Forex Nigeria

Forex in Nigeria

Forex Nigeria



How to Start Forex Trading?

To start trading on the Forex market you need a computer with the access to the Internet (preferably fast, but any connection will work if you won’t be scalping). On the Internet you’ll have to join one of the online Forex brokers. There are many such brokers available nowadays; chose the one that is more comfortable for you. A good online Forex broker should:

  1. Accept traders from Nigeria.
  2. Allow small accounts and deposits, so you can try it with a little money before starting a serious trading.
  3. Offer a variety of payment methods for depositing and withdrawing funds, especially WebMoney, Skrill, Neteller, or Bitcoin.
  4. Provide the convenient ways for trading — either a newbie friendly trading platform or powerful MetaTrader platform.
  5. Be a reputable and trustworthy online company, to which you could trust your trading account’s security.
  6. Have a fast order execution and funds transaction processing.
  7. Offer a dedicated online and phone support.

As it was mentioned before, there are many Forex brokers available, but here presented is the list of the most prominent representatives of the online Forex brokerage market:

After you open a trading account with some Forex broker, you will have to download its trading platform, deposit the required amount of initial funds to your account and start trading.

But to trade successfully you have to educate yourself about Forex, next section of this site is devoted to the process of learning to trade on Forex.


Forex trading is risky; don’t trade with the money that you can’t afford to lose. ForexNigeria.org is in no way responsible for any of your losses.
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