The question "how old is Habby Forex" often arises among those following the Nigerian forex trading scene. Habby Forex, whose real name is Damilare Ogundare, is a prominent figure in the retail forex community. This guide explores who Habby Forex is, his age and background, the services he offers, how to evaluate such influencers, and the risks to consider.
Habby Forex is the online alias of Damilare Ogundare, a Nigerian forex trader, entrepreneur, and educator[reference:0][reference:1]. He is the founder and CEO of Habby Forex Trading Academy, an educational platform that offers forex trading courses, mentorship programs, live trading sessions, and signal services[reference:2][reference:3].
Habby Forex has gained significant visibility on social media, particularly in Nigeria and across Africa, where he is known for his trading persona, luxury lifestyle, and educational content[reference:4]. He has been featured in various media outlets and is often discussed in the context of successful young African traders[reference:5]. According to Legit.ng and other Nigerian publications, he is considered among the wealthiest and most skilled forex traders in Nigeria[reference:6].
The most direct answer to the question "how old is Habby Forex" is that he was born on March 18, 2001[reference:7][reference:8][reference:9]. Based on that date, his age can be calculated as follows:
Born in Osun State, Nigeria[reference:12][reference:13], Habby Forex began his trading journey at a young age. He reportedly made his first trade in 2016[reference:14] and achieved his first million Naira at the age of 18[reference:15][reference:16]. He is also a student at the University of Lagos[reference:17][reference:18].
It is worth noting that some sources have associated the name "Habby Forex" with another individual, "Habib Akande," who is described as a UK-based forex educator[reference:19][reference:20]. However, the predominant and most widely documented figure associated with the name "Habby Forex" in the Nigerian context is Damilare Ogundare. This guide primarily addresses Damilare Ogundare, as he is the subject of the most comprehensive biographical coverage.
The Habby Forex Trading Academy is the primary vehicle through which Habby Forex provides education and services[reference:21][reference:22]. The academy offers:
The academy reportedly has over 10,000 students and operates both online and through physical locations in Lagos State, Nigeria[reference:24].
Habby Forex is highly active on social media platforms, particularly Instagram (@habbyforex_academy) and X (formerly Twitter)[reference:25][reference:26]. His content often includes:
He has also been involved in high-profile social media moments, including a livestream with Nigerian music mogul Don Jazzy, where his wallet balance was displayed[reference:30].
For aspiring traders, particularly in Africa, Habby Forex represents a success story of a young individual who achieved financial independence through forex trading. His journey from starting at a young age to building a substantial following and business can serve as motivation for those looking to enter the forex market[reference:31].
Through his academy and social media content, Habby Forex provides educational material that can help beginners understand the basics of forex trading, technical analysis, and market psychology. For those who prefer structured learning, the academy's courses and mentorship programs offer a more formal pathway[reference:32].
Following active traders like Habby Forex can help individuals stay informed about market trends, trading strategies, and potential opportunities. His live trading sessions and signal services are designed to provide actionable insights[reference:33].
One of the most important factors when evaluating any forex educator or influencer is their track record. Ask questions like:
The Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) both caution retail traders to be wary of unsubstantiated performance claims and to verify the credentials of anyone offering trading advice or services.
Check whether the individual or their business is registered with relevant regulatory authorities. In Nigeria, the Securities and Exchange Commission (SEC) regulates capital market activities. In other jurisdictions, bodies like the Financial Conduct Authority (FCA) in the UK or the Commodity Futures Trading Commission (CFTC) in the US oversee forex-related activities. Always verify current rules, fees, spreads, rates, broker availability, and platform terms with the relevant authority or provider.
Look for reviews and feedback from other users. Independent platforms like Forex Peace Army provide user reviews of forex-related services[reference:34]. Be cautious of overwhelmingly positive reviews that may be fabricated, and pay attention to any patterns of complaints.
It is also important to note that Habby Forex has been the subject of investor complaints. One investor publicly alleged that he lost $111,000 entrusted to Habby for trading[reference:35][reference:36]. Habby Forex denied the allegations, stating that his company does not manage funds for clients[reference:37]. Such disputes highlight the importance of due diligence.
