Page not found – TradeForexSA https://tradeforexsa.co.za Trade Forex Smartly Thu, 17 Jan 2019 11:02:35 +0000 en-US hourly 1 https://wordpress.org/?v=5.0.3 Google Cache test inside WordPress https://tradeforexsa.co.za/google-cache-test-inside-wordpress/ https://tradeforexsa.co.za/google-cache-test-inside-wordpress/#respond Sun, 23 Dec 2018 13:33:31 +0000 https://tradeforexsa.co.za/?p=47166 This setup is using many plugins inside wordpress which might cause google from stop caching the URL. If it is the above only, this page should not get cached either. However if it is the content itself then this url should get cached. Lets find out.

The post Google Cache test inside WordPress appeared first on TradeForexSA.

]]>
The post Google Cache test inside WordPress appeared first on TradeForexSA.

]]>
https://tradeforexsa.co.za/google-cache-test-inside-wordpress/feed/ 0
XM Group Broker Review https://tradeforexsa.co.za/xm/ Wed, 26 Sep 2018 19:19:05 +0000 https://tradeforexsa.co.za/?p=56 One of the strongest points of XM, which is comprised of numerous points, is the fact this broker works hard to retain traders. They offer a slew of different bonuses, including loyalty bonuses, to ensure that traders are happy.

The post XM Group Broker Review appeared first on TradeForexSA.

]]>
One of the strongest points of XM, which is comprised of numerous points, is the fact this broker works hard to retain traders. They offer a slew of different bonuses, including loyalty bonuses, to ensure that traders are happy.

The post XM Group Broker Review appeared first on TradeForexSA.

]]>
Invoicing Guidelines – Schlossbrink AB https://tradeforexsa.co.za/invoicing-guidelines-schlossbrink-ab/ Wed, 19 Sep 2018 05:58:07 +0000 https://tradeforexsa.co.za/?p=44343 Thank you for working with Schlossbrink AB. We appreciate that you are doing business with us, but to make the invoicing as fast and as hassle free as possible, we have put together some guidelines of what needs to be included in the invoice so that it can be paid immediatly and without revisisions. Please […]

The post Invoicing Guidelines – Schlossbrink AB appeared first on TradeForexSA.

]]>
  • Please include the company name: Schlossbrink AB
  • Please include our VAT #: SE556862901701. This is important even if you are outside of the European Union, this is important for our accountants.
  • Please add a detailed description of the product or service we are paying for. Example:
    • Good: Banner advertising on domain.com for the period of three months.
    • Bad: Advertising
  • The post Invoicing Guidelines – Schlossbrink AB appeared first on TradeForexSA.

    ]]>
    How Strong Ties with China Will Impact the ZAR in 2018 https://tradeforexsa.co.za/how-strong-ties-with-china-will-impact-the-zar-in-2018/ Wed, 15 Aug 2018 07:01:54 +0000 https://tradeforexsa.co.za/?p=44107 China is South Africa's biggest trade partner globally, and thus the SA economy is more sensitive to any headwinds coming from the second largest economy in the world. More than just that, South Africa is also China’s largest trading partner in Africa. So what happens with Chinese growth slows?

    The post How Strong Ties with China Will Impact the ZAR in 2018 appeared first on TradeForexSA.

    ]]>
    China is South Africa’s biggest trade partner globally, and thus the SA economy is more sensitive to any headwinds coming from the second largest economy in the world. More than just that, South Africa is also China’s largest trading partner in Africa. So what happens with Chinese growth slows?

    The post How Strong Ties with China Will Impact the ZAR in 2018 appeared first on TradeForexSA.

    ]]>
    Should Traders Buy the South African Rand? https://tradeforexsa.co.za/should-traders-buy-the-south-african-rand/ Tue, 14 Aug 2018 07:05:36 +0000 https://tradeforexsa.co.za/?p=44096 All emerging markets have been hit hard in the last couple of months.  Especially at the beginning of August as the spillover effects caused by the US imposed tariffs on several trade partners such as China, Turkey, and Russia, have reached a new level of aggressiveness.

