The Guide to Binary Option Trading

It was 4th of October 2021 when Facebook (along with WhatsApp) went down for more than 7 hours. If this has happened to such a tech giant, any other online platform can witness a similar incident. Visit eateries, BRT buses, or even your friendly neighbour’s hotspot during the day to handle tasks like email, social media checks, or light browsing. The FinTech and IT specialists behind Pocket Option are passionate about implementing features and listening to their customers’ suggestions.

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What’s especially helpful for traders is how easy it is to fund other platforms from Kuda. With a fast app and instant transfers, it’s a practical tool that sits at the center of your financial routine. What sets Exness apart is the way it blends forex and commodities and more within one platform. You don’t have to bounce between apps to access different markets—you can manage both from a single login.

Global Health Funding And Nigeria’s Dilemma

Whether you’re learning how currency pairs respond to economic news or experimenting with gold volatility, the platform scales with your needs. For beginners, Exness offers straightforward onboarding, demo accounts, and an intuitive dashboard. For more experienced users, it delivers tight spreads, real-time price updates, and customizable account types to match trading goals. When it comes to global market access, Exness is quickly becoming a favorite among Nigerian traders.

The Ubiquity of Mobile Technologies

You may also get your money back if the market doesn’t move (go high or low). So choosing the right broker who can offer high payoff rates becomes crucial. Pocket Option has one of the highest payoff percentage rates at up to 128%. Moreover, you have access to over 100 assets in forex pairs, commodities, stocks, and cryptocurrencies. Exness, the world-renowned broker, has a mobile app with an intuitive dashboard where you can trade stocks, metals, commodities and more with built-in lines and candle charts that make the trading analysis smooth and easy – all done with only a few clicks. Download it today and cut your teeth on trading Trade with Pocket Option with a demo account and whenever you feel ready, make your first deposit with the payment of your choice (Skrill, Bank Card and more).

Find the right broker

It’s much better to go for a mobile app that provides such customer service even if you don’t need to use it that much. Established in 2017 by Infinite Trade LLC, Pocket Option is a leading brokerage app because of its innovative trading experience for virtually everyone worldwide. What started as a small agency with only a handful of customers exploded to incorporate over 10 million registered years in just two years. These are some of the critical elements of the application that give it a global regard in the stake realm. A noteworthy firm will allow access to valuable tools and game plans to assist you in your trades. You can use its technical indicators, such as moving averages and Bollinger bands, to strategize how to enter the financial market and open a position.

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• In the end, scammers disguise themselves as support and rip them off completely.
• When it comes to global market access, Exness is quickly becoming a favorite among Nigerian traders.
• Data struggles are real, especially for young ballers who must stay lit on the gram and tweet every fire meme.
• Visit eateries, BRT buses, or even your friendly neighbour’s hotspot during the day to handle tasks like email, social media checks, or light browsing.
• The more intentional your system is, the more likely you’ll stick with it and grow over time.

The technology supports large number of users, with high Quality of Service which can be delivered over long distances. He assured that the government is putting measures in place to ensure that the problem of street trade is tackled. He added that even when roadside traders were handled strictly by constituted authorities, residents would be the first to tackle the government that the traders were being deprived of their livelihood. Over the years, the Lagos State government has made concerted efforts to curb the menace of street trading, but the practice has continued to defy measures put in place or policies formulated by successive administrations.

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• I have a strong feeling that some of these levies are not remitted to the local government.
• If we want to trade with binary options, we pick the asset our option should be a derivate of, chose an expiration date, the amount we want to invest and whether we expect the asset to rise or fall in value.
• This has raised serious concerns about the government’s commitment to revitalising the sector.
• Movies, music albums, even e-books – stock up your digital library while the night is young.
• Many inexperienced investors suffer drawbacks and fail to develop a deeper understanding of the market because they fail to develop their own skill due to over dependence on others.
• These will go a long way to resolve chronic illiquidity challenge that the power sector has faced for decades.
• Confirmation are an important process so you can cover your bank account and you may funds from unauthorized accessibility as well as adhere to all the economic laws and you can AML conditions.
• The worldwide change platform, hasn’t simply modified its software for different places, but also delivered several regional and worldwide percentage possibilities.
• When you combine the sensor with the latest Blackmagic Generation 4 Color Science, you get the same imaging technology as our most expensive digital film cameras.

Since the app’s debut, the developers have launched social trading, an affiliate program, a chat system, numerous trading schemes, and customizable interfaces. With a solid base of millions of registered users, Pocket Option has high customer loyalty. Because of this facet, the app’s creators have encouraged users to participate in trading tournaments to receive bonuses, gifts, and promo codes.

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He declared that the era of aid or “free money” is over, and African nations must now pursue development through investment discipline, rather than relying on aid as a component of government revenue. In the light of these challenges, WHO is urging countries to explore domestic funding options, viewing the crisis as an opportunity to reduce reliance on external health financing and to strengthen local health infrastructure. Our current system, stitched into the 1999 Constitution, is a tailor’s nightmare, ill-fitting for a nation of 250+ ethnic groups and rich communal traditions. It breeds a zero-sum circus where politicians chase federal patronage rather than serve voters who elected them to serve. Since 1999, Nigerian politicians have looted over ₦1.5 trillion according to EFCC estimates. Corruption festers unabated in this administration with whispers of an APC “rigging super-structure” ala INEC, security forces and the courts cast shadows over electoral integrity.

