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Zero to Hero is a Forex signals website owned and run by a team of U.K.-based Forex traders. The site offers a paid trading signals subscription service, covering Forex currency pairs and crosses. The fee for forexee the signals service is $97 per month and it is possible to request a free 7-day trial. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.

He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. The signal accuracy has been impeccable, there are less signals than I expected but the current market conditions are difficult. I would rather get a few winners than a load of losers anyway.

Add to that the fact that IG is publicly traded and well capitalized, and you can see why we rank IG so highly as a trusted forex broker (with a Trust Score of 99). Forex brokers must be licensed and authorized as FSPs with the FSCA in order to legally offer forex trading in South Africa to residents. It’s important to choose a broker regulated in South Africa to reduce your chances of falling victim to potential scam brokers (learn more by reading our guide to avoiding forex trading scams). In some cases, forex brokers that hold similar licenses in other jurisdictions may be tolerated by the local regulator, even if the broker isn’t directly regulated by the FSCA. Just signed up for the signals last week from zero to hero.

IG also consistently ranks highly across a range of key categories that we factor into our forex broker reviews. With an excellent suite of mobile apps and platforms, brilliant trading tools, and access to nearly every global market, IG is our No. 1 pick in South Africa for 2023. Read our full-length review of IG to learn more about why we consider IG to be an excellent choice for forex traders. On average, the service provides between 4 and 10 complete Forex signals on each weekday when major markets are open. The signals are usually in the more major currency pairs and crosses, mainly trading the major FX pairs such as, EUR/USD, GBP/USD, USD/JPY, USD/CAD, USD/CHF, AUD/USD. They also trade some of the major crosses pairs like EUR/JPY and EUR/GBP.

How does Zero To Hero FX Signals work?

Not every signals service offers a free trial, and we find it a very welcome offering as it allows traders to see not only if the system works, but if the style works for their specific needs. Additionally, the myFXbook results provided can help traders really see what . In 2023, Tickmill is the most affordable low-cost broker in South Africa for forex trading.

ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. I am very happy with my membership, the service has been amazing throughout especially as I was a newbie, everything was explained really well and clearly and they made me feel at east the whole time. I will be sign up again next month in a heartbeat, there was nothing I cant fault what so ever. Every day Zero To Hero FX Signals analyse and re-analyse the technical and fundamental pressures on the major currency pairs. They use this information to try and select trades for the Zero To Hero FX Signals trading fund.

Most of the same features in FT4 are in 5, so if you want to learn about more of the features in Forex Tester, then see this review. Since I don’t use many indicators, if at all, this isn’t a problem for me. If you are concerned about this, be sure to download the demo below and test the speed for yourself.

Best Forex Brokers South Africa for 2023

We transform the Status Quo for most of the Signals of Forex Trading. Another thing that isn’t optimal in FT 5 is that the playback can get really slow if you have certain type of indicators on the chart. Obviously there’s the Risk/Reward tool bug that I mentioned above. There are many circumstances where you really do need to know how to code, or hire a programmer to do it for you. It’s been available in previous versions, but I want to point it out here because it really helps.

The signals are not published anywhere individually for reference. This means that you can receive a signal, take the trade right away if you wish, and then in “set and forget” style, forget all about it! Although every signal has an entry price, they are given “at market” so are effectively “enter at market”. Zero to Hero recommend waiting for the price to return to the entry price before entering, or at least making sure it is less than just a few pips out. From among all forex brokers that accept clients in South Africa and that are regulated by the FSCA, IG is the best forex broker for beginners in 2023.

Check out our popular guide to forex trading for beginners. Our beginner’s guide provides excellent resources for newer traders and will introduce you to forex brokers that are great for beginner forex traders. Zero To Hero FX Signals are provided by a team of forex traders with experience trading.

Great Experience

I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! When choosing any forex signal service, the first things that I would look at would be if they are publishing any real verified results. Without these, we will not have any idea of how the Zero To Hero FX Signals may have performed historically speaking.

