Choose one of the best Forex brokers in Nigeria
FOREX stands for foreign exchange of currencies world wide. It is one of the largest and fast growing market in the world because of the fact that every foreign business or trade involves some kind of currency exchange for buying and selling of goods and services.
Moreover, when discussing Forex trading it is important to understand the decentralization aspect attached to it. Forex trading is peculiar in a way that it doesn’t operate in a single, centralized marketplace.
Rather, the international currency exchange takes place over the counter (OTC), i.e. the Forex traders all around the globe are connected via the secured digital networks through which online transactions take place. Financial centres of the world including but not limited to London, Paris and New York, are active hubs for Forex trading and other associated businesses.
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The Forex trading brokers in Nigeria
Every year the Forex market is growing at a phenomenal rate and becoming part of the community is bound to bring in a lot of profits. Plus, with minimal deposit requirements and loads of start up information, all you need is a networks of trading terminals to get your self in the business.
Once you have decided to trade in Forex trading, it is only practical to start your quest for one of the best Nigerian stock brokers. And here’s what you can get if you invest with a safe Forex broker.
- Trading options for 50+ currencies
Ava trade allows it’s members to make deals with utmost surety and confidence and use multiple currencies as a versatile business tool. It offers it’s customers to profitably trade in both the major and minor forex pairs by evaluating their leverage and spreads.
- Crypto Currencies
From Bitcoin trading to Ethereum and Ripple Trading, Ava trade offers a large variety of cryptocurrencies to it’s traders.And in order to protect the customer’s money at all times, Ava trade is affiliated with multiple regulated authorities and segregated accounts to ensure scam proof and transparent transaction. Plus, members can also maximise on their initial capital by getting a good leverage margin and a large exposure, regardless of their account balance. Moreover, traders can also safeguard their money by putting a limit to their profit and losses. And most lucrative of all, Ava trade gives it’s customers the coveted chance to trade crypto currencies against USD, JY, EUR etc. Lastly, with round the clock expert services and array of language support makes Ava trade a fully reliable and one of the best currency brokers amongst their counterparts.
- Best Forex trading platform
To provide it’s members with a variety of flexible options Ava trade is well equipped to carry out multiple investments and trading transactions.Users can make the best investments by using the smart and perceptive AvaTradeGO app which is not only beginner-friendly but has a highly interactive user interface which makes it all the more easier to review business trends periodically and plan your moves ahead of time to maximise profits. Furthermore, users can manage multiple Ava trade accounts via this app and get constructive reviews on business and investment options to monitor daily activity or even access the support options for any trading queries. Users can make the best out of the Ava trade GO app by using it for mobile trading while on the go. Other trading platforms such as automated trading, Mac Trading, Web trading and the hugely popular Meta Trader 4 & Metatrader 5 can be easily accessed through Ava trade to ensure a powerful online presence and to get the opportunity to learn and act upon the investment patterns of the seasoned Forex traders.
- Forex free lessons & eBooks
When it comes to Nigeria, Forex trading is still in it’s developmental stage and the people here need to be rigorously educated and guided in order to make smart and rewarding investments based on the global market trends. Thus, Ava Trade believes in imparting education to it’s members that not only empowers them but also makes them aware of the possible risk factors and how to trade their investments to amplify profits. That’s why, to make it the top and to establish it’s position as the best Forex broker, Ava Trade continues to provide the people with a myriad of educational components covering the basics as well as the advanced information regarding Forex trade in the form of comprehensive video tutorials and online trading help sessions. And to top that off, AvaTrade also offers the unique chance to it’s users to avail the eBook explaining the tried and tested strategies to master the art of Forex trading, absolutely FREE. Thus, if you are a beginner trading looking to start Forex trading in Nigeria with little background in trading and investment then look no further. Ava trade is here at your service to help you open an account with a low minimum deposit and get you in business. Our experts will help you gain the confidence and knowledge about Forex market trends’ and how to leverage profits and risks by making a smart and informed decision. With our ever evolving Forex trade facilities and top notch customer support forum, Ava trade has set out to hit the mark for the best Forex brokers in Nigeria. And you can help us achieve our target!
One of the Best CFD broker in Nigeria
What is a CFD?
CFD stands for ‘contract for difference’ and it includes buying and selling of CFD’s.
So basically what this means is that when trading with CFDs you don’t directly get involved in the buying or selling of underlying assets but rather you trade on the prices of the global markets or instruments such as shares, indices, forex and other commodities.
That’s why CFDs are often referred to as derivative products because ownership remains relatively out of the equation.
Growing popularity of CFD and brokers in Nigeria
The popularity of CFD trading is growing at a phenomenal rate in Nigeria and according to financial experts it is expected to amplify even more in the current year. A lot of factors account for this appreciable trend. Some of them are listed below.
One of the major advantages of CFD trading is that traders could speculate on increasing or decreasing prices.
That means that a profit could be earned regardless of the rise and fall of the market prices based on your relative CFD position. Or in more technical terms profitable trades can be made even if the price of the assets ‘goes short’.
Secondly, when it comes to CFD trading it offers a great exposure to Nigerian traders and allows them to access a large number of global financial markets just by opening a single trading account.
Moreover, with companies like Ava trade that are striving to become one of the best stocks and currency broker in Nigeria, traders can open multiple positions on financial markets and commodities’ through their CFD accounts.
