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best volatility 75 index forex brokers in nigeria review

6 Best Volatility 75 Index Forex Brokers in Nigeria

The 6 Best Volatility 75 Index Forex Brokers in Nigeria. We tested the best VIX 75 index forex brokers for Nigerian Traders. 

This is a complete guide to brokers that offers traders in Nigeria the chance to trade on the Volatility 75 Index

In this in-depth guide you’ll learn:

  • What is the Volatility 75 Index and why Nigerian Traders should invest/trade in it?
  • Volatility 75 index vs NASDAQ 100 index – Explained
  • How to choose the best VOL 75 broker for your trading style
  • The Best Metatrader 4 (MT4) and Metatrader 5 (MT5) VIX 75 platforms.
  • Who is our #1 recommended 75 Index Volatility Broker in Nigeria 
  • Which Vix 75 broker offers a no deposit sign-up bonus?

Lots more…

So if you’re ready to go “all in” trading with a VIX 75 Index Forex Broker, this guide is for you.

Let’s dive right in…

10 Best Forex Brokers in Nigeria for 2023

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

Forex4you ColorLogo 200x150 1

4.5/5

User Score

#4

Tickmill Review South Africa

4.4/5

User Score

#5

4.7/5

User Score

#6

4.6/5

User Score

#7

4.7/5

User Score

#8

AvaTrade Islamic

4.8/5

User Score

#9

4.4/5

User Score

#10

4.7/5

User Score

Updated : March 3, 2023

6 Best Volatility 75 Index Forex Brokers in Nigeria (2023)

  1. IG Group – Overall, the Best Volatility 75 index broker
  2. HFM – Local NGN Broker in Nigeria offering VIX 75 index trading.
  3. AvaTrade – Great all-around Broker for Beginner traders.
  4. IC Markets – Largest True ECN and VOL 75 Broker for Nigerians
  5. eToro – Best Social and Copy Trading Platform
  6. Plus500 – Excellent Web Base Trading and 24/7 Live Support

What is the Volatility 75 Index?

👉 The Volatility 75 Index tracks implied volatility based on the options market. The overall stock market is long-biased, which means that the VIX generally displays sideways to gradual down movements. It is the VIX’s sustained low levels that warn keen investors of potential complacency in the market.

Best Vix 75 Index Forex Brokers in Nigeria – Comparison

🥇 Broker💻 Volatility 75 Index Broker?💳 Minimum Deposit (₦)💸 NGN Deposits Allowed?👉 Open An Account
1. IG✔️ Yes104,000 Nigerian Naira equivalent to $250Yes👉 Open Account
2. HFM✔️ Yes2,000 Nigerian Naira equivalent to $5No👉 Open Account
3. AvaTrade✔️ Yes41,000 Nigerian Naira equivalent to $100No👉 Open Account
4. IC Markets✔️ Yes83,000 NGN equivalent to $200No👉 Open Account
5. eToro✔️ Yes83,000 NGN equivalent to $200No👉 Open Account
6. Plus500✔️ Yes41,000 Nigerian Naira equivalent to $100No👉 Open Account

1. IG Group

Overall Rating

Min Deposit

USD 0 / 0 NGN

Regulators

IGRs

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

80

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 
 

Overview

👉 IG Groups is one of the largest online brokers in the world with a massive tradable instrument portfolio of over 17,000. Nigerian traders have access to some of the best trading conditions in the industry, a range of advanced tools, educational material, and a choice in retail investor accounts.

 

Unique Features

FeatureInformation
⚖️ RegulationFCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, CFTC, FINRA, NFA, BMA
⚖️ CBN RegulationNo
📊 Trading AccountsIG Trading Account, IG Professional Account, IG Options Trading Account, IG Turbo24 Account, Limited Risk Account, Share Dealing Account, Exchange Account (NADEX)
💻 Trading PlatformMetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, FIX API
💳 Minimum Deposit (₦)104,000 Nigerian Naira equivalent to $250
📈 Trading AssetsForex, Shares, Indices, Commodities, Cryptocurrencies, Interest Rates, Bonds, ETFs, Futures, Options
📊 Nigerian Naira-based Account?No
💳 NGN Deposits AllowedYes
💰 Bonuses for Nigerian tradersNo
📈 Minimum spread0.1 pips (DMA) on EUR/USD
📈 Demo AccountYes
☪️ Islamic AccountYes
📊 Social Trading OfferedYes

