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Instaforex-Africa

Nigeria e-Naira wallet Explanation

2022-04-02  

EXPLAINER: Still not clear about eNaira? Here are 10 key things to know. While the currency has taken off, many Nigerians still do not understand how it operates. These 10 points will help. On Monday, Nigeria’s, eNaira, was launched by President Muhammadu Buhari at the State House in Abuja. The eNaira was developed by the fintech company, Bitt, based in the Caribbean. At the launch on Monday, the Central Bank of Nigeria governor, Godwin Emefiele, said 500 million eNaira ($1.21 million) had already been minted. The CBDC’s digital currency app and its merchant wallet... Read


Instaforex-Africa

How To Fund Forex Account in Nigeria

2017-01-10  

How To Fund Forex Account in Nigeria - InstaForex Nigeria With the business world becoming fully interconnected on a foreign level, foreign cash trading has truly blown up. Since Forex is a liquid market, online foreign currency trading market has also expanded. InstaForex Company via its site in Africa www.instaforex.com.ng is pulling attention of investors from all across the world as it offer internet trading Platforms, Forex News Trade Alert, Free Technical Analysis and many more that helps many people to trade confidently and make profits. Studying technical analysis... Read


Instaforex-Africa

Profitable Forex Trading System That Works

2016-02-11  

Back Testing Your Forex Trading System. The consistently profitable forex trader is an expert. Just as an expert farmer understands seeds and soil, and the expert mechanic can hear the difference between a blown gasket and loose muffler, the expert forex trader knows markets by utilizinf forex trading systems that works. Where does this expertise come from? How does the novice forex trader become an expert? The answer is simple. Perhaps the answer is much simpler that you would believe. You must practice. Practice your craft. Practice your trading. This is the simple way to become an... Read


Instaforex-Africa

Best Forex Indicator

2016-02-08  

Best Forex Indicator TOOLS OF THE TRADE: FUNDAMENTAL VERSUS TECHNICAL INDICATORS So, how do forex traders decide when to buy or sell? There are basically two schools of traders, and you must decide which school fits your trading personality. The first school is the school of fundamental analysis. Fundamental traders use economic reports and news reports as the basis for their trading decisions. Forex traders who have a fundamental approach will closely examine world events, interest-rate decisions, and political news. Fundamental traders are concerned with properly interpreting news, whereas... Read


Instaforex-Africa

Successful Forex Traders Strategies

2016-02-02  

Successful Forex Traders. Most forex traders have three preconceptions about successful forex trading. These are the three assumptions myths of some successful forex traders used in creating a fallacy of profit forex signals among newbie forex traders. Myth 1: Successful forex trading must be indicator based. The first part of this article dispels this myth. There are many ways to profit forex, some of them do involve indicators used in forex trading signals, but indicators are not necessary for successful forex trading. There are professional forex traders around the globe who use naked... Read


Instaforex-Africa

Best Forex Broker in Nigeria

2015-10-30  

BEST FOREX TRADING PLATFORM. In order to select the best Forex broker in Nigeria, there are some yard sticks you need to consider  to help you decide which forex trading platform to utilize and  weary of forex scams. I have taken my time to list them out as basis of knowing the best forex trading platform in Nigeria. List of Some Popular Forex Trading Platform in Nigeria. Alpari Bforex Liteforex Gkfx FXpro AGEA Mayzus XM Tuneforex RoboFX FXDD Forexmetal Dukascopy Zulutrade Etoro Instaforex This list does not represent BEST FOREX BROKER IN NIGERIA,... Read


Instaforex-Africa

How To Trade Forex Profitably

2015-10-23  

How To Trade Forex Profitably. I have decided to write another post on Forex Trading Strategies from the point of view of an experienced and successful Forex Trader in Nigeria. Who will enlighten us on the subject "How To Trade Forex Profitably", ie their professional recommendation on How to trade forex profitably. You can pick some of our researched forex trading strategies below (Links open in new tab); ​Forex Trading Strategies For Beginners Free Forex Trading Tutorial for beginners How To Calculate Position Size Forex Strategies But today I have here with me Mr.Chinedu... Read


Instaforex-Africa

Forex Trading Terms explained

2015-08-28  

  Forex Trading Terminology. Forex Trading Terms and Definitions. In Forex Trading, Forex traders often use forex trading terms that can be ambiguous when you're just starting out. When you see a forex trading terminology you don't understand, you should refer to this post to find forex trading terms and definitions. As you familiarize yourself with these terms, you'll find that your understanding of Forex Trading Terms as a whole will improve. Forex Trading Terminology [A] Account A record of transactions of goods and services owed to one... Read


Instaforex-Africa

How To Calculate Position Size Forex Strategies

2015-08-24  

  How To Calculate Position Size Forex Strategies. If you Know How to calculate position size Forex strategies you will be able to answer some questions related to "How much is a 1 pip movement on EURUSD (or any pair) worth in any currency???" It's a question frequently asked by new Forex Traders or not well experienced Forex Traders, knowing how much a 1 pip or 1 point move on a currency is going to make you (or cost you) is one of the most important factors in any forex trade. If you don't know that, how can you calculate your risk to reward??!!?? Calculating... Read


Instaforex-Africa

How To Fund Instaforex Live Account in Nigeria

2015-08-04  

  How To Fund Instaforex Live Account in Nigeria. This post cut across How to Open a Forex Trading Account in Nigeria via Instaforex Nigeria Representatives, and you will be able to appreciate the professional support you will get from Instaforex Nigeria representatives. How to open live trading account with InstaForex? Forex account registration only takes a few minutes and allows you to conduct trading operations in the forex market. After registration, you will receive the welcome bonus amounting to 30% of the money you have deposited to your account. You can use... Read