Unlike Forex dealing, Forex trading is the act of speculating on the foreign exchange market, with the aim of making profit. Also known as FX reading, foreign exchange trading or currency trading, the business idea has been brought to Malawi by an international Forex dealing firm called Tailored Forex Trading.
The firm has taken its first steps by organizing a workshop to enlighten Malawians about the business. Tailored Forex Trading’s Chief Trading Officer, Cjay Mhango outlined that trading Forex involves buying one currency while simultaneously selling another.
He also said that Forex trading can offer Millions of Malawians an opportunity to earn an income beyond boarders.