Guiding consumers since 2009

Test your trading skills online

By Staff Writer

Have you always wanted to speculate on the stockmarket but have till now been too afraid to try it out for fear of making the wrong decision and losing your hard earned savings? Well now you can get a taste of what it’s like to trade thanks to the  Johannesburg Stock Exchange’s launch of an online trading simulator which allows aspirant traders to test a range of JSE products, in a risk-free environment.
 
Called the JSE Virtual Trader, it is hosted on the JSE website and registered users are able to trade any of the JSE’s suite of products, on a real-time basis. Utilising virtual cash and a 15 minute delayed price feed, you can now experience the world of trading through investing, hedging and speculating.

Traders can test their investment strategies and track a virtual portfolio created from any the JSE asset classes. The user will have the benefit of experiencing how various products on the exchange are priced, traded, risk-managed and settled on a daily basis, all within a risk-free environment.
 
“The JSE Virtual Trader is aimed at individuals who understand the basics of investing but who have not yet opened a trading account and those who want to expand the product range that they use. For example, investors interested in derivatives can practise their trading strategies here before committing any capital,” says Anthony Leibrandt, manager: bonds and financial derivatives at the JSE.
 
To test your skills at no cost by registering here for your free, risk-free, 30-day account.  

Recent Articles

Featured Everything you should know about tax auto assessment

In 2019, the South African Revenue Service (SARS) launched a system, which was dubbed an “auto assessment”, to assist taxpayers with their annual tax returns. But what does this system entail, and how will it impact you?

What does it mean to be a registered Financial Services Provider?

You may have noticed that financial institutions state that they’re registered Financial Services Providers (FSP). But what does this actually mean, and how does this benefit you as a consumer?

Should the retirement age change?

Across the world, people are retiring later than they used to. However, retirement products are centred around set retirement ages at which point you’d be able to access your retirement savings. But how applicable is the current retirement age in South Africa?

Everything you need to know about wills

Death can leave a lot of confusion and chaos. What happens to your possessions when you die can have a profound effect on those you leave behind. But you can soften the impact by drawing up a will.

Deals

Get 30% off your gym membership with Absa student account

Price: Available on request
When: Daily
Where: Nationwide

Get 10% discount on Rentalcars.com

Price: Available on request
When: Daily
Where: Worldwide

Get up to R5 back in rewards points when buying fuel

Price: Available on request
When: Daily
Where: Nationwide


Latest Guide

Guide to debt rehabilitation solutions