Photo Gallery: Premier IBs and Traders Conference in South Africa

Scandinavian Capital Markets had a successful conference for premier IBs and Forex traders in South Africa, Johannesburg. The event featured organizers and guests speakers such as Michael Buchbinder (Scandinavian Capital Markets), Nick Sproule (Blackstone Futures), Francis Hunt (the Trading Sniper), Stephen Nefdt (Forex Wealth), Richard Goers (ML^ Predictive Analytics Trading), Robert Lotter (SetBot) and others.

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Forex Educators and Websites Each Pro Trader Need to Check

Forex trading is a very broad field. It includes a wide variety of instruments, trading strategies, Forex brokers, and trading platforms. No matter how much experience you or your team have, all Forex traders should constantly be looking to broaden their knowledge.

There are a number of Forex educators and online Forex education websites that make it easier to learn the ins and outs of Forex trading. With these resources, beginner and advanced traders alike can learn new information and improve their skill level.

To help you narrow down your options, we’ve compiled some of the popular Forex educators and websites available. These options offer the tools and learning materials to help your team become better Forex traders.

Why You Need Educators

Why bother seeking help from a Forex educator?

While your team may be very experienced, they can never stop learning. A Forex educator can help you:

Find the Right Information: With so much information available, it can be difficult to determine what is worth spending time on. There is always a new strategy, broker, or trading platform to learn about. A Forex educator will help you learn the information you need to know to be a skilled Forex trader.

 Learn Effective Strategies: Forex trading often involves losing money as you test different strategies. A qualified educator will help you learn effective, proven trading strategies.

Build a Foundation: Forex educators will provide your team of traders with a solid foundation to build off of.

Learn From Someone With Experience: One of the best ways to learn how to do something is to learn from someone with experience. These Forex educators can teach you the methods that have worked for them and help you avoid some of the mistakes they’ve made throughout their careers.

Ultimately, Forex educators compile the information you need to improve your Forex trading capabilities so that you can spend less time scouring the internet and more time trading.

What to Look For & Avoid

There is no shortage of Forex educators and education sites available online, making it difficult to know which ones are worth your time.

When determining which educator to go with, there are several factors you should consider before making your final decision.


Always read customer reviews before choosing a Forex educator.

Reviews can tell you what you will learn from the educator, whether or not it is worth the time or money, and if the program is a scam or not. Be sure to look for programs with a high number of positive reviews to ensure that the educator is qualified.

Educator Success

Would you take driving lessons from someone without a driver’s license?

Qualified educators should have demonstrable experience and success as Forex traders. Knowing that your educator has had success as a trader will help ensure that the strategies and other information you learn is effective.

Student Success

Student success is just as important as educator success. While many educators have had success themselves, that doesn’t necessarily make them good teachers.

Read testimonials and reviews to ensure that the students of any given educator have had success themselves. This is a good indicator that the educator is not just knowledgeable, but is also an effective teacher.

Certifications & Accreditation

Certifications and accreditation are yet another measure of experience and qualification.

Look for educators that have certifications that back up their experience. This could include Chartered Financial Analysts, Financial Risk Managers, Chartered Market Technicians, and other accreditation.

Professional Website

A professional website is the first sign that an educator is professional and takes their profession seriously.

In this day and age, there is no excuse to have an outdated, unhelpful website. Any educator worth your time will have made the effort to create a modern and informational web page.

Lawsuits & Scams

Be sure to do thorough research on any educator to ensure they haven’t been the subject of any lawsuits.

Also, carefully read reviews to see if any of them indicate that the educator or website has scammed any customers or participated in any other fraudulent behavior.

Popular Educators

To help you find the right educator for your team, we’ve compiled a list of a few of the popular Forex educators available.

These educators are experienced, reliable, qualified, and have exceptional customer satisfaction.

Rayner Teo

TradingwithRayner, by Rayner Teo, is one of the best and most popular Forex trading education programs available.

Rayner Teo will teach you everything you need to know, from trading strategies and risk management to technical indicators and more. He’ll also recommend other reliable resources, like books, group coaching sessions, and other trading tools.

