Banking is one of the less visible parts of running a forex brokerage, right up until a bank rejects the application, freezes a payment corridor, or decides it no longer wants the business. For traders, a broker suddenly being subjected to this type of action can have dramatical consequences, and it can take time to […]
Compared to countries such as Nigeria and Kenya, retail forex trading is still more of a small niche activity in Ghana. With that said, it is a pretty fast growing niche, despite not being properly regulated within the country. In recent years, retail forex trading has gained noticeable visibility in Ghana, particularly among young people, […]
Forex based binary options are a simple sounding product with a simple payoff: bet that a currency pair will be above or below a strike at a specified time and either collect a fixed payout or lose your stake. That simplicity is the feature that makes these products easy to market and easy to misunderstand. […]
Best Forex Brokers in Below you find the best Forex brokers regulated by the FCA in the UK. They are ranked according to our rating. FCA regulation The entity responsible for regulating forex brokers in the United Kingdom is the Financial Conduct Authority (FCA), one of the most respected financial regulators in the world. FCA-authorised […]
Best Forex Brokers in South Africa has one of the largest and most active retail forex trading communities on the continent, and it is growing at an impressive pace. Understandably, a lot of brokers are eager to reach both current and potential forex traders in South Africa, and some of them offer solutions that have […]
Best Forex Brokers in Regulation and licensing under Kenyan law Forex trading is legal and regulated in Kenya, and the applicable governmental agency that licenses and oversees forex brokers is the Capital Markets Authority (CMA). This matters because it gives locally licensed brokers a legal framework to operate within, including clear rules around client fund […]
What makes a broker extra beginner-friendly? A forex broker that’s suitable for beginners isn’t just offering access to currency markets, it provides a structure where someone with no forex trading experience can learn more and eventually start trading in an environment that is conductive to gradually growing both skills and account balance over time. Beginner-friendly […]
With a low minimum deposit forex broker, you can open and use a forex account without making a big deposit. There are low minimum deposit forex brokers available that will allow your deposit to be as small as $5 or $10, and if you move up to $50, you will find an even bigger assortment. […]
What are funded forex accounts? The term “funded forex account” can pertain to two very different things. A.) When you have made your first deposit to your forex trading account, it is a funded forex account, and you can start doing real-money forex trades. You have funds in your account; hence it is a funded […]
Why spread matters in forex trading In forex trading, the spread is the difference between the bid and ask price. This cost is baked into every trade, whether it wins or loses. The tighter the spread, the lower your cost to enter and exit a position. Over time, even small differences in spread can have […]