How To Make Money Online Trading Forex In South Africa
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For every pair we offer both a standard contract (one contract = 100,000 of the first-named currency) and a mini contract (one contract = 10,000 of the first-named currency).
| Currency Pair [1] | Value per point [2] | Minimum Spread | Average Spread1 | Limited Risk Premium[4] | Margin Required [5] |
|---|---|---|---|---|---|
| AUD/USD | $10 | 0.6 | 0.76 | 1 | 0.5% |
| EUR/CHF | CHF10 | 2 | 2.32 | n/a | 1.5% |
| EUR/GBP | £10 | 0.9 | 1.14 | 1 | 1% |
| EUR/JPY | Y1000 | 1.5 | 1.99 | 1 | 1.5% |
| EUR/USD | $10 | 0.6 | 0.70 | 1 | 0.5% |
| GBP/EUR | €10 | 2 | 2.36 | 1.5 | 1% |
| GBP/JPY | Y1000 | 2.5 | 2.96 | 2 | 1% |
| GBP/USD | $10 | 0.9 | 1.28 | 1 | 1% |
| USD/CAD | C$10 | 1.7 | 2.39 | 1 | 0.5% |
| USD/CHF | CHF10 | 1.5 | 1.88 | 2 | 1.5% |
| USD/JPY | Y1000 | 0.7 | 0.83 | 1 | 1% |
1Average spread (Monday 00:00 – Friday 22:00 GMT) for the twelve weeks ending 7 October 2024. For our minimum spreads, please see our forex CFD and MT4 details.
South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use credit or debit cards to fund their international account.
Remember that CFDs are a leveraged product and can result in losses that exceed your deposits. Trading CFDs may not be suitable for everyone, so please ensure that you fully understand the risks involved.
IG is a trading name of IG Markets Ltd and IG Markets South Africa Limited. International accounts are offered by IG Markets Limited in the UK (FCA Number 195355), a juristic representative of IG Markets South Africa Limited (FSP No 41393). South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use credit or debit cards to fund their international account.
IG provides execution only services and enters into principal to principal transactions with its clients on IG’s prices. Such trades are not on exchange. Whilst IG is a regulated FSP, CFDs issued by IG are not regulated by the FAIS Act as they are undertaken on a principal-to-principal basis.
The information on this site is not directed at residents of the United States or Belgium or any particular country outside South Africa and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Voted SA’s top CFD provider in Business Day Investors Monthly Annual Stockbroker Awards in 2012 and 2013, best platform for Active Day Traders in 2013 and 2014 and SA’s best Online Stockbroker in 2024.
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IG is a trading name of IG Markets Ltd and IG Markets South Africa Limited. International accounts are offered by IG Markets Limited in the UK (FCA Number 195355), a juristic representative of IG Markets South Africa Limited (FSP No 41393). South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use credit or debit cards to fund their international account.
IG provides execution only services and enters into principal to principal transactions with its clients on IG’s prices. Such trades are not on exchange. Whilst IG is a regulated FSP, CFDs issued by IG are not regulated by the FAIS Act as they are undertaken on a principal-to-principal basis.
The information on this site is not directed at residents of the United States or Belgium or any particular country outside South Africa and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Voted SA’s top CFD provider in Business Day Investors Monthly Annual Stockbroker Awards in 2012 and 2013, best platform for Active Day Traders in 2013 and 2014 and SA’s best Online Stockbroker in 2024.
CREATE ACCOUNT
