Africa’s first forex trading retail lounge opens in South Africa
Africa has recently caught the attention of international forex brokers all setting offices in South Africa. South Africa is the largest economy on the continent, home to the most sophisticated, vibrant, constantly developing financial market.
The forex (FX) industry has been surprisingly slow to identify this opportunity but this is already changing with the first retail forex CFD (contract for difference) lounge recently opening at the heart of Sandton City, Johannesburg, which is a hub embodying wealth and synonymous with big business in South Africa.
Unveiling of the new lounge follows the Tyger Valley lounge (Cape Town). As Uprise Markets launches retail forex CFD lounges, expectations are high that this will boost the brand’s entry into the South African market.
The lounge concept is ground-breaking and a most highly anticipated opportunity for retail traders from all walks of life to be welcomed for training.
Their roll out emboldens the company’s pursuit to become the leading competitive brand in the increasing forex CFD trading market in South Africa and Africa.
“One thing is certain, succeeding as an Online Forex broker in 2017 and beyond will require creativity, bravery and a pioneering spirit as diversification is rapidly becoming a critical success factor. We are very excited to have a face-to-face interaction which is “the African way” for doing business”, says Tabz Qadir, acting CEO Uprise Markets.
By taking what is predominantly an online industry trend and bringing it into the bricks and mortar world of retail through opening up branches in major malls and business hubs across South Africa, Uprise markets is revolutionizing CFD trading in South Africa and setting the pace on the African continent.
“Uprise Markets offer a simpler way to trade forex, commodity, share and index CFDs. Our lounges, the first of their kind in South Africa and Africa, facilitate training, new clients, queries, support and a comfortable spot to trade from. Clients can learn to trade without any prior financial knowledge”.
“We offer a beginner-friendly, FSB-regulated CFD trading environment that focuses on learning and development to help our clients grow,” concludes Qadir.
