When Sipho first heard about forex trading, he was curious — but cautious.
Like most beginners, he didn’t want to risk money he couldn’t afford to lose.
So, instead of rushing in, he started the smart way: with a free Trade245 demo account.
Here’s how his journey unfolded, and how he eventually took the leap — starting live trading with just R500.
Step 1: Learning the Basics Without the Pressure
Sipho downloaded the Trade245 app on his Android phone (it’s also available on iOS now), created his account in a few taps, and opened a demo account — no documents, no deposits, no stress.
He spent a few weeks getting comfortable:
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Placing mock trades
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Exploring MT4 and MT5
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Testing how things like leverage and lot sizes work
The best part?
It looked and felt like a real trading account, but without real money on the line.
READ MORE: How to Use the Trade245 Demo Account
Step 2: Opening His First Live Account with R500
Once he felt ready, Sipho logged into his dashboard and opened a Bonus 245% Account.
Why that one? Because it gave him more room to trade — perfect for someone starting small.
He made his first deposit of R500, using Capitec Pay via Ozow (supports Absa, FNB, Standard Bank, Nedbank, and more.)
It took just a few minutes, and the bonus reflected shortly after he transferred the funds to his trading account.
Step 3: Starting Small, Thinking Long-Term
With his balance boosted by the bonus, Sipho was able to trade indices like NAS100 without needing thousands of rands upfront.
He stuck to what he learned on demo:
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Only risking small amounts per trade
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Not chasing big wins
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Watching the market at the times that suited him best
Within his first few weeks, Sipho didn’t double his money — but he didn’t blow his account either.
And that’s the part most beginners miss: it’s not about flipping funds, it’s about learning to manage risk and grow steadily.
ALSO READ: Trade245 Minimum Deposit – How Much Do You Need to Start?
Lessons from Sipho’s Journey
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Start with a demo if you’re not sure
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Use a Bonus Account if you’re starting small
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Stick to your rules — don’t rush
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Trade during times that make sense for your schedule
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Keep learning — there’s always more to improve
Ready to Start?
You don’t need a fortune to get going.
With Trade245:
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You can start live trading from as little as R50–R500, depending on what you want to trade
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Multiple payment options like Ozow, Capitec Pay, Skrill and more
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And demo accounts are always free to use, no commitment needed
👉 Create Your Demo Account
👉 Deposit and Go Live
Start at your pace. Like Sipho.