For CFDs there are some extra services that we charge for.
Service | Charge |
Direct Market Access (DMA) | There’s no charge for using DMA to trade CFDs on forex and shares, though in order to access live DMA prices for some shares you’ll need to pay a monthly exchange fee. |
Live price data feeds | Obtaining live share prices from an exchange, whether that's to trade share CFDs, incurs a monthly fee. |
ProRealTime Charts | Subscribing to real-time charts costs R300 per month. This is refunded if you place four or more trade a month. We reserve the right to charge you for the service if your qualifying trades are of an extremely low value. |
Account documentation fee | We charge a $50 fee on accounts which have not supplied a mandatory W-8 or W-9 form prior to the dividend ex-date of a qualifying trade on a US-incorporated stock. We do not apply this fee to accounts with up-to-date documentation or accounts which have not entered into qualifying trades. We will notify you if you have entered into a qualifying trade and need to complete a form. |
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