AMarkets: Growing Forex Broker In Nigeria

Forex trading has become extremely popular recently. It is an excellent source of extra income. If you live in Nigeria and think about trying your hand at trading, the first thing you need to do is to pick a trustworthy brokerage company. Among the key criteria when choosing a broker is its presence in your country of residence. AMarkets, for example, is an international Forex broker with two representative offices in Nigeria and vast experience in working with Nigerian clients.

AMarkets has been providing impeccable service for over 13 years, offering 250+ financial instruments for online trading and investment, including currency pairs, CFDs, metals, bonds, stocks and commodities.

The broker pays special attention to the safety of its clients' funds. AMarkets is a member of the Financial Commission, an independent external dispute resolution organization, which provides a compensation fund for up to €20,000 per each trading claim. This way, every client can be sure that their funds are safe and the company will fulfill its obligations in any situation.

The broker offers 3 types of trading accounts: Standard, Fixed, and ECN with both instant and market execution, which meets the needs of both beginner and professional traders. AMarkets website also contains a comprehensive knowledge base with a special section of video tutorials and trading tips available to all novice traders. So, if you're taking your first steps in financial markets, you should definitely browse through this section.

AMarkets uses advanced liquidity aggregation technologies, provides direct access to the interbank market (STP, ECN mechanisms) and ensures ultra-fast order execution. When it comes to certain trading strategies (scalping, for example), the execution speed can be extremely important. AMarkets executes its clients' trades in a blink of an eye. The broker can boast the highest execution speed in the industry - just 0.03 seconds.

Every reliable broker should confirm its reliability and business success. AMarkets participates in various industry-related events and exhibitions. The broker has won a number of prestigious international awards and nominations over the years. Not long ago, AMarkets once again proved its leading positions in the industry by adding two more valuable awards to its shelf - the Best Copy-trading platform Nigeria and the Best Affiliate Program Nigeria 2021 at the International Business Magazine Awards.

To make its clients' trading even more profitable, the broker runs various contests and promotions. The broker offers an attractive Cashback program that allows its clients to return part of the spread back to their accounts. This is a multi-tier loyalty program. It has several levels with a cashback rate per lot for each level, depending on your trading turnover. The more you trade, the more cashback you return from your trades.

If you don't have enough expert knowledge to trade on your own yet, you can become an investor with the AMarkets RAMM copy trading service (Risk Allocation & Money Management). It allows you to earn in the financial market by following the strategies of experienced traders and copying their trades to your investor account. Simply select a suitable strategy from the Strategy ranking and start copying its trades.

The service can also be beneficial for experienced traders who can create strategies and make an additional income from investor commission. So, if you are a professional trader looking for an extra source of income, you can consider the RAMM copy trading service.

This article does not necessarily reflect the opinions of the editors or the management of EconoTimes