One of the biggest downsides, however, is that Rayner hasn’t proven his success as a trader. While many of his students testify to the quality of his program, there’s no telling whether or not he has been able to successfully apply his teachings.


  • Free resources
  • Honest about expected results
  • Access to a large community of Forex traders
  • Positive reviews from students
  • Weekly market commentary
  • Live webinars
  • Effective trading strategies.


  • No proven personal success
  • Needs more trading examples
  • Some of the paid material is available for free

Sam Seiden

Sam Seiden is the Chief Trading Strategist and Instructor at Online Trading Academy. He has experience trading Forex, equities, futures, interest rate markets, and more, and has used his experience to teach others how to be successful Forex traders.

Sam is famous for his original supply and demand market timing strategy. One thing that sets Sam apart is that he does live trading to prove the efficacy of his trading strategies.


  • Proven personal success
  • Effective trading strategy
  • Impressive background
  • Positive reviews
  • Free resources


  • Not much variety, focuses on one strategy
  • Difficult strategy
  • No trading community

Navin Prithyani

Navin Prithyani is the founder of Urban Forex — a highly-reputable Forex training program.

Prithyani is a very successful educator who has been awarded by FXStreet and Udemy for his high-quality training webinars and courses. In his years as a Forex trader, Navin has had several different mentors and has compiled what he has learned into digestible training courses.

Urban Forex will teach you the basics of Forex trading, how to trade based on price action, how to perform technical analysis, and much more.


  • Highly-recommended by students
  • Qualified and reputable educator
  • Effective strategies
  • Good for beginners and advanced traders


  • Courses can be expensive
  • Some students reported poor communication
  • No trading community

Francis Hunt

Francis Hunt, founder of The Market Sniper, has over 30 years of experience as a professional trader and is the creator of the Hunt Volatility Funnel trading methodology — a system for determining the next most profitable trade.

Francis created The Market Sniper community to teach traders his HVF trading methodology and to give traders a place to interact with one another and discuss Forex trading strategies.


  • Free introductory materials
  • Free one-on-one consultation
  • Large community of traders
  • Good for beginners
  • Methodology applies to several markets, not just forex


  • Focuses on just one methodology

Dan Blystone

Dan Blystone is a very experienced trader who started his career on the Chicago Mercantile Exchange, later going on to trade Bund Futures at Altea Trading.

Over a decade ago, Dan founded, a website where he covers a wide range of topics relating to trading and financial markets. TradersLog is a free resource that offers a wide range of useful information for both novice and advanced traders.


  • Free
  • Wide range of information
  • Qualified educator
  • Free charts


  • No community
  • No courses
  • No live training sessions

Etienne Crete

Etienne Crete (from Montreal, Canada) is a swing trader, founder of Desire to Trade, trading academy. He helps aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.

Etienne interviews the greatest figures of the trading world and considers it is his mission to help traders implement their advice.


  • Educator talks the reality of trading and does not sell any “get rich in 3 months” scheme
  • Extensive knowledge of trading concepts and strategies
  • Access to professional community of traders


  • Not free
  • Not all courses accessible for all

Education Sites Worth Checking

Elite CurrenSea

Elite CurrenSea provides effective Forex, CFDs & Crypto trading systems traders.

Members get access to price action newsletters, weekly live training sessions, video tutorials, market analysis, free tools and indicators, and more.

There are four different programs to choose from, including a free program for beginners. There are also a number of other free educational resources for anyone to take advantage of.

Elite CurrenSea offers courses taught by Chris Svorcik, creator of the Simple Wave Analysis and Trading (SWAT) method, and Nenad Kerkez, creator of the CAMMACD method.


  • Free trading resources
  • Experienced educators
  • Great customer reviews
  • Live training sessions
  • Great trade analysis


  • Expensive training courses
  • Only two trading strategies


2ndSkiesForex is one of the highest-rated training programs on Forex Peace Army, making it one of the most reputable forex education sites available.

2ndSkiesForex offers a free beginners course along with free educational videos and training sessions.

