In Nigeria, ForexTime (FXTM), a forex broker, held the first-ever Battle Royale competition with rewards for the winners.
Aiming for a coveted $2000 prize purse, the recently held event brought together traders and fans from various backgrounds and demonstrated FXTM Academy’s dedication to improving trading abilities.
The purpose of the Battle Royale was to provide a calculated response to the age-old query: Which group of people makes more money trading—men or women?
Two teams, each consisting of four gifted men and women from different parts of Nigeria, competed fiercely.
Every participant got a $2500 personal FXTM live trading account, and they had four weeks to show off their trading skills.
FXTM trainers facilitated enlightening discussions on trading tactics through in-the-moment coaching, enabling customers to recognize and rectify their areas of strength and weakness.
In addition to offering priceless educational opportunities, the program pushed attendees to identify and resolve their trading flaws.
“It was key to recognise one’s strengths and weaknesses; to keep a trading journal, learn from mistakes, and read daily articles on our website,” said Matthew Anthony, a seasoned expert with training in FXTM.
Ayokunle Faniku, the most successful trader, attributed his success to risk management, technical analysis, fundamental understanding, and rule adherence.
“It has helped me to realise that we make mistakes, we can go back and look at our mistakes, and we know how to move forward,” said Onyekaonu Victoria, a member of the female team, after sharing her insightful observation.
Nigeria’s constantly changing financial scene was highlighted by the Battle Royale, which also demonstrated FXTM’s dedication to improving trading knowledge. The Nigerian Naira (NGN) is still a major attraction for investors as the country’s economy expands and substantial changes occur in the finance sector. FXTM is committed to offering guidance on properly managing Nigeria’s diverse financial landscape.
FXTM’s Battle Royale event is another way that it’s trying to help traders become knowledgeable and skilled.
Looking beyond simply providing an answer to the age-old issue, FXTM is expecting “Battle Royale 2.0” in November and is inviting ambitious traders to battle for a $1000 reward (withdrawal fund).
