Forex trading has become incredibly popular in Nigeria. Each day, retail forex traders in the country trade between ₦300-450 million. If you’re still unsure whether to join their ranks, discover what makes trading in Nigeria so special:

• Being in control of your own finances is more appealing than ever, given Nigeria’s high unemployment rate. Forex trading has a low barrier to entry, as you only need a small initial investment, an internet connection, and a decent mobile or computer. It gives you the freedom to live where you want and work when you want too.
• As Nigeria is only one hour ahead of the United Kingdom, it’s easy to trade during the London session. You can trade during normal business hours, so you needn’t lose sleep or time with your family and friends.
• Forex trading is a great way to avoid the Naira inflation rate. Currently estimated at 12%, losing this much wealth every year is painful. If you register with the best forex brokers in Nigeria, you can avoid this issue completely by keeping everything in a different, more stable currency.
• Forex trading allows you to take advantage of a liquid, yet dependable, market. You cannot say the same of the Nigerian Stock Exchange, where activity is unpredictable and often underhand.