Reliable forex brokers in nigeria

Reliable forex brokers in nigeria

Author: v01 Date: 18.07.2017

Home Forex Broker Reviews ForexTime Review. View More User Comments About ForexTime here.

Do you suspect fraud? Please tell us about it. New forex brokers frequently appear on the scene, but occasionally, the newcomer is an innovation from a highly successful entrepreneur, expanding into a new sector of the market with a proven formula for success.

Such was the case with FXTM ForexTime. In and in subsequent years, Dashin focused on developing both the European and U. Clearly, his formula keeps working, since, in the span of a few short years, FXTM has received a plethora of awards and grown to be an industry leader. FXTM is one of the fastest growing brokers in the industry.

In order to support this rapid rise in global clients, the FXTM brand opened a number of rep offices around the globe, with main operations run from a five-story FXTM Tower in Cyprus.

This year, a new office opened its doors under the FXTM brand in the financial heart of Europe and trading capital of the world — London, UK — which feels like a very natural move for a broker that has been growing so successfully. A cursory review of corporate press releases reveals a story of continual achievements, all based on integrity, innovation, transparency and a drive to provide clients with a superior trading experience. Independent reviewers on the web also give high marks, so the experienced management team must be doing a lot of things right.

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Safety and security remain a top priority for FXTM. Straight-Through Processing STP is available, but if you desire the popular ECN set up, they have that covered too. It features ultimate trading conditions like ultra-fast market execution, spreads from 0 pips, and deep interbank liquidity.

The best forex broker in Nigeria

Since we last reviewed FXTM, the broker also introduced three times as many Spot Metals, CFDs on Commodity Futures, ETF CFDs, and more. As a modern approach to investing and copy-trading, FXTM Invest is an easy-to-use program that brings traders and investors closer to the markets. The company holds true to its core value of transparency by publishing important trading stats on their website: Additional information feeds, educational materials, charting tools, and free-flowing commentary make your trading experience ideal and its customer support department is top of the line.

Also, if you like contests and promotions or social trading, FXTM does not disappoint. They have shown tremendous progress over past couple of years and, if you reside in one of their covered markets, they are well worth your patronage.

Visit back to top. Tight spreads are the norm whether on STP or ECN setups. With the FXTM Pro Account, spreads start at the tightest possible 0 pips.

FXTM offers negative balance protection. The software backbone for FXTM relies on the highly popular MetaTrader series of trading platforms, in both MT4 and MT5 varieties.

How to Choose a Reliable Forex Trading Broker

Trading account classifications relate back to both types, with three categories offered in STP versions and five under the ECN service. All eight come with a swap-free option, and a free demo account is offered with no expiration period.

The ForexTime App puts minute-by-minute market updates and analysis in the palms of the on-the-go trader, while the very latest in SSL technology encrypts all sensitive data, keeping any hackers at bay.

FXTM has also installed a broad series of options to make deposits and withdrawals an easy process. Credit and debit cards, along with bank wires and e-wallets, are the signature methods, but the team — due to the global nature of the firm — has implemented numerous other local payment methods specific for particular regions.

More payment methods are being added on a monthly basis, with thirty one on last count.

reliable forex brokers in nigeria

Clients are cautioned to keep legally required ID data on file to ensure a rapid response on any withdrawal request. Webinars are being added weekly to supplement an abundance of learning materials already available on the site. Your ability to assess market conditions will be enhanced by daily commentary from their Market Research Team, streaming news, signals, and alerts, and dedicated account managers can provide additional insights when accessed via email or direct phone line any time of day in over 25 languages.

Few firms have entered the forex brokerage market with such a flourish as FXTM did.

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This management team understands what it takes to please a highly demanding global clientele. Prestigious awards and favorable testimonials are just the icing on the cake. We are committed to create a safe and reliable trading environment for all our clients. Your invested capital is at significant risk. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.

The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.

No information or opinion contained on this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is no indication or guarantee of future performance. Only the NFA regulated brokers featured on this site are available to U. Read our full legal disclaimer.

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reliable forex brokers in nigeria

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