To trade forex in Kenya via a locally regulated broker, you need to open an account with any of the forex brokers regulated and licensed by CMA. There are six such brokers who are regulated by CMA: EGM Securities, PepperStone Kenya, ForexTime (Exinity Group), HotForex, Windsor Markets and ...
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We decided on Scope Markets as one of the best trading platforms in Kenya because of its advanced tools and features. Reliable service and support became the basis of our selection, that is allowing users to trade without any problems. Key Features Variety of financial tools like forex, share...
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Users of the multi-asset trading platform MetaTrader 5 (MT5) may trade Forex, equities, commodities, and cryptocurrencies, among other financial instruments. Its special qualities are built-in economic calendar, sophisticated charting tools, and direct trading from charts capability. Furthermore, support...
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Foreign dealers wishing to trade in Kenya will also be required to maintain an equivalent of 40 million Kenya Shilling, or 400 000 USD of their capital reserves in financial instruments in Kenya. The new regulations also impose a leverage restriction – the maximum leverage allowed with forex tra...
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CMAKenyaKenya For UK Based traders, you must only trade via a FCA regulated forex broker. If your country lacks a local regulation, choose a broker with a license from these Tier I or Tier II regulators. It is best if the forex broker/dealer has multiple regulatory permits i.e. it is...
On the other hand, theRBI manages the larger economic scene, including monetary policy and foreign exchange management,since it is the central bank of India. The RBI follows FEMA regulations, which control all overseas trade in India. Its responsibilities involve ensuring the stability of the India...