The Most Successful Forex Traders in South Africa, mmutlane traders.

Mmutlane traders


Stanley freeman druckenmiller is considered one of the most successful executives on wall street.

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The Most Successful Forex Traders in South Africa, mmutlane traders.


The Most Successful Forex Traders in South Africa, mmutlane traders.


The Most Successful Forex Traders in South Africa, mmutlane traders.

His personal fortune is estimated at $2.8 billion. “the most important lesson I have learned at work with george soros is that it is not at all important whether you are right or wrong. What makes sense is how much money you have earned when you were right and how much money you have lost when you were wrong.” this is what druckenmiller says when he talks about his attitude toward forex trading. In 1977, bruce kovner made his first deal. He used his personal credit card to invest $3,000 to buy soybean futures contracts for a $20,000 profit. In 1982, kovner founded the investment company, making it one of the most successful hedge funds in the world with over $14 billion in assets. In 1987, investor income reached the level of $300 million. The fund’s profit and management fee split between commodity and currency positions have made kovner one of the largest players in the forex world. Bruce kovner is one of the world’s leading traders in the interbank foreign exchange and futures markets.


The most successful forex traders in south africa


Most forex traders shy away from the spotlight, but there are some true experts in the field who have won worldwide fame. These famous players have dispelled stereotypes, shocking with incredible results over a long career. These people have made a significant impact on the investment field thus inspiring novice traders and making people follow their trading approaches.


Celebrity traders offer guidance to people who are just starting out on the exchange and looking to improve their results. These traders have achieved their results through careful risk management and plenty of experience to advise newcomers. Below, we have compiled a list of the best traders in history. Some of them are surprisingly modest, while others demonstrate their success in public. But they all have one thing in common – an unshakable sense of confidence that boosts their financial performance.


The Most Successful Forex Traders in South Africa, mmutlane traders.


#1 – kgoposto mmutlane


Kgoposto mmutlane, also known as DJ tseleke, is one of the youngest millionaires in the republic of south africa. DJ is the organizer and CEO of the forex broker killer institution, which deals with forex trading. The young man claims that he became interested in forex trading after hearing about forex from a friend at high school. He also mentions that he entered the business in april 2016, and this is when his success started.


After thoroughly researching the area, he realized that he could earn much more; the only thing he needs is time. So, after trading on forex for a while, he founded the forex broker killer institution and started to make big money while sitting at home.


#2 – george soros


“I never play within the same set of rules but always try to change the rules of the game by adjusting them to myself.” such a trading approach has made george soros extremely successful. Soros created a new method of trading, calling it internal arbitrage – selling separately combined securities of stocks, bonds, and warrants before they could be formally separated from each other.


The Most Successful Forex Traders in South Africa, mmutlane traders.


#3 – stanley druckenmiller


Stanley freeman druckenmiller is considered one of the most successful executives on wall street. His personal fortune is estimated at $2.8 billion. “the most important lesson I have learned at work with george soros is that it is not at all important whether you are right or wrong. What makes sense is how much money you have earned when you were right and how much money you have lost when you were wrong.” this is what druckenmiller says when he talks about his attitude toward forex trading.


“my strength is economic forecasting, but that only works in free markets. This is how I have started. I watched the stock market, checked how stocks reacted to changes in different levels of economic activity. This is how I had understood how price signals work and how to predict them.”


#4 – bill lipschutz


“it is not enough to be a genius – successful forex trading requires hard work. It is also a mistake to focus only on making money. Truly successful traders treat money as a way of keeping an account and get deep satisfaction from trading itself.”


Successful traders like krieger are always looking for new opportunities and revolutionary forex trading software in south africa or other countries; they never take their eyes off the latest developments on forextime. At the time of his trading activity, krieger’s methods were unique and effective. Only a few traders could understand his complex trading approach.


#5 – bruce kovner


In 1977, bruce kovner made his first deal. He used his personal credit card to invest $3,000 to buy soybean futures contracts for a $20,000 profit. In 1982, kovner founded the investment company, making it one of the most successful hedge funds in the world with over $14 billion in assets. In 1987, investor income reached the level of $300 million. The fund’s profit and management fee split between commodity and currency positions have made kovner one of the largest players in the forex world. Bruce kovner is one of the world’s leading traders in the interbank foreign exchange and futures markets.


Inspired and motivated?


All of these famous traders in our review have one thing in common – they all benefited from their innovative trading approaches. Combined with their confidence and an incredible appetite for risk, their trading methods have made them the best and wealthiest investors in history.



Forex traders share the act


“there is nothing I cannot afford. I can afford anything … this is the best lifestyle-dream I could ever think of,” boasts kgopotso mmutlane — or DJ coach tsekeleke as he is better known — on his reality show FBK millionaires.