Once you are comfortable with the basics, you can move onto the paid courses, which include the Advanced Price Action Course, the Advanced Traders Mindset Course, and the Advanced Ichimoku Course.


  • Free beginners course
  • Great reviews
  • Affordable courses
  • Free education materials


  •  Small course selection
  • Advanced Forex traders may not benefit from these courses

Strategic Trading Systems

Strategic Trading Systems offers Forex mentoring programs and forex trading system ebooks to help students develop a strong foundation for Forex trading.

There are four mentoring programs and three systems to choose from — each dedicated to different types of traders. All of the company’s products are under $500, making it one of the cheaper options for traders to choose from.


  • Affordable courses
  • Large number of positive reviews
  • Diverse selection of courses and ebooks


  •  Instructor doesn’t share results
  • No free materials

Forex Mentor Pro

Forex Mentor Pro has long been one of the most reputable Forex trading courses available online.

There are beginner courses as well as more advanced courses which can be accessed with a monthly subscription. Forex Mentor Pro offers three powerful trading systems, great tutorials, daily analysis, and much more.

Forex Mentor Pro is positively-reviewed by customers and is a great resource for novice and advanced traders alike.


  • Great reviews
  • Detailed courses
  • Beginner resources
  • Money-back guarantee


  •  Only available through a subscription
  • Some reviewers reported poor customer service and communication

Trading Heroes

Trading Heroes was started by Hugh Kimura, who wanted to document his trading journey. It is more of a blog rather than education platform, that has valuable articles based on the real experience of a trader, who has been in the industry for many years.

“I don’t pretend to know all the answers, but I whatever I blog about here comes from real-life experiences, conversations with professional Forex traders and my own experiments in trading, both good and bad”, says the author.


  • Based on real experience
  • Great articles, especially book reviews for traders
  • Beginner resources


  • No courses

Free Forex Education: Babypips

Babypips is known in the Forex trading community as one of the best free educational resources for beginner traders. The website makes no assumptions on your trading abilities and explains concepts in a very easy-to-understand manner.

Site members can access trading systems, trade ideas, analysis, quizzes, courses, and more tools. Babypips also has a very large and active community which members can interact with to develop strategies and get feedback.

Babypips is a fantastic resource for any trader looking to expand their knowledge without paying for expensive online courses.

Final Thoughts

Forex trading can be very complex. It’s easy to be overwhelmed by all the information related to Forex trading available online.

However, as a trader, it’s important to constantly broaden your knowledge in order to keep up with the market and your fellow traders.

The educators and websites listed above are great resources to help you and your team learn new strategies and improve your Forex trading capabilities.

Scandinavian Capital Markets Hosts IB Conference in Johannesburg

IB Conference in Johannesburg

With a focus on trust, security, and transparency, Scandinavian Capital Markets brings it’s unique approach to South Africa’s Forex industry.

After a successful summit in London back in May hosted by FinanceFeeds, Scandinavian Capital hopes to continue the trend this November. Attendees were able to take an active part in learning about the changes in the industry.

Takeaways from the London Conference

Participants got to hear a lot about the new waves of technology hitting the markets. Discussions took place on artificial intelligence and quantum computing’s potential impacts on the industry.

Yet, for all the feel-good optimism, there was a noticeable lack of meeting current client needs. Traders continue to pay costly fees for this technology. But, they (and the developers) lack a true understanding of the inner-workings and how to exploit its benefits. Traders and investors debated the question of turning over trading to a machine.

Many understood that while clients enjoy experimenting with the new technologies, they aren’t beholden to broker platforms. Still, many retail traders have yet to improve their potential with technology. This leaves the door open to growing the base through better products and services.

Investors Turn Towards South Africa

Many brokerages hope to replicate the results of Australia in South Africa. The similarities in regulations, along with a mature banking industry make the environment ideal. At the moment, the industry remains dominated by a large IB network. These master IB’s deal with both trading and investment portfolios of large clients as well as smaller towns.

