Forex Trading Nigeria

The effects of a hike in the interest rate on a currency

As at 7 p.m. Nigerian Time today, the US (Federal Open Market Committee) a.k.a. Fed is expected to raise their interest rate for the first t - Thursday September 17, 2015 11:26:17 - [Read more]

How I funded my forex trading account with my Naira debit Mastercard

You can fund your forex account directly by using your Naira debit card as long as your broker accepts card payments. I decided to fund my A - Thursday September 10, 2015 11:34:0 - [Read more]

How to trade reversals after the news

Felix Okoli: As you might already know, trading currency pairs tend to be more tricky during news events. If you were trading a pair like the EURUSD, you - Thursday February 13, 2014 15:19:49 - [Read more]

Problems with Forex trading in Nigeria

Felix Okoli: There are a lot of problems associated with this kind of business and one should be careful when he has decided to engage in it. It requires - Friday January 24, 2014 15:58:40 - [Read more]

About Online Forex trading regulations in Nigeria

Felix Okoli: The online forex business is relatively new in Nigeria and isn't highly regulated as like other countries where it's a major profession. The - Friday January 24, 2014 15:55:8 - [Read more]

Some Frequently asked quesitons

Felix Okoli: There are a lot of questions Nigerians have always wanted to know about forex and a lot of jargons involved in the trade. It would be good t - Friday January 24, 2014 15:54:2 - [Read more]

How to begin Forex trading

Felix Okoli: How do you start trading forexx? Where do you go? What do you do? A lot of forex newbies have a lot of question to ask when it comes to onli - Friday January 24, 2014 15:50:24 - [Read more]

How to fund forex account without Liberty reserve

Felix Okoli: Since the death of Liberty reserve, the options available for funding forex trading accounts for countries like Nigeria have been reduced si - Tuesday September 3, 2013 10:29:47 - [Read more]

How to buy

Felix Okoli: As an online forex trader, the business you are into is buying and selling global currencies on the internet.Just like normal traders who bu - Saturday May 18, 2013 13:4:11 - [Read more]

How to trade forex in Nigeria

Felix Okoli: When it comes to online currency trading in Nigeria, lots of people are into it and many more are still entering into it with a view to maki - Tuesday November 27, 2012 12:59:58 - [Read more]

TV stations I use to monitor forex news

Felix Okoli: If you are a day trader, one of the things you'd need to watch out for is breaking news and be able to capture it as it happens. You can als - Thursday November 1, 2012 14:7:18 - [Read more]

How to gain $20 a day from 40 pips

Felix Okoli: Assuming you want to achieve a target of @20 everyday from just gaining 40 pips, then you would need to choose a right strategy that works f - Tuesday October 30, 2012 16:17:25 - [Read more]

How to start trading Forex in Nigeria

Felix Okoli: Online Forex trading simply involves buying and selling of global currencies on the internet. One can make money by either buying one currency or selling it. You earn - Monday October 8, 2012 10:32:6 - [Read more]

How to trade 30 min charts

Felix Okoli: Trading 30 min chart is like scalping and you are meant to only hold positions when doing so for a short period of time, in this case for ab - Monday October 8, 2012 10:32:6 - [Read more]

Tips for trading with an unreliable internet connection

Felix Okoli: If you are living in a country like Nigeria where there is the issue of slow or unreliable internet connection, then you should know that th - Sunday October 7, 2012 21:56:46 - [Read more]

Choosing a Trading strategy

Felix Okoli: When it comes to trading forex, one of the things that can keep you successful in the long term is your trading strategy. You need to choose - Saturday October 6, 2012 15:10:43 - [Read more]

How to add Funds to your account

Felix Okoli: As a trader, when you are already to do live trading with real money and also make money, you will need to have real money in your account a - Thursday October 4, 2012 16:46:47 - [Read more]

50 Pips daily system

Felix Okoli: What if you could make a steady 50 pips daily gain from trading major currencies? Well for those who are not greedy for hundreds of pips, yo - Wednesday October 3, 2012 15:45:34 - [Read more]

Being a Day Trader

Felix Okoli: There are many kinds of forex traders when it comes to how they schedule their trading activities. You can be a day, weekly or monthly trade - Monday October 1, 2012 10:51:41 - [Read more]

Tips for trading safely in Nigeria

Felix Okoli: Trading forex can be exciting and trading in Nigeria does have its obstacles one of which is inefficient power supply.strongBack up power - Friday September 28, 2012 10:3:41 - [Read more]

How to trade Forex with $100 for 20 days

Felix Okoli: I just want to share with you guys on a strategy I would use to trade forex safely with $100. Actually, trading with $100 is not idela as i - Tuesday September 25, 2012 15:26:42 - [Read more]

Buy the US dollar

Felix Okoli: Q4 for 2012 and Q1 for 2013 doesn't look too good for the euro but looks ok with the US dollar more especially as elections are coming in. T - Saturday September 8, 2012 12:36:48 - [Read more]

Euro continues to take a fall

Felix Okoli: There is still much instability in the eurozone that keeps the bears in hold since the last quarter of 2011. The euro has continued to take - Thursday July 19, 2012 10:22:49 - [Read more]

Trading reversals: Trading against the market

Felix Okoli: Today I decided to trade a bit against the market. Actually, you should not trade against the market if you don't study the charts yet or kn - Thursday May 3, 2012 15:41:22 - [Read more]

Trade like a Robot and be successful

Felix Okoli: When I say trade like a Robot, I don't necessarily mean you have to buy robots to trade for you. I simply mean to trade like someone who is - Thursday April 19, 2012 9:35:46 - [Read more]

How to Trade Forex successfully in Nigeria

Felix Okoli: Nigeria has a growing number of forex traders but only very few achieve what we can call success at doing it. It is one thing to try your lu - Thursday April 12, 2012 15:16:25 - [Read more]

Use 1 hr charts for trading for 1 hr trading

Felix Okoli: One thing I have noticed about price charts on trading windows is that the signal they give are only valid for the time frame they display. - Monday March 12, 2012 11:8:21 - [Read more]

Trading the News: USD Existing Home Sales

Felix Okoli: Based on the report at, the news for the USD home sales is expected to be a bit lower than previously. Initial value: 5.40M - Thursday March 1, 2012 16:49:50 - [Read more]

How to know when a currency pair like EUR/USD is bearish

Felix Okoli: One of the good things about Forex trading is that even new Traders tend to get better after making mistakes. There are certain mistakes whi - Thursday March 1, 2012 16:48:36 - [Read more]

Trading the News: US unemployment

Felix Okoli: From a low point of about 1.3834 on March 10, 2011 , the EU/USD pair went up to 1.3971 by 3.00 pm making more than 100 pips within a few min - Thursday March 1, 2012 16:46:51 - [Read more]


Demo Trading
Getting Started
Live Trading

Home | Ask | Contact