“I am a proud millionaire, but you cannot see it until I tell you,” the foreign exchange (forex) trader is quick to point out, however.


The show, which aired on youtube before getting a platform on dstv’s moja love channel, features the lives of a group of seven forex traders who call themselves the forex broker killers (FBK).


Members of FBK, the brainchild of mmutlane, are more than happy to share their envy-inducing lifestyles — complete with fancy cars, luxury homes and stacks of cash.


Viewers can live the high life vicariously as they watch the seven young men show off their girlfriends, parties and flashy rides — cars such as an audi S3, VW golf gti and mercedes-benz AMG which carry price tags ranging from R600 000 to R1-million.


The show, which is currently suspended because of “technical issues” after airing just four episodes, does beg the question: just how does FBK make money?


Mmutlane says the group has accrued its wealth through trading in foreign currencies. He says they operate as a legal entity under mmutlane traders, which offers trading “strategies” through FBK online services.


When the mail & guardian asked the financial sector conduct authority (FSCA) if mmutlane traders and FBK online services are registered, a spokesperson said: “no, there is currently no record of the entities mentioned as authorised financial service providers (fsps) nor a representative of an authorised FSP.”


Any entity or individual rendering financial advice and intermediary services as contemplated and defined in the financial advisory and intermediary services act, 2002 — which regulates and provides a code of conduct for fsps and their customers — has to receive authorisation from the FSCA.


Once authorisation is granted, the body, which governs market conduct, issues a licence under the act.


When asked if he is registered, mmutlane said people who need to register are those who are offering financial advice or investing people’s money and he does not do that.


“remember, what I do. I do not teach people how to trade. If you come to me and you want to learn, I will point you at the material you can use,” he said.


Mmutlane says, what they offer are strategies, and it [mmutlane traders] is not a financial institution.


“what I offer is the strategies which I founded,” he adds.


Its website, fbkonlineservices.Com, says the group does not offer investments, account management and physical classes. Punters who go to their website to try and turn their fortunes around will find a free PDF that offers general knowledge about forex trading.


Those who want more than just general information, can purchase mmutlane’s strategies, which comprise a PDF and videos and can sell for as much as R21 000.


“you pay for the strategy, do your own research and look for a broker — who is the middleman and will let you meet the market,” said bethuel mofetekoa, a member and manager at FBK.


FBK recommends metatrader 4 as its preferred platform.


Investopedia, a website focusing on investing and finance education, says traders have to go through an intermediary such as a forex broker to execute trades.


Mofetekoa says after a trader has established which broker they want to use, they can then choose the currency they want to trade in, after which they choose the amount they want to put in and start trading.


Asked by the M&G if he participates in scamming, mmutlane said “obviously no”, adding that he only provides guidelines to those who need them and does not trade on behalf of anyone.


The M&G asked the FSCA if the packages and strategies the FBK provide are legal.


It responded by saying that the financial advisory and intermediary services act required authorisation. To conduct unregistered business would therefore “contravene south african financial sector laws”.


The FSCA says anybody may trade in “foreign currency for themselves as long as they have the relevant skill and knowledge”.


As long as a person does not provide financial advice they can independently trade using licenced platforms such as standard bank’s webtrader, sanlam itrade or PSG online.


FBK’s website states it is monitored by sihle investment consulting, but provides no details who this might be and how it can be contacted.


A google search shows that the company is based in soshanguve, pretoria, and specialises in financial planning, accounting and taxation services for personal and business needs.


The M&G contacted sihle’s founder and chief executive, sanele msibi, who said he has been working with FBK for two weeks and his job is to make sure the group comply with the law when dealing with customers and money-related matters.


He said that so far he has found loopholes when it comes to disclosures (what they tell the client before they actually sign), which can “come back to bite them”.


Mbisi said the way in which FBK offers its one-minute strategy is not fully compliant with the law.


“that is also one other thing [where] we need to make a clear distinction,” he said.


He said FBK does not fully comply as it still needs to indicate that what it offers is “just a forecast on what the market is going to do and people should consult their financial adviser before acting on such information [which is] not intended to be used as financial advice”.


The M&G has been informed FBK millionaires is likely to be back on air at the end of october — perhaps it will be fully compliant by then.


Tshegofatso mathe is an adamela trust business reporter at the mail & guardian


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Forex broker killer – what is all the fuss around him? – ( reviewed ) 2021



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What is forex broker killer?


FBK online services is an online forex strategies provider, who only offers members fundamental forex strategies which have been founded by coach kgopotso mmutlane, who has over 4 years of experience in trading forex markets.


Who is forex broker killer?


