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SEC proposes N3 billion minimum capital for forex brokers, N5 billion for trading platforms

The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for online forex trading and Contracts for Difference (CFDs), setting minimum capital requireme

Kelechi MgbojiSeptember 2, 20261 min read
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The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for online forex trading and Contracts for Difference (CFDs), setting minimum capital requirements of up to N5 billion for operators seeking to participate in Nigeria’s retail forex market.

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