04/02/ · Patrick Mahinge is a full time forex trader, money manager, and consultant to major financial funds. At only 28 years old he is widely considered an up and rising star in the forex 4 rows · 05/02/ · Since forex trading is relatively new in Kenya, the guys who offer forex classes in Nairobi 11/02/ · 6 Steps to start Online Forex Trading in Kenya: Learn basics of Forex Trading & Forex Market; Understand the key Currency Trading Terminology; Open a Demo Forex Nairobi FOREX Trading school offers the most comprehensive Forex Trading education course in Kenya to both retail and institutional clients. The course covers Forex Markets, 3 rows · 23/06/ · Best Forex Trading Training Schools in Kenya, Nairobi. Brains With Concepts – Best Overall ... read more
The professional forex trading course material is made of explainer videos, narration audio, text notes and knowledge check quizzes. Most importantly, our students have access to unlimited refresher and mentor-ship classes after completing the course. Acquire fine skills in trading currencies, indices, stocks and commodities. The training covers beginner, intermediary and advanced levels of FOREX trading through the eLearning course.
We offer unlimited refresher classes for our students alongside mentor-ship; on-demand basis. This ensures all our students have full support to build full confidence in trading.
Silah has over 10 years trading experience and is the team leader and vision carrier at Nairobi School of Forex. Lawrence has over 10 years of trading experience and is highly knowledgeable and passionate about Forex. Salman ensures that all client inquiries are adequately answered on time while ensuring seamless student on-boarding.
Peter has over 5 years of Forex trading experience and works closely with the head of training to deliver the course. Nicholas has over 7 years of Forex trading experience and works closely with the head of training to deliver the course. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. Facebook-f Twitter Instagram Linkedin-in. Discord Community. Home Enrollment Course Structure Funded Accounts CashBack Events Seminars Webinars Blog Contact Menu.
Online Forex Trading Course for both Online and Physical Classes. Learn to trade confidently at your own pace with a dedicated mentor. The live accounts will be used as a benchmark to ensure the students are able to start trading with real money on their own. Forex Trading Course. Most Trusted and Established Forex Trading Academy in Kenya. What to Expect from our eLearning Course. First Class Training Acquire fine skills in trading currencies, indices, stocks and commodities.
Unlimited Mentorship We offer unlimited refresher classes for our students alongside mentor-ship; on-demand basis. Connect with our team. Silah Obegi. Lawrence Kagema. Client Support. Salman Mohamed. Operations Manager. Reinhard Ondieki. Reinhard ensures efficiency in course delivery and administration of the live accounts program.
Peter Wangila. Nicholas Kioko. What our students have to say! The school mentorship programme provided a good platform that helped me improve my Expert Advisor automation skills.
I've built a strong relationship with my mentor and we keep in touch from time to time. As a shopkeeper, the wholesaler's selling price is equal to your buying price.
Similarly, when you are selling the same groceries to your customers, your selling price will be equal to your customers' buying prices.
Generally, the bid prices are lower than the respective ask prices. This is because the sellers try their best to make a profit off a trade. It is good for you if your broker has a lower spread, which would mean lower fees for a trade. For trading in the forex market you need to trade via a broker. The broker's Bid price would be quoted as something like 1.
The difference between this is the broker's fees called the spread. The lower the spread, the better it is for trader. This is because it will allow you to retain more profit or a lower loss. as these can make the overall fees higher even if the spread is low.
For ex. And there is Broker B, that has 1. The overall fees would likely be lower with broker B, depending on your trading volume. The value of your order will depend on the units of a currency traded. Generally these units are referred to as lots. You will see the option to choose the number of lots that you want to trade on the brokers platform.
Most brokers allow to trade custom number of lots, for example you can trade 5 Mini Lots, or even 5. Brokers like FxPesa, Exness etc.
that offer MetaTrader have this option. Capital Markets Authority CMA of Kenya has made online forex trading in Kenya more regulated now. To trade forex in Kenya via a locally regulated broker, you need to open an account with any of the forex brokers regulated and licensed by CMA. There are six such brokers who are regulated by CMA: EGM Securities, PepperStone Kenya, ForexTime Exinity Group , HotForex, Windsor Markets and Scope Markets.
