Tag: CFD trading

Economic analysts recently reported that by August 2020 as many as half of South African small businesses had closed down due to the national lockdown. A more frightening statistic awaits our economy as, 6 months later, many more find themselves on the threshold of survival as the impact of the lockdown continues to distress small, medium and micro-businesses (SMMEs).

The constantly fluctuating foreign exchange or forex is the marketplace where global currencies are traded and is the largest financial market in the world. With daily transactions crossing over $6.6 trillion, it provides a crucial function for the global trade to take place.