Forex Trading in Kenya: A Comprehensive Guide Introduction to Forex Trading in Kenya What is Forex Trading? Forex trading, short for foreign exchange trading, involves buying and selling currencies with the goal of profiting from changes in their values. It's the world's largest and most liquid financial market, operating 24 hours a day, five days a week. The Forex Market: An Overview The forex market is a decentralized global marketplace where currencies are traded. Unlike stock exchanges, there's no central physical location. Transactions occur electronically between a network of banks, financial institutions, and individual traders. Forex Trading in Kenya: Is it Legal? Yes, forex trading is legal in Kenya. However, it's regulated by the Capital Markets Authority (CMA) to protect investors and ensure fair market practices. Traders should only engage with CMA-licensed brokers. Key Participants in the...