Still, the country faces the same ethics challenges as other countries. They rely extensively on trust between the IBs and the brokers. Any problems with the broker roll up to the IBs. This has led to a few unsavory cases. In one instance a brokerage pushed out IB’s with recurring commissions. They then pilfered the clients, cutting out the IB.

These trust issues make it difficult for the b-book dealing desks. IBs hold little trust as they have little control of their business.

The Johannesburg Conference

Directly addressing these issues, Scandinavian Capital hopes to bring their culture and trust into the market. Their focus on trust is rooted in cultural and personal experiences.

The conference centers on the key themes of:

  • Commissions for IB’s
  • Spread markups
  • Execution quality
  • Availability of all asset classes on an A-book basis
  • How to execute trades fairly
  • Providing clients the right tools via the trading platform
  • Avoiding irresponsible firms in the retail sector

Register Now to Reserve Your Spot

The schedule for the conference on November 16th is as follows:

10:00 Welcome Coffee Reception

10:30 Opening

Welcome speech and presentation about Scandinavia’s premier Forex brokerage – Scandinavian Capital Markets by Michael Buchbinder, Managing Partner

11:30 Panel Discussion

The panel discussion will feature global leaders from the Forex and multi-asset trading industry across all sectors. Learn the essential perspectives from Forex expert Stephen Nefdt, asset management specialist Nick Sproule and professional trading platform developer Richard Goers about the new direction in the Forex business.

Panelists will discuss how you can modernize and move forward for a profitable and cutting-edge future in electronic trading.

Additionally, these esteemed leaders will debate how to meet the needs of modern IBs, who need a transparent and trustworthy brokerage partner and want to be treated as a strategic partner rather than a source of multiple deposits.

The panelists also will discuss how to structure a top-quality, client-focused multi-asset trading solution for South Africa’s retail client base via important strategic IB’s across the country.

12:30 Lunch and Valhalla Experience Presentation by Francis Hunt

14:00 Networking and Open Microphone

Participants will meet over 50 leaders from across South Africa, who were selected from every sector of Forex business to make meetings relevant and efficient.

15:00 Closing remarks from Andrew Saks -McLeod, founder at Finance Feeds, co-organizer, and moderator

Q&A with Francis Hunt

Scandinavian Capital Markets is building a forex Valhalla. The focus of Scandinavian Capital Markets Valhalla experience is the person, not the profit. Other brokerages see traders as numbers on a spreadsheet’s profit center to be milked dry. 

The Valhalla experience, on the other hand, is all about the human side. It starts with treating clients like partners. The entire Scandinavian Capital Markets team works as one to serve them better to help them achieve their goals. Valhalla was designed to help make traders win.

More than just icing on the cake, being located in Sweden allows Scandinavian Capital Markets to provide a high-end experience to clients. The cultural aspects of Stockholm – the food, the spas, the people – are unmatched anywhere in the world.  Sweden offers respite and reinvigoration, just like those ancient visitors to Valhalla. 

Scandinavian Capital Markets is committed to engaging with clients that want service and quality for sustainable business. Imagine flying business or first class to Stockholm, booking an appointment at a nurturing, Swedish spa, and ending your day with a meal at a high-end restaurant and full night of restful sleep. Imagine laying your head on the pillow and knowing your business day ahead finds you working with a team of committed partners, ready to listen and plan with you. Imagine you are once again made whole – you can trust, you can rise again.

Earlier this year, we spoke with Francis Hunt about his Valhalla experience. Francis versatile and experienced trader with over 30 years of experience. As the founder and director of The Market Sniper, Francis and his team use the company’s Trading Metamorphosis Program to help traders from any level and background become successful and financially independent.

Below is our conversation with Francis about his time in Stockholm as one of the first participants in SCM’s Valhalla Experience.

What did you think when you were initially invited to the Valhalla Experience? 

Cautious. There are no free lunches. If people want to get in touch and they want to spoil you and want some of your time, there’s almost invariably another motive involved. So I was cautious if I’m to be totally frank.

Once you realized it wasn’t a scam, what sort of expectations did you have about the Valhalla Experience?

