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Swaziland , Thursday 16 April 2026

Africa: Retail Forex Traders in Africa Face Risks of Uncertain Regulations & Losses

Published on: Friday 01 July 2022

Africa: Retail Forex Traders in Africa Face Risks of Uncertain Regulations & Losses Retail forex trading in developed nations is fiercely regulated and it is still surprising that as we speak several African countries are yet to do same. The number of active Forex traders in Africa continent is estimated at 1.3 million with Nigeria, South Africa and Kenya taking the lead. Although the number is lower if compared to other continents, it keeps increasing daily.



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