SA celebrities dump forex trader Jabulani “Cashflow” Ngcobo

Jabulani “Cashflow” Ngcobo was known as one of the most successful forex traders in South Africa. Forex trader and author Jabulani Ngcobo is facing fraud charges after he allegedly crooked another person out of R100000.  ALSO READ: South African Forex Trader Jabulani Cashflow Ngcobo Sentenced To 6 Year Imprisonment The Financial Sector Conduct Authority (FSCA) …

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South African Forex Trader Jabulani Cashflow Ngcobo Sentenced To 6 Year Imprisonment

When it comes to forex trading in South Africa, the country is in a somewhat weird place. But there are many successful forex traders in South Africa including Jabulani Cashflow Ngcobo who has been sentenced to six years in jail. ALSO READ: What is forex trading and how does it work? Self-proclaimed millionaire and author …

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Top 5 SA self-made richest celebrities through forex trading

Louis Tshakoane Junior forex trading trader

Forex trading is becoming more popular in South Africa that even UNISA now offers a short course on it. These successful South African forex traders are not even shy to flaunt their wealth on social media.

Why is forex a big deal in South Africa? According to 24 forex, the foreign exchange market (also known as Forex or FX, short for Foreign Exchange) is the largest financial market in the world with more than $5 trillion in average daily trading volume.

One of the biggest promises of currency exchange is quick returns on investments. We’ve seen how young traders such as Sandile Shezi, Simz D’ Mandla, and Louis Tshakoane Junior fund their lavish lifestyle. Below are top 5 richest forex traders in South Africa.

Top 5 richest forex traders in South Africa

Sandile Shezi

Sandile Innocent Shezi

Jabulani ‘Cashflow’ Ngcobo

Jabulani 'Cashflow' Ngcobo

Ref Wayne

Ref Wayne

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