If you live in Nigeria and you actively use social media, odds are on that you have probably heard the term ‘Forex’ being used around a lot, from shady people hitting you up promising that they will give you an 100% returns on your investment if you invest in Forex through them to someone on social media bragging about how they made millions off investing in Forex. Forex is one of those terms that seems to be shrouded in mystery, the average person knows the word Forex but would be hard pressed to come up with a suitable explanation for it or how it works. Overtime an even more pressing question has appeared, Is Forex another word synonymous with scam like MMM? Should I be investing my hard-earned money into Forex? Today, we’d be breaking down for you how exactly Forex works. First things first, what Is Forex? Let’s give you a quick analogy on how Forex works, Say you leave Nigeria and go to Dubai for a vacation, when you get to Dubai, you are obviously not...
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