Terms for using NairaDesk
What this site is, how it is paid for, and what it does not promise.
Updated Sep 2026 · how we rate brokers
Accuracy, and its limits
Registers change daily, brokers change their terms, and a page is a snapshot of the day it was written. We date what we publish and say where it came from so you can check it at the source, which is the only version that is current.
We do not warrant that the site is complete, error-free or uninterrupted. Where a figure matters to a decision about money, check it against the SEC Nigeria register or the broker's own documents before you act on it.
| What | How it ages | What to do |
|---|---|---|
| The SEC Nigeria register extract | Changes whenever the regulator updates it | Re-read it at sec.gov.ng before you deposit |
| A broker's terms and fees | Change without notice | The broker's own documents are the current version |
| Session hours | Shift by an hour when London and New York change clocks | The page says which period it shows |
| USD/NGN | Moves every trading day | Indicative only; your broker converts at its own rate |
The site is a snapshot dated on the page. Where a figure decides something about money, check it at the source.
Trading risk
Leveraged forex and CFD trading can lose you more than a small share of your deposit, quickly. Most retail accounts lose money. A licence means a firm is supervised; it does not mean your money is safe from trading losses, and no page on this site should be read as suggesting otherwise.
Other people's sites
We link to regulators, exchanges, central banks and brokers. We do not control those sites, we are not responsible for what they publish, and a link is not an endorsement - least of all when we link to a warning about a firm.
Using what is here
Read it, print it, quote it with a link back. Do not republish whole pages as your own, and do not scrape the site to rebuild it elsewhere. The register extracts come from public records and belong to nobody; the writing around them is ours.
Questions about reuse, and anything else about these terms: contact@nairadeskfx.com.
Where the line runs
- General information about how licensing and trading work
- That is what this site publishes
- A recommendation of a broker, a pair or a position size
- Not here, and not by mail
- Anything adjusted to your income, debts or tolerance for loss
- We do not know them and never ask
- Advice as the SEC Nigeria defines it
- A regulated activity; we are not licensed for it
If you want advice, take it from someone the SEC Nigeria authorises to give it.
This is information, not advice
Everything on NairaDesk is general information about how forex trading and broker licensing work in Nigeria. It is not financial advice, not a recommendation and not an offer. We do not know your income, your obligations or your tolerance for loss, and nothing here is adjusted to them.
Giving investment advice in Nigeria is a regulated activity. We are not licensed for it and do not carry it on. If you want advice, take it from someone the SEC Nigeria authorises to give it.
| Step | What happens | When |
|---|---|---|
| 1 · You write | The page address and what the correct value is | Any time |
| 2 · We check it | Against the public source you name, not against our own page | Same week |
| 3 · The page changes | The figure is replaced and the page says it was corrected | With the date on it |
A number is never quietly edited to leave the page looking as though it always said that.
How this site is paid for
Some outbound links to brokers are partner links: if you open an account through one, we may be paid by the broker. You pay nothing extra, and the payment changes nothing on this site. The register extract is copied from the regulator, and no firm can pay to appear in it, to be removed from it or to have its status described differently.
Every partner link is marked as sponsored in the markup and sits behind a label that says where it goes. We do not sell editorial placement, and we do not rank brokers.
| What it is | How it is marked | Who pays |
|---|---|---|
| A partner link to a broker | Marked sponsored, behind a label saying where it goes | The broker may pay us if you open an account |
| The register extract | Copied from the regulator | Nobody can pay to be in it, out of it, or described differently |
| Everything else on the page | Not for sale | No editorial placement, no paid ranking |
You pay nothing extra for using a partner link, and the payment changes nothing on the page.