#forex trading 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.”

[forex-brokers-review]

FP Markets Review ☑️ Top Forex Brokers Review (2025)

Welcome to our in-depth FP Markets Review, where we explore everything you need to know about this well-established forex and CFD broker. Whether you're a seasoned trader or just starting your trading journey, this review will provide valuable insights into FP Markets' services, features, and its position in the competitive forex market of 2025. As part of our analysis, we’ll also touch on the broader forex market landscape and how FP Markets compares to its competitors. This review is brought to you by Top Forex Brokers Review, your trusted source for unbiased and detailed broker evaluations.

FP Markets Overview

Company Background

FP Markets, founded in 2005, is an Australian-based broker with a strong reputation for reliability and transparency. Over the years, it has grown into a global brand, offering a wide range of trading instruments and services. Headquartered in Sydney, FP Markets has achieved several milestones, including expanding its regulatory footprint and introducing advanced trading platforms to cater to a diverse clientele.

Regulation and Security

FP Markets is regulated by multiple top-tier authorities, including:

Australian Securities and Investments Commission (ASIC)

Cyprus Securities and Exchange Commission (CySEC)

Capital Markets Authority of Kenya (CMA)

Financial Sector Conduct Authority in South Africa (FSCA).

This robust regulatory framework ensures that FP Markets adheres to strict financial standards, providing a secure trading environment. Additionally, the broker segregates client funds from its operational capital, further enhancing safety and trustworthiness. 

Services and Features

Trading Platforms

FP Markets offers a variety of trading platforms to suit different trading styles and preferences:

MetaTrader 4 (MT4) and MetaTrader 5 (MT5): These industry-standard platforms are known for their advanced charting tools, automated trading capabilities, and user-friendly interfaces. They are available on desktop, web, and mobile devices.

cTrader: This platform is ideal for traders who value the depth of market visibility and advanced order capabilities. It also supports algorithmic trading through cAlgo.

IRESS Platform: Designed for trading equities, indices, and futures CFDs, IRESS offers a high level of customization and transparency in market pricing.

TradingView Integration: FP Markets integrates with TradingView, a popular platform for technical analysis and social networking among traders.

Account Types

FP Markets provides several account types to cater to different trading needs:

Standard Account: Aimed at beginners, this account requires a minimum deposit of AUD 100 and offers spreads starting at 1.0 pips with no commissions.

Raw Account: Designed for experienced traders, it also requires an AUD 100 minimum deposit but offers spreads from 0.0 pips with a commission of $3.50 per lot per trade.

IRESS Accounts: These include Standard, Platinum, and Premier accounts, each with varying minimum deposits and brokerage fees. They are tailored for active traders and offer Direct Market Access (DMA).

Islamic Accounts: Swap-free accounts adhering to Sharia law are available for both MetaTrader and IRESS platforms.

Range of Tradable Instruments

FP Markets boasts an impressive range of over 10,000 tradable instruments, including:

Forex: Over 70 currency pairs, covering both major and exotic pairs.

Shares: Access to more than 13,000 global shares.

Indices, Commodities, and Cryptocurrencies: A wide selection of indices, commodities like gold and oil, and cryptocurrency CFDs 9.

Leverage and Spreads

FP Markets offers competitive leverage options, with forex leverage up to 500:1. The Raw ECN account provides spreads starting from 0.0 pips, making it an attractive choice for cost-conscious traders 

Additional Services

FP Markets goes beyond trading by offering:

Educational Resources: Webinars, trading guides, and video tutorials to help traders improve their skills.

Market Analysis: Daily market updates and insights to keep traders informed.

Customer Support: 24/7 multilingual support via live chat, email, and phone.

User Reviews and Feedback Customer Satisfaction

FP Markets generally receives positive feedback from users, particularly for its:

Competitive Pricing: Low spreads and transparent fee structures are frequently praised.

Platform Variety: The availability of multiple platforms like MetaTrader, cTrader, and IRESS is well-received.

Customer Support: The broker's 24/7 multilingual support is highly rated.

Common Criticisms

Some users have noted areas for improvement, such as:

Limited features in the proprietary mobile app compared to industry leaders.

Higher spreads on the Standard account, which may not be ideal for traders seeking commission-free options.

Forex Market Landscape in 2025

Geopolitical and Economic Factors

The forex market in 2025 is shaped by several key trends:

Geopolitical Tensions: Ongoing conflicts and rising tensions between major powers like the US and China are driving market volatility.

US Political Climate: The return of Donald Trump to the White House is expected to influence the US dollar through policies like tariffs and increased spending.

Central Bank Policies: Interest rate adjustments by central banks like the Federal Reserve and the European Central Bank are pivotal in shaping currency values.

Technological and Regulatory Developments

AI in Forex Trading: The integration of AI tools is democratizing market analysis, enabling traders to make more informed decisions.

Regulatory Changes: Enhanced oversight in forex trading is improving transparency but may increase operational costs.

Implications for FP Markets

FP Markets is well-positioned to thrive in this dynamic landscape by leveraging its advanced trading platforms and robust regulatory compliance. Its focus on emerging markets and technological innovation further strengthens its competitive edge 

Competitive Analysis

Top Competitors

FP Markets faces competition from brokers like IC Markets, Pepperstone, and XM. While these brokers also offer competitive pricing and advanced platforms, FP Markets stands out for its extensive range of tradable instruments and strong regulatory framework 

Strengths and Weaknesses

Strengths: Regulatory compliance, competitive pricing, and platform variety.

Weaknesses: Limited mobile app features and higher spreads on Standard accounts 

Conclusion

FP Markets is a reliable and well-regulated broker that offers a comprehensive range of services and features. Its competitive pricing, extensive platform offerings, and robust regulatory framework make it a strong choice for traders in 2025. While there are areas for improvement, such as mobile app features and Standard account spreads, the overall user feedback is positive. For traders seeking a secure and versatile trading environment, FP Markets is undoubtedly worth considering.

[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!

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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…

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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!

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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,…

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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.

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KCB Bank providing Forex exchange service across the country on low rates to make forex trading easy in Kenya, Customer can exchange easily from any KCB Bank Branch. For more information contact us or visit our site.