The only Prop Firm with just 2 simple rules.
We’ve removed 98% of all traditional prop firm rules
to make trading at NairaTrader as simple and fair as possible.
Aside from our 2 essential rules,
every other trading approach is fully allowed —
giving you the freedom to trade your way, making us
the best prop firm.
Trade Freely. Earn Freely. — Only with NairaTrader.
Download MT5
⚙️ Download MT5 Platform
Choose your device below to download and install the official MetaTrader 5 (MT5) trading platform.
MT5 for Android
Tap below to install on your Android device.
MT5 for iOS
Download and trade from your iPhone or iPad.
MT5 for PC
Install MetaTrader 5 on your Windows computer.
Use your NairaTrader MT5 login credentials to connect and start trading instantly.
Phase 2
Rules & Targets
10%
20%
- ⛔ No 1 – 4 minute scalping.
- 📆 Trade at least once every 7 days to keep your account active.
All traders are expected to follow these rules strictly to move to phase 2 stage.
Funded
Rules & Targets
10%
20%
- ⛔ No 1 – 4 minute scalping.
- 📆 Trade at least once every 7 days to keep your account active.
All traders are expected to follow these rules strictly to move to phase 2 stage.
KYC
🪪 KYC Verification & Withdrawal Rule
Once a trader achieves a 10% profit on their funded account,
they must complete KYC verification before making any withdrawal.
Here’s the breakdown:
- ✅ When you hit 10% profit, you can request KYC verification.
- 🪪 After passing KYC, you are free to withdraw anytime.
- 💰 You may continue trading after KYC to grow your profits further.
- ⚠️ If you exceed 10% profit without doing KYC,
any profit beyond that point will be removed — you’ll only keep the first 10% until you verify.
KYC ensures secure payouts and confirms your trader identity under NairaTrader’s compliance policy.
Payout
Payout Policy
We process all trader payouts within 24 hours,
paid directly to your bank account.
| Limits | Value | Note |
|---|---|---|
| Minimum Payout | 10% | You can request a payout after 10% profit. |
| Maximum Payout | 50/100% | 50% for 1.5m & 3m accounts and 100% for other accounts. Profits above the 50% and 100% will be removed. |
| Profit Split | 70% | Traders keep 70% of their profit; NairaTrader takes 30%. |
Scalping
📈 Scalping Policy
No 1 – 4 minutes scalping. Scalping up to 3 minutes 59 seconds is still counted violation, so we recommend holding your trade for at least 4 minutes.
This rule was introduced to prevent our system from copying delayed trades and to discourage high-frequency trading (HFT) practices.
Inactivity Policy
Account Inactivity Policy
Our broker automatically deletes inactive accounts
after 5 days of no trading activity.
To keep your account active:
Stay active! — Place at least one trade trade every 5 days.NairaTrader accounts with no trading for 5 days are automatically removed by the broker. If you have no setup, just open a trade with the smallest lost size.
Drawdown Details
Example: ₦200,000 Account
At NairaTrader, your maximum loss 20% of your account size which remains static at every new balance peak of your account
You start with a ₦200,000 funded account.
- Maximum drawdown: 20% of ₦200,000 = ₦40,000
| Event | Account Balance | New DD Limit | Explanation |
|---|---|---|---|
| Start | ₦200,000 | ₦160,000 | ₦200k (Starting balance) – 40k DD |
| Profit to ₦250,000 | ₦250,000 | ₦210,000 | ₦250k (New balance) – 40k DD |
| Profit to ₦300,000 | ₦300,000 | ₦260,000 | ₦300k (Newest balance) – 40k DD |
| Equity drops to ₦260,000 | ₦260,000 | Breach | Account hits DD limit and is closed |
Quick Cash Out: If your account is in overall profit, you may close your trades even at 19.9% DD and request a cash-out before reaching the 20% maximum drawdown limit.
Key Takeaway: You should never lose more than 20% of your original account size at any point regardless of your account profit.
Refund Policy
📈 Refund Policy
All sales on NairaTrader are final. Because our products and trading accounts provide instant digital access and value, we do not offer refunds once an order has been delivered, activated, or used.
If an account is delivered with incorrect MT5 login details, we will promptly correct it at no extra cost.