#FOREX TRADING IN KENYA

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Why Kenyans Can Earn Daily from Forex Instead of Seeking Jobs Overseas

Why search for overseas labor jobs when you can earn between KSh 1,000 to 5,000 daily trading Forex from your phone? Discover how Forex trading offers financial independence without leaving Kenya. Learn the steps to get started today.

Today, seeing thousands of Kenyans lined up at the Kenyatta International Convention Centre (KICC) for job interviews to work as laborers in Qatar was truly heartbreaking. The competition for these opportunities underscores a harsh reality: many Kenyans feel they must leave the country for stable income. However, this struggle for overseas jobs is unnecessary when there’s a reliable way to earn…

[pipinfuse]

Unlocking the Potential of Forex Trading in Africa: Regulatory Landscape and Opportunities

[newsbites]

News from Namibia and South Africa, 19 May

Commenting on US-South African relations in New York, SA Deputy Minister of Finance, David Masondo, has denied that South Africa favours Russia.

2. In remarks at the opening session of the Pan-African Parliament in Midrand, South Africa, this week, the African Union Chair, Azali Assoumani, urged representatives to work towards a more united Africa.

The Second Ordinary Session of the Sixth Pan-African Parliament got underway this week in Midrand, South Africa, under the theme, “Accelerating the implementation of African Continental Free Trade Area (AfCFTA) to galvanize stakeholders capable of promoting and broadening support for pro-poor implementation and overall climate action.

3. And, speaking at the Pan-African Parliament's Summit on Climate Policy and Equity, Kenyan President, William Ruto, said that African leaders are sometimes forced to attend international meetings in foreign powerful countries because of blackmail.

4. Accommodation for Chinese nationals is superior to the accommodation provided for Namibian nationals at a lithium mine near Uis, a Committee of the Namibian Parliament has found.

5. The Development Bank of Namibia (DBN) is in the process of developing and establishing a venture capital fund as part of the national SME Financing Strategy.

6. Oshakati town council in Namibia has tabled a provisional budget which will see tariff increases for some services as it seeks to balance the budget.

To ensure the full realization of the 2023/24 budget, [Mayor, Leonard Hango,] called on all town residents to pay and honour their municipal bills. He mentioned that revenue collection methods will be regularly modified and intensified to minimize and control bad debt defaults, as has been done since 2022.

[infotradebitcoinis1]

[maxwellochieng]

Title: "Gen Z Hustle: How Side Gigs and Digital Innovation are Shaping Kenya's Youth Culture"

Introduction In the bustling streets of Nairobi, young Kenyans are busy making their mark in innovative ways that go beyond traditional careers. The rise of digital technology and Kenya’s rapidly evolving economic landscape have cultivated a unique “side-hustle culture” among Generation Z, who are actively reshaping work, community, and creativity. From influencing on social media to e-commerce and even venturing into cryptocurrency, these young hustlers are defining a new Kenyan dream that is all about resilience, creativity, and financial independence.

Side-Hustles in the Age of Social Media One of the most prominent changes in Kenya’s youth culture is the significant shift from relying solely on formal employment to embracing digital side hustles. On Instagram, Twitter, and TikTok, young Kenyans are building personal brands as influencers, marketers, and content creators. This trend is largely driven by the power of social media platforms, where personalities like Azziad Nasenya and Flaqo have transformed social media virality into flourishing careers.

Platforms like TikTok and Instagram allow young Kenyans to reach broad audiences with content that resonates—comedy skits, motivational videos, makeup tutorials, and dance challenges. With brands now recognizing the influence of digital personalities, many Kenyan influencers are finding opportunities to collaborate with companies for product endorsements and advertisements. These partnerships bring a sense of visibility and empowerment that has been less accessible in traditional industries.

For 24-year-old David Mwangi, a content creator and social media strategist, the allure of influencing lies in its accessibility and potential for growth. “You don’t need a big budget to get started; you just need creativity,” he explains. David’s experience reflects the sentiment of many Gen Z Kenyans who see social media not just as a pastime but as a pathway to sustainable income.

