forex

  1. K

    Best bank to handle FOREX incoming payments

    Greetings all I am currently working a contract overseas and send money home every 2 weeks. For the past 5 months, only once did money reach SA through FNB without a struggle. Every 2 weeks, I need to make the same complaint, ask the same questions, show them the same errors and nobody seems...
  3. BBC

    Forex Trading - Beginners

    So I want to start Forex trading I know the risks involved so let's save that discussion for somewhere else. I will not be trading large sums of money, I'm thinking of starting small ($50) and try to build up equity ($1500) from there I will only use what ever profit I make for new trades...
  4. N

    "Best" or most "creative" way to convert ZAR to GBP?

    Hey everyone, Im 21 and going overseas tomorrow night to visit family in the UK. I want to convert some Rands to GBP. Whats the best way to approach it? I bank with FNB and Capitec. I heard that forex businesses at the airport are super expensive and there are allegedly cheaper ways I could try?
  5. Forex Social

    Local Trading Community

    Hi MYBROADBAND Forum Users ! , We have recently launched a Local Trading Community Platform that allows you to connect with traders, share ideas & discuss different market strategies while also giving you the opportunity to share your stories of your own journey so that others are able to...
  6. C

    Told that if I want to withdraw from Paypal, I have no option but to open an FNB current account

    Hey everyone - I used to be with FNB way back in the day. I then ditched them and moved to Capitec. I work as a freelancer on Upwork, and I'm trying to withdraw funds from Paypal to my Capitec account. Normally, one would just create an online banking profile with FNB and then use that to...
  7. Scooby_Doo

    Recommended Forex Broker

    Howdy, I want to move a large sum into USD for transfer into my Interactive Brokers account, what would be the best/easiest/cheapest method to get this done. The investment challenge rates RandSwiss. Thoughts?
  8. Gravedigger

    Quicktrade

    Anyone heard of Quicktrade? Someone I knew has been recently employed by them, and for training, used me as their lab rat to ask questions, present me with numbers, etc. They want to sell to me that I should begin trading on my own, on their platform, linked to my bank account. Provided the...
  9. callvm

    Recommended forex broker?

    I'm looking to reduce my exposure in SA without actually having to move my assets out of the country. I'd like to take positions in foreign currency to hedge against some of my other trading activities. Can anyone recommend a decent forex broker with low fees and tight spreads? I've Googled but...
  10. callvm

    Best bank for fast international payments?

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  11. R

    IQ Option IB Programme

    Hi All! Through this pandemic, we all need an extra income to supplement our existing streams. Have you taken a look at IQ Option IB Programme? Awesome benefits and commission awaits you! Become an Introducing broker and maximize your income potential with up to 45% commission in revenue...
  12. Rharia

    Cryptocurrency and forex with the same broker. AAFX Trading reviews in this light

    From what I see, a lot of people here trade cryptocurrencies with either Binance or similar cryptobroker. But I'd like to have more assets to trade: fiat currencies, indices, etc. I have algoruthmic strategy in mind and AAFX broker as one of the candidates, cause they offer nice leverage and...
  13. J

    FNB Foreign Currency Account (non-resident)

    Hello, I intend to open a Foreign Currency Account (FCA) for non-residents since I found out that I am not eligible for the Global Account. Does any one have any experience with this account? From what I see, there is no online banking for this account and any transactions would need to be...
  14. carstensdj

    Local Forex Trading Platform to choose?

    Hey Forumites. I'll keep it short and simple... I'm looking at getting back into Forex and Commodity trading again. Please can you guys recommend a decent platform/broker to use, here in South Africa? Something that can work via MT4 would be nice. I'd also prefer to use a platform that supports...
  15. A

    International forex advice

    What's the best and most cost effective payment method during overseas travel? The capitec card seems to be the cheapest when it comes to exchange rates and extra fees on foreign purchases. Would a capitec credit/debit card be a better option than taking a prepaid forex card? Will there be...
  16. T

    Forex broker in South Africa

    Good day, I would like to find out from South African forex,commodities and crypto traders, which brokers do you use and recommend for South Africans that have reasonable spreads etc etc?
  17. JerryMungo

    Binance to introduce FIAT trading pairs!

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  18. K

    Paypal transfer/withdrawal fee to FNB acc

    Good morning, I've done freelance work for a few years for an overseas company and they have paid me via forex which has worked out well until now. However, last month the charges on the amount were over R350 which is about R200 more than it's been before. I decided to open a paypal...
  19. S

    Forex Broker

    Friendly Broker Hello Friends, For those trading currencies, what broker are you currently with? Currently with IG and having problems :sick: Thanks.
  20. B

    Copy Trades - Forex Trading

    What is copy trading actually? It can be simply explained as copy/paste option. Traders in South Africa have option to follow traders and according to settings available on trading platform, directly copy trades. Since many experienced traders place successful traders, then question rises...
  21. P

    Forex - is my bank milking me?

    I recently received a cheque in USD from the US. When I deposited it at my bank, I was told that I will be phoned in 6-8 weeks and given a quote on the resultant Rands I will receive. And it sounds like I won't have an option but to accept. The way I read this is that the bank will collect the...
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