Instagram is the most popular source of visual inspiration for forex traders.
Successful traders display their extravagant lifestyles and many beginners are motivated to achieve the same “fame and fortune”.
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10 Best Forex Brokers in South Africa for 2025
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10 Best Forex Brokers in South Africa for 2025
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Official Site
Best Forex Traders to Follow on Instagram
| 💻 Instagram Traders / Accounts | 📌 Instagram Handle | 📊Trading Focus | 📚Key Feature |
| 👤Jason Noah | @jasonnoah_sa | Day trading, Forex | Forex mentor |
| 👤Dewet Willemse | @dwtrader | Nasdaq, ICT methodology | Trading strategy |
| 👤Bandile Lugayeni | @_bandilee | Forex trading, Mentoring | Young trader |
| 👤Ashirus Monhla | @leadership_monhla | Forex trading, Prop firms | Motivational |
| 👤Ref Wayne | @refwayne | Forex trading, Mentorship | Forex pioneer |
| 👤Chantel Snyman | @tradewithchantel | Forex, Educational content | Female trader |
| 👤Andrew Ndalo | @andrew__fx | Forex, Market opportunities | New opportunities |
| 👤Thabani Ngcobo | @thabaningcobo | Technical analysis | Trade setups |
| 👤Andile Mofokeng | @the_goat_andy_za | Forex mentorship | Forex mentor |
| 👤Nkateko Roshny Mathebula | @nkateko_mathebula | Forex, Motivation | Inspirational |
In over just 9 years since its start, Instagram has become a wildly popular photo-sharing app and social network and rivals Facebook in terms of number of users, reaching billions and counting.
So, what makes Instagram a runaway hit across the globe? Well, there are a lot of reasons which will get into a little later on but one thing is for sure – it is a huge hit amongst millennials and Gen Z users who love to take photos and follow just about everything.
The trend is so contagious, that even users from the “old school” generation are getting involved!
For any beginner in any field, it is always a good idea to learn from more experienced players in the game, regardless of which domain they may belong to.
And, forex is no different. Traders can learn a tried and trusted trick or two, hone their skills at analyzing the market, and much more by following the right people on social media
10 Best Forex Traders to Follow on Instagram – A Quick Overview.
- ☑️Jason Noah
- ☑️Dewet Willemse
- ☑️Bandile Lugayeni
- ☑️Ashirus Monhla
- ☑️Ref Wayne
- ☑️Chantel Snyman
- ☑️Andrew Ndalo
- ☑️Thabani Ngcobo
- ☑️Andile Mofokeng
- ☑️Nkateko Roshny Mathebula
1. Jason Noah
Jason Noah stands as a well-known figure in Forex trading while also functioning as a mentor since he presents his detailed trading expertise through his Instagram account.
Jason enjoys over 569K followers who appreciate his approach to Forex trading that focuses on day trading strategies together with risk management.
Through his Instagram platform, Jason provides education for aspiring traders by delivering mixed content between live trading demonstrations and motivational guidance for aspiring traders.
His online posts demonstrate the critical roles discipline and mindset play together with persistent learning to advance in trading so traders can rely on him for guidance toward economic growth.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Experienced Forex mentor | Requires commitment and time |
| Successful track record | Risk of losses in trading |
| Educational content and webinars | Needs a solid understanding of market strategies |
| Engages actively with followers | Frequent market volatility |
| Motivational and inspiring | Can be intense for beginners |
2. Dewet Willemse
From his South African base Dewet Willemse has achieved fame as a Forex trader by applying his expertise in the ICT (Inner Circle Trader) methodology that emphasizes Price Action trading applied through smart money concepts.
Through his active presence on Instagram Dewet provides trading education for Forex by delivering useful tips and systematic approaches to his big following.
Dewet Willemse directs his trading activities toward the Nasdaq market with content that serves both novice traders and advanced traders who need skill improvement.
His Instagram account provides two types of content he displays his trade setups and distributes educational and motivational materials promoting Forex market success.
His increasing number of trading followers receives benefits from both his detailed market expertise and continuous trading participation.
Pros and Cons
| ✅ Pros | ❌ Cons |
| In-depth market analysis | Requires time commitment |
| Focus on Nasdaq and ICT method | Risk of high volatility in trades |
| Educational content | Potential for significant losses |
| Proven success with mentorship | Limited public content |
| Engaging community | Private about personal strategies |
3. Bandile Lugayeni
The Forex trading community recognizes Bandile Lugayeni as a fresh talent because he attracts numerous South African traders.
Thousands of Instagram users follow his content because he shows his trading progress by delivering useful insights about the Forex market.
Bandile Lugayeni delivers educational material and trading strategies alongside motivational posts to assist aspiring traders.
The trader consistently posts content that reveals his growth by showing how he develops trader discipline while educating about market understanding and showing patience.
