Is designed to deliver the world’s markets to you.
Gain instant access to local and international shares to purchase, in whole or in part. Buy a financial instrument, such as a stock or FX, with the expectation that its value will increase over time. You make a profit by selling it at a higher price than what you paid for it.
Sell a financial instrument that you don’t own, with the expectation that its value will decrease, by borrowing the asset from someone else and selling it in the market. If the price goes down as expected, you can buy it back at a lower price, return it to the lender, and make a profit from the price difference.
Save in ZAR or USD in overnight savings accounts. Near instant currency conversion when you add to your USD balance for the purposes of trading or saving.
You can trade with margin on Clarity but you can also choose not to. It is up to you and your level of experience in doing so. It allows you to control a larger amount of money in the market with a smaller amount of your own money. For example, if you have ZAR 1,000 and use a leverage ratio of 1:10, it means you can trade as if you have ZAR 10,000. This can potentially amplify your profits, but it also increases the risk of losses.
USD and ZAR savings in overnight accounts with competitive rates on balances
Using Clarity as your self-directed trading platform means that you are trading with CFD’s or contract-for-difference with Investec Bank. CFDs are financial instruments that allow traders to speculate on the price movements of various underlying assets. CFDs (Contracts for Difference) and owning shares represent two different ways of participating in the financial markets. With CFDs, you don’t own the underlying asset (such as a share) but rather enter into a contract with a broker allowing you to participate in the gains and losses.
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