In forex, you determine your own lot or position. Online Forex are taking advantage of the expansive internet connectivity in the world and desperation for employment among the young people, who are willing to risk to gain.
Best forex bureau in Nairobi
The currencies are usually moderated by the Central Bank of Kenya. The main reason behind the moderation of Forex bureau exchange rates Nairobi is to prevent exploitation of the citizens by the bureaus. Some of the exchange rates of Forex bureau Kenya, which have been moderated by the Central Bank of Kenya include the following:. Fake nuns steal KSh3 million from forex bureau in Nairobi. It has been a major player in the market since its inception in after being licensed by the Central Bank of Kenya.
A member of the Kenya Bureau Association. Its focus in seeing that foreign exchange needs are met, has seen Nairobi Bureau De Change earn a reputation for honesty, integrity, reliability, competitiveness and excellence in customer service over the years. Also there's Western union which has also been the key player in international person-to-person money transfer, money orders, business payments and commercial mailing services in the world.
US Dollar is the standard currency of money transfer using Western Union. Western Union Kenya contacts are:. Successful Forex Traders in Kenya. The advancement in the technology and online Business transaction have led to the birth of online Forex Bureaus. Online Forex brokers are giving other Forex a run for their money since their exchange rates are much lower as compared to the physical ones.
Online Forex are taking advantage of the expansive internet connectivity in the world and desperation for employment among the young people, who are willing to risk to gain. They do not follow bureaucracies set by the Central Bank. They make their money simply through predicting what the rates of exchange will be at a particular time, between their base currencies and quote currency.
They are not common in Africa, as some people have termed the business illegal, but there are measures being put in place to incorporate the online Forex trade in the formal Forex exchange market. Forex trading in Kenya: We handle worldwide remittances efficiently by way of telegraphic transfer or demand draft. For all your currency exchange services, come to the leading authorised dealers of foreign currency at Alpha Forex Bureau Ltd.
We have an unrivalled reputation for excellent customer service and competitive rates. Our dedicated team of advisers help to make us your first stop for foreign currency services, whether you are a visitor or resident in Kenya. Our business is focused on money changing and throughout the years, we have expanded our operations and services to become the best.
We deal in all major foreign and local currencies, and also do Wire Transfers in all major currencies. Among all the licensed forex bureaus in Kenya, we provide the best currency exchange rates on the days market plus faster service. There are many advantages of trading in a forex bureau rather than using other avenues to exchange currency, receiving or sending money.
Here are reasons why many people prefer forex bureau. This allows them to trade directly with the market responsible for the pricing on a particular currency pair. In forex, you determine your own lot or position.
This allows traders to participate with accounts having a small amount of money. At larger dealers, the spread could be as low as 0. This means that under normal market conditions, with a click of a mouse, you can instantaneously buy and sell at will as there will usually be someone in the market willing to take the other side of your trade and thus you are never stuck in a trade. For all your foreign exchange needs, come to Alpha Forex Bureau Ltd, the best Forex Bureau in Kenya and get sorted in all your foreign remittance, foreign draft, swift transfers, and facilitation of foreign trade activities, insurance premiums and foreign exchanges services.
Alpha Forex Bureau is the leading dealer of foreign currency. We provide you with a comprehensive range of services, whilst ensuring you have complete security from start to finish. So beat the queues at the banks now by visiting us at our office.