Reports

FXTM introduces micro lot trading platform for Nigerians

FXTM, a global online trading company, has launched FXTM Edge, a new mobile-first platform designed to make forex and commodity trading more accessible to Nigerians.

According to a statement by the company, the app lowers the entry threshold to just $50 while reintroducing micro-lot trading, giving beginners a chance to start small and manage risk effectively.

Unlike traditional platforms such as MetaTrader, FXTM Edge was built specifically for Nigerian traders who have long faced barriers such as high minimum deposits, complex tools, and limited access to education.

By enabling smaller trades and offering built-in learning resources, the company said the goal is to “remove barriers and give everyone a chance to participate in global markets confidently.

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“Many Nigerians are interested in trading but are held back by complexity, high costs, or lack of experience,” said Adaeze Uzochukwu, Specialist, Education & Media at FXTM.

For new traders, the platform’s simplified interface avoids technical charts and advanced settings, while embedded educational tools and demo accounts provide step-by-step guidance.

This setup, Uzochukwu said, allows beginners to learn gradually and build confidence without the fear of heavy losses.

At the same time, FXTM Edge caters to experienced traders by combining competitive spreads starting from 1.2, mobile-first speed for trading on the go, and a rewards system that credits users based on both lots and units traded.

The company emphasised that the $50 deposit also allows professionals to test new strategies with lower capital exposure.

She said the platform reflects the realities of the Nigerian market, offering instant deposits and withdrawals in both naira and U.S. dollars for greater convenience.

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“Everybody is our target audience, medical professionals, lawyers, business owners, as long as you’re interested in trading and making extra money,” Uzochukwu said at the launch.

The company highlighted that FXTM Edge is not just another trading app but a gateway for Nigerians to enter global markets with confidence. Backed by FXTM’s reputation as one of the world’s leading online trading providers, the new platform is expected to encourage broader participation of Nigerians in global financial markets by combining affordability, education, and innovation in a single solution.

“Trading should not be intimidating,” Uzochukwu added. “With FXTM Edge, beginners can start small, learn with the right support, and grow at their own pace, while experts enjoy speed, rewards, and flexibility.”