Author Topic: Investor Challenge fees  (Read 13885 times)

rjthomas

  • Jr. Member
  • **
  • Posts: 81
  • Karma: +2/-0
  • Invest in Yourself
    • View Profile
    • Ramon Thomas Blog
Investor Challenge fees
« on: January 02, 2018, 01:04:50 pm »
Happy new year!

Please clarify the fees for buying and selling equities on the Investor Challenge. If you are using some averages, it would be good to know the details for planning trades.

Thanks
Ramon
South African working in China since 2012

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2551
  • Karma: +47/-2
    • View Profile
Re: Investor Challenge fees
« Reply #1 on: January 02, 2018, 01:33:15 pm »
Hi Ramon, we're using the same fees as ABSA stockbrokers, 0.4% with a R120 minimum.

rjthomas

  • Jr. Member
  • **
  • Posts: 81
  • Karma: +2/-0
  • Invest in Yourself
    • View Profile
    • Ramon Thomas Blog
Re: Investor Challenge deposit
« Reply #2 on: May 03, 2018, 11:25:50 am »
Hi Patrick, I did not receive my R100,000 deposit on 1 May. Please double check this for me and everyone else.
South African working in China since 2012

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2551
  • Karma: +47/-2
    • View Profile
Re: Investor Challenge fees
« Reply #3 on: May 03, 2018, 11:53:48 am »
Hey Ramon, it looks like you got it and spent it straight away? The numbers in your account seem to add up too.

rjthomas

  • Jr. Member
  • **
  • Posts: 81
  • Karma: +2/-0
  • Invest in Yourself
    • View Profile
    • Ramon Thomas Blog
Re: Investor Challenge deposit
« Reply #4 on: May 03, 2018, 11:04:37 pm »
No, I did not receive anyting on 30 April or 1 May. I see what you mean about R500,000 received for 5 months.
South African working in China since 2012