Economy
Traders Union Experts Compiled a List of Best Forex Brokers for Scalping

This is a statistical approach to introducing a new fintech system to inexperienced traders and brokers. Access to accounts provided by them, such as St. Standard, Cent.Eureka, Insta Eurica, Insta.Standard and Demo
Traders support rolling premiums for ECN, DMA and STP platforms as well as industry-specific implementation of programs tailored for scaling. According to the Traders Syndicate, market manipulation is not really acceptable as traders only accept first services with pre-determined spreads, which are basically based on the Go Instant Go philosophy.This is due to currency fluctuations and indeed the risk of re-pricing. In such cases, the merchant may not be able to perform the procedure effectively.
According to the Traders Union, investing in forex trading involves significant financial issues that intensify when scaling. People are encouraged to consider cooperating using licensed brokerages. Based on ratings and reviews it will be a series of great repeat sales at the same time. These seem to be the most commonly chosen traders of scale.
Best Forex broker for scalping:
FXTM:
FXTM tops any list dedicated to the best forex broker for scalping. A minimum deposit of $10 makes it accessible to all traders, while a maximum leverage of 1:2000 is one of the most decisive tools for scalpers. There are no restrictions on trading strategies and more than 2,000,000 traders manage their accounts on FTXM, which has become the market leader for emerging markets and has a growing presence in established markets. The 30% deposit bonus, available to most customers outside the EU, provides an extra boost for new retail traders with small deposits. FTXM is one of the most transparent and reliable online brokers in operation.
FP Markets:
FP Markets has been serving traders since 2005 and has become one of the most popular multi-asset brokers based in Australia.Most global consumers, St. Vincent and the Grenadines Financial Services Corporation (FSA) will trade with an unorganised international trading company (IBC). There are no restrictions on any forex scaling strategy on FP Markets. A non-transaction desk (NDD) execution model and speeds of less than 40 milliseconds provide the technology infrastructure that dealers need to succeed.
Exness:
This attractive broker offers free VPS hosting. It offers separate accounts as well as an instant 24 hour withdrawal option.
This forex broker allows you to trade on multiple platforms like MT4, MT5 and multi-node for mobile trading. It is CySEC regulated and the lowest deposit starts at $1. Provide a Standard Cent, Demo, Standard Plus, Standard, Zero, Pro or Raw Spread account type.
The traders’ union surcharge is about 80% of the member’s payment.
FXCM:
It forms the FSA Regulation, which provides a friendly and reliable platform for traders. Forex brokers seem convinced of the importance of building a healthy relationship with clients. In order
To get good feedback. That’s all it takes to start trading with FXCM.
The minimum deposit amount starts at $500 and is not the highest amount for aspiring traders, so they can easily start their sampling journey. FXCM Forex brokers offer accounts like Active Trader, Mini, Standard and Demo. The Traders Union Surcharge is 80% of the member’s payment.
Instaforex:
It brings code with FFMC, BVI and FSC. Forex trading is safe and secure, but it is also not 100% error free. That is, with InstaTraders it takes care of the authorised deposit amount and the second starts your speculation amount from $1, so that everyone can access your trading account without any problem and you get the best speculations. Can use a minimum amount to do.
This is a statistical approach to introducing a new fintech system to inexperienced traders and brokers. Access to accounts provided by them, such as St. Standard, Cent.Eureka, Insta Eurica, Insta.Standard and Demo
The Traders Union markup guarantee they will get is around 80%. This shows the reputation of InstaForex as a forex broker and how it spreads all over the world. Their deposits are the lowest and all this shows their potential as a reliable establishment.
Function of Brokers:
The primary role of a broker is to resolve client issues for a fee. However, there are other broker functions that exist today. A brokerage firm can:
Conducting transactions in the financial markets for and on behalf of the client.
Provide information support on the situation on trading platforms, send notifications about offers and trading procedures.
Provide information about other market participants while making the right decision to execute trades for the client.
Loans to customers for margin transactions.
Storage and protection of customer data.
Create a technical basis for trading in the stock market.
Of course, arbitral institutions perform a wider range of activities than arbitration. The financial market itself would not exist without the broker.
Types of Brokers:
Brokers can be of three types:
- Online Brokers:
A new form of digital investment that engages consumers on the Internet. Online brokerages offer key advantages such as speed, usability and low commissions.
- Discount Brokers
A discount broker is a stockbroker who places buy and sell orders at a discounted commission rate.
- Full Service Brokers:
A full-service brokerage, provides clients with tax advice, investment advice, stock research, etc.
Conclusion:
In short, it is the activity of buying and selling currencies. Interest is playing with price trend fluctuations to earn profits. Whether you are a beginner or an expert in trading, it is always exciting to get new tips to earn more. For this you should constantly educate yourself and update your information.
Apart from training, you can also use some powerful tools offered by various online brokers. The goal is always to get a little more than your investment.
Economy
Legend Internet Plc to List N11.3bn Shares on Nigerian Exchange

By Aduragbemi Omiyale
An Abuja-based Internet Service Provider (ISP), Legend Internet Plc, will list its shares on the main board of the Nigerian Exchange (NGX) Limited.
The listing is expected to take place on Thursday, April 24, 2025, Business Post has gathered.
To mark this, the NGX is organisation an event tagged Facts Behind the Listing for the management of the organisation to inform capital market stakeholders of its numbers and operations.
The executive management team and its issuing house, Finmal Finance Services Limited, will share valuable insights into the company’s strategic vision, growth trajectory, and the anticipated impact of this listing on its operations and market positioning.
Before this, the team will be honoured with a closing gong ceremony, an event to close trading activities at the stock exchange for the trading session.
Legend Internet is an exclusive experience of premium multimedia services built on the foundation of an ultra high speed fibre optic internet connection.
The company delivers the best in Internet, payments, voice, mail and home management, all working together to give customers instant access to the things that matter most – anywhere, anytime.
It was learned that Legend Internet is bringing to the stock exchange a total of 2 billion ordinary shares of 50 Kobo at a unit price of N5.64.
The equities of the firm will increase the market capitalisation of the bourse by N11.3 billion.
Economy
IMF Downgrades Nigeria’s Economic Growth to 3.0%