 

Average Fees

➡️️​ Typical spread – 0.1 pips EUR/USD

➡️️​ Minimum Deposit – 104,000 Nigerian Naira equivalent to $250

➡️️​ Overnight Fees on forex, for instance, is the nights held x (tom next rate from the underlying market as well as an annual fee) x trade size

➡️️​ Deposit/Withdrawal fee (range)

 

IG Pros and Cons

✔️ Pros❌ Cons
Well-regulated and large forex broker with regulations in several regions through reputable market regulators including the Financial Conduct AuthorityHigh minimum deposit requirement when registering an account
Competitive trading conditions are offeredThere is an inactivity fee charged
IG Group caters for all types of traders despite their trading experience
Longstanding reputation in the trading industry
Client funds are kept in segregated accounts and investor protection is offered
There are several retail investor accounts to choose from and several powerful trading platforms

 

Trust Score and Nigerian Market Share

🥇 Trust Score – 99%

🥇 Market Share – <5%

2. HFM

Overall Rating

Min Deposit

USD 0 / 0 NGN

Regulators

FSCA, CMA, CySEC, DFSA, FSA

Trading Desk

MetaTrader 4, MetaTrader 5, HFM Trading App

Crypto

No

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Overview

👉 HFM is one of the most regulated forex and Contracts for Difference (CFD) trading brokers in the industry. HFM has a truly global presence and offers its trading services and solutions to all types of traders around the world.

👉 HFM is an ideal forex broker for beginners, advanced traders, and institutional investors because of the dynamic trading conditions, advanced trading tools, forex platforms, and education offered.

HFM Unique Features

FeatureInformation
⚖️ RegulationFSCA, CySEC, DFSA, FSA, FCA, FSC, with registration in ACPR, BaFin, MNB, CONSOB, CNMV, FI, FMA, FSC, and other regions
⚖️ CBN RegulationNo
📊 Trading AccountsMT5/MT 4 Micro Account, Premium Account, HFcopy Account, Zero Spread Account, Auto Account
💻 Trading PlatformMetaTrader 4, MetaTrader 5
💳 Minimum Deposit (₦)2,000 Nigerian Naira equivalent to $5
📈 Trading AssetsForex Currency Pairs, Precious Metals, Energies, Indices, Shares, Commodities, Cryptocurrencies, Bonds, Equity markets and Stocks DMA, ETFs
📊 Nigerian Naira-based Account?No
💳 NGN Deposits AllowedNo
💰 Bonuses for Nigerian tradersYes
📈 Minimum spread0.0 pips EUR/USD
📈 Demo AccountYes
☪️ Islamic AccountYes

Average Fees

➡️️​ Typical spread – From 0.0 pips

➡️️​ Minimum Deposit – 2,000 Nigerian Naira equivalent to $5

➡️️​ Commissions – From $3 for forex major pairs and $4 for other complex instruments

➡️️​ Overnight Fees – swaps are adjusted daily according to the market conditions and the rates which are obtained by price providers

HFM Pros and Cons

✔️ Pros❌ Cons
HFM is a trusted broker with a strong international presenceClients from the United States are not accepted
Regulated by several entities, including the strict and demanding Financial Conduct AuthorityVariable competitive spreads are not offered
There are several bonuses and promotions offeredLimited selection of deposit methods and withdrawal options
There is a decent selection of retail investor accounts offered
The broker offers tight spreads and commission-free trading options

Trust Score and Nigerian Market Share

🥇 Trust Score – 83%

🥇 Market Share – 2.5%

3. AvaTrade 

Overall Rating

Min Deposit

USD 100 / 41450 NGN

Regulators

ASIC, FSA

Trading Desk

MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

👉 AvaTrade is the largest forex broker for beginner traders in Nigeria. The broker offers an impressive portfolio of educational material spread across forex articles, guides, tutorials, educational videos, and more.

