Sell Mandela Coins [2008 MANDELA 90th BIRTHDAY]

 

Several of the Mandela 90th Birthday proof 70’s have sold for R275 000. The rare 90th birthday Mandela proof and mint state coins are expected to show blistering financial performance in 2014 tax free. The first year after the death of the great Nelson Mandela. These are the rare R5 Mandela coins that are in the greatest demand from the South African and international public.

Sell it here and now

The proof versions of these coins are the most beautiful South African coins ever manufactured, they are breath-taking. The proof versions are also by number of only 5 000 minted with the exception of the finest known rare R5 Mandela coins the most rare Mandela coins of the entire series. We are projecting that proof 70 birthday Mandela coins will sell for R450 000 at the end of the year around R1 million by the end of 2017. The proof 69 birthday Mandela coins are expected to be selling at R65 000 by the end of 2016 and R110 000 at the end of 2017.

S A COIN is the largest rare coin company in South Africa. They have been in business for around 25 years. In that time they have developed the market for South African rare coins from a small sized cottage industry market to being valued at over R1.1 billion rand. They took South Africa’s rarest coin the single 9 from a value of R600 000 in 1996 to a value and sale of R4 650 000 through S A COIN in 1998. Today the Single 9 is valued at R50 million rand

each other but all with the same purpose, to keep the coin industry alive and thriving. Our sales staff and experienced consultants have received excellent training in the industry and continue to receive on-going training as the market evolves. One of our senior staff members has held top management positions in the coin industry for the past 30 years. This coupled with the Accounting experience of an International Corporate accountant give us a strong accounting and administrative background. We offer a well-balanced, rounded company to benefit our customers in this incredible field of coin investments and rare coin.

Sell it right now

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Luno or Paxful? First time Users to Bitcoin trading in South Africa

When the first cryptocurrency, Bitcoin, was launched in 2008, it was thought of as a novelty. Ten years later, the total value of all Bitcoin hit the $1.2 Trillion mark in January 2018.

The cryptocurrency craze has not been limited to Europe, North America and other ‘developed’ countries; Africa has also been hit by the Bitcoin bug. To buy, sell or trade in Bitcoin, a person needs the services of a cryptocurrency exchange platform. Two of the more popular ones within the South African market (and globally) are Luno and Paxful.

This guide will provide an overview of the South African cryptocurrency market and an objective comparative analysis of the two leading cryptocurrency exchange platforms.

The South African Bitcoin Market

With Bitcoin gaining acceptance as a mainstream option in global commerce, numerous startups have mushroomed all over Africa to facilitate the trading of Bitcoin (and other cryptocurrencies) as well to leverage the underlying blockchain technology. As the second largest economy in Africa, and arguably the most tech-savvy country in the continent, South Africa has been at the forefront of Africa’s burgeoning Bitcoin market (read this extensive SA market guide about bitcoin to ZAR).

The decentralized Bitcoin model has been popular in Africa, and other developing nations, since it addresses deficiencies in the existing economic structures. The peer to peer cryptocurrency model allows people to deal with each other directly, without any ‘middleman’ in the form of banks or government regulation.

The Bitcoin price surge in 2017 also made it an attractive investment option which attracted thousands of South Africans. Bitcoin’s popularity in South Africa has also been influenced by the hassle-free option it offers South Africans abroad who want to remit funds back home to their families.

It was therefore not surprising that South Africa was the location for the continent’s first cryptocurrency ATM. Hundreds of local vendors accept Bitcoin as a payment option and numerous individuals are either mining or trading in cryptocurrencies.

Luno: A brief overview

Luno is an international cryptocurrency exchange platform that was founded in 2013. Its first headquarters were located in Singapore before being relocated to London. The company runs its operational hub from Cape Town, with main hubs located in London, Singapore and Johannesburg. The company’s international credentials are outlined by the more than 2 million clients they serve in 40 countries.

What makes Luno stand out of the (increasingly crowded) crypto marketplace is its focus towards developing and middle-income countries. Nigeria, South Africa, Malaysia and Indonesia are some of the markets that Luno operates in, in addition to 36 European countries. The service does not cover Australia, North America or South America.