Through his Instagram platform, Bandile provides guidance to new traders by helping them build trading competencies and develop their Forex trading self-assurance.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Rising star in Forex trading. | Limited years in the industry. |
| Shares valuable trading insights. | Still building a long-term track record. |
| Inspires beginners with his progress. | May appeal more to advanced traders. |
| Active and interactive on Instagram. | Developing his brand and trading approach. |
| A growing community of traders. | Less visibility compared to more seasoned traders. |
4. Ashirus Monhla
Ashirus Monhla operates as an acclaimed Forex trader while maintaining a profile on Instagram where he presents both trading expertise and motivational material.
Through his Instagram platform, Ashirus provides information about his time spent with forex prop firms Comit Capital as well as discussing his trading techniques.
On his platform,m Ashirus shows his trading performance while providing instructions about financial freedom together with important life lessons.
Through his platform, Ashirus motivates new South African traders to seize the power of financial independence.
The combination of encouraging content and trading guidance has earned him a dedicated Instagram audience that recognizes him as a key member of the trading community.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Motivational Content | Risk of Over-Hype |
| Forex Expertise | Limited Availability |
| Focus on Prop Firms | High Expectations for New Traders |
| Inspires Confidence | May Require Initial Investment |
| Active Engagement with Followers | Volatility in Mentorship Results |
5. Ref Wayne
South African Forex trainer Ref Wayne gained broad recognition for his market expertise in the field of Forex market trading.
The trading industry considers Wayne a trailblazing expert whose Twitter account educates viewers about his market strategies while attracting a large audience.
His Instagram content features motivational content along with educational materials while providing market analysis which aids both novice and advanced traders to build better skills.
The mentorship program pairs up with Ref Wayne while also acquiring recognition because he began his life journey from a small start and earned enormous respect within the Forex industry.
Thousands of traders find motivation on his Instagram page which contains significant advice that helps them succeed in Forex trading.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Forex pioneer, experienced trader | High-risk strategies may not suit all traders |
| Provides valuable trading education | Can be intense for beginners |
| Offers mentorship to new traders | Requires commitment for learning |
| Known for inspiring traders to succeed | Success not guaranteed for all followers |
| Large Instagram following, motivational | Frequent promotions may feel repetitive |
6. Chantel Snyman
As a Forex trading expert and an Africa-based leading female trader Chantel Snyman dedicates her platform to both educating traders and encouraging them through motivational messages.
Chantel maintains a large Instagram audience who receives her instructional content about trading methods including technical analysis and risk management principles.
Through her Instagram page people can engage with a mixture of informative educational videos and motivational posts that bring them into her personal trading activities.
Chantel shows her dedication to teaching market veterans to hold steady discipline and stay dedicated to learning without caring about variations in market conditions.
She stands out in the Forex trading world because of her honest presentation and genuine way which has made her one of the most important figures in the field on Instagram.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Provides insightful Forex education and tips. | Occasionally hard to access all resources due to her busy schedule. |
| Inspires women in the trading community. | Some valuable content may be locked behind paywalls or private groups. |
| Inspires a global audience with relatable content. | Her trading success may set high standards for beginners. |
| Offers guidance and mentorship to aspiring traders. | Requires time and dedication to follow and apply her teachings effectively. |
| Focuses on personal development and growth in trading. | Limited coverage on other trading aspects like stocks or crypto. |
7. Andrew Ndalo
Andrew Ndalo stands as a distinguished Forex trader who actively posts about his trading journey while offering market-related information through his Instagram platform.
The growing audience of his Instagram page enables Andrew to post regular materials about Forex trading alongside market opportunities and stories from his experience in finance.
His Instagram feed contains multiple types of content such as market strategies motivational words and practical advice for beginner and professional traders.
The Forex market presents new possibilities which he encourages people to follow while maintaining discipline toward their trading targets.
Through his hands-on methodology and relatable posts, his Instagram profile attracts a wide audience who wants trading advice.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Shares valuable trading insights and strategies. | May not always be able to engage with followers. |
| Inspires followers with positive and motivating messages. | Forex trading is inherently risky, and not all strategies work for everyone. |
| Provides knowledge gained from years of trading experience. | Forex trading can be time-consuming, especially for beginners. |
| Engages with a diverse international audience. | Trading in volatile markets can lead to unpredictable outcomes. |
| Offers practical advice for traders of all levels. | The responsibility of managing trades and risk can be stressful. |
8. Thabani Ngcobo
Thabani Ngcobo operates from South Africa where he leads the field of Forex trading by delivering technical analysis knowledge through his Instagram profile.
The trading profile @thabaningcobo gives traders access to both educational material and market analysis as well as specific trade setups that enable new traders to improve their abilities.
Alongside understandable trading steps from complex concepts, Thabani provides people with specific actions that make him their top choice for Forex trading strategy development.
