Chas With due respects but as your groan stands it is meaningless. Just like some others who write things in a kinda formula which nobody understands. I thought this forum was for adults expressing opinions on investments and things of value to others, but lately it is more like a bullring but the bulls scare nobody. They find it difficult to make sense. Sponono judging from the farewells to you, hope you enjoy it over there. They aint got anything like this and now that you are out of this, methinks you are gonna miss us plenty. Knopkop
It all due respect knopkop - conventional channels to sort these problems do not work. Like for example the FTSE index (it was not updated for over 6 weeks at one point)it was only eventually sorted last month after people complained on the chat forum.....
I believ they are based in Sandton and in Randburg. Its a group of professional traders. They use the software iress
They came recommended from a friend and after some chats with them they fees are much more reasonable (25 basis points for CFD, instead of 35 at SBK). I know IG Markets is 20 basis points but apparently there are a lot of hidden costs if you trade with less than R 50,000. Im gonna try these guys out and see how it goes.
The software that you get is also very nice (for CFD trading).
Topi initial margin R7000, R50 per pip; Topi Mini initial margin R1400, R10 per pip; Topi Micro initial margin R280, R2 per pip. No commission but the 10 point spread is your cost. Dont know about hidden costs.