The forex market is intrinsically risky, but it has also allowed many people to become millionaires. Many people may believe Forex traders in South Africa are successful because they are lucky and enter the market at just the right time. Forex is not based on luck, as gambling is more closely associated with chance than Forex. One of the key characteristics of a successful trader is the ability to enter and exit the market at the right time. Traders must have a sound trading strategy that allows them to determine when to enter, the amount of risk for the position, and when to exit from the Forex markets. Forex trading in South Africa requires more than just timing to succeed.read 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.
Forex trading can be a good way to take some of your savings and make them grow, as long as you make the right moves. Like the stock market, trading in the forex market does come with a good amount of risk, so making your trades carefully is key. If you are not careful, you could end up losing most or all of the money that you invest in forex. On the other hand, if you are careful and strategic, and you really take your time to learn how the market works, you might find yourself making some pretty incredible returns on your investment. Sure, it can be a little overwhelming at first, but once you get the hang ofread more
How to Trade with MetaTrade 5 Online trading has gone through tremendous growth over the years. It has also changed how traders interact and pursue different opportunities. New and better trading platforms are gracing the market daily, and traders are open to pursuing many opportunities. You have probably heard or read about MetaTrader 5 (MT5). If not, then you don’t even know where to start and figure out how to trade with MetaTrade 5. The good thing is that there is a lot to learn every day as you pursue your online trading endeavours. This article will look at what MetaTrader 5 is about and how to trade efficiently. Keep reading and learn more. An Overview of MetaTrade 5 MetaTraderread more
To help you find the Best Nasdaq Brokers, we researched them for you. Many metrics are used in financial markets, but the NASDAQ is one of the best known. A component of this index is the NASDAQ-listed publicly traded companies index, which includes the world’s largest companies. Furthermore, this classification includes a wide variety of other businesses. This instrument is also known as the US TECH 100 and the NAS 100. Many forex brokers offer NASDAQ financial instruments with different spreads and features. This article examines the top four NASDAQ brokers in South Africa who offer competitive trading conditions and access to their clients. What is a NASDAQ Broker? There are many stock market indexes available for online trading. The NASDAQ was firstread more
One of the most popular equity indexes in the world is the NASDAQ 100, available at many South African NAS100 brokers. The index measures the global market capitalization of the largest NASDAQ companies. The index includes Google (Alphabet), Facebook (Meta), Amazon, Apple, Tesla, etc. The NAS 100 is also referred to as the US TECH 100. CFD trading with NAS 100 is available in South Africa without actual ownership. NAS 100 is available as a CFD instrument with variable spreads and features through several forex and CFD brokers in South Africa. Through CFDs on various trading instruments, South African traders can trade on the US Tech 100 stock index and go long or short. Our list includes the best-regulated brokersread more
Have you heard the news that Veracity Markets was closed by the FSCA? How does the Veracity Markets‘ shutdown affect its customers? Under the Financial Sector Conduct Authority (FSCA) investigation, Veracity Markets, a South African broker, has ceased all its operations effective from July 01 2022. Traders currently using this broker are also affected by the unexpected unfolding of events as it raises questions about the broker’s actions. Next, we need to ask why? Why was the broker suspended? Read on to find the answers to all your questions. Veracity Markets closed- another scam broker exposed! The misconduct of brokers directly affects traders since they mess with their hard-earned money. When looking for a broker, it is best to conductread more
Few things are scarier to investors than the term “bear market”. Bear markets are characterised by a minimum 20% loss from recent market highs and are often associated with a recession. While people usually hold back on investments during that period, bear markets can be rife with opportunities for investors, and if you know where and how to invest, there’s a good chance that you’ll make it out the other side with a profit. Here are a few tips for making money in a bear market and how to handle a Bear Market. Try Forex Investing If you haven’t tried the Forex yet, then bear markets are a great time to try. Money always moves no matter if it’s aread more
In the last 15 years, the forex market has changed dramatically. Since the barriers that were used to keep people out have been taken down, this kind of trading is no longer just for the rich or big institutions. AvatradeGo is an app for an online trading platform that lets you trade from the comfort of your home. The only requirements are having an internet connection and making a small deposit so that you can begin trading. A trading platform will be needed to gain direct access. A good broker will offer you a variety of trading platforms. As with AvaTrade, the Web-based platform may come with a desktop version that you can download and a mobile app. As wellread more
The company’s stock code is KP2, and its ASX and JSE symbols are KP2 and KP2, respectively. Kore Potash’s share price last closed at 1.20p, and the price had moved by +6.67% over the past 365 days. In terms of relative price strength, the Kore Potash share price has outperformed the FTSE All-Share Index by +4.4% over the past year. The company has its roots in England and Wales and lists on AIM, a market operated by the London Stock Exchange, the Australian Securities Exchange (ASX), and the Johannesburg Stock Exchange (JSE). Let’s find out the future prospects of Kore Potash stock projects. What is Kore Potash? The company resides in the United Kingdom, and it trades on three stockread more
Are you interested in knowing about GER30 trading hours in South Africa? Are you planning to invest in this stock market? The Deutsche Aktienindex (DAX) is also known as GER30 or DAX 30. It measures the overall performance of Prime Standard 30, which includes the 40 most significant and most liquid South African companies. Many analysts see it as a yardstick for measuring Germany’s economy. The DAX (GER 30) acts as the stock index, which the FSE introduced in 1988, with a reference price set at 1000 in 1987. GER 30 was inherited initially from the South African stock index, consisting of 30 companies out of the best South African companies. All 30 companies are listed on the Frankfurt Stockread more