On Instagram, Thabani presents a dynamic mix of motivational content with useful trading education that appeals to traders at every skill level.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Focuses on technical analysis and trading setups | May not cater to beginners due to advanced strategies |
| Shares valuable insights and trade setups | Takes time to understand for novice traders |
| Highly engaged with followers, shares tips regularly | Limited direct one-on-one mentoring opportunities |
| Active on Instagram with engaging posts | Relies heavily on Instagram for content delivery |
| Provides in-depth market analysis and trade strategies | May be overwhelming for some due to complexity |
9. Andile Mofokeng
South African Forex trader Andile Mofokeng approaches financial markets with expertise that has earned him recognition throughout the country.
He uses Instagram to provide both trading education and strategies that help inspire his audience with his trading experience.
Through his transparent trading methods, Andile gives helpful risk management along with technical analysis and market trend recommendations to traders of every level.
The Forex community depends on his trusted status because he provides engaging Instagram content featuring live trading sessions motivational posts and market
updates to help users in their trading career development.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Andile has demonstrated significant trading prowess | His high-profile lifestyle and trading success might set unrealistic expectations for novice traders, potentially overlooking the inherent risks involved in Forex trading. |
| he shares insights, strategies, and motivational content, aiming to educate and inspire aspiring traders. | there is a scarcity of independent reviews or third-party evaluations of his trading strategies and mentorship effectiveness. |
10. Nkateko Roshny Mathebula
The Forex trading world recognizes Nkateko Roshny Mathebula as a rising talent who shares her life in trading and market insights with an expanding Instagram community.
She uses her profile to provide inspirational materials and share market knowledge and individual anecdotes which help build confidence in her audience.
The main goal of Nkateko is to connect Forex’s market knowledge with her audience’s assistance toward increasing their trading abilities and performance.
She engages her audience through posts that explain her trading strategy and industry difficulties as well as the essential role of mindset in trading achievements.
The integration of Forex education with motivational influence has allowed Nkateko to build a prominent position among South African traders.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Motivational content | May not provide deep technical analysis |
| Shares personal trading journey | Limited frequent trading setups |
| Inspires new traders | Information might be basic for advanced traders |
| Positive mindset focus | Inconsistent posting schedule |
| Offers Forex tips and strategies | Not much detailed performance data shared |
The Popularity of Instagram – Overview
User-friendly Installation
Instagram was initially created for use by iPhone users, but almost immediately spread to other mobile formats.
These days, Instagram is easy to download and install, whichever mobile platform a user makes use of and whether a trader is an iOS or Android user, they can simply
go to the App Store or Play Store, download, set up their account, choose a username and upload a profile pic.
Photo Sharing and Manipulation
Taking photos can easily be done in the app or through a phone’s camera, give the photo a title, and make it more engaging and fun.
Photos are public by default, but users can also set them to private, and other people will have to request permission first before they follow.
Photo “filters” are also one of the main drivers of Instagram’s popularity and Instagram is continuously tweaking its filter selection to adapt to its many active users.
It is also compatible with many photo manipulation apps like Camera 360, Camera+, LabelBox, and 100 Cameras, which expands the possibilities of photo manipulation even more.
Social Network
Instagram can be considered one of the most popular social media networks available to the current generation, primarily created to have friends or so-called followers.
Instagram allows users to be “followed” or for them to “follow” other people or in this case the 10 Best Forex Traders and Accounts.
When a trader follows an Instagram trader, their photos regularly appear in their stream.
Traders can also like photos and comment on them, making it a friendly and laid-back social community.
Great Business Channel
Another contributor to Instagram’s growing popularity is its use in the business world.
In this case, Forex Traders realize the importance of having a large following from both established customers and new ones and an article by Chris Tweten (Market Strategist by Trade) on his website emphasizes the use of Instagram bots as one of the most effective tools that can contribute to a traders’ brand growth.
The bots are an Instagram automation feature that gives its users an idea of the preferences of the followers of their business allowing for many likes, followings, and views.
These analytics and statistical data can help social traders focus on more options to target more audiences and help innovate their approach to marketing and branding.
Reports and statistics that are visually presented and easy to understand. With so much hype among users when it comes to Instagram, it’s no wonder its popularity is still growing under traders.
Conclusion
Overall, following the 10 Best Forex Instagram accounts is a powerful move to make. Inspiration can many times play a very big role in keeping a trader motivated in those losing times and having a list of “install-traders” to keep a trader’s eye on the prize is most times very valuable.
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Frequently Asked Questions
Can you trust forex traders on Instagram?
Yes, you can trust Forex Traders on Instagram and there are legitimate Forex traders on Instagram. However, there are also scam artists. Those who share their tip openly are usually legitimate traders.
Why is Instagram so popular even for forex brokers?
Instagram is popular because of:
- Easy and User-friendly installation.
- Easy photo sharing and manipulation.
- Friendly and laid-back social interaction between traders and the community.
What are the rules of Forex Trading?
According to Warren Buffet, who is considered as one of the best investors in the world –
Rule 1: Never lose money / Rule 2: Remember rule 1
Can you make a living out of Forex trading?
Yes, it is possible, but it is not easy to make consistent profits, be prepared to lose more than you win.
