Top 10 Richest Forex Traders In South Africa

He also wrote a biographical lesson in the field of financial education known as Cash flow Naked. Louis Tshakoane, the founder of Undercover Billionaires, is a successful forex trader and entrepreneur. His wealth comes from his proficiency in trading and his entrepreneurial ventures. Tshakoane is dedicated to helping others achieve financial independence through his educational platforms and motivational speaking. Starting his trading career at the age of 14, Benjamin has built a considerable fortune through disciplined trading practices and technical analysis. He is sasol gas supply passionate about educating others, sharing his knowledge through his academy.

Louis Jr. Tshakoane

Foreign exchange (Forex) trading has gained popularity in South Africa over the past few years. With a growing number of people seeking financial independence and an interest in online trading, Forex trading has become a lucrative source of income for many. In this article, we will be discussing the top 10 richest Forex traders in South Africa. At this point, I think I don’t even need to explain to you who George Soros is.

Shaun Benjamin

Every single one of them was risking something when investing, especially when they were depending on those funds. For example, Sandile would have lost his chance at an education and Urs would have gone dirt poor if he lost those investments. It’s important to understand that becoming a Top https://fnb.co.za/ Forex trader in South Africa, and all over the world, comes with great risk. However, you don’t necessarily need to risk your livelihood to get ahead. Keep them on a manageable level, always have a backup plan and go at it without a second thought.

Successful Forex Traders

• The dynamic world of forex trading has captivated individuals worldwide, offering the potential for substantial financial gains.
• Instead of becoming discouraged by a defeat, they examine what went wrong, make necessary improvements to their approach, and go on with renewed vigor.
• Trading successfully requires a well-thought-out strategy, as well as the patience to put it into action.
• Starting his trading career at the age of 14, Benjamin has built a considerable fortune through disciplined trading practices and technical analysis.

However, compared to everyone else on the list, Krieger was able to achieve his success in just a few years, a lot faster than his peers. Right after graduating he joined the Salomon Brothers and then quickly moved to the Bankers Trust company. Thanks to his performance in the Bankers Trust company, he was able to accumulate quite a large following as well as a great reputation of a savvy and smart businessman. After much success, the company couldn’t ignore Krieger and https://www.psg.co.za/ increased his standard $50 million trading capital to $700 million, which used to be unheard of.

Jabulani Ngcobo

Soon enough the man was known as one of the richest Forex traders in South Africa. After all the success, George decided that it was time to return home, where he was received with open arms. Although there were more than enough job offers to go around in Cape Town, sasol mining George, with his now impressive entrepreneurial skills, decided to strike out on his own once again. Today, George van der riet net worth is estimated to be around $20 million. George Van Der Riet is a seasoned forex trader and the co-founder of the Global Forex Institute alongside Sandile Shezi.

Sandile Hlongwane

His rise represents what successful Forex trading is all about, whereas education and mentorship could lead one to financial success. The forex market is the largest and most liquid financial market in the world, with a daily trading volume exceeding $6 trillion. South Africa plays a significant role in the global forex ecosystem, attracting both retail and institutional traders. The country’s financial hub, Johannesburg, is home to numerous forex brokers and financial institutions that facilitate currency trading.