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Coronation Securities Review

Forex BrokerNigeria

Coronation Securities is a Lagos stockbroker and issuing house, part of the Coronation Group. It trades Nigerian shares and bonds, not retail forex.

Min Deposit

N/A

Spreads From

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

Max Leverage

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

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

  • Registered with Nigeria's SEC as a Broker/Dealer, file number 1625
  • Also holds an Issuing House registration, not just brokerage
  • Won 2025 industry awards for its online trading platform
  • Backed by the wider Coronation Group of financial businesses

Cons

  • Not a forex or CFD broker, so no leverage or currency spread trading
  • Built for Nigerian market access, not global currency speculation
  • Public information on fees and minimum deposit is hard to find
About Coronation Securities

Coronation Securities Ltd is a Lagos based securities firm and part of the wider Coronation Group. The group also runs asset management, insurance, trustee, and registrar businesses across Nigeria.

The firm is registered with Nigeria's SEC as both a Broker/Dealer and an Issuing House, file number 1625. It offers brokerage accounts, fixed income trading in sovereign, sub national, and corporate debt, margin lending, and investment advisory. In 2025, it won industry awards for its online trading platform and brokerage services.

Coronation Securities is not a forex or CFD broker. It has no leveraged currency trading, so figures like spreads and maximum leverage do not apply here. It suits investors who want direct access to Nigerian shares and fixed income rather than currency speculation.

Key Facts

Max Leverage

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

Spreads From

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

Regulation & Safety
SEC Nigeria (Nigeria) — File Number 1625 (Broker/Dealer, Issuing House)NGX (Nigerian Exchange) (Nigeria)
Frequently Asked Questions

NGX EquitiesFixed IncomeAsset ManagementInvestment Banking
Quick Facts
Headquarters
Lagos, Nigeria

Regulators

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