By trading currencies in pairs, traders predict the rise or fall in value of one currency against another. The introduction of MT4 to mobile has revolutionised the market experience as traders are no longer confined to traditional laptops or PCs. Instead, you can react to market movements xcritical cheating at lightening-speed with just a few taps on your Android or iPhone. This, combined with the 24/5 nature of the financial markets, is perfect for the busy investor.

Forex trading in Nigeria

We’re regulated and licensed under the FSC of the Republic of Mauritius and the UK’s FCA, among others. To help you get started or improve your trading skills, we offer education for beginners and advanced traders in a variety of formats. To get started or improve your trading skills, we offer education for beginners and advanced traders in a variety of formats. The leadership team behind Exinity Group has proven experience in banking, trading and financial technology. If Warren Buffet could trade it, you should be able to trade it.

For traders with multiple accounts, we also offer Multi Account Manager (MAM) on MT4 for easy management and your ultimate convenience. Available in over 20+ languages and suitable for both Live and Demo accounts, MT4 is the industry standard for traders worldwide. Find out the best kind of strategy for you with FXTM’s forex trading strategies guide. Forex (or FX) means Foreign Exchange, the place where currencies are traded.

83% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. MetaTrader 4, widely known as MT4, is a stand-alone online trading platform developed by MetaQuotes Software. It’s completely free to download and provides you with everything you need to both analyse the markets and manage your trades. You should not spend more than you can afford to lose and should ensure that you fully understand the risks involved. Using the products offered may not be suitable for everyone.

Calculate the foreign exchange rates of major FX currency pairs. Utilising these small measurement units helps protect new traders from substantial losses. A ‘pipette’, or fractional pip, is 1/10th of a standard pip, offering tighter spreads and precise insights into currency price movements. Venturing into the world of futures trading can be an exciting yet daunting experience for new traders.While the potential for profit … For more information about transfers between your trading accounts please see our FAQ section below.

Join over 1 million people from over 150 countries worldwide, who are already building their trading skills with FXTM

Types of pending orders requesting a broker to buy or to sell a financial security under pre-defined conditions in the future. We serve a global audience from close to 200 countries, with a global network of offices, spanning Europe, Africa, Asia and Latin America. Over 1 million people worldwide have chosen FXTM, and thousands of new traders continue to jump on board each month. Open an account or try our demo account to get started while you build your skills. Accurately calculate pip values and manage your trade risks with our intuitive FXTM pip calculator.

Keep on top of the markets with daily analysis, weekly videos and webinars from expert analysts, including FXTM’s home-grown star Lukman Otunuga. Sharpen your strategy with webinars, E-books, articles, and more. These priceless resources are free and always will be – that’s how we give you more. We’re trusted by over 4 million people worldwide, with thousands of traders in Nigeria choosing FXTM every month. This will result in quote currency and respectively will be converted to account currency. No one makes it easier, open an account or try our demo account to get started while you build your skills.

However, kindly note that the dividend adjustment takes place before the market opening of the ex-dividend date. If a client is holding buy positions his/her account will be credited with the fixed dividend amount. If a client is holding sell positions, then the dividend amount will be debited from his/her account. Typically, a pip in most forex currency pairs is located at the 4th decimal place (0.0001), equivalent to 1/100 of 1%. For JPY pairs (involving the Japenese Yen), a pip appears at the 2nd decimal place (0.01).

• Open the trading account that’s right for you once you’re in MyFXTM.
• Trusted by millions of traders in 150 countries.
• It’s also a good opportunity to get to know your trading platform.
• Major currency pairs are the most traded pairs in the forex industry.
• Currency prices change every second, giving investors limitless opportunities to enter trades.

Choose your account and start trading

FXTM brand is authorized and regulated in various jurisdictions. Currency prices change every second, giving investors limitless opportunities to enter trades. And investors try to make money by correctly predicting the price movements of different pairs. Access hundreds of trading instruments online across forex, indices, commodities, and stocks. Download the MT4 platform directly to your laptops or computers in just a few easy steps and start trading. With its advanced features, dynamic security system and multitude of technical analysis tools, MT4 is the ultimate trading platform.

• You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• 10 – For Indices and Commodities on the Advantage MT4/MT5 and Advantage Plus MT4/MT5 accounts, the Maximum Volume of all orders is 100 lots.
• Please send us an email at and we will get back to you as soon as possible.

Download MT4 for iOS straight from the Apple App Store and let your market journey begin! Access the financial markets at a time and place to suit you and manage your trading activity with complete ease. Currency traders (or FX traders) buy and sell currency pairs using a forex broker to facilitate the transaction between the buyer and the seller. Get a totally localised trading experience with our Naira account, designed with our Nigerian clients in mind. Trade currency pairs commodities, indices and more xcritical rezension in Naira. Forex trading entails speculating on currency prices to earn potential profits.

To learn more, check out our complete guide to forex trading for beginners. By the time you’re ready to move to live trading, you’ll have grown the confidence to start using real money. Skill up and practice zero-risk trading on our free demo account.

Please send us an email at and we will get back to you as soon as possible. There is a total of 9 different timeframes on MT4, meaning you can follow price movements over the period of time that suits you. The successor to industry favourite MT4, and loaded with technical tools and indicators to help you interpret the markets with just a few clicks. Due to a migration of services, access to your personal client area is temporarily disabled. Comprehensive guides for beginners and intermediates. Experienced traders may also use these guides as a refresher.

Forex traders buy one currency in the pair and sell the other at the same time, depending on how they think their values will change in relation to each other. The foreign exchange market has a daily trading volume of over $5 trillion, making it the most liquid in the world and an exciting place to trade. Whether you’re an experienced trader or completely new to it, we’re here to help you get more from the financial markets. Just like on mobile, if you’re a desktop trader you can explore the financial markets on either a Mac or a PC. You’ll get the full technical analysis toolkit on both systems, it just depends on which one you like to use. They’re both completely free to download, check out MetaTrader 5 here or click below to see details about them.

It is the ratio of your Equity to the Used Margin of your open positions, indicated as a percentage. Put simply, Margin Level indicates how “healthy” your trading account is.As a formula, Margin Lev… Trading is the buying and selling securities, such as stocks, bonds, currencies, and commodities, to make a profit.