Best Forex Trader in the World
According to research in South Africa , whether a trader is new to the trading world, or a pro, all traders are likely to share one key ambition: becoming successful in the Forex markets. Every trader has at some point wondered – "How do the richest forex traders make it to the top?" This article will not only cover the stories of the top forex traders; the ones who became highly affluent but also share how traders can follow them.
Social media has become a massive part of the finance world with many traders now taking to Instagram, Twitter and even Facebook to share the tricks of the trade, information and insights. Social media, with its visual appeal, offers a good medium to explain complicated chart analyses and updates of economic releases.
10 Best Forex Traders to follow Globally
✔️George Soros
✔️Joe Lewis
✔️George Van der Riet
Paul Tudor Jones
Martin Schwartz
Ref Wayne
Stanley Druckenmiller
Alexander Elder
Jabulani Ngcobo
Louis Tshakoane
Let's take a look at the Best Forex traders who are using social media to benefitforex traders across the world.
George Soros
George Soros studied in the London School of Economics and Political Science and graduated in Philosophy and whilst at school, he started making trades. As of February 2018, he had a net worth of $8 billion.
Joe Lewis
Since Joe Lewis was young, he expressed his gift in business and he left school at 15 to help run his family business.
In September 1992, Joe Lewis collaborated with George Soros to bet contrary to the Sterling Pound, which led to the Black Wednesday. Lewis has a net worth of £4.358 billion, an increase of £462 million from 2018.
George Van Der Riet
The success story of George Van Der Riet started with him steadily learning about the market before making his first investments. George Van Der Riet was born and raised in Cape Town, South Africa, and furthered his studies in Manchester where he studied Finances. Through his years spent in the United Kingdom, he worked in financial institutes such as banks and the Forex industry, and it is these experiences which helped George Van Der Riet to become a successful professional in the forex industry.
Currently, George Van Der Riet is leading the Global Forex Institute together with front runner Sandile Shezi and they both aim to help young people in South Africa to get more knowledge about the financial markets.
Paul Tudor Jones
Paul Tudor Jones is considered as one of the wealthiest day traders alive to this day, with a net worth at 4.5 billion USD mainly bets on fluctuations in interest rates and the forex market.
Martin Schwartz
Schwartz is known for winning the US Investing Championships in 1984 by trading stocks, forex, and options and he has also traded on the American Stock Exchange for options and futures, making $600,000 in his first year as an independent trader and gained $1.2 million in two years.
Ref Wayne
Ref Wayne is the best and most successful Forex trader in South Africa to date. Ref Wayne has developed excellent trading skills which he has transferred into business after he was suffering from a lack of career development opportunities growing up. This became his main driving force to put a lot of effort into trading and he became a multimillionaire, joining the ranks of top 10 forex traders in South Africa, when he was only 22 years old.
Ref Wayne has created the first South African cryptocurrency named Pip Coin and is an entrepreneur which puts a lot into providing proper financial education to the South African population. Ref Wayne has created the African Forex Institute and released some free Forex lessons for the community.
Stanley Druckenmiller
For more than a decade, Druckenmiller has managed money for Soros and in 2009 he was named as one of the most charitable men in America for donating over $700 million in fundraisers supporting medical research, education, and anti-poverty efforts. His net worth is 4.7 billion USD as of 2019.
Alexander Elder
Alexander Elder is a renowned trading books author publications including:The New Sell and Sell Short: How to Take Profits, Cutting Losses, and Benefit from Price Declines,Entries and Exits: Visits to Sixteen Trading Rooms,Rubles to Dollars: Making Money on Russia's Exploding Financial Frontier, andTrading for a Living: Psychology, Trading Tactics, Money Management.
Alexander Elder trading approach focuses more on money management rather than technical aspects, employing his three Ms: mind, method, and management in his literature.
Jabulani Ngcobo
Jabulani Ngcobo was born in 1985 is currently one of the richest Forex traders in South Africa to date. Jabulani Ngcobo is a self-made millionaire and the author ofCashflow Naked , a biography and a lesson of financial education.
Jabulani Ngcobo net worth is estimated at $2.4 billion.
Louis Tshakoane
Louis Tshakoane is a young millionaire and is based in South Africa, and is the founder and president ofUndercover Millionaire's Currency. Louis Tshakoane' goal was to create a network base for business people to communicate ideas and strategies, givingbackto the community.
