What Is Forex Trading? Forex is a combination of two words; foreign and exchange. When people exchange foreign currencies in a decentralized market to make profit, it is called forex trading. The Forex market is one of the most liquid markets in the world. In 2019, the global currency trading turnover surged to more than
Nigeria, being the world’s 27th largest economy in terms of GDP, has a lenient regulatory framework concerning the scope of forex brokers. According to All Africa, nearly 300,000 people trade forex as retail traders in Nigeria. Owing to the increasing number of traders across the country, many forex brokers have started setting up their regional
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General Disclaimer: ForexToStocks is an independent website managed by Bowen (that’s me), who, despite a background in financial trading and accounting, should not be considered an “expert” on all financial matters. The knowledge shared on this site comes from his own personal research and experience. He does his best to provide accurate, useful information about financial products and services, but makes no guarantee that all readers will achieve the same level of success. If you have questions, consult a licensed financial advisor.
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