Eagle Global Markets: Making trading global markets accessible in Naira

In the Nigerian finance space, traders and investors (both retail and institutional) have for long desired an indigenous platform that could provide and combine world class functionality into a user friendly interface.
This service is what Eagle Global Markets (EGM) provides –a trading platform that brings to the table fast order execution with a depth of analytical tools, to access over 3000 assets, in categories that include Equities, Commodities, Forex and Spot Metals.
Gbite Oduneye, CEO of Eagle Global Markets said that the company is here to stay and holds the interest of Nigerian traders at heart. Offering the highest levels of transparency, ease of transacting and most importantly constant innovation that will lead to client development, Oduneye also assured potential clients that global industry standards would be applied in the client onboarding process.
No doubt, the dawn of Eagle Global Markets sets a milestone, as it stands as the first PAN African brand to offer such an opportunity to Nigerian clients who previously, had to face the hassles of operating a U.S. Dollar denominated account, in other to access even less attractive markets.
To achieve this feat, EGM took into consideration the most pressing needs of traders and investors, and went ahead to build their proprietary platform called the CloudTrade.
CloudTrade promotes ease of market access, by ensuring competitive and affordable capital can be used to commence trading the financial markets. This previously was not the case as traders had to source for foreign currencies to fund their trading accounts, or deposit Naira equivalents, thereby limiting their trading capability and volume.
This disadvantaged position, together with the strain that the currency conversion process puts on the traders and even the economy, is now finally at its close. With CloudTrade, EGM clients are able to define their trading volumes in Naira, while getting up to the minute financial data in the form of economic news and a bird’s eye view on market performance using the powerful built-in indicators.
Developing the local market comes hand in hand with a pledge by EGM, to give primary focus to education and helping traders improve on their short and long term financial expectations. This is coming at a time when even on the global stage, the search for profitability and better yields across the financial markets, is a huge and pressing topic.