How Does The Market Work?
Forex trading is a financial market in which traders buy and sell currencies, commodities, stocks, or other financial instruments. Forex brokers offer their clients a variety of forex trading platforms through which they can trade.
The foreign exchange market is the largest and most liquid market in the world. Kenya Forex companies are regulated by the Kenya Securities and Exchange Commission (KSEC). Foreign investors must comply with Kenyan laws when investing in Kenyan stocks, bonds, and Forex. You can even search online for more information about Trading Brokers in Kenya.
Image Source: Google
The Kenya Stock Exchange is the only legally sanctioned stock exchange in Kenya. Foreign investors must also comply with Kenya's foreign exchange controls which limit the amount of foreign currency that can be deposited in an Kenyan bank.
These controls were put into place to protect the Kenyan economy against over-dependence on foreign currency. KSEC regulates the activities of all Kenyan Forex companies to ensure that they meet the legal requirements and standards set by the government. KSEC conducts regular audits of Kenyan
Forex companies to ensure that they are following all applicable laws and regulations. Foreign investors should do their research before investing in any Kenyan company.
In this post, we will be discussing what a market is and how it works. Markets are made up of buyers and sellers who are engaged in an exchange of goods and services. When you buy something at a store, you are participating in the market.
The same thing happens when you sell something: you are taking part in the market. Markets can be classified by their purpose, which is to meet the needs of buyers and sellers.
