What is FOREX trading and how does it work? Forex, or foreign currency exchange, is the largest trading market in the world, averaging a turnover of US $5.9 trillion per day. Trade Forex refers to the simultaneous buying and selling of currency pairs, traded against one another. For example, USD/GBP would be a pair consisting … Read more
Forex trading in Kenya using Mpesa is becoming popular by the day. In this article, I am going to review the best Mpesa forex brokers in Kenya. In most cases, you’ll find that these brokers also accept Mpesa in Tanzania and Uganda too. As you will ultimately learn, one of the key determinants on how … Read more
To be successful in forex trading, you must develop and refine disciplined trading strategies. Regardless of the type of trader you are, you will need to sculpt an organized forex trading strategy. A solid trading strategy is what marks the difference between making money and consistently losing money in forex trading. What is Your Forex … Read more
This is a continuation of our free forex trade risks and pitfalls series. You can read the first and second part of this tutorial here and here. If you would like to never miss a tutorial on our forex trading strategies consider joining our mailing list here. Alternatively, click CTRL+D on your keyboard to bookmark … Read more
There are two type of investors in the forex market. Those who learn all there is to learn about the market, and those who approach forex trading as if it was a gamble. They do not take their time to learn. To them, investing in forex is not so much unlike spinning the roulette. They … Read more
Over 90% of the people who start trading online forex in Kenya get their accounts wiped out in less than six months. However, you do not have to become part of this statistics. You can trade forex in Kenya and become as profitable as you wish to be. However, for that to happen, there are … Read more
The best way for beginner forex traders to become acquainted with the forex market is to trade on a demo account. But where do you get a free demo account to practice trading? Don’t sweat the small stuff. Many forex brokers offer a free demo/practice account. To access the demo, you only need to sign … Read more
For every experienced and successful forex trader, there is a plethora of new and/or inexperienced would-be traders out there. We strongly recommend, especially for the novice trader, that you start by using a demo account. Why? Simply because it eases you into the world of real forex trading without financial risk to yourself, because you … Read more
Easy Forex is one of the most recommended forex brokerage firms in Kenya. Opening an account with them is easy, and you can start practicing how to trade forex by opening a demo account. However, after some time, you may feel that the time has come to start trading with real money. Luckily Easy Forex … Read more
Have you ever come across a person who asks this question? Maybe you haven’t because you are also new to online forex trading. You are probably also looking for a person to guide you. But if you were in my position, this type of questions has everything skewed up. I normally do not answer such … Read more
