Company Information

Get to know Fxjo Aboki Fx

Founded in 2014, AbokiFX operates as a research and information service company. Its primary function is to collate and publish daily foreign exchange rates for the Nigerian Naira against major currencies like the US Dollar, British Pound, and Euro, specifically focusing on the parallel or "black market." The platform serves as a benchmark for individuals and businesses to gauge the informal currency market rates, which often differ significantly from the official Central Bank of Nigeria (CBN) rates. In addition to rate publication, the website also features financial news and market analysis.

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Fxjo Aboki Fx

Nigeria

Founded in

2008 (18 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.