The E-commerce Boom and the Rise of Small Online Shops In addition to influencing, e-commerce has become a major outlet for Kenyan youth looking to earn extra income. Platforms like Jumia, Kilimall, and Facebook Marketplace provide easy avenues for young entrepreneurs to start online businesses, selling anything from thrifted clothes and beauty products to locally made crafts and accessories. Kenya’s mobile payment system, M-Pesa, has also simplified transactions, allowing e-commerce to thrive even without widespread use of credit cards.

With rising unemployment rates and limited job opportunities, many young Kenyans are using digital tools to build businesses from scratch. Some youth groups have formed collectives to sell items in bulk, often buying directly from manufacturers or importing from abroad to resell at a profit. This trend, known locally as biashara za mtaa (local businesses), has created a bustling informal economy that operates largely online.

For 23-year-old Aisha Ahmed, the journey started with a Ksh 5,000 loan from her older brother. Now, she runs an online shop that specializes in selling affordable, stylish handbags through Instagram. “People think starting a business requires a lot of capital, but what really matters is finding something people need and building a brand around it,” she says.

Crypto, Forex, and the Financial Revolution Another intriguing aspect of Kenya’s Gen Z hustle culture is the growing interest in cryptocurrency and Forex trading. Although controversial, the allure of quick profits and financial independence has drawn many young people into these new financial frontiers. Kenya’s tech-savvy youth have quickly adapted to apps like Binance and Paxful, learning the intricacies of cryptocurrency trading and often mentoring each other online.

Crypto’s appeal among Gen Zers lies in its promise of empowerment and financial freedom—an opportunity to circumvent traditional banking systems. However, the lack of regulation and high risks involved have left many young Kenyans facing steep learning curves and financial losses. Despite the volatility, online communities and forums dedicated to Forex and crypto trading continue to grow, attracting young people with a “high risk, high reward” mentality.

Karanja, a 22-year-old business student, views crypto as a game-changer: “It’s the future of money,” he asserts. He has spent months learning about blockchain technology and considers it a long-term investment. Karanja’s experience highlights the optimism surrounding digital currency in Kenya, despite the risks and controversies.

Challenges Facing the Digital Hustlers While side-hustle culture has opened new opportunities, it comes with significant challenges. The competitive nature of digital influencing and e-commerce can be cutthroat, with many young people finding it hard to stand out. Mental health issues, such as stress and burnout, are becoming common among young hustlers as they juggle multiple gigs alongside their education or formal jobs.

For those in crypto and Forex, the risks are even higher. Cases of scams and Ponzi schemes have left many young investors in debt, leading some to lose faith in the industry altogether. The lack of regulation around cryptocurrency also means that youth are vulnerable to fraudsters, who often take advantage of their desire for quick financial gains.

The New Face of the Kenyan Dream Despite the challenges, side-hustle culture has become a defining feature of Gen Z in Kenya. This trend signifies a shift in how young Kenyans view success, replacing the traditional path of formal employment with a vision that values independence, innovation, and adaptability. It’s a cultural revolution rooted in digital innovation, resilience, and the determination to succeed on their own terms.

For Kenyan youth, the hustle is more than just a means to an end—it’s a way to redefine their place in society. As Aisha puts it, “It’s not just about making money; it’s about taking control of your future.”

[streamqashagencies]

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[coinworldstoryweb]

20 Best Forex Brokers In Kenya With Mpesa

In this article, I will discuss the best Forex brokers in Kenya with MPesa. As MPesa is widely used in Kenya, it has become a preferred payment method for Forex traders. I will highlight brokers that offer seamless MPesa integration, ensuring fast deposits, withdrawals, and a secure trading experience tailored to Kenyan traders’ needs and preferences. Key Points & Best forex Brokers In Kenya…

[forexsignals32]

Top 7 Best Forex Signals for Kenya in 2024: Maximize Your Trading Success

Top 7 Best Forex Signals for Kenya in 2024

Forex trading in Kenya has grown exponentially over the years, thanks to better internet connectivity, mobile money integration, and increased awareness of the financial markets. However, while opportunities abound, forex trading is complex and risky. For traders, especially beginners, relying on forex signals can be the key to making informed and profitable decisions.

