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I have recently opened a TFIA to trade the TFIA Enabled Instruments.
The STRATE costs when entering a trade are projected at R10.71 across all volumes of transactions.
However the advertised cost (SBG Securities costs) for example for a R500 trade are R4.58 for the statutory fees which include SRATE?
Am I not understanding the costs or has some of the fee structures changed?
Thanks in advance