At the time of writing the article, the prop firm industry is on a shamble, with prop firms being closed 1 after another. That is why choosing the best prop
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🏆Top Survey Sites
During my early days looking for ways to make money online doing online surveys for money in South Africa was my first choice. Online surveys offer you a chance to share your opinions on various topics while earning money. it’s important to recognize that it won’t replace a full-time income in South Africa, nor will it make you wealthy.
💹Choosing The Best Prop Firm In South Africa
Recent shutdowns of prop firms like Skill Funded Traders, Funeded Enginer, True Forex Funds, And more show the importance of doing your own research before investing your money.
Selecting the right proprietary (prop) firm is more crucial than ever for you to make money. With countless options available, many may not be as good as they seem, or as influencers promote them to be. It’s essential to avoid choosing a prop firm solely based on someone else’s recommendation, even if it’s from a trusted mentor. In this article, we’ll equip you with the skills to choose the best prop firm and highlight key factors to consider.
Key Factors to Consider When Choosing a Prop Firm
- In House Tech
- Company Location
- Own Broker
- Trading Platform (MT5)
- Operational History
🏦Best Forex Brokers In South Africa
⚽Sports Betting 101
Sports betting involves placing a wager on the outcome of a sporting event. If your prediction is correct, you win money based on the odds of your bet. It’s a thrilling way to engage with your favorite sports and potentially make money.
Key Terms
- Odds: The likelihood of an event happening. Odds determine how much you can win.
- Stake: The amount of money you bet.
- Bet Types:
- Moneyline: Betting on who will win the game.
- Point Spread: Betting on the margin of victory.
- Over/Under: Betting on the total points scored in the game.
How to Start
- Choose a Reputable Betting Site
- Understand the Sports
- Start Small
🌟Top Betting Sites in South Africa
Hollywood bets
One of the well known in sport betting also offer a welcome bonus.
Betway
Offering a 100% first deposit match bonus and have a data-free betting
10Bet
Get 100% match bonus on their first deposit up to R2,000
Bet
Live betting with 30,000 monthly live events + 100% bonus up to R5,000
Disclaimer: Trading in forex and sports betting carries a high risk and may not be suitable for all investors; please bet and trade responsibly.
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