Stay out of debts and create wealth

King Jay.

King Jay Phaswana will host an event on November 25 at Hatfield Plaza Office towers, 1122 Burnett Street, Hatfield.

The event is expected to last from 10 am to 2 pm.

Money management, how to earn extra income and how to gain financial freedom are some of the topics to be discussed at the event.

King aims to eliminate poverty and unemployment in South Africa by sharing some of his strategies in binary options trading knowledge, software to detect trades to make money, money management and investments.

Over the past four years, about 30 000 people attended the similar event hosted by him from all corners of the country.

King, whose real name is Mudzuli Phaswana, traded successfully for a number of years and we felt that we could benefit from some insight into his experience and approach.

The 26-year-old forex trader, born in Venda [Limpopo] and raised in Pretoria [Gauteng], is the founder & CEO of, serial entrepreneur, and a traveller.

“Growing up was a bit tough for us because we were all relying on my father for financial support, it wasn’t easy to get the things that other children would get,” he said.

The multi-millionaire matriculated from Voortrekkerhoogte Hoerskool, in 2009, but due to lack of finance, he had to hustle for a job immediately.

King worked for the South African Air Force as an Electronic Communication Technician. He later resigned when he started to become successful in trading.

“My interest in forex began when I kept on bumping into forex adverts on the Internet, decided to research more about it and realized that there were many people who became successful by trading.

“I downloaded a lot of books to read about forex and watched a lot of YouTube videos and further attended a couple of courses which cost me R25k,” said King.

The foreign exchange market is the largest financial market in the world with an estimated $6.5 Trillion traded per day. It is known for its high-risk nature and high capital requirement.

He said this is why it is mostly traded by banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors.

“The hardships definitely made me stronger and a better person. Forex trading is not a get rich quick scheme platform, you need to be very patient to be a success in anything.

“It took me almost 3 years to be successful in the trading business. Now, I’ve been trading for 5 years. To any beginner, your initial step should be to research, download books and watch videos that are trading related and get a successful mentor to help you.”

If you would like to know more about forex trading classes that have helped thousands of people to get out of debt and create another source of income and start creating wealth; go to

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Themba Vukeya

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