IG South Africa Cuts Commission Rates

By Ig Markets South Africa, PRNE
Sunday, July 3, 2011

JOHANESSBURG, July 4, 2011 -


 

Dropping Rates,
Maximises
the Trading Potential of
CFDs

IG Markets South Africa is dropping its headline commission rate
on South African Share CFDs by 15 basis points, to just
0.2%. Share CFDs can be traded on over 130 South African
shares using the award-winning trading platform offered by IG
Markets.

Robert Bowen, Head of IG Markets South Africa, commented:

The level of commission paid by traders inevitably has a
substantial impact on their portfolio.  IG Markets South
Africa recognises this fact reducing rates accordingly to allow our
clients to maximise their trading potential.

CFD trading enables investors to take a position on both
positive and negative market movement.  A Contract for
Difference or CFD
essentially mirrors an individual share by following the ups and
downs of the corresponding physical share and are rapidly gaining
in popularity across South Africa. Share CFDs also have no fixed
contract period, allowing the trader to leave or begin CFD trades
at any point during trading hours.

IG Markets href="www.igmarkets.co.za/cfd/platforms-landing.html">trading
platform, PureDeal enables fast, efficient and highly intuitive
trading across a range of devices from your computer to your mobile
phone.

The concept of maximising your trading portfolio requires a
level of understanding and IG Markets is geared towards client
education. Providing a wide range of online seminars, to equip and
mobilise traders interested in CFDs.

IG Markets has over 35 years of industry experience and offers
the technological structure of a global company while retaining an
intimate tailored approach towards the South African trading space.
A concept compounded by our weekly technical analysis, daily South
African market updates and highly competitive Share CFD rates.

*Please note: Due to strict exchange controls, clients
wishing to trade offshore instruments can only do so by opening an
offshore account.

CFDs are high risk and can result in losses that exceed your
initial deposit. Please ensure you fully understand the risks and
costs involved. IG Markets South Africa Limited is an authorized
financial services provider and is regulated by the Financial
Services Board, FSP number 41393.

About IG Markets South Africa

IG Markets South Africa is part of IG Group (IGG.L), a FTSE 250
company which employs in excess of 800 people with offices in 14
countries worldwide. For further information on IG South Africa and
the href="www.igmarkets.co.za/cfd/south-africa-top-40.html">South
Africa 40 index visit href="www.igmarkets.co.za/">www.igmarkets.co.za.

Media Contact

Our company is more than happy to provide any extra information
you may require. Please contact Shaun Caplin on +27-11-467-8500 for
further assistance.

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