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Economy

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

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Traders Union Best Forex broker 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:

  1. 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.

  1. Discount Brokers

A discount broker is a stockbroker who places buy and sell orders at a discounted commission rate.

  1. 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.

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Economy

Nigeria Customs Seeks Slash in N34trn Import Duty Waivers

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import duty waiver

By Adedapo Adesanya

The Nigeria Customs Service (NCS) is seeking a reduction in import duty exemptions, which rose to N34 trillion, limiting its ability to increase its revenue generation threshold.

The Comptroller-General of the Customs Service, Mr Adewale Adeniyi, disclosed that the value of import duty exemption certificate approvals increased to that level in 2025, describing the policy as one of the major factors restricting its revenue generation.

At an investigative session of the Senate Committee on Finance with revenue-generating agencies in Abuja on Monday, Mr Adeniyi explained that government fiscal policies have continued to impact the revenue-generating capacity of the Customs Service, both positively and negatively.

“The NCS would have generated significantly higher revenue over the years if not for government-approved import duty waivers and other external factors affecting collections,” he said.

He added that the Import Duty Exemption Certificate scheme, introduced in March 2020, accounted for about N34 trillion in approvals in 2025, with nearly 60 per cent covering duty-free importation of military hardware due to Nigeria’s prevailing security challenges.

Other government-backed duty waivers, he noted, covered the importation of Compressed Natural Gas (CNG), electric and hybrid vehicles, healthcare equipment and medical supplies, industrial machinery and manufacturing inputs, as well as food import intervention programmes.

While acknowledging the impact of the waivers on Customs revenue, Mr Adeniyi argued that fiscal policy should not be assessed solely on the basis of revenue generation but also on its broader economic and social objectives.

He, however, urged the federal government to establish stronger monitoring mechanisms to ensure beneficiaries of duty waivers deliver the intended economic outcomes, including lower consumer prices, increased local production and improved healthcare access.

The committee also expressed displeasure over the absence of several heads of government agencies invited to the hearing, including the Nigerian Civil Aviation Authority (NCAA), Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Industrial Training Fund (ITF), and the Federal Medical Centre (FMC), Jabi.

The Chairman of the Senate Committee on Finance, Mr Sani Musa, warned that the affected chief executives must appear at the committee’s next sitting or face severe sanctions under the Senate’s rules.

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Economy

Is Headway Broker Safe and Legit? A Detailed Look at Regulation and Trust

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headway broker Demo Account

In the competitive world of online trading, finding a trading brokerage partner that balances reliability, technological innovation, and accessible conditions is essential. Headway broker has emerged as a significant player, currently serving over 4 million users globally.

In this article, we take a detailed look at what makes this broker for trading a notable option for both novice and experienced traders.

Headway Regulatory Foundation and Safety

Safety is the cornerstone of any trading relationship. Headway broker operates under the regulation and licensing of the Financial Sector Conduct Authority (FSCA). This regulatory oversight ensures that the broker adheres to strictly defined standards for transparency and operational conduct, providing traders with an added layer of security and confidence when managing their portfolios.

Trading Platforms and Instruments

Efficiency in trading Forex and other markets is driven by the tools at your disposal. Headway provides a robust technological trading ecosystem:

Industry-Standard Platforms: The broker fully supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the most widely used platforms for technical analysis and automated trading.

Proprietary Mobile App: For traders who prioritize mobility, Headway offers its own custom-built trading app. It is readily available for download on both Google Play and the App Store, allowing for seamless account management and trading on the go.

Diverse Market Access: Traders have a wide range of opportunities with access to over 300 trading instruments, ensuring plenty of choice for different strategies and asset classes.

Trading Account Types Offered by Headway

Headway broker understands that every trader enters the market with a different level of experience:

Three Account Tiers: To ensure inclusivity, the broker offers three distinct types of accounts (Cent, Standard and Pro), tailored to suit different levels of expertise and capital requirements.

Demo Account: For those looking to refine their skills without financial risk, Headway provides a comprehensive demo trading account. This is the perfect environment to practice strategies, understand how the platform works, and gain confidence before transitioning to live trading.

Customer Support and Incentives

Headway supports its user base with comprehensive resources and financial incentives:

24/7 Technical Support: Market fluctuations happen at any time. Headway provides round-the-clock technical support for the traders, ensuring that help is always available whenever a question or issue arises.

150$ No Deposit Bonus: To help new traders get started, Headway offers a $150 no deposit bonus. This is an excellent way to test the broker’s execution speed and trading environment with zero initial risk.

IB Partnership Program: Beyond individual trading, Headway fosters growth through its Introducing Broker (IB) partnership program. This allows partners to build their business and earn commissions by referring new traders to the platform.

Conclusion

With its combination of FSCA regulation, a vast range of instruments, and modern platforms like MT4, MT5, and its own proprietary app, Headway FX broker provides a comprehensive environment for modern traders. Whether you are using the demo account to hone your skills or taking advantage of the 150 no deposit welcome bonus, this broker offers the stability and tools needed for your trading journey.

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Economy

Buying Interest Lifts NASD OTC Exchange by 0.40%

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NASD OTC exchange

By Adedapo Adesanya

The NASD Over-the-Counter (OTC) Securities Exchange rose by 0.40 per cent on Monday, July 13, buoyed by buying interest in 11 Plc, Central Securities Clearing System (CSCS) Plc and UBN Property Plc, which offset the profit-taking in Food Concepts Plc, the parent company of Chicken Republic.

11 Plc gained N20.69 to end at N227.64 per share compared with last Friday’s price of N206.95 per share, CSCS Plc grew by N1.83 to N91.48 per unit from N89.65 per unit, and UBN Property Plc added 1 Kobo to sell at N1.81 per share versus N1.80 per share.

On the flip side, Food Concepts Plc depreciated by 24 Kobo to close at N2.45 per unit, in contrast to the preceding session’s N2.69 per unit.

As a result, the market capitalisation increased by N9.2 billion to N2.587 trillion from N2.578 trillion, and the NASD Security Index (NSI) improved by 15.33 points to 4,311.67 points from 4,296.34 points.

Yesterday, the volume of securities traded by investors surged by 615.9 per cent to 9.1 million units from the previous 1.3 million units, and the value of securities rose by 997.1 per cent to N320.4 million from the preceding session’s N29.2 million, while the number of deals decreased by 12.5 per cent to 28 deals from last Friday’s 32 deals.

At the close of trades, Great Nigeria Insurance (GNI) Plc remained the most active stock by value on a year-to-date basis, with 3.4 billion units valued at N8.4 billion, followed by Infrastructure Credit Guarantee (Infracredit) Plc with 2.3 billion units worth N6.5 billion, and CSCS Plc with 73.9 million units exchanged for N5.2 billion.

GNI Plc also closed the session as the most traded stock by volume on a year-to-date basis, with 3.4 billion units sold for N8.4 billion, followed by Infracredit Plc with 2.3 billion units traded for N6.5 billion, and Resourcery Plc with 1.1 billion units transacted for N415.7 million.

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