The fiat (traditional) currencies that clients can use to purchase Bitcoin on the Luno platform are the Euro, the South African Rand, the Malaysian Ringgit, the Indonesian Rupiah and the Nigerian Naira. The cryptocurrencies on offer are Bitcoin and Ethereum.

Luno offers three main services:

The Luno Trading Platform: Here, registered users can trade cryptocurrency with each other, with the company charging a commission on all sales.

The Luno Brokerage service: Users can engage with the instant buy or sell feature. This feature allows you to instantly buy cryptocurrency at a quoted exchange rate which includes a fee. The fee percentage varies depending on market conditions.

The cryptocurrency e-wallet: Luno provides a crypto wallet that its users can use to trade in cryptocurrency or to send and receive cryptocurrency payments. The Luno e-wallet can be accessed on Android and iOS mobile devices and via the website.

Luno accepts payments through a handful of payment methods such as credit/debit cards, bank transfer and local payment methods in the countries it serves. There are three tiers of verification: phone, ID and proof of residence with limits placed depending on your location.

Read more: Extensive Luno Guide

Paxful: A brief overview

Paxful is an American based international Bitcoin exchange platform. It gained notoriety when it began processing payments for sex workers on the (now defunct) backpage website. It has a global coverage that only excludes the state of New York and only trades in Bitcoin.

There are two main services offered by Paxful, the trading platform for users to trade Bitcoin with each other and the Paxful Bitcoin wallet that stores Bitcoin and allows users to trade, make and receive Bitcoin payments.

One of the factors that make Paxful unique is the number of payment methods that it supports. Not only does it support mainstream payment options such as PayPal, Skrill, and debit/credit cards; it also accepts payments via western union and even gift cards from major retailers such as Amazon. In fact, Paxful accepts more than 300 payment methods from all over the world!

There is, however, a premium that is charged on more unorthodox payment methods and more obscure fiat currencies. When using gift cards or currencies from smaller nations, the sellers might charge a higher commission to facilitate the transaction.

Paxful also runs an escrow service to protect its users. When two users agree on a trade, Paxful will hold onto the buyer’s money until s/he confirms that they have received the agreed upon Bitcoin value. To facilitate this system, Paxful charges a standard fee of 0.0008 Bitcoin for every transaction as well as a 1% commission on the value of the trade.

An important caveat when dealing with users on the Paxful trading platform is that you need to be careful of scammers. Thanks to the less stringent verification process for Paxful users (since the company believes in upholding the privacy of users); scammers try to ‘lure’ buyers to circumvent the escrow protection system.

Read more: Extensive Paxful guide

Luno vs. Paxful: A comparative analysis

While sharing some similarities, there are significant differences between Luno and Paxful that may appeal (or distance) certain users.

Services offered
Both Luno and Paxful offer a trading platform and an e-wallet option. The main difference comes from the brokerage service that Luno offers. Paxful does not have a similar service; all trades are between users, not between a user and the company. This can be challenging for clients who want to make an instant cryptocurrency purchase or sale, and don’t want to be involved in the lengthy process of negotiating on the trading platform.

Coverage
In terms of coverage, Paxful is the outright winner. While Luno’s coverage only includes 40 countries within Europe, Asia and Africa; Paxful has a truly global coverage with the state of New York being the only exception. While South Africans are covered by both services, Luno locks them out of trade opportunities offered by users from other regions. If you are a South African that travels often outside the Luno coverage areas, then your cryptocurrency trading will be affected.

Cryptocurrencies offered
Luno wins in this category since it offers two cryptocurrencies: Bitcoin and Ethereum. Paxful only deals with Bitcoin. Since Bitcoin is (by far) the most popular cryptocurrency, this should not be a problem for most users. However, seasoned cryptocurrency enthusiasts who want to dabble in more than one cryptocurrency will find it hard to work with Paxful.

Supported Currencies and Payment methods
This is another domain where Paxful has a significant advantage. Apart from the Euro, Luno only accepts currency from Nigeria, Indonesia, South Africa and Malaysia. It also supports only a handful of payment methods, primarily bank transfer and debit/credit cards. Paxful, on the other hand, supports ALL global currencies, as long as you find a user that is willing to accept it during a trade. With more than 300 supported payment methods, that include big store gift cards, it is easier to find a payment method NOT supported by Paxful.

