
Best Forex Brokers in Malaysia
Best Forex Brokers in Malaysia [wpdts-year] Forex Trading In Malaysia Forex Brokers in Malaysia, one…
Best Forex Brokers in Kenya Forex Trading In Kenya As with most countries in Africa, forex…
As with most countries in Africa, forex trading has seen a significant increase in popularity across Kenya over the past few years. Although forex trading is not illegal in Kenya, it is considered a grey area, and local residents are advised to trade with a broker who is authorized by the Capital Markets Authority(CMA) in Kenya – https://www.cma.or.ke/
If you want to learn more about Forex trading and how it works, click here to visit our Beginners Guide to Forex.
The Capital Markets Authority(CMA) is the regulatory body for all financial services and activities in Kenya. It was established in 1989 in the city of Accra. Nevertheless, it is not required to get authorization from the Capital Markets Authority of Kenya, in order to offer financial services and forex trading to the residents of Kenya.
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.