A 1 forex services ltd - South Africa forex brokers - LIst of brokers regulated by FSB
We a 1 forex services ltd not hesitate in recommending their involvement in your business. I would like to thank Warren and Forex People for their fantastic service through the years and we are hoping that we can all grow together from 11 to strength over the years ahead. The service that we have received from Warren and Forex People has been exemplary and professional at all times.
ForexPeople have gone the extra mile in situations where needed without hesitation. The rates a 1 forex services ltd have been offered for our foreign payments have been very competitive and the general forex dealings from ForexPeople have been excellent overall. We have servjces with ForexPeople, and in particular with John Rambo, for the past 10 years.
They have gone out of their way to help us with all deals in a 1 forex services ltd most professional way and have always been available to offer new ideas and suggestions. Dealing with Sharon Hendry and her team at ForexPeople has made payments to foreign suppliers painless and straight forward.
Prompt SMS and email notifications takes the guess work out of exchange rates and cost of deals. And the benefit of not having to get original documentation to the bank, but dealing via email, makes these transactions an absolute pleasure.
I recommend ForexPeople to everyone who has to transact with foreign banks. ForexPeople were a very pleasant surprise for me at a time when I had just moved to South Africa and wanted to buy property.
I saved money from my transactions; my transfers were always completed ASAP, and I was able get options trading brokerage replies to my queries.
Our company has been dealing with ForexPeople and a 1 forex services ltd Ilze Louw, for many years now. We struggled previously with the major banks to handle our foreign payments. Not only is ForexPeople far more efficient but much more user-friendly and cost-effective than any of the alternatives we tried.
Ilze, often went further than the extra mile, to accommodate our requirements. They are knowledgeable on any related matter, be it a simple transaction or the most complex transactions.
I can recommend ForexPeople to any entity. Each pair has two prices — the price s selling the base currency ask and a price for buying it bid.
The difference between them is called a spreadand represents the amount brokers charge to open the position. The more a currency is traded, i. The rarer the pair is, the wider the spreads will be. lts
Usually a quote will be presented with four numbers after the dot, for instance 1. Any change in the currency value will usually be seen on the fourth figure after the dot, mainly known as a pip.
The spreads, gains and losses will usually be presented in pips. A bull market is s the rise, and a bear market is usually decreasing.
Experienced traders will decide their strategy depending on the market trends, and will make sure to follow all relevant events so they can a 1 forex services ltd the changes in the market and gain profit. In the past, every trader called his broker and instructed him on actions to be made.
Today the trades are done directly sergices the client on a software, called a trading platform. Many of the platforms are available for computer, internet and mobile.
Every trader has his own strategy, and he should find the platform that will enable him to perform it in the best way possible, i. Leveraged trading, or trading on the margin, allows the trader to open larger positions than his own fortune would otherwise allow him.
In most forex pairs, the maximum leverage that can be employed is It is important to remember that the profits and losses are determined by the position size, and as leverage trading can magnify profits servuces losses can be enhanced.
The forex market has high liquidity, due to an elevated supply and demand rate. Traders apply transactions based on financial events, as well as a 1 forex services ltd events.
Naturally, when a currency will be on a high demand, its value will raise comparing to the other currencies, and vice versa. The return date for the provisional liquidation is 28 April. In a statement the FSC said measures have servjces taken to protect the remaining assets of the Company in the interests of its investing clients a 1 forex services ltd creditors, pending a full investigation options trading subscriptions the circumstances of the loss.
Leaderguard Securities has filed for liquidation on 23rd March in South Africa. It may only operate those trading positions that are.
The Company has been ordered. Any director who fails to comply with the directions of the FSC commits a criminal offence under the Financial Services Development Act, and is liable on conviction to imprisonment.
The Commission will continue to probe the matter and liaise with the Financial Services Board of South Africa, and any other regulatory authority that might have an interest.
Description:Dec 21, - Read relevant articles on our blog about foreign exchange solutions and understand the forex South Africa's Top 10 imports and exports.