    The post Should Traders Buy the South African Rand? appeared first on TradeForexSA.

    ]]>
    All emerging markets have been hit hard in the last couple of months.  Especially at the beginning of August as the spillover effects caused by the US imposed tariffs on several trade partners such as China, Turkey, and Russia, have reached a new level of aggressiveness.

    The post Should Traders Buy the South African Rand? appeared first on TradeForexSA.

    ]]>
    Khwezi Trade Review https://tradeforexsa.co.za/khwezi-trade/ Wed, 23 May 2018 10:44:33 +0000 https://tradeforexsa.co.za/?p=43897 Khwezi Trade (a division of Khwezi Financial Services - FSP 44816), with category 2 FSCA regulation and headquartered in Cape Town, is proudly South African. Offering South Africans trading in Rands and holding client funds in segregated accounts at Standard Bank of South Africa, you can expect the security of staying local. With good trading conditions and superior customer support from this STP broker, full MT4 support, a fast and free deposit and withdrawal system you will always trade in comfort and knowing your funds are safe.

    The post Khwezi Trade Review appeared first on TradeForexSA.

    ]]>
    Khwezi Trade (a division of Khwezi Financial Services – FSP 44816), with category 2 FSCA regulation and headquartered in Cape Town, is proudly South African. Offering South Africans trading in Rands and holding client funds in segregated accounts at Standard Bank of South Africa, you can expect the security of staying local. With good trading conditions and superior customer support from this STP broker, full MT4 support, a fast and free deposit and withdrawal system you will always trade in comfort and knowing your funds are safe.

    The post Khwezi Trade Review appeared first on TradeForexSA.

    ]]>
    FXTM (ForexTime) Review https://tradeforexsa.co.za/fxtm/ Tue, 03 Apr 2018 08:50:16 +0000 https://tradeforexsa.co.za/?p=43479 Low minimum deposits, South African (FSCA) regulated, tight spreads, and excellent support. FXTM is the full package for traders new and old and is my favorite modern broker. Any user of this platform will soon see why FXTM has won the awards for Best Broker of the Year – Globally as well as separately in Asia, Europe and Nigeria. In addition, they also won best customer service globally for a Forex broker.

    The post FXTM (ForexTime) Review appeared first on TradeForexSA.

    ]]>
    Low minimum deposits, South African (FSCA) regulated, tight spreads, and excellent support. FXTM is the full package for traders new and old and is my favorite modern broker. Any user of this platform will soon see why FXTM has won the awards for Best Broker of the Year – Globally as well as separately in Asia, Europe and Nigeria. In addition, they also won best customer service globally for a Forex broker.

    The post FXTM (ForexTime) Review appeared first on TradeForexSA.

    ]]>
    AxiTrader Review https://tradeforexsa.co.za/axitrader-review/ Mon, 09 Oct 2017 08:03:36 +0000 https://tradeforexsa.co.za/?p=42835 AxiTrader is a well regulated and reliable STP broker for the serious trader. They offer no dealing desk executions – one of the most trusted ways of trading in Forex trading circles - which allows traders to execute their trade directly on the markets without any interference. This award-winning broker is regulated by the reputed ASIC and the renowned FCA both of which credited for their efforts and strictness in safeguarding the Forex marketing against any kind of fraud dealings. A higher minimum deposit than many other brokers, but if you are committed to generating an income from trading these deposits are to be expected.

    The post AxiTrader Review appeared first on TradeForexSA.

    ]]>
    AxiTrader is a well regulated and reliable STP broker for the serious trader. They offer no dealing desk executions – one of the most trusted ways of trading in Forex trading circles – which allows traders to execute their trade directly on the markets without any interference. This award-winning broker is regulated by the reputed ASIC and the renowned FCA both of which credited for their efforts and strictness in safeguarding the Forex marketing against any kind of fraud dealings. A higher minimum deposit than many other brokers, but if you are committed to generating an income from trading these deposits are to be expected.

