Forex Trading Success Stories in South Africa

Successful Forex Traders in SA


The Best Forex Traders in South Africa
are also some of the best and richest in the world.  Motivational and Educational – A must-read overview of the
8 most successful Forex Traders in South Africa, to date.

👇 Traders 📣 Successes
🥇 George Van Der Riet Leader of the Global Forex Institute.
🥈 Ref Wayne Created the first South African cryptocurrency named Pip Coin.
🥉 Jabulani Ngcobo Author of Cashflow Naked.
Louis Tshakoane Founder and president of Undercover Millionaire’s Currency.
Shaun Benjamin Founder of the Benjamin Forex Academy.
Nelisiwe Masango CEO of Ubuntu Invest.
Paballo Nkwe Co-owner of iSelect Wealth.
Danielle Lester Co-owner of iSelect Wealth.

8 Most Succesful Forex Traders in South Africa – A Quick Overview.

  1. ☑️ George Van Der Riet
  2. ☑️ Ref Wayne
  3. ☑️ Jabulani Ngcobo
  4. Louis Tshakoane
  5. Shaun Benjamin
  6. Nelisiwe Masango
  7. Paballo Nkwe
  8. Danielle Lester


George Van Der Riet

George van der riet instagram


George Van Der Riet
steadily learned about the market before making his first investments. Van Der Riet was born and raised in Cape Town and furthered his studies in Manchester where he studied Finances. 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 forex industry.

Currently, George Van Der Riet is leading
the Global Forex Institute
together with
Sandile Shezi
and they both aim to help young people in South Africa to get more knowledge about the financial markets.

George vd Riet


Ref Wayne

Ref Wayne Instagram


Ref Wayne
is the best and
most successful Forex trader in South Africa. Ref Wayne 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 when he was only 22 years old.

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Ref Wayne has created the first
South African cryptocurrency named Pip Coin and is an entrepreneur that puts a lot into providing proper financial education to the South African population. Ref Wayne has created the African Forex Institute and released some free Forex lessons for the community.

Ref Wayne


Jabulani Ngcobo

Jabulani Ngcobo Instagram

Jabulani Ngcobo was born in 1985 is currently one of the richest Forex traders in South Africa to date.  Jabulani Ngcobo is a self-made millionaire and the author ofCashflow Naked
,
a biography and a lesson of financial education.


Jabulani Ngcobo’s net worth is estimated at $2.4 billion.

Jabulani Ngcobo Instagram


Louis Tshakoane

Louis Tshakoane Top Instagram


Louis Tshakoane
is a young millionaire based in South Africa and the founder and president of
Undercover Millionaire’s Currency. Louis Tshakoane’s goal was to create a network base for business people to communicate ideas and strategies, giving back to the community.

World-renowned Prophetic Forex Trader
Louis Jr Tshakoane
has officially crossed R2+ Million in revenue and sales from his latest book Forex Millionaire in 365 Days by God’s Grace. The book has sold well thanks to his massive loyal African following gathered over the past 5 years and has 2000+ pre-ordered copies sold online.

Louis Tshakoane has over 1 million social media followers on Facebook and Instagram and he has also started a free prophetic forex signals telegram channel with over 5000 subscribers, providing forex signals for free to those who can’t afford to pay for the expensive premium signals on the market.

Louis JR Tshakoane


Shaun Benjamin

Shaun Benjamin Instagram


Shaun Benjamin
has earned his first million Rand at 21 years of age and studied engineering after graduating from Newcastle High School back in 2012. Due to circumstances he was led to start trading FOREX, and he ended up quitting his job after raising enough funds to found
the Benjamin Forex Academy.

23-year-old Shaun Benjamin is not only the founder and CEO of Benjamin Forex Academy but also the director of the
Benjamin Investment Group (Pty) Ltd, a qualified miner, property investor, and entrepreneur.

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He matriculated from Newcastle High School in 2012 and was accepted to study engineering, but had to abandon his studies because of a lack of finances.

Shaun Benjamin secured leadership through Khethekile Mining in Newcastle and obtained a National Certificate in underground coal blasting operations.  He started trading Forex. Shaun Benjamin eventually quit his job when he had saved enough money, and founded Benjamin Forex Academy to teach others the skills he had acquired.

Benjamin Forex Academy is the only non-profit training center in South Africa, aiming to help others attain financial freedom and to curb unemployment.

Shaun Benjamin


Nelisiwe Masango

Neliswe Masango Instagram


Nelisiwe Masango
is the CEO of the Forex trading company – Ubuntu Invest.  In her younger years, Nelisiwe was planning on becoming a neurosurgeon but she developed a love for finances and investment instead.
Nelisiwe Masango
has won multiple awards, including the prestigious Frost & Sullivan African Growth Innovation & Leadership Award, alongside the founder and CEO of Discovery, Adrian Gore.

Nelisiwi has made it her personal mission to help educate people in financial freedom and wealth generation.

Nelisiwe Masango 1


Paballo Nkwe and Danielle Lester

iSelect Wealth


Paballo Nkwe and Danielle Lester
is a powerful female duo and game-changers for the Forex industry in South Africa. Paballo Nkwe and Danielle Lester are both in their 20s and own a company together –
iSelect Wealth.

Paballo Nkwe and Danielle Lester mentor individuals, start-ups, South Africa forex traders, and companies and have created models and platforms by using technologies and financial intelligence, and these platforms and models can be used by anyone.

Paballo and Danielle have an incubation program, where they visit women in South African Universities to teach them about finances and help them develop financial intelligence, and teach Forex trading and ways to make future investments.

iSelect Wealth Instagram

Conclusion

Overall,
the 8 Best Forex Traders in South Africa
is a great example of the popularity of Forex trading.

The country represents one of the best places for traders to start and have a successful trading career.

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Frequently Asked Questions

How much do successful traders in South Africa make per day?

There are many successful South African forex traders who make between $1000-$5000 per day (R 15 000 – R 75 000 ZAR) at the current exchange rate at the time of writing; however it is recorded that the average trader in South Africa makes about $50 / R 433 ZAR a day.

Will I have to pay tax on my forex earnings in South Africa?

Yes, forex earnings is subject to tax in South Africa and it includes profits generated from offshore forex trading accounts.


How do I become a successful trader?

Some basic steps incl:
Familiarize yourself with the Forex “lingo”,

Do your homework before selecting a broker and select the one that best suit your needs,

Learn as much as you can about the world economy,

Practice, practice and practice with demo account before trading with a real live account.


Who are the most successful traders in South Africa?

The most successful traders in South Africa are:

  1. ☑️ George Van Der Riet
  2. ☑️ Ref Wayne
  3. ☑️ Jabulani Ngcobo
  4. Louis Tshakoane
  5. Shaun Benjamin
  6. Nelisiwe Masango
  7. Paballo Nkwe
  8. Danielle Lester


Can you become rich with forex trading?

Yes, you can become rich by trading Forex. However, it is also well-known that about 90-95% of traders lose money.

Forex Trading Success Stories in South Africa

Source: https://sashares.co.za/successful-forex-traders/

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