Transaction Limits
Depending on your location, Luno offers limits based on your verification level. As you get a higher verification status (phone – ID – proof of residence) your limits are increased. On Paxful, the only limits are those placed by the payment service that you use. If you intend to trade large volumes on a regular basis, the limits imposed by Luno can be restrictive.

Fees
The fees charged by Luno are complicated. They all depend on your location and the type of payment methods selected. In South Africa, deposits made via EFT are free, and withdrawals cost just R8,50 regardless of the amount. Trade fees range from 0,50% to 1,00% for market takers and are free for makers. The consensus seems to be that they are slightly higher than those offered by competitors. Paxful, on the other hand, has a standard 0.008BTC fee on all transaction in addition to a 1% commission of the trade value. This is much simpler, and probably cheaper than Luno’s fees.

Conclusion

From the information provided, it is clear that Luno is the better service for people who are getting into cryptocurrency trading, while Paxful is ideal for those with a bit more experience.
The Luno brokerage service is perfect for anyone that does not want to engage in the ‘open market’ scenario offered by the exchange platform. You can simply buy or offload your Bitcoin (or Ethereum) based on the prices offered.

The global coverage and multiple payment options (and supported currencies) offered by Paxful appeal to seasoned Bitcoin traders. You can make trades with people from all over the world which makes the Paxful exchange more competitive. With no trading limits, you can also trade higher volumes on a daily basis.

With both Paxful and Luno serving the South African market, you can use either (or both) depending on your specific needs.

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Wanted South African Coins Pays up to R20 000

Do you know the value of your old South African Coins? There are companies waiting to buy these vintage coins for up to R20 000.

UNION Coins – 1923-1960

These coins vary in silver content. Coins minted 1923-1950 will have a higher value than coins minted 1951-1960.
3d (tickey) only the 1931 3d has high value. 6d – 1 shilling – 2 shilling – 2 ½ shilling – 5 shilling

NB: (All the above coins minted from 1965 onward have no silver value, they are made from nickel.)

R1 coins dated 1965-1976.

From 1970-1976 – R1- coins only issued in collectors sets and are worth bullion value.
An easy way to check if your R1 coins are silver is by using a magnet, a fridge magnet will do. If the R1 coins stick to the magnet it is not silver and only worth face value.
I will also buy the silver commemorative series.

Download The List in Pdf

Places to sell these coins

Kenwigs Coins & Medals

Suite 8, First Floor,
Medical Suites,
Thrupps Illovo Centre
204 Oxford Road,
Illovo,
Sandton 2198

Telephone: 011-327-6388
Cell: 079-399-8987 (WhatsApp)
Email: info@kenwigs.co.za
Hours: 10:00am to 4:00pm

We asked who’s head is on South Africa’s 1966 50C coin.

And the answer is Jan Van Riebeeck

Sources:numista.com, Kenwigs.co.za

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Learn to trade FX Online and Make Profit

Online FX Trading

Foreign Exchange trading, also known as Forex or FX trading, has gained enormous popularity in recent years among layman individuals due to the growth of online brokers and the technological development of online trading platforms. With high liquidity, non-stop opening hours 5 days a week, and great opportunities, it is no wonder that the forex market is the world’s most traded market with a daily trading volume of $5 trillion USD.

Why Trade Forex with AvaTrade?

  • Trade with confidence – AvaTrade is an internationally regulated broker.
  • 50+ currency pairs – Trade major, minor and exotic pairs.
  • Competitive Spreads – Starting at just 0.8 pips.
  • Powerful Platforms – Manage your trade manual or use automated trading.
  • Leveraged Trading – Up to 400:1 leverage on currency pairs.
  • Master your trading skills – High quality educational materials & daily market analysis.
  • Best in class customer service – 24/5 multi-lingual live support.

What is FX Trading?

The Basic Concept

When trading Forex, you are buying one currency by using another. Therefore, the FX trader is trading currency pairs and not each currency individually. Take for example the EURUSD, when buying the pair – it means you are buying EUR using (selling) USD. When selling the pair – it means you are buying USD using (selling) EUR.

