A forex specialist and fund manager, Mr Stano Emmanuel has advised youths in the country to key into forex training as panacea for cybercrimes. According to him, if those youths called Yahoo boys could be trained in forex trading, it would pay them well as they had good knowledge of the internet. The CEO called on both state and federal governments to introduce forex training as a subject in schools.
Speaking on the effect of the pandemic on forex trading, he said coronavirus and global lockdown did not affect trading that much. All this information in one place is just not available anywhere else. Thanks for the opportunity. I went straight to your lessons on technical analysis. I really know all the basic stuff and needed more advanced strategies and techniques. With your course, I can choose any lesson I need and I can move around all over the place. Becoming a successful trader is all about finding an edge that works for you and the market, and applying it with patience and discipline.
Forex trading is all about making money in the markets, and our courses will show you how to do just that. With a combination of videos and quizzes, our interactive educational platform will keep you on your toes to make sure that you really know your stuff. Forex brokers offer a range of leverage options, but not all traders know how to use leverage safely.
Learn how to use the right leverage and to protect yourself in the process. FXA is proud to have lessons written by Cliff Wachtel, an experienced professional trader and author of the award-winning book "The Sensible Guide to Forex".
Top Places To Learn Forex Trading In Nigeria
Although the platform features a fixed spread broker, their spread can be higher for minor and exotic currency pairs. This forex broker platform was founded and established in the year of The platform supports many different account types. Their minimum deposit value can be as low as zero for the Nano Account. On top of that, the platform also supports trade in cryptocurrencies.
For example, you can trade with this platform with cryptocurrencies like Bitcoin and Ethereum. Additionally note, this platform accepts a wide variety of deposit and withdrawal options. You can easily and conveniently reach out to this team at any time whenever you need help.
Micro lot trading facilities along with other trading options are available. It is the most popular forex broker in the country and started trading in It has served above countries and gives different trading options on commodities, including Bitcoin.
- ECN Brokers in Nigeria.
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You can open a trading account with a deposit of US Dollars. IQ Option is the best for beginners thanks to its simple and easy to understand interface. The broker offers protection against negative balance and has safe bank accounts. Along with this all, a range of assets makes it a great choice for beginners in forex trade. It is favorited in Nigeria by high-volume traders, scalpers, and robots.
IC Markets offers an average spread of 0. This broker offers ECN accounts as well. ECN brokers use electronic communications networks ECNs to give clients direct access to other participants in currency markets because their platform is electronically connected to the network of international banks or liquidity providers.
What is Forex 101?
To start trading forex, you need to have an internet connection and be above 18 years old, then you need to pick a forex broker, make registration, and make document verification. Then, open a demo account and start to practice. Please read trading books and watch trading lessons on youtube.
Each of these platforms has its own sets of benefits and advantages. Based on your preference and requirement, you can pick any of them and start trading right away!
The Best Forex Trading Course in Nigeria 2021
These platforms have one particular thing in common, i. To be a trusted forex broker platform, it has to be regulated by authoritative agencies, i.
These regulations also ensure that your invested money is safeguarded in their trading accounts. Never attempt to deposit in such a forex broker platform that is not licensed or certified. Before you start trading, please make sure to check and validate if there are any associated trading fees. Please make sure to choose such a platform that offers lower spread and funding fees.
If the spread is lower, it will be better as you will have to pay less for broking.
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The final metric of a good and reputed forex broker platform is the customer support availability. If you face any struggle and difficulty, the platform should give you an option to contact their customer support for a prompt resolution. Make sure you have the flexibility to withdraw your profits. Related posts: Paypal Forex Brokers List in Reveal six best forex brokers in Nigeria for How to find the best forex brokers in Nigeria? Author Recent Posts.
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