General Category > The Investor Challenge

Investor Challenge fees

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rjthomas:
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

Patrick:
Hi Ramon, we're using the same fees as ABSA stockbrokers, 0.4% with a R120 minimum.

rjthomas:
Hi Patrick, I did not receive my R100,000 deposit on 1 May. Please double check this for me and everyone else.

Patrick:
Hey Ramon, it looks like you got it and spent it straight away? The numbers in your account seem to add up too.

rjthomas:
No, I did not receive anyting on 30 April or 1 May. I see what you mean about R500,000 received for 5 months.

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