SuperForex Solidifies Market Footprint in Kenya

Currently, the market that is considered the largest, most valued and most liquid in the world is the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Market. During the pandemics, Forex trading suddenly became a trending on the the internet, which allowed brokers to give individual traders access to this asset class.

Since the previous decade, the African capital markets have expanded due to the moderately steady economies and retail investors’ growing interest. South Africa and Kenya had registered the highest retail trading volume for the last five years in Africa.

As Kenya’s online Forex trading market had an estimated 80% growth in retail trading, let us introduce you to the well known broker on Kenyan trading market, SuperForex.

Wide Range of Trading Instruments

In terms of its services, SuperForex offers a wide scope of trading instruments to help its customers make different portfolios. These include:

• Over 300 currency pairs, including exotic ones;
• Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term;
• Stock trading with the shares of the world’s biggest companies;
• Stock indices, CFDs, options, and futures, including precious metals and crude oil;

SuperForex’s leading position in the industry has been proven by the multiple awards. Most recently, the company was selected as the Best New ECN Broker in Africa in 2020 by Global Brands Magazine. SuperForex supports accounts in the Kenyan shillings (KES).

Available on Mobile App

The mobile application developed by our team presents a light version of our classic Client’s Dashboard. It offers the full range of functionalities that you may need in order to manage your trading activity effortlessly.

Spreads & Commission Fees

For now, deposits and withdrawals are available with the M-Pesa payment system. You can open a trading account with Kenyan shilling. This means you can use your local payment systems to make deposits to or withdrawals from your SuperForex account.