who is the richest forex trader in Nigeria?

I see lots of forex traders on YouTube living it big, but who is really the richest in Nigeria? I mean authentic forex traders not influencers!

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@patrader - 11 months ago

HabbyFX is not a trader,

He showcases his lifestyle to aspirants making them believe they can be like him. If they bought his signals and course.

He even has his own fake mt4 broker where he creates fake statements. Anyone that deposit money with that fake broker is directly transferring money to him and his associates.

You can search more on youtube, many people have uploaded proof that he is a charlatan.

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@patrader - 11 months ago
Quoted - fizy12

Wow! Interesting.

If this guy's are not genuine then which forex trader is ?

I'm curious.

To answer your question, no one really knows. Nobody can tell who is the richest Forex trader in Nigeria. Because that may jeopardize them or their family or they just don't care about show casing their life.

I imagine it like this If you were making money trading. You wouldn't be wasting your time for 60 dollar a month teaching someone to trade.

Anyone can spot a fake if they try hard enough. You barely see habbyfx trading. All you see him doing is showing off his watches and cars.He is either out in the mall buying stuff or in his pool like a merman, When does he trade???

Also if you are so good why not show case your income tax returns, surely that can prove everyone wrong. His live trading sessions are just him sitting in front of tradingview chart making random calls out of his ass.

His chosen broker that is supposedly paying millions to him, is neither regulated nor known.If i was trading with that broker and had a million bucks deposited with them, i would be worried but he doesn't care..

Now go figure.

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@segun_33 - 1 year ago

Its hard to tell bro, maybe you should be asking whos the richest signal seller in Nigeria cos most of the so called rich forex traders acually sell signals on telegram to survive. They are not actually consistently profitable traders.

People say Habby Forex & the other Fire pips guy (Jeffrey Benson) are richest forex traders in Nigeria, but I do not believe this.

I have to see their trading account statement to know if they are actually profitable, until then its mere speculation. Most of these guys make money from other businesses & only use forex as a front.

K
@karbin - 11 months ago
Quoted - fizy12

Wow! Interesting.

If this guy's are not genuine then which forex trader is ?

I'm curious.

Most of the real traders are never public about their trading, so you will not find them online. There is no reason for a trader who is making profits to actively publicize what they are doing.

Publicizing large profits can also attract unwanted attention. Also, once a trader starts giving advice or displaying results to attract clients or sell products, they may also be crossing legal boundaries set by regulators.

If a trader is genuinely making substantial money from trading itself, they have no financial need for the secondary income that comes from selling courses, signals, or subscriptions. Their primary business is trading, not marketing.

My advice to you is; anyone who uses active lifestyle to try to sell you some course or signals, stay away from that person. You will see a common theme in the videos of these scammers.

There are so many free resources online that you can use to learn trading. Also, some real traders have been generous enough to share what they know.

That being said, you can find strategies that work, this is the easy part. The real hard part in trading is the emotional discipline & accepting losses.

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