This short episode will reveal everything you need to know about this successful Forex trader and investor/entrepreneur. Maxwell Weli Odum is the MD/CEO of MBA Forex & Capital Investment Limited that teach, train, mentor and also take you by hand to navigate the forex market profitably.
What is MBA Forex all about?
MBA Trading and Capital Investment Limited is a world class Forex Training and Capital Investment Company, established with the vision of impacting the general populace with the knowledge of trading Forex and creating platforms that will bring about sustainable financial freedom.
Has MBA Forex been sold?
MBA Trading and Capital Investment Limited, a forex training and capital investment company with over 10 thousand active investors in Nigeria yesterday announced the sale of 90% shares to World Citizen Equity Partners. … We are MBA, your Passport to Financial Freedom.
What is the minimum investment for MBA in forex?
The benchmark amount for investing with them is $1000 in its naira equivalence. Also, in MBA Trading and Capital Investment limited, they do not allow multiple accounts.
Is MBA Forex registered with CAC?
“MBA FOREX is changing the narratives, by pushing for regulation of forex companies coming into Nigeria. … Odum warned Nigerians not to see forex trading as gambling, saying MBA Forex and Capital Investment Limited is registered and certified by the Central Bank of Nigeria, CBN.
Can Forex make you rich?
Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.
Can I start forex with $100?
Most Forex brokers will allow you to open an account with as little as $100. … While it is possible to grow a $100 account, you will want to learn all you can from other Forex traders first as well as practice in a demo account before depositing real money.
Is it safe to invest in MBA forex?
Conclusion. Investment poises risk, and therefore there’s an atom of risk investing with MBA Forex and Capital Investment. But then, MBA forex invest in a proven business of which they have proven to be an expert and there are not a ponzi scheme. Perhaps they also invest in treasury bills.
Is forex trading legal in Nigeria?
Forex trading is legal in Nigeria if you have a broker that is licensed to do so and if the person simply trades for themselves. In most countries around the world, the foreign exchange market is regulated. … However, foreign exchange trading is regulated by the Central Bank of Nigeria.
How can I learn Forex trading?
Trading instructors often recommend that you open a micro forex trading account or an account with a variable-trade-size broker that will allow you to make small trades. Trading small will allow you to put some money on the line, but expose yourself to very small losses if you make mistakes or enter into losing trades.
Is FX farm legit?
Fx farms came as an MLM forex company that trades forex. And we all know what forex trading is all about. … Whereas fx farms investors said that fx farms are a legit company, and to blow your mind they even go as far as saying they get paid frequently.
Is Bara investment legit?
Their team members from the General Manager down are well known and not anonymous, so it a no fraud company. Open Job opportunities, Bara Finance and Investment Limited are accepting Job proposal (Minimum requirement HND) within the states, which means recruiting staff to enhance productivity.
Is Bara investment registered with SEC?
However, findings on the website of the Securities and Exchange Commission revealed that the company is not registered with SEC as a capital market operator neither is it registered as an investment scheme. …
How does the forex trade work?
Forex trading always involves selling one currency in order to buy another, which is why it is quoted in pairs – the price of a forex pair is how much one unit of the base currency is worth in the quote currency. … Less frequently traded, these often feature major currencies against each other instead of the US dollar.