The best Forex brokers in Cambodia

With a per capita income of $4,000 in 2017, Cambodia remains categorized as a least developed nation by the United Nations. Agricultural activities like fishing and rubber cultivation hold immense importance for rural communities. Traditional rice varieties reintroduced by the International Rice Research Institute have aided Cambodia's agricultural landscape. Over the period from 2001 to 2010, the country achieved a noteworthy 7.7% GDP growth, leading to reduced poverty rates, although challenges persist in healthcare and education. While the National Bank of Cambodia oversees the banking and financial sector, obstacles such as corruption and limited education impede its progress. Consequently, the absence of a local regulatory body for Forex markets and securities trading prompts reliance on Forex brokers regulated beyond Cambodia's borders. Manufacturing is dominated by the garment industry, but tourism serves as a pivotal revenue source, drawing millions of global visitors. Rice and rubber cultivation also contribute significantly, alongside efforts towards transport infrastructure and renewable energy. Although Cambodia's focus on financial services is limited, its growing tourism and infrastructure make it an emerging player. For secure trading, relying on trusted Forex brokers regulated externally is the prevailing choice, given the absence of local financial market regulation.