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Learn to Trade Forex

FX Scouts By Jeffrey Cammack Updated: March 16, 2020

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.

Experienced Trader Course

Designed for experienced traders to explore more advanced components of trading and fundamental strategies.

Extras

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

Country Guides to Trading Forex

  • 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

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

Preferred Forex Brokers in South Africa

If you wish to start trading right away find regulated forex brokers below who currently offer sign up bonuses.

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Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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