Charges for dealing

[MichaelR]

Can somebody please explain the charges involved in trading shares here.ie I buy 10 BIL and I sell 10 BIL or I buy 1000 BIL and sell 100 BIL.

[SimonPB]

on the menu ==> helpa nd education ==> introduction to the website ==> our fees

[Brazen]

Oh my God. What a rip off! And why do we never get free stuff?

[MichaelR]

Please explain it in english.

[MichaelR]

Thanks I found it

[#6]

to give you a very rough idea, when buying and selling shares your brokrage etc will be around 1% of the value bought the 1% when you sell. ie. you buy 100 ABC at R100 each total R10000 + fees of around R100 (that 1% charged by the bank.) means your R100 per share is now yours at R101 each. then lets say in 6 months time you the share is R150 each and you want to sell 80 of them it willbe 8XR150 = R12000 less the 1% brokrage etc = R11880 (ie you got R148.5 per share after all fees. blah blah blah...

[#7]

oops thats meant to be 80XR150 not 8

[Preston]

cos you are extremely vocal about your love for bankers.(LOL)

[MichaelR]

Thank you very much.