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I stumbled across a warning from SEC that Nigerians trade forex at their own risk. Is forex trading legal in Nigeria? If not, what is stopping Nigerian authorities from licensing forex brokers?
Replied 8 hours ago -
Its not as bad as they make it seem, many Nigerians still trade forex and withdraw their profits successfully. Just choose a broker that is well regulated from countries with strong economies like the United Kingdom, Australia, etc. avoid brokers solely regulated from countries with weak economies
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Daily FX Options Expiring by 10 AM New York Cut
Replied 2 days ago -
EUR/USD
1.1800 (EUR 737.28 mn)
1.1755 (EUR 565.70 mn)
1.1700 (EUR 664.57 mn)
1.1600 (EUR 935.93 mn)
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How to trade eurusd (with the breakout strategy)
Replied 3 days ago -
11/12/2025 EURUSD breakout strategy.
Price broke out of the Asian low and reversed upward. If I were a buyer, I would have bought around 1.1686 and kept my stop loss below the Asian low around 1.1680.
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Which brokers support ussd code deposit method?
Replied 3 days ago -
Trade Nation supports USSD payment methods with $1 minimum deposit.
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+1
What was your experience with Headway Broker like?
Replied 4 days ago -
Headway is legit bro
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Initial Balance Strategy (tested on EUR/USD)
Replied 4 days ago -
After price closed outside/below the lower purple line and you spotted the bullish engulfing reversal pattern, it would have been a buy signal for you to go long.
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| ⚖️Is Forex Trading in Kenya Legal? | Yes |
| ⚖️Forex Trading Regulator | Capital Markets Authority (CMA) Kenya |
| 📃Type License Issued To Brokers By CMA | Non-dealing Forex Broker Licenses |
| ✅No. of CMA Licensed Forex Brokers in Kenya | 12 |
Is There Forex Trading in Kenya?
Yes, Kenya has over 300,000 people who trade forex online and it is completely legal.
Forex trading in Kenya is regulated by the Capital Markets Authority (CMA) who are a statutory body established by law since 1989.
The CMA issues non-dealing forex licenses to forex brokers who meet their requirements & wish to do business in Kenya.