and individuals. The Capital Markets Authority (CMA the Kenyas financial watchdog, is going to provide a legal framework for online forex trading. Find background information about the company. Compare the costs charged per transaction and also factor in bank charges for wiring money. But, it is essential to understand at least the basics of the market movements. Our registered address is The Apex, 2 Sheriffs Orchard, Coventry, England, CV1 3PP. Remember the forex market has a lot of ups and down. Analyzing the forex market, before you begin trading, you can examine the market using various techniques. Information published on this website and in our external communications is factual and for information purposes only.
Forex trading platforms in kenya
Trading Platform, regulation License, our Review.9 / :1, copyTrader. With clients becoming more and more discerning, there is need for utilization of unique innovative technology solutions to enable forex dealers differentiate themselves Mutuku said. Disclaimer: m does not accept deposits, advise on investments, deal in investments (as agent or principal) or arrange deals in investments. But, the market reacts quickly to data and shocks. Also, the forex market is liquid (it is easy to convert to cash). Placing an order in the forex market. The advisable margin is investing 2 of your money in a currency pair. Therefore the local finance market cleanup from unscrupulous companies was inevitable. Currency trading is in pairs and takes place 24 hours a day in the forex market. There is currently no regulatory framework prohibiting nor guiding online forex trading in Kenya.
EazzyFX is hosted by Thomson Reuters Electronic Trading, which currently has over 100 banks across 56 countries globally already benefiting from its e-commerce FX trading platform. Is forex trading legal in Kenya. If not, you can place a limit order: tell the broker to buy or sell if and only if the currency hits a certain price. If you see something fishy, do not engage further. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. At the end, select the brokerage firm with a good reputation, customer support, quick response time, transparency, and an easy to use online platform with the best rate among other crucial factors. 7.6 / :1 MetaTrader 4 CySEC FSB South Africa m review. M is owned by Hades Capital Limited, a company registered in England under number 08176698.