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Whether you're preparing for the FT9ja Challenge or already running a funded account, understanding Forex terminology is non-negotiable. Markets speak their own language — and the traders who win are the ones who are fluent. Bookmark this page. Come back whenever you need it. A Ask Price The price at which a broker is willing to sell a currency pair to you — the price you "ask" to buy at. Also called the "offer price." Always slightly higher than the bid. Appreciation When a currency...

If you're a talented Nigerian trader looking to trade with real capital without risking your own money, this guide is for you. Prop trading has exploded in popularity across Africa — and Nigerian traders are leading the charge. But not all prop firms treat Nigerian traders fairly. Some have geo-restrictions. Others charge hidden fees, enforce ridiculous time limits, or take forever to pay out. This post ranks the best proprietary trading firms that accept traders from Nigeria — and makes a...

Let's be honest with you the way we always are here at FT9ja. If you are trading forex, gold, or indices and you don't know what the Strait of Hormuz is — you are not really trading. You are just pressing buttons and hoping. And hope is not a strategy.