    The post AxiTrader Review appeared first on TradeForexSA.

    ]]>
    BDSwiss https://tradeforexsa.co.za/bdswiss/ Thu, 21 Sep 2017 12:56:55 +0000 https://tradeforexsa.co.za/?p=42660 BDSwiss fully regulated and authorized by the Cyprus Securities and Exchange Commission (CySEC) and does not accept customers from Canada and the United States. FX/CFDs trading at BDSwiss are executed through the MT4 platform where there are at least 83 currency pairs, 48 CFDs in commodities, indices, and treasuries. In 2015, BDSwiss won an award after being termed as the Most Reliable Broker.

    The post BDSwiss appeared first on TradeForexSA.

    ]]>
    BDSwiss fully regulated and authorized by the Cyprus Securities and Exchange Commission (CySEC) and does not accept customers from Canada and the United States. FX/CFDs trading at BDSwiss are executed through the MT4 platform where there are at least 83 currency pairs, 48 CFDs in commodities, indices, and treasuries. In 2015, BDSwiss won an award after being termed as the Most Reliable Broker.

    The post BDSwiss appeared first on TradeForexSA.

    ]]>
    STO Broker Review https://tradeforexsa.co.za/sto-review/ Tue, 19 Sep 2017 12:38:20 +0000 https://tradeforexsa.co.za/?p=41606 STO is a multinational FX and CFD broker. The company prides itself on its world-class trading environment. They offer clients multiple account types, tight spreads, competitive leverage, and access to trade on 300+ instruments across 6 asset classes.

    The post STO Broker Review appeared first on TradeForexSA.

    ]]>
    STO is a multinational FX and CFD broker. The company prides itself on its world-class trading environment. They offer clients multiple account types, tight spreads, competitive leverage, and access to trade on 300+ instruments across 6 asset classes.

    The post STO Broker Review appeared first on TradeForexSA.

    ]]>
    Tax Implications for South African Forex traders Who Reside in South Africa https://tradeforexsa.co.za/tax-implications/ Tue, 19 Sep 2017 06:07:22 +0000 https://tradeforexsa.co.za/?p=42668 Many South African forex traders are not sure what their legal tax obligations are towards the South African Revenue Service (SARS). Many trading accounts are overseas, and the gains made from their trading are not visible to SARS, some traders open trading accounts with forex brokers located in South Africa, or with brokers who have branches […]

    The post Tax Implications for South African Forex traders Who Reside in South Africa appeared first on TradeForexSA.

    ]]>
    some traders open trading accounts with forex brokers located in South Africa, or with brokers who have branches in South Africa. In this case, these traders’ capital won’t leave the country.

    Trader Must Pay Tax On Earnings

    It is a common misperception that traders don’t need to pay income tax on profits made in offshore trading accounts. If a South African resident generates profit from trading in an offshore trading account while residing within the borders of South Africa, the profit is regarded as normal taxable income and needs to be declared in South African Rand in their tax returns. In this case, it doesn’t matter where the income originates from, but rather where the person resides while generating that income.

    Tax Rates for Individual Traders and Special Trusts

    Forex traders who trade in their individual capacity and special trusts are subject to the following income tax rates:

    SARS Pocket Tax Guide 2017/2018

    However, traders are only required to pay income tax if their total income exceeds a certain annual threshold which is determined by their age.

    SARS Pocket Tax Guide 2017/2018

    For example, traders younger than 65 will only start paying tax when their total taxable income exceeds R75,750 per annum (an average of R6,312.50 per month). However, a trader who is the sole member of a closed corporation (CC), for example, can legally reduce their tax liability by utilizing his individual tax threshold plus his close corporation’s tax threshold. This is done by ‘employing’ the individual by the close corporation. This raises the trader’s tax threshold from R75,750 per annum to R151,500. In this case, the trader will only pay income tax when his profits exceed R151,500 per annum. Only one close corporation’s ‘tax threshold benefit’ may be used by an individual.