Forex signals are recommendations that guide traders on when to buy or sell a currency pair, based on technical analysis or market trends. These signals help both novice and experienced traders by eliminating the need to constantly analyze the markets. In this article, we explore the best forex signal providers for Kenya and how they can help you become a more successful trader.

1. ForexBankSignal.pro – The Ultimate Forex Signal Provider for Kenya

If you’re looking for the most reliable forex signal service, ForexBankSignal.pro is your top choice. They have established themselves as a trusted and high-quality signal provider, offering traders in Kenya actionable insights into market movements.

Why ForexBankSignal.pro is #1:

High Accuracy: ForexBankSignal.pro consistently delivers signals with an accuracy rate of over 85%, making it one of the most reliable services available.

Real-time Notifications: Traders receive buy/sell signals in real-time via Telegram, SMS, or email, ensuring that they don’t miss critical market movements.

Risk Management: Every signal comes with detailed stop-loss and take-profit levels, ensuring that traders manage their risk effectively.

Educational Resources: ForexBankSignal.pro offers educational content that helps traders understand the rationale behind each signal, improving their own trading skills over time.

Customer Support: Available 24/7 to assist Kenyan traders with any questions or challenges they may encounter.

With its exceptional accuracy and user-friendly features, ForexBankSignal.pro is a clear choice for traders in Kenya who want to enhance their profitability while minimizing risk.

2. FXPremiere.com – A Global Leader with a Kenyan Presence

FXPremiere.com is another popular forex signal provider that delivers high-quality trading signals to over 1.5 million traders worldwide. Kenyan traders benefit from their timely and accurate alerts, delivered through SMS, WhatsApp, or Telegram.

Key Features:

Global Reach: With subscribers from all over the world, FXPremiere.com caters to a diverse audience, including Kenyan traders.

Multi-Asset Signals: The service provides signals not only for forex but also for commodities, cryptocurrencies, and indices, allowing traders to diversify.

Daily Signals: Subscribers receive up to 10 signals daily, helping them stay on top of market trends.

Simplicity: FXPremiere.com offers easy-to-follow signals that are ideal for beginner traders.

FXPremiere.com is a great option for traders in Kenya who are looking for frequent and accurate forex signals across multiple markets.

3. Learn2Trade – Best for Beginner Traders in Kenya

Learn2Trade provides both free and premium forex signals, making it an excellent choice for traders in Kenya who want to start small before committing to a paid service. Their signals are delivered via Telegram, where they also share valuable market insights and trading strategies.

Why Learn2Trade Stands Out:

Free and Premium Options: Beginners can start with their free signals to test the service, while more experienced traders can upgrade to the premium plan for up to five signals per day.

Educational Focus: Learn2Trade offers educational content along with their signals, making it easier for beginners to understand how and why specific trades are recommended.

24/7 Market Monitoring: Their expert team analyzes markets around the clock, ensuring that you get signals based on the latest market trends.

Learn2Trade’s combination of education and reliable forex signals makes it a top choice for traders in Kenya who want to sharpen their skills while receiving actionable trade recommendations.

4. ForexSignals.com – The Best Forex Signals for Experienced Traders

ForexSignals.com is known for its combination of professional mentorship and high-quality trading signals. This platform is not just about receiving signals but also about learning from experienced traders and improving your overall trading strategy.

Features that Make ForexSignals.com a Great Choice:

Expert Mentorship: Traders get access to live trading rooms, where they can learn from professional traders and mentors.

Real-time Trade Alerts: Signals are delivered in real-time via the app or Telegram, ensuring you never miss a trade.

Vibrant Trading Community: You can join their community of traders to share ideas, strategies, and experiences.

In-depth Education: Their extensive library of educational materials is perfect for traders who want to grow their knowledge of the forex market.

For more advanced traders in Kenya who want both forex signals and mentorship, ForexSignals.com is an excellent option.

5. 1000pip Builder – Consistent and Reliable Forex Signals

For Kenyan traders looking for a consistent and straightforward forex signal provider, 1000pip Builder is a top contender. Their signals are generated by experienced traders and delivered directly to your phone or email.

