Stabilized nickel nanoparticles (SNNPs) were prepared using Ni(acac) 2 (acac = acetylacetonate) via a simple solvothermal method. The synthesis of the nickel nanoparticles was performed in the presence of sodium dodecyl sulphate (SDS) of different concentrations (mole ratios of SDS:Ni(acac) 2 = 1:1, 2:1 and 4:1), as the stabilizer, in order to appraise their influence on the morphology, size, dispersion, magnetic properties and electrochemical activity of the nickel nanoparticles. The synthesized products have been characterized by powder X-ray diffraction, scanning electron microscopy, transmission electron microscopy, Fourier transform infrared spectra, energy-dispersive X-ray spectroscopy, vibrating sample magnetometry and electrochemical studies. It is noteworthy that the average particles size of the SNNPs has been reduced by increasing the SDS concentration, while at high concentration (mole ratio of SDS:Ni(acac) 2 = 4:1), the small particles tend to coalesce and create a big one. The stabilized Ni nanoparticles could be used as electrode materials for hydrogen evolution in alkaline medium. The electrochemical measurements demonstrated that the higher conductivity and lower value of faraday resistance of the as-prepared samples were when the mole ratio of SDS:Ni(acac) 2 was 2:1.