    Tax Rates Business Entities

    Forex traders should be aware that different South African business entities are subject to different tax rates. Here is a brief explanation:

    Companies

    Forex trading which is done through a registered South African company is subject to a flat tax rate of 28% of its taxable income:

    SARS Pocket Tax Guide 2017/2018

    Small Corporations

    Small business corporations enjoy more leeway than companies and only start paying tax when their taxable income exceeds R75,750. Only after their taxable income exceeds R550,001 will they pay the same rate as companies (28%) but only on the portion of income that exceeds R550,001. The first R550,001 is taxed according to this table:

    SARS Pocket Tax Guide 2017/2018

    Trusts Other than Special Trusts

    Trusts other than special trusts are taxed at a flat rate of 45%:

    SARS Pocket Tax Guide 2017/2018

    Tax Deductible Expenses

    South African forex traders are entitled by the law to deduct from their taxable income, any expenses incurred in producing that income. Therefore, local forex traders should keep records of all expenses related to their trading activities, including staff remuneration, forex trading courses, money spent on trading software, office equipment, stationery, office rental, cleaning services, computer repairs, bank fees, etc. Traders can also deduct asset depreciation (wear and tear) from their taxable income. For example, the value depreciation of a forex trader’s computer used for trading or trading related tasks may be deducted from the income derived from his trading activities. Whether forex trading is done through a registered company, small business corporation, trust, or in someone’s personal capacity, all expenses incurred in producing the income may be deducted from the taxable income.

    Provisional Tax

    SARS Pocket Tax Guide 2017/2018

    Forex trading is usually conducted as a business, and most South African traders usually don’t receive remuneration from a registered South African employer for their forex trading activities. These traders, therefore, need to register for provisional tax and make two provisional tax payments annually (one payment 6 months into the financial year and the other payment at the end of the financial year). Another payment, commonly known as the third or top-up payment, may be made to cover a potential shortfall in the second payment. Provisional tax payments are calculated on estimated taxable income and the estimates are submitted to SARS on an IRP6 return. Companies are also required to pay provisional tax. For more information on provisional tax please visit this page: Guide for Provisional Tax.

    This article is a general guide only and is not intended as individual legal tax advice. For more specific information on South African tax legislation please consult a registered tax practitioner or the South African Revenue Service.

    Last Updated: November 28, 2018

    The post Tax Implications for South African Forex traders Who Reside in South Africa appeared first on TradeForexSA.

    ]]>
    Pepperstone Review https://tradeforexsa.co.za/pepperstone/ Fri, 15 Sep 2017 13:40:27 +0000 https://tradeforexsa.co.za/?p=42644 In 2014, Pepperstone won the fastest growing company award in Australia, an award that was given by the BRW Magazine. In the same year, Pepperstone also emerged as the 2014 Winner of the Governor of Victoria Export Awards, which is certainly among the coveted awards that any company yearns to have in its list of awards.

    The post Pepperstone Review appeared first on TradeForexSA.

    ]]>
    In 2014, Pepperstone won the fastest growing company award in Australia, an award that was given by the BRW Magazine. In the same year, Pepperstone also emerged as the 2014 Winner of the Governor of Victoria Export Awards, which is certainly among the coveted awards that any company yearns to have in its list of awards.

    The post Pepperstone Review appeared first on TradeForexSA.

    ]]>
    IG Markets Review https://tradeforexsa.co.za/ig-markets/ Wed, 12 Jul 2017 12:53:27 +0000 https://tradeforexsa.co.za/?p=42320 IG Markets is a UK-based financial spread betting and CFD provider. IG is one of the oldest financial UK brokers having a rich history dating back to 1974. With more than 40 years of experience, IG Markets has become the world’s largest financial spread betting and CFD broker.

    The post IG Markets Review appeared first on TradeForexSA.

    ]]>
    IG Markets is a UK-based financial spread betting and CFD provider. IG is one of the oldest financial UK brokers having a rich history dating back to 1974. With more than 40 years of experience, IG Markets has become the world’s largest financial spread betting and CFD broker.

    The post IG Markets Review appeared first on TradeForexSA.

