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Best Forex Traders In Kenya

Forex trading is a prevalent way of generating income online in this internet age, not just in Kenya, but worldwide. It would seem easy at a basic level; you only buy and exchange one foreign currency for another, but forex trading is deeper than that. Today, we will look at some of the best traders in Kenya.

16 September, 2020

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...

04 September, 2020

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.

08 August, 2020

Forex Brokers that accept Mobile Money

The number of forex brokers that accept mobile money for deposits and withdrawals is still relatively low. Despite this fact, there are already a couple of solid forex brokers who work with mobile money. The mobile money payment channel is very common in Africa, especially in Ghana, Kenya, Cameroon, Rwanda, Uganda and Tanzania, where it is used as a tool for financial inclusion.

26 July, 2020

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.

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. This article will look at the best forex brokers that accept credit/debit cards, their key features, and deposit and withdrawal policies.

21 July, 2020

Payoneer Supported Forex Brokers

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 transf...

11 July, 2020

Forex Brokers accepting Volet

Volet (formerly 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 Volet popularity, many forex brokers adopted this payment system as one of the possible funding methods and are now accepting Volet as a method that traders can use for deposits and withdrawals.

09 July, 2020

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...

12 May, 2020

Forex Trading in Kenya - Basics, Regulation

[vc_column width="3/4"]Forex trading in Kenya has assumed great importance because of the technological and regulatory advances that have been made there as far as financial market operations are concerned. Kenya is located in East Africa and is considered the most advanced economy of the region. Kenya’s e-payment revolution is well known, being the first country to push mobile payments to the forefront of economic activity not just in the region, but in Africa. These advancements have allowed the forex market to take a solid hold in the country.Overview of the FX market in KenyaKenya’s forex industry operates within the confines...

02 May, 2020

Forex guide

Best Forex Traders In Kenya

Forex Brokers that Accept Mobile Money in Ghana

Forex Brokers that accept Ecocash

Forex Brokers that accept Mobile Money

Forex Brokers in Kenya with M-Pesa

Forex Brokers that accept Credit/Debit Cards

Payoneer Supported Forex Brokers

Forex Brokers accepting Volet

Is Forex Trading Halal or Haram According to Islam?

Forex Trading in Kenya - Basics, Regulation