Forex trading is becoming an increasingly popular form of making money for many South Africans. More than $4 trillion are traded daily in this market. This just goes to show why more people are considering this as a worthwhile way of making extra money.
South African banking institutions have stepped up noticeably over the past few years to provide suitable platforms for online trading. One of these institutions is Standard Bank, which offers a collateralised Foreign Exchange trading Platform for Retail Investors.
This is a secure, internet-based currency trading platform that is available 24 hours a day, 6 days a week.
Tell me more about the Standard FX Trader?
- This forex trading platform uses leading-edge technology developed by a global leader.
- 48 currency pairs are offered.
- 2 leveraged account types are offered: mini and standard.
- Standard Bank offers individuals a risk free, no obligation, free practice account, which can be opened here: standardbank.co.za/standardfxtrader
If you would like to start trading forex using the Standard FX Trader, contact Standard Bank by calling 0800 776 839 or 011 378 7768
Forex trading tips:
Before you start trading forex, consider the risk and your financial objectives as well as your experience.
Do your research. Read books about forex trading and network to learn as much as possible about forex trading.
Find a reputable broker or use a reliable, trusted trading platform like Standard FX Trader.
Be realistic about how much you’re willing to risk and how much effort you’re willing to put in.
Don’t lose sight of your original plan. Trading can be exciting and fun, but it’s vital to make sure that you keep sight of your original trading plan and keep a cool head.
The Standard FX Trader is the ideal foreign exchange trading platform for individuals looking for a secure and simple trading platform.