Trade Share CFDs & Stock Indices and benefit from:

• Low commissions on equity CFDs
• No securities TAX or STRATE fees
• No hidden charges
• No roll over charges as CFDs dont expire
• Gearing - from as low as 5%
• Interest is paid on total account value
• Participate in all corporate actions, dividends, righst issues etc
• Trade on Margin - use your capital more effectivley
• Go long or short to make profits on both rising and falling markets
• 24hr ALSI trading
• 24hr Direct Market Access, no waiting, no phoning and no dealer intervention
• Stop losses
• Guaranteed stops for a small premium
• 1 Click Dealing
• Trade directly from charts
• 24 hour help desk
• Deal via your mobile phone

What is a CFD?

Contacts for difference (CFDs) give you access to share and index price movements without having to own the underlying shares, with the major benefit of gearing and the ability to go long or short. With SharenetCFDs you enjoy transparent pricing on all the shares we cover, together with a choice of advanced trading platforms.

Click here to download our tutorial

What are the costs?

• No securities tax or STRATE fees
• No rollover fees
• 0.35% subject to a minimum of R100 per trade
• Funding on overnight possitions at REPO + 2%

Click here for full costs

Click here to use our CFD calculator

• South Africa's strikes
• Soccer-Mexico's Franco announces international retirement
• Rugby-Mitchell takes charge at South Africa's Golden Lions
• Reuters Odd News Summary

• Wall St rises after payrolls data
• U.S. bonds reduce losses after weaker ISM index
• Wall St trim gains after ISM data
• Dollar pares gains vs yen after weak U.S. ISM data
• Copper hits 4-mth highs after U.S. jobs data

• Dollar falls vs basket of currencies after US data
• Cash-strapped Rome faces financial squeeze, more downgrades
• Wall St rises after payrolls data
• Brazil's economy booms in Q2, defying predictions
• Campbell Soup profit beats Street, but sales light

Advantages of a CFD

Trading long or short.  This enables you to take a positive or negative view of the underlying share’s price movements, and therefore to be able to profit in both rising and falling markets.  It also allows for hedging action to protect long-term share holdings.

Cost effectiveness.  Because no share certificates are issued, you do not have to pay safekeeping or custody fees, STATE costs, investor protection levies and Securities Tax.

Via leverage, you can control larger positions at a fraction of the cost of actual share ownership.  Instead of having to pay the full value of the underlying contract up front, you need only deposit an initial margin – usually about 10% of the contract value.

Profiting from corporate actions.  CFDs allow you to benefit from dividends, stock splits, and movements in and out of specific Index groups.

Deal immediately at the market price.  There is no extra spread to pay when trading CFDs (as is the case with financial spread betting).  This means that deals can be negotiated immediately, without any wait for a spread to be established.

Still got questions? Try our Frequently Asked Questions (FAQ)

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