Lastly, amongst one of the best currency brokers; Ava trade offers their clients a great opportunity to use their leverage up to 400 times the capital that they have deposited in their accounts.
This means that traders could have the chance to amplify their position sizes and trade with a small margin without ever having the need to utilise their own capital.
As a result even with assets that feature small price movements, traders can exhaust the opportunity to gain enormous profits.
That being said, leveraging on CFDs can be a risky matter as losses can also be maximised.
Ava Trade, One of the best CFD & forex Broker
With the growing business opportunities and access to a large variety of financial instruments world wide, Nigeria is becoming a fertile ground for CFD trading.
And when it comes to giving their customers some excellent trading options and top notch services, Ava Trade tops the list for one of the best forex brokers nation wide.
- Most reliable and one of the best CFD trading platform
Ava trade was one of the first online brokers which allowed individual traders in Nigeria to gain a wider exposure at the global financial markets while removing the accessibility barriers. Moreover, with Ava trade being one of the best stock brokers traders can buy and sell stocks in the market giant’s including NASDAQ, NYSE and London Stock Exchange. Plus, traders get a plethora of choices for trading CFD instruments including indices, stocks and bonds.CFD trading with cryptocurrencies such as Bitcoin and Ethereum is also a viable option when you are affiliated with Ava trade.And all the while you are making big financial investments and trade choices you can be fully confident that your capital is in good hands because Ava Trade is one of the most reputed internationally regulated brokers.
- Free CFD lessons for beginners
Financial markets face major ups and downs which can easily result in a great loss of capital. And with CFD trading which is largely based on leveraging, it could prove to be even more riskier. Thus, to allow its customers to minimise the trading risks whilst making profitable choices, Ava trade being one of the best Nigerian brokers offers traders free CFD lessons to gain ample knowledge and valuable financial market experience. Client’s can even access a highly comprehensive eBook with informative tips and educational material from the CFD trading experts.
- Low prices and Low minimum deposits
Opening a CFD account with Ava Trade is absolutely easy and hassle free.With it’s great customers support services clients can open CFD positions in the shortest amount of time. Further more, traders have a lucrative opportunity to avail low prices and pay low minimum deposits’ when they are just starting out. All this undoubtedly makes Ava trade hit all the targets for one of the Best CFD broker.
Why traders choose AvaTrade
AvaTrade was founded in 2006, with the primary mission is to empower people to trade with confidence. Now it is one of the best broker in Nigeria & in many other countries in the world.
With strong core values of integrity and innovation, we always put the customer first, and center all our efforts into enabling traders of all levels to unleash their true potential.
Whether it is our customer service, diversity of instruments and variety of platforms or any of our other superior services – we work hard to ensure our clients have a pleasant trading experience.
For over 11 years, AvaTrade has established itself as a major player in the online financial field, with a proven track record of positive customer satisfaction. Our key responsibility to offer top notch services to all our traders.
- 250+ instruments to trade including forex trading, cryptocurrencies, stocks, commodities trading and indices
- Desktop, tablet, mobile and web based trading with MetaTrader 4 and AvaTradeGO
- A range of automated trading platforms and EA & MQL5 compatibility
- Competitive Spreads Offering
- Client funds are held in segregated accounts for increased security
- Regulated in Europe, Australia, Japan, British Virgin Islands and South Africa
AvaTrade – Leading the way in online trading
Since our establishment, we have carved a reputation as a leader of the revolution in online trading by providing a reliable, user-oriented trading environment built on the most advanced platforms and regulated on 5 continents.
The results speak for themselves – AvaTrade currently has 200,000 registered traders around the globe, who place more than 2 million trades every month. As an AvaTrade customer you can rest assured you get the choice, support and security you need.
We are dedicated to constantly improving and expanding our offerings; AvaTrade was among the first forex brokers to introduce CFD trading on commodities, indices and stocks. In addition, we were ahead of the pack in introducing digital currency trading – granting access to the lucrative Bitcoin and Litecoin markets to ordinary retail traders.
- Trading Platforms
As an AvaTrade client you also benefit from the choice of more trading platforms and more ways to trade. We offer two manual trading platforms – MetaTrader 4 and AvaTradeGo – with full mobile trading support. You can also choose from a variety of automated trading platforms, including Zulu Trade among others.
AvaTrade customers can trade in peace, knowing they are in good hands. Our customer service representatives are available 24/5 in 14 languages, ready to assist with any trading issue you may have. Our service combined with a deep knowledge of the different financial markets, allow our traders to enter the markets with confidence. Upon your first deposit of $1,000 or more, you will be assigned a dedicated Account Manager to guide you in your first trades, teach you how to use our trading platforms and inform you on all market matters.
Our support team are available by phone, email and live chat, so you’ll always have someone to talk to – in your language – whenever the markets are open.
Providing support through ongoing education so that you can keep improving your trading skills and learning new concepts with exclusive free videos, articles, e-books and daily market analysis. We also conduct a series of webinars in several languages, which apply to all level of traders – from beginner to expert.
We believe that providing a safe and secure trading environment is crucial to your success in the markets. As an AvaTrade client you will find the comfort and peace of mind that comes with trading with an established broker in an officially regulated environment.
AvaTrade is licensed as a regulated broker in the EU, Japan, Australia, South Africa and the British Virgin Islands. As such we are subject to stringent compliance requirements regarding how we handle client funds, security, and financial reporting.
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