Forex guide

Forex Brokers that accept mobile money in Ghana

If you are based in Ghana and you want to trade forex, there is a high chance that you are looking for an FX broker that accepts mobile money for deposits and withdrawals. According to research made by African Payment solutions, nearly 1/2 of all population of Ghana has access to mobile money. The most popular telecom provider in Ghana is MTN Mobile Money followed by Airtel Money. Mobile money is particularly popular in Ghana because of its convenience, it is basically accepted everywhere, even at your local grocery store. Because everyone accepts it, forex traders are also often looking for FX brokers who accept it for funding t...
Read more >>
04 September, 2020

3 Things You Need To Know About Market Volatility

Forex market volatility isn’t just a simple chaotic change for Forex traders. As market participants try making sense of the price action, trends and patterns actually emerge from those seemingly meaningless swings in value.What’s market volatility?  It’s a measure of the degree that changes in a currency pair, currency, or Forex market’s value as a whole occur. Simply saying, volatility is referenced when sharp changes in the value of a currency are observed as compared to many of the market’s other currencies.It’s important to note that social, economic, and political events and occurrences affect currencies. They cause prices ...
Read more >>
27 August, 2020
Forex Brokers that accept Ecocash

Forex Brokers that accept Ecocash

This article describes forex brokers who accept the use of Ecocash for forex deposits and withdrawals. But what is mobile money all about?Ecocash is a telecom company-driven mobile money solution that operates in Zimbabwe. It is a product of Econet, a telecom company that operates in several countries in Africa.
Read more >>
08 August, 2020
Forex Brokers that accept Mobile Money

Forex Brokers that accept Mobile Money

This article is dedicated only to African forex traders that are looking for forex brokers who accept the use of mobile money for forex deposits and withdrawals. But first, what is mobile money all about?Mobile money refers to money stored in an account that is operated by telecom companies, in which the user’s mobile phone and other telephony details such as the phone number are integral components of the transaction process. This is possible because phone numbers are unique in themselves, and every phone device comes with a unique International Mobile Equipment (IMEI) number. The unique nature of phone numbers can be enhanced b...
Read more >>
26 July, 2020

Even a hint of conflict can destroy a currency

The content is supplied by Finance Makers, on the behalf of Axiory - a Belize regulated brokerage. We live in unprecedented times with the novel coronavirus pandemic taking over the world and the chaos prevailing in the United States. Nevertheless, conflicts that existed before remain a great threat to the security of nations, people, and their stability. Under the current circumstances, millions of people are under a constant threat of being left homeless due to the conflicts erupting within the region. Military or political conflicts are a real threat that jeopardizes the peace, stability and economic prosperity of any nation r...
Read more >>
23 July, 2020
Forex Brokers in Kenya with M-Pesa

Forex Brokers in Kenya with M-Pesa

Forex brokers that accept M-Pesa offer the opportunity to deposit and withdraw funds from a forex account using the M-Pesa payment channel. The M-Pesa payment channel is particularly popular in Kenya and Tanzania, but its popularity is also increasing throughout Afghanistan, Mozambique and India. M-Pesa is coined from a Swahili term: “m” stands for “mobile” and “pesa” stands for “money”. M-Pesa is a mobile payment method set up by Vodafone’s Kenyan partner, Safaricom as a means of transferring payments using mobile phone technology.This payment solution was devised as a means of helping unbanked populations get financial inclusio...
Read more >>
22 July, 2020

Forex Brokers that accept Credit/Debit Cards

The use of credit and debit cards as a payment channel by forex brokers is not new and has been around since the early days of retail forex trading. However, the main issue with the use of credit cards has been that of acceptability and uniformity of acceptance. While citizens and residents of Western societies can use their credit cards freely, the same cannot be said of citizens of many developing countries. However, the changing financial landscape of the world has improved credit card usability by many traders on forex brokerage platforms.What Forex brokers accept Credit/Debit Cards?There is a huge number of forex brokers tha...
Read more >>
21 July, 2020

Forex brokers accepting Payoneer

Payoneer is a popular international payment system that the company's clients use to send or receive money all over the world. According to the Payoneer website, they have over 4 million users across 200+ countries to whom they provide a fast, flexible, secure and low-cost solution. Payoneer accounts can be held in USD, EUR, GBP, JPY, CAD, AUD & MXN.What Forex brokers are accepting Payoneer?Unfortunately, I could not find any forex broker that would directly accept Payoneer for deposits and withdrawal (And I doubt that there is any). With that being said, because Payoneer offers ACH Bank Debit card, credit card, local bank tr...
Read more >>
11 July, 2020

Forex brokers accepting AdvCash

AdvCash (Advanced Cash) is a popular international payment system that offers plastic and virtual cards that clients can use to pay easily for goods and services all over the world. Thanks to the AdvCash popularity, many forex brokers adopted this payment system as one of the possible funding methods and are now accepting ADVCash as a method that traders can use for deposits and withdrawals.Forex brokers accepting AdvCashWe have prepared for you a table of some of the best and most popular forex brokers accepting AdvCash. When funding AdvCash account you can make payments using the currency that works best for you (USD, EUR, RUB,...
Read more >>
09 July, 2020
Is Forex Trading Halal or Haram According to Islam?

Is Forex Trading Halal or Haram According to Islam?

[vc_column width="3/4"]The issue of whether online forex trading is halal or haram according to Islam is a very controversial one. Controversial, because there does not seem to be a uniformity of opinion among many scholars on the issue. But what is the basis of the argument?The argument usually centres around whether forex trading constitutes a form of investment whose returns can be classified as usury. However, there is a lot more that is involved and this article will attempt to shed some light on the matter whether forex trading is halal or haram. It is pertinent to note that the writer is not a Muslim and views expressed he...
Read more >>
12 May, 2020
MWQ1M2