As you may well know, the trading of cryptocurrency has become increasingly popular among Africans. Analysts have attributed this to the continent’s tech-savvy population that has quickly embraced digital payments via mobile.
Over the past 10 years, Contracts for Difference (CFD) trading has grown in popularity in Africa. This trend is expected to increase through 2021 and beyond.
Mawas said while the market presents a vast array of earning potentials, all beginner traders need to first understand the differences between FX and CFD trading.