A sensible decision, given that he collaborated with George Soros to bet against the British Pound in 1992, and for his part in the trade, took home an impressive $1.8 billion. Born in Hungary in 1952, George Soros began trading while at school. Despite dreams of becoming a neurosurgeon, https://www.investopedia.com/terms/f/forex.asp Neliswe instead forged her path in the foreign exchange market.

• The 10 richest forex traders in the world have amassed huge fortunes.
• Many traders may generate high profits, but holding onto those returns without sustaining significant losses is another ball game.
• All content on this site is for informational purposes only and does not constitute financial advice.
• Ref Wayne now sits comfortably on any list of the top 5 richest forex traders in South Africa, with an estimated net worth of around $500 million.
• By 19, he’d already become one of South Africa’s richest forex trading millionaires.
• The trader credited with the world’s ‘richest forex trader’ title is George Soros.

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Born in the UK, Joe Lewis began work at 15, helping to run the family catering business. Several https://en.wikipedia.org/wiki/Cryptocurrency years later, he sold the business to start currency trading. Get the latest information on events and offers.Sign up to our newsletter today.

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He believes his success comes in part, from his commitment to learning the markets and mastering strategies before applying them to real-money investing. For guidance on how to get the most out of a https://africa-gold-capital-investment.org/ demo account, see here. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.

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Another Nigerian currency trader that’s made it big, Bade spent years honing his strategy, minimising losses and reducing his risk exposure. By 28 he was bringing in consistent https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency six-figure profits and chose to retire from active currency investing. Ref Wayne now sits comfortably on any list of the top 5 richest forex traders in South Africa, with an estimated net worth of around $500 million. The 10 richest forex traders in the world have amassed huge fortunes.

George Soros

But what can the everyday trader learn from these top performers? To answer that question, we’ll look at the richest forex traders in 2024 from across the world, including the USA, UK, and South Africa. Note, that while not quite making this list, individuals from Canada, Singapore, and Tanzania, among https://africa-gold-capital-investment.org/ others, have also produced some of the world’s richest forex traders. South Africa has produced many of the richest currency millionaires. However, some of the top FX traders come from other parts of Africa, including Nigeria, Zambia, Ghana, Uganda, and Kenya.