 

👉 AvaTrade also offers a wide range of complex instruments that can be traded across several financial markets. While there is only one retail account, AvaTrade offers some of the most competitive spreads that can be expected from a market maker broker.

 

Unique Features

FeatureInformation
⚖️ RegulationCentral Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, FRSA, CySEC, ISA
⚖️ CBN RegulationNo
📊 Trading AccountsRetail Investor Account, Professional Account Option
💻 Trading PlatformAvaTradeGO, AvaOptions, AvaSocial, MetaTrader 4, MetaTrader 5, DupliTrade, ZuluTrade
💳 Minimum Deposit (₦)41,000 Nigerian Naira equivalent to $100
📈 Trading AssetsForeign currencies, Cryptocurrencies, Commodities, Treasuries, Bonds, Indices, Stocks, ETFs, Options, Contract for Difference (CFD), Precious Metals
📊 Nigerian Naira-based Account?No
💳 NGN Deposits AllowedNo
💰 Bonuses for Nigerian tradersYes
📈 Minimum spread0.9 pips EUR/USD
📈 Demo AccountYes
☪️ Islamic AccountYes
📊 Social Trading OfferedYes

 

Average Fees

➡️️​ Minimum Deposit – 41,000 Nigerian Naira equivalent to $100

➡️️​ Typical spread – 0.9 pips EUR/USD

➡️️​ Overnight Fees – EUR/USD is -0.0026% sell and -0.0067% buy.

 

AvaTrade Pros and Cons

✔️ Pros❌ Cons
Well-regulated broker with competitive spreads and various social trading opportunitiesIC Markets does not hold regulations from the Financial Conduct Authority (FCA)
Flexible and powerful trading platforms are available for the web, desktop platforms, and mobile devicesUnited States traders are not accepted
There are low trading costs involvedFixed spreads are not offered
The transaction costs are transparent and cater for various traders despite their financial situation

 

Trust Score and Nigerian Market Share

🥇 Trust Score – 91%

🥇 Market Share – <5%

4. IC Markets

Overall Rating

Min Deposit

USD 200 / 82900 NGN

Regulators

ASIC 

Trading Desk

Metatrader 4

Crypto

Yes

Total Pairs

65

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

👉 IC Markets has been in operation since 2007 and it is the largest true Electronic Communications Network (ECN) forex broker in the forex market. IC Markets is well-regulated and offers advanced trading services and solutions to professional traders, novice traders, and institutional investors who seek the best trading conditions.

 

👉 IC Markets also offers access to the best liquidity providers in the trading industry as part of an ever-expanding list. In addition, IC Markets also offers tailored trading solutions to retail traders in Nigeria who want to add a competitive edge to their trading activities.

 

Unique Features

FeatureInformation
⚖️ RegulationCySEC, FCA, ASIC, FinCEN, FINRA, SIPC, DNB, FSA
⚖️ CBN RegulationNo
📊 Trading AccountsRetail, Professional
💻 Trading PlatformeToro trading app and web-based platform
💳 Minimum Deposit (₦)83,000 NGN equivalent to $200
📈 Trading AssetsForex pairs, Commodities, Exchange-Traded Funds (ETFs), Indices, Stocks, Crypto trading, Stocks
📊 Nigerian Naira-based Account?No
💳 NGN Deposits AllowedNo
💰 Bonuses for Nigerian tradersYes
📈 Minimum spread1 pip EUR/USD
📈 Demo AccountYes
☪️ Islamic AccountYes
📊 Social Trading OfferedYes

 

Average Fees

➡️️​ Typical spread – 0.0 pips EUR/USD

➡️️​ Minimum Deposit – 83,000 Nigerian Naira equivalent to $200

➡️️​ Commissions – from $3 per side/$6 per round turn

➡️️​ Overnight Fees – EUR/USD is -3.98 long and 0.35 short

 

IC Markets Pros and Cons

✔️ Pros❌ Cons
Well-regulated broker with competitive spreads and various social trading opportunitiesIC Markets does not hold regulations from the Financial Conduct Authority (FCA)
Flexible and powerful trading platforms are available for the web, desktop platforms, and mobile devicesUnited States traders are not accepted
There are low trading costs involvedFixed spreads are not offered
The transaction costs are transparent and cater for various traders despite their financial situation

