thePropTrade Launches NGN Accounts: Trade Your Prop Account in Naira
5 min read
- October 25, 2026
Nigerian traders can now open a thePropTrade account with the Nigerian naira (NGN) as its base currency. Your balance, your profit and loss, and your rewards are all counted in naira, from a ₦600,000 account up to ₦5,000,000. For traders looking for a naira prop firm backed by an international team, this is the simplest way yet to get started with thePropTrade.
NGN accounts are available on two of our most popular programs: Instant Funding and the 2-Step Challenge. You pay by Nigerian bank transfer, your MT5 login arrives instantly, and you can receive rewards in naira straight to your Nigerian bank account.
What is an NGN base-currency account?
The base currency is the currency your trading account is denominated in. Until now, every thePropTrade account was held in US dollars, which meant Nigerian traders had to think in dollars and convert every result back to naira.
With an NGN account, everything runs in naira:
- Your starting balance is in naira, for example ₦1,000,000.
- Your profit target and drawdown limits are calculated in naira.
- Your rewards are calculated in naira and can be paid to your Nigerian bank account.
All thePropTrade accounts are simulated trading accounts. You trade in a simulated environment on real market prices and earn rewards based on your performance under our rules.
Why choose a naira prop firm account with thePropTrade?
- Think in naira. Targets, drawdown and rewards are all in the currency you live in.
- Low entry price. Start from $12 (≈ ₦16,000) for a ₦600,000 account. Discounts available!
- Local payments both ways. Pay and get paid through Nigerian banks.
- An international prop firm. thePropTrade has served traders worldwide since 2024, with registered companies in the UAE and Saint Lucia.
- Support where you are. Reach us on Discord or Live Chat 24/7.
Instant Funding: start on a funded account in naira
Instant Funding skips the evaluation. You get a funded NGN account straight away and can earn rewards from your first trade, as long as you stay within the account’s risk rules.
Learn more about the Instant Funding Rules in our FAQ section here.
2-Step Challenge: the lowest-cost way to get funded in naira
The 2-Step Challenge is the most affordable path to a funded naira account. Pass two evaluation phases, then trade funded and earn rewards.
Learn more about the Classic 2 Step accounts in our FAQ section here.
Pay by Nigerian bank transfer, get MT5 instantly
We built NGN accounts around how Nigerian traders already pay and get paid:
- Pay from any Nigerian bank. Checkout supports local bank transfer, confirmed instantly.
- Instant MT5 login. Your account is created automatically and your MT5 login is emailed to you as soon as your payment clears.
- Trade on our dedicated MT5 platform. Use MT5 on desktop, web or mobile.
How to open your NGN account
- Go to the dedicated Naira page here.
- Choose Instant Funding or 2-Step Challenge.
- Pick your account size, from ₦600,000 to ₦5,000,000.
- Pay by Nigerian bank transfer and receive your MT5 login instantly.
- Trade within the rules and request your rewards in naira
How to receive your payout in naira
When you request a payout, you choose how to receive it:
- NGN by local bank transfer, straight to your Nigerian bank account.
- USD via USDT or USDC, if you prefer to hold your rewards in dollars.
Payouts in naira mean no conversion steps and no waiting for international transfers
Start trading in naira today
NGN accounts make thePropTrade simpler for Nigerian traders: local pricing, local payments and rewards in your own currency. Choose your program, select NGN and get your MT5 login in minutes.
Get your NGN account here.