What You Get with 1000pip Builder:

Proven Track Record: 1000pip Builder has been providing profitable signals for years, with a focus on consistency and accuracy.

Simple to Use: The service is designed to be simple and easy to follow, with clear entry, exit, and stop-loss points provided for each signal.

Performance Monitoring: You can track their past performance to ensure that they are delivering results as promised.

1000pip Builder is perfect for traders in Kenya who want a no-nonsense forex signal provider with a strong reputation for accuracy.

6. Signal Start – Fully Automated Forex Signals

If you prefer a hands-off approach to trading, Signal Start is a great option. This platform offers an automated forex signal service that allows you to copy trades from top signal providers directly into your trading account.

Why Signal Start is Popular:

Automated Trading: Once subscribed to a signal provider, trades are automatically copied into your account, freeing you from manual trading.

Wide Range of Signal Providers: Signal Start gives you access to a vast selection of signal providers, allowing you to pick the one that suits your trading style.

Transparent Performance: You can review the performance of each signal provider before subscribing, ensuring you choose a reliable trader.

For Kenyan traders who want a completely automated trading experience, Signal Start offers a hassle-free way to benefit from forex signals without constant monitoring.

7. Pips Alert – The Best Forex Signals for Risk Management

Pips Alert is a forex signal provider that emphasizes quality over quantity. They offer daily forex signals, but instead of flooding you with multiple signals, they focus on high-probability trades with detailed risk management strategies.

Key Benefits of Pips Alert:

Risk-focused Signals: Every signal includes a stop-loss and take-profit level, helping traders manage their risk effectively.

Quality Over Quantity: They prioritize providing fewer but more reliable signals, ensuring traders can focus on high-probability setups.

Multiple Plans: Pips Alert offers a variety of subscription plans to suit different budgets and trading styles.

Pips Alert is perfect for traders in Kenya who are looking for a forex signal provider that places a strong emphasis on risk management.

How to Choose the Best Forex Signal Provider for Kenya

Selecting the best forex signal provider is essential for success in the forex market. Here’s what you should consider when making your decision:

Reputation: Always choose a signal provider with a proven track record and positive reviews from other traders.

Accuracy: Look for providers that consistently deliver high-accuracy signals, such as ForexBankSignal.pro, with its 85%+ accuracy rate.

Ease of Use: If you're a beginner, go for a service that provides simple, easy-to-follow signals.

Risk Management: Ensure the signal provider includes stop-loss and take-profit levels with each signal to help manage your risk.

Support and Resources: A good signal provider should offer excellent customer support and educational resources to help you improve as a trader.

Conclusion

Forex signals are a game-changer for traders in Kenya who want to improve their trading performance without spending hours analyzing the markets. By relying on expert insights, you can make more informed trading decisions and maximize your profitability.

For Kenyan traders, ForexBankSignal.pro is the top choice, thanks to its high accuracy, real-time notifications, and risk management features. However, other providers like FXPremiere.com, Learn2Trade, and ForexSignals.com also offer excellent services that cater to different trading needs and experience levels.

Before subscribing to any forex signal provider, make sure to research their track record, understand the services they offer, and choose one that fits your trading style and goals.

for more information;

[ejesgistnews]

