Forex trading in Nigeria used to be strictly for the big banks, but now individuals can participate in it. Since the advent of individual participation in Forex trading in Nigeria, there have been great challenges facing these individuals, who are hell-bent to make money online.One of these challenges is the cumbersomeness and high cost of opening a real Forex account. Many Forex brokers do not accept credit cards from Nigeria, they only accept funds from Nigerians via wire transfer, a situation which limited many from trading Forex, as the minimum amount that can be wired ranges between $300 and $500 (300 and 500 dollars). Even though there are some brokers that accept $100, the commission charged by banks on these transfers and the cumbersomeness is not encouraging.Apart from the high cost of opening a Forex account through wire transfer, the delay in the transfer, which takes about 5 working days, is also worrisome. Credit card is the best way to open or fund a Forex account, but is there a broker that accepts credit card from Nigeria and that allows opening or funding a Forex account with just $50? The good news is that, yes, you can even execute a trade with just $25). In fact, Intercontinental Bank Plc Nigeria has a pre-paid MasterCard that doesn’t require opening an account and easy to obtain.Nigerians can now join the rest of the world to make money online through Forex; earn $10 daily, earn $50 daily, earn $100 daily, earn $500 daily, earn $1000 daily and so on depending on skills.
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