On Saturday 19^th April, the competition attracted 200 participants from cities including Port Harcourt, Ilorin, Ibadan, Abeokuta, and Lagos, showcasing a strong spirit of sportsmanship and community engagement.

The event featured six categories—Professional Male, Professional Female, Junior Male, Junior Female, Veteran Male, and Veteran Female—providing opportunities for cyclists of all skill levels to compete.

Registration commenced at 6:30 am and the race began at 8:00 a.m., with Juniors completing 10 laps, Veterans tackling 14, and Professionals racing an impressive 20 laps, each lap spanning 2.8 kilometers.

Impressive Prizes for Top Performers

Participants vied for significant cash prizes, with winners in the Professional categories receiving ₦800,000, ₦500,000, ₦300,000, and ₦200,000 respectively for the top four positions. Cyclists finishing in 5th to 15th places were also rewarded with ₦50,000 each.

In the Junior Male and Female categories, the top three spots earned ₦200,000, ₦100,000, and ₦50,000, respectively. Veteran winners took home ₦500,000, ₦300,000, and ₦200,000 for 1st, 2nd, and 3rd positions respectively.

A Celebration of Sportsmanship and Unity

Participants and spectators praised FXTM Academy for organizing an event that fostered unity and provided a platform for cyclists to showcase their talents. Many attendees expressed gratitude for the opportunity to take part in such a well-organized and inclusive competition, eagerly anticipating future events.

The event also highlighted FXTM Academy’s commitment to empowering communities and promoting similar values that also align with cycling which are perseverance, discipline, endurance and continuous improvement.

Looking Ahead

With its outstanding success, this charity cycling event has established a new benchmark for community-focused initiatives in Nigeria.

FXTM Academy’s dedication to blending sport, charity, and empowerment has left a lasting impact, inspiring many to look forward to our future events

Kelechi Ehibudu, the country representative, said:

“FXTM Academy wants to empower communities and promote similar values that also align with cycling which are perseverance, discipline, endurance and continuous improvement.”

Through the FXTM Academy, electronic trading (E-trading) was introduced with the aim of simplifying the buying and selling of financial assets online.

These assets, known as financial instruments, range from currencies and commodities like oil and gold to shares of major companies such as Facebook and Apple.

With over 11 years of global experience and more than a million users worldwide, FXTM is a trusted name in the financial market. Our established reputation makes us a reliable partner for traders of all levels.

In Nigeria alone, the FXTM Academy has hosted five successful welcome events this year, drawing over 800 attendees and proudly graduating more than 30 traders.

Abiola Akinyele, executive director of FXTM Nigeria, said:

“In FXTM Academy, we provide students with a comprehensive and hands-on understanding of critical financial markets, including currencies, equities, indices, spot metals, and commodities. We cover essential skills such as fundamental analysis, technical analysis, and more. Whether online or in person, our regularly organized seminars, workshops, and webinars equip our clients with the strategies they need to trade profitably and confidently.”

As the world increasingly embraces artificial intelligence, FXTM has taken the lead by launching the innovative FXTM AI Trader Coach app.

This tool offers personalized trading guidance, real-time insights, and an engaging learning experience, making it ideal for traders at all levels.

Whether you’re practicing, returning to the market, or refining your skills, the AI Trader Coach helps you grow into a more strategic and confident trader.

Akinyele further said:

“FXTM Academy goes beyond technical skills. We delve into the psychology of trading, which makes up 80% of success in the field. Our training covers risk management, avoiding emotional pitfalls like greed, impatience, overtrading, and confirmation bias, all of which are crucial to protecting your capital and ensuring long-term success.”

This one-day seminar brings together some of the respected voices in the industry to provide attendees with invaluable insights, advanced strategies, and practical knowledge to succeed in the dynamic world of financial market trading.

The seminar, according to a statement by FXTM Academy, is designed for traders at all levels, from beginners to seasoned professionals. It will feature a comprehensive agenda, including foundational topics, advanced technical analysis, risk management and market psychology.

