NewsFSCA: Beware of Solitix FX (Pty) Ltd
The Financial Sector Conduct Authority (FSCA) warns the public about Solitix FX (Pty) Ltd and Mr Kevin Banks, urging caution in engaging with these entities for financial services-related activities due to their unlicensed status.
NewsSouth Africa is on the verge of a significant interest rate increase.
According to experts at the Bureau for Economic Research, South Africa is likely to witness another interest rate hike next week, albeit it may be greater than originally expected (BER).
NewsWHY DO NIGERIANS LOSE MONEY IN FOREX TRADING? - EQUITI NIGERIA COUNTRY MANAGER
"In order to curb forex scams, Nigerians must start viewing forex trading as a talent, not a get-rich-quick scheme." People must be patient in order to see their investments increase." These are the remarks of Emmanuel Okwara Jnr., Equiti's Nigerian country manager. The worldwide FX market is the world's largest financial market, with an estimated daily trading volume of around $7 trillion.
NewsForex bank transactions are likely to get easier, thanks to decreasing costs and 24/7 access.
The establishment of South Africa's first real-time currency bank account addresses the dual issues of lower transaction fees and 24/7 visibility and access.