Top 10 Richest Forex Traders in South Africa

Don't fall for the 'top traders' lists you see online.

Most of them are not even real traders. They are scammers, and they make their money from selling overpriced courses & kickback from brokers. Trading is not their source of income.

My guess is that anyone who wants to know richest traders, they want to follow them in order to learn from them. But in an industry where there are so many scammers, the only way you can tell if a trader is real or not is from verified P&L.

Most scam traders will never trade live. In the name of live trading, they will just post fancy Tradingview analysis, but never login to their actual broker, or post broker statements. And back date their trades.

Most of the real South African traders (or in any region for that matter) who make profits are anonymous. You won't find them on social media like Instagram or Youtube. And for good reasons.

If you have to pose behind a luxury car to show you are successful trader, then chances are that you are not. Most of these so called richest forex traders in SA, are actually into the business of motivation. They just want to motivate you to buy their courses & keep trading but they are not in any way rich.

I believe some forex brokers are paying these guys to market and attract more customers; its no wonder these guys will always recommend a certain broker to you.

If at all they have any money, it is the money they get paid by brokers to do this marketing and show off online.

That's my opinion though, I stand to be corrected