World renowned Prophetic Forex Trader Louis Jr Tshakoane has officially crossed R2+ Million in revenue and sales from his latest book Forex Millionaire in 365 Days by God's Grace. The book has sold well thanks to his massive loyal African following gathered over the past 5 years and has 2000+ pre-ordered and copies sold online.
Louis Tshakoane has over 1 Million social media followers on Facebook and Instagram and he has also started a free prophetic forex signals telegram channel with over 5000 subscribers, providing forex signals for free to those who can't afford to pay for the expensive premium signals on the market.
Lawrence Hite
Lawrence Hite is a hedge fund manager who focuses mostly on systems trading and he also become the principal investor and chairman of Metropolitan Venture Partners.
Tracy Britt Cool
Tracy initially started of her career by growing vegetables and flowers in her parent's company. She studied at Harvard, and was employed at Berkshire Hathaway, where Warren Buffet is the CEO, and her potential was noticed.
Abigail Johnson
Abigail Johnson, the daughter of Edward C. Johnson III, Chairman of Fidelity Investments, became President and CEO of the company in February 2014. The company has a long history, with nearly $2.25 trillion of its assets under management, and $3.5 in assets under administration.
Simz D' Mandla
Simz D' Mandla is a Multi-Millionaire Forex Trader, Born in Tembisa and raised in Midrand, Gauteng. Simz is CEO & Founder of Trade4Africa.org and The African Millionaires Den alongside being a Serial Entrepreneur, Forex Analyst and active trader, a Wealth Coach, Motivational Speaker, Angel Investor, Business Strategist, Philanthropist and is one of South African's youngest Self-made multi-millionaires. Simz D' Mandla made his first million at the age of 19/20.
Simz D' Mandla tries to reduce a gap in society through his companies with social classes in the society is accompanied by high rates of unemployment and as the population increases, more people can't find enough opportunities to grow financially. Simz D'Mandla not only ventures into forex trading but also works as a motivational speaker organizing classes to help young entrepreneurs gain trading forex.
Shaun Benjamin
Shaun Benjamin earned his first million Rand at 21 years of age and studied engineering after graduating Newcastle High School back in 2012. Due to circumstances he was led to start trading FOREX, and he ended up quitting his job after raising enough funds to found the Benjamin Forex Academy.
23-year-old Shaun Benjamin is not only the founder and CEO of Benjamin Forex Academy, but also the director of Benjamin Investment Group (Pty) Ltd, a qualified miner, property investor and entrepreneur.
He matriculated from Newcastle High School in 2012 and was accepted to study engineering, but had to abandon his studies because of a lack of finances. Shaun Benjamin secured a learnership through Khethekile Mining in Newcastle, and obtained a National Certificate in underground coal blasting operations. He started trading Forex. Shaun Benjamin eventually quit his job when he had saved enough money, and founded Benjamin Forex Academy to teach others the skills he had acquired.
Benjamin Forex Academy is the only non-profit training centre in South Africa, aiming to help others attain financial freedom and to curb unemployment. He advises youngsters to remain positive and to think out the box.
"Be innovative and solution-orientated, don't be afraid of being wrong and making mistakes. It won't be easy, but it will definitely be worth it."
Nelisiwe Masango
Nelisiwe Masango is the director of the Forex trading company Bear Run Investments and has spearheaded three successful businesses in total. As a schoolgirl Nelisiwe wanted to become a neurosurgeon, but developed a love for finances and investments. Nelisiwe Masango started learning entrepreneurial management, but soon started learning how to trade, and became very successful at it, becoming one of thetop forex traders in South Africa.
Nelisiwe Masango established two business enterprises, "Female and Finances" that aims to promote financial awareness and security amongst the women in South Africa, and "Gentle Hands Agency" which is a recruitment agency to help the people who are suffering from the lack of the job opportunities.
Paballo Nkwe and Danielle Lester
Paballo Nkwe and Danielle Lester is a powerful female duo and game-changers for the Forex industry in South Africa. Paballo Nkwe and Danielle Lester are both in their 20s, and own a company together – iSelect Wealth. Paballo Nkwe and Danielle Lester mentor individuals, start-ups, South Africa forex traders and companies and have created models and platforms by using technologies and financial intelligence, and these platforms and models can be used by anyone. Paballo Nkwe and Danielle Lester have an incubation program, where they visit women in South African Universities to teach them about the finances and help them develop financial intelligence and teach Forex trading and ways to make future investments.