 

Trust Score and Nigerian Market Share

🥇 Trust Score – 85%

🥇 Market Share – 3.7%

5. eToro 

Overall Rating

Min Deposit

USD 50 / 20725 NGN

Regulators

CySec, FCA 

Trading Desk

None

Crypto

Yes

Total Pairs

47

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

👉 eToro stands out as the best social trading broker for Nigerians in addition to being multi-regulated and well-established forex and CFD broker. eToro is also popular because of its robust proprietary desktop platform and mobile app that offers Nigerian traders access to VIX and several other financial instruments.

 

Unique Features

FeatureInformation
⚖️ RegulationCySEC, FCA, ASIC, FinCEN, FINRA, SIPC, DNB, FSA
⚖️ CBN RegulationNo
📊 Trading AccountsRetail, Professional
💻 Trading PlatformeToro trading app and web-based platform
💳 Minimum Deposit (₦)83,000 NGN equivalent to $200
📈 Trading AssetsForex pairs, Commodities, Exchange-Traded Funds (ETFs), Indices, Stocks, Crypto trading, Stocks
📊 Nigerian Naira-based Account?No
💳 NGN Deposits AllowedNo
💰 Bonuses for Nigerian tradersYes
📈 Minimum spread1 pip EUR/USD
📈 Demo AccountYes
☪️ Islamic AccountYes
📊 Social Trading OfferedYes

 

Average Fees

➡️️​ Minimum Deposit – 83,000 NGN equivalent to $200

➡️️​ Typical spread – 1 pip EUR/USD

➡️️​ Overnight Fees – EUR/USD is $-0.00000857 on a short (sell) position and $0.00005637 on a long (buy) position.

➡️️​ Withdrawal fee – $5 flat fee on all payment methods

➡️️​ Currency Conversion Fee – from 50 pips

 

eToro Pros and Cons

✔️ Pros❌ Cons
Well-regulated broker with Financial Conduct Authority regulation amongst other popular market regulatorsMetaTrader is not provided or supported
Large online communityLimits are applied to the maximum leverage for retail clients
Powerful trading software providedThere is a limited selection of types of accounts
Offers a wide range of complex instruments that can be tradedFixed competitive spreads are not offered
Trusted broker that provides negative balance protection, client fund security, and investor protectionThe spreads charged are not the tightest
There is an inactivity fee applied

 

Trust Score and Nigerian Market Share

🥇 Trust Score – 91%

🥇 Market Share – <5%

6. Plus500 

Overall Rating

Min Deposit

USD 100 / 41450 NGN

Regulators

CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA

Trading Desk

WebTrader

Total Pairs

70

Crypto

Yes (Availability subject to regulations)

Trading Fees

Low

Account Activation Time

24 Hours

 

👉 Plus500 is not only the best CFD broker on this list but also the broker that features one of the most powerful, innovative proprietary trading platforms in the forex industry. In addition, Plus500 allows Nigerian traders access to over 2,000 financial instruments spread across several markets.

 

👉 Plus500 offers tailored solutions to intermediate traders and professional investors from around the world, despite their trading styles or objectives.

 

Unique Features

FeatureInformation
⚖️ RegulationSIC, FMA, FSCA, FCA, CySEC, FSA, MAS
⚖️ CBN RegulationNo
📊 Trading AccountsStandard trading account
💻 Trading PlatformProprietary mobile trading app mobile devices and web-based trading
💳 Minimum Deposit (₦)41,000 Nigerian Naira equivalent to $100
📈 Trading AssetsForex, Indices, Commodities, Cryptocurrencies, Shares, Options, Exchange-Traded Funds (ETFs)
📊 Nigerian Naira-based Account?No
💳 NGN Deposits AllowedNo
💰 Bonuses for Nigerian tradersNo
📈 Minimum spread0.8 pips EUR/USD
📈 Demo AccountYes
☪️ Islamic AccountYes
📊 Social Trading OfferedNo

 

