Discretionary trading
DayForex is a authorised discretionary financial services provider (FSP) in terms of South African regulation. #15315.
DayForex manages forex investments on behalf of investors with carefully chosen counter parties in well regulated environments.
Our authorisation in terms of South African regulation attests to our experience and expertise in this regard.
Our authorization can be verified on the website or via the call centre of the FSB. www.fsb.co.za
Non-discretionary Trading services
DayForex is a value added reseller and
Introducing Broker for online forex trading. We can introduce you to
several carefully chosen online forex clearing brokers in well-regulated environments.
DayForex offers a unique forex trainig programme in the form of an ongoing mentoring programme.
Dayforex caters for both individuals and financial markets professionals looking to enter the forex market.
Dirk du Toit, the CEO of DayForex, holds the internationally
recognised International Capital Markets Qualification, offered
by the Securities Institute of London, which also qualifies him as a
Registered Person by the South-African Institute of Financial
Markets. This can be verified by contacting the FSB. www.fsb.co.za
Dirk is the Chairman
of the Forex Investment Association which is playing central
role in regulating forex investments, forex advisors and
intermediaries in South Africa. This can be verified by contacting the FSB. www.fsb.co.za
The South
African Institute of Financial Markets, offering the authoritative
Registered Persons Examination has chosen Dirk’s "Introduction
to the Forex Market – A South African Perspective” as the official
Study Guide for the RPE. This can be verified by contacting the SAIFM on www.SAIFM.co.za
Contact details
Register with us and we
will get in contact with you; or
E - mail: info (at) dayforex dot com
RISK WARNING :
Customers should be aware of the risks associated with over-the-counter, spot Forex trading. In the off-exchange market, also called the over-the-counter market, a retail customer trades directly with a counterparty and there is no exchange or central clearing house to support the transaction. Forex trading can be highly speculative in nature, which can mean prices may become extremely volatile. Forex trading can be highly leveraged. Since low margin deposits normally are required, an extremely high degree of leverage is obtainable in over-the-counter trading. A relatively small market movement will have a proportionately larger impact on the funds you have deposited. You may sustain a total loss of your funds. Since the possibility of losing your entire cash balance does exist, speculation in the over-the-counter market should only be conducted with risk capital you can afford to lose and which will not dramatically impact your lifestyle.
Leverage risk
Forex trading can be highly leveraged. Since low margin deposits normally are required, an extremely high degree of leverage is obtainable in over-the-counter trading. A relatively small market movement will have a proportionately larger impact on the funds you have deposited. You may sustain a total loss of your funds. Excessive leverage increase this risk.
