Forex and crypto offer numerous opportunities including trading and investing. Despite currency inflation across Africa and the bearish global crypto market, there has been an explosive increase in the number of Africans involved in the forex and crypto markets with forex brokers in South Africa. Out of all countries in the region, South Africa is currently leading the online retail trading space with its well-defined regulatory framework. Forex trading is simply the analysis of different currency pairs in order to place buy or sell trades based on the direction a trader believes the market will go in the immediate future. Also, crypto trading is similar to the forex trading concept. Whereas, crypto investors mostly buy their favorite cryptocurrencies with the hope to sell off for profit at a higher future price. Also, some crypto investors buy popular cryptocurrencies like bitcoin for daily business or personal transactions.
Online retail forex trading is rapidly increasing among Sout
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