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Is binary options legal in Nigeria?

QuestionsCategory: BusinessIs binary options legal in Nigeria?
Tunde asked 5 days ago

What is the legal standing of binary options in African countries like Ghana, Nigeria and South Africa?

1 Answers
Wellborn Staff answered 5 days ago

If Binary option is legal is the least of the thing you should worry about, If gambling can be legal, trading commodities, of course, is Legal. Binary options trading is Legal not only in Nigeria but in other countries like Ghana, Kenya, and South Africa.

If you are considering starting binary options trading online, you should worry more about the right brokerage to partner with and the best platforms to use, there are many Binary options platform out there, but you need to consider easiness, risk reduction rate withdrawal and deposit methods, Legitness of the broker and other factors.

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