I enjoyed the whole experience immensely. You can become jaded and just reach the point where you want to make money in a business. But so far, all the best intentions seem to be there and the guys wish to execute in that way in a business in terms of their brokerage. So broadly impressed: good people and had a great time. 

What was your favorite part of the experience?

There were a number of aspects. I enjoyed Stockholm. We were fortunate we were going, you know, in the run-up to summer. We had really good weather. It was nice and lovely accommodations. I think Rod Stewart was passing by the same motel at the same time. So I’m really grateful for the quality of accommodation. We had a good chats, and it was nice just to see the place. 

What surprised you what was unexpected about the Valhalla Experience?

I have to say probably Sweden just isn’t one of those places that I might necessarily have gone because I’m a sort of a sun seeker. So I was pleasantly surprised by the weather and by the geography and affluence. It’s was an interesting area and people.

Is there anything else you really enjoyed about the experience?

It was nice to meet Nathaniel, as well as Michael and Arif. It was very interesting to learn about the aspects of Socializing and how that works [in marketing]. So it was intellectually interesting. It was emotionally pleasing, and the people were pleasant. I felt well looked after, and I appreciated that – the guys showed great form. We enjoyed taking them out for a reciprocal dinner when they came our way just to thank him.

Any last thoughts?

I think it’s very smart that Scandinavian Capital Markets has positioned itself on the doorstep of the EU. That they are of Europe while not being bound by Europe, and are therefore not beholden to the EU restrictions. I think there’s some good strategic structural planning and leveraging the legitimacy, like the credibility of the Volvo – the safe call of the Scandinavian markets while being outside of the choking restrictions of the EU. 

Francis Hunt Talks About Valhalla

Gone are the days of risky trading partnerships and shady brokers. The future of Forex casts aside dishonesty and subterfuge in favor of transparency and integrity. Thanks to Scandinavian Capital Markets, Forex traders can feel safe, protected, and supported as they become a part of the Valhalla experience.  While other brokerages might treat their clients as numbers on a spreadsheet or as a profit center to be milked dry, the team at Scandinavian Capital Markets works as one help traders achieve their goals. The Valhalla Experience enables everyone to be a winner, by providing a high-end, concierge-level trading experience.   

By way of introduction into this new era of Forex trading, Scandinavian Capital Markets invited some of the top names in Forex trading. With opportunities to spend one-on-one time with Scandinavian Capital Markets founders Arif Ahmad and Michael Buchbinder, these lucky individuals are able to see how Scandinavian Capital Markets differs from the average Forex brokerage. From dinner with the team to tours of the office, and much needed r-and-r amongst the restaurants, spas, and sights, Vahalla participants get a bird’s eye view of the inner workings, and future aspirations, of Scandinavian Capital Markets. 

Meet Forex Expert Francis Hunt 

With over 30 years of experience, Francis Hunt prides himself on teaching his trading methodology and building a supportive community of like-minded traders. In fact, Francis established as an educational company designed to provide retail traders & investors with a proven, rule-based, approach to trading while also helping them foster a deeper understanding of markets and price behavior function. 

Because Francis understands the need for positive reinforcement in the often lonely, and sometimes hostile, the world of Forex trading, he was uniquely qualified to understand the intent and effort behind the Valhalla Experience. Earlier this year, he sat down with us to share his insights and observations about the Valhalla Experience.

The Macro View

For Francis, trading captured his interest at a young age. After watching his father suffer a long commute from Johannesburg to Pretoria as a state employee, Francis quickly understood that he did want to follow a similar trajectory. “Even though my father gained a high level of seniority at his job I always felt I wanted to do something different,” he says. “After all, we always think we are smarter than our fathers.”

That search for something “smarter” lead Francis to the markets. He found himself fascinated with the notion of leverage and developing an understanding of the greater game at play. He investigated how systems worked from the top level and focused on how the pistons of the global economy vacillate between the flows of trade. “I like the idea of being someone who has a macro view,” he says. “And when it comes to the Forex Market, it’s helpful to approach things from a high-in-the-sky perspective so that you can see all the terrain and watch out things play out.”