Economy
Experts Have Selected The Best Tools For Traders In The FX Market
The Forex and related trading markets are rapidly expanding, reaching a $6.6 trillion daily turnover and a global value of $2.49 quadrillion in 2019. As the market continues to grow, more people are becoming interested in participating. To enhance their trading experience, both beginners and experts can benefit from using trading software and tools in 2023. Traders Union experts will help you to sort out this issue.
Trading software: How it can help
Trading software offers various ways to assist with your trades. Understanding their functions is essential for selecting the right application. Here, analysts at Traders Union explore different types of trading software and how they benefit traders. Discover the latest and most effective tools for traders to optimize their trading strategies and boost profits:
- Trading Signals: These applications provide real-time signals and trends to help you spot profitable opportunities. You can customize signals by creating a profile on certain platforms.
- Trade Analyzers: This software continuously analyzes industry trends, incorporating expert trades and asset histories to make predictions. It aids in deciding which equities or assets to trade.
- Automated Bots: Using AI technology, these bots learn from top traders and automatically copy their positions on your account, closely monitoring their trades.
Subcategories exist, such as algorithm trading software that combines analyzers and AI to identify suitable trades and execute them at the right moment.
Other software types are available, aiming to facilitate trades, identify opportunities, and offer a convenient account overview.
Useful day trading software
TU experts consider that day trading is highly profitable, but risky. With proper education and tools, it can be lucrative. To find the best opportunities, use trading apps that analyze trends and provide predictions. Here are some applications for day traders:
- TradingView: Offers real-time, customizable charts for various markets like cryptocurrencies and currencies.
- MooMoo: Advanced market analysis tool accessible on multiple devices, providing analytical data and graphs.
- Robinhood: Ideal for beginners, this platform, created by expert investors, offers investment opportunities and money management tools for free.
Best trading platforms
While there are numerous trading platforms available, they vary significantly in their features and usability. After thorough research, TU experts have selected the top five platforms suited for different purposes:
- Webull: Ideal for stock trading with low fees, easy account opening, and a user-friendly interface.
- FxPro: Excellent for day trading, offering great customer service, free education, and multiple deposit and withdrawal options.
- XM: Best for forex trading, with low withdrawal fees, fast account approval, and access to various educational tools.
- Admiral Markets: Suitable for beginners, with two decades of experience, multiple assets to trade, and affordable entry-level fees.
- eToro: Perfect for copy trading, featuring built-in social features and copy trading options. Traders Union experts have prepared a detailed review of the broker and also answered the question: What is leverage on eToro?
Best stock trading software
Stock trading offers opportunities for short-term profits. While some investments may yield profits over longer periods, most people aim to profit within a few days. There are two categories of individuals in stock trading: investors with long-term strategies and traders seeking immediate profits.
Here are some top stock trading software options for market analysis from experts at Traders Union:
- Powrbot: Provides comprehensive research tools, focusing on valuable data and insights into businesses, aiding decision-making.
- StockTwits: A mobile and web app resembling social media, offering real-time news and events affecting stock markets to help with buying and selling decisions.
Conclusion
According to Traders Union analysts, trading is a popular money-making option, whether as a full-time pursuit or for part-time earnings. The right trading software and tools can reduce risks and enhance the trading process. A combination of these applications assists in determining the right trades to initiate, when to hold stocks, and when to sell.
By Aduragbemi Omiyale
The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.
Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.
This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.
The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.
In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.
“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.
“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.
“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.
By Aduragbemi Omiyale
One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.
The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.
The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.
They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.
Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.
“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.
“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”
By Modupe Gbadeyanka
This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.
This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.
This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.
The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.
In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.
It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.
The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.
“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.
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