Kgopotso mmutlane is one of the youngest and most successful forex traders in south africa and is best known for his claim that forex trading has taken him from living in a shack to being a two-story homeowner. The 23-year-old is more popularly known as DJ coach tsekeleke and is amongst the youngest millionaires in south africa, thanks to his trading and entrepreneurial skills. When it comes to south african forex millionaires it is hard to give them a miss as he is brilliant south african forex trader that serves as an inspiration for especially the younger crowd who want to join the industry. Kgopotso’s desire to excel was the driving force for all he has achieved over the years and his story will help other traders understand a few things about forex brokers in south africa.


Tsekeleke was born in a small village, motodi near burgersfort in limpopo, south africa and he is the founder and CEO of forex broker killer institution. Tsekeleke is also an author, a serial entrepreneur, a trader, and philanthropist in addition to being one of south africa’s youngest self-made millionaires. He studied and became an expert in forex south africa trading and he has an outstanding knowledge, faith, and experience in the trade despite his young age.


From expensive cars to a desirable bungalow, his instagram posts make it clear that the young trader lives a great life which can only mean that he is making some great profit from his trade in order to sustain the lifestyle.


The foreign exchange market is the largest financial market in the world with over $6 .5 trillion and well known for its high-risk nature, and high capital requirement. For this reason, it is mostly traded by banks and large corporate companies. But DJ coach tsekeleke has said to have simplified it and made it more affordable by giving free seminars and affordable classes.


forex is 90% risk, you will lose all your money, soon or late as the broker already knows how to play with your emotions and if you chose fundamental analysis, you fall within the 5% of the total winning side in the forex market. It all depends on the decision you take, always remember any mentor who has a relationship with any forex broker is a sell-out! Truth be told,” said DJ.


“we have real forex traders and we have instagram traders, there is a huge difference between the two. Forex traders teach beginners the reality of forex, which is identifying the real enemy (forex brokers) and you will understand how the market operates, while instagram traders always take you to certain brokers with weird links, that’s how your money gets chowed, you don’t lose they just take it.”


What is forex broker killers net worth?


His exact net worth is unknown, but according to a youtube video posted by the coach himself, at one time his FNB bank account stood at a staggering R40 million.


Another trader once complained online about losing 4000 rands on forex on a post made by FBK and the couch replied by saying that forex needs patience, he personally has lost over 40 million trading forex. His house is worth around 5 million and with 22 cars, he probably has a lot more in his account. However, it’s super difficult to come up with an estimate of his wealth. He is known for sending random e-wallets to students and giving them large amounts of money, and on one occasion he was on the streets and handing out money. He once paid an amount of 23 thousand rands cash from his own pocket for a car service on one of the episodes in his popular reality show.


Forex broker killer DJ coach


During a recent interview he said that he always wanted to become a professional DJ. However, his parents who believed that this profession was against his christian upbringing, did not approve. He used to sneak away to go and DJ without the knowledge of his parents and the locals enjoyed his mixes hence he the nickname – DJ coach tsekeleke.


DJ coach has released a couple of songs featuring other artists.


Forex broker killer reviews


Multiple reviews have been done about DJ coach tsekeleke but traders will have a hard task to find any review that does not feel staged or untrustworthy. Many critics have called DJ coach out as a fake, claiming he is faking his lifestyle and most people believed in him but that changed when he was interviewed on radio and was asked on whether he is a millionaire or not, his answer: I am an aspiring millionaire, but he had claimed to be a millionaire multiple times.


However, the interviewer asked again to get clarity:


Interviewer: so, you are not a millionaire?


Kgopotso mmutlane answered: no, I am not.


This made a lot of people sceptical of his wealth and he has been lowering the amount charged for joining the FBK mentorship, at some point he gave a 95% discount. To some this made him look desperate yet some still look at it as a kind gesture. DJ coach has also said that not all the cars belong to him but they belong to the whole FBK family. The rest of the forex mentors have also been called out for being fake.


According to him, he is only ‘hustling’ and not yet a millionaire. ‘tsekeleke’ who’s known for his ‘one minute strategy’ forex trading technique told the phat joe and the family hosts that he’s only ‘a millionaire under construction’.


So why is this news?


DJ coach and his team are very well known for publicly displaying their extravagant and expensive lifestyle showing off cars, houses, and money on their social media accounts – all associated with their forex trading lifestyle. And thousands of young south africans have invested a large sum of cash in coach and his ways in an attempt to live the same lifestyle as displayed by their mentors.


Despite many users who are arguing that their lifestyle is ‘fake’, coach keeps giving more and more statements and posts to showcase that he really owns everything. Tsekeleke’s denial to be a millionaire in turn raises a lot of questions on his current lifestyle and the properties showcased as his own. The houses and cars displayed on the team’s social media pages are worth a couple of millions rands. Kgopotso told the radio 2000 listeners that he doesn’t own the 22 cars. He counts cars as a collection, including those of his parents, family, and partners. “the whole story is to inspire and not to impress”, tsekeleke said.


