Forex trading is one of the most lucrative business ideas in kenya yet there is very little information available about forex trading for beginners in kenya. Forex trading is the act of buying or selling currencies. banks, central banks, corporations, institutional investors and individual traders exchange foreign currency for a variety of reasons, including balancing the markets, facilitating international trade and tourism, or making a profit.. Easymarkets is a traditional forex cfd broker, but they also have an options trading platform as well. easymarkets is located in cyprus and was founded in 2003..
Trading forex involves making a profit from the fluctuations in the values of currencies from two countries. for a simplified illustration of how this works, let’s say that one british pound equals 50 kenyan sterling (kes).. Lack of knowledge in trading in securities and forex market has over the years locked out many kenya’s from engaging in this two lucrative markets.. As exciting as trading can be, it is still a stressful work. there will be a lot of setbacks on your way to the top. emotions can force your hand to open a trade too early and/or close it too late. the main cause of stress for beginners in trading is the fact that some forex trades will end in loss no matter what, it’s just the way the market is..
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