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Forex Trading Investment Opportunities In Ghana

Feature Article Forex Trading Investment Opportunities In Ghana
NOV 18, 2014 LISTEN

Ghana's oil boom has proven to be a great additive to one of Africa's most active small and medium enterprise (SME) economies. Its reputation as one of the continent's most stable democracies almost seems like an added bonus. For these reasons, Ghana has become increasingly attractive to foreign investors. But has to how many Ghanaians are taking advantage to be investors, is another question for another day.

Some experts have identified five sectors where investment opportunities are seems variable and one can easily put his money depending on one's interest and investment knowledge. The following are top 5 sectors identified:

1) Telecommunication

2) Financial Services

3) Real Estate

4) Industrial

5) Services

How many Ghanaians can really invest and be seen in any of these sectors? Just a handful, big ideas and little capital is the story of most Ghanaian banks. The second on the list being the Financial Service Providers have seen high growth in the presence of foreign Banks in Ghana.

This as compel some of our financial Institution to awake in their Service delivery and product innovation. The most interesting part is to see some of these Banks even taking advantage of the Global Financial Market Trading on other derivatives like Forex , oil, Gold, Options, ETF's etc.

Online ForexTrading is not just becoming popular in Ghana among our Bankers but a gradual move of even some known individuals taken advantage of this market. Trading in foreign-exchange markets averaged $5.3 trillion a day in April 2013, reports the BIS in its latest “Triennial Central Bank Survey”. This was up from $4 trillion in 2010 and $3.3 trillion in 2007.

According to current reports Foreign-exchange trading will more than double to $10 trillion a day on average a decade from now, driven by portfolio diversification from central banks, pension funds, hedge funds and insurance companies, according to UBS AG.

Ghana as country has already started seeing signs of some international Brokers trying to set up branches here in our part of the world. Some brokers like Future Pip a platform provider is already embarking on Free training on the online Forex Trading. According to them it's one thing wanting to invest and another having to understand the market. The Broker a nominee for the Global Finance Review Award, UK as already started an educational Tour through some of the country's best Universities as a follow up on its nationwide tour.

With the state of the art investment platform the Broker also won the PADAA Award for its youth empowerment program and financial programs. So join in the boom and be among one of the first people to learn and invest in these markets as Future Pip awaits your presence in taking advantage of the Global Financial Market.

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