Dollar to Naira Exchange Rate Today Friday, October 4, 2024 - Black Market and CBN USD to NGN Exchange Rate can be accessed here on Ejes Gist News. What is 1 US Dollar to Naira Today Black Market & CBN?  As Many Nigerians continues to navigate economic challenges, the dollar-to-naira exchange rate remains a focal point for those engaged in foreign trade, investments, and travel. The black market, also known as the parallel market or Aboki FX, often reflects rates different from the official Central Bank of Nigeria (CBN) rates. Today, the exchange rates offer insight into the fluctuating value of the naira. Current Exchange 1 US Dollar to Naira Today. Dollar to Naira Black Market Exchange Rate (Parallel Market): Buying Rate: ₦1,695 Selling Rate: ₦1,705 1 US dollar to naira today CBN Official Rates: Buying Rate: ₦1,685 Selling Rate: ₦1,686 Pounds and Euro to Naira Exchange Rates Pounds to Naira (CBN Rates): Buying Rate: ₦2,180 Selling Rate: ₦2,185 Euro to Naira (Black Market Rates): Buying Rate: ₦1,850 Selling Rate: ₦1,856 1 US dollar to naira today for Online Exchange Platforms: Geegpay and Grey Geegpay Rates: EUR (€): Buying at ₦1,798.03, Selling at ₦1,800.55 GBP (£): Buying at ₦2,120, Selling at ₦2,127 USD ($): Buying at ₦1,675, Selling at ₦1,680 For Grey, the USD to NGN Exchange Rates are: EUR (€): Buying at ₦1,845.03, Selling at ₦1,850 GBP (£): Buying at ₦2,102, Selling at ₦2,205 USD ($): Buying at ₦1,670, Selling at ₦1,675 Understanding Dollar to Naira Black Market Exchange Rate. What is the Black Market? The black market is an unofficial exchange channel where currencies are traded without government regulation. Due to high demand and limited supply, this market often offers more competitive rates. Why Do People Use the Black MarketUSD to NGN Exchange Rate? Favorable Rates: Higher than official rates. Accessibility: Easier to obtain foreign currency without stringent regulatory requirements. Latest Forex news highlights in Nigeria for today, October 4, 2024: Here are some of the latest Forex news highlights in Nigeria for today, October 4, 2024: CBN introduces electronic matching system for FX transactions, to begin by December: The Central Bank of Nigeria (CBN) has announced the introduction of an electronic matching system for foreign exchange (FX) transactions. The system is expected to be operational by December 2024 and will be used to match buyers and sellers of FX, thereby improving transparency and efficiency in the market. Nigeria's crude oil production declines by 40,000 bpd as OPEC's output drops in September – Report: Nigeria's crude oil production has declined by 40,000 barrels per day (bpd) in September, according to a report by Reuters. This follows a drop in OPEC's overall output in the same month. The decline in Nigeria's production is attributed to a number of factors, including technical issues and theft. Italy targets windfall taxes amid budget deficit concerns, echoing Nigeria's recent bank levy: The Italian government has announced plans to introduce windfall taxes on banks and energy companies in order to raise revenue and reduce its budget deficit. This move echoes Nigeria's recent decision to impose a levy on banks in order to fund the country's development. Former Flutterwave employee in Kenya loses $900,000 appeal against fintech firm: A former employee of Flutterwave, a Nigerian fintech company, has lost an appeal against the firm in Kenya over a $900,000 claim. The employee had alleged that Flutterwave had failed to pay him bonuses and commissions. AfDB targets 120 million tonnes of food production by 2025: The African Development Bank (AfDB) has set a target of increasing food production in Africa to 120 million tonnes by 2025. The bank is investing $1 billion in agricultural projects in order to achieve this goal. Naira edges up against the Dollar, closes at N1,659.26 in I&E window: The Nigerian naira has appreciated slightly against the US dollar, closing at N1,659.

26 in the Investors and Exporters (I&E) window on October 4, 2024. This is the highest level the naira has reached in several months. All-Share Index drops by 1.19% despite gains in Seplat and other top advancers: The Nigerian Stock Exchange (NSE) All-Share Index declined by 1.19% on October 4, 2024, despite gains in some of the top advancers, such as Seplat Petroleum Development Company and Guaranty Trust Bank. New withholding tax regime to take effect from January 1st, 2025- FIRS: The Federal Inland Revenue Service (FIRS) has announced that a new withholding tax regime will take effect from January 1st, 2025. The new regime will increase the withholding tax rate for some types of income. Total Crypto market cap drops by 6% as liquidations hit $550 million: The total market capitalization of cryptocurrencies declined by 6% on October 4, 2024, as liquidations hit $550 million. Bitcoin, the largest cryptocurrency by market capitalization, fell by 4%. Phishing attacks and private key leaks resulted to $753 million crypto theft in Q3 -Report: A report by Chainalysis has revealed that phishing attacks and private key leaks were responsible for $753 million in cryptocurrency theft in the third quarter of 2024. NDDC Youth Internship Scheme Portal Link: Step-by-Step Guide to Apply & Secure Your Spot Davido Called Out For Smoking Next To His Wife, Chioma WhatsApp Threatens to Exit Nigeria Over FCCPC Demands, $270 Million Fine Thanks for using our platform to know the value of the 1 US Dollar to Naira Today for CBN and the black market USD to NGN Exchange Rate.

