Recent figures by broker comparison website Forex Brokers South Africa suggest that Kenya has around 70,000 retail traders who invest in forex market through online brokerages. Kenya’s online forex trading market is expected to grow even more as more brokers enter the market. They have licensed four brokers that can offer Online Forex Trading services in Kenya as a CFD instrument. But despite regulations in place for the protection of investors, the Forex trading poses many risks for the investors. If every investor was able to double their money in Forex then shouldn’t everyone be making money in the forex market?

Source: The Star February 18, 2021 10:41 UTC