5 Solid Reasons Why Cameroonian Youths Are Very Poor

Partial view of Bastos, Yaounde-Cameroon.

A poor person is someone who doesn't or cannot meet his daily needs "Nshing Rooney". No body was born poor but there are certain practices that may help you to remain poor. 

There are a good number of reasons why Cameroonian youths are very poor and may remain poor if they are not ready to change.

Cameroon Government jobs

It has suddenly become very clear in Cameroon that if you are not employed by the government, then you are poor and may not be respected in your neighborhood. Most of these jobs ranges from 150 000 frs to 250 000 frs. 

When a Cameroonian youth grabs this job, they forget that they could expand their spheres of influence. The few who engage on other businesses become more wealthier.

Education System

The education milieu has pushed many student to think that the only means they can get a job is to sit in someone's office rather than creating theirs. 

PhD holders keep running for classroom jobs rather than creating jobs for future students or teach them how to create their own enterprises. Youths have suddenly evaporated their confidence owing to the fact that even Doctors are jobless. When you lose hope, you are bound to remain poor.

Limited digital Education

Rather than taking the digital technology breeze of the modern days into our universities, our schools still use the industrial revolution method of learning which retards our youths from thinking at a fast pace. 

They have decided not to learn and practice digital media businesses which are the highest paid worldwide. 

Corruption

Bribery and corruption is a normal affair in Cameroon. While at school they are figuring out ways to buy a government job after graduation. Buying this position means those who merited that position will embark on small jobs along the streets, wallowing in poverty.

If you have the 5th reason, add it on the comment section.

Latest News in Cameroon | Mini Forex conference in Yaounde

Foreign exchange (forex) conference in Yaounde Cameroon by Cameroon Online School of Forex.

Come and learn how to make money trading the foreign exchange market in Cameroon just with your Android phone or laptop. Many young guys are becoming millionaires thanks to forex trading. Yes you can.

Alert: NATIONAL FOREX CONFERENCE COMING UP IN JUNE 23, 2020 IN YAOUNDE, CAMEROON.

Cameroon Online School of Forex commonly know as CMRFOREX is organizing a mini Forex conference in Yaounde, Cameroon. The aim of the conference is to enlighten Cameroonians on what Foreign exchange is all about.

When Fly4studycm approach the organizer of the conference Rooney Nshing who is the CEO he said " Many Cameroonians contact him daily to know what Forex is all about and how to earn trading currencies, commodities and stocks. So he decided to share the glory through a conference".

Cameroon Online School of Forex is the best Forex trading training school in Cameroon. With forex trading, you will learn how to buy and sell currency pairs with your mobile phone or laptop. They have 300+ traders who have suddenly become millionaires trading online just with their laptops or mobile phones.

During the conference you shall learn about the history of Forex trading, what is actually Forex, how to become a trader, and interested members shall be given the opportunity to learn.

The 7th of March 2020 at 11:00 am is the time and date of the conference. It was also the birthday of the CMRFOREX CEO.

"7TH March should be celebrated as the Forex (foreign exchange) day in Cameroon which is also my birthday. I have dedicated a lot to help many Cameroonians gain the skill and still ready to train more" Rooney Nshing.

We call on partners and sponsors that CMRFOREX is doors open.

We thank you for taking a nice decision by getting set to attend the conference which will help you learn a new money making method. Invite your friends and family to attend our smart conference. Become our family let's share our dream.

Here is the best broker for Cameroonians and the world in general https://fbs.com . 3 to 5 mins withdrawal and deposit, 1:3000 leverage and a bonus $100 to trade. Signup now.

Contact 675421156
Immeuble standard chartered bank opposite hotel de ville, Yaounde-Cameroon.

Symptoms of Corona Virus

Symptoms of Corona virus
*Cough`

*Fever
*Difficulty in breathing

Meanwhile, some persons may not develop these symptoms and infect others.

How you can be infected
*When an infected person coughs or sneezes, they release droplets of saliva or mucus. These droplets can fall on people in the vicinity and can be either directly inhaled or picked up on the hands then transferred when someone touches their face, causing infection.

*Staying close up to six feet to an infected person who sneezes or coughs for 10 minutes or longer.

How we can stay safe
*Wash your hands every time and avoid shaking hands.

*Avoid eating raw animals in affected areas

*Avoid touching the mouth, nose and eyes with unwashed hands after using public transport or toilet

*Carry and use an alcohol-based hand sanitiser at all times

“Use tissues at all times to cover the mouth and nose when coughing or sneezing (then dispose of it)

*Do not eat shared or communal food

*Avoid close contact with people suffering from or showing symptoms of acute respiratory infection

*Stay indoors if you feel unwell having symptoms like cough, fever.

*Use clean clothes and sanitiser to clean each surface in households so germs aren’t transferred from area to area.

In general, washing your hands and avoiding people who are ill is way more important than wearing a mask to cover your mouth.

2020 best forex broker for Nigerians

Partnership agreement day in Barcelona, Spain.

