Youth urged to Embrace Electronic Trading Culture

Weltrade, in collaboration with BeatBEN Capital, has organized its first event to launch the Trade Revolution Ghana Edition in Accra. The initiative aims to promote the use of electronic trading systems, commonly known as online trading platforms, to enhance the trading culture across the continent.

An online trading platform is a software program that allows users to place orders for financial products over a network with a financial intermediary. These platforms enable traders to buy and sell various financial instruments through a communication network, connecting them to other market participants.

Weltrade has been in the market for 18 years, maintaining transparency in handling customer queries and concerns, from deposits to withdrawals. The company provides clients with effective and secure trading solutions, serving over 1,000,000 registered traders and 40,000 partners in more than 40 countries. Its headquarters is located in South Africa.

Jeremiah Okey-Ejieke, Growth Manager for the Africa Region at Weltrade, highlighted the importance of education in trading during an interview with GhanaNewsOnline.

“One of the key things we are currently focusing on is providing education in trading. We understand that knowledge is power, and without it, one cannot trade effectively. Our priority is to equip people with the necessary knowledge and encourage them to embrace the culture of trading,” he said.

“We are bringing education, support, and funding opportunities to new traders. Participants are given a trading account and initial funds to motivate them. This summit aims to empower individuals by providing them with the right trading knowledge and skills while ensuring a fair trading environment. Traders can engage with financial instruments and make informed decisions to generate income,” he explained.

He further noted that the platform also caters to individuals with no prior trading experience. “Those who are new to trading can simply create an account, deposit funds, and follow the strategies of profitable traders. The system ensures transparency, allowing users to monitor and withdraw their funds without third-party interference,” he added.

Mr. Okey-Ejieke described the event as an eye-opener for Ghanaians, stating that it provides a platform through which young people and other interested individuals can venture into trading. “The next step is for participants to build upon what they have learned today and continue working closely with us to achieve success,” he emphasized.

Mr. Lindinkosi Mnyandu, Country Manager for Ghana, also spoke about the broader goal of the trading revolution, which is to foster a strong trading culture in Africa.

“The primary objective is to expand the trading culture on the continent. Employment opportunities in this sector are limited, but trading, despite its risks, offers individuals the chance to make a sustainable living,” he stated.

He stressed that trading requires discipline, dedication, and effective risk management. “Traders need to stay focused, align their goals, and adopt a long-term vision to succeed,” he advised.

Mr. Mnyandu further emphasized that Weltrade is committed to building a strong trading community. “We are creating a network of individuals who share our vision of developing successful traders. This revolution has the potential to transform Africa by reducing unemployment and fostering financial independence through online trading,” he concluded.

By Madjid Diallo || GhanaNewsOnline