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
Ibeto Customs, Police Renew Joint Security Pact for Efficiency, Safety
By Adedapo Adesanya
The Nigeria Customs Service (NCS), Ibeto Seaport and Terminals Command, Port Harcourt, and the Nigeria Police Force have renewed their commitment to joint security operations at the nation’s maritime corridors, following a strategic meeting between top officials of both agencies.
According to a statement, the renewed partnership came as the Commissioner of Police, Eastern Port Police Command, CP Shuaibu Audu, paid a working visit to the Customs Area Controller, Comptroller Usman Yahaya, at the Command headquarters on April 17, 2026.
The engagement, according to a statement by the Command’s Public Relations Officer, Chief Superintendent of Customs Tangwa Emmanuel, was aimed at strengthening inter-agency cooperation and boosting operational efficiency within the port environment.
Speaking during the visit, Comptroller Yahaya described the engagement as significant, stressing that sustained collaboration among security agencies remains critical to safeguarding national assets and ensuring seamless port operations.
This visit is timely and highly appreciated. It reflects the importance of sustained cooperation among agencies entrusted with the security of our nation and the protection of critical economic assets,” he said.
He assured the police boss of Customs’ readiness to maintain strong working relations with the Eastern Port Police Command.
“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities,” Mr Yahaya added.
The Customs Area Controller noted that the synergy between both agencies has continued to play a vital role in maintaining order, facilitating legitimate trade and curbing criminal activities within the port system.
This was contained in a statement shared via the Customs official X handle.
Customs and the Police share common responsibilities in safeguarding the port environment. Synergy remains the cornerstone for achieving our collective mandate,” he stated.
He also briefed the visiting Commissioner on the operational relevance of the Ibeto Seaport and Terminals Command, reiterating the Command’s commitment to strengthening maritime security.
On his part, CP Audu said the visit was part of efforts to consolidate existing ties between the Nigeria Police Force and the Nigeria Customs Service.
“My presence here today is to reinforce the cordial relationship between the Nigeria Police Force and the Nigeria Customs Service. No organisation can function effectively in isolation,” he said.
He emphasised the importance of sustained collaboration among security agencies, particularly in securing the nation’s ports, which he described as vital to economic stability.
Synergy among security agencies is essential to addressing emerging threats. Our ports are strategic national assets, and we must work together to keep them secure,” Mr Audu stated.
The police commissioner also sought continued support from Customs officers in advancing shared security objectives.
Economy
Tinubu Removes Wale Edun, Elevates Taiwo Oyedele as New Finance Minister
By Modupe Gbadeyanka
Mr Taiwo Oyedele has become the new Minister of Finance and Coordinating Minister for the Economy after the exit of Mr Wale Edun.
This announcement was made on Tuesday by the Office of the Secretary to the Government of the Federation via a statement signed by Mr Yomi Odunuga, the Special Adviser of Media and Publicity to the Secretary to the Government of the Federation, Mr George Akume.
It was disclosed that President Bola Tinubu approved the removal of Mr Edun as Finance Minister as well his counterpart in the Housing and Urban Development Ministry, Mr Ahmed Musa Dangiwa.
According to Mr Akume, “These changes are aimed at strengthening cohesion, synergy in governance as well as achieving more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda.”
In approving the cabinet reshuffle, the President has fully exercised his powers as conferred on him by Sections 147 and 148 of the Constitution of the Federal Republic of Nigeria (1999, as amended), he added.
Before this minor cabinet reshuffle in the membership of the Federal Executive Council (FEC), Mr Oyedele the Minister of State for Finance.
Mr Muttaqha Rabe Darma has now been named as the ministerial nominee and minister designate for the Housing and Urban Development Ministry.
Mr Tinubu thanked the outgoing ministers for their services to the nation while wishing them the best in all their future endeavours, reminding others that “the process of reinvigoration shall be continuous.”
Economy
Dangote Eyes Crude Oil Production to Ease Shortfalls
By Adedapo Adesanya
The Dangote Group has announced plans to begin its own crude production, to help cover shortfalls in local crude feedstocks, in the coming weeks through its upstream assets.
According to Mr Devakumar Edwin, the Vice President of the Dangote Group, the company has commenced early testing on crude from its Niger Delta licenses.
In an interview with Platts, part of S&P Global Energy, the official said the company has already begun standard well testing and is preparing to scale up output.
“We have opened a well and begun standard testing, which should be completed in the next three to four weeks, maximum.
“After that point, oil can start to be pumped in larger volumes, and the company can begin work on drilling new wells,” he said.
Also speaking, Mr David Bird, the chief executive officer (CEO) of the Dangote refinery, said the upstream assets could provide a more stable crude supply for the refinery.
“Alongside its upstream interests, the company is seeking to establish its own shipping presence to help reduce logistics costs and improve the reliability of its crude sourcing,” Mr Bird said.
While confirmation has come from the company, the Nigerian government or the Nigerian National Petroleum Company (NNPC) Limited is yet to officially confirm the development.
The 650,000 barrels-per-day facility has been able to get enough feedstock locally under the federal government’s Crude-for-Naira initiative, leading it to source crude from international markets at a premium, which is partly responsible for the high cost of petrol and other fuels.
However, in April 2026, the NNPC said it would increase its crude supply to Dangote Refinery to seven cargoes.
The refinery, on several occasions, has stated it sources the majority of its crude oil outside Nigeria despite being the country’s Naira-for-crude sale deal.
Last month, it said the NNPC only gave it four to five cargoes, which is less than 50 per cent of expected volumes. The majority of Nigeria’s crude is tied to joint ventures with international oil companies.
With the latest development, it would help reduce the dependency on international crude as well as allow Dangote to ease some of its import costs.
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