Forex Rates

The pairing of the currencies is presented as a rate, which reflects the ratio between the values of the two currencies. For instance, the rate for buying the pair GBPUSD is 1.50514, i.e. £1 GBP = $1.50514 USD.

Forex Pairs Groups

The Forex pairs are divided into three main groups – majors, minors and exotic pairs. The main difference between the pairs is their liquidity which is a result of the trading volume of these pair. E.g., the major currency pairs are the most traded pairs and each include the USD and another currency, while the most traded minor pairs include one of the three major non-USD currencies (The Euro, the UK Pound and the Japanese Yen).

To learn more about Forex trading we recommend to visit our education section, where you can find our Sharp Trader, trading video tutorials and more.

How to trade FX with AvaTrade

Forex Trading Platforms

AvaTrade offers a selection of trading platforms, for both automated and manual trading, with unique features and tools to optimize your trading experience. Whether you are interested to trade on your own, or copy the trades of others, our selection caters to all traders, where you are sure to find the one for you. We also offer the option to open a demo account on each platform, where you can practice trading on your platform of choice and master your trading skills, before you start trading in the real market with your own money.

Leveraged Trading

The ability to hold larger trading positions than what one’s own capital allows is enabled through leverage given by the broker. At AvaTrade, traders can enjoy up to 400:1 leverage on most forex pairs. This means that a trader needs only 0.25% of a position size in order to open a position.

For example, if the EURUSD pair is traded at a buying price of 1.1123. To open a position of 100,000 units of the instrument, a trader needs €111,230 Euro, or $123,721.12 USD. However, thanks to leveraged trading, the trader will need only 0.25% of this position, i.e. €278.07 Euro, or $309.30 USD. The ability to leverage one’s position is a great advantage which can magnify a trader’s profits. However, one should always have in mind that losses can be magnified as well.

How to Calculate the Cost of a Forex Trading Position?

When a trader opens a position at AvaTrade, he is not charged any other commissions beside the spread. The spread is the difference between the buy and sell price which is counted in pips – the fourth digit after the dot. For example if the buy price of EURUSD is 1.1123 and the sell price is 1.1120, then the spread is 3 pips. The spread charged for a position opened by a trader is the spread multiplied by the size of the position.

AvaTrade’s clients can choose between trading forex with fixed spread versus trading with floating spreads, which are flexible and changing. AvaTrade offers spreads from as low as 0.8 pips.

Range of Markets

AvaTrade provides its traders with the ability to trade over +50 Forex pairs, including all the major currency pairs, minors and exotics. Trading Bitcoin and other digital currencies is also available to AvaTrade’s clients.

For more information regarding leverage and spreads for all FX pairs offered by AvaTrade, please take a look at our trading Trading Conditions &
Charges
.

Start Trading Forex with AvaTrade

AvaTrade delivers top-notch online forex trading experience. Open your account now to enjoy yours, or try our risk-free demo account.

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Forex Trading: The Ultimate Beginner’s Guide

Forex is short for foreign exchange, but the actual asset class we are referring to is currencies. Foreign exchange is the act of changing one country’s currency into another country’s currency for a variety of reasons, usually for tourism or commerce. Due to the fact that business is global, there is a need to transact with other countries in their own particular currency.

After the accord at Bretton Woods in 1971, when currencies were allowed to float freely against one another, the values of individual currencies have varied, which has given rise to the need for foreign exchange services. This service has been taken up by commercial and investment banks on behalf of their clients, but it has simultaneously provided a speculative environment for trading one currency against another using the internet.

 [ While forex trading is largely carried out by larger financial institutions, it is also an excellent trading opportunity for individual investors. With very low commissions and fees, forex trading is accessible for all investors and presents both short and long term trading opportunities. If you’re interested in learning how to start trading on the forex market, check out Investopedia Academy’s Forex Trading for Beginners course. ]

Forex as a Hedge

Commercial enterprises doing business in foreign countries are at risk due to fluctuations in the currency value when they have to buy or sell goods or services to another country. Hence, the foreign exchange markets provide a way to hedge the risk by fixing a rate at which the transaction will be concluded at some time in the future.

