₦airaland Forum

Any opinions on this thrilling forex competition?
www.forexrally.trade/lp/nigerian-forex-championship?utm_source=nairaland

About Forex Rally, FRNG Ltd

Forex Rally, an international forex brokerage launched its local subsidiary operations in Lagos, Nigeria, September 2015. Declared the Best New Comer Broker in the Region at the Lagos Forex Expo 2015, Forex Rally is already paving the way in Nigeria making forex and its education accessible through analysis, books, seminars, webinars and much more. Forex Rally offers highly competitive brokerage service to emerging financial economies by infusing cutting edge, low transaction rates with an array of financial instruments to clients an unmatched trading experience. Services include trading and investment in Forex, commodities, precious metals. shares, indices and other financial instruments. Their goal is to prioritise a seamless customer service experience to their clients who are paramount to their business. Forex Rally Nigeria (FRNG Limited) is a subsidiary of Forex Rally Limited.

For more information about Forex Rally please visit: www.forexrally.trade

1st Nigerian Forex Championship

Forex Rally will be the first brokerage to introduce this unique and exciting trading competition in Nigeria this November 2015. The competition is designed to encourage local traders to achieve their financial goals. For three months beginning November 2nd to 29th January 2016, competitors have the opportunity to win thirty prizes from a fund worth over a hundred thousand dollars. The Champion will be awarded a grand prize of luxurious Toyota HiLux. To be eligible to participate, competitors must be over 18 years and hold Nigerian citizenship. Register by opening a contest account at www.forexrally.trade and deposit a minimum of $500 dollars or 100,000 Naira. The winner will be the trader with the highest number of points determined by three categories; ROI (Return on Investment), Deposits amount and Turnover. Competitors can join the contest at anytime and will still have a fair chance to win the grand prize due to the points ranking system.

In this market, there is not an equilibrium between losers and winners. From a total of 100%, around 20% are winners, 10% are managing to keep themselves on breakeven and around 70% are thrown out of this market. These statistics have slightly changed during the last decade. The percentage of winners is rising every year that passes because this domain got awareness and traders educate themselves better and better.

Because of this imbalance between winners and losers, myths were born. Let us tell you what are the most common myths in trading Forex:
http://www.slideshare.net/ForexRally/6-myths-about-forex-trading