You asked: 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.

How reliable is MBA forex?

No, MBA Trading is not legit. Since it is offering investment services, it needs a valid license in every country it is targeting.

Who is the owner of MBA forex?

Maxwell Weli Odum

What is MBA forex trade?

What are MBA’s Value-added services? Apart from investment services, MBA runs a trading/training Institute where students receive training on Forex market navigations for profitability. They also offer a free three months mentorship for graduates of the institute to ensure their success in the Forex Market.

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.

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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.

Why Forex is a bad idea?

Maximum Leverage

The reason many forex traders fail is that they are undercapitalized in relation to the size of the trades they make. It is either greed or the prospect of controlling vast amounts of money with only a small amount of capital that coerces forex traders to take on such huge and fragile financial risk.

How difficult is Forex?

Yes, forex trading is difficult if your only aim is to make money quickly. With this mindset you will set yourself up for failure even before you start to trade. Forex trading is also easy, if you are willing to dedicate the time and efforts into becoming a successful trader. … Taking losses is part of forex trading.

Is Forex trading just gambling?

Forex Trading is Not Gambling.

Is MBA a forex?

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.

How do you trade on forex?

Before you trade you need to follow a few steps.

  1. Select a currency pair. When trading forex you are exchanging the value of one currency for another. …
  2. Analyze the market. …
  3. Read the quote. …
  4. Pick your position. …
  5. ENTERING A BUY POSITION. …
  6. ENTERING A SELL POSITION. …
  7. Get started with FOREX.com.
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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.

What is the least amount to invest in MBA forex?

MBA Trading and Capital Investment pays you the exact amount yearly for the next three (3) years. Minimum investment rate is Three Hundred Thousand Naira only (NGN300,000).

Is Blue Key legit?

Bluekey, on the other hand, is a registered company, its office is known as well as its founder. It also holds Meets-Ups twice a week, where questions are answered and a demonstration of how the revenue is generated is seen. Thus, it’s safe to say that Bluekey is Legit.

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.

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