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Sharenet CFDs

South Africa|5-10 years|
Suspicious Scope of Business|High potential risk|

https://www.sharenetcfds.co.za/cfds/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

South Africa 2.47

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+27 (0)21 700 4800
helpdesk.za@ig.com
https://www.sharenetcfds.co.za/cfds/
301, 3rd Floor, Imperial Terraces Tygervalley Waterfront Bellville, Cape Town, 7530

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Sharenet CFDs · WikiFX Survey

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Sharenet CFDs · Company Summary

General Information

Sharenet is a CFD and Forex broker that has been operating since 1988. The company was registered in South Africa, and its head office still operates there. The broker offers clients trading in five asset classes, including currency pairs, CFDs on indices, energy products, precious metals, and bonds. Spot shares are available to South African residents. The company provides access to the Johannesburg Stock Market (JSE). The Sharenet Group comprises of Sharenet Securities, Sharenet CFDs, and Sharenet Wealth. Sharenet CFDs is built on IG's internationally acclaimed platform and gives clients leveraged exposure to an extensive array of financial instruments Three seems no evidence that harenet CFDs is regulated by any financial agency.

Products & Services

Sharenet CFDs offers traders the opportunity to invest in global financial markets and instruments including forex spots, CFDs, shares, ETFs and Exchange Traded Commodities.

Margin

As the holder does not provide the full contract value a deposit needs to be paid to cover potential losses. This deposit varies but can be as low as 5% for some shares.

Commissions

The rate of interest charged will depend on the notional value of the position, and the currency in which the trade is held. For share CFDs, Sharenet CFDs base the rate on SABOR and a premium of 2.5% calculated from this base depending on whether you are long or short. (The premium is added to the base rate to calculate interest charges on long positions, and subtracted from the base rate to calculate the rate of interest paid on short positions). Take Equities as an example, the commission is 0.2% (changed on opening and closing position; minimum charge of R100). While for 24 hour SA40 Trading, there is no commission.

Customer Support

Thes Sharenet CFDs customer support can be reached through telephone: (021) 700 4800 as well as email: support@sharenet.co.za. Sharenet CFDs head office: 301, 3rd Floor Imperial Terraces,Tygervalley Waterfront, Bellville, Cape Town, 7530.

Broker Information

Company Name

SHARENET (PTY) Ltd

Abbreviation

Sharenet CFDs

Regulatory Status

No Regulation

Platform registered country and region

South Africa

Phone of the company
  • +27 (0)21 700 4800

Twitter
Facebook
Instagram

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YouTube

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Company address
  • 301, 3rd Floor, Imperial Terraces Tygervalley Waterfront Bellville, Cape Town, 7530

Linkedin
WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • helpdesk.za@ig.com

  • support@sharenetcfds.co.za

Company Summary

User Reviews

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2

Comments

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红荭Hellin
more than one year
Well, I haven't actually traded with Sharenet CFDs myself, but I've seen plenty of negative reviews online. However, there are also some positive tweets on Twitter about this trading platform. I'm not entirely sure if those positive reviews are genuine or just promotional, so I'm hesitant to try it out.
2023-03-29 09:51
Reply
0
0
CPT-Jake
more than one year
Sharenet CFDs has been my secret way of massively earning income and building capital in CFDs. They've been really amazing ever since I joined their services. I’ll give them five stars!
2023-03-02 14:42
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0
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