Browsing: Online trading

Scope Markets has formally launched in Kenya and commenced trading in online forex.

The licensed foreign currency trading platform has more than 1000 accounts already opened, highlighting Kenya’s thirst to venture into online trading.

SCFM Limited (trading name: Scope Markets), a non-dealing online foreign exchange broker, which is licenced by the Capital Markets Authority, wants to create a digital workforce built on a community of online traders.

Diversifying alternative revenue

According to the company, there is remarkable interest from the youth, as they seek to diversify their alternative revenue options beyond trading in local shares and securities.

Scope Markets also targets to train about 50,000 novice traders in currency dealings in the next two years as part of the company’s plans to integrate more Kenyans into the fast-growing digital economy.

There is a huge opportunity for the youth to learn more about the world of forex trading and turn online …