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Another option for automated saving and beginner-friendly investing is Cowrywise. It functions similarly to PiggyVest but with an added emphasis on mutual funds and low-risk investing. For Nigerians curious about U.S.-based stocks and real estate-backed portfolios, Risevest opens the door.

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To fight fraud, many government bodies have installed regulations and licensing processes. Make sure the app of your choice follows your country’s laws and has the appropriate licenses. Let’s say this asset our binary option is based on is the value of Google as a company.

But hold up, before you dive headfirst into YouTube tutorials and endless TikTok scrolls, let’s unlock the true potential of those precious night bytes. Knowing the ins and outs of a broker can help you decide whether you should invest in it, as your choice will affect your overall trading experience. FutureMe Flex is a unique account designed to bank Nigerian students from 15 – 26 years old in tertiary institutions. The product is designed to grow with the customer and ensure financial inclusion. Abdurraheem Ahmad Sayi is a legal practitioner and Consultant of over 16 years of active legal practice. The overall investment returns can be affected by performance Fees as different platforms may charge a fee for the mirroring service which they offer.

The opposition, a squabbling troupe of PDP and Labour Party players, lacks the script to challenge the dominance of the ruling party, bickering like market women over a shared stall. Nigeria’s youth, 60% of our 230 million souls, are a restless force, their rebellion only a matter of when and not if could ignite this nation aflame if governance doesn’t shift. The Federal Government says it has secured a $134 million loan facility from the African Development Bank (AfDB) to support farmers in boosting seed and grain production across the country. It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall. TechEconomy gathered that some money apps like Chipper, Carbon, and even Flutterwave are all found wanting when it comes to having an immediate reversal of funds on a failed transaction. Many have similar frustrating experiences as Samuel when dealing with these platforms where you can deposit funds.

• Set up the transfer process and leave it running through the night before going to bed.
• WHO’s Independent Oversight and Advisory Committee reported that the exit of US funds had affected 23.8 million people worldwide, leading to the closure or reduction of services in over 2,600 health facilities.
• The social commerce and payment app from PiggyVest were launched in 2021 as a payment platform for sending and receiving money but has now evolved into a complete social commerce app with payment embedded.
• To the Pouch Alternative login webpage, simply click sometimes the newest Facebook otherwise Google log on buttons instead of typing your current email address and you may password.
• The first step within the automating your Pouch Choice positions would be to down load the brand new MT2 trade software and you will MetaTrader 4.

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If you want to gain knowledge and experience, it is essential to use a demo account. Not only is this a great way to test your broker and the navigation, but at the same time, you can gain knowledge. Especially high-risk methods like trading binary options require experience to be successful long-term. At the end of each day, dirt arising from these activities, oftentimes litter these streets. The European Union has robust trade relations with Nigeria and remains its most important trading partner for oil and non-oil exports.

• Olisa Agbakoba, a legal luminary, shares this vision, proposing a Consociational Democracy with cooperative federalism and rotational presidency.
• You don’t value the importance of great customer service until you need to use it.
• Users may open and close positions, keep track of trends, and manage financial transactions – all through a single product.
• But I don’t see how this is a problem, because as a trader, one shouldn’t expect to have a selling space, irrespective of the size, free.

Since you’ll be using this mobile app on a daily basis it’s wise to select one that is user-friendly, easy to navigate with intuitive design with the fewest clicks possible. Let’s get real, who wants to use a mobile app on a daily basis that is almost impossible to navigate? You don’t want to think to yourself ‘How did I get to the main dashboard?

You fund your account in naira, and it’s automatically converted to dollars. And once you’re comfortable, MT4 lets you explore automated strategies, time-based entries, and deep backtesting using historical data. For traders who take the craft seriously, these features turn guesswork into systems. Instead of reacting emotionally to the market, you’re following logic, backed by your own analysis.

Clearing house for our university’s operations, streamlining processes to support our academic mission. In his address to the gathering, Chairman of the NADDC disclosed that by October 2021, the agency will host the first Made-in-Nigeria Auto Fair in order to encourage and promote local auto manufacturer. The Vice-Chancellor, Professor Ogundipe, FAS, expressed gratitude to the Federal Government for the choice of the University of Lagos as host of the solar-powered electric charging station. Besides the products being sold at reasonable prices, lots of gifts have been packaged for potential visitors to Dangote Stand with opportunity from wet sampling of its products. A statement from Corporate Communications Unit of Dangote Group, said trade fairs have become a veritable avenue for the subsidiaries to bond with their customers. As part of efforts to rev up commerce, industry and ecnomic activities, Dangote Industries Limited is sponsoring the ongoing international trade fairs in Abeokuta and Enugu, the capitals of Ogun and Enugu States respectively.