Only clients who subscribe for live pricing will be able to trade online using the anglorand.co.za web-site. Clients who do not subscribe for live pricing will be able to view their portfolios and will have access to delayed pricing.
Live pricing subscription fees
Non-professional users R65.00 (excl VAT) / R74.10 (incl VAT) per month, if the brokerage generated on the account exceeds R500-00 then live pricing for that month will be free.
Professional users R235.00 (excl VAT) / R267.90 (incl VAT) per month, if the brokerage generated on the account exceeds R500-00 then live pricing for that month will be free.
0.25% Securities Tax (UST) on purchase value of shares, broking fee, STRATE fee and VAT.
Broking fee, STRATE and VAT only
Minimum deposit R20,000.00.
If you do not deposit funds within the first month, a R100 account opening fee will be charged to cover administration expenses.
Standard Brokerage Fees
ANNUAL ADMINISTRATION FEES
R616.00 (excl VAT) / R702.24 (incl VAT)
THE BROKING FEE IS CALCULATED PER SHARE TRADED PER DAY. IF MORE THAN ONE ORDER TO BUY THE SAME SHARE IS EXECUTED ON THE SAME DAY, THE BROKING FEE WILL BE CALCULATED ON THE TOTAL VALUE FOR THE DAY AS ONE TRADE ONLY AND ADJUSTED OVERNIGHT. IF ONE ORDER TO BUY OR SELL SHARES IS EXECUTED OVER TWO DAYS, YOU WILL BE CHARGED A BROKING FEE FOR THE VALUE TRADED ON EACH DAY AS TWO SEPARATE TRADES. ONE ORDER TO BUY A SHARE AND ONE ORDER TO SELL THE SAME SHARE ON THE SAME DAY WILL CONSTITUTE TWO TRADES AND WILL ATTRACT TWO SEPARATE BROKING FEES.
STRATE Settlement Costs:
Less than R 200 000.00 z
R 12.45 (R 10.92 Excl. VAT) per contract note.
Greater than R 200 000.00 but less than R 1.0 million
0.006223% (0.005459% Excl. VAT) of the contract note value
Greater than R 1.0 million
R 62.23 (R 54.59 Excl. VAT) per contract note.
Investor Protection Levy at 0.0002%
Payment fees :
R13.16 (excl VAT) / R15 (incl VAT) for each electronic transfer paid to the client.
R30.70 (excl VAT) / R35 (incl VAT) for each cheque payment to the client.
All registration and dematerialization fees charged by our outsourcers, CSDP and the company registrars will be debited to the account of the client.
Clients who transfer cash amounts into our bank account will be debited
with the cash deposit fee levied by the bank. Cash amounts in excess of
R5000-00 should not be paid into our bank account as this is a breach of
JSE rules, we urge clients to rather effect electronic transfers.
Account closure fees :
Portfolio transfer fee – R114.00 (incl. VAT) per counter; and
Risk Disclosure: Sharenet will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Trading or investing in crypto currencies carries with it potential risks. Prices of crypto currencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Crypto currencies are not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument or crypto currencies you should carefully consider your investment objectives, level of experience, and risk appetite.
Sharenet would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures), Forex and crypto currencies prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Sharenet doesn't bear any responsibility for any trading losses you might incur as a result of using this data. Sharenet may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.