Keynote speakers include Lukman Otunuga, a Senior Financial Market Analyst, Matthew Anthony, a Market Analyst/Educator and Pius Ogbu, a Trainer, Specialist, Client Education in the Financial Market Knowledge.

This seminar is an incredible opportunity for anyone interested in the Financial Market trading to learn from leading industry experts, FXTM Academy told Techeconomy.

Topics to be covered in the training include; basic trading concepts to advanced trading strategies, while interactive workshops includes hands on sessions where participants can practice what they have learnt and receive personalized feedback.

Experts will perform live trading, showcasing their strategies in real time. Participants can equally connect with like-minded traders and industry professionals to share insights and experiences.

Executive Director of FXTM in Nigeria, Abiola Akinyele said:

“Our goal is to empower participants with the knowledge and tools they need to navigate the market confidently and effectively.

“We are determined to offer training opportunities to traders and prospective traders, to ensure they develop the skills required for them to trade efficiently in the global market.

“Traders and new beginners are assured of huge opportunities to learn and become more professional in their trading skills. We are going to provide enough time and opportunities for questions, and our experts are ready and willing to provide the answers.”

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FXTM Academy is dedicated to helping traders and trainees achieve exceptional results in the global markets.

According to Mathew Anthony, Educator at FXTM Academy

“We are a global online trading platform that offers stocks, commodities, and other financial instruments, providing traders with access to various markets, competitive pricing, and advanced trading tools.

“Our goal is to empower traders to Learn, Trade and Earn from the global markets.”

This Academy will provide free tutorials through webinars, workshops, video presentations, online courses, market analysis, insights, professional mentorship, and support.

“By offering education and training, FXTM Academy aims to help traders improve their trading skills, make informed trade decisions, and achieve their financial goals.”

Abiola Akinyele, Executive Director of FXTM Nigeria said the registration of the training has opened on the FXTM website and event will take place on the 17th of August.

He said it will be quite exciting and will provide great opportunities for participants to grow the skills to unprecedented heights and to join the ranks of the elite.

In a year marked by global financial market turbulence, FXTM Academy emerged as the beacon of opportunity, empowering individuals to navigate uncertain times with confidence.

As 2023 presents its challenges, FXTM Academy invites you to upskill, adapt, and secure your financial future.

The current global economic landscape has been far from smooth sailing, impacting economies worldwide, including that of Africa’s largest economy – Nigeria.

The nation grapples with surging oil local prices and an escalating cost of living. The recent change in government has further intensified uncertainties, sending ripples across all sectors of society.

In response to the formidable inflationary pressures reminiscent of 2005, the Central Bank of Nigeria has hiked interest rates, amplifying the burden on consumers.

With projections of even higher crude oil prices post the removal of fuel subsidies, the average Nigerian faces the prospect of reduced disposable income.

Families find themselves squeezed financially, necessitating diversified income streams for survival.

While the horizon holds promise of economic revival, it takes more than optimism to weather the ongoing storm. Enter FXTM, your partner in equipping you with the tools and expertise needed to navigate and capitalize on these market dynamics.

Amidst uncertainty lie unprecedented opportunities within the global financial markets.

According to Lukman Otunuga, Senior Market Analyst of FXTM, the Academy recognizes this potential of interested participants and invites them to be part of the transformation. “We have experts in the field who can train interested participants to learn, trade and grow in turbulent markets.

“Our educators impart actionable insights to enable participants harness market potential, setting them on the path to success. Attendees stand to gain valuable giveaways, cutting-edge technical accessories, and trading credits, among other prizes.”

FXTM Academy Highlight:

Engagement: The inauguration event will take place on Saturday 2^nd September at the prestigious Watercress Hotel 48 Orithse Street, Off Balogun St Allen, Ikeja, Lagos. The event commences promptly at 10:00 AM.

If you are ready to mould your financial destiny, FXTM Academy welcomes you with open arms.

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