Nobuhle Catherine Anajemba (Bosslady)
At present Nobuhle Catherine Anajemba is Africa's Richest Forex Woman with approximately R100 million net worth as of 2018. Through her online institutions train Nobuhle Catherine Anajemba and mentor people in Forex, Binary Option and Crypto currencies. Additionally, WIF also has subsidiaries that provide signal subscription for those who are already trading but not profitably.
Reabetswe Shongwe
One of the most successful women in finance & entrepreneurship today is Botswana born and raisedReabetswe Shongwe, Reabetswe found success in the trading of currencies and entrepreneurship, her success unfolded when she decided to call a quit in one of the biggest retail giants and joined Women in Forex & Entrepreneurship a division under Trade4africa.org.
Reabetswe leads and represent W.I.F.E division as a living testimony, a born leader, a woman of power and a royal Queen as witnessed through her hard work.
Jennifer Fan
Jennifer graduated from business school with degrees in finance, statistics, and operation research and was first employed at Morgan Stanley, and later became a partner and portfolio manager at Arrowhawk Capital Management. Jennifer has launched a $650 million hedge fund that she is skilfully running and is a hedge fund manager who specializes in finding relative value in energy and agriculture markets.
Linda Raschke
Linda Raschke began trading professionally from the early 1980s, and she worked at the Pacific Coast Stock Exchange and then the Philadelphia Stock Exchange for a total of 6 years before working for herself as a day trader.
Linda Raschke is the president of LBRGroup Incorporated, as a commodity trading advisor, and with LBR Asset Management as a commodity pool operator, with both companies bearing her personal initials. Raschke also invests het time to lecture on trading for a number of prestigious organizations, including the Managed Futures Association and Bloomberg, whilst also authoring a book on high probability trading strategies, which has been largely publicised. Linda Raschke is a very experienced trader and a veteran in Wolfe Wave technical research.
One of Linda's trading rules is to have a strategy that allows you to react to market movements as they occur because you can't foretell future movements. In Linda's words "In the world of money, which is a world shaped by human behaviour, nobody has the foggiest notion of what will happen in the future. Mark that word – Nobody!"
Raghee Horner
Raghee Horner is a respected contributor to John Carter's Simpler Trading with her focus set on Forex, Currency ETFs, and Futures. Her enthusiasm coupled with a combination of technical skills and analyses make her an excellent trader. Raghee Horner started trading in high school by drawing the charts by hand, and calculating all the indicators by herself. Now, Raghee is the creator of the famous 34 EMA wave method. A few applications of this method can be found in various studies at Forex Factory.
"There is no "one way" in trading. I know what I know, I use what I use, and I trust what I trust." – Raghee Horner.
Kathy Lien
After graduating from the New York University Stern School of Business, Kathy Lien began working at Wall Street and spent 13 years in the financial markets, mainly focusing on G20 currencies. She made her start at JPMorgan Chase, where she worked on the Interbank FX trading desk, making moves in the foreign exchange market, then later in the cross markets in the proprietary trading group, where she traded a bevy of instruments ranging from FX spot, options, interest rate derivatives, bonds, equities, and futures.
Kathy later joined FXCM, where she helped set up DailyFX.com, a globally known foreign exchange research portal and managed a team of analysts as a female pro trader and Chief Strategist, providing research and commentary on foreign exchange markets. In 2008, Kathy moved to Global Futures & Forex Ltd, providing research and analyses to clients, and managing a global foreign exchange analysis team as the Director of Currency Research. Kathy has also published an international best-selling book "Day Trading and Swing Trading in the Currency Market", along with a second publication "The Little Book of Currency Trading and Millionaire Traders: How Everyday People Beat Wall Street at its Own Game".
Lucy Baldwin
Lucy Baldwin managed to land herself on the highly-coveted the Forbes "30 Under 30 in Finance" list for two consecutive years and has assumed the sought-after title of Managing Director at both Goldman Sachs and Bank of America Merrill Lynch where she was in charge of trading European equities. Lucy Baldwin currently has a leading position at Credit Suisse where she is a leader in equity trading.
A trading tip from Lucy is to possess some emotional intelligence and a strong IQ. These two elements enhance a trader's discipline – a vital quality for trading success.
Lauren Simmons
In 2017, at the age of 23, Lauren became the youngest and only current full-time female equity trader at the NYSE. She majored in genetics at Kennesaw State University but moved to New York City where she met the CEO of Rosenblatt Securities and started in her trading journey. Currently, Lauren is working on her first publication that's centred on women and millennials in finance.