    ]]>
    HotForex https://tradeforexsa.co.za/hotforex/ Fri, 07 Jul 2017 13:35:15 +0000 https://tradeforexsa.co.za/?p=42299 HotForex is a retail forex and commodity broker (multi-asset broker) that offers you the option to trade across various instruments including Forex currencies, oil, shares or CFDs. HotForex is licensed and well-regulated by the major regulatory bodies around the globe, including the UK FSA, Cyprus Securities and Exchange Commission (CySEC) and last but not least by the South Africa's Financial Services Board (FSB).

    The post HotForex appeared first on TradeForexSA.

    ]]>
    HotForex is a retail forex and commodity broker (multi-asset broker) that offers you the option to trade across various instruments including Forex currencies, oil, shares or CFDs. HotForex is licensed and well-regulated by the major regulatory bodies around the globe, including the UK FSA, Cyprus Securities and Exchange Commission (CySEC) and last but not least by the South Africa’s Financial Services Board (FSB).

    The post HotForex appeared first on TradeForexSA.

    ]]>
    FxPro https://tradeforexsa.co.za/fxpro/ Thu, 16 Feb 2017 17:28:14 +0000 https://tradeforexsa.co.za/?p=37 When it’s all said and done, FXpro seems more geared toward traders who already have a little experience with the MT4 and cTrader platforms, but in terms of a feature-rich package offered by a broker, it’s one of the most thorough out there.

    The post FxPro appeared first on TradeForexSA.

    ]]>
    When it’s all said and done, FXpro seems more geared toward traders who already have a little experience with the MT4 and cTrader platforms, but in terms of a feature-rich package offered by a broker, it’s one of the most thorough out there.

    The post FxPro appeared first on TradeForexSA.

    ]]>
    Trade.com Review https://tradeforexsa.co.za/trade-com/ Mon, 21 Nov 2016 18:01:43 +0000 https://tradeforexsa.co.za/?p=41488 A good mobile-friendly choice for those who are looking for a broker that offers good customer service along with plenty of educational resources.

    The post Trade.com Review appeared first on TradeForexSA.

    ]]>
    A good mobile-friendly choice for those who are looking for a broker that offers good customer service along with plenty of educational resources.

    The post Trade.com Review appeared first on TradeForexSA.

    ]]>
    Trade360 Review https://tradeforexsa.co.za/trade360/ Sun, 25 Sep 2016 18:41:33 +0000 https://tradeforexsa.co.za/?p=41349 Trade360 is a great place for those who are just getting into trading. It is a powerful and innovative online trading platform that you can use for practice trading as well as real trading.

    The post Trade360 Review appeared first on TradeForexSA.

    ]]>
    Trade360 is a great place for those who are just getting into trading. It is a powerful and innovative online trading platform that you can use for practice trading as well as real trading.

    The post Trade360 Review appeared first on TradeForexSA.

    ]]>
    Capital Index Review https://tradeforexsa.co.za/capital-index-review/ Sat, 03 Sep 2016 05:12:06 +0000 https://tradeforexsa.co.za/?p=41323 Capital Index was founded in 2014 and is now one of the top names in the industry, winning multiple awards for the prestigious STP/ECN broker of the year. Capital Index offers clients CFDs and Spread betting on a wide range of financial instruments including Foreign Exchange (FX) commodities, indices, and metals. Capital Index is a juristic representative of Khwezi Financial Services which is authorized and regulated by the Financial Services Board (license number 44816).

    The post Capital Index Review appeared first on TradeForexSA.

    ]]>
    Capital Index was founded in 2014 and is now one of the top names in the industry, winning multiple awards for the prestigious STP/ECN broker of the year. Capital Index offers clients CFDs and Spread betting on a wide range of financial instruments including Foreign Exchange (FX) commodities, indices, and metals. Capital Index is a juristic representative of Khwezi Financial Services which is authorized and regulated by the Financial Services Board (license number 44816).

    The post Capital Index Review appeared first on TradeForexSA.

    ]]>