Our minimum trade size is R200,000 due to fixed costs involved, making smaller amounts less profitable. Each bank transfer abroad incurs a R500 fee, and there’s an additional R30 fee to withdraw funds back to your trading account. These fixed fees have a proportionally smaller impact on larger trade sizes. For instance:
For a R100,000 trade size: R530 / R100,000 = 0.53% cost
For a R500,000 trade size: R530 / R500,000 = 0.106% cost