So, how much does DJ coach make on forex?


According to coach he only makes about between a thousand or ten thousands rands, depending. Sceptical to those who has seen him trading live and make tons of cash on videos shared – which in turn also raises concern to the legitimacy of his trading videos and the values shown.


Why then, is the show called FBK millionaires?


According to the trader, the name was suggested by the TV channel, and not by him. The 24-year-old trader told the listeners – “it’s the channel that decides on the name and stuff, but they know our version that we are millionaire under construction”.


Considering the platform standard of the SABC radio 2000, it would surely not be wise to tell recorded lies but it is much easier to lie on the streets and social media. Moja love TV has cancelled the reality tv show without any notice and fans and followers of the show where shocked when seeing that the upcoming series will not be aired. Tsekeleke in turn told his followers that the show was cancelled because they lost their record tapes of the shows and did not have time to record others.


Forex broker killer institution


The forex broker killer institution can be accessed by the official FBK website (https://fbkonlineservices.Com/). FBK online services is an online forex strategies provider, who only offers members fundamental forex strategies which have been founded by coach kgopotso mmutlane, who has over 4 years of experience in trading forex markets. The forex broker killer institution does not teach people how to trade but does offer general forex information which beginner traders can use to learn about forex, in the form of a free pdf available on the home page. FBK online services is owned by mmutlane traders pty (ltd) and is not a financial service institution and does not provide account management or investments. The only information available to traders who are not signed up to the platform via the method of payment is the pdf overview of what forex trading is as a whole.


Signing up costs can be as little as R600 on a special offer and up to R5000 or more when the offer ends.


Forex broker killer one-minute strategy


This forex broker killer one-minute strategy is based on the performance of existing members, who are using the forex one-minute strategy in conjunction with a modification’s strategy. The FBK team always say – “don’t judge us on our performances but our students performance” as forex is not a get rich quick scheme and traders need to understand fully what they will become a part off when looking into forex trading and also understand what they doing before getting started.


Lifetime signals, life time mentorship, and the newly improved one-minute strategy plus modifications of the one-minute strategy are only available to traders after joining the forex one-minute strategy platforms.


For traders who wants more information in regards to the forex minute strategy or modifications can contact the coach and his team via a multitude of platforms.


Facebook: forex broker killer edition


Instagram: forex broker killer edition


Call or whatsapp 060 929 4089


Forex broker killer strategy


A free online lesson is made available in video form for beginner traders but all strategies are reserved for paying clients.


Forex broker killer app


Contrary to popular belief – FBK does not offer any form of mobile app available.


Forex broker killer app for download


As stated, there is no mobile app on offer via FBK and through confirmation with the company’s customer service department, and such claim is untrue and should be noted as a possible scam and be brought under the attention of the coach and his staff.


Forex broker killer videos


FBK millionaires


FBK millionaires has gained huge popularity and a massive following in south africa over the past couple of months and FBK millionaires has their own reality show which airs on youtube and was once aired on moja love. This millennial has also been seen on youtube doing the most. He has had an interview with samke mhlongo, among others, where he was invited to talk about forex broker killer.


In conclusion


Trading in the foreign exchange currency market has become a popular pursuit for many market traders, especially amongst the younger crowd. As a result, a massive number of commercial products have surfaced to fill the information gap about how to use this trading market to make as much profit as possible. One of these tools is the trading software known as forex killer promoted by andreas kerchberger – a software which works by providing a signal designed to catch the trading trend.


The only catch is that traders need to know what they are doing in order to allow the software to help them make a profit. Those inexperienced in forex trading, shouldn’t fall into the false assumption that all they have to do is listen to what the forex killer software recommends and follow its advice. It is very easy to be back into a bad trade as it is to find a good one. Having a solid foundation in forex trading will help traders to be cautious when using any kind of mechanized system.


While forex killer is frequently successful in finding a trend, it does at times give signals too late for the trader to comfortably make a decent profit and this is where trading experience comes in. This is why so many people are not particularly impressed with this software, the coach and his crew. It doesn’t tell traders anything more than what their knowledge of the charts and so forth have already disclosed. What this means is that once the trend has been identified and the trade made, the trader should be knowledgeable enough to be able to check the charts for any major levels of support or resistance which the trade may encounter. Without being able to make these critical determinations regarding the support and resistance of price levels, a person could quickly find themselves in a losing position.


So, for beginners only beginning currency trading in particular shouldn’t fall into the trap of thinking that this software is going to be able to save their investment by always giving them timely information that will allow them to exit a profitable trade in time to preserve its profit. Traders may on occasion have to rely on other resources (in particular, past trading experience) to give you a heads up, according to research in south africa.





So, let's see, what we have: here, we have compiled a list of the best forex traders. Some of them are surprisingly modest, while others demonstrate their success in public. At mmutlane traders

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