Hi All. For a number of reasons (not the purpose of this discussion), there maybe a case to invest some forex, eg: USD. There are various avenues, example, opening a Global Account (FNB - R60 per buy / sell). What are the other options, the cost, and practically how can it be accessed?
there are honestly no instruments in South Africa for properly doing this, and no South African institutions that can give you a good deal. Buying foreign currency in South Africa and holding it is outrageously expensive, especially derivative instruments. Open up an offshore account if you can, or an offshore trading platform, and do it properly.