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Forex brokers in Eswatini
Eswatini, officially the Kingdom of Eswatini, which was formerly known as Swaziland, is a landlocked country in Southern Africa. It borders Mozambique and South Africa. Eswatini is one of the smallest countries in Africa, with a total nominal GDP of 4.5 billion dollars. The capital and largest city is Mbabane and 89% of the population are Christians. The population is mainly Swazi, speaking the Swazi language. Top Forex brokers in Eswatini are regulated by the Eswatini Ministry of Finance. The regulator does not provide clear regulations on leverage limits for local brokers. There is no competition fund either, making local traders search for brokers regulated outside the country. See the list of the best Forex brokers in Eswatini below to ensure safe FX trading.
Eswatini’s economy is dependent on agriculture, manufacturing, and services. The country has close ties with South Africa. The health issues are serious challenges, including HIV/AIDS. The government is an absolute monarchy and is led by the King. The financial sector is fairly underdeveloped. The name of the country was changed to Eswatini from Swaziland in 2018. Local traders should be aware of time zone differences to ensure they trade during high liquidity. Eswatini time zone is UTC+2. Trusted Forex Brokers in Eswatini offer maximum flexibility to traders as there are no strict rules and oversight on FX trading.