Each and every trader of the world no matter they are a veteran or a beginner has the same aim in their mind and that is to become one of the most successful forex traders of the world one day. The richest forex traders share their forex success stories everywhere they go.
They let people know how they made it on the forex trading markets and what helped them to become the best forex broker through their craft. Reading all these forex success stories can motivate you with the precious insight of their work to become one of the famous forex traders of the world. If you are a forex trader, you must hear the famous name of George Soros. He is one of the richest forex traders as well as the best forex trader in the world.
He is an icon of this forex market. It means the practice of selling trades for a higher price and buying them for a lower and cheaper price.
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Soros was a very smart man who knew how to become the best forex broker. During the market crash, he read the situation early and took his decisions on the forex investments accordingly. He picked the right decision of going short back then and it made him the person he is today. He made a huge amount of profits that time and marked his name and territory as one of the richest forex traders of this business.
Paul Tudor Jones is another famous forex trader who has a higher rating in the forex broker reviews. Most of the traders of the forex market know his forex success stories. Michael Marcus is one best and most successful forex traders in the world. He is one of the best ECN brokers who possesses a great review in forex broker reviews. He is the founding member of the famous Commodities Corporation Company and considered one of the richest forex traders of the world right now.
He learned all the ins and outs of the forex market from the famous Ed Seykota and then he went far ahead from his mentor. But due to his success and a bit of luck, he has become an inspiration to many young Forex traders in South Africa. You see Sandile Shezi grew up in a ghetto.
He lived in a very unwelcoming and poor neighborhood, during a time when employment was not an easy thing for a South African. He was attending a local school, which required a tuition fee to be paid every once in a while and Sandile used to pay it himself. Well, by himself I mean he was given the money and then he made the payment. But one day, when he was given the tuition money for a year, he took it and invested it all into the Forex market.
When I first heard about this, I cringed to my core as I imagined myself in his position. The amount of stress that comes with it is really hard to deal with, even for a year-old. However, everything worked out for Sandile and he was able to make a fortune and become one of the most successful Forex traders in South Africa.
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So listen closely if you are in school. He created a school for Forex trading, which he calls the Global Forex Institute. He himself is a teacher in the Institute and teaches young entrepreneurs how to get behind Forex and earn a living from it. He was actually mentored by one of the top Forex traders in South Africa, George van der Riet, whom we will discuss next. Start trading with XM now. Despite the fact that life in the city was quite pleasant for him, he still moved to the UK to start his education. After years of studying finance in Manchester, he became a Forex trader in one of the largest UK finance firms.
This not only developed his skills in finance further but also motivated him to set a new goal for himself, an entrepreneurial goal. After many years of working for a company, he decided that it was time to strike out on his own and started conducting trades for himself. Soon enough the man was known as one of the richest Forex traders in South Africa.
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After all the success, George decided that it was time to return home, where he was received with open arms. Although there were more than enough job offers to go around in Cape Town, George, with his now impressive entrepreneurial skills, decided to strike out on his own once again. In when he came back and started F orex trading South Africa , he met Sandile Shezi, with whom he then made the Global Forex Institute with the aim of developing the industry further in his home country.
You may think that the list of successful Forex traders in South Africa is rather small and that they would not have too much competition between themselves, but you would be terribly wrong. Ref Wayne has a very similar story as Sandile Shezi. He was able to become one of the most successful Forex traders in South Africa at the age of 22 when he finally announced his status as a multimillionaire. Wayne has also released a lot of free Forex trading strategies for his followers, which was quickly gobbled up by the ambitious South Africa Forex traders. Besides these successes, Ref is considered to be the creator of the first African cryptocurrency, which he named Pip coin.
Forex trading in South Africa is on the rise and many brokerages are offering their services to prospective traders. We have compiled a list of the Forex brokers in South Africa, which were highly recommended by the aforementioned traders and more. This should help you find the broker best suited for you if you are looking for a new brokerage platform.
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Kovner had humble beginnings. Because of this, he may be regarded as a man we can easily relate to. He was born in Brooklyn, New York and had nothing to do with being a top Forex trader in the world or even in the US until his thirties. Bruce led most of his life like any of us would do, chasing success, trying various things and hoping it would work out.
However, Bruce managed to make a very successful investment when he was 32 years old. Can you imagine? The profit was amazing but he could have made more if he was more attentive and pulled out of the trade a bit earlier. After making his first gains, Bruce had an enlightening moment of sorts, which led him to learn about the proper appropriation of risk in investments. Thanks to his newfound skill he was able to reach the successful position he is at right now. Thanks to this one lesson, he was able to cement his position as one of the most successful Forex traders in the world. After the successful trade, Bruce started working in a Commodities Corporation, gathering more knowledge.
After a few years of working there, he left to create his own company, called Caxton Corporation. Later he added Caxton Associates his list of companies and concentrated most of his efforts on working with Foreign Exchange. The company became immensely successful. Urs is pretty under-appreciated in the Forex community.
He actually deserves to be in much higher regard than he currently is right now. At some point, he was just an inch away from becoming the most successful Forex trader in the world. He was able to achieve most of his success on his own, just by working with his abilities and knowledge.
You might think that Urs is German.
However, it may come as a surprise when I tell you that he was born and raised in Switzerland and worked at the Swiss Bank Corporation. This naturally, only increased his experience and expertise on the subject. The knowledge is what helped him become one of the best traders in the world. After a lot of success at his job, he was going to be sent to London. Before leaving for Britain, his father, despite not having too much to his name, gave his son some money for his trip.
Urs was able to invest it all in Forex and make his first million just at the age of Before starting his company, Urs continued to trade on the market, making millions and millions privately. He is able to do this while also maintaining the reputation of a very calm, collected and careful trader.
Thanks to his skills, he is regarded as one of the best, if not the best Forex trader in the world. There could be a lot you could learn from him on your quest to become the best Forex trader in South Africa. If you and I are living in the same age, we already know who this man is, even without a Google search. But you may not know that George Soros is actually considered to be one of the most successful Forex traders in the world.
After all, being the man who broke the Bank of England lands you some enemies. Enemies who will do everything in their power to bring you down and see you fail. However, his family name needed to be changed to ensure their safety, when George was but a child. You see, Soros grew up when Nazi Germany was still rampaging all over Europe and his father believed that it would have been best to change the name and appear to be foreign. Later on, he and his family moved to Switzerland, somewhere in , and then to London the following year.
However, thanks to the nature of his school he was still able to land a job in a local bank. This is where he was exposed to most of the experience he has today in Forex. It seems to be a trend for all of the successful Forex traders, to have something to do with banks. After his years of experience in the banking sector of the financial world, he decided to create his own company.