Forex traders share the act

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

“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.

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

“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.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.

 

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That's sin of black child, you will have money they want to know the source of your income. In their eye black should not be rich.

Neville10

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