Trade CFDs on Global Markets

Sanlam iTrade now offer online trading on all major Global markets through our relationship with Sanlam Private Investments Direct (SPI Direct). The offering entails trading CFDs on Indices, FX, Commodities, Individual Shares and Bonds.

If you want to trade only CFDs on the JSE you can do so through Sanlam iTrade. Click here for more information.



SPECIAL - You’re invited to get a £100 deposit bonus in 3 easy steps:

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What SPI Direct offers:

  1. Trade global markets 24 hours a day, Sunday 23:00 to Friday 21:15, UK time.

  2. Examples of the underlying instruments available for CFD trading: (These are examples only. Please consult the market information sheets on the SPI Direct website for updated information.)

    1. Futures Indices Wall Street; S & P 500; Nasdaq 100; UK 100; DAX 30; Nikkei 225; Australia; China; Hong Kong; India; Brazil and many more.

    2. Cash Indices UK 100; Wall Street; S&P; DAX; Spain; Nikkei, etc.

    3. Interest Rate Futures Euribor; Euroswiss, Short Sterling.

    4. Bond Futures Bund; Gilt; US 30 Year; US 10 Year, etc.

    5. Currencies 24 hour trading in all major currencies plus many minor pairs like USD/ZAR; EUR/ZAR and GBP/ZAR.

    6. Commodities Brent Crude; Carbon Emissions; Gold; Gold Futures; Silver; Copper; Wheat; etc.

    7. Individual Shares UK 100 & Mid 250; selection of S&P 500 & NASDAQ 100; German; French; Indian; Australian and even SA Top 40.

    8. For a complete list of instruments, Initial Margins and Spreads charged, click on CFDs Market Information .

  3. Market leading tight spreads with low margin and no commission. See link above.

  4. Trade CFDs on all the major financial asset classes through a multi-functional platform. See “Important Links” below.

  5. New to CFD trading? Find out more with SPI Direct. See “Important Links” below.

  6. Practice trading with the SPI Direct free £10,000 virtual funds demo account.

  7. Use CFD trading with SPI Direct as a hedging tool to protect investments in an existing share portfolio.

  8. Have peace of mind with SPI Direct guaranteed overnight stop orders at a small extra cost.

  9. Make the most of market moves with our trailing stops, which automatically track your positions, meaning you don’t need to worry about monitoring your position and moving your stop manually.

  10. Create and test trading strategies, using email and MSN trade alerts with SPI Direct's free charting package.

What will it cost:

  1. There are no monthly charges or price feed charges provided you trade at least 3 times a month. If less the cost will be $5 per month.

  2. To open an account we request a minimum deposit of $1,000 or equivalent in another currency of your choice.

  3. Spreads charged are very tight, for example: 4 points on UK 100 Future Index (1 point on the Cash Index); Gold 4 points (8 points on the Future); 1 point for EUR/USD; 15 points for USD/ZAR; 0.1% for S&P 500, Nasdaq 100 and UK 100 shares; 0.25% for SA Top 40 shares.

  4. Initial Margins (IM) are also very low, linked to automatic stops. For UK shares IM range from 3% to 10%, for S&P 500 between 5% and 15% and between 10% and 20% for SA shares.

  5. For a complete list of Initial Margins and Spreads charged, click on CFDs Market Information .

Risk Warning:

CFD trading carries a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved. View full risk warning .

How to register:

  1. If you want desktop support in South Africa without having to phone London, you have to register from the links below, not directly on the SPI Direct website.

  2. Foreign allowance:

    1. You will have to make use of your own foreign allowance to fund your account with SPI Direct in London. Asset swap clients are not allowed to trade in derivative instruments by the SARB.

    2. Since November 2013, SA citizens are allowed to use any part of their R1m a year foreign travel allowance to invest abroad. No Tax clearance or SARB approval needed. You only have to complete a form at your Bank to convert Rands into Pounds, Euros or Dollars to transfer to SPI Direct.

    3. You can choose any preferred currency on the SPI Direct platform which will be the currency needed for most of your trades. If you trade in other currencies than your chosen one, all currency conversions are done automatically.

    4. If you want to use your R4m a year foreign allowance you will still need a Tax clearance and SARB approval.

  3. To register for the free Demo Account click here .

  4. To register for an Account with SPI Direct click here.

Important Links:



Very Important:

Sanlam Private Investments, SPI, is a private client wealth management firm, specialising in providing wealth management, investment management, offshore and tax-efficient services to high net worth individuals, trusts, charities and small corporations. Sanlam Private Investments Direct (SPI Direct) is a trading name of London Capital Group Ltd which is authorised and regulated by the Financial Conduct Authority and a member of the London Stock Exchange, registered Address: 2nd Floor, 6 Devonshire Square, London EC2M 4AB, registered Number: 3218125. This trading name exclusively provides, on an execution-only basis, services in respect of CFD Trading; and your agreement with London Capital Group Ltd will govern the provision of these services. We recommend any investor considering CFD Trading take advice from an appropriately authorised adviser. If you require advice on the risks and suitability of CFD Trading, this can be provided under the terms of an agreement with Sanlam Private Investments (UK) Limited, which is authorised and regulated by the Financial Conduct Authority, registered address: 16 South Park, Sevenoaks, Kent TN13 1AN, registered number: 02041819.