Overview: Trading Forex in South Africa The South African Rand, symbol R (ZAR) is the nation’s currency and ranks 20th by the Bank of International Settlements with respect to daily volume and ...

On the continent of Africa, South Africa stands out as the biggest player in the forex scene, with an estimated 190,000 daily traders and around $2.21 billion per day in trading volume.

Nigerian traders should opt for South African Forex traders because of the many benefits that they can enjoy. These benefits include access to a large and liquid market, tight spreads, and leverage.

K-Y-C to Avoid Money Laundering: KYC documentation is important for Forex trading in South Africa. It is a way to avoid money laundering or financial scams in Africa by unauthorised bodies.

In South Africa’s fast-growing trading community, trust has become a dealbreaker. A recent global survey by international broker Octa revealed that trust-related concerns — including ...

Founded in 2012, FxScouts South Africa was the first site in the FxScouts network of independent Forex broker review sites. From this single South African site founded 13 years ago, FxScouts is ...

A U.S. court has ordered the head of bitcoin (BTC) pool operator Mirror Trading International (MTI) to pay $3.4 billion in restitution and penalties, the country's top commodities watchdog said in ...

TradeForexSA becomes FxScouts tradeforexsa.co.za will become fxscouts.co.za on April 20 2023, fxscouts.co.za will continue to bring transparency to the South African Forex market We are immensely ...