Top 5 Forex Traders in South Africa
Top 5 Forex Traders in South Africa. Forex trading in South Africa is 100% legal when trading with a regulated and licensed broker. It is regulated by the Financial Sector Conduct Authority, a financial and securities governing body. South Africa has proven to be one of the best places for traders to start and have a successful trading career.
The following traders are among those who are living large, thanks to knowing how the game operates. Some of them though have had a brush with the law, but they always manage to bounce back and continue trading.
Nelisiwe Masango
Nelisiwe Masango is a well-known name in many forex circles as a young entrepreneur and an award-winning forex trader. She is the CEO of the Forex trading company, Ubuntu Invest and Bear Run investments, a training company that aims to help underprivileged communities access financial programs and packages that are both affordable and that can stimulate and maintain financial growth. Masango has won multiple awards, including the prestigious Frost & Sullivan African Growth Innovation & Leadership Award, alongside the founder and CEO of Discovery, Adrian Gore.
Sandile Shezi
Sandile Shezi is one of the richest forex traders in South Africa in addition to being a strategically successful and sound forex trader. Sandile’s story has humble beginnings in a rural community while he was still attending school. According to several online sources, his net worth is estimated to be around $2.3 million and he considers himself as the youngest richest man in South Africa. Sandile is the owner of Global Forex Institute, where he aims to provide young South African entrepreneurs with fundamental knowledge and understanding of forex trading in South Africa.
Ref Wayne
Ref Wayne is considered the best and most successful trader in South Africa. He has developed the trading skills that he could transfer into the business after he was suffering from a lack of career development opportunities growing up. This became his main driving force to put a lot of effort into trading and he became a multimillionaire, joining the ranks of top 10 forex traders in South Africa at just 22 years old. He created the first South African cryptocurrency namely Pip Coin. In addition, he is also the founder of the African Forex Institute, and he often releases free forex trading lessons to those in rural communities.
George van der Riet
George van der Riet is a successful South African trader and one of Sandile Shezi’s top mentors. Through his years spent in the United Kingdom, he worked in financial institutes such as banks and the Forex industry, and it is these experiences that helped him to become a successful professional in the industry. Currently, Van Der Riet is leading the Global Forex Institute and aims to help young people in South Africa to get more knowledge about the financial markets.
Jabulani Ngcobo
Jabulani Ngcobo was born in 1985 is currently one of the richest Forex traders in South Africa to date. Also known as Cashflow, Jabulani is a mature player in the local forex market and one of the earliest successful traders who made a name for himself in the financial markets. He is a self-made millionaire and the author of Cashflow Naked, a biography and a lesson of financial education. Today, he is an active motivational speaker, and he manages CashFlow Pro that has helped many students achieve their goals in the forex market, amidst other financial markets.