[cwgmarket]

best online forex trading platform Malaysia

CWG Market is the best online forex trading platform in Malaysia. We provide top-notch forex trading services in Malaysia, Australia, Indonesia, Thailand, Korea, Japan, Kenya, Japan, South Africa, India, VN and more. Contact us!

[kennomollo]

Exness Review 2023: Is Exness Working in Kenya?

Exness is one of the most popular and trusted forex brokers in the world, with over 15 years of experience and millions of clients spread across the world. But is Exness working in Kenya? And if so, what are the benefits and drawbacks of trading with Exness in Kenya? In this Exness review, we will answer these questions and more, based on our own research and feedback from Kenyan traders. What is…

[thepricetrader]

Forex Trading in Kenya

Forex trading has gained significant traction worldwide as a lucrative investment opportunity, and Kenya is no exception. With its accessibility and potential for profit, Forex trading in Kenya has attracted the attention of both seasoned investors and newcomers. In this comprehensive guide, we will delve into the world of Forex trading in Kenya, exploring its growth, regulations, opportunities,…

[pipinfuse]

Unlocking Forex Trading Opportunities for African Investors

Africa’s growing interest in global financial markets has positioned Forex trading as a promising avenue for wealth creation. With increasing internet penetration, mobile accessibility, and economic shifts, African investors have unparalleled opportunities to trade currencies. However, success in this highly competitive market demands strategic planning, professional guidance, and knowledge of offshore brokers. This guide explores essential strategies, the benefits of asset management, and tips for selecting reliable brokers tailored for African traders.

1. Why Forex Trading Appeals to African Investors The Forex market’s accessibility and profit potential attract traders across Africa. Key reasons include:

Low Entry Barriers: Many brokers offer accounts with minimal initial deposits, allowing entry for individuals with varying budgets.

High Liquidity: Forex trading provides ample market liquidity, ensuring traders can enter and exit positions easily.

24/5 Market Availability: Investors can trade at any time, accommodating different time zones and schedules.

Local Growth Drivers

Mobile Trading Platforms: High mobile adoption in countries like Nigeria, South Africa, and Kenya makes Forex trading more accessible.

Regulatory Advancements: Improved regulation across regions fosters safer trading environments.

2. Leveraging Forex Trading and Investment Management Consultancies A Forex trading and investment management consultancy offers invaluable expertise, especially for African investors navigating international markets. Here’s how:

Tailored Trading Strategies: Professional consultancies analyse global markets and develop strategies customised to your financial goals.

Comprehensive Market Analysis: Gain insights into technical and fundamental market drivers.

Risk Mitigation Plans: Structured frameworks help balance risks and returns, reducing exposure to volatile market conditions.

Portfolio Diversification: Asset management services enhance portfolio performance by allocating funds across multiple currency pairs and other instruments.

3. The Importance of Asset Management Effective asset management is crucial for long-term success. It encompasses:

Risk Management: Using stop-loss orders, position sizing, and diversification to protect capital.

Analysis-Driven Decisions: Applying both technical and macroeconomic analysis to stay ahead of market trends.

Setting Realistic Goals: Balancing ambition with achievable profit targets and maintaining a disciplined trading approach.

Partnering with a Forex trading and investment management consultancy streamlines these processes by integrating market expertise with personalised strategies.

4. Choosing Offshore Forex Brokers for African Traders While some African countries have local Forex brokers, many traders turn to offshore options for better trading conditions. Offshore brokers often provide:

Higher Leverage: Allowing greater market exposure with a smaller investment.

More Trading Instruments: Access to diverse markets, including cryptocurrencies and commodities.

Advanced Trading Platforms: State-of-the-art tools for analysis and automated trading.

What to Look for in Offshore Brokers

Regulation: Reputable offshore brokers are licensed by bodies like the Financial Conduct Authority (FCA) or Australian Securities and Investments Commission (ASIC).

