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Best Forex Brokers in Ghana Forex Trading In Ghana As with most countries in Africa, forex…
As with most countries in Africa, forex trading has seen a significant increase in popularity across Ghana over the past few years. Although forex trading is not illegal in Ghana, it is considered a grey area, and local residents are advised to trade with a broker who is authorized by the Central Bank of Ghana – https://www.bog.gov.gh/
If you want to learn more about Forex trading and how it works, click here to visit our Beginners Guide to Forex.
The Central Bank of Ghana is the regulatory body for all financial services and activities in Ghana. It was established in 1957 in the city of Accra. Nevertheless, it is not required to get authorization from the Bank of Ghana, in order to offer financial services and forex trading to the residents of Ghana.
However, it is advised to choose a regulated broker with a Tier 1 license like Cysec, FCA, FSCA, or ASIC to make sure your funds are protected.