By Adedapo Adesanya
The International Monetary Fund (IMF) has projected that Nigeria’s economy would grow by 3.0 per cent in 2025, a downgrade from the 3.2 per cent project by the organisation earlier this year.
According to its latest World Economic Outlook report released on Tuesday, the Bretton Wood institution said the downgrade was due to recent tariffs move by the US under President Doland Trump.
“Since the release of the January 2025 WEO Update, a series of new tariff measures by the United States and countermeasures by its trading partners have been announced and implemented, ending up in near-universal US tariffs on April 2 and bringing effective tariff rates to levels not seen in a century.” it noted.
The organisation also projects a 2.7 per cent growth rate for the country in 2026.
The global financial institution noted that while Nigeria faces significant challenges, particularly with inflation, forex volatility, and weak infrastructure, recent policy adjustments, such as the partial unification of exchange rates and removal of fuel subsidies, could enhance investor confidence and stimulate economic activity if properly implemented.
The IMF warned that the US tariffs on its own is a major negative shock to global growth.
“The unpredictability with which these measures have been unfolding also has a negative impact on economic activity and the outlook and, at the same time, makes it more difficult than usual to make assumptions that would constitute a basis for an internally consistent and timely set of projections,” the April outlook said.
The IMF added that the swift escalation of trade tensions and extremely high levels of policy uncertainty are expected to have a significant impact on global economic activity.
Based on this, it projected that global growth is projected to slow to 2.8 per cent in 2025 and 3 per cent in 2026—down from 3.3 per cent for both years in the January 2025 WEO Update, corresponding to a cumulative downgrade of 0.8 percentage point, and much below the historical (2000–19) average of 3.7 per cent.
Economy
Tinubu’s Economic Reforms Poorly Timed, Lacked Critical Safeguards—Yemi Kale

By Adedapo Adesanya
Renowned economist, Dr Yemi Kale, says Nigeria must recalibrate its economy through disciplined reforms, forward-looking governance, and people-centred development.
Mr Kale, a former head of Nigeria’s statistics bureau and now Group Chief Economist at Africa Export-Import Bank (Afreximbank), gave this advice at the 2025 Vanguard Economic Discourse, where he delivered a keynote address that examined Nigeria’s current economic hardship and offered a compelling and urgent roadmap toward sustainable recovery and shared prosperity.
According to the economist, Nigeria is grappling with both external shocks and internal structural fragilities: from global inflationary pressures to domestic policy missteps.
“Business as usual is no longer an option,” he quipped, warning that slowing growth, commodity volatility, rising protectionism, and geopolitical instability are compounding Nigeria’s vulnerabilities.
“From exchange rate volatility to eroding investor confidence, Nigeria finds itself navigating a storm with limited buffers,” he explained.
He critiqued the removal of fuel subsidies, FX rate unification, tax overhauls, and monetary tightening, leading to surging inflation, currency depreciation, contracting investment, and intensifying socioeconomic hardship, noting that while the reforms instituted by President Bola Tinubu were necessary steps toward a rules-based economy, they were poorly sequenced and lacked critical safeguards.
“Most of Nigeria’s economic hardship is not caused by unforeseen events but by policies introduced without adequate safeguards. Public trust is built not just by making policies—but by implementing them with foresight, fairness, and firmness,” he submitted.
The economist then outlined a clear, actionable framework to transition Nigeria from macroeconomic fragility to resilient, inclusive growth revolving around three pillars: macroeconomic stability, economic diversification, and social investment and inclusive governance.
He noted that restoring confidence begins with fiscal discipline, transparent FX management, and tighter coordination between monetary and fiscal authorities.
“The first pillar is macroeconomic stability. Macroeconomic stability is not an outcome—it is a prerequisite. Nigeria must rebuild investor and citizen confidence by addressing fiscal imbalances, taming inflation, and restoring exchange rate credibility.”
He noted that this can be done via enforcing tax reform, curb leakages, and ensure budget credibility, empowering the central bank with operational independence and clear mandates, tackling inflation through supply-side reforms—particularly in agriculture and logistics, maintaining a transparent, market-reflective exchange rate supported by non-oil exports and reserve buffers, as well as creating a predictable investment climate that encourages long-term capital formation.
“The second pillar is economic diversification. Diversification is no longer optional. Nigeria’s dependence on oil exposes it to external volatility and fiscal instability. We must rapidly expand our productive base,” adding that core focus should be on agriculture, manufacturing, services and digital economy, small businesses, and infrastructure.
“The third and final pillar is social investment and governance. True growth is people-centered. It must deliver meaningful improvements in the lives of Nigerians across all demographics and regions.”
Dr Kale emphasised that key focus areas include the need to expand social safety nets to protect vulnerable populations from systemic shocks, improve access to basic services—housing, healthcare, electricity, water, and strengthen education through curriculum reform, teacher training, and vocational pathways.
He also advocated fostering entrepreneurship and digital inclusion, particularly for youth and women, deepening institutional trust through anti-corruption enforcement and policy continuity, and usage of digital governance to increase transparency, reduce leakages, and improve service delivery.
“Inclusive growth is not just a social ideal—it is a strategic economic necessity,” he said.
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