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General Category => The Investor Challenge => Topic started by: rjthomas on January 02, 2018, 01:04:50 pm

Title: Investor Challenge fees
Post by: rjthomas 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
Title: Re: Investor Challenge fees
Post by: Patrick 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.
Title: Re: Investor Challenge deposit
Post by: rjthomas 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.
Title: Re: Investor Challenge fees
Post by: Patrick 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.
Title: Re: Investor Challenge deposit
Post by: rjthomas 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.