Africa Business Southern Africa World 

State of Online Forex Trading Industry in Africa: Report

– Advertisement – Foreign exchange market is a popular financial market where global currencies are traded & it is the largest market in terms of volume even larger than world’s biggest stock exchanges combined. In the recent years, retail currency trading where small investors can take part in the forex market for speculation is gaining popularity globally. African traders have shown particularly interest in the trading instruments like forex, stock CFDs and Bitcoin even more than local stock exchanges in some countries. Most brokers & cryptocurrency exchanges operating in Africa…

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Africa Business Southern Africa World 

Is it legal to trade Forex in Zimbabwe?

– Advertisement – Overview Apart from being the largest and most active financial market in the world, the Forex market is considered as one of the most valuable vehicles of international commerce. Zimbabwe is notorious for ongoing economic upheavals, both past and present, but this should not discourage Zimbabwean traders as they remain the link between local and international communities. The Zimbabwean currency has seen a substantial number of demonetizing phases which inevitably led to its final suspension in 2009 by the Zimbabwean government. In its place, a multiple currency…

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