PBA Reporter
Leading Forex broker FXTM (ForexTime), which held its first Battle Royale tournament in Nigeria, shocked the trading community.
The event, which was held in the center of Africa’s bustling economy, brought together traders and enthusiasts from all backgrounds in a race for a prize pool worth $2000 while showcasing FXTM Academy’s dedication to improving trading abilities.
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Who produces more profitable merchants, men or women? That is the age-old topic that the Battle Royale was purposefully meant to address. A fierce rivalry was between two powerful teams, each consisting of four skilled men and women from different parts of Nigeria. Each participant received $2500 in their individual FXTM live trading account and had four weeks to show off their trading skills. Clients were given the opportunity to recognize and solve their strengths and weaknesses through real-time coaching from FXTM trainers, which sparked intelligent discussions on trading techniques.
The event not only provided valuable learning experiences but also encouraged participants to recognize and address their trading weaknesses.
Speaking on the significance of the competition, FXTM-trained and seasoned expert, Matthew Anthony said: “It was key to recognize one’s strengths and weaknesses; to keep a trading journal, learn from mistakes, and read daily articles on our website.”
Ayokunle Faniku, the most profitable trader, credited his success to rule adherence, fundamental understanding, technical analysis, and risk management, while Onyekaonu Victoria, a member of the female Team, shared her profound insight, saying, “It has helped me to realize – we make mistakes, we can go back and look at our mistake – and we know how to move forward.”
While showcasing FXTM’s commitment to enhancing trading knowledge, the Battle Royale spotlighted Nigeria’s ever-evolving financial landscape. As the Nigerian economy continues to grow, the finance sector witnesses significant changes, with the Nigerian Naira (NGN) remaining a focal point for investors. FXTM remains dedicated to providing insights for navigating Nigeria’s dynamic financial ecosystem effectively.
FXTM continues its mission to foster informed and proficient traders with the Battle Royale event. Anticipating ‘Battle Royale 2.0’ in November, on a more inclusive and broad spectrum than just answering the age-old question, FXTM invites aspiring traders to compete for a $1000 prize (withdrawal fund).
For registration and more about FXTM’s initiatives, visit [FXTM’s official website](https://register.fxtm.info/fxtmacademy-nigeria/).
