These courses are for the beginner and experienced trader looking to advance their skills. While you make your way through our course, sign up for a demo account to directly apply what you have learned.
Beginner Forex Trading Course
In this course, we introduce beginner traders to core concepts and tips for how to get started.
- How does Forex trading work?
- What is a Forex trading platform?
- Forex trading for Beginners
- How to verify broker regulation
- Guide to opening a Forex account in South Africa
- What is a Pip?
- What are Lots and Leverage?
- What is Equity & Margin?
- What is Stop Loss and Take Profit?
- What is Short Selling?
- What are the Forex trading hours?
- How to place my first trade?
- A list of Forex trading classes located in South Africa
- 7 Vital Forex Trading Tips for Beginners
- Technical Analysis vs Fundamental Analysis
- What is Price Action Trading?
- How to Establish a Directional Bias
- Charts – Bar Charts, Volume & Time Comparisons
- Charts – Double-Tops and Double-Bottoms
- Using an Economic Calendar
- Overview of Forex Analysis Tools
- MetaTrader 4 – A Complete Guide
Experienced Trader Course
Designed for experienced traders to explore more advanced components of trading and fundamental strategies.
- Creating a Trading Plan
- Introduction to Sentiment Analysis
- What is Scalping?
- Dow Theory – Introduction to Technical Analysis
- An introduction to the Elliot Wave Principle
- Pivot Points
- Commodity Channel Breakouts
- Forex Momentum
- Multiple Time Frame Strategy & Analysis
- Trading Forex Gaps
- Long-term Trading Strategy with the COT Report
- Long-term Trading Strategy with Open Interest
- Fade a Move Strategy in Forex Trading
- Taking Advantage of Fakeouts in Forex Trading
- Forex Stop Hunt Strategy
- The Memory of Price Strategy
- Turn Trade Strategy
- The US Non-Farm Payroll Report
- Gold and The Aussie Correlation
- Formation Seeker Tool Review
- Pitview Tool Review
Extras
- EURUSD – with live charts, seasonal fluctuations, and historical analysis.
Country Guides to Trading Forex
- Forex Trading in Nigeria – Oversight of the Nigerian markets is done by the Securities and Exchange Commission (SEC), but has yet to issue regulation for the Forex trading market. Until such time that better local regulation comes into force, Nigerian traders are encouraged to trade with internationally regulated brokers.
- Forex Trading in Kenya – Locally registered brokers are regulated by the Capital Markets Authority in Kenya, but currently, only two brokers have been licensed. Kenyan’s are free to trade with internationally regulated brokers, so this is the comprehensive list.
- Forex Trading in Namibia – The Namibia Financial Institutions Supervisory Authority does not regulate Forex brokers in Namibia and residents are free to trade with international brokers. Like in many countries in the region, scams involving local brokers and dealers have highlighted the lack of regulation so it is wise to be wary of Namibian brokers or third parties.
- Forex Trading in Tanzania – Local Forex brokers are not yet regulated by the Bank of Tanzania, but the BOT recently launched an assessment survey of the local market. Based on the Tanzanian government’s track record of swift and decisive enforcement, we expect this to result in a local regulatory regime for Forex CFDs sooner rather than later.
- Forex Trading in Rwanda – Forex trading in Rwanda is legal but there is no local regulation to speak of and restrictions on trading with the Rwandan Franc. The National Bank of Rwanda is seen as relatively progressive and has made inquiries into launching a government-backed cryptocurrency, so we expect Forex trading to become regulated in the near future.
- Forex Trading in Swaziland – Forex trading in Swaziland is legal but there are no local brokers and most Swazi traders rely on the South African Forex industry for access to the market. If you want to trade in Rand, it is recommended that you use one of the better South African brokers, otherwise be sure to use a well-regulated international broker.
For the South African Trader
- How to legally fund a Forex account from South Africa
- Tax Implications for South African Forex traders Who Reside in South Africa
If you have questions, please write to us, and we will do our best to answer those questions you have.
where south African;s can attend for training?
Hi Florence, there are a few brokers in SA who run live workshops, but this requires that you live close to their offices. A better idea would be to take advantage of the live webinars that many brokers offer – have a look through our list of the best brokers for beginners, they all have excellent educational setups: https://tradeforexsa.co.za/forex-brokers-south-africa/brokers-for-beginners/
Mr I need to know where can I get a trading robot for my self
Hi Richard, it depends on what trading platform you use. MT4 and MT5 both have a marketplace for indicators and robots, as does cTrader. If you are using a broker’s own platform you will have to discuss with them what they offer.
I really enjoy your article – i will definitely recommend to many Namibians here. Keep it up