Evaluate whether the content provided is genuinely educational or primarily focused on building hype and promoting a lavish lifestyle. A credible educator will prioritize teaching risk management, market analysis, and realistic expectations over flashy displays of wealth.
The table below compares different types of forex educators and influencers to help you decide which approach best suits your learning needs and risk tolerance.
| Type | Primary Focus | Typical Credentials | Regulatory Oversight | Risk Level |
|---|---|---|---|---|
| Individual Influencer (e.g., Habby Forex) |
Personal brand, social media engagement, lifestyle content | Self-reported experience, personal track record | Often minimal or none | High (unverified claims, potential conflicts of interest) |
| Registered Trading Academy | Structured courses, certifications, mentorship | Institutional affiliation, regulatory registration | Varies by jurisdiction | Moderate (more oversight, but still requires due diligence) |
| Regulated Broker Education | Platform-specific education, market analysis | Broker license, regulatory oversight | High (regulated by financial authorities) | Lower (but beware of conflicts of interest) |
| Academic/University Programs | Theoretical and practical finance education | Accredited degree programs | High (accreditation bodies) | Low (educational, not trading advice) |
Note: This table provides a general framework. Individual cases may vary. Always conduct your own research and verification.
ⓘ Takeaway: The Financial Industry Regulatory Authority (FINRA) and CFTC both emphasize that investors should thoroughly research anyone offering financial advice or services and should never invest money they cannot afford to lose.
Many forex influencers, including Habby Forex, share impressive results and lifestyle images. However, these claims are often unverified and may not reflect the actual performance that followers can expect. Always demand verifiable track records and be cautious of selective reporting (showing only winning trades).
Influencers may have financial incentives to promote certain brokers, products, or services. They may receive commissions or affiliate payments, which can create a conflict of interest. Always question whether a recommendation is based on genuine value or financial gain for the influencer.
Unlike regulated brokers or investment advisers, individual influencers and unregistered academies often operate outside regulatory frameworks. This means that if things go wrong, you may have limited or no recourse. The NFA and CFTC provide resources to help investors identify and avoid fraud.
Following an influencer can create emotional attachment and lead to overconfidence or herd behavior. When an influencer makes a trade recommendation, followers may feel pressured to follow without doing their own analysis. This can amplify losses during adverse market movements.
Q: How old is Habby Forex?
Habby Forex, whose real name is Damilare Ogundare, was born on March 18, 2001[reference:38][reference:39][reference:40]. As of 2026, he is 25 years old[reference:41].
Q: What is Habby Forex's real name?
His real name is Damilare Ogundare[reference:42][reference:43]. He is also known by the nicknames Habby Fx and Habby Forex[reference:44].
Q: What does Habby Forex do?
He is a forex trader, entrepreneur, and educator. He is the founder and CEO of Habby Forex Trading Academy, which offers forex trading courses, mentorship, live trading sessions, and signal services[reference:45][reference:46].
Q: Is Habby Forex a regulated financial advisor?
No, Habby Forex is not a regulated financial advisor. He operates as an educator and influencer. His company has stated that it does not manage funds for clients[reference:47]. Always verify the regulatory status of any financial service provider.
Q: Has Habby Forex been involved in any controversies?
Yes. An investor publicly alleged that Habby Forex lost $111,000 of his investment[reference:48][reference:49]. Habby Forex denied the allegation, stating that his company does not manage client funds[reference:50]. Such disputes highlight the importance of due diligence when dealing with any forex-related service.
Q: Can I make money by following Habby Forex's signals?
There is no guarantee of profitability from following any trading signals or advice. Forex trading involves substantial risk, and past performance is not indicative of future results. Always apply your own risk management and verify any strategy before using it with real capital.
Q: Where is Habby Forex from?
He was born in Osun State, Nigeria, and currently resides in Nigeria[reference:51][reference:52].
Q: How can I verify information about Habby Forex?
Cross-check information from multiple sources, including news articles, independent review platforms like Forex Peace Army[reference:53], and official statements. Be cautious of unverified claims and always consult regulatory authorities such as the CFTC, NFA, or FINRA for guidance on avoiding fraud and making informed decisions.