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about forex

Hi all! I’ve been hearing mixed opinions about forex — some say it’s a scam, others say it’s the future. What’s the real deal, especially for Nigerians?

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Rodgery Novaho·

Hello! The truth lies somewhere in the middle. Forex isn’t a scam, but it’s often misrepresented by people who promise easy profits. For many Nigerians, especially in cities like Lagos or smaller towns, it’s a way to explore financial markets and opportunities beyond the limitations of the local economy. But success in forex requires education, discipline, and risk management.
If you’re serious, I highly recommend reading a detailed piece on Trading in Nigeria. It will give you a clearer picture of what to expect, the challenges involved, and how to build a solid foundation before you start trading live.