The foreign currency trading market is profitable and presents merchants from all around the world with ample alternatives. Nonetheless, there are a lot of elements that can decide the success of brokers and selecting the best dealer is likely one of the most essential ones.
Nigerian traders who are seeking the best brokers who offer their services in Nairaland, Nigeria, needn’t look any additional than the checklist supplied beneath.
Alpari
Alpari has been in operation since 1998 and it’s strictly regulated by the FSC and the FSA in facilitating the commerce of brokers from all over the world. Based in December 1998, the corporate has over 20 years expertise in delivering spectacular Foreign exchange brokerage.
Alpari gives a number of the finest buying and selling circumstances within the {industry} which incorporates tight and aggressive spreads, low commissions, sufficient leverage, a variety of markets, and highly effective buying and selling platforms.
XM
XM was established in 2009 and is a well-regulated and respected ECN and STP dealer. XM has greater than 2.5 million registered merchants from 196 nations all over the world.
Along with welcoming Nigerian merchants, XM gives merchants with tight and aggressive variable spreads, ultra-low commissions, the usage of MetaTrader 4, quite a lot of markets, and extra.
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eToro
As a multi-regulated Market Maker dealer, eToro is likely one of the hottest brokers within the {industry}, together with being the main on-line social buying and selling platform.
When buying and selling with eToro, Nigerian merchants can count on quite a lot of monetary devices which may be traded by its proprietary buying and selling platform, entry to zero-commission buying and selling, aggressive buying and selling circumstances, and entry to a big on-line buying and selling group.
eToro additionally gives Nigerian merchants with the profit that mark-ups are usually not added and that there aren’t any ticketing or administration charges, zero limits on buying and selling volumes, and quite a lot of social buying and selling alternatives which can be found.
Plus500
Plus500 has a number of regulation in numerous jurisdictions all over the world in providing the commerce of greater than 2,000 monetary devices, unfold throughout a number of asset lessons.
Nigerian merchants could make use of Plus500’s proprietary buying and selling platform to execute trades together with the aggressive buying and selling circumstances, tight spreads from 0.6 pips, an industry-standard minimal deposit of $100, zero-commission buying and selling, and extra.
Nigerian merchants are additionally supplied with quite a lot of promotions and bonuses, sufficient leverage, and a devoted buyer help staff which is offered 24/7.
AvaTrade
AvaTrade has change into some of the common and well-trusted brokers within the {industry}. AvaTrade accepts and welcomes Nigerian merchants and gives them with complete buying and selling options and excellent providers.
AvaTrade gives the commerce in additional than 250 monetary devices which may be traded by a choice of common, highly effective buying and selling platforms alongside its personal proprietary platforms.
AvaTrade additionally gives a number of the finest aggressive buying and selling circumstances, the choice for commission-free buying and selling on some monetary devices, quite a lot of academic supplies, assets, and instruments, a sophisticated choice of buying and selling instruments, and extra.
When buying and selling with AvaTrade, Nigerian merchants can relaxation assured that they’re coping with an award-winning dealer that has greater than 200,000 registered purchasers and experiences buying and selling volumes of greater than £60 billion a month.
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