To accomplish this, a trader can buy or sell currencies in the forward or swap markets, at which time the bank will lock in a rate so that the trader knows the exact exchange rate in order to mitigate his or her company’s risk. To some extent, the futures market can also offer a means to hedge currency risk, depending on the size of the trade and the actual currency involved. The futures market is conducted in a centralized exchange and is less liquid than the forward markets, which are decentralized and exist within the interbank system throughout the world.

Forex as Speculation

Since there is constant fluctuation between the currency values of countries due to varying supply and demand factors such as interest rates, trade flows, tourism, economic strength and geopolitical risk, an opportunity exists to bet against these changing values by buying or selling one currency against another in the hopes that the currency you buy will gain in strength or that the currency you sell will weaken against its counterpart. (For additional reading, see “Top 6 Questions About Currency Trading.”)

Currency as an Asset Class

There are two distinct features to currency as an asset class:

Why We Can Trade Currencies

Until the advent of the internet, currency trading was limited to interbank activity on behalf of their clients. Gradually, the banks themselves set up proprietary desks to trade for their own accounts, which was followed by large multinational corporations, hedge funds and high net worth individuals.

With help from the internet, a retail market aimed at individual traders has emerged, providing easy access to the foreign exchange markets, either through the banks themselves or brokers making a secondary market. (For more on the basics of forex, check out “8 Basic Forex Market Concepts.”)

Forex Trading Risks

Trading currencies can cause some confusion related to risk due to its complexities. Much has been said about the interbank market being unregulated and therefore very risky due to a lack of oversight. This perception is not entirely true, though. A better approach to the discussion of risk would be to understand the differences between a decentralized market versus a centralized market and then determine where regulation would be appropriate.

The interbank market is made up of several banks trading with each other around the world. The banks themselves have to determine and accept sovereign risk and credit risk, and for this they have many internal auditing processes to keep them as safe as possible. The regulations are industry- imposed for the sake and protection of each participating bank.

Since the market is made by each of the participating banks providing offers and bids for a particular currency, the market pricing mechanism is derived from supply and demand. Due to the huge flows within the system, it is almost impossible for any one rogue trader to influence the price of a currency. In today’s high-volume market, with between $2 trillion and $3 trillion being traded per day, even the central banks cannot move the market for any length of time without the full coordination and cooperation of other central banks. (For more on the interbank system, read “The Foreign Exchange Interbank Market.”)

Attempts are being made to create an Electronic Communication Network (ECN) to bring buyers and sellers into a centralized exchange so that pricing can be more transparent. This is a positive move for retail traders who will gain a benefit by seeing more competitive pricing and centralized liquidity. Banks of course do not have this issue and can, therefore, remain decentralized.

Traders with direct access to the forex banks are also less exposed than those retail traders who deal with relatively small and unregulated forex brokers, which can (and sometimes do) re-quote prices and even trade against their own customers. It seems that the discussion of regulation has arisen because of the need to protect the unsophisticated retail trader who has been led to believe that forex trading is a surefire profit-making scheme. (See also “Why It’s Important to Regulate Foreign Exchange.”)

For the serious and educated retail trader, there is now the opportunity to open accounts at many of the major banks or the larger, more liquid brokers. As with any financial investment, it pays to remember the caveat emptor rule – “buyer beware!” (For more on the ECN and other exchanges, check out “Getting to Know the Stock Exchanges.”)

Pros and Potential Cons of Trading Forex

If you intend to trade currencies, in addition to the previous comments regarding broker risk, the pros and potential cons of trading forex are laid out as follows:

Pro: The forex markets are the largest in terms of volume traded in the world and therefore offer the most liquidity, thus making it easy to enter and exit a position in any of the major currencies within a fraction of a second.

Potential Con: As a result of the liquidity and ease that a trader can enter or exit a trade, banks and/or brokers offer leverage, which means that a trader can control quite large positions with relatively little money of their own. Leverage in the range of 100:1 is a high ratio, but not uncommon. Of course, a trader must understand the use of leverage and the risks that leverage can impose on an account. Leverage has to be used judiciously and cautiously if it is to provide any benefits. A lack of understanding or wisdom in this regard can easily wipe out a trader’s account. (For more on leverage, check out “Forex Leverage: A Double-Edged Sword.”)

