Understanding the vast online forex market - News Summed Up

Understanding the vast online forex market


Online forex trading is, a small segment of global currency market that makes up individual investors has been steadily growing over the last 25 years. The sector has been there for many years in Kenya, Kenyans were involved in online forex trading trading through foreign-based brokers before 2017. According to Trade Forex Kenya, since the legalization of online forex trading, Kenya has witnessed a dramatic surge of 80 per cent in forex and CFD trading volume with the addition of over 40,000 new traders to the market. Wasike attributes his life success to the hardwork and persistence he put in online forex trading. Wasike now is one of the individuals sowing good seeds in the murky online forex trading watersDespite the steady growth in the industry there have been a couple of cases of people being scammed of the online forex market.


Source: The Star June 14, 2021 00:56 UTC



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