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When choosing a forex course there is so much to consider, from the strategies, to course structure, to mentor track record and even the community. We have compiled a simple but comprehensive list of the worlds leading forex trading courses. Trading Masterclass, ran by Irek Piekarski and Jonny Godfrey, has taken the industry by storm over the last few years. To find out more, have a read volatility indicator forex our full in-depth reviewbreaking down everything you need to know about Trading Masterclass.

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Forex blogs in nigeria nigerian

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For you to be able to make the right forecast about currency trends, you need to be able to analyze current trends and movements in the Forex Market. There are two main types of analysis that forex traders generally focus on, which include fundamental and technical analysis. Fundamental analysis is the study of macro events that will alter the course of a currency pair.

Technical analysis is the study of price action, including looking at momentum, trends and reversal patterns. The reason they are quoted in pairs is that, in every foreign exchange transaction, you are simultaneously buying one currency and selling another. Remember, if you are able to trade one currency pair — you will be able to trade all of them. If you will be trying to trade all currencies at once, you will slow down your success process.

After perfecting the initial 4 steps highlighted above, its time to start trading with real money. Many of the best currency traders have taken a highly technical approach in their trading strategies. Many brokers offer traders access to charting tools that give historical price patterns indicating whether to buy or sell. You can learn to start trading Forex yourself by following the steps shared in this article.

Always learn to be patient before you start trading with real money amounts. Only when you have carried out enough free trades and you have developed a successful trading Forex trading strategy, you should consider trading with real money. Also, remember that emotions are not good in the Forex trading world. Sell or buy at or near your price target you set in your head. Step 1. Step 2. Step 3. Start trading with a demo account These days, a demo account is being offered by almost every forex broker.

Step 4: Learn to analyze currency trends For you to be able to make the right forecast about currency trends, you need to be able to analyze current trends and movements in the Forex Market. Nevertheless, beginning the journey of becoming the youngest Nigerian FX trader was not the easiest thing to do. He had to borrow a one-year tuition fee, intended for studying at the university, to enter the market.

Buying and later on selling the stocks, alongside with currencies, made Sandile some decent profits, but not taking the business decision seriously negatively affected the career growth of the young trader. We should mention the fact that he had no background in economics, and investing in learning all kinds of Forex terminologies, trading methods and risk management systems were not accessible for him.

That was the reason why Shezi decided to gather all the resources available for free on the internet to accumulate all the necessary knowledge. After spending multiple months in studying the ins and outs of the FX market, he placed the first order, making a significant amount of profits.

Probably, he could make millions of dollars while choosing the right broker, but Sandile Shezi decided to establish a consulting company called Global Forex Institute to help thousands of entrepreneurs by giving them the knowledge along with some guidance to succeed in the FX market.

Unfortunately, no one imagined being involved in international markets, especially the people from Africa. Everyone especially the Forex traders should enjoy the process itself. The story of Ajidahun Afioluwa surely is the most unique one. Everything started when he was invited to the local conference, uniting the business-oriented individuals of the country.

However, the wish of investing a huge amount of capital made him join hundreds of entrepreneurs. After a networking event, he started partnering with various top Nigerian Forex traders. However, placing the first order onto the marketplace was not successful at all. On the contrary, he lost thousands of dollars with no returns.

The so-called young entrepreneur, specializing in the trading niche, did not give up and continued the journey of finding the right trading strategy. Spending hours to experiment with various methodologies, which helped him find the one suited him, that earned Afioluwa six figures in profits per month for the period of a year. On the contrary, it encouraged the trader to find the right ways of solving the problem.

As far as we know, Afioluwa is not actively trading on the Forex market anymore, as he is investing capital into various long-term oriented stocks, helping him retire at the age of Have you ever heard of Lite Forex? Actually, it is one of the Nigerian FX brokers on the existing market, offering minimal spreads to millions of customers.

It was the first company Mrs. Ezeako started to work with, in the early years of trading. We should mention the fact that she had a full-time job while learning the FX market. It took her quite a long time to get to the advanced level but after gaining the necessary knowledge along with experience, Ezeako targeted the major currency pairs for capitalizing on prospective profits.

Fortunately, she had enough luck to get the investments back, plus the profits to fund the on-going journey of becoming the first successful woman in the financial niche. From time to time, Ezeako attended various Forex-related conferences and events, leading to her understanding the major trends in the FX market. The success story continued, she registered on tens of trading platforms to claim the bonuses, minimizing the chances of facing financial loss. Surprisingly, it did work out in terms of using the investment the right way.

Learning the history of one of them should empower others to do follow their dreams of becoming financially independent and creating the desired type of lifestyle to live in. The probability of finding success in the Forex niche is quite high, considering the opportunities in the 21st century. After reading the success stories of three Nigerian Forex traders, most of you should understand the fact that everything is about having a goal of becoming the best in the desired field of expertise.

Even the traders, located in the rural parts of Africa have managed to learn the basics of Forex , familiarize themselves with some of the advanced trading methods and find the right brokers. It should empower millions of beginner traders like you to take action as fast as possible, without thinking about the possible failure.

Remember one and only thing, quitting the market, even during the times of being financially dependent, will not help you solve the issue. On the contrary, find the right solution and continue hustling until it finally pays off. Start trading with XM today. Stay up to date with the financial markets everywhere you go. Trade the Bitcoin and altcoins at the most advanced web trading platform with a regulated broker. Top Stories.