Pro: Another advantage of the forex markets is the fact that they trade 24 hours around the clock, starting each day in Australia and ending in New York. The major centers are Sydney, Hong Kong, Singapore, Tokyo, Frankfurt, Paris, London and New York.

Potential Con: Trading currencies is a “macroeconomic” endeavor. A currency trader needs to have a big-picture understanding of the economies of the various countries and their inter-connectedness in order to grasp the fundamentals that drive currency values. For some, it is easier to focus on economic activity to make trading decisions than to understand the nuances and often closed environments that exist in the stock and futures markets where microeconomic activities need to be understood. However, an understanding of a company’s management skills, financial strengths, market opportunities and industry-specific knowledge are not necessary in forex trading. (Take a look at “Economic Factors That Affect the Forex Market” to learn more.)

[Note: One of the underlying tenets of technical analysis is that historical price action predicts future price action. Since the forex market is a 24-hour market, there tends to be a large amount of data that can be used to gauge future price movements. This makes it the perfect market for traders that use technical tools. If you want to learn more about technical analysis from one of the world’s most widely followed technical analysts, check out Investopedia Academy’s Technical Analysis course.]

Two Ways to Approach Forex Trading

For most investors or traders with stock market experience, there has to be a shift in attitude to transition into or add currencies as a further opportunity for diversification.

1. Currency trading has been promoted as an “active trader’s” opportunity. This type of opportunity suits brokers because it means they earn more due to the nimbleness that accompanies active trading.

2. Currency trading is also promoted as leveraged trading, and therefore, it is easier for a trader to open an account with a small amount of money than is necessary for trading in the stock market.

Besides trading for a profit or yield, currency trading can be used to hedge a stock portfolio. For example, if someone builds a stock portfolio in a country where there is potential for the stock to increase in value, but there is downside risk in terms of the currency (i.e., the U.S. in recent history), a trader could own the stock portfolio and short the dollar against another currency such as the Swiss franc or euro. In this way, the portfolio value will increase, and the negative effect of the declining dollar will be offset. This is true for those investors outside the U.S. who will eventually repatriate profits back to their own currencies. (For a better understanding of risk, read “Understanding Forex Risk Management.”) Opening a forex account and day trading or swing trading is most common with this profile in mind.

A second approach to trading currencies is to understand the fundamentals and the long-term benefits. It is beneficial to a trader when a currency is trending in a specific direction and offering a positive interest differential that provides a return on the investment plus an appreciation in currency value. This type of trade is known as a “carry trade.” For example, a trader can buy the Australian dollar against the Japanese yen. If the Japanese interest rate is .05% and the Australian interest rate is 4.75%, a trader can earn 4%. (For more, read “The Fundamentals of Forex Fundamentals.”)

However, if the Australian dollar is strengthening against the yen, it is appropriate to buy the AUD/JPY and to hold it in order to gain in both the currency appreciation and the interest yield.

The Bottom Line

For traders – especially those with limited funds – day trading or swing trading in small amounts can be a good way to play the forex markets. For those with longer-term horizons and larger fund pools, a carry trade may be an appropriate alternative.

In both cases, traders must know how to map out the timing their trades through charts, since good timing is the essence of profitable trading. In both cases, as in all other trading activities, the trader must know their own personality traits well enough so that they do not violate good trading habits with bad and impulsive behavior patterns. (To determine what type of trading is best for you, see “What Type of Forex Trader Are You?“)

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Forex traders eye mobile trading apps

 

For the modern foreign-exchange trader, it’s now possible to find a date, hail a cab and trade $100 million — all through their mobile phone.

The world’s biggest financial market is embracing the iPhone era as investors find new ways to work when they’re not on the trading floor. In a JPMorgan Chase & Co. survey of more than 400 institutional FX, rates and commodities traders, 61% said they’re “extremely” or “somewhat” likely to use a mobile trading app this year, up from 31% in 2017.

However, half of the respondents, most of whom were FX traders, said company policy preventing trading on mobile was the main obstacle.

“We’ve seen quite a shift in terms of institutions allowing people to use mobile devices” in the last year, said Scott Wacker, global head of e-commerce sales and marketing at JPMorgan in London. “This form of communication is completely transforming how people do things.”

