Online trading academy new york reviews nigerian stock exchange issuers portal nigerian stock exchan

Online trading academy new york reviews nigerian stock exchange issuers portal nigerian stock exchanOnline trading academy new york reviews nigerian stock exchange issuers portal nigerian stock exchange forum luxembourg stock exchange announcements

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Nigerian stock exchange launches online trading

Nigerian stock exchange launches online tradingNIGERIAN STOCK EXCHANGE LAUNCHES ONLINE TRADING

Stockbrokers began full remote on-line system of trading on the Nigerian Stock Exchange last, thus placing the Exchange ahead of its peers in Africa in terms of technological development.

The full remote trading would complement the successful upgrade of facilities of the Automated Trading System (ATS) done last year. Already, experts from Canada have come in to interconnect the ATS with the Central Securities Clearing System (CSCS) to facilitate the remote trading system.

Mr Mike Salik and Mr Ardel Halin, computer operations experts were introduced to stockbrokers by the Director General of the Exchange, Dr. (Mrs.) Ndi Okereke-Onyiuke on Thursday.

She explained that with the full remote trading, stockbrokers could now trade on-line from anywhere all over the world and the incidence of fraud would be reduced.

Nigerian entrepreneur

Nigerian entrepreneurForex Trading In Nigeria: Who Is Making The Money?

Online Forex Trading In Nigeria

The rush to join the online millionaire club is as high as ever in Nigeria. No thanks to the present economic hardship being faced by the populace. Nigerians are tired of waiting endlessly for the promised Dividends of Democracy . Too many are complaining that the only evidence of democracy they have so far is their empty pockets. Therefore, any magic formula to solve the problem overnight is highly welcomed. So, Online Forex Trading in Nigeria to the rescue!

David Ajao did an unbiased post about Online Forex Trading about a year ago. The post Forex Trading In Nigeria: Your link to Fabulous Wealth? addressed some issues which any wise Nigerian investor will need to thoroughly consider before committing fund into Forex Trading. Unfortunately, not so many have learned anything from that post. A look at the recent comments on the post reveals that too many are still IGNORANT of the issues surrounding FOREX trading.

If I did not learn anything from my little romance with Online Forex Trading, at least I learned the following:

Success in Forex Trading is possible when you take time to learn the business ( it does not come overnight, it is HARDWORK!). Forget about the Magic Automated Forex Trading Softwares . they will only make a fool of you. Hey, buddy, put on your thinking cap, if those software are real, why will anyone tell you about them?

Just as it is possible to make fabulous wealth from Forex Trading after getting the required skill (which does not come cheap) so you can also loose so much and become bankrupt in a matter of seconds (So, many half-baked forex traders have paid dearly for their ignorance). Have you bothered to ask, Why all the hype about the fantastic amount you can make daily, and nobody is talking about the loss you can incur in seconds? You want real testimonies from people who have lost good money, I have some. Ok, enough of the ramblings, lets answer the question.

Who Is Making The Money Trading Forex in Nigeria?

First, the educated forex traders who have acquired the necessary knowledge on how the Online Forex Market works. Note, they are not many, and they do not boast about their success. One of such trader testified that he spent 3years learning the rudiments and playing with demo accounts before using real cash. Do you have such patience? Are you prepared to pay the sacrifice of learning the Trade? You must learn the trade before the tricks. else you will only get tricked by scammers.

The second set of earners are the scammers who are making a lot of money by tricking ignorant Nigerians. There are thousands of self-certified Online Forex Trading Professors in Nigeria. They offer short courses on how to become a millionaire by trading forex. Their charges ranges between $40 to a whooping $1,200. As far as they can see, the only prerequisite to making money via forex trading is the ability to move a computer mouse! What a promise! Yet the newspapers and how-to-make-money magazines are filled with their advertisements.

I promised you a real testimony, here it is. About a year ago, two close friends of mine paid One Hundred and fifty Thousand Naira each (about $1,282) each for a one week training on Online Forex Trading. My friends and I were sincere and genuine in our quest for knoweldge, and the promised education looked real enough. I was meant to participate in the training, but I failed to raise the course fee before the deadline. After the training, my friends recounted how it was a huge success and they wished I was there. Well, poor me, I tried to parasite from the knoweldge they acquired by reading the materials given to them and practicing online with the demo softwares provided.

Unfortunately, it turned out that the so called teachers were economical with the truth. We were not informed that it is not possible to start trading and earning good return after a one week crash course in Forex Trading! It did not take a long time for us to discover first hand that the training was actually a scam because it was just an introduction to a business that requires detailed and consistent learning, non-stop! If they had told us the truth, we will not be willing to buy the course even at a discount of 90%! All the material and software they gave are actually available for free online. We were just scammed (never mind that I didnt take the course, if the cash was available, I would have paid, so I was gullible just like my friends, no need pretending that I was smarter).

