Forex Trading Firm Set to Commence Operation in Nigeria

31 Jul 2013

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Nume Horsfall

The HTT FX Capital has announced plans to commence trading in Nigeria as it promised to simplify trading and make it more appealing to interested Nigerians.

The company, which would be officially launched in Lagos and Abuja, is expected to provide alternative investment market worth over $4trillion a day, for Nigerians.

The firm, according to a statement, is a certified partner of Abshire Smith, an FSA-regulated liquidity in UK, registered in England and Wales, which is also authorised and regulated by the Financial Services Authority.

The Chief Operating Officer of the company, Paul Obalonye, said HTT FX Capital established earlier this year, was poised to be a world leader in online forex and commodity trading, offering a wide array of products and instruments to trade.

He said the company was opened to Nigerians who intended to take their forex education and training to the next level.

Obalonye, a Nigerian, who had been in the sector for several years added: “I am happy that we are here and proud that in a short space of time, we will be opened for training/trading floor in Lagos and Abuja respectively. For too long, I feel Nigeria has had to play into a monopoly of ‘take it or leave it’ trading, we are here to break that hold and expand through Nigeria, and provide real forex and commodity trading to the unemployed youths.

“Our commitment to the Nigerian market has made us invest heavily in educational programmes, eliminating the price tag that others often charge, to be able to learn that there is an alternative investment market out there, which happens to be worth $4 trillion a day, and can be accessed with minimal amounts.”

Tags: Nigeria, Featuered, Business, Dollar, Pounds

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