Trading for beginners

4 stars based on 51 reviews

You get a lot more than just a website from your bank on which you trade shares with limited information. Our platform range from basic one-screen layouts, to advanced multi-device platforms aimed at day traders and professional traders, showing auction uncrossing prices, good charting and more. Iress can also be white-labelled, so you will see the platform being offered by various local players, including Nedbank, Peregrine, Investec, Thebe, etc. Each one has their own logo and colour scheme, but it is essentially the demo share trading account south africa platform underneath.

We offer the Iress platforms through Nedbank and Peregrine. Nedbank currently offers CFD trading on their version of Iress, called Ntrade, and they are currently in the process of adding equities and other local instruments.

Investor has a basic one-screen layout. Iress Investor is more aimed at people who trade overnight positions, ie do not buy and sell within the same day, but rather buy something to keep the position for a few days, weeks, months or years.

We also offer demo accounts, so that you can get used to the look and feel of the platform. The demo account offers demo share trading account south africa data, whereas the live account offers live data. Java enables right-click functionality in the browser, so the trading platform is very easy to navigate and use. You can test drive either Trader or Investor for free. You can get used to the look and feel, place trades and play around.

There are some limitations, though: For those not familiar with Saxo Bank: For security purposes you can only be logged into any 1 platform at a time. The platforms offer DMA — direct market access, so you trade straight into the relevant stock exchange, without delays. Different order types include limit, market, GTD good till date, GTC good till cancelled and multi-rule based stop loss and trigger orders. You can also view demo share trading account south africa order on the charts, and their technical analysis and charting tools are phenomenal.

Your platform shows you all trade history and you can download the necessary reports for your tax returns at any time. You can even request withdrawals from your trading account on your platform, so amounts to be transferred into your bank account.

So now you can start trading short term instruments without having to fork demo share trading account south africa more cash to open an account. Iress Investor As easy as it gets Investor has a basic one-screen layout. Platform specifics The platforms offer DMA — direct market access, so you trade straight into the relevant stock exchange, without delays.

View a quick overview on each platform. Desktop Web Phone Tablet What makes them unique? Get started Open a demo account Open a live account Online training.

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You can make transactions in the middle of night, after work and you control the situation at all times. It is evident that Utrader prioritizes customer service. In addition, the company provides you with an access to exclusive market information prepared by the best financial analysts.