Governed by price and time for that is the essence of life, Eagle Global Markets is a gateway that provides a platform whereby investors can have access to the global markets and also take advantage of price movement that exists in global markets. If you are new to the world of investing and would feel more secure being provided with a little support, it is salient to learn about the people and institutions that would help you get started.
You may be accustomed to the term broker, perhaps associating it with a stockbroker. When it comes to investing, a broker acts as an intermediary, facilitating trades between buyers and sellers of securities. In exchange for meshing these transactions, a broker charges a commission. Institutions or firms that assume this role are generally referred to as brokerage firms.
Choosing which broker to use is what is most terrifying for a brand new investor. There are three questions you need to ask yourself before choosing a broker. But before diving into these questions, the first thing you need to look out for is whether or not the brokerage firm is an online retail broker.
The first question you need to ask yourself is what you want to get involved with. Are you looking to trade equities, indices, commodities, or currency pairs? Because that is going to determine what sought of broker you should be looking at. Some brokers are better than others, some brokers only do certain things. Many times, a forex broker is only going to allow you trade currencies. It is not going to allow you trade commodities, equities or any other financial instruments.
If you have no idea of what you want to get involved with, then you are not ready for a broker yet. The second question you need to ask yourself is how active you are going to be. Are you going to be trading let say once a day, three times a week, two times in a month, and so on? All these go a long way in determining what type of broker you should be looking for.
The third question you need to ask yourself is how much money. Some brokers require a minimum trading deposit, some don’t. Once you can answer the three questions above, then you would be able to resolve the basic issues of what to trade? How to trade? And, how to make a profit?
Choosing the wrong broker would only make you broke. The second thing you need to look out for is whether or not the brokerage firm treats educating their clientele as an utmost priority. A brokerage firm that offers basic introductory, intermediate and advanced classes for free is very hard to come by.
Trading global markets is a dream come true for many traders around the world. The reason is not far-fetched, as it allows you to make money on your schedule, you don’t have to depend on others for success, and you finally get to create the life you want. There are endless opportunities accrued from trading global financial instruments, as it is a market that cuts across the world, but first, you need a Broker account.
Our Trading Platforms:
There are a lot of trading platforms out there but it is really important for you as a trader to get on a platform you can trust. At EGM, we offer our clients two different platforms to trade from. The first one is the MT4 platform which enables you to trade in USD. The second one is our cutting edge innovation and platform called the CloudTrade platform, which enables you to trade-in naira denomination.
The Naira CloudTrade Platform:
Forex Brokerz described Eagle Global Markets as a brokerage that targets mainly Nigerian investors. What this means is, you fund in naira, you trade in naira, and you also withdraw in naira. EGM with the CloudTrade Platform has successfully eradicated the bureaucratic bottleneck in trading the global market. Being the first PAN African brand to offer such an opportunity to Nigerians, we have been able to successfully do away with the hassles of operating a U.S. dollar-denominated account. Little wonder, we bagged the Business Day (BAFI) Awards, for the best digital trading platform of the year two times in a row.
With the EGM CloudTrade Platform, market accessibility has now become easier, our clients are now able to define their trading volumes in Naira. And above all, we provide a trading platform that brings to the table fast order execution with a depth of analytical tools to across over 3,000 assets such as equities, commodities, forex, and spot metals.
A client can trade as low as 50 naira. The platform as embedded in it, accumulated advanced level indicators, easy navigation, easy data feed, separable chat i.e. whilst conducting technical analysis, a trader can separate the chart from the platform. The platform is easy for analysis and manipulation, and above all, it is a web-based platform.
The EGM MT4 Platform:
The MT4 is a very popular platform, it has been around for a while, it is similar from one company to another. We have the MT4 platform also, it doesn’t differ from one competitor to another. With the EGM MT4 platform, you fund it with dollar. You can trade as low as 0.01 lot size. The EGM MT4 platform is easy to execute, it has an effective data feed, and you also have access to multiple indicators.
Range of Markets:
Professionally, a spread is the difference between the Ask and Bid price which is the broker’s charge on each of the tradable instruments presented to their clients to trade. EGM brings our clients a huge range of markets ensuring that global markets are now available at your fingertips. Our spreads and commissions are the most competitive in the markets.
Our Cloudtrade platform brings you an extensive list of hundreds of global markets all tradable in naira. For example, the index Australia 200 (Rolling Cash), on the Cloudtrade platform has a spread of 2 points from 23:00 to 05:00, 3 points from 05:00 to 23:00. 32 x stake for a margin factor, 1 index point, and opens Sunday 22:50 to Friday 21:00.
