Meet the millennial margin traders

Wed, 18 Nov 2020

The financial crisis that gripped markets in March had the unusual effect of encouraging a new wave of investors off the side-lines and into the fray.Online investment platforms such as Sharesies and InvestNow saw the number of users on their platforms double as young people in particular tested the equity market waters. Selwyn Loekman, co-founder of online trading platform Blackbull Markets, said the same trend can be seen in the high-risk world of leveraged foreign exchange and derivatives trading — where a buyer pays only a perce...

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