Five (5) Most Successful Forex Traders in Nigeria (2023)

1. Ejiro Segbuyota (Dchessking)

Dchessking is a well-known figure in the trading industry in Nigeria. He is known for authoring several books about his trading journey and inspiring upcoming traders. He is a highly successful hedge fund manager and a respected personality in the world of finance.

Along with being an active forex trader, Dchessking is the founder of the Zedapex Forex Academy. His journey into the financial world began at a young age. With a natural curiosity for the markets, he pursued knowledge relentlessly and honed his trading skills. As his expertise grew, he caught the attention of investors and found himself managing portfolios running into millions of dollars.

In 2022, Dchessking achieved outstanding results for his investors using a combination of trading strategies, including the Pre-Imbalance strategy outlined in “The Pre-Imbalance Bible.” His exceptional performance earned him the well-deserved reputation of being a “Money Genius.”

2. Benjamin Ilesani Ajimoko

Benjamin Ajimoko is a successful forex trader who attributes his success to his proper attitude and trading psychology. Despite having the opportunity to trade full-time, he chose to become a forex trading instructor and is now a Senior Sales Executive.

Having sales experience undoubtedly helped Benjamin achieve success. He now shares his critical insights with colleagues and teaches novice traders. According to him, the most important aspect of being a good forex trader is to triumph over emotions.

Benjamin’s formula for success includes immersing himself in the vast realm of trading information and developing expertise in forex trading.

3. Damilare Ogundare (Habby Forex)

Habby Forex is a successful forex trader from Nigeria who has amassed a great fortune through his trading activities. Despite starting out as a small-time trader, Habby’s hard work and dedication have helped him build a multimillion-dollar business. His impressive success can be attributed to his in-depth understanding of the Forex market and his consistent focus on achieving positive results.

Habby is known for his conservative approach to trading, which has enabled him to stay profitable even during challenging market conditions. In addition to his trading skills, he has also demonstrated remarkable business acumen. Habby is the co-founder and CEO of Habby Forex Academy, one of Nigeria’s most thriving forex training providers. The academy has successfully trained thousands of Nigerians on how to become knowledgeable and successful traders in the foreign exchange market.

Habby’s story serves as an inspiration to anyone who aspires to make it big in forex trading. He started with just a laptop and a passion for trading, and today he is living the high life with a net worth in the millions.

4. Chinedu Onuoha

Chinedu Onuoha is a renowned trader with exceptional technical analysis skills. His ability to identify key trends and patterns in the market is noteworthy. He prefers to use indicators such as the Moving Average and Bollinger Bands to make informed trades. These indicators help traders identify market trends and make more informed decisions about their trades.

In addition to his technical analysis skills, Chinedu Onuoha also emphasizes the importance of risk management. He advises traders not to over-leverage their accounts and to use stop-loss orders to protect their capital. His disciplined approach has undoubtedly contributed to his success as a trader.

However, Chinedu’s expertise extends beyond his trading strategies. He is a highly sought-after forex coach and the founder of Copyvest Forex Trading Academy, where he helps other Nigerians learn the skills and strategies needed to succeed in the world of forex. As a prop firm trader, he has the experience and expertise needed to thrive in even the most challenging market conditions.

When it comes to choosing a forex broker, Chinedu Onuoha looks for brokers that offer a wide range of trading tools and resources, as well as reliable customer support. He values fast execution times and low spreads, as these factors can significantly impact a trader’s profitability.

As a successful trader in Nigeria, Chinedu Onuoha has built up a significant net worth. Although we don’t have specific information on his net worth, his disciplined approach to trading and focus on long-term success have undoubtedly contributed to his financial success.

In addition to his trading activities, Chinedu Onuoha is a strong advocate for education and often shares his insights and tips with other traders through his social media channels. His motivational words of wisdom will inspire you to reach for the stars in your trading journey.

5. Olufukeji Ejimi Adegbeye 

Ejimi Adegbeye is a successful Nigerian Forex trader with an estimated net worth of $5 million. He began his trading journey at the age of 19 and has since become one of the most prominent traders in Nigeria. In 2012, he was awarded the prestigious African Trader of the Year award, and in 2016 he was recognized as one of Africa’s 50 Most Influential People.

Ejimi attributes his success to his strict discipline and risk management techniques. He has never lost money on a trade and only invests a small percentage of his capital in any given trade. This cautious approach has helped him to withstand the market volatility that has affected other traders over the years.

What sets Ejimi apart from other forex traders in Nigeria is his unique approach to trading. Unlike others who rely on technical indicators or fundamental analysis to make decisions, he uses price action to trade the markets. This makes him a very successful trader, as price action is one of the most reliable indicators of future market direction.