We have been in touch with the team at Capital Spreads in London today.

It appears that there continues to be a degree of hesitation amongst South African residents concerning getting involved in spread trading because spread trading companies tend to be based outside of South Africa.

I have just spoken to the team at Capital Spreads in London who say that if all the relevant documentation is provided you will be able to open a spread trading account that is denominated in Rand.

According to Capital Spreads the key document that must be submitted is a Proof of Identity - your Passport / ID Card will certainly suffice. The reason these documents must be submitted is to ensure laws concerning money laundering are complied with.

There should be nothing stopping retail investors in South Africa from accessing both South African, and global, financial markets with this simple and highly efficient trading tool.

If you have any questions get hold of me at

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