Welcome to Bull is coming. In this article, I will be sharing with you relevant and classified information about the Most successful Forex Traders in Nigeria and their Networth. Also, I will be showing you some prestigious individuals in Nigeria who have made a fortune for themselves by trading the forex market. Before I proceed, If you are new to Forex, or you would like to learn how to, then check our Forex Trading Guide for Beginners.
It is no doubt that forex trading has proven to be a gold mine at achieving immense wealth for individuals who can maneuver around the ethics of the market. You must have come across testimonials of the richest forex traders in the world and how they’ve been able to turn a few bucks into millions of dollars in a short period or even during a long period.
Well, some Nigerian Fprex Traders have proven to excel at this and have made a fortune for themselves through the forex market. Since the covid-19 pandemic incident sufficed. A lot of people have resorted to making money online and this leads a few of them to discover the forex industry.
You may be wondering if there are people who are truly making cool cash in this business due to the high risk it involves like you’ve seen them on Instagram. Trading the forex market in Nigeria either part-time or full-time is profitable as long as you have the necessary knowledge to maneuver yourself around the market with your trading strategy.
You have to be trained, flitted with the best trading equipment to have an edge in the market, and trading with backtested winning trading blueprints or strategies.
Let’s get in-depth into the course of this informative article.
List of the Most Successful Forex Traders in Nigeria and their Net Worth
Below are some of the richest, most successful forex traders in Nigeria as we have it.
- Uche Paragon: He has lived up to expectations and made a name for himself. He is one of the richest forex traders in Nigeria
- Bade Ajidahun Afioluwa: He is arguably the second richest forex trader in Nigeria and that’s why he comes second on this list. He is a money bag also filled with loads of cash.
- Blessing Ezeako: Dp women trade? It’s a yes. Women trade and Blessing Ezeako is the richest female forex trader in Nigeria with a whooping Networth of two hundred thousand dollars.
- Chinedu Onuoha
- Benjamin Ilesanmi
- Patrick Ogagbor
- Sandile Shezi
Uche Paragon – Most Successful Forex Traders in Nigeria
Uche paragon is arguably the best most successful forex trader in Nigeria with vast knowledge and experience of the forex market. He is also the richest forex trader in Nigeria boasting an estimated net worth of about Sixteen million US Dollars.
Apart from being an active forex trader, Uche paragon also owns two forex trading learning institutes where he imparts knowledge about the forex market into the life is his students. One of his learning institutes is situated in Lagos and another one is in Port Harcourt.
Uche Paragon is a famous entity in the Nigerian online forex trading universe and doesn’t need an introduction to people who are familiar with forex trading groups and seminars across the country. He is also regarded for his love of expensive cars. Who doesn’t have good taste for money?
Uche Paragon Net Worth
Uche paragon has been lurking around the forex market since 2007 and has made a fortune since then. He bumped into the profitable universe of forex trading almost by accident.
While he was on the lookout for possible ways to make quick money online, he came across an advert by XM Forex brokers offering a $30 No Deposit Bonus for new traders in Nigeria.
Paragon got interested in the offer as it was irresistible. But it didn’t turn out to be an easy task for him to make money in the forex market. Paragon realized soon enough that without a proper strategy, he would continually lose his hard-earned money to the forex market.
He dedicated his time and effort to learn how to effectively trade the forex market by developing his profitable trading strategy and his persistence finally paid off. As of the time of this writing. Uche Paragon has an estimated net worth of $16 million, making him one of the richest forex traders in Nigeria. It would be hard to see a forex trader turn him over from that position.
Bade Ajidahun Afioluwa – Most Successful Forex Traders in Nigeria
Bade is also an excellent wealth-driven individual who experienced several losses while trading forex. Even though he was an entrepreneur, he decided to take on a new lucrative goldmine and realized soon enough that trading the forex market could increase his chance of getting wealthy in a short time.
Bade invested a huge amount of money and had it taken away due to his negligence of the forex market, and he lost a lot of money quickly from his gamble approach to the market.
It was a catastrophe for a person whose friends grew their wealth through Forex trading. He took full responsibility for his mistakes and sought to learn to master a contrary and profitable strategy to overtake the markets. Eventually, it all worked out for Bade and he was reckoned among Nigerian top players of the forex market.
Bade became one of the most successful forex traders in Nigeria that even his acquaintances and colleagues entrusted him with their funds at some point due to his expertise.
He was equipped with a premium forex strategy that was profitable most of the time. He didn’t lessen his learning a little bit which is a grave error several forex traders make frequently, but he continued improvising his strategies and methods and got for himself a seat among the top 10 richest forex traders in Nigeria.
