AuthorBy Jeffrey Cammack
Updated: March 17, 2022

Start your Forex trading career by reading our beginner articles. We cover an introduction to the Forex market and explain basic terminology used in Forex trading.

Learn Forex Trading

These articles include how the Forex market works, what hours the market operates, how to find a reliable broker to connect you to the Forex market, and an introduction to the different trading software called platforms.

Forex Trading Terms for Beginners

These articles introduce the beginner trader to the jargon used in Forex trading. They explain the basic terms that will help a newcomer understand a trading platform, learn from articles about beginner Forex strategy, and assist in conversations with other traders.

Forex Trading Strategy For Beginners

These articles will introduce a beginner to the basic trading strategies used in Forex trading. They cover the basics of creating a trading plan, an introduction to the different areas of analysis, how to perform basic analysis for these strategies.

Further Reading

Extra reading for traders who have read the beginner articles. Now you can learn more advanced trading strategies and concepts.

Currency Pair Analysis

A big part of Forex trading is choosing a currency pair to trade. Beginner traders are advised to choose a few currency pairs to trade and stick to those pairs. This section includes studies that cover individual currency pairs that are common for beginners to trade.

  • EURUSD – with live charts, seasonal fluctuations, and historical analysis.

Country Guides to Trading Forex

Our readership comes from countries all around central and southern Africa. To best help beginner Forex traders in these countries, we have put together guides to the best brokers in these countries. If you live in any of these countries, we wrote these guides with you in mind.

  • 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 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.

If you have questions, please write to us, and we will do our best to answer those questions you have.

Share your knowledge

  • Florence Mofokeng says:

    where south African;s can attend for training?

    • Chris Cammack says:

      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:

      • richard says:

        Mr I need to know where can I get a trading robot for my self

        • Chris Cammack says:

          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.

  • patetheks says:

    I really enjoy your article – i will definitely recommend to many Namibians here. Keep it up

  • Siphokazi Mbomvu says:

    Good Day, I would like to get in touch with you, i need an account manager please? I am Siphokazi from South Africa, Cape Town, my email address is: [blocked] and my contact number is [blocked], I would very much appreciate your response. Thank You!

  • Mzwandile shongwe says:

    If u join around South Africa,with R500 how much is ur profit in 30 days? and how can register online

    • Chris Cammack says:

      Hi Mzwandile, Forex trading does not guarantee profit and there is a real danger of losing all your investment if you don’t manage your risk correctly. The best thing to do as a beginner is open a demo account with a good broker to learn how the Forex market works and how your trading platform works. You can find the best demo accounts here: Registering a demo account online is easy and only takes a few minutes. To open a real account with a broker you will need to provide proof of identity and proof of residence in South Africa, this process can all be done online but may take a few days. Hope that helps!

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