EGM MT4 brings the world’s most widely used trading platform to you. With hundreds of markets to choose from and 3 accounts configured to reflect your trading needs, you don’t need to look anywhere else for your global market home. We offer three types of accounts, we have the Classic, Pro-ECN, and the Pro-VIP. For our Classic account, we offer 1.4 pips, a leverage up to 400:1*, a minimum deposit of $0, a minimum trade volume of 0.01 and so on. For our Pro-ECN account, we offer 0.1 pips, leverage of 400:1*, a minimum deposit of $250, a minimum trade volume of 0.01 and so on. For our Pro-VIP account, we offer 0.1 pips, leverage based on the request, a minimum deposit of $2,000, and a minimum trade volume of 0.01.
Note, depending on the time of the day, and during volatility, the spread reduces. For more information about our markets range and spreads on our CloudTrade platform and MT4 platform visit eagleglobalmarkets.com. Once you have done that, select a range of markets.
Place of Business:
Eagle Global Markets (EGM) is a multi-asset derivative trading provider located at 28 Raymond Njoku St, Ikoyi 101233, Lagos. We provide an unrivaled level of customer support from friendly, knowledgeable staff, all delivered with the utmost client confidentiality.
At EGM, taking care of our clients is not a department’s duty, it is our entire company’s which means showing our clients how important he or she is to us and not only meeting their expectations but exceeding them. We have a great trading app, which can be downloaded both on ios store and google play store.
EGM IB Account:
Why be an IB? By now you should wonder why it should be interesting for you to be an IB. In general, the reasons are many, anyone who trades global markets can easily become an IB. The two main reasons why you should consider being an IB is that it affords you the possibility to earn money without any investment and earn more from your network.
EGM is an IB Partnership focused trading firm. At EGM, we set a highly-competitive IB commission rate. EGM highly values the business that you introduce and EGM generously reward this with an ongoing commission for every trade your referred clients make. At EGM, we have two types of IB accounts. We have the individual account and the company account.
Benefits of Becoming a Partner with EGM:
- A competitive IB commission structure.
- Advanced IB portal to track your client’s performance in real-time.
- Free marketing materials including banners and clients tracking links.
- 2 trading platforms to choose from.
- A personal IB account manager to supply professional support and assist your business to grow.
- Timely and transparent withdrawal payments.
Our Presence on Social Media:
While businesses of all shapes and sizes can benefit from a smart social presence, the importance of social media for financial brokerage really can’t be overstated. A social media profile can introduce you to new clients, remind existing customers about your value and be a means of sharing and boosting your content online.
The impact of social media in various walks of life is a well-known fact, and the busy and lucrative global markets trading is not immune to the charm exuded by social media. The social media can also be considered to be proof of existence, i.e. the company is not a scam.
A firm’s social media footprint can say a lot about how a brand is perceived by clients and the public at large. What is even more exciting is that very few brokers are effectively deploying a social media strategy.
At Eagle Global Markets, we are actively present on Instagram, Facebook, Twitter, and LinkedIn. Having an active presence on social media allows us to reach new prospects, connect with our clients on a deeper level and reinforce our role as a trusted advisor, eventually leading to selling more and solidifying our retention.
Deposit and Withdrawal Methods:
With EGM, deposit and withdrawal are quite easy and simple. With our dedicated account managers, deposits and withdrawal only get easier and simpler. After which a client must have provided his or her government approved identification card, and the client’s trading account must have been approved, the next line of action for the client is to fund his or her account.
At EGM, deposits can be made via bank USSD transfers, internet banking, and payment over a bank counter, or via POS available at our head office. At EGM, we focus on educating our clients with the utmost priority, as we desire to see and ensure that our clients are successful. Once you register on our platform you immediately begin to gain access to all our educational materials and other services. You would also have direct access to your account manager. Our account managers are dedicated professionals, and their job is to ensure that you have a smooth trading journey and a pleasant trading experience.
In place of the above, when it is time to request a withdrawal having made a profit, all you need to do is to make a withdrawal request, and your money would be sent to your bank account.
Eagle Global Markets is a trading name of Eagle GM Limited, a company registered in Nigeria with RC 1322866 at address Floor 4, The Bureau, 28 Raymond Njoku Street, S.W. Ikoyi, Lagos. Eagle Global Markets (EGM) is a financial brokerage offering trading services via MT4 and CloudTrade trading platforms. Regarding the orders execution model, Eagle Global Markets is a hybrid broker and offers to trade equities, commodities, indices, and forex. Eagle Global Markets is regulated by the FSB (South Africa).
- Staff Writer, Eagle Global Markets.
-First published on egmanalytics.com
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