He explained that Forex trading was entrepreneurship and business for him, and while others would give up after suffering losses, he saw it as a motivation to succeed.
Bade Ajidahun Afioluwa Net Worth
Bade Ajidahun Afioluwa has an estimated net worth of $220,000 making him one of the richest, and most successful forex traders in Nigeria. And he’s not just rich. At only 19years of Age Ajidahun also happens to be one of the youngest Nigeria forex millionaires.
Blessing Ezeako – Most Successful Forex Traders in Nigeria
Mrs. Blessing Ezeako is a forex trader with Lite Forex. She started trading the forex market as a business opportunity and it has become her full-time job. To her, forex is not a get-rich-quick scene or a Ponzi scheme. It requires dedication and a lot of activity to master the art.
Education is the major determinant of everything in her trading expertise. A major aim, she has accomplished is, achieving personal profit goals. She didn’t have luck at the beginning which was common in the forex market until she developed her trading strategy. Despite all the setbacks and money losses, which she suffered. She aimed to make Forex trading successful.
She attended several seminars where she learned lessons on trend trading, trading psychology, and money management that have taken her to where she has gotten today.
Her obstinate nature to be a successful forex trader eventually came into reality and Blessing became a prominent trader in Nigeria. Ultimately she has become one of the richest Forex traders in Nigeria. A wish of every Nigerian citizen.
She should be considered as a role model for prestigious women out there. If we consider Nigeria’s situation, it is a respectable move for a woman to take up a career in Forex. Even as such, she neglected all barriers on her way and became a success.
Blessing Ezeako Net Worth
Blessing Ezeako has an estimated net worth of $200,000. She has made most of her wealth in the forex industry and hails proper risk management and goal setting as some of the best character traits for people who want to become successful forex traders.
Chinedu Onuoha – Most Successful Forex Traders in Nigeria
He is widely known for his comprehensive tutorials and strategies he teaches novice traders. He is a very experienced trader, being in the quadrant of the forex industry for several years. Chinedu emphasizes that a profitable strategy will avert damage to funds. When an individual speculates on an instrument. it should not be winning at a streak and losing the other streak.
Chinedu currently takes on the responsibility of impacting forex trading knowledge to interested individuals. He is a respected individual in the country for his accurate methods of impacting forex knowledge and the experience he has should envy even the best traders.
Patrick Ogagbor – Most Successful Forex Traders in Nigeria
He has gone from his humble startup to his great heights within a short time. He has many clients through which he generates thousands of dollars. He has developed a great strategy and it has proved to be effective for him in his trading activities.
Patrick Ogagbor was a former Zenith bank staff before he quitted his job to become a full-time professional forex trader. He began to trade the forex market in 2003 and has made a fortune for himself ever since then. Through proprietary risk management and consistent executions of his strategy, he is no doubt one of the best forex traders in Nigeria.
He believes the market is an environment that needs to be understood in order to maximize profits. Little wonder he has been a force to reckon with among Nigeria’s top forex traders. He waits for the perfect timing and enters a trade when his requirements are met. This helps him to curb emotional attachments while on trades, thereby preserving his capital and multiplying his profits.
These few successful traders listed up there took a lot of intensive work hours to reach the climax. It is necessary to understand the power of not giving up even when the situation warrants it. You can be the next most successful trader. It only requires discipline just like we have read through in the lives of the richest and successful forex traders in Nigeria
Who is the Richest Forex Trader in Nigeria?
Uche Paragon is the richest forex trader in Nigeria. He has an estimated net worth of $16 million. Most often, Uche can be seen on Instagram flossing with his many cars. But apart from being the richest forex trader in Nigeria, Paragon also endeavors to help other Nigerians invest in the forex market. He has started several forex training schools in Nigeria.
Is Forex Trading in Nigeria Profitable?
Yes, forex trading in Nigeria is very profitable. depending on your starting capital and skills, you can earn anywhere from $1000 to infinite amounts trading online forex. And in case you are new to forex, we recommend you rea dour guide Everything You Need to Know about Forex Trading in Nigeria.
How Much Do You Need to Start Trading Forex in Nigeria?
You’ll need at least $5 to start trading forex in Nigeria. This is about 2,000 Nigerian Naira. there isn’t a lot of money you can make with such an account. In fact, starting forex trading with such a low amount will only lead to losses. To stand a better chance of making enough money with forex, consider starting with at least $100 capital.
Is Forex Trading Legit in Nigeria?
Yes, forex trading is totally legal and legit in Nigeria. There are no laws restricting you from investing in the lucrative forex trading industry.