⛔ ALERT!!! We now have just 2 rules: Crypto, Indices, Energy etc are now accepted on all accounts.
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Address: 2, Akin Osiyemi Street, Allen Avenue, Ikeja.

  • Email: alert@nairatrader.email
  • Phone: 08021495027
FAQ

Easiest Rules

🏆 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.

Use your NairaTrader MT5 login credentials to connect and start trading instantly.

Rules & Targets

Profit Target
10%
Overall Max DD (No daily DD)
20% (19.5 ≥)
  • ⛔ 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.

Rules & Targets

Profit Target
10%
Overall Max DD (No daily DD)
20% (19.5 ≥)
  • ⛔ 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 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.
👉 “Make 10%, do KYC, then you’re free to withdraw or keep trading unlimited.”

KYC ensures secure payouts and confirms your trader identity under NairaTrader’s compliance policy.

💰 Payout Policy

We process all trader payouts within 24 hours,
paid directly to your bank account.

Payout TypeValueNote
Minimum Payout10%You can request a payout after 10% profit.
Maximum Payout100%Profits above 100% will be removed.
Profit Split70%Traders keep 70% of their profit; NairaTrader takes 30%.
⚡ Fast. Simple. Secure. — Get paid within 24 hours after approval.

NairaTrader payouts are processed swiftly to your registered bank account once approved.

📈 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.

⏳ Account Inactivity Policy

Our broker automatically deletes inactive accounts
after 7 days of no trading activity.

To keep your account active, you must do one of the following:

  • ✅ Place at least one pending order — even at an unrealistic level.
  • 💹 Or trade normally — your regular trading activity keeps your account active automatically.
⏰ Stay active! — Place at least one trade or pending order every 7 days.

NairaTrader accounts with no trading or pending orders for 7 days are automatically removed by the broker.

💡 Example: ₦200,000 Account

At NairaTrader, your maximum loss limit follows your profits.
This model is known as an Balance-Based Trailing Drawdown.

You start with a ₦200,000 funded account.

  • Maximum trailing drawdown: 20% of ₦200,000 = ₦40,000
  • As your balance grows, the drawdown limit automatically moves up — protecting your profits.
EventAccount BalanceNew Trailing LimitExplanation
Start₦200,000₦160,000Initial limit (20% below start balance)
Profit to ₦250,000₦250,000₦210,000Limit trails new high (₦250k − 20%)
Profit to ₦300,000₦300,000₦260,000Limit moves up again
Equity drops to ₦260,000₦260,000BreachAccount hits trailing limit and is closed

✅ Key takeaway: You can never lose more than
20% of your starting balance at any point.

✅ 19.5% DD is approximately 20% so its considered as a breach.

📈 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.