forex companies to implement strict security standards such as segregated accounts (where your money is safe in a first class bank account like Barclays, completely separated from the funds that brokers own money that they use to fund the operations) some. Maybe due to this, or given the fact that Kenyan market is relatively small, there are hardly any CMA regulated fx brokerages, but the situation is quite different when we compare to other African countries where market is more mature like South Africa or Nigeria. IG are also subscribed to the FX Global Code of Conduct which highlights their belief in adopting good practices within the industry. More and more middle class Kenyans invest in forex trading. Traders from Kenya can visit the South Africa version of the. They offer a range of regulated services, including the provision of spread betting contracts and contracts for difference (CFDs). IQ option review 9 / :1, metaTrader 4, fCA.K. Just some of the countries that they have now extended their presence to include Belize, Germany, France, the UK, and Chile. Kenyan forex traders have to decide, whether they choose CMA regulated fx company or go with some of the worlds most trusted currency brokerage. Traders can trial the AvaTrade platforms and put their trading skills to the test with a free 21-day demo account.
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As pioneers of not just online trading, but also the original iPhone trading app, IG now offer their trading facilities through web-browsers or via downloadable apps for a range of devices. We strongly advise you to trade with regulated forex brokers, just as an example all companies which you can find in our comparison review table on this page are 100 secure and trusted by thousands of Kenyan forex traders. Trading Fees Commisions Whether you are an intermediate trader or just a newbie you need to carefully inspect the fees structure, because that will make you or break you. Between 74-89 of retail investor accounts lose money when trading CFDs. We encourage you to start small with Micro or Mini if possible). The international website is in English, which is one of the official languages spoken in Kenya, making the information accessible to Kenyan traders. Our registered address is The Apex, 2 Sheriffs Orchard, Coventry, England, CV1 3PP. Swaps the fee you pay in order to keep the contract open over night. It does not constitute financial advice under the Financial Services and Markets Act 2000. One of, xTBs distinguishing features is the powerful proprietary trading platform that they offer, xStation. IG are also accountable to some of the most stringent regulatory regimes around the world. Since 2007 (over one decade!