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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FXTM’s Velokhaya Team prepare for their final cycling event of 2019

FXTM’s Velokhaya Team prepare for their final cycling event of 2019
14.11.2019 Education & Events

FXTM is looking forward to another adrenaline-fuelled event with the Velokhaya Cycling Team as part of their successful partnership this year. Following on from six thrilling cycling events since August 2019, the team will be taking on the Discovery 947 Ride Joburg event on 17 November in Johannesburg. This gruelling ride spans across nearly 95km of South Africa’s biggest city, and will start and finish in Riversands Commercial Park.

The not-for-profit organization Velokhaya was initially set up in 2004 to inspire and develop young people in Cape Town through education and sport. Through competing in these varied cycling challenges, they have helped hundreds of vulnerable young people who have become disenfranchised or misled into gang life.

Some key highlights of their inspirational journey have included the high-profile Ride4Hope event organised for Nelson Mandela’s centennial, and impressively securing 28th place out of 493 teams in the recent Wines2Whales event.

Those interested in following Velokhaya on 17 November can tune into YouTube or Twitter for live updates on the event.

Wishing the Velokhaya team the best of luck from everyone at FXTM!

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