FBS is a hybrid broker that offers its services globally. Fbs is the best forex broker for Nigerians in 2020. Most richest Forex traders in South Africa and Nigeria use fbs. On the 17th January 2020 fbs signed a 4 year partnership with FC BARCELONA. The company was founded in 2009 and since then it has grown in its output and technology. It offers currency pairs, CFDs, stocks, metals and cryptocurrencies. The site is currently available in 18 languages.

Register here https://fbs.com

FBS has over 15 million traders and more than 6 million affiliates in over 190 countries. About 7 000 trades and partners keep flooding their site daily.


FBS uses the hybrid broker model of straight through processing and Electronic communication Network (ECN). The broker asserts that orders are passed directly into the system of the liquidity providers at the actual market prices, so requotes are impossible.

The Ups of FBS;
The access to investor compensation in case of broker fraud.
Broker is regulated by CySEC and the IFSC.
A sound trader education as you sign up.
Low capital requirement for account opening and a good variety of research tools.


Note the careful risk management is a must with FBS due to high leverage offered on a global brand. Their spreads are a bit higher.

FBS is registered in the Marshal Island. The registration number is 74825 under fbs.com and operated by FBS Markets Inc which is a global brokerage arm of the company. FBS Market Inc is registered in Belize with reg. no 119771. It is authorized and regulated by the the International Financial Services Commission (IFSC), Belize with the reg. no IFSC/60/230TS/18.

fbs.eu controls the European arm of the brokerage firm. It is operated by Trade Stone Ltd, a Cypriot investment firm located in Limassol, Cyprus. It is authorized and regulated by the Cyprus Security and Exchange Commission (CySEC) with the reg. no 331/17.

Here Are The Payment Options Of  fbs

Nigerians can use OnlineNaira, visa, Perfect Money, e.t.c to deposit and withdraw.

• Credit/Debit Card: Visa and Master cards are accepted. A deposit commission of 3.6% is charged but FBS reimburses the commission leaving the client to pay 0% charges. The withdrawal commission is $1.
• Nigerians can easily use onlineNaira for deposits and withdrawals.
• Neteller: The minimum deposit amount is $10. A commission of 3.9% is reimbursed by FBS, so clients do not pay deposit fees. For withdrawals, the commission is 2%; minimum of $1 and maximum of $30.
• SticPay: The minimum balance is $3 and the commission is 2.5% + $0.3 for both deposits and withdrawals.
• Skrill: The minimum deposit is $10. The withdrawal commission is 1% + 0.25 EUR.
• Perfect Money: There are no limits on deposits and withdrawals. The withdrawal commission is 0.5%
• Bitwallet: There are no commissions on deposits. The accepted currency is the JPY.

All deposits reflects into the FBS trading account instantly. There are no reported cases of deposits that are lost in transit.

Create an account now with FBS at fbs.com your 2020 most trusted broker. 3 to 5 mins withdrawal since 2009, $100 bonus.

Withdrawal with FBS

How long does it take to process a withdrawal request with FBS? Deposits and withdrawals through electronic payments systems are processed instantly. Perfect Money, OnlineNaira, sticypay e.t.c withdrawals takes 5-10 mins. Deposits via other payment systems are processed with 1-2 hours during FBS Financial department business hours from Monday to Friday 7:00-19:00 GMT +3

Contact CMRFOREX (number at the top of the site) to learn how to trade in the Forex Market. Make money trading with your laptop or your Mobile Phone. We buy and Sell currencies and we make hug.
237675421156

What is Margin and Leverage in Forex trading

Leverage and margin in Forex trading explained by Cameroon Online School of Forex.

Margin and leverage are not intuitively understandable terms for new traders. Let’s figure out what they are - once and for all. 💹💰

•        Leverage

What is it?
Leverage is borrowed funds used for trading. You get it from your broker.

Why do I need it?
Leverage allows you to trade with more money than you actually have on your account. People use it because the sizes of lots on Forex are quite big: the min position size is 0.01 lot, which is 1000 EUR for the EUR/USD pair. Leverage allows you to get in without investing that much.

Leverage size
Different brokers offer different leverage. At FBS, it goes up to 1:3,000. The most common leverage among Forex traders is 1:100.

Example
- You want to trade 1 lot in USD/CAD.
- Instead of investing $100,000 (1 standard lot), you invest only $100 with a 1:1000 leverage. Your broker provides the remaining $99,900 to help you open the trade.

Risks
Note that each pip the price moves against you will bring you a bigger loss the bigger the leverage you are using. Be careful and choose a reasonable leverage size.

•        Margin

What is it?
Margin is an amount of money you need to have on your account to open and maintain a leveraged trade.

Why do I need it?
Brokers need to protect themselves if they allow traders to borrow so much money from them. This is why they require traders to fund their accounts with a certain amount.

Margin size
Margin size depends on how many lots you want to trade and on the leverage you chose. The bigger the leverage, the smaller the margin.

Example
When we explained leverage, we showed you the situation where to control $100,000 with $100 you need 1:1000 leverage. In this example, $100 is what is called “margin”.

Save this post and never get confused . Signup or create a real account now with 2020 best forex broker https://fbs.com. FBS JUST SIGN A 4 YEAR CONTRACT WITH FC BARCELONA. FBS offers a Leverage of 1:3000, low spread and a minimum deposit of $1.