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Naira Trader
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Naira Trader Review: Rules, Profit Split & Payouts
Naira Trader describes itself as the first naira-based prop firm: its funded accounts are priced and sized in Nigerian naira rather than US dollars. It runs a 2-step challenge model it calls 2 step Scale Up, in two versions. Trade Everything Tradable covers all symbols, while Currencies and Metal Only restricts the symbols you can trade. Both come in account sizes of ₦1.5M, ₦3M, ₦6M and ₦9M, and trading is on MetaTrader 5 (desktop, web and mobile).
On its accounts page, the ₦1.5M account shows a ₦150k profit target, a ₦75k evaluation drawdown and a ₦75k funded drawdown, across 2 phases. The rules page adds two limits that can catch traders out: a maximum of 5 inactivity days, and a limit of 5 on 1–2 minute scalping, which the page does not explain further. On its homepage, Naira Trader lists no consistency rule and says weekend holding is allowed. The pages read say nothing on news trading, EAs, copy trading, hedging, minimum trading days or a time limit.
The accounts page lists rewards at 70%, a profit split that is the only published figure on getting paid. The ₦1.5M challenge is priced at ₦5k and paid by bank transfer. Account resets are offered, and the registration fee is listed as refundable, but neither the reset price nor the refund conditions are stated. Prices for the ₦3M, ₦6M and ₦9M accounts were not found on the pages read, and neither were the payout frequency, the minimum payout or the payout methods. The firm names Ben Oyeyemi as founder and CEO, gives an office address in Akute, Ifo, Ogun State, and takes support through tickets, Discord and Telegram.
Prop firm with accounts priced and sized in Nigerian naira
2-step challenge in two versions: all symbols, or currencies and metals only
Account sizes of ₦1.5M, ₦3M, ₦6M and ₦9M
₦1.5M challenge priced at ₦5k
Rewards listed at 70%
No consistency rule, and weekend holding allowed
Maximum of 5 inactivity days
Trades on MetaTrader 5
Is Naira Trader legit?
Prop Firm Pal has not verified Naira Trader, so this is not an endorsement: it is what the record shows. Its own pages give its location as Akute, Ifo, Ogun State. Its website has been active in Prop Firm Pal's monthly traffic record since June 2026, and traffic over the last three months is growing fast.
Record
What we hold
Headquarters
What we hold
Akute, Ifo, Ogun State
In our traffic record
What we hold
Since June 2026 (4 months)
Traffic, last three months
What we hold
Growing fast (+243% to September 2026)
In Naira Trader's words
Headquarters: “42, Magnus Martins Street, Akute, Ifo Ogun State” nairatrader.ng/…/contact
Naira Trader trading platforms
Instruments & payment methods
Payment methods
Naira Trader challenges & plans
Plan
Type
Account size
Price
Profit split
2 step Scale Up
Type
2-step
Account size
1,500,000 NGN
Price
5,000 NGN
Profit split
70%
Naira Trader trading rules
Rule
Stance
Condition
High-frequency and latency arbitrage
Stance
Conditional
Condition
The rules page lists a limit of 5 for 1–2 minute scalping; the page does not explain the limit further
Consistency rule
Stance
None
Condition
No consistency rule
Weekend holding
Stance
Permitted
Condition
—
Prohibited instruments
Stance
Conditional
Condition
The Currencies and Metal Only challenge has restricted symbols; Trade Everything Tradable covers all symbols
The rules page lists a limit of 5 on 1–2 minute scalping, without explaining how the limit is counted.
The homepage says there is no consistency rule.
The homepage says weekend holding is allowed.
The Currencies and Metal Only challenge restricts the symbols you can trade, while the Trade Everything Tradable challenge covers all symbols.
Naira Trader payout rules
Payout
Detail
Profit split
Detail
Up to 70%
Naira Trader account policies
Policy
Detail
Refund policy
Detail
The registration fee is listed as refundable; the conditions are not stated
Resets
Detail
Account reset is offered; the price and conditions are not stated
Inactivity
Detail
A maximum of 5 inactivity days
Naira Trader web traffic, month by month
Prop Firm Pal has tracked Naira Trader's website traffic every month since June 2026. In September 2026 the site received an estimated 392.20K visits, up 93% on the month before and up 243% over three months.
Growth of this size usually means active marketing rather than anything about payout reliability. A firm can grow quickly and still have strict rules.
These are third-party estimates of website visits, collected once a month and stored against the month they describe. They are not trader counts, funded-account numbers or revenue.
Month
Estimated visits
Change
June 2026
Estimated visits
114.50K
Change
—
July 2026
Estimated visits
250.09K
Change
+118%
August 2026
Estimated visits
203.18K
Change
-19%
September 2026
Estimated visits
392.20K
Change
+93%
How Naira Trader compares in size
Measured on estimated monthly website visits for September 2026, Naira Trader ranks 39 of the 467 prop firms Prop Firm Pal tracks — larger than 92% of them, at roughly 392.20K visits a month.
The ranking covers every firm measured between July 2026 and September 2026, each on its own latest reading in that window. Firms last measured before July 2026 are left out rather than shown with a stale figure, so the total moves month to month.
Size is not quality. A large firm is one that markets successfully, and several of the most visited firms in this ranking have the strictest rules; some of the smallest pay out reliably to everyone who asks. What the ranking is useful for is scale — whether you are looking at an established operation or something very new.
Similar-sized firm
Monthly visits
Monthly visits
452.70K
Monthly visits
431.21K
Monthly visits
371.37K
Monthly visits
366.40K
FAQs
What is Naira Trader's profit split?
Naira Trader's accounts page lists rewards at 70%. The pages read give no payout frequency, minimum payout or payout method.
How much does a Naira Trader challenge cost?
The ₦1.5M Naira Trader challenge costs ₦5k, paid by bank transfer. Prices for the ₦3M, ₦6M and ₦9M accounts were not found on the pages read.
What account sizes does Naira Trader offer?
Naira Trader offers accounts of ₦1.5M, ₦3M, ₦6M and ₦9M, all in naira. Each size comes in two challenge versions: Trade Everything Tradable (all symbols) or Currencies and Metal Only (restricted symbols).
What are the Naira Trader challenge rules?
The Naira Trader challenge has 2 phases, and the ₦1.5M account shows a ₦150k profit target with a ₦75k evaluation drawdown and a ₦75k funded drawdown. Its rules page also sets a maximum of 5 inactivity days and a limit of 5 on 1–2 minute scalping.
Does Naira Trader have a consistency rule?
No. Naira Trader's homepage says there is no consistency rule and that weekend holding is allowed.
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