Instrument Fee Schedule
Trading fees vary from market to market and across the various instrument classifications.
The table below provides an indication of trading costs.
There are no monthly administration fees to maintain a trading account.
|
INSTRUMENT GROUP
|
TRADE CHARGE
|
MARGIN RATE
|
MIN TRADE CHARGE
|
|
SA Equity (Shares)
|
0.30% Commission
|
N/A
|
R100* Commission
|
|
SA Equity CFDs
|
0.20% CFD Premium
|
5-25%
|
R100* CFD Premium
|
|
Intl Equity CFDs
|
0.10% CFD Premium
|
Variable
|
Variable CFD Premium
|
|
Indices
|
Variable Spread
|
0.5-1%
|
None
|
|
Commodities
|
Variable Spread
|
1-3%
|
None
|
|
Margin FX
|
Variable Spread
|
1%
|
None
|
International Instruments
|
EQUITY CFDs
|
CFD PREMIUM
|
MARGIN RATE
|
MIN PREMIUM
|
|
South African Stocks
|
0.20%
|
5-25%
|
R 100*
|
|
US Stocks
|
3 cents per share
|
5%
|
USD 15
|
|
UK Stocks
|
0.10%
|
5%
|
GBP 10
|
|
Australian Stocks
|
0.10%
|
10%
|
AUD 10
|
|
Canadian Stocks
|
3 cents per share
|
5%
|
USD 25
|
|
French Stocks
|
0.10%
|
5%
|
EUR 12
|
|
Irish Stocks
|
0.10%
|
5%
|
EUR 12
|
|
German Stocks
|
0.10%
|
5%
|
EUR 12
|
|
Hong Kong Stocks
|
0.25%
|
10%
|
HKD 100
|
|
Italian Stocks
|
0.10%
|
5%
|
EUR 100
|
|
Japanese Stocks
|
0.20%
|
10%
|
JPY 1,000
|
|
Spanish Stocks
|
0.10%
|
5%
|
EUR 12
|
|
INDICES
|
Margin Rate
|
Spread
|
|
US30 (DJIA)
|
0.75%
|
5
|
|
US500 (S&P)
|
1%
|
1
|
|
USTEC (Nasdaq)
|
1%
|
3
|
|
US2000 (Russell)
|
1%
|
2
|
|
UK100 (FTSE 100)
|
0.75%
|
2
|
|
UK250 (FTSE 250)
|
1%
|
44
|
|
STOXX50 (EutoStoxx)
|
1%
|
2.5
|
|
DE30 (DAX)
|
0.50%
|
2.5
|
|
FR40 (CAC)
|
0.50%
|
3
|
|
ES35 (IBEX)
|
1%
|
8
|
|
IT40 (MIB)
|
1%
|
14
|
|
SWI20 (SIX)
|
1%
|
4
|
|
AUS200 (ASX)
|
0.50%
|
2
|
|
N25 (AEX)
|
1%
|
0.5
|
|
COMMODITIES
|
Margin Rate
|
Spread
|
|
BRENT
|
2%
|
7
|
|
GOLD
|
1%
|
1
|
|
SILVER
|
1%
|
7
|
|
WTI
|
2%
|
10
|
|
FX (Most Traded)
|
Margin Rate
|
Spread
|
|
EUR/ZAR
|
1%
|
70
|
|
USD/ZAR
|
1%
|
40
|
|
AUD/USD
|
1%
|
3
|
|
EUR/AUD
|
1%
|
2
|
|
EUR/GBP
|
1%
|
2.2
|
|
EUR/USD
|
1%
|
3
|
|
GBP/USD
|
1%
|
3
|
* Top 40 only, outside Top 40 min fee of R 125 applies
NB. Instruments spreads are affected by market liquidity which varies throughout
market trading hours
