The dollar is involved in the majority of Forex transactions. The smallest unit of tradig price movement is called a PIP. If you have no prior experience in trading or you feel that you are not yet ready to trade, you can first use a demo account where you can get a feel of real market conditions but without the risk of losing real money.
This is an example of how Forex trade has caught the attention of some Ghanaians. Online Foreign Exchange Forex trade has become very popular in Ghana not only among the financial institutions or wealthy individuals but also average Ghanaians who are ready to grasp the huge financial opportunities it offers. Increasingly, the number of individuals showing interest in the online forex trading business keeps increasing day by day in Ghana.
According to Forex Academy, an Accra based forex training institute, the sector, although new in the country is attracting a number of Ghanaians not only in the capital but across the length and breadth of the country. The academy claims that the number of people it had trained in the last two years has been very encouraging though the actual figure was not given.
This market involves buying and selling of currencies at determined prices and is said to be the most traded financial market in the world. David Apinga, a media practitioner is one such person. He has been trading Forex as a part time activity for 2 years now. I came back to Accra, enrolled with Forex academy and started trading right away. Dougan sees the importance of forex trade far beyond personal gain but more as a means for economic benefits.
He explained how Ghana can benefit economically if forex trading is encouraged in the country. Moreover, he believes it can be an alternative way to address the worrying unemployment situation in the country. Ghana FX gives Pro Traders access to real market pricing from multiple liquidity providers to trade on.
Manage your account like an expert, test your strategies, leverage and analytics. Our Online Trading School is designed to improve your FX knowledge and help you hone the trading skills you need to trade the markets! Whether you are a beginner or an experienced trader, our seasoned market analysts will guide you through the market, key strategies and concepts you need.
All for Joomla All for Webmasters. Our promise is to respond within 1 hour for: Trading CFDs contract for difference are high risk and you may lose some or all of your initial investment. Start trading in 5 minutes with these 3 easy steps: Sign up for live account. Free Webinars Build on your trading knowledge and skills by joining our weekly webinars.
Meet with Gerald Book your coaching sessions with our in-house expert for all things trading.Ghana Cedi, Ghana currency, Ghanaian currency, Forex Market. Ghana Cedi ( GHS) Exchange Rates and all-in-one currency converter. A Foreign Exchange Bureau in Kigali. Ghana Travel Guide. I wanted my children to trade cocoa, so some colleagues and myself started Ghana FX, a trading. O n October 10 th, OANDA launched fxTradeNOW, the first Google Chrome browser extension that allows users to trade live forex rates from any webpage. 1 2 3