When it comes to forex trading in Nigeria, few academies stand out as distinctly as the Habby Forex Academy. So, if you’ve been searching the internet for the most detailed and comprehensive Habby Forex trading academy reviews, you’ve landed at the right place.
In this guide, you’ll discover everything you need to know about Habby Forex Academy – from its course offerings to its trainers’ expertise, and everything in between.
Habby Forex Academy is a trading academy that offers mentorship programs to help individuals become professional Forex traders and financial analysts.
They have a unique path for their mentorship program that takes individuals through the process of becoming a professional Forex trader. They also offer trade signals that provide sniper entries and on-point trade analysis for individuals who are new to trading.
Also Read: Best Forex Academies in Nigeria.
Habby Forex Academy Location
Habby Forex Academy boasts physical offices in three major Nigerian cities – Ikeja, Lekki, and Abuja. This ensures that no matter where you are in these metropolises, you’re within reach of world-class forex education.
But what if you’re not close to these cities? Well, you don’t need to worry. They’ve got you covered with their online training options via Zoom. Whether you’re a resident of Nigeria or living abroad, all you need is an internet connection to tap into their wealth of knowledge.
Curriculum and Expertise
One of the highlights of Habby Forex Academy is its robust curriculum. The academy boasts an extensive curriculum that delves deep into essential forex topics:
- Technical Analysis: Understand price charts, identify patterns, and predict future price movements.
- Risk Management: Learn the crucial skill of protecting your capital from unfavorable market movements.
- Trading Strategies: Familiarize yourself with a variety of strategies to navigate the ever-changing forex market.
The crown jewel of this curriculum is the experienced and acclaimed trainer, Damilare Ogundare (HabbyFx). As one of the most successful forex traders in Nigeria, he brings invaluable insights and firsthand experiences to the table.
Also Read: Habby FX Net Worth
To provide you with a genuine taste of the forex market, the Habby Forex Trading Academy includes live trading sessions in both their physical and online classes. These sessions allow you to witness, in real time, the decision-making processes of seasoned traders, giving you a front-row seat to the action and intricacies of the market. time.
And for those moments when you want to go over something again, their pre-recorded sessions ensure you can revisit any topic, anytime you want.
The academy also throws in a free month of premium trading signals. These aren’t just random tips but well-researched insights and analyses that can guide your trading decisions. These signals can be a game-changer, especially if you’re just starting out and need that extra push.
While the primary focus of the Habby Forex Trading Academy remains on instilling profound trading knowledge and strategies in their students, there’s an equally crucial component of forex trading that they emphasize – selecting the right forex broker.
Why is Choosing a Forex Broker Important?
Navigating the complex world of forex trading without a reliable broker is akin to sailing turbulent waters without a compass. Your broker serves as your gateway to the forex market. Hence, selecting one that aligns with your trading goals, style, and risk appetite is pivotal to your trading success.
What Habby Forex Academy Covers:
Regulation and Safety: The academy stresses the importance of choosing forex brokers that are regulated by reputable authorities. This ensures your funds are safe, and the broker operates with transparency and integrity.
Trading Platforms: You’ll learn about different forex trading platforms like MetaTrader 4, MetaTrader 5, and cTrader. The academy guides you on which platforms are user-friendly, offer essential tools, and are stable.
Fees and Spreads: Understand the difference between fixed and variable spreads and how brokers might charge commissions. You’ll be taught to analyze fee structures, ensuring you choose a broker that offers competitive rates without compromising on service quality.
Leverage and Margin: Grasp the basics of leverage offered by brokers. While high leverage can amplify profits, it can equally magnify losses. The academy ensures you’re well-versed with the risks and benefits.
Customer Service: Habby Forex Academy emphasizes the importance of responsive and knowledgeable customer support. You’ll learn how to assess a broker’s support quality, ensuring they’ll be there when you need them most.
Additional Features: From educational resources, research tools to social trading features, you’ll get insights into various extras that brokers might offer and how they can aid in your trading journey.
Account Types: Dive deep into different account offerings – from micro, mini to standard accounts. Understand the nuances of each and determine which aligns best with your trading goals.
Deposits and Withdrawals: Efficient and hassle-free money transactions are crucial. You’ll be trained to scrutinize a broker’s deposit and withdrawal policies, ensuring smooth financial operations.
Top 3 Forex Brokers As Recommended by habby Forex
LiteFinance is an online forex broker that was established in 2005. With almost two decades of experience under its belt, LiteFinance offers trading in a wide range of assets, including forex, metals, stocks, indices, and commodities.
For those of you keen on continuous learning, XM Forex doesn't disappoint. With a plethora of webinars, seminars, and video tutorials, there's a wealth of knowledge to tap into. This commitment to education shows that XM Forex is invested in your trading success.
Your funds' safety is paramount. Exness is regulated by top-tier financial authorities. This gives you the confidence that your funds are secure and that the broker operates under strict guidelines
Habby Forex Academy Training Cost
In terms of financial investment, attending physical classes comes at a fee of $400, which is equivalent to ₦307,200 (using the conversion rate of 1 USD = 767 Naira). This might seem steep, but remember, quality education is an investment in your future.
On the other hand, the online training is priced at $600, translating to ₦460,200. While the online option is pricier, the convenience and flexibility it offers can be invaluable for many.
Now, I’ve been asked quite a few times about payment flexibility, and I have good news.
Habby Forex Academy understands the financial constraints many Nigerians face, which is why they’ve introduced an installment payment option.
Students can now split their fee into two manageable payments. The first half is due upon enrollment, securing your spot, and the second half can be paid midway through the course. This arrangement allows many to access the academy’s top-notch resources without feeling the financial strain all at once.
Final Thoughts: Is Habby Forex Academy Worth It?
Given the comprehensive curriculum, expert-led training sessions, and the added perk of trading signals, Habby Forex Academy seems like an excellent choice for both budding and seasoned traders in Nigeria. The slightly higher fee for online classes might raise eyebrows, but for the flexibility and comfort it offers, many might find it justifiable.
If you’re serious about mastering the art of forex trading, giving Habby Forex Academy a shot might just be one of your most rewarding decisions. The combination of in-depth theoretical knowledge and hands-on experience is sure to provide you with a robust foundation in forex trading.
Note: Always conduct personal research and due diligence before making any educational investment.
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