Forex Trading Guide in South Africa

If you seek detailed information on how to trade forex in South Africa, we are here to teach and guide you as a beginner trader into the wonderful world of forex trading.

The reason behind the craze among the people for forex trading is that it is one of the most liquid markets in the world. On average trading, amounts exceed $5 trillion every day in the forex marketplace. In South Africa, trading amounts exceed $80 Billion (approximately R120 Billion Rand) on a daily basis.

In South Africa, there are many trading rules and regulations placed to minimize Forex trading risks. These rules and regulations are placed by the South African Financial Sector Conduct Authority (FSCA) which is formally known as Financial Services Board (FSB). FSCA is responsible for controlling all financial activities in the country. Through FSCA all the Forex brokers …

The forex market is an increasingly diverse investment space, especially in terms of the type of traders who target currencies and the strategies used to achieve a viable profit.

Of course, this has helped to see the market deliver daily trading volumes in excess of $6.6 trillion, while also introducing concepts such as “high” and “low” frequency trading.

But what exactly do these terms mean, and which option is right for you as an investor? Let’s find out!

Defining High and Low-Frequency Trading

 The term “high-frequency trading” (HFT) refers to a largely automated investment vehicle that utilizes powerful computers to transact a large number of orders at incredibly high speeds.

Typically embraced by large investment banks, hedge funds and institutional investors, HFT is popular amongst scalpers and day-traders as it enables users to capitalize on real-time volatility and price fluctuation in the forex (and similar) markets.

By executing millions …