As with most countries in Africa, forex trading has seen a significant increase in popularity across South Sudan over the past few years. Although forex trading is not illegal in South Sudan, it is considered a grey area and local residents are advised to trade with a broker who is authorized by the Bank of South Sudan – https://www.bankofsouthsudan.org/
If you want to learn more about forex trading and how it works , click here to visit our Beginners Guide to Forex.
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Forex Regulation in South Sudan
The Bank of South Sudan is the regulatory body for all financial services and activities in South Sudan. It was established in 2011 as a brunch of the Central Bank of Sudan. Nevertheless, it is not required to get authorization from the Bank of South Sudan, in order to offer financial services and forex trading to the residents of South Sudan.
Best Forex Brokers In South Sudan
All brokers listed on our website are regulated by at least one financial regulator and have never been reported as a scam. We analyze more than 3000 data points across 8 key focus areas.
Our reviews are a combination of data research and working along side with the brokers. All information povided by the brokers are double checked to guarantee 100% accuracy and that we remain unbiased.