• There are many circumstances where you really do need to know how to code, or hire a programmer to do it for you.
• I would think that any forex trading signal service should at a minimum provide potential users with real verified accounts that are up to date.
• Backtesting is one of the best ways to develop and practice a Forex trading strategy.
• It looks very similar to the “ribbon” menu in Microsoft Office.

As the name suggests, this is a forex signal service that gives you trading signals so you do not need to worry about conducting market analysis yourself and thus requires no prior forex knowledge. I would certainly verify all signals before placing trades and make sure I am happy with them. Zero To Hero FX Signals is suitable for both beginner and advanced forex traders. In this Zero To Hero FX Signals Review, we will take a look at exactly what it can do along with some of the key features. This can then help you decide whether the Zero To Herocopy trade solution will fit within your individual investment goals.

Learn to trade forex & stocks

I am nearly 3 weeks into my membership and the signals have been great. Some signals come at night which is a bit difficult for me but I have adapted. Bert has gone beyond expectation to help me with other smaller matters like dealing with brokers so I am very pleased and would recommend. It is a nice way for those of us who know too little about how all this works. It is a nice foundation to learn more before a person actually starts trading.

Overall I got myself a bargain for the price, brilliant signal. The experience at Zero to Hero was great because of the FX signals and the help I got from the trader Bert. Note to Yahoo though – if you stop putting all the Forex signals into spam that could make things easier!

That being said, the “trend indicator” feature is extremely valuable in showing how financial and political news affect the markets. Overall, I think there can be some potential when using the Zero To Hero FX Signals, but I do think that it will require some user initiative to help try and maximise its potential. There are also many other forex signal services out there which do something similar, if not better.

I wasn’t particularly impressed with the original beta VSB tool, but you can give it a try and decide for yourself. In all fairness, I haven’t seen a no-code tool that can create complex programs, so EFB is not alone in this regard. They do have a free version that allows you to download 2 strategies/indicators per month.

Compare South Africa authorised forex and CFDs brokers side by side using the forex broker comparison tool or the summary table below. This broker list is sorted by the firm’s ForexBrokers.com Overall ranking. The trading of forex (currencies) in South Africa, already popular, became even more robust after the onset of the Covid-19 pandemic, as a potentially lucrative practice that could be pursued from home. Several international brokers reported jumps in business beginning in 2020.

Want to learn more about what goes into the very best mobile forex apps? Check out our comprehensive guide to the best forex trading apps. Yes, forex trading is legal in South Africa when you trade with a broker that is properly licensed by the Financial Sector Conduct Authority (FSCA). We use dedicated people and clever technology to safeguard our platform. You can talk to any of FBS, IC Market, LMFX, FXPro or IronFX representatives to confirm and verify our performance. By providing outstanding value, clarity and performance we’ve transformed losing traders into winning traders.

Tickmill’s PRO account requires just a $100 minimum deposit, and features the broker’s lowest spreads and commissions. Based on average spread data provided by Tickmill for August 2022, average spreads to trade the EUR/USD hovered at just over a tenth of a pip (at 0.11 pips). With the round-turn commission of 0.4 pips ($2 per side) the effective spread (or, all-in cost) at Tickmill is a staggering 0.51 pips – which is among the lowest in the industry.

This exacting analysis of more than 100 variables includes our proprietary Trust Score (more on Trust Score below). Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.

Check out a gallery of screenshots from IG’s trading platforms, taken by our research team during our product testing. Founded initially in 1990 as the Financial Services Board (FSB), the South African financial markets regulator was rebranded as the Financial Sector Conduct Authority (FSCA) in 2018. South Africa’s regulatory apparatus is known as a twin-peak regulatory system.

I’m honestly a twit when it comes to financial stuff, but I’ve always wanted to understand the financial news better.

One “peak” is the FSCA, which regulates financial market conduct. The other “peak” of this twin-peak system is the South African Reserve Bank (SARB). https://forexhero.info/ The SARB is responsible for the Prudential Authority (PA) which regulates financial conglomerates and cooperatives, insurance companies, and banks.