Intelligent CIO Africa Issue 49 | Page 32

TALKING

‘‘ business

While the advent of technology has undoubtedly been instrumental in the progression of the trading sector , at the heart of the industry lies the client and technology evolves depending on how clients use it .
Commission of The Bahamas ( SCB ) who keep an up-to-date register of all firms and their business activities . Traders should weigh up the investment risks and rewards , and take into account whether they can afford the high risk of losing their money .
If it is too good to be true , it usually is . Be wary of schemes where it is too easy to open an account , too easy to deposit , too easy to trade and too easy to make money . This is a clear sign of limited regulations and processes . doesn ’ t always lead to instant success and true trading power and knowledge come from experience .
It ’ s therefore important to partner with a broker that has its finger on the pulse of the digital evolution , and still maintains the human touch that will help build a relationship based on trust .
In order to find the right trading partner , it is crucial to research the company and the regulations that they abide by . The best place to start is with the Securities
It is also important to question that if your investment is too low , how is the brokerage making money ? If this is the case there is often more at play than you may initially realise .
While the advent of technology has undoubtedly been instrumental in the progression of the trading sector , at the heart of the industry lies the client and technology evolves depending on how clients use it . Even in a digital world , human value is still key to success . INFINOX is also available in African countries including Botswana , Tanzania , Ghana , Namibia and Mozambique . p
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