Successful female forex traders in South Africa – today we’ve decided to profile one of the most successful female traders in South Africa and her name is Reabetswe Shongwe. This female trader has experienced the success of Forex trading.
Today, Reabetswe Shongwe is considered to be one of the most successful women in forex, finance and entrepreneurship. She was born in Botswana and raised in South Africa. Like many successful businesswomen, she also started from bottom. She went from being a low paid sales assistant in the fashion retail industry to becoming a successful forex trader in South Africa.
First, let us help you understand “Forex”. By definition, Forex, also known as foreign exchange, forex trading, FX or currency trading, is a global decentralized or over-the-counter market for the trading of currencies. Currencies are traded 24 hours a day, 5 days a week by banks, institutions, and individual currency traders. As reported by fxcm.com, forex trading is the most liquid market in the world with an average daily trading volume exceeding $5 trillion.
While working for Michael Kors at the Mall of Africa in Midrand, she was exposed to forex trading South Africa and entrepreneurship. She then decided to leave her retail job to Women in Forex and Entrepreneurship (W.I.F.E) which is a division under wealth creation organisation, Trade4Africa, which is one of the most popular forex trading groups in South Africa.
According to pressportal.co.za: “Women In Forex and Entrepreneurship is a Financial Transformation Platform for Women, which aims to help them become financially independent using the largest financial market in the world Forex, It inevitably allows women to use the profits acquired through Forex Market to be invested in avenues and assets, such as Property and other Businesses.”
“The turning point was when I realized that, I am helping build someone’s dream instead of my own, working overtime just so I can make more money. With the personality and skills I have, I believed that it was not meant for retail,” Shongwe says.
Since Shongwe left her retail job after working for three months, she says she’s been able to focus on her goals, which is becoming financial freedom through forex trading in South Africa.
As one of the most black successful female forex traders in South Africa, Reabetswe Shongwe says that since she left her retail job, she had the freedom to focus on achieving all her goals, her biggest priority was to educate herself on how she can create financial freedom and also empower other women to do the same, to create a wealth generation cycle.
There’s no doubt that Reabetswe Shongwe will inspire other South African women to become successful forex traders in South Africa. You can read more about forex trading in South Africa by clicking cm trading today! There’s no doubt that Reabetswe make her mark as one of the successful female forex traders in South Africa.
People who are interested in opening a forex trading account n South Africa, they need to do the following:
- Learn how to find a good Forex broker in South Africa
- Come up with a trading strategy and style
- Learn how to open a trading account by doing research.
List of Successful female Forex traders in South Africa
- Danielle Lester and Paballo Nkwe – Richest women in Forex
- Nelisiwe Masango – Successful in Forex trading
- Reabetswe Shongwe – Richest Forex Woman In South Africa
- Nobuhle Catherine Ndlovu AKA Boss Lady Buhle – Successful female Forex trader in South Africa
List of Successful Female Forex traders in the world
- Kathy Lien
- Kristin Bentz
- Abigail Doolittle
- Lydia Idem Finkley
- Cathy Curtis
- Stephanie Link
- Linda Bradford Raschke
- Ingeborg Mootz
- Yukiko Ikebe
- Geraldine Weiss
Image Courtesy: iol.co.za
Zita Zimande is a sports news journalist from the University of Johannesburg. Besides being a sports fanatic, she loves to cook during her spare time.