FXTM Company News

FXTM’s Head of Education in Nigeria, Conrad Okongwu, visited Lagos, Nigeria, for two seminars and a workshop as part of his highly successful E-Trading & Investment Summit series. These educational events are designed for investors wishing to develop their existing forex knowledge and advance their trading skills.

The summit began at the Citiheight Hotel, Opebi, with an interactive seminar on 15 March. The turnout exceeded all expectations, with close to 300 eager traders excited to hear from our acclaimed market educator.

Over the course of the day, participants discovered:

• How to get started as a forex trader
• All about FXTM’s wide array of products and services
• The benefits of our innovative copy trading programme, FXTM Invest.

There was also a chance for participants to ask Conrad their most pressing industry questions, as well as numerous networking opportunities. The enthusiasm was palpable and it was great to meet so many new faces. The day ended with a lucky draw, where 2 of our guests each won a brand-new Android phone while other participants went home with some FXTM giveaways. A second seminar exploring the same topics was held the next day at the same location and was equally as successful.

FXTM’s Market Research Analyst Lukman Otunuga also joined these two seminars, where he delivered a fascinating presentation to guests on key subjects including:

• The Nigerian economy post-elections
• The US economy and what it currently means for the Dollar
• Brexit and its impact on Q2
• A look at Gold prices and potential drivers in the upcoming quarter
• Oil’s impact on both the Naira and Nigeria’s growth prospects.

Lukman’s insights were extremely well-received and encouraged a great deal of discussion and debate amongst the inspired audience.

A three-day workshop followed from 19-21 March at the FXTM Lagos Office in Ikeja, where attendees were able to delve even deeper into the world of trading. 

Topics covered included:

• Trading terminology
• Trading platforms
• Japanese Candlesticks
• Resistance and Support
• Moving Average Strategies
• Risk management, and much more!

The workshop concluded with practical sessions, which enable guests to practice their new skills and strategies with Conrad on hand to help!

Between the 12 and 14 March 2019, FXTM Research Analyst Lukman Otunuga completed a productive media tour in Lagos, Nigeria. Over the course of the tour, Lukman met with major tier 1 business and finance editors to share his invaluable expertise on financial market movements.

On the 13 March, Lukman held a prestigious press conference, where he shared his market insights with major print outlets including The Guardian, The Daily Sun, ThisDay and the Nigerian Tribune. At this special event his expertise was also sought by radio stations Inspiration FM and Nigeria Info FM, and TV stations including Channels TV and CNBC Africa.

A sample of the fascinating topics discussed include:

• Post-election expectations for the Nigerian economy, including the prediction of the Central Bank of Nigeria cutting interest rates
• Outlook on the US economy and Dollar
• Major current geopolitical events, including US-China trade developments
• The impact of Brexit on the markets
• OPEC and oil prices

Watch Lukman’s interview with Channels TV here.

Read about Lukman’s thoughts on Nigeria’s economic potential here.

Back by popular demand, the E-Trading & Investment Summit returned to Abuja at the end of March for three more packed events. FXTM Nigeria’s flagship educational series has won fans throughout Nigeria and beyond for their comprehensive, practical and always enjoyable seminars and workshops. It was a joy to meet so many of our traders in Abuja at these latest events.

First came two successful seminars on 22 and 23 March at Newton Park Hotel, which were completely free to attend. Hundreds of attendees came to learn the essentials of getting started as a forex trader. Participants were excited to find out more about the scale and flexibility of FXTM’s products and services, including our automated investment programme FXTM Invest.

After enjoying the opportunity to ask FXTM Nigeria’s Head of Education Conrad Okongwu any questions they still had about trading currencies, attendees took part in a nail-biting raffle draw. The lucky winners went home with brand-new Android phones, while everyone else enjoyed the free giveaways on offer.

We were pleased that so many of our seminar attendees came back for the advanced three-day workshop. This ran from 26 to 28 March, and gave participants expert insights into the mechanics of trading. Traders could put what they learnt into practice by trying out their new skills in hands-on sessions, overseen by Conrad.

Some of the important topics covered included:

• Navigating the global markets
• The different features of trading platforms
• Technical analysis and Japanese candlesticks
• The basics of resistance and support
• Moving average strategies
• Risk management techniques
• Trading psychology

FXTM hosted a lavish Iranian New Year gala dinner in Istanbul, Turkey on Sunday 24 March. An impressive 150 forex enthusiasts gathered at the stylish Eresin Topkaki Hotel for an exciting evening of live music and entertainment, a delicious dinner and high-tech prize giveaways.

The exclusive event began with a presentation by FXTM’s distinguished Chief Market Strategist (Gulf & MENA) Hussein Sayed on the market outlook for Q2 2019, discussing potential market events for investors to watch out for. FXTM Business Development Manager Afshin Mehdizadeh then delivered a fascinating insight into FXTM’s industry-leading products and services, as well as our extensive educational programmes.

The Iranian New Year celebrations continued with an outstanding performance from the live Persian Music Band. This added to the wonderful atmosphere of the night, as guests thoroughly enjoyed a lovely dinner and the chance to network and socialise with other traders.

The fun didn’t stop there! Another highlight of the evening was our lucky prize draw, which saw one fortunate participant leave with an iPhone X, and two others gifted with an iPad Mini.

It was definitely a night to remember! FXTM was absolutely thrilled at the turnout, as it exceeded all expectations. We are always pleased to meet so many of our loyal traders and fellow financial devotees, but it was particularly exciting on this occasion to connect with so many new faces. We would like to thank everyone that attended, and all that helped to make the evening such a terrific success.

Please note that in observance of the upcoming national holiday in China (Ching Ming Festival) on 5 April 2019, there will be temporary changes to FXTM’s trading schedule.

Please refer to the table below for the schedule of all the instruments that are subject to changes.

*All hours are provided in EET (Eastern European Time) – Server Time in MT4.

Please note that in the event of decreased liquidity in the market, FXTM may switch trading on low-liquidity instruments to “Close Only” or can close all trading on these instruments.

Additionally, in the event of low liquidity, spreads might significantly increase from their normal average level.

If you have any questions or concerns about these changes, please don’t hesitate to contact FXTM’s dedicated customer support team. We are always happy to help.

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FXTM were proud to have attended the Jordan Forex Expo 2019 on the 13 and 14 March as Gold Sponsors. This was the 14^th year that this prestigious event has taken place and it continues to establish Jordan’s excellent reputation as a financial hub for the region.  The Expo took place at the grand King Hussein Bin Tala Convention Centre and was a huge success.

This event was free of charge and gathered financial market experts, investors and traders of all experience levels and backgrounds for a day of educational seminars and presentations.

Highlights from the Jordan Forex Expo included:

• The FXTM Team’s presentation of creative products and services
• Insights into possible investment opportunities from leading voices across the currencies, stock indices and commodities markets
• ‘Popular Trading Analysis Strategies’- a seminar on the second day of the expo by FXTM’s Chief Analyst Chief Market Analyst for the Gulf and MENA region and CNBC Arabia anchor.

Attendees who joined us for Hussein’s engaging seminar were also invited to a delicious complimentary dinner, which provided numerous networking opportunities.