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Nevertheless, a good number of brokers do claim to offer commission-free trades in their transaction. The following are the top 10 forex brokers operating in the country with the best forex trading platforms this These companies offer a range of services that suites their clients. Interestingly, one significant thing about most of these companies is that they allow Nigerians to do deposit and make hitch-free transactions in Naira. They include:. Their site is at www. Their customers are given the opportunity to open both real and demo exchanging accounts.

They work on MetaTrader 5 stage. They can be accessed from their site at www. Their customers can open both genuine and demo trading accounts. Plus is one of the top forex brokers in the country. You can have a trading account with share up to Also, the forex brokers can permit their enlisted dealers to open both real and demo trading accounts.

You can access Plus platform at www. With Sunbird, you can open a foreign trading account with this forex brokers. They also offer you the opportunity to trade on their MetaTrader 5 and MetaTrader 4 trading platforms. Their trading platforms are Trade Desk and Web Trading. You can create a trading account with a leverage of Admiral Markets are also a reliable forex broker in Nigeria that makes the difference by offering a wide range of forex trading platforms available, and similar to Admiral Markets Web and MetaTrader 4.

Admiral Markets clients can create both real and demo forex trading accounts. Dupont is a non-regulated forex broker in Nigeria. The company has both SirixWeb and MetaTrader 4 trading platforms to be accessible to their enlisted brokers. Their website is at www. On the whole, this forex broker is open to both real and demo transaction accounts. Another good thing about ECMarkets is that their customers can open both genuine and demo exchanging accounts. This foreign exchange broker have a MetaTrader 5 platform to their customers.

You can access their site at www. Using the platform enables their clients to open both real and demo trading accounts. This is yet another forex broker which in the top in the country. Named Markets. They enable their brokers to open both demo and genuine account.

You can access the website at www. On the whole, a forex broker is a business middleman that creates the enabling atmosphere for international transactions. Probably, he could make millions of dollars while choosing the right broker, but Sandile Shezi decided to establish a consulting company called Global Forex Institute to help thousands of entrepreneurs by giving them the knowledge along with some guidance to succeed in the FX market.

Unfortunately, no one imagined being involved in international markets, especially the people from Africa. Everyone especially the Forex traders should enjoy the process itself. The story of Ajidahun Afioluwa surely is the most unique one. Everything started when he was invited to the local conference, uniting the business-oriented individuals of the country. However, the wish of investing a huge amount of capital made him join hundreds of entrepreneurs.

After a networking event, he started partnering with various top Nigerian Forex traders. However, placing the first order onto the marketplace was not successful at all. On the contrary, he lost thousands of dollars with no returns. The so-called young entrepreneur, specializing in the trading niche, did not give up and continued the journey of finding the right trading strategy. Spending hours to experiment with various methodologies, which helped him find the one suited him, that earned Afioluwa six figures in profits per month for the period of a year.

On the contrary, it encouraged the trader to find the right ways of solving the problem. As far as we know, Afioluwa is not actively trading on the Forex market anymore, as he is investing capital into various long-term oriented stocks, helping him retire at the age of Have you ever heard of Lite Forex? Actually, it is one of the Nigerian FX brokers on the existing market, offering minimal spreads to millions of customers.

It was the first company Mrs. Ezeako started to work with, in the early years of trading. We should mention the fact that she had a full-time job while learning the FX market. It took her quite a long time to get to the advanced level but after gaining the necessary knowledge along with experience, Ezeako targeted the major currency pairs for capitalizing on prospective profits.

Fortunately, she had enough luck to get the investments back, plus the profits to fund the on-going journey of becoming the first successful woman in the financial niche. From time to time, Ezeako attended various Forex-related conferences and events, leading to her understanding the major trends in the FX market. The success story continued, she registered on tens of trading platforms to claim the bonuses, minimizing the chances of facing financial loss.

Surprisingly, it did work out in terms of using the investment the right way. Learning the history of one of them should empower others to do follow their dreams of becoming financially independent and creating the desired type of lifestyle to live in. The probability of finding success in the Forex niche is quite high, considering the opportunities in the 21st century.

After reading the success stories of three Nigerian Forex traders, most of you should understand the fact that everything is about having a goal of becoming the best in the desired field of expertise. Even the traders, located in the rural parts of Africa have managed to learn the basics of Forex , familiarize themselves with some of the advanced trading methods and find the right brokers. It should empower millions of beginner traders like you to take action as fast as possible, without thinking about the possible failure.

Remember one and only thing, quitting the market, even during the times of being financially dependent, will not help you solve the issue. On the contrary, find the right solution and continue hustling until it finally pays off. Start trading with XM today. Stay up to date with the financial markets everywhere you go.

Trade the Bitcoin and altcoins at the most advanced web trading platform with a regulated broker. Top Stories. Contents 1 Mr. Ezeako 5 Key Takeaways. Comments 0 comment s Click here to cancel reply. Leave a comment. Get the most recent news at your inbox Stay up to date with the financial markets everywhere you go.

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Meet Nigeria's Youngest Forex Millionaire Only at 23 (He's So Humble!)

If you are looking for the best Forex trading app in Nigeria, you have come to the right place. In today's world, almost everyone has a smartphone. According to a recent survey from a top currency research organization, forex draws Nigerians searching for reliable, regular investments. Learn more about how you can trade forex in Nigeria, including what broker you can use, with this step-by-step guide.