Financial companies are becoming more comfortable with employees using mobile apps as security features improve, including facial recognition and fingerprint readers, he said. The biggest trade on the bank’s mobile FX trading app exceeded $400 million, and it’s not uncommon to see $100 million deals go through the app, whose biggest users are hedge funds and other financial institutions.

The adoption follows a surge of online, or electronic, trading in the $5.1-trillion-a-day currency market as companies look to cut costs and keep better audit trails for their transactions. Traders conduct about 74% of their notional volumes electronically on average, up from 68% in 2017, according to the survey.

“As products become more electronic, you see more volumes come through, and the transparency increases,” Wacker said. “It creates quite a bit of efficiency, so it allows institutions to drive down their execution costs.”

New MiFID II rules this year also loom large, with 73% of traders in the Europe, Middle East and Africa region saying it would have a daily effect on their jobs. That compares with 47% in the Americas and 45% in Asia Pacific.

JPMorgan’s electronic currency swap and forward volumes have almost doubled since the rules came into effect at the start of the year, according to Wacker.

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Free Diploma in Financial Trading: This is Financial Self-Empowerment

A lot of people are claiming to be making a lot of money with financial trading in recent years in South Africa. One could not afford to miss such kind on a lifetime opportunity. But does it come free or that easily? Of course not, for one to begin trading, they need intense training. But there are free training too.


They always say forex is risky, yes it is risky because it involves real money. Without sufficient training on forex, you might loose a lot of money by entering a trade that could result in a loss.
So, for one to execute the forex business successfully, an intense training is required.
There are companies and individuals running forex training in South Africa. Some are national and some are regional.

But the question remains, how do we find the training providers

When you choose a training provider you must first look for the following:
*Make sure they are a legit registered entity
*Make sure you physically know their operational site or office.
*Make sure that at least you know some people who has already undergone for training in those facilities.
*Also make sure that they are not fly-by-nights
Here are some of the websites of companies conducting financial trading training in South Africa online. Note this is a free course, you have one month to complete the course for free.

The Shaw Academy

The Shaw Academy offers a free course on Trading or financial trading. This course can help you understand forex trading without paying training fees.

Register for a free financial trading training now and learn to trade.
Was this information useful for you, if yes please share on social networks, your friends might just need it.
NB: Forex is risky, don’t enter trading without good training.

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Free 1 month Training Diploma in Financial Trading

This is a once in a lifetime opportunity for you to get a free 1 month training in financial trading. Take advantage of this training and become one of the good traders. A lot of people these days are venturing into the forex business, so this is your time to do so. After completion of the course, you will get a certificate certifying that you have completed the course. You will also have the necessary skills to let you decide whether to start trading or not. We all need this course for our financial freedom.

Here are some of the topics to be covered on this course:

1.The Opening Bell
When studying any subject matter, it is first necessary to ask the questions of “who”, “what”, “when”, “where” and “why”. In our introductory lesson, we will plan our educational journey while learning the basics of what we need to know to become profitable traders.

Enroll for Free at The Shaw Academy

2.Leverage, Margin & all the Jargon
In lesson 2, we will learn to talk like trading professionals. Whether its running with bulls or winners, we need to know the terms used in the trading world, to both trade effectively and get to the point. You will learn all the key terms and concepts that you need to begin in the world of trading.

3.Let the Trading Begin
Text books will only get you so far and you will reach a point where there is no better way to learn than “to do”. In this lesson, we will show you how to navigate your very own demo trading platform and to start practicing with no risk immediately. This is where your live dynamic really kicks in and makes for a fun and educational experience.

Enroll for Free at The Shaw Academy

4.Candlesticks – Shedding Light on Opportunities
In order find opportunities we need an efficient way of measuring price – right? Well, charts allow us to do just that. As technical traders, we use Japanese Candlesticks, a very simple and effective style of charting. This lesson will introduce you to price action, reading candlestick charts, doji, engulfing pattern formations, counter retail trading and many other tools you will need to learn to trade successfully.

5.Technical Charting 101
Expanding upon lesson 3, you will learn to develop your technical skills like, finding and utilizing channels and trend trading techniques; highlighting breakouts, support and resistance, with counter retail strategic entry and exit techniques for each trade made. This is very much where the ‘how to’ begins.

