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Forex

TYPECLASSICPro-ECNPRO-VIP
SPREAD FROM1.4 pips0.1 pips0.1 pips
LEVERAGEup to 400:1*400:1*ON REQUEST
MINIMUM DEPOSIT$0$250$2000
MINIMUM TRADE VOL0.010.010.01
COMMISSIONNOFrom $5 per lot**From $1.50 per lot***
EA TRADINGYESYESYES
STOP OUT LEVEL30%30%FROM 30%
EXECUTION TYPEINSTANTMARKETMARKET
SUPPORTFREE EDUCATION COURSEINDIVIDUAL TRAININGDEDICATED ACCOUNT MANAGER

Frequently asked questions about Forex.

Forex-based questions answered for you in 2 sentences or less.

What is Forex Trading?

Forex means ‘Foreign Exchange.’ It’s a trade placed on the speculated price difference between one currency exchange and another.

What are some Forex Pairs?

The assets traded in Forex are called Forex pairs or currency pairs. Examples of Forex pairs are EUR/USD, USD/CAD, USD/CHF, EUR/GBP.

Is Forex trading legal in Nigeria?

Forex trading is completely legal in Nigeria. The SEC and Central Bank are the regulators of Forex in Nigeria.

What do I need to start trading Forex?

You need a funded trading account and trading knowledge. Egmarkets can provide both of those.

Where can I learn Forex trading?

You can follow this link to join a webinar and this link to our YouTube where you will find countless videos on Forex trading.

What is a pip?

Pip is short for ‘Percentage in Point.’ Prices in the financial markets are quoted to the fourth decimal point (0.1234), and a pip is the 4th decimal point, representing 1/100th of 1%.

Forex trading for beginners

If you’re a Forex trading beginner, things might seem a little confusing but you’ve come to the right place. Egmarkets’ Forex trading education classes help you learn how to trade Forex.

Is there really a thriving Forex market?

A 2019 survey revealed that every day, an estimated $6.6 Trillion moved through the Forex markets. The market is definitely thriving and anyone can benefit from it.

Egmarkets

Range of Markets

  1. MT4 Markets
  2. Coming soonEagletrade Markets
Indexa

Risk warning: Derivative products are leveraged products and can result in losses. Please ensure you fully understand the risks and take care to manage your exposure and seek independent advice if necessary. It’s important for you to consider relevant legal documents before you decide whether or not to trade any of our products. All our trading accounts have negative balance protection.

Egmarkets is the trading name of Eagle GM Limited, a company registered in Nigeria with RC 1322866 at address Floor 4, The Bureau, 28 Raymond Njoku Street, S.W. Ikoyi, Lagos.

Egmarkets (UK) Limited is registered in the United Kingdom, 34 South Molton Street, Mayfair, W1K 4RG. Company Number: 12155018.

EGM Analytics Limited is registered in the United Kingdom, 20-22 Wenlock Road, London N1 7GU. Company Number: 12901768.