There are also global foreign regulated forex brokers accepting traders from Kenya - that are regulated with foreign regulators like Financial Conduct Authority FCA , Financial Sector Conduct Authority FSCA , Australian Securities and Investments Commission ASIC and the likes. It is recommended that you choose the only brokers that are licensed by CMA. Only this will ensure that you are trading forex legally. Almost all the brokers provide demo accounts. Demo accounts are like real trading accounts, and your can trade and understand the nuances of trade just like real trading account without risking your real money.
But it is still a good place to learn trading. Most Forex brokers have a Live Account Opening page on their website. Live this example from FxPesa's website. Generally, the steps involved are the same. You need to fill your 'Account Information' details, your Financial Adequacy information.
Then you need to submit your 2 KYC documents i. For the KYC, it is essential that you submit valid documents as this will prevent any issues during withdrawals. For ID proof you can submit copy of your Passport or any other National ID.
For Address proof, you can submit your phone or any other Utility Bill. ECN Electronic Communications Network brokers is where the investors directly get connected to the other investors in the Forex Markets and the fee is calculated by the volumes traded by the clients that pass through the ECN environment.
STP or Straight Through Processing is where the broker passes the trades to liquidity providers for execution and gives access to interbank market structure. Even though having DMA gives you wider access to markets with higher rewards and risks, but finding true brokers providing DMA is difficult and tricky. You should avoid brokers that are market makers as these brokers take position against you.
So any loss that you make with a market maker forex broker is the profit of that broker. All the CMA licensed online forex brokers are 'Non-Dealing' which means they don't operate a dealing desk.
So, they are not market maker brokers. If you are a beginner, you should choose brokers with standard spread accounts only where the broker preferably offers STP accounts like in case of Hotforex. The expert traders can go for ECN type account. These have low fees but commission is charged as per the trading lots.
With Zero Account it is 0. So, if you are a trader trading high volume, it would be right decision to open your trading account with Zero Account for saving on the broker's trading fees. Many brokers offer a lot of options when it comes to opening accounts with them. All these accounts require a minimum account balance. This would ensure that a sizeable position could be taken in trading and a good profit could be earned on positive market movements.
However, it should be kept in mind that a position would depend on the balance maintained and the leverage offered by the broker. Trading positions also depend on the lot size that one opts for. One can trade in Standard lots , units , Mini lots 10, units or Micro lots units. Knowing this information is very helpful as this would help in determining the level of risk one can take and what position to take in the trades. The broker offers a leverage of and 0.
Generally, the very liquid forex pairs have changes in the range of of pips. So, one can generate a good return if you invest wisely with low leverage. However, the risk appetite should also be kept in mind. Regulated forex brokers like FXPesa, Scope Markets Kenya , PepperStone Kenya allow traders the option to fund trading account in KSh. using local bank trasfer via bank account in Kenya. With this method it can generally take upto 24 hours for the broker to credit your trading account.
Generally both these methods are instant for funding, and it takes few hours in case of withdrawals. But it takes few days for withdrawals in your bank account. It is really important to understand the risks, so you can take preventive action to minimize them. Forex deals with exchange rates and currency pairs. Forex market is quite volatile. As per the global financial markets, the fluctuations in exchange rates could be various economic, geopolitical, social, etc.
The currency pair which can give a profit today may incur a loss tomorrow. Therefore, to cover the volatility risk, one has to study the exchange rates and currency movements very carefully.
In forex trading, the risks of incurring huge losses should be covered using hedging instruments like derivatives. High leverage means trading on the capital which is not owned or is borrowed. So, if the leverage is high then the losses on that becomes a double burden on the investor to pay off. To safeguard the money invested and to cover oneself from any fraudulent practices, one must always trade with regulated brokers. The risk-reward ratio should be calculated before investing as the markets are volatile and an investor should be sure how much money is expected to be gained and what is the maximum loss that can be incurred.
The predictable loss should always be less than the predictable profit. There must be a limit stop loss order in place that protects against loss to the minimum. Remember, Trading CFDs are risky instruments as they involve a leverage. The loss incurred may be more than the money invested.
