2017 is set to be another busy year for Forex Time (FXTM) and traders using the platform in Nigeria.
Speaking on what FXTM plans for Nigerian traders in 2017, Lukman Otunuga, research analyst at FXTM said they look to build on the successes of 2016.
“We have always invested heavily in client education in Nigeria and will continue our commitment to this in, the upcoming year. Providing high quality trader education has always been one of FXTM’s core values because we understand that educated traders, are better able to manage the opportunities and risks presented by the markets”.
FXTM also intends to intensify its educational events as part of measures to enlighten traders on the platform.
Otunuga said, “Our educational events held in Lagos and Abuja last year, proved extremely popular, with over 650 attendees taking part. In 2017, we plan to expand our educational program further, by offering even more local seminars and online resources. Traders should also keep an eye out for the new innovative products and services which we plan on launching this year. More information on our local educational events, products and services can be found on our website at www.forextime.com”.
Fielding questions on whether interest in forex trading in Nigeria has increased over time, he said that Forex trading is continuing to grow in popularity in Nigeria, “for example, last year alone we saw a 25% increase in the number of active trading clients with FXTM. Traders in Nigeria are extremely keen to improve their knowledge of the markets; the high level of attendance at all of our educational events and seminars is evidence of this.
“It is encouraging because it means that their level of trading knowledge and expertise in the markets is growing and improving each year. Having said that, a trader’s education never ends and there is always scope for developing new and improved trading strategies, and learning about new instruments.
“We are keen to support our traders in Nigeria; our main aim is to help them optimise their trading experiences. We offer localised customer support and educational events, as well as tailored products such as our new Naira denominated accounts to achieve this”.
He said that they offer wide range of events and seminar which a non-trader can tap into to get acquainted with the trading.
“We offer a wide range of educational events and seminars, which cater from beginner to advanced level traders. Those who are looking to start out on their trading journey should definitely attend one of our beginner events. They will gain a strong foundation in the basics of how to navigate risks and opportunities of the markets – from FXTM’s Head of Education, Andreas Thalassinos.
“For those who are unable to attend our events, a wealth of information can also be found on our website, including a series of engaging educational videos on ‘Getting Started in Forex’ by market expert John Jergeson. Our local team who are based in Lagos and Abuja, are always available to answer questions from those who are starting out”, Otunuga added.