Forex trading in South Africa has grown exponentially, spurred on by greater access to online trading, more investment knowledge amongst retail traders, and a proliferation of both offshore and local ...
Tag: Forex
Should Forex & CFD Affiliates Be Regulated?
The regulation of the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the conv...
Online Retail Forex: Where Does Africa Stand?
Exchange of foreign currencies for international trading is not new to Africa. However, broker-powered online retail forex trading only emerged recently. From Egypt in Northern Africa to South Africa ...
Why Retail Brokers Are Flocking to the UAE?
The United Arab Emirates (UAE) has been opening up to the world of western and global finance over recent years. Although this Middle Eastern country may seem inconspicuous in terms of land area and p...
5 Best Forex Brokers with a Naira Trading Account
1. Overview Nigeria’s official currency is the Nigerian Naira. Not all forex brokers in Nigeria allow Nigerians to open Naira-based trading accounts, which allow for no currency conversion fees ...
5 Best CMA Regulated Forex Brokers in Kenya
Investment in the world’s largest and most decentralized market, foreign exchange, is becoming more popular in Kenya. If you don’t use a regulated broker, the inherent risk of forex tradin...
Forex CT Customers Lost at Least $54 Million, Yet to Be Compensated
The liquidators of the now-collapsed Aussie broker, Forex Capital Trading (Forex CT) released a report last week revealing that they have identified at least 11,174 former customers of the platform. A...
How Leverage Works in the Forex Market
Leverage is the use of borrowed money (called capital) to invest in a currency, stock, or security. The concept of leverage is very common in forex trading. By borrowing money from a broker, investors...
NFP forecast May 2022: Three forex pairs to trade after today data release
As a week of high impact economic news draws to an end, all eyes will be on today’s Non Farm Payroll data. According to analysts, the U.S. economy added 390,000 jobs in April, a drop from the 431,000 ...
Forex Vs. Crypto Trading: Which Should You Choose?
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COVID-19 and Its Impact on the Latin American Retail Forex Landscape
Latin America is a region of interest for many retail forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different ...
The Ins and Outs of Forex Liquidity Aggregation
The second installment in my series of educational materials tackles the subtleties of forex liquidity aggregation. As we continue diving deeper into the business of forex and CFD brokers, we will unc...
CySEC Warns Investors against Four Unregistered Forex Websites
The Cyprus Securities and Exchange Commission (CySEC) has raised an alarm on four websites offering foreign exchange trading services to investors in the country. Take Advantage of the Biggest Financi...
Vector Wealth Enters Administration over Forex Mini-Bonds
The FCA confirmed that Vector Wealth Ltd filed an application to the High Court of Justice to place the place the financial firm into administration. Take Advantage of the Biggest Financial Event in L...
Saudi Central Bank Warns Official Entities on Forex Trading
Saudi official entities have been warned against the use of forex trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value o...
Forex in France. A Big Country, With Small Number of Traders?
France is home to more than 67 million people. In terms of population and its area, it is one of the largest countries in Europe and one of the biggest economies worldwide. However, it appears to be r...
Basics of Forex Trading – Part 1
Forex trading can be an exciting and lucrative activity, but it can also be tough, especially for beginners. New market participants underestimate the importance of financial education, lack risk mana...
Top Forex Broker Brand – ATFX Wins Top 10 Hot Brands 2022 Award
Recently, the authoritative global magazine known as “The CEO Views” announced that ATFX is one of the “Top 10 Hot Brands in 2022”. The award aims to reward companies with an excellent reputation in t...
US Regulators Move against $15.7M Forex Trading Scheme
The Commodity Futures Trading Commission (CFTC) has continued its bust of fraudulent schemes. On Wednesday, the agency filed a civil enforcement action against Kay Yang and her two companies, AK Equit...
Bank Of Ghana Raises Concerns Regarding Transactions In Forex
The Bank of Ghana has notified the folks that it is still prohibited to transact in foreign currency without its authorization. In partnership with National Security and Law Enforcement agencies, BOG...
Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in Forex – Emerging Markets Bitcoin News
The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central bank’s warning comes just over a ...
Economic calendar: 5 forex pairs to trade this week
The forex market is expected to see more actions this week due to central bank activity and important economic data. There are also heightened concerns about the inverting yield curve in the United St...
Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve – Bitcoin News
Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based non-profit announced it will be acquiring $100 million avalanche (AVAX) tokens...
US sanctions threat if China aids Russia stirs fear in Beijing about forex assets
Washington’s financial sanctions on Russia for invading Ukraine have raised concern in China over its large exposure to US government bonds, although experts say there is no real alternative for...
Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’
Bitcoin (BTC) is the collateral asset of choice for the world’s biggest decentralized stablecoin, and one of its top executives says there was no other. Speaking to Bloomberg on April 4, Do Kwon...
3 forex pairs to trade this week: USD/TRY, AUD/USD, USD/INR
The forex market is expected to be a bit muted this week as investors reflect on the US non-farm payrolls (NFP) data and the ongoing crisis in Ukraine. Still, some currency pairs will be in the spotli...
EURUSD, GBPUSD, and USDJPY forex signals ahead of today’s NFP data
In the month since the last jobs report in February, the dollar has weakened slightly despite an attempt higher. Economists were off in their forecasts last time around, as February’s release was muc...
British Court Blocks Forex Rigging Class Action against Major Banks
London’s Competition Appeal Tribunal (CAT) has reportedly blocked a planned forex class action against JPMorgan, Citigroup, Barclays, UBS, and NatWest on Thursday. According to Reuters, the multi-bill...
How Local Payments Boost Forex Appeal
With local payment methods, traders are able to deposit Forex funds in real-time with less risk of false declines. Forex traders are seeking new ways to deposit funds faster and to trade with less fri...
Free Forex Trading Tools and Tips for Forex Traders
The forex market is an extremely complex place, and having the right tools can make trading easier. In addition to the trading platforms themselves, there are some analytical tools available to help y...