NIGERIA_NGX (Nigeria NGX All-Share) CFD Contract Details

Q: What is a NIGERIA_NGX CFD?

NIGERIA_NGX (Nigeria NGX All-Share) is a contract for difference, or CFD, on CoinUnited.io. You trade the price moves of Nigeria NGX All-Share with leverage but never own the asset itself, and everything is funded and settled in crypto.

Q: How much leverage can I use on NIGERIA_NGX?

Up to 500x. As with every CFD here, bigger positions get a lower cap. The Margin Curve table above shows the limit for each tier.

Q: Do I need to own Nigeria NGX All-Share to trade NIGERIA_NGX?

No. A CFD just follows the price, so you can go long or short on Nigeria NGX All-Share with leverage without ever holding the actual stock, index or commodity.

Q: When can I trade NIGERIA_NGX?

NIGERIA_NGX trades during its underlying market's hours, which you'll find in the Trading Hours table above. That includes weekend and holiday closures, so unlike crypto perpetuals, CFDs don't trade 24/7.

Q: What are the trading fees for NIGERIA_NGX?

Fees depend on your 30-day trading volume. They start at the standard rate and fall as you climb the VIP tiers, down to 0% at the top. See the Fee Rates table above for the exact rates.

Q: Can I trade NIGERIA_NGX without a brokerage or bank account?

Yes. You deposit, post margin and withdraw in crypto, so there's no brokerage account or bank account to open.

Q: What is the minimum to trade NIGERIA_NGX?

You'll find the minimum order size in the contract overview above, and you fund the position in crypto.

Q: How do I start trading NIGERIA_NGX?

Open a CoinUnited.io account, deposit some crypto, then hit Trade Now above to open a NIGERIA_NGX position with up to 500x leverage.

Q: Is trading NIGERIA_NGX risky?

Yes. Leverage of up to 500x magnifies both your gains and your losses, and a position can be liquidated if the market turns against you. Only trade with money you can afford to lose.

Contract specification

Contract overview

Every parameter that sets how NIGERIA_NGX is priced, margined and settled. The headline specs sit above; the full technical detail is grouped below.

Instrument

ContractNIGERIA_NGX

UnderlyingNigeria NGX All-Share

SectorIndices

Product Quote DenominationNGN

P&L DenominationUSDT

Chart ModeBy last price

Sizing & margin

Contract Size1

Margin DenominationUSDT

Tick Size1

Minimum Trade Amount1

FillingFill or Kill

GTC ModeGood till cancelled

Leverage & risk

Max Leverage500x

Funding Rate-0.0074%

Funding Interval1 Hour

Maximum Market Order Amount1,000,000

Maximum Limit Order Amount1,000,000

Liquidation Clearance Fee0.0025 / 0.004 / 0.005

Interactive

Understand your leverage

Move the sliders to see how a price move becomes profit or loss at your chosen leverage. This is a model built from the live price and your inputs, not a prediction.

Cost

Fee Rates · Indices

Trading fees fall as your 30-day volume or balance rises, all the way to zero at the top VIP tier. Every tier applies the same to NIGERIA_NGX.

Level	30d Trade Volume (USDT)		USDT Eq. Balance	Trading Fee
Regular	< 5,000,000	Or	≥ 0	Indices0.01%
VIP 1	≥ 5,000,000	Or	≥ 50,000	Indices0.009%
VIP 2	≥ 20,000,000	Or	≥ 200,000	Indices0.008%
VIP 3	≥ 60,000,000	Or	≥ 500,000	Indices0.007%
VIP 4	≥ 200,000,000	Or	≥ 2,000,000	Indices0.006%
VIP 5	≥ 500,000,000	Or	≥ 5,000,000	Indices0.005%
VIP 6	≥ 2,000,000,000	Or	≥ 20,000,000	Indices0.004%
VIP 7	≥ 5,000,000,000	Or	≥ 50,000,000	Indices0.003%
VIP 8	≥ 10,000,000,000	Or	≥ 100,000,000	Indices0.001%
VIP 9	≥ 20,000,000,000	Or	≥ 200,000,000	Indices0%

Level Regular

30d Trade Volume (USDT)< 5,000,000

USDT Eq. BalanceOr ≥ 0

Trading Fee

Indices0.01%

Level VIP 1

30d Trade Volume (USDT)≥ 5,000,000

USDT Eq. BalanceOr ≥ 50,000

Trading Fee

Indices0.009%

Level VIP 2

30d Trade Volume (USDT)≥ 20,000,000

USDT Eq. BalanceOr ≥ 200,000

Trading Fee

Indices0.008%

Level VIP 3

30d Trade Volume (USDT)≥ 60,000,000

USDT Eq. BalanceOr ≥ 500,000

Trading Fee

Indices0.007%

Level VIP 4

30d Trade Volume (USDT)≥ 200,000,000

USDT Eq. BalanceOr ≥ 2,000,000

Trading Fee

Indices0.006%

Level VIP 5

30d Trade Volume (USDT)≥ 500,000,000

USDT Eq. BalanceOr ≥ 5,000,000

Trading Fee

Indices0.005%

Level VIP 6

30d Trade Volume (USDT)≥ 2,000,000,000

USDT Eq. BalanceOr ≥ 20,000,000

Trading Fee

Indices0.004%

Level VIP 7

30d Trade Volume (USDT)≥ 5,000,000,000

USDT Eq. BalanceOr ≥ 50,000,000

Trading Fee

Indices0.003%

Level VIP 8

30d Trade Volume (USDT)≥ 10,000,000,000

USDT Eq. BalanceOr ≥ 100,000,000

Trading Fee

Indices0.001%

Level VIP 9

30d Trade Volume (USDT)≥ 20,000,000,000

USDT Eq. BalanceOr ≥ 200,000,000

Trading Fee

Indices0%

Risk tiers

NIGERIA_NGX Margin Curve

Maximum leverage steps down as your position grows. Larger positions need a higher margin rate, which keeps liquidations orderly and protects the order book.

