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Can I Withdraw from Exness to My Nigerian Bank Account? Here’s What You Should Know

Forex trading

Introduction.

Trading online with platforms like Exness has become a huge part of how people in Nigeria are building side income and even full-time careers.

If you’ve already started trading or you’re thinking about it, you’ve probably asked yourself: “Can I withdraw from Exness to my Nigerian bank account?” That’s a fair and important question.

Because at the end of the day, it’s not just about making profits—it’s about being able to access your money easily and safely.

Let me walk you through how it all works. I’ve used Exness myself, and I’ve helped a good number of traders in Nigeria get the hang of withdrawals.

This guide will give you the full picture—how it works, what’s required, the challenges you might face, and how to fix them.

I’ll also touch on things like fees, timelines, and security. If you’ve been feeling unsure, you’ll leave here with real answers.

What is Exness?

Exness is a global forex and CFD trading platform. It’s been around since 2008 and is regulated by top financial authorities like the FCA (UK) and CySEC (Cyprus). That means they’re legit and licensed.

In Nigeria, Exness is one of the more popular brokers because of its low minimum deposits, fast withdrawals, and flexible trading conditions.

But what really makes people stick with them is how easy it is to move money in and out—especially if you’re using local payment options.

Can You Withdraw from Exness to Your Nigerian Bank Account?

Yes, you can. Exness allows direct withdrawals to Nigerian bank accounts using the local payment method known as Internet Banking in Nigeria. This feature is available 24/7 and usually works within a few hours.

So if you have a bank account with GTBank, First Bank, Access Bank, Zenith, UBA, or others—you’re good to go.

How Do I Withdraw from Exness to My Nigerian Bank Account?

Here’s how to do it step-by-step:

  1. Log in to your Exness account
    Go to Exness.com and sign in.

  2. Go to “Withdrawal” section
    On your dashboard, you’ll see “Withdrawal” in the menu. Click on it.

  3. Choose Internet Banking in Nigeria
    This is the option that lets you withdraw directly to your local bank.

  4. Enter the amount you want to withdraw
    Make sure you have enough balance in your trading account.

  5. Fill in your bank details
    You’ll need to enter your bank name, account number, and account holder’s name.

  6. Confirm the transaction
    Exness will process the withdrawal, and you’ll get a notification when it’s done.

How Long Does It Take?

From my experience and that of others in Nigeria, withdrawals to local banks take about 15 minutes to 6 hours. On rare occasions, it can take up to 24 hours, especially if there’s a delay with your bank.

Still, compared to other brokers, Exness is very fast. Some people even get their money in under 10 minutes.

Are There Any Fees?

Nope. Exness doesn’t charge any fees for local withdrawals in Nigeria. That said, it’s always smart to check with your bank just in case they have any small processing fees—but most don’t.

What’s the Minimum Withdrawal Amount?

The minimum you can withdraw to your Nigerian bank account using local payment is usually around ₦3,600. That’s roughly $3 depending on exchange rates. This makes it great for small-scale traders or anyone testing things out.

What About Security?

Exness uses 2-factor authentication, encrypted transactions, and secure logins. I’d still recommend setting up SMS or email alerts on both your Exness account and your bank account. That way, you’ll get instant updates when any withdrawal happens.

Also, make sure your withdrawal name matches the name on your Exness account and your bank account. If they don’t match, your withdrawal might get rejected.

Common Withdrawal Problems and How to Fix Them

Let’s talk about the few things that might go wrong and what to do:

  • Withdrawal rejected – Double-check your bank details. Also, make sure you’re not withdrawing more than what’s available in your trading account.
  • Payment method not showing – This usually happens if you haven’t deposited using the same method. Exness prefers you withdraw using the same method you used for deposit. So if you deposited with internet banking, you’ll be able to withdraw the same way.
  • Delay beyond 24 hours – Reach out to Exness support via live chat. They’re fast and helpful. You can also contact your bank to check if there’s a delay on their end.

FAQs

Can I use a different person’s bank account?

No. The name on the bank account must match the name on your Exness account.

Can I withdraw in dollars or just naira?

You can only withdraw in naira if you’re using the local bank option. Exness automatically converts your trading balance to naira at the current exchange rate.

Can I withdraw from Exness during weekends?

Yes, you can place a withdrawal request anytime—even on weekends. However, the speed of the transaction might depend on your bank.

Is there a maximum amount I can withdraw?

Yes, but it depends on your bank’s limits and how much you have in your account. For most local withdrawals, the daily max can go up to ₦10,000,000 or more.

What if my withdrawal fails?

If it fails, the money will be returned to your Exness account. You can try again or use a different method.

Final Tips

  • Stick with the same method for deposits and withdrawals to avoid issues.
  • Use a verified Exness account—submit your ID and proof of address early.
  • Avoid using VPNs when logging into your account—it may trigger security flags.

Wrapping Up

Exness makes it really easy for Nigerian traders to get their money out without stress. As long as you use the right payment method, your name matches across accounts, and your details are correct, you should have zero issues withdrawing to your Nigerian bank account.

Trading is already stressful enough—you don’t need your money stuck somewhere. With Exness, I’ve personally found the withdrawal process smooth, quick, and reliable. I also like that they offer 24/7 support in case anything ever goes wrong.

So, back to the original question…

Can you withdraw from Exness to your Nigerian bank account?

Yes, you absolutely can. And it’s one of the best features Exness offers for Nigerian traders.

Have you tried withdrawing from Exness to your Nigerian bank account before? What was your experience like?

What do you think?

Written by Udemezue John

I specialize in SaaS marketing, SEO, and B2B strategies.

I share growth and marketing insights that help SaaS companies and agency owners accelerate their success.

I also provide valuable information that empowers entrepreneurs to navigate the digital world and achieve financial success.

Schedule a call now.

https://calendly.com/udemezue/30min

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