Average Fees

➡️️​ Typical spread – 0.8 pips EUR/USD

➡️️​ Minimum Deposit – 41,000 Nigerian Naira equivalent to $100

➡️️​ Overnight Fees – EUR/USD is -0.0074% when traders go long and -0.0039% when traders go short

 

Plus500 Pros and Cons

✔️ Pros❌ Cons
Trusted and well-established CFD trading broker for beginner traders and institutional investorsGuaranteed stops are not free
Offers 24/7 customer serviceThere is restricted leverage on retail accounts
There are no commissions on tradesThere is an inactivity fee applied
Negative balance protection is appliedMost trading strategies are prohibited including expert advisors, automated trading, hedging, scalping, and others
There are low trading costs, tight spreads, and transparent transaction costs that fit in with any financial situationPlus500 does not currently offer a desktop platform

 

Trust Score and Nigerian Market Share

🥇 Trust Score – 99%

🥇 Market share – <5%

Overview

👉 The Volatility Index is often abbreviated as VIX or referred to just as Volatility 75. It is a special index that is calculated and measured by the Chicago Board Options Exchange, or CBOE. The purpose behind the VIX is to measure the volatility surrounding the S&P 500.

 

👉 Nigerian traders are granted a plethora of trading opportunities across several financial instruments. The Nigerian forex market and the Nigerian Exchange Group are not the only two markets available to novice traders or professional traders, regardless of their trading styles or objectives.

 

👉 While trading the VIX can seem very intimidating, several trading strategies can be used to pursue profits in this index. Several guides offer financial advice, trading tools, and video tutorials to help Nigerians make improved trading decisions when they trade VIX and other financial markets.

 

👉 In addition, beginners and advanced traders are urged to view the following sections:

➡️️​ How to choose a forex broker

➡️️​ Understanding how the VIX Works

➡️️​ Best Trading Strategies for VIX

Top 10 Brokers in Nigeria

Broker

Rating

Regulators

Min Deposit

Leverage

Sign Up Bonus

Spreads

Website

1

9/10

FSCA, FSA, CySEC, FCA, CBCS, FSC (BVI), FSC

$10

1:Unlimited

10%

0.1 pips

2

8/10

ASIC, FSA

$100

1:400

40 USD

0.91 pips

3

8/10

FSA, FCA, CySEC, FSCA

$100

1:20

30 USD

0.07 pips

4

8.7/10

CySEC, FSC, CFTC

$5

1:500

30 USD

1 pips

5

8.5/10

FSA, FSCA

$100

1:200

20 USD

0.9 pips

6

8.4/10

FSA, CySec

$1

1:3000

30 USD

0.3 pips

7

8.3/10

IFSC, CySEC

$100

1:3000

100 USD

0 pips

8

8.2/10

FSC, IFSC, MFSC

$10

1:400

50%

0.4 pips

9

8.1/10

IIROC, ASIC, CFTC, NFA, FCA, FFAJ, MAS, MFSA

$0

1:200

1000 USD

0.2 pips

10

8/10

CySec, FSC, FSA, BaFin, NFA

$100

1:200

30%

1.5 pips

Top 10 Brokers

Broker

Deposit

Leverage

Website

1

$10

1:Unlimited

2

$100

1:400

3

$100

1:30

4

$5

1:500

5

$100

1:200

6

$100

1:3000

7

$100

1:3000

8

$10

1:400

9

$0

1:200

10

$100

1:200

How to Choose a Forex Broker

How to Choose a Forex Broker

👉 Nigerian traders must evaluate the following components of a forex broker to decide whether the broker is suited to their unique trading objectives and/or needs.

 

Regulations and Licenses

👉 This is the first important component that traders must thoroughly evaluate. Reputable brokers are regulated by market regulators such as FCA, ASIC, CySEC, FSCA, and others. Nigerians must beware when dealing with brokers that only have offshore regulation such as FSA, SVG BVI, FSC, and others.

 

Account Features

👉 Account Features includes leverage trading and margin requirement, commissions and spreads, initial deposit, additional features on retail investor accounts, and so on.

 

Deposits and Withdrawals

👉 Nigerians must evaluate the payment options available, the processing times on withdrawal requests, deposit currencies offered, the withdrawal fee, deposit fees, and minimum withdrawal limits among other trading and non-trading fees.

