If you are brand new to trading, it may be a good idea to first invest in your education. Use this time to familiarize yourself with basic concepts and get a good grasp of how the markets operate. Building a good foundation of knowledge will always be of benefit to you in the long run.
Sharenet College offers a fantastic, comprehensive 27 module self-study stock exchange course which will start with basic concepts , guide you through intermediate topics and even contains more advanced modules including CFD trading, options and warrants trading, forex trading and futures trading.
By the end of the course you should feel informed, comfortable and confident. Throughout your learning period a simulated account is made available so that you can put into practice what you are learning. For more information on Sharenet’s stock exchange course, simply click here.
SharenetCFDs, through our relationship with Sharenet is able to offer unique services in addition to providing a CFD trading platform. One of these unique benefits comes in the form of the rich data and reports that our clients have access to. Subscribe to The Sharenet Daily for free and receive a daily market wrap-up sent to your email.
Another complimentary publication that Sharenet produces is our monthly MarketViews newsletter, which contains commissioned articles on trading, investing, technical analysis and company analysis. To add your email address to the distribution list, simply follow the links below:
New to CFDs
Like any financial product, it is wise to familiarize yourself with the instrument you are going to trade. At SharenetCFDs, we have devoted much energy and time into insuring our clients are comfortable with trading CFDs. Take a read-through the different avenues that could help build your understanding of CFDs and trading generally.
Benefits of CFDs
- Low commissions on equity CFDs (only 0.2%)
- No securities TAX or STRATE fees
- No roll over charges as CFDs don’t expire
- Gearing – from as low as 5%
- Interest is paid on total account value
- Participate in all corporate actions, e.g. dividends and right issues
- Trade on Margin – use your capital more effectively
- Go long or short to make profits on both rising and falling markets
Learn more about CFDs – our free tutorial will teach you to:
- Understand the nature of CFDs
- Appreciate the advantages of CFDs compared to physical share trading
- Know how to go long and short on equity and index CFD trades
- Have an appreciation of the opportunities and dangers represented by leverage
- Be able to calculate the costs attached to CFD trading
- Understand a few basic CFD trading strategies
- Be familiar with the different CFD order types and their applications
- Know how to use stop loss orders to limit CFD trading losses
Complete the following and download the CFD Trading Tutorial
Sharenet hosts investing and trading courses across South Africa. The aim is to help clients trade with confidence and to insure that money management and risk management rules are being applied correctly and effectively.
Attendees will also discover how to trade and invest according to tried and tested strategies that can deliver superior returns over time.
We know that trading on a new platform might need a little bit of getting used to, which is why we have developed our complimentary Trade Sense service that we run on every account we open. It lasts six weeks and includes 5 modules that get emailed to you over the Trade Sense 6 week period and will guide you through the essentials of our CFD trading service and how it can be used to gain exposure to the financial markets.
You will also be permitted to trade reduced contract sizes foregoing our usual minimum commission requirement on each trade. It will gradually increase up until the standard size and minimum commission over the 6 week training program. It is just another way that we are committed to helping our clients trade smartly and confidently.
There is no better way to get to grips with our platform than to dive right in! Open up a demo account today and witness firsthand why our platform in association with IG markets is the very best. The demo account streams live data and is populated with virtual cash to the value of R100,000. The demo period lasts 2 weeks.open a demo account now