Browsing: forex in kenya

Forex Market is a global financial market where currencies are traded and exchanged. Retail investors can participate in this market for the purpose of speculation or hedging.

Trading in the forex market is especially popular in Africa, and the market is regulated by CMA in Kenya. Lower barriers to entry for investors, and entry of more regulated players in the industry has led to growth in CFD trading & forex trading in Kenya.

The Covid-19 pandemic has led to a huge surge in the trading volume in Africa. But most retail investors are unaware of the risks associated with CFD & forex trading, and this puts them at risk of losing their capital or even more.

We look at the state of local online forex trading industry since it has been regulated and the risks that online forex trading pose to retail investors.

Growth and Concerns

Kenya based broker comparison …