Enroll for Free at The Shaw Academy

6.Becoming a Counter Retail Trader
This lesson brings together all the previous Technical Analysis lessons, focusing on methods of finding Counter Retail Trading opportunities – our speciality. This includes an examination of moving averages, simple & exponential; all focused on attempting to find that confirmation we need to trade profitably. This lesson is not to be missed.

7.Psychology of Real World Trading
Often overlooked in other trading courses, we do not ignore the importance of a good mental state that is required to trade successfully. Real life explanations and examples of the difficulties which real traders face each day are discussed. Practical steps are illustrated to reduce the psychological difficulties faced by real traders and how you will mitigate those using our own in-house developed software. This is when everything really comes together.

8.Return on Investment & Protecting Your Capital
Trading, like all other forms of investing, carries risk. It is through that very risk that profits may flow. An understanding of the interconnected and inseparable nature of risk and return is fundamental to profitable trading. Making money is one thing, keeping it is another.

How to Apply
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The New 2018 Mandela Coin

The South African Mint, a subsidiary of the South African Reserve Bank (Sarb) announced the launch of two new limited edition coins which pay tribute to struggle icon and former president, Nelson Mandela. The new 2018 Mandela Coin.

The new coins serve as a commemoration of Mandela’s legacy and what he stood for during the Apartheid era.

Notably, 2018 marks exactly a century since the birth of Mandela and the Mint aims to celebrate this milestone.

The two coins are visibly different in appearance, the one coin being bronze while the other is sterling silver.

The R50 bronze coin also depicts Mandela in his youth as a young lawyer while the R50 sterling silver coin portrays him as SA’s first democratic President.

The bronze alloy coin is priced at R127 and tells its own tale, says Tumi Tsehlo, MD, South African Mint.

“Pricing the coin was a conscious tribute to Nelson Mandela’s legacy and our way of paying it forward. To celebrate 100 years since the birth of Mandela, and in remembrance of the 27 long and lonely years, he spent in prison, the entry-level bronze alloy coin is priced at R127.

With every coin purchased, R27 (VAT-free) will be donated to the Nelson Mandela Foundation”.

Notably, the two coins are also the second installation in the “Celebrating South Africa” theme. The first installation being the 2017 OR Tambo Centenary range.

According to the SA Mint, the series serves to educate individuals on SA’s struggle icons.

“South Africans must never forget her heroes who stood up and against injustice and inequality to usher a new era of freedom and democracy. We hope their stories will continue to be told and heard every time someone holds a Madiba or Tambo commemorative coin,” adds Tsehlo.

“Collectability is a function of craftsmanship, quality and theme amongst other personal preferences. The Mandela series no doubt ticks all the boxes and will be an amazing addition to any collection, not only because of its design but also because of the enduring value of the theme.”

The coins can be purchased for the South African Mint’s retail store in Centurion, Elegance Jewellers in Melrose Arch and various pop-up stores in malls around South Africa.

Tselo added that they will be announcing new products in the Mandela Centenary range.

Where can you buy and sell Mandela Coins in South Africa

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Forex for Beginners (You dont need to have matric to do online trading)

 

There is no doubt about it – Foreign exchange trading, or forex, has garnered enormous popularity in the last decade, as droves of newcomers have crossed over from stocks and other investments to test their skills with the currencies of the world.

 

And why not? Forex is our largest and most liquid market, over $4 trillion in daily turnover, a market that can resist even the vainest attempt to manipulate it. For this reason alone, currencies are deemed to be our purest form of trading, but winning in this arena is not nearly as easy as marketing claims would have you believe.

Yes, access is easy. Sophisticated trading platforms make it appear easy, and markets are open for nearly six days, non-stop, a week. You can trade from your desk, the backseat of your car, from down at Starbucks, or even from your hot tub, if you are so inclined. There are, however, no shortcuts. You must invest the time up front to reap dividends down the road.

Knowledge, experience, and emotional control are the same factors for success in this genre, but it helps to get guidance from mentoring professionals, if you have any desire of jumping into the fray after a short period of time. You need to be aware, unfortunately, that nearly 70% of beginners become impatient early on and leap into the market before completing anything close to preparation. They become quick casualties, as a result.

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