Please send us an query via the website or contact one of our consultants directly
Landline: (011) 234 6570
Cnr 10th Avenue and Wessel Road
8:30 to 17:30
Outside Office Hours
Please feel free to send an email to firstname.lastname@example.org
Bank: Standard Bank (Rivonia Branch)
Branch Code: 001255
Account Name: Intrepid Capital
Account Number: 02303 7598
When depositing funds into the account, please use your unique 6-digit client code as a reference.
+27 (011) 234 6570
011 234 6570
You can either register online or contact us NOW. After the FICA process, you will be receive your login details, and will be able to start trading.
We will provide you with the necessary training to fully understand our DMA platform "Web Trader Pro". Please see "attend a seminar" to see the list of seminars and training we offer.
Please see FICA requirements
Once we have received your FICA documents, we register you as a client on the JSE, once we have obtained your 6-digit unique code, we apply for a call account for you at our clearing member.
Once a call account is created, we send you a welcome letter detailing all the necessary information for you to deposit your funds.
After you have deposited your funds, it takes a least 2 working days before your money is reflected into your account.
There are two ways in which to access the Web Trader Pro (Our DMA Platform):
Using the same username and password as above
You can log into the trading platform from anywhere on a PC, tablet or mobile device with internet access.
We suggest you start by creating a watchlist. You can create up to 3 different watchlists.
In the add symbol field type in the name of the share you which to follow. Once completed, click on the magnifying glass and all the possible contracts that are linked to this share appears.
Always choose the dividend neutral contract (N) and always choose the near contract, i.e always choose the contract with the closest expiry date. For example if it is February you will choose the MAR15 contract. If it is April, you will choose the JUN15 contract.
Once you have created a watchlist, it is much easier to follow and trade in the contracts you are interested in.
Regular training courses are held at our offices in Rivonia To accommodate individuals, these courses are held after hours. Usually from 17:30 /18:00 to 19:00/19:30
To book please click here
From your "live watch list" screen, once you have created your watchlist, click the price of the instrument you wish to trade. Click the price either under "bid" or "offer", depending if you want to buy or sell.
Bid = Buy
Offer = Sell
A order sheet will appear, detailing the bid/offer prices, number of contracts, account in which it will be traded out of, a place to enter the price etc
There are 2 main reason as too why a price would not appear on the screen
Initial margin requirements vary from contract to contract. Please visit one of the following links to determine the margin required:
JSE Equity & Commodity Derivatives Margin Calculator
JSE Currency and Interest Rate Derivatives Margin Calculator
Generic Derivatives Initial Margin Calculator
Initial Margin is the minimum amount required to open a position on the market. Given that variation margin will likely be required at some point, it is advisable to hold more cash than initial margin in your account to fund theses variation margin calls. Note that variation margin funds are required to clear by the following business day by 11:30am.
Our front end provides real time information on the following
Under "Portfolio" you will be able to view,
- the order book
- the trades book
You will also find your portfolio value, available cash, gearing and current total exposure.
We show three lines as it takes up a lot of bandwidth and slows the website down which is critical for fast trading. We believe you will agree that trading at the optimal speed is critical.
An order can either be ‘limit’ or ‘Market’.
Limit refers to an order with an order price as determined by you. You limit your order to that price and it will only trade at that price. The risk here is that the market never gets to that price.
Market refers to a price that is the best market price in the market at the time of the order, depending whether you are buying or selling.
Important Note: Market order is not available in the derivative markets. Please do not choose this option.
All orders on futures contracts are good till the end of the day. Your order is not rolled over to the next day.
Unrealised (Profit and Loss) PnL reflect your intraday PnL positions before you close out any positions. The unrealised PnL becomes realised PnL at close of markets at the end of each day.
When you exit positions during the day, the unrealised PnL becomes realised PnL and will reflect as realised PnL during the day.
Yes. You will earn interest on both:
Interest is calculated on a daily basis, but is only credited to your account at the end of each month.
Withdrawal of surplus funds is possible at any time, but may take up to 3 working days to reflect on your bank account.
Please email a withdrawal request to our compliance officer. Click here
In terms of JSE rules, stockbrokers are not allowed to hold cash in clients’ accounts. Instead, this cash is held in a trust account named JSE Trustees, which is operated by the JSE Securities Exchange on behalf of the stock broking fraternity.
At NO time is your money held by Intrepid Capital
Due to the JSE trustees regulation, Intrepid Capital never holds your money. You money is kept in your personal call account at our clearing member. Our clearing member is Standard Bank.
Password and Other Technical Issues
for assistance or call 011 234 6570
If you have any problems with the platform or believe that your portfolio value, positions etc are incorrect please contact us immediately on 011 234 6570
or email, a screenshot and detail of your problem.