0 Items

  9 Top Online Trading Brokers 
                In South Africa

What You’ll Find:

9 Top trading brokers I’ve worked with in two decades

How you can make money in rising and falling markets

Where you can get your next trading question answered

QUESTION #1

Q. “When it comes to trading short term markets, which are the best brokers you can recommend from your experience?” ~ Mark P

ANSWER:

I understand that there are a high number of brokers and financial institutions you can trade with nowadays.

In my two-decade’s trading experience I will list my top 9 online trading brokers that I recommend and have had the pleasure of working with.

  1. Rand Swiss
  2. GT247.com
  3. BlackStone Futures
  4. IG Markets
  5. Saxo Bank
  6. Oanda.com
  7. DWT Securities
  8. Standard Bank Online Share Trading
  9. Pro Trader

Feel free to let them know that Timon Rossolimos, recommended you to one of these broker’s and if you’re lucky you may get a special rate or offer.

What a MATI Trader member has to share:

“Hey Timon, just wanted to say “GREAT JOB” with the last 7 winning trades in a row. I have followed your tips to the letter and have made a nice little gain. Keep it up. Can’t wait for the next tip to be released. Awesome Job!!!! “
~ V.”
Find out the trading system I used to bank these
7 winners in a row here…

QUESTION #2

“Hello Timon Rossolimos, I would like to know when trading CFD stocks, can we generate capital on the Bull side and the Bear side of the market?”
~ Lindo

ANSWER: 

Absolutely, that is the main beauty about trading CFDs…

Buy low – Sell high – PROFIT

You’ll either buy the CFD based on the share you’re trading at a LOWER price, with the speculation that you’ll sell it at a HIGHER price for a profit.

This is also known as buying or “going long” a market.

Sell high – Buy low – PROFIT

The other method is where you’ll sell a CFD based on the share you’re trading at a HIGHER price, with the idea that the price will drop, where you’ll re-buy it at a LOWER price for a profit.

This method is also known as selling or “going short” a market.

Technical answer further explained

When you sell “go short” a market, you’ll basically sell securities that you don’t own and hope to buy them back at a lower price where you’ll bank a profit.

There is a three step process when you go short.

Step #1: Borrow them

First you’ll choose the market to short and the amount of shares you’d like to borrow from someone who owns them.

Step #2: Sell them

Next you’ll sell the borrowed shares at a higher price, as you expect the price to drop.

Step #3: Buy them back for a profit

Hopefully the share price will drop where you’ll then be able to rebuy them back at a lower price for a profit.

There are two scenarios that can occur:

Scenario 1: Good

If the market drops, you will buy the shares back at lower price than what you sold them at and make a gross profit after you include costs, interest, dividends,

Scenario 2: Bad

If the market rises and you buy the shares back at a higher price that what you sold them, you will make a gross loss after you include costs, interest and dividends.

AUTHOR NOTE: If you have a basic or an advanced trading question, please don’t hesitate to ask us at info@timonandmati.com or on our Facebook group with over 5,000 members and you may stand a chance to be featured in one of the MATI Trader Newsletters.

Until next time,

Trade well…

Timon Rossolimos

Founder, MATI Trader

This story could save you R100,000s of rands worth of trading mistakes! Watch below…