It pains my heart that one year after that close call I had, I still see a lot of Nigerians falling prey for this cheap scam. To start with, the infastructural facilities on ground makes it very difficult for an average Nigerian to participate in live online fx trading. Too many are using dial-up internet connections that are epileptic. The few that are using VSAT still suffer poor connection whenever the weather becomes cloudy especially in rainy seasons.

That factor alone is enough to make an average Nigerian think twice before committing so much money in Forex Trading. I decided to discountinue the venture because of the high risk due to the epileptic internet connection. I can easily recount how on several occassions I had loose some minutes work online due to electricity failure or epileptic internet connection.

This post is not meant to discourage you from going into Forex Trading. Neither am I classifying Online Forex Trading as a no go area for Nigerians. Rather it is just a personal testimony of my sincere observations. Belief it or not, only two sets of people are making money from Forex Trading in Nigeria. The few educated and skilled forex traders make money from Forex Trading while the fake forex trainers make money from greedy and ignorant wannabe forex millionaires . Unfortunately, the scammers are more in number.

If you have a different opinion, place your facts and figures in the comment section for everyone to verfiy. I welcome constructive criticisms. Please, note that unverifiable claims that is meant to further lead people astray will be pointed out as such or better still deleted, SCAMMERS BEWARE! For free future updates to this post Forex Trading In Nigeria: Who is making the Money, subscribe to my RSS .

Hi, if you're new here, you may want to subscribe to my RSS feed. That way you will not miss any update. Thanks for visiting!

Why meritrade introduced online trading platform

Why meritrade introduced online trading platformWhy Meritrade introduced online trading platform

May 12, 2014 at 12:11 am in Business


Meristem Securities Limited, a dealing member of the Nigerian Stock Exchange, NSE, has said it introduced Meritrade online platform for local and international investors to maximise opportunities in the Nigerian stock market.

Meritrade is an online stock broking platform, which allows users to buy and sell stocks online through the Nigerian Stock Exchange from the comfort of their homes, offices, cars and even on the go.

The platform defines stockbroking in entirely different language and creates a world class experience, bringing the broker (electronically) to the comfort of investors’ homes and offices.

Head of stockbroking, Meristem Securities, Mrs. Gbadunola Sokunbi told Vanguard that Meritrade comes with ease and is for the benefit of the retail segment of the Nigerian capital market; thus, making Meristem contribute to the positioning of the NSE to champion the acceleration of Africa’s economic development while creating durable wealth.

The Meritrade platform will guarantee investors’ convenience as it will enable retail investors to open stockbroking account without having to walk into a stockbroking house from wherever, whenever and even on the go.

It will also enable investors fund their accounts by making deposits without necessarily walking into a banking hall, place orders for prompt execution and receive contract note instantly.

Other benefits of the platform are real-time notification on trade execution, trade the way an investor wants, manage and take full control of investors’ investments at all times as well as explore market data and quality research reports.

The development of the new trading platform has become imperative with the NSE’s recent launch of its new trading engine, the X-Gen platform, which enables completion of trading transactions without human intervention, she said.

Sokunbi said meritrade presents stock-trading experience in an unprecedented form, remarking that indeed it is the beginning of a new era in the Nigerian capital market.

She enjoined investors to enjoy this fairly extensive walk-through system and its Mobile Apps.

Forex broker incbroker review

Forex broker incbroker reviewForex Broker Inc. Account Types

Forex Broker Inc. is a forex broker that specializes in the Metatrader 4 platform. If you need an MT4 broker, than compare this review to some of the other reviewed brokers on our site to give you an idea of which one will suite you best. You should be looking at things like their overall rating voted by us and our users, but also their location, if their regulated, if they allow what you want to do like scalping etc. Also check out their available account types, a broker with a good rating may not have features that you want.

Forex trading brokers in nigeria

Forex trading brokers in nigeriaForex trading brokers in nigeria

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Barrons broker review2014

Barrons broker review2014Barrons Broker Review 2014

These are the results and highlights from the Barron's 2014 Best Online Brokers review. The Barron's annual broker review assessed 20 brokerages on several categories including: trading experience, trading technology, usability, mobile trading, range of offerings, research amenities, portfolio analysis and reporting, customer service, education, and trade costs. They then rate the brokers with stars for each category and overall rating. In addition, they rank the brokers in order. There were some newcomers to their review for 2014.