Security of Funds: Look for brokers with segregated accounts to protect your deposits.

Transparent Policies: Ensure clear information on spreads, commissions, and withdrawal processes.

Support for African Traders: Brokers offering customer service and payment options tailored to Africa, such as mobile money or local bank transfers.

5. Actionable Tips for African Forex Traders

Start with Education: Leverage free resources, webinars, and training programmes available online.

Practice on a Demo Account: Understand market movements without risking real money.

Develop a Trading Plan: Set clear rules for entry, exit, and risk tolerance.

Stay Disciplined: Avoid emotional trading and stick to your strategy.

Monitor Regulatory Changes: Keep track of local and international regulatory developments.

6. The Future of Forex Trading in Africa The Forex market in Africa is evolving rapidly, driven by technological innovation and increased financial literacy. Mobile apps, artificial intelligence, and algorithmic trading systems are reshaping how African traders participate in global markets. By working with experienced consultancies like PipInfuse, traders can stay ahead of these trends and maximise their potential.

Forex trading offers vast potential for African investors willing to learn, strategise, and invest wisely. Success comes from leveraging professional support, embracing asset management, and choosing reliable brokers. With continuous education, discipline, and innovation, African traders can unlock financial growth and prosperity in the global Forex market.

Ready to take your trading to the next level? At PipInfuse, we empower you with expert strategies, market insights, and educational resources to make informed decisions. Join our community and unlock your potential in Forex trading. Start your journey today with PipInfuse!

[reyx-baron]

Abstract：Admirals Group SA, an Estonian forex and CFD broker, expands into Nigeria, offering diverse trading opportunities and financial education. The company aims to enhance financial accessibility, literacy, and support for Nigerian traders, following recent expansions in Kenya and South Africa.

[qocsuing]

FXTM Review: 5 facts to consider (February 2023)

Following its exponential growth on the European market and beyond, it would not be an exaggeration to say that FXTM quickly became one of the best known and most trusted brands in the forex industry.To get more news about fxtm review, you can visit wikifx.com official website.

Using innovative technologies and products, FXTM gained recognition on highly competitive financial markets and has been continuously acknowledged by multiple awarding bodies.

FXTM operates under the umbrella of Exinity Group, which also represents Alpari International. In different regions around the world FXTM is represented by its subsidiaries:

ForexTime Ltd, based in Cyprus and regulated both by the Cyprus Securities and Exchange Commission (CySEC) with CIF license number 185/12, and the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614; Exinity UK Limited, based in London and authorized and regulated by the Financial Conduct Authority (FCA) in the UK with license number 777911; Exinity Limited, registered in the Republic of Mauritius and regulated by the Financial Services Commission (FSC) of the Republic of Mauritius with an Investment Dealer License with license number C113012295; Exinity Capital East Africa Ltd, registered in Nairobi, Republic of Kenya and regulated by the Capital Markets Authority (CMA) of the Republic of Kenya as a Non- Dealing Online Foreign Exchange Broker with license number 135. Under the guidelines of the European Securities and Markets Authority (ESMA) all brokers operating in the European Union should be licensed by at least one official national regulatory institution as for example the Cyprus Securities and Exchange Commission (CySEC) – as a matter of fact one of the most popular regulatory destinations in the forex industry. On our next screenshot you may take a look at the FXTM’s CySEC license. The EU market is considered one of the most strictly regulated ones, when it comes to forex and CFD trading. Apart from being required to hold all clients’ money is segregated, protected from creditors, trust accounts, all EU brokers are also required to provide traders with a negative balance protection, meaning that no one can lose more money than what he or she has initially deposited.

On top of that all EU brokers should be holding at all times no less than 730 000 EUR, designated as a minimum operational capital, with which to cover all outstanding payments towards traders.

And we should not forget the special client compensations schemes, where all EU brokers are also obliged to participate, and which basically insure your trading account up to a certain amount – in the case of CySEC up to 20 000 EUR – payable in the unlikely event your broker files for bankruptcy.

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Forex Trading Kenya http://dlvr.it/RdskN2