Asked Questions

NGX EquitiesFixed IncomeAlternative InvestmentsPrivate Equity
Quick Facts
Headquarters
Lagos, Nigeria

Regulators

SEC (Nigeria)NGX
Regulation
  • SEC (Nigeria)
  • NGX
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