FSCA licence 42020 is issued to Oinvest, a forex broker based in South Africa. There are over 350 CFDs available for traders to trade commodities, indices, shares, and cryptocurrencies. First, let’s discover the trading conditions and the Oinvest minimum deposit. The platform offers trading in more than 20 countries worldwide but seems to be primarily oriented towards South African traders – claiming to be South Africa’s leading broker. When it comes to trading platforms, Oinvest makes up for the top choice in types of accounts! WebTrader, MetaTrader4, and a mobile app are all options available to investors. Each platform has its benefits, so users can choose which is best for them. About Oinvest Avonex Corporation LTD launched Oinvest in 2018 asread more
Our Traders’ Blog is a fun, informative and exciting section with topics traders like you search for!
On the Internet, there are countless forex-related websites and blogs.
However, many people are not getting what they want.
TradeFx discovered something was missing!
We figured that someone had to do something about what was missing.
As a trader, you require a secure environment in which to learn about forex trading and what is truly going on within the market.
There is no point in knowing about trading patterns and candlesticks or broker regulation if you are not getting what you truly want.
That is why we place such stress on the significance of these topics to everyone.
Our purpose is to guide you from every angle available, including:
Simplifying trading ideas in a professional and approachable manner, assisting our blog visitors in technical analysis.
Educating our blog visitors on how to avoid choosing an unregulated broker
Let’s face it, trading is difficult and requires hard work and dedication, which is not an easy way to make money.
Our resources will teach you the fundamentals of trading and think about the forex market as a businessperson. So, you don’t end up blowing your account
TradeFx serves to safeguard inexperienced traders from losing all of their money in the forex market, either through their own poor trading decisions or through the actions of others.
The only thing we ask is that you enjoy your time with us and learn as much as you can so that you can apply what you have learned along the road.
FSB, aka Financial Services Board, was South Africa’s financial regulatory body established in 1990. The agency was disbanded in 2018 with the introduction of FSCA. In this guide, we’ll take a look at FSB South Africa and how it functioned. A little background The FSB was founded in 1991 to create an independent agency to oversee and regulate the non-banking financial services industry. However, the FSB’s role was eventually broadened and increased by several further statutes. The Financial Advisory and Intermediary Services Act (FAIS) increased the FSB’s authority to encompass aspects of market behaviour in the banking industry in September 2004. FSB’s responsibilities FSB performed various functions. These include; Overviewing financial markets in South Africa Regulating collective investment schemes Regulationsread more
As compensation for signing up for the InstaForex broker site, traders receive an InstaForex bonus. The bonus may vary according to the trading amount. This may be between 30 and 100% with a few extra incentives. If you are signing up into InstaForex broker for the first time, you are always interested to know what sort of bonuses are available. The traders will receive InstaForex club bonuses and InstaForex coupon bonuses from time to time. Do you want to know why these bonuses are beneficial for the traders? Let’s highlight a few major benefits for you below: Benefits of Getting InstaForex Bonuses To receive the bonus, one must fund the account. A reward may be sent to you in aread more
Did you know that Exness bonus promotion offers a sign-up bonus with an extra +10% bonus? The news of Exness opening real accounts might appeal to many traders eager to open their own accounts. As soon as the trader registers with the Exness for a real account, it grants a welcome bonus. Generally, welcome bonuses are calculated as a percentage of the net deposit. Net deposit is the difference between the total amount deposited in the trading account and the total amount withdrawn. It should be noted that Exness does not offer any additional deposit bonuses or any benefit on the no-deposit bonus. All traders will be exempt from paying a minimum deposit before they start trading. Even so, Exnessread more
If we talk about one trading form that is ideal for beginners, choosing a swing trader holds paramount importance. It’s a slower-paced trading form that contains a considerable profit potential for new traders. Swing trading is a short trading form in which a trader can hold the trades for either one day or at least one whole week. Swing traders generally follow technical analysis for implementing this strategy to enter or exit from the market. Overview: Swing trading Swing trading is defined as a short-term strategy for traders who sell or buy currencies using technical indicators. With the help of these indicators, a trader can predict future price movements. Swing trading can survive for an unlimited period which can beread more
Forex trading is becoming one of the finest platforms for trading in South Africa, holding a successful career for all enthusiastic traders. However, it is noted that the ratio of unsuccessful forex traders in South Africa is nearly 70 to 80%, and some news resources also give this ratio as 90%. It sounds risky. Yet, there are several success stories of the South African forex traders, who are not exceptional but have only mastered forex trading and are earning at their best and motivating more people to engage themselves in the forex exchange market for trading. After reading their success stories, we gather that comprehensive insight into the best trading hours and the running currencies in the South African Forexread more
The idea that CM Trading offers a 20% welcome bonus to new traders is really enticing, isn’t it? A new trader who registers an account with CM Trading brokerage may qualify for sign-up, deposit, or welcome bonuses. In addition, traders can apply for interacting international debit cards if they deposit more than $1000 and qualify for a deposit of up to $500 or more. To attract more customers or engage in trading, brokers often offer a broker bonus to new trades. The offering of a welcome bonus assures the trades that they will get back some of it from their first deposit. The trading conditions may be quite attractive even if traders do not receive any deposit bonuses or rewards.read more
Is it really possible? Depending on the type of trading you are involved with, one might wonder if Forex is the way to go. What if the majority of traders fail to exploit the Forex? How long does it take for you to enlarge the profits? Is the profit sustainable, or is it inconsistent? These questions linger on the mind of every trader, irrespective of their stature in the Forex industry. South Africa is a developing country that has successfully introduced Forex trading. However, the level of commitment might vary for a single trader. Hard work, perseverance, and lots and lots of positivity help what it takes to ascertain How much do Forex traders make a day in South Africa?read more
If you’ve ever binge-watched Stranger Things or are currently watching Squid Game, you must have heard of Netflix. The streaming service provider has become an integral part of our lives, consuming most of our spare time. Netflix seems like a viable option to invest in, but how can you buy Netflix shares from South Africa? You’ve come to the right place if you’re searching for an answer. In this guide, we’ll break down how you can invest in Netflix stocks from South Africa without breaking a sweat. An overview of Netflix Before we dig deeper, let’s tell you a bit about the company you’re interested in. Netflix Inc., based in California, is a streaming service and a production company. Marcread more
GlobeX360 provides multiple account types, and the minimum deposit depends on the type of account you choose. The Globex360 minimum deposit for all trading account types is $25. However, the expert account has a specific condition, where you must reach a minimum balance of $50,000. Let’s walk you through the GlobeX360 minimum deposit. The minimum deposit on a standard account It is an entry-level account, which requires a minimum deposit of $100. In this account, spreads from 2 pips and leverage up to 1:100. The minimum deposit on a professional account This account features a $300 minimum deposit requirement, spreads starting at 1.6 pips, and leverages up to 1:200 for highly experienced traders that seek a professional edge. The minimumread more