CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
70% of retail investor accounts lose money...
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FXCM South Africa (Pty) Ltd is an authorised FSP acting solely as an intermediary in terms of the FAIS Act between the client and Forex Capital Markets Limited. The FSP is not a market maker or product issuer and does not act as the principal or counterparty.
South African residents are required to obtain the necessary tax clearance certificates in order to utilise their foreign investment allowance should the South African resident wish to open an international account with Forex Capital Markets Limited.