 

Range of Markets

👉 The range of markets offered refers to the number and range of tradable instruments that the broker offers. Nigerians must consider what they wish to trade and what is available.

 

Customer Support

👉 Customer Support is another crucial factor and Nigerians must check the availability of support (trading hours), the quality of support, and the promptness with which the customer support team responds to queries.

 

Trading Platform

👉 A trading platform is the Nigerian trader’s portal to the financial markets. Traders must ensure that the trading platform has the necessary technical indicators, fundamental analysis, technical analysis, economic calendar, charting, newsfeed, and other tools they may need.

 

Education and Research

👉 Education and Research come in handy to both novice traders and experienced investors. Education includes some of the following:

➡️️​ eBooks

➡️️​ Trading guides

➡️️​ Trading knowledge on leveraged products

➡️️​ A risk warning on complex instruments

➡️️​ Educational videos

 

👉 Research can include some of the following:

➡️️​ Trading tools

➡️️​ Commentary

➡️️​ Status of International Markets

➡️️​ Price movements

➡️️​ Market sentiments

➡️️​ Whether there is a volatile market

➡️️​ Exchange Rates

➡️️​ Expert opinions and several other resources can help experienced traders make informed trading decisions.

Understanding how the VIX works

Understanding how the VIX works

👉 In the stock market, the VIX serves as a measure of investor confidence or trepidation. Typically, the VIX has a value of 30 and over this figure indicates extreme volatility in the overall stock market, which is interpreted as investor worry.

 

👉 Investor complacency may be seen when the VIX dips below 30. This can be seen as a sign of calm in the market. Investors tend to be more cautious when the market is turbulent, and the converse is true when the market is calm.

 

👉 To put it another way, when the S&P500 drops in value, investors become more cautious and the VIX rises, pushing its value over 30 because of the increased volatility.

 

👉 Volatility 75 does quantify market volatility, but it cannot predict future market volatility or direction.

Best Trading Strategies for VIX

Best Trading Strategies for VIX

✅ Automated trading and algorithmic trading

👉 Quantitative volatility trading (QVT) is a popular trading strategy in financial markets today. Computer algorithms and automated software are used to monitor and profit from fluctuations in the volatility of the market.

 

👉 Shorter period trading techniques may be used by traders of all levels of expertise utilizing this method. Trades may be completed significantly more quickly because of the automated nature of the process.

 

👉 To further speed things up, traders don’t have to sit for hours in front of their terminals trying to time the exact moment of their entrance and departure.

 

✅ Volatility Breakout Strategy

👉 In technical analysis, a breakout occurs when a security’s price moves above or below the resistance or support levels on the price chart. Traders will often utilize the Average True Range (ATR) when this occurs as an indicator that a new trend direction has begun.

 

👉 Breakouts on financial instruments may easily be detected with this technical indicator. Investors may use it to track each candlestick’s exact movement inside the chart.

Frequently Asked Questions

 

What is the Volatility Index?

It forms part of the index’s asset class, measuring the performance of stocks in the S&P500.

 

Why should Nigerians trade the Volatility Index?

There are several profitable opportunities, traders can go long or short, use leverage, and several other benefits.

 

How do Nigerians find brokers that offer the VIX?

Nigerians can visit the official website of the broker and view their financial instruments or contract specifications. Alternatively, traders can also contact the broker’s customer support to verify if the broker offers VIX.

 

How much money do I need to trade VIX?

Nigerians can register a CFD trading account with a deposit of 400 Nigerian Naira with some forex brokers.

 

Is VIX 75 CFD trading legal in Nigeria?

Yes, CFD trading is legal in Nigeria.

 

Is CFD Trading Taxable?

Yes, profits made from CFD trading will be taxed as capital gains tax. Nigerian traders must declare their profits and losses for every tax season.

 

How do I decide whether VIX is right for me?

Once Nigerian traders have a fundamental understanding of what VIX is and how to trade it, they can weigh the advantages and disadvantages, providing them with enough information to determine whether VIX fits into their trading portfolio and plan.

9.6/10 - (30 votes)

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