Hence, these products should be tracked and tested on demo before trading live. The traders in the financial markets lose money, as losing is one of the aspects of trading. Most traders use Technical analysis in their trading, but it is still important to learn both.
Fundamentals affect the outlook of an economny. A bad economy would mean a bad currency, and vice versa. So it is important to undertand the basics of Fundamental trading. Technical analysis involves trading based on the charts, reading the patterns, using charting tools, indicators etc. to figure out the currency's movements. Traders that use technical analysis read the chart using methods like candlestick patterns, Supply Demand, trendlines, support resistance etc.
Below is an example of how a trading chat looks like. A technical trader would analyse different time frames as well during analysis. If you are just starting out, it is really important to spend as much time as you can to learn about the concepts of Forex, CFD trading; it's risks, strategies etc.
Once you have learned the basics, start by opening a demo account with a broker of your choice. Trade using that demo account until you have a good strategy that works, and has been tested over a period of months minimum.
Want to take your trading skills from a beginners to advanced leve l? Our Online forex trading training course is designed to make you a profitable and consistent trader by learning from mentors who prides themselves with deep knowledge of the art. Train and trade with the best forex traders and trainers in Kenya.
Get the Financial freedom and time you have desired in your life by committing yourself to this life changing opportunity. You are looking for a lazy and quick way to make money online. You are NOT ready to put in the work to learn and master the skill. You DONT believe in your ability to commit and learn the skill. You think forex trading is gambling, not investing. You think that you already know everything there is to know about forex trading.
The above links depict our trading strategies and results hence are made public for transparency and credibility reasons to our potential clients. Want to Sign-Up to the best Online Forex Trading Academy in Kenya?
Its easy! Despite being a University graduate, I was unemployed, desperate and barely able to support my one year old child. Your online writing course has enabled me to earn an honest living and to support my family. Grateful to your team for the support. I was looking to start a moving business and talked to your team.
Thanks for your guidance in making me start my dream business. I don't regret hiring your team for the strategy brainstorm and implementation. Your Start Up Consultation opened many doors for me and has transformed me into a competitive provider for my niche. At first I questioned the concept of having to buy teaching material when you can access most of it online for free. I enrolled for the Oline Forex course after a lot of convincing from a friend who had taken it before me.
I am convinced that I made the right choice as this course has been put down in a way that has opened my eyes to so many things in Forex Trading. I am very happy with the Brains With Concepts team. Being a stay-at-home mom I have always wanted to work and make money from home.
I enrolled for the Freelancing Master Class course and now I am able to secure a number of gigs on a daily basis. Necessary support and assessment is offered through email and Phone calls by our team of trainers as you proceed through the course. How Long does the Training Take? The training is self-paced and there is no limited time for you to take the course. On average, if you are a complete beginner you will need at least 1 month to complete. if you have been on charts before, it should take you lesser time.
However, you take the course at your own pace and can revisit course anytime you wish even after the training. Ours is a transformation journey from a losing trader to a winning trader. It is an opportunity for you to upgrade your forex trading skills big time. It is not only about starting at a much-skilled level, but also about gaining that exclusive knowledge gathered and developed by our forex trainers and mentors in the field for years. Additionally, the fee is a sign of commitment for the value we are offering you.
It will therefore be less hectic if we can limit the interaction to only those who have already shown some level of commitment. Does the Course Need any Background Qualification? You do not need any background qualifications to take the course. Our Forex course is suited for any person who can take and understand simple instructions. Computer literacy is needed.
How Much do Forex Traders Make? Forex traders have no fixed income unlike the job. Your income is pegged on the size of your trading portfolio, trading experience, the volume of trades and ability execute and manage risk as needed. We use only 0. Due to the low risk per trade, drawdowns are kept very low. How Much Time Do I Need to Dedicate to Trading Each Day? This depends on your trading experience. We spend ONLY 30 mins -1 hr on charts on a daily basis.
This means you are being taught by real traders, not by a stand up on stage salesman who has never traded before. You can trade in less than 30 minutes a day. No more watching charts all day long! Any pair and any time frame chart can be traded. We trade on live account in front of you in real-time. You can see the account and listen to the reasons why we take each trade. This is a great way to see real time live trading. How Much do Forex Traders Make per Month?