Lauren's trading tip is to be financially savvy. Success in the markets requires making educated moves rather than leaving things to chance.
Muriel Siebert
Muriel Siebert owned and operated the only female-owned brokerage firm on the New York Stock Exchange and founded her own brokerage house in 1967, making her the first woman to own a seat on the New York Stock Exchange. She was an advocate for the rights of women, a philanthropist and strongly believed that a nation would be stronger if women, as well as men, held executive positions in government and industry because of their different viewpoints and talents.
Other Honourable Mentions include –
Jack D. Schwager
Jack Schwager is most famous for his popular Market Wizards books plus other publications on hedge funds, commodities, technical analysis, and futures trading.
Mary Callahan Erdoes
Mary Callahan Erdoes is the Chief Executive Officer of JP Morgan Asset & Wealth Management, and manages assets worth over $2.8 trillion. Mary worked her way up to her current role, which she has held for over ten years. According to her one key to success is a willingness to abandon investment strategies that aren't working well. Her team is known for closing funds that aren't performing well and opening new ones. In 2014, Forbes Magazine ranked Mary Callahan Erdoes as the 66th most powerful woman in the world.
Sallie Krawcheck
Sallie Krawcheck is the founder of Ellevest, an online financial advice platform for women. Having held a number of senior roles, including president of the Global Wealth and Investment Management division of Bank of America, she is well-placed to offer advice and help women achieve their financial and professional goals.
Kristin Bentz
Kristin Bentz is a great figure in the world of trading and definitely worth a follow. With about 11,000 followers on social media, she can be found at Twitter @talentedBlonde, and is a former Wall Street trader that recently trades, chimes in and blogs on the newest market developments.
Mella
Mella is a pro female trader and can be found @Mella_TA on Twitter. Mella is one of the highlights when it comes to Twitter finance, offering traders killer charts, witty commentary and timely updates about the world of trading.
Abigail Doolittle
Abigail Doolittle can be followed on Twitter is Abigail Doolittle @The Chartress and as her social media handle implies, Doolittle excels in charts. Traders who follow Doolittle on Twitter, will receive the newest update on 10-year Treasury yields as well as other market developments. Doolittle's feed also involves many inspirational quotes that can encourage traders when the market is bad.
Lydia Idem Finkley
Finkley can be find on Twitter at id @faithmight where she provides timely updates especially on fundamental forces in the market. Finkley is a well-known Forex commentator who concentrates on silver and currencies.
Cathy Curtis
Cathy Curtis is an RIA, CFP and financial advisor who can be found @cathycurtis where she offers great tips for young women investors who are looking to mount the ranks of conversationally male dominated industry and presence on social media has encouraged many women to begin investing.
Stephanie Link
Stephanie Link is a great follow for anyone who feels passionate about learning Forex and other financial markets, as she is a top source to gain recent news updates and analysis. She is a well-known financial commentator and covers everything from economic data to stocks. Her handle – @Stephanie_Link on Twitter for any important financial updates.
Kiana Danial
Kiana, @KianaDanial is the CEO of Invest Diva, an online platform teaching investment tactics for families plus the successful author of three books including Invest Diva's Guide to Making Money in Forex.
In Conclusion
One way to improve in the trade is to learn by example, and a good starting point is to find out who is the greatest forex traders in the world. Who is the best Forex trader and how did they become successful? Traders should learn about what the most successful traders have in common, and how those strengths helped them to achieve huge profits. Even the most successful trader had to begin somewhere, according to research in South Africa .
Frequently Asked Questions
How do I become more successful at Trading?
There are plenty of online educational material and working forex strategies available to learn from. Another way is to find out who is the best Forex Traders in the world and follow them.
Who are the best Forex Traders in the world to follow?
Here is a list of the 27 Best Forex Traders in the World to follow Globally
Who is the most successful trader in the world?
Probably George Soros with a net worth of $8 billion.
How do social media benefit forex traders?
There are many successful forex traders who have taken to social media and share their tricks, insights and information. Being a visual medium, social media makes it easier to understand economic updates and chart analysis that can seem complicated at first.
Can Forex Trading make you a millionaire?
Yes, it is possible.
Featured SA Shares Writer and Forex Analyst.
Best Forex Trader in the World
Source: https://sashares.co.za/forex-traders-to-follow/
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