FXTM, an online trading firm, says it has launched FXTM Edge, a new trading account for easy access to the financial markets.
The financial trading firm, in a statement on Monday, said the new platform will improve trading skills and decision-making for Nigerians.
“FXTM Edge provides an accessible entry point into the markets by allowing traders to begin with as little as $50 through a micro trading account, enabling them to trade in micro lots while building their trading strategies and managing risk effectively,” the statement reads.
‘The platform is available as a web-based interface, optimised for mobile use, and supported by a mobile app, offering flexibility and convenience to trade anytime and anywhere.
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“FXTM Edge is created to help new and aspiring traders navigate the financial markets with ease by providing trade ideation tools and inspiration that enhance trading skills and decision-making.
“The account gives clients access to a wide range of instruments including Forex, Indices, Metals, Commodities, and Stocks, with tight spreads and capped leverage of up to 500:1 for reduced risk.
“Traders can choose to trade in quantities, units, or lots depending on their preferences, and the onboarding process is seamless with fast verification, local payment methods, and NGN trading account options that make funding and withdrawals simple.”
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Speaking on the innovation, Adaeze Uzochukwu, education and media specialist of FXTM Nigeria, said the new product is designed to open up trading opportunities for Nigerians who want a simple, innovative, and affordable way to participate in the global markets.
“We are proud to provide a platform that not only lowers the barriers to entry but also equips traders with the tools, education, and support they need to succeed,” Uzochukwu said.
According to the firm, FXTM Edge offers a host of benefits that make it the best trading platform for Nigerians.
The firm said traders will receive free education and support to strengthen their skills, FXTM Rewards for trading, and access to dedicated resources that help them grow their confidence in the markets.
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FXTM added that with features such as “small trade sizes, low costs, and the ability to trade both online and via app, FXTM Edge empowers traders at every level to achieve their ambitions”.