Your income is pegged on the size of your trading portfolio, trading experience, the volume of trades and ability to manage risk as needed. Due to such low risk per trade, chances of losing all your money are minimal and drawdowns are extremely low How Long do Students Take to Learn Your System Effectively? Allow months. You will need to trade on demo for at least 3 months to master the strategy and your trading psychology. Otherwise, you stand to lose in your live account. No rush, take time to watch the videos, read the notes and attend the trading room webinars.
What Percentage of your Students do not Succeed and Why do you Think that is? The rule applies. You need to have a passion for trading and be excited by it. This may sound harsh or blunt but it is the reality that most people will never tell you. Follow your trading plan strictly, apply low risk, learn to effectively manage your emotions, and only take high probability trades. You will become a successful trader. Select your training package and receive our professional online forex trading training inclusive of lifetime mentorship.
Disclaimer : Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Forex Training. Home Forex Training. Online Forex Trading and Training If you are on this page, chances are that maybe you are interested in forex trading, you want to learn how to trade, or you have been constantly googling online forex trading training, best forex trainers in Kenya , or something closely related.
Online Forex trading has emerged as one of the fastest needed skills among the unemployed population. We have been in the forex industry for more than 5 years and ready to impact you with the right trading skills and mindset that help you to approach the money markets with the required precision. We leave no stone unturned in making sure that you join the list of successful forex traders in Kenya by offering the best of technical, fundamental and psychological knowledge. You have a chance to join our ever active online trading room as well as access our trading floor and mentors anytime you wish.
Complete Beginner To Advance Forex Trading Course Want to take your trading skills from a beginners to advanced leve l? Train and trade with the best forex traders and trainers in Kenya Get the Financial freedom and time you have desired in your life by committing yourself to this life changing opportunity. NEW TO FOREX TRADING? START WITH OUR FREE LEARNING RESOURCES. About our Full Online F orex Trading Training C ourse.
Perfect for Beginners and Intermediate Traders. Our Forex Trading Training Packages. View Package. How to sign Up for the Online Forex Trading Course Want to Sign-Up to the best Online Forex Trading Academy in Kenya? Select Package. Get Logins. Start Training. Start Demo Trading. Graduate to Live Trading.
GET INSTANT ACCESS TO THE FULL TRADING COURSE. Our Trusted Brokers. Open Trading Account.
3 rows · 23/06/ · Best Forex Trading Training Schools in Kenya, Nairobi. Brains With Concepts – Best Overall Here are 9 Basic steps to trade forex in Kenya. Learn the Basics of Forex Trading including all the Risks. Search, Compare and Select a Forex Broker. Compare Forex Account Plans and How to Start Forex Trading in Kenya – a Step-By-Step Guide. Experienced forex traders may not need guidance, but these five steps are primarily meant to assist with forex trading in Forex Trading Training in Kenya - Get Started Now Apply Fill the Following Form To Request for Training Forex Training Application Form Carefully Fill in This Application Form Before 12/01/ · Forex Trading Trainers in Kenya. The Royal Institute of Business (Kenya): Contact: + or Visit Website: Royal Institute of business Forex trading training in 11/02/ · 6 Steps to start Online Forex Trading in Kenya: Learn basics of Forex Trading & Forex Market; Understand the key Currency Trading Terminology; Open a Demo Forex ... read more
To top it off, they add account management. Check Website. We leave no stone unturned in making sure that you join the list of successful forex traders in Kenya by offering the best of technical, fundamental and psychological knowledge. To be honest, these resources are very easy to access, and in most instances, they are free but may have some limited information. A quick example would be Euro vs. The format of the course is in an interactive learning portal with Recorded Videos Tutorials, Presentations, PDFs, Quizzes and Practice Sessions.
But is forex trading profitable? These are the question and answer pages found in almost all major sites. Who are the Best Forex Brokers and Dealers? Forex trading is a profitable only if you know how to study the currency forex training in kenya and when to invest in which currency pair. No requirements or sign-ups are needed. Research about the forex school mentors and know whether they teach forex trading, or do it themselves as well. Have a good look into the course outline they offer and learn just how comprehensive they are, for the more comprehensive it is, the better, forex training in kenya.