Tier	Position Bracket(Notional Value in USD)	Max Leverage(Intraday / Overnight / Weekend & Holiday)	Maintenance Margin Rate(Intraday / Overnight / Weekend & Holiday)
1	0 - 5,000,000	500x / 100x / 100x	0.1% / 0.5% / 0.5%
2	5,000,000 - 10,000,000	375x / 75x / 75x	0.133% / 0.667% / 0.667%
3	10,000,000 - 20,000,000	313x / 63x / 63x	0.16% / 0.794% / 0.794%
4	20,000,000 - 50,000,000	250x / 50x / 50x	0.2% / 1% / 1%
5	50,000,000 - 200,000,000	188x / 38x / 38x	0.266% / 1.316% / 1.316%
6	200,000,000 - 1,000,000,000	125x / 25x / 25x	0.4% / 2% / 2%
7	1,000,000,000 - 10,000,000,000	50x / 10x / 10x	1% / 5% / 5%

Tier 1

Position Bracket(Notional Value in USD)0 - 5,000,000

Max Leverage(Intraday / Overnight / Weekend & Holiday)500x / 100x / 100x

Maintenance Margin Rate(Intraday / Overnight / Weekend & Holiday)0.1% / 0.5% / 0.5%

Tier 2

Position Bracket(Notional Value in USD)5,000,000 - 10,000,000

Max Leverage(Intraday / Overnight / Weekend & Holiday)375x / 75x / 75x

Maintenance Margin Rate(Intraday / Overnight / Weekend & Holiday)0.133% / 0.667% / 0.667%

Tier 3

Position Bracket(Notional Value in USD)10,000,000 - 20,000,000

Max Leverage(Intraday / Overnight / Weekend & Holiday)313x / 63x / 63x

Maintenance Margin Rate(Intraday / Overnight / Weekend & Holiday)0.16% / 0.794% / 0.794%

Tier 4

Position Bracket(Notional Value in USD)20,000,000 - 50,000,000

Max Leverage(Intraday / Overnight / Weekend & Holiday)250x / 50x / 50x

Maintenance Margin Rate(Intraday / Overnight / Weekend & Holiday)0.2% / 1% / 1%

Tier 5

Position Bracket(Notional Value in USD)50,000,000 - 200,000,000

Max Leverage(Intraday / Overnight / Weekend & Holiday)188x / 38x / 38x

Maintenance Margin Rate(Intraday / Overnight / Weekend & Holiday)0.266% / 1.316% / 1.316%

Tier 6

Position Bracket(Notional Value in USD)200,000,000 - 1,000,000,000

Max Leverage(Intraday / Overnight / Weekend & Holiday)125x / 25x / 25x

Maintenance Margin Rate(Intraday / Overnight / Weekend & Holiday)0.4% / 2% / 2%

Tier 7

Position Bracket(Notional Value in USD)1,000,000,000 - 10,000,000,000

Max Leverage(Intraday / Overnight / Weekend & Holiday)50x / 10x / 10x

Maintenance Margin Rate(Intraday / Overnight / Weekend & Holiday)1% / 5% / 5%

Availability

Trading Hours (UTC)

NIGERIA_NGX follows its underlying market's hours, shown below in your own local time.

Monday – Friday	09:01 – 13:19
Saturday & Sunday	Closed

Learn

Frequently asked questions

Clear, specific answers about trading NIGERIA_NGX on CoinUnited.io.

What is a NIGERIA_NGX CFD?

NIGERIA_NGX (Nigeria NGX All-Share) is a contract for difference, or CFD, on CoinUnited.io. You trade the price moves of Nigeria NGX All-Share with leverage but never own the asset itself, and everything is funded and settled in crypto.

How much leverage can I use on NIGERIA_NGX?

Up to 500x. As with every CFD here, bigger positions get a lower cap. The Margin Curve table above shows the limit for each tier.

Do I need to own Nigeria NGX All-Share to trade NIGERIA_NGX?

No. A CFD just follows the price, so you can go long or short on Nigeria NGX All-Share with leverage without ever holding the actual stock, index or commodity.

When can I trade NIGERIA_NGX?

NIGERIA_NGX trades during its underlying market's hours, which you'll find in the Trading Hours table above. That includes weekend and holiday closures, so unlike crypto perpetuals, CFDs don't trade 24/7.

What are the trading fees for NIGERIA_NGX?

Fees depend on your 30-day trading volume. They start at the standard rate and fall as you climb the VIP tiers, down to 0% at the top. See the Fee Rates table above for the exact rates.

Can I trade NIGERIA_NGX without a brokerage or bank account?

Yes. You deposit, post margin and withdraw in crypto, so there's no brokerage account or bank account to open.

What is the minimum to trade NIGERIA_NGX?

You'll find the minimum order size in the contract overview above, and you fund the position in crypto.

How do I start trading NIGERIA_NGX?

Open a CoinUnited.io account, deposit some crypto, then hit Trade Now above to open a NIGERIA_NGX position with up to 500x leverage.

Is trading NIGERIA_NGX risky?

Yes. Leverage of up to 500x magnifies both your gains and your losses, and a position can be liquidated if the market turns against you. Only trade with money you can afford to lose.

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Risk warning. Leveraged derivatives carry a high risk of rapid loss. At high leverage a small price move can wipe out your entire margin. Prices shown may be delayed. CoinUnited.io does not provide investment advice, and nothing on this page is a recommendation to trade. Trade only with funds you can afford to lose.