Sunday, November 24African Digital Business Magazine

Tag: forex brokers

Forex

What Should You Know About The Forex Market?

The Forex market is acknowledged as a global and decentralized marketplace where you can buy as well as sell currencies. A participant involved in the Forex market ranges from individual retail traders and central banks to financial institutions. This market works 24 hours and five days per week. However, trading activities reach their peak at the time of overlapping hours in some significant financial centers like Tokyo, London, and New York. Image source How can you open a Forex account? You can open a Forex account easily online, and before you begin to trade, you will be required to deposit some money that will be in the form of collateral. Additionally, Forex brokers provide leverage to customers. This entices them to trade bigger amounts, and based on the nation a trader uses ...
Forex

5 Best FSCA Forex Brokers in South Africa

Overview The Financial Sector Conduct Authority (FSCA) is the regulatory body in South Africa that oversees a variety of financial activities, including the provision of online trading solutions and services. It is a reputable and strict entity. Amidst the list of brokers that have applied for regulation through the FSCA, the following five have been granted permission to operate within the country and other African countries that do not have their own regulatory bodies and thus use the FSCA. ThinkMarkets Established in 2010, ThinkMarkets is a reputable STP broker that offers trade in a variety of financial instruments to a multitude of traders across the globe. ThinkMarkets incorporates the best range of online technologies with their suite of advanced trading platforms and tools, offeri...