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FSDH Securities logo

FSDH Securities Review

Forex BrokerNigeria

FSDH Securities traces back to 1995. In 2019 it merged into FSDH Capital, now part of FSDH Holding Company, Nigeria's SEC and NGX licensed group.

Min Deposit

N/A

Spreads From

Not applicable, this is a stockbroking and investment banking firm, not a forex broker

Max Leverage

Not applicable

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

  • Traces back to 1995, one of Nigeria's longer running stockbroking firms
  • Licensed by Nigeria's SEC as a broker dealer, issuing house, and portfolio manager
  • A dealing member of the Nigerian Exchange for close to three decades
  • Now part of FSDH Capital, backed by the wider FSDH Holding Company group

Cons

  • Not a forex or CFD broker, it focuses on NGX equities and fixed income
  • The original FSDH Securities brand was folded into FSDH Capital in 2019
  • No published spread, leverage, or standard minimum deposit figures
  • Some directories, including bestforex.io itself, still use the old name
About FSDH Securities

FSDH Securities Limited started life as Counters Trust Securities Limited, incorporated in July 1995 as a Nigerian equity trading firm. It later became a wholly owned subsidiary of FSDH Merchant Bank and built a long record as a dealing member of the Nigerian Exchange.

In 2019, FSDH Merchant Bank's investment banking department merged with FSDH Securities to form FSDH Capital Limited. That entity now sits under FSDH Holding Company Limited, alongside FSDH Merchant Bank and FSDH Asset Management, offering stockbroking, fixed income dealing, and investment banking.

Nigeria's SEC licenses the current entity as a Broker Dealer, Issuing House, and Portfolio Manager, and the NGX lists it as a dealing member. This is not a forex or CFD broker, so ideas like spreads or leverage do not apply. Some directories still use the older FSDH Securities name.

Key Facts

Max Leverage

Not applicable

Spreads From

Not applicable, this is a stockbroking and investment banking firm, not a forex broker

Regulation & Safety
SEC (Securities and Exchange Commission, Nigeria), Broker Dealer, Issuing House, Portfolio Manager (Nigeria)Nigerian Exchange (NGX), Dealing Member (Nigeria)
Frequently Asked Questions

Fixed IncomeNGX EquitiesTreasury BillsBonds
Score Breakdown1.2/5
Trust & Safety
0.0/5

Regulation, fund safety, track record

Trading Conditions
0.0/5

Spreads, execution, leverage

Platforms & Tools
0.0/5

Platform quality, charting, features

Research & Education
0.0/5

Analysis, webinars, learning materials

Customer Service
0.0/5

Support quality, responsiveness

Mobile Trading
0.0/5

Mobile app quality, features

Quick Facts
Headquarters
Lagos, Nigeria

Regulators

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