Sanlam iTrade NEW Virtual Competition

Many existing and potential investors wish to learn more about investing on the JSE without risk before they use real money. Others wish to hone their skills and try new strategies. Last year more than 12,000 investors and potential investors used the competition to gain investment experience. Now you can register and participate again.

We changed the rules to make it more realistic. Now you have to buy at the offer price on the JSE and sell at the bid price, not the last traded price like last year. This reduces the chances of misuse by participants in low volume shares. It is also more realistic if you want to trade quickly. In addition you can only trade in the Top 100 shares on the JSE and ETFs, no penny stocks.

Big prizes are again on offer. The overall winner will win R100 000 (in real money, not virtual) plus free access as an "iTradePro" client with Sanlam iTrade for a year. The top 100 Traders with the biggest portfolios win free access as "iTrade" clients with Sanlam iTrade for six months.

Registration is completely free and you will have access to most of the website features for five months (excluding real trading). You can practice before the competition starts in order to get used to virtual trading, so register NOW! No registration will be allowed during the first two days of the competition. Even if you registered last year you will have to register again and choose a new unique user name. Click on this link to register www.sake24.com/miljoen-kompetisie. Remember that you can only log in on the website of Sake 24, so save the link in your favourites.