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Who is the best trader in Nigeria?
Samuel Udochukwu popularly Known as Samuel Tochi is considered by many Nigerians in the Foreign Exchange industry to be the Best Trader in Nigeria. Samuel Tochi born Samuel Udochukwu in Akwa Ibom State (southwestern part of Nigeria) is an African entrepreneur and Author.
Does IC market accept Nigerian residents?
All Nigerian traders are eligible to open an account at IC Markets as long as they meet the minimum deposit requirements.
Which app is the best for trading in Nigeria?
8 Best Forex Trading Apps in Nigeria 2022
- AvaTrade – Best Forex Trading App.
- HotForex – Best App for Forex Analysis.
- XM – Fastest Execution Speed.
- FBS – Highest Leverage Mobile Trading.
- IC Markets – Best cTrader Mobile Experience.
- markets.com – Most Instruments to Trade in an App.
- XTB – Best Regulated Trading App.
Who is richest Forex trader in Nigeria?
Uche Paragon Uche Paragon is Nigeria’s wealthiest currency trader, with an estimated net worth of over $16 million. Along with being an active forex trader, Uche is the owner of two forex trading colleges, one in Lagos and one in Port Harcourt. Additionally, he has a trading business, CCI Traders.
How much is the minimum deposit in OctaFX in Nigeria?
OctaFX charges a minimum deposit amount starting from 100 USD. This is equal to 41,500 Nigerian Naira (NGN) at the exchange rate between the United States dollar and the Nigerian Naira. OctaFX is not regulated by the Central Bank of Nigeria (CBN) even though the broker has a local office in the region.
Which broker offers a naira account?
6 Best Naira Forex Trading Accounts in Nigeria – Comparison
| Broker | Naira Trading Account? | Open Account |
|---|---|---|
| Alpari | Yes | Open Account |
| Tifia | Yes | Open Account |
| Hotforex | Yes | Open Account |
| Exness | Yes | Open Account |
Does MetaTrader 4 work in Nigeria?
Metatrader 4 (MT4) is the most popular Forex trading platform in the world and is supported by most Forex brokers in Nigeria.
How much is OctaFX minimum deposit?
Make a deposit At OctaFX, you can start trading with a minimum of $25. The minimum deposit can vary depending on your region and the payment method.
How much time OctaFX take to withdrawal?
We usually process withdrawal requests for 1–3 hours, but it’s up to your payment system how long it will take the money to reach the destination. Limits for withdrawals: Skrill, Perfect Money, Neteller—from 5 USD (5 EUR), without the maximum limit.
Can I withdraw all my money from OctaFX?
We usually process withdrawal requests for 1–3 hours, but it’s up to your payment system how long it will take the money to reach the destination. Limits for withdrawals: Skrill, Perfect Money, Neteller—from 5 USD (5 EUR), without the maximum limit. Bitcoin—from 0.00096 BTC, without the maximum limit.
What is the minimum deposit for OctaFX in Nigeria?
How many forex traders are in Nigeria?
300,000 retail forex
According to a 2021 report, there are roughly 300,000 retail forex traders in Nigeria, and there has been a substantial rise (46%) in female traders over the past couple of years.
What is the Best Forex broker in Nigeria?
Pepperstone is the best forex broker in Nigeria, not just for their platforms but also their fees. There are two forex accounts available. The first is the standard account, which has no commissions but slightly higher spreads, which is how the forex broker makes its money.
Does ForexTime offer local Naira ₦ funding?
Most online brokers don’t offer local Nigerian Naira ₦ (NGN) funding increasing exchange costs of currency trading. ForexTime offers two NGN account funding methods through bank wire transfer or Neteller. The minimum deposit is $100 for a standard forex account for ForexTime.
Which forex trading platform should I use?
Regardless of your level of experience, the broker offers an appropriate trading platform (MT4, MT5, Marketsx or Marketsi) with tools to help you develop trading strategies with over 2,200 CFDs to choose from. Pepperstone has the three top forex trading platforms based on popularity:
What is the best MT5 trading software for Nigerian traders?
Alpari has the latest MT5 software for Nigerian traders, and it has solid features without an freezing or downtime. They offer instant order execution with Nano, Standard accounts, and market execution with their ECN accounts. Their Metatrader comes with multiple timeframes, order types and many technical indicators for technical analysis.