Online trading websites in nigeria-best binary option signals service

Online trading websites in nigeria-best binary option signals serviceOnline trading websites in nigeria - Best Binary Option Signals Service

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Instaforex online forex broker review

Instaforex online forex broker reviewInstaForex Online Forex Broker Review

Internet Forex Guide

Forex trading has become very popular with the advent of the internet. There are so many different brokers out there and literally millions more

InstaForex Online Forex Broker

Features of InstaForex Trading

InstaForex has many different features that easily attract customers into its fold. Perhaps the most obvious of this is the choice that customers have when it comes to trading. With 107 different tools related to currency, 37 related to American shares and the possibility of gold trading as well, InstaForex definitely gives opportunities to customers under one roof that they might need multiple websites to achieve otherwise. Annual interest of 13% on the non-traded balance is also something that few other online brokers will offer.

Finfx review finland based forex broker

Finfx review finland based forex brokerFinFX Review. Finland Based Forex Broker

So quite a few fx robots have come out lately wanting us to use a new broker. We decided to take a look at this brokerage we had never heard of before, FinFX .

The #1 raw spread broker.

So lets take a look right away at the FinFX trading conditions. This is what you need to know before you make your decision on this fx broker.

FIFO rules are not applicable at this forex broker.

FinFX claims that Forex Robots enjoy the best possible conditions. we assume this mean they operate well.

No restictions seems to be the main theme at FinFX, as scalping and hedging are both allowed.

Spreads start from .2 pips and prices are quoted at 5 decimal places.

All this information about the forex broker finfx does make them sound like an ideal candidate for any trader. The site looks slick, well run, and we contact support and they took mere minutes to respond. We actually got a hold of a finfx representative on the phone immediately as well so we were quite impressed by their effort in this regard.

You can open demo accounts or live finfx accounts as well.

From what we have heard thus far about finfx forex we are very impressed. We will be adding more information to the finfx review as we hear more from our users and learn more about this broker. At this point in time we think you can try to setup a finfx account and test out their services.

If you have any information about FinFX that you would like to contribute to our review please feel free to leave a comment below and contribute to the discussion.

Etrade vs tradeking review

Etrade vs tradeking reviewETRADE vs TradeKing Review

TradeKing vs Etrade

StockBrokers 2014 review compares Etrade vs TradeKing . Compare Etrade and TradeKing trade commissions, fees and overall broker ratings by using the chart above. Is Etrade or TradeKing a better online broker? The StockBrokers staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.

There is a very large price difference of $5.04 per stock trade between ETRADE and TradeKing. ETRADE's per trade stock price of $9.99 is significantly greater than TradeKing's per trade stock price of $4.95.

The ETRADE's "Overall" rating of 5 stars is a slight advantage over TradeKing's "Overall" rating of 4 stars.

Only ETRADE has an iPad app for tablet trading while TradeKing does not support the device at this time. You can find the app in the iTunes app store. Both ETRADE and TradeKing have an iPhone App for mobile trading.

Plus500forex broker short review

Plus500forex broker short reviewPlus500 Forex broker short review

Plus500 is an online broker specializing primarily in the forex market. Based in London, UK, Plus500 is also authorized and regulated by the British Financial Conduct Authority (FCA). The company is registered under the name Plus500UK Ltd with registration #07024970. The FCA registration number for the firm is ID #509909.

Plus500 is one of the largest and most trusted Forex brokers for a number of reasons. Other than being authorized and regulated by FCA, everything at Plus500 is designed with the newbie Forex traders in mind – from the clutter free interface with its clean design to the $25 welcome bonus available to everyone with no deposit or download required.

Please note that Plus500 does not accept Forex customers located in the United States, therefore, if you are located in the U. S. we suggest choosing another Forex broker. As you can see in the customers comments below Plus500 is a very trustworthy and reputable Forex broker that can really be recommended for non US customers.

Etrade vs scottrade review

Etrade vs scottrade reviewETRADE vs Scottrade Review

Scottrade vs Etrade

StockBrokers 2014 review compares Etrade vs Scottrade . Compare Etrade and Scottrade trade commissions, fees and overall broker ratings by using the chart above. Is Etrade or Scottrade a better online broker? The StockBrokers staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.

There is a $2.99 difference in the per trade stock price for ETRADE and Scottrade. Scottrade's per trade stock price of $7.00 is a little less than ETRADE's per trade stock price of $9.99. Scottrade ($17.00) has minimal mutual fund trade commission savings when compared to ETRADE ($19.99).

The ETRADE's "Overall" rating of 5 stars is a slight advantage over Scottrade's "Overall" rating of 4 stars.

Both ETRADE and Scottrade have an iPhone App for mobile trading. An iPad app for mobile trading on the popular tablet is available for ETRADE and Scottrade to download on iTunes .