Forex trading requires experience and education in order to master the various dynamics of this vast and volatile financial market.
Numerous Namibian investors have taken the foreign exchange (Forex) trading industry by storm and achieved remarkable levels of success as a result of their efforts.
Nigeria is a sovereign nation located in West Africa and has a population of around 201 Million people who have the ability to trade forex. To this day, more than two million Nigerians are engaged in foreign exchange trading, and the number is rapidly increasing.
One of the best means of learning about Forex trading is to follow in the footsteps of some of the most successful traders in the industry. In this article, we have listed the 7 best Forex traders to follow in Nigeria, who will provide newbie Nigerian traders with important insight and inspiration.
1. Chinedu Onuoha
According to forexbrokers.ng, this Nigerian forex trader began by trading forex before branching out into other markets including commodities, futures, and stocks, for example. For the past twelve years, he has been actively trading forex and has been teaching other Nigerian traders who are just getting started.
He attributed much of his success in Forex trading to researching and applying the best Forex strategies for long-term growth.
2. Benjamin Ilesani Ajimoko
When it comes to forex trading, Benjamin Ajimoko is a skilled trader who has mastered the art of having the appropriate mind-set and trading psychology. He has since gone on to become a full-time forex trading instructor.
Aside from gathering forex trading experience, the enormous globe of trading knowledge he has accumulated is the key to his success, according to forexbrokers.ng.
3. Patrick Ogagbor
One of the most successful forex traders in the world is former Zenith Bank employee Patrick Ogatogbor, according to forexbrokers.ng. Patrick Ogagbor is a former banker who made the decision to leave his full-time employment in order to pursue a career as a professional trader in the foreign exchange market.
He was always on the lookout for new ways to succeed, thanks to his insatiable entrepreneurial curiosity which eventually led him to apply his lateral thinking to trading the Forex market successfully.
Because of his history, he had a significant amount of understanding regarding finances at the time, and he entered the foreign exchange market in the year 2003. Soon after he experienced his first win trading forex, he came to the conclusion that he wanted to earn a living doing it.
He attributes his accomplishments to the process of acquiring the required knowledge and building a consistent trading technique.
4. Sandile Shezi
South African-based businessman Sandile Shezi has Nigerian roots and grew up in extreme poverty. By borrowing university tuition money, Shezi became one of Nigeria’s youngest and most successful FX traders.
Even though he had no prior trading experience or economic training, he was able to turn a tidy profit trading stocks and currency.
In order to help people who are interested in getting started in forex trading, Shezi has dedicated a large amount of his time to studying the many terms, trading methods, and risk management systems that are used in the industry.
5. Blessing Ezeako
Blessing Ezeako got her start in the forex market by learning about various trends and trading tactics that are unique to the forex market. A full-time job didn’t deter her from learning everything she could and eventually growing from a part-time trader to a full-time Forex success story.
In addition to her considerable achievements in the industry, she has opened doors for other women interested in pursuing careers in the Forex market.
Ezeako began his venture into Forex trading by educating herself on the various tendencies and strategies associated with the market. She worked a great number of sporadic hours and approached the entire process as a learning opportunity.
This was accomplished while Ezeako maintained his full-time, conventional job. This was in no way an easy assignment to complete. In the end, she made the decision to pursue Forex Trading as her primary occupation.
She, like many other traders, did not instantly find success in trading and had some significant losses as a result. But even though she had some losses, she ended up making a lot more gains and getting a much better handle on the business.
She has worked hard and consistently, and as a result, she has earned a spot on the list of the Most Successful Forex Traders in Nigeria. This recognition is well deserved.
6. Ajidahun Afioluwa
Like other successful forex traders, Ajidahun Afioluwa didn’t become wealthy overnight. One after the other, his losses piled up to a point where most traders would have given up.
Even though his first forays into the forex market resulted in nothing but losses, Afioluwa remained steadfast in his desire to learn and grow, despite the setbacks he encountered.
He researched a variety of approaches and came up with one that was uniquely tailored to his preferences and circumstances.
7. Uche Paragon
In 2007, Uche Paragon started to research the various ways in which money may be produced online, and he launched his FX trading business as a result. An explanation of how forex trading yields percentage-based profits captured his eye.
This unique description piqued Paragon’s interest, so he decided to investigate further. He made his first foray into the world of finance and profitable trading with binary forex trading.
The strategy that Paragon employs has helped him become one of the most well-known Forex traders in Nigeria. The success that Paragon has had with binary trading is due in large part to the years that he has spent honing his craft.
As a direct consequence of his achievements in foreign exchange trading, Paragon decided to engage in commodity trading and quickly became wealthy through an investment in crude oil.
The consumption of an energy resulted in Paragon accumulating even more wealth, which propelled him forward financially.
In order to give back to his society and to provide opportunities and support to Nigerian investors who are eager to learn, Paragon established a trade school in both Lagos and Port Harcourt.
One of the wealthiest Forex traders and businessmen in Nigeria, Uche Paragon is currently thought to have a net worth of approximately 16 Million Dollars, according to the most recent estimates.