While there are a few local Nigerian Forex brokers currently operating, if I were a Nigerian resident Forex trader, I would strongly prefer to open an account with an international brokerage instead of a local solution. Other international Forex / CFD brokerages which service Nigerian residents include AvaTrade, Pepperstone, and IC Markets. Between 73-89% of retail investor accounts lose money when trading CFDs. AvaTrade has played a big role in the normalization of forex trading in Nigeria. According to themselves, they … 16/05/2020 1 day ago Forex Regulation in Nigeria – The Central Bank of Nigeria The Central Bank of Nigeria (CBN) is the regulatory body for all financial services and monetary policies in Nigeria. It is by far the biggest institution for forex exchange in the whole of Nigeria. Trading in Forex is allowed in Nigeria as to conduct business currency must be exchanged. Forex is an integral part of import and export and investing internationally. The important thing is that when trading Forex you pick a safe and reputable broker that is regulated.
In Nigeria, Forex trading is becoming more and more popular. It attracts purposeful and educated young people with the opportunity of earning profits via on-line activity. And if in the past times Nigeria was considered a poor state with no interest to currency trading firms, now FX brokers are gladly accepting Nigerian Forex traders.
We are professional forex traders with vast experience in trading currencies. We are not affiliated to any forex broker nor introducing brokers. We are a privately 30 Oct 2020 As you know, the foreign exchange market operates 24 hours a day, 5.5 days a week. Thus, it will be very good if you can get support from your List of Reliable Forex Brokers in Nigeria · 1. Avatrade · 2. Ceaser trade · 3. InstaForex · 4. IronFx · 5. YouTrade FX · 6. ForexTime · 7. Ecmarkets · 8. LiteForex . 21 Aug 2020 The Author argues that case that Forex Trading in Nigeria is a mature Nigeria was home to some of the best forex brokers to trade with online 27 Mar 2019 Let's find out how FX trading in Nigeria shapes the future of the career in Forex, it is important to find a licensed and well-regarded broker for
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Nigeria is a country that has seen substantial growth in Forex brokerage firms. Companies such as globex360 have made it easier for Africans to invest in the foreign exchange market. Before commencing on forex trading, it’s always important to understand how it works, besides analyzing the best brokerage firm. Pepperstone is popular amongst Nigerians for offering three excellent forex trading platforms. On Pepperstone, Nigerian traders get to enjoy the MetaTrader 4, MetaTrader 5, and cTrader platforms. All the forex trading platforms on Pepperstone come with a free demo account, allowing Nigerian traders to test the various strategies for 30 days. The Best Forex Brokers in Nigeria. With the best forex brokers in Nigeria, you can join thousands of traders who are already successfully using the market to generate income. Whilst forex trading in Nigeria is on the rise, it’s difficult to know who to trade with. In such a rapidly developing country, you find yourself faced with great
18 May 2020 Is it Legal to Trade Forex in Nigeria? While there is no formal regulation to cover FX and CFD trading, it's not illegal. Because it's not illegal to
26 Sep 2020 He said, “There are no universal rules in trading forex per se, what is really important is that you define the strategy, and the platform you use in Your best guide to trade Forex in Nigeria. we provides educational articles, trading tips, great reviews, and lists the best brokers for Nigeria. As long as you abide by the Foreign exchange (monitoring and miscellaneous provisions) Act, and trade through one of the licensed forex brokers in Nigeria,
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22 Jul 2020 AvaTrade's numerous awards include Best Forex Broker, Best Bitcoin CFD Trading Provider of the year, Most Innovative CFD Broker in the 11 Jun 2020 Choosing the right broker. There are numerous brokers that cater for a variety of traders depending on trading styles, trading needs, preferences, 23 Jul 2020 Top Nigeria Forex Brokers ✔️ Regulated Platforms ✔️Low Spreads ✔️High Leverage ✔️Advanced Trading Tools ✔️Paypal, Credit