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Legal environment tightens for forex trading in Kenya

THE STANDARD By Fredrick Obura | January 15th 2021 at 07:05:00 GMT +0300 The forex market is the largest financial market in the world. In recent years, it has experienced traders emerging from developing countries. The forex market in Africa has surged with more brokers welcoming traders from African countries. However, a lot of forex trading in these African countries has, for many years, gone unregulated and illegitimate brokers, or scam brokers, have taken many chances at ensnaring unsuspecting traders in elaborate scams. Forex trading is legal in Kenya and the country has its own regulatory body, the Capital Markets Authority, which oversees brokers based in, and operating from, Kenya itself.

How Technology Has Changed Trading and Investing in Africa

How Technology Has Changed Trading and Investing in Africa Trading online onstocks, forex and crypto currencies have seen an unprecedentedgrowth thanks to enabling technologies. 7 minutes read Whether it’s a push or pull factor that’s turning you to trading, there are some questions you need to answer. Courtesy Photo | BBVA We have come a long way in history. The technological developments have enabled to do things which were once impossible to think. There is no aspect of life and business that has remained untouched from tech. People can now access the vast information and execute orders while on the go.

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