Sharenet Securities (Pty) Ltd
PrimaryBroker profile
Sharenet Securities Review: Is It Legit and Regulated?
Sharenet Securities (Pty) Ltd
FindMyFX score
high risk5.1/10
Contact & regulation
- Official website
- sharenet.co.za
- Address
- Not verified
- Contact
- [email protected]
- Primary license
- FSCA · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is Sharenet Securities legit and regulated?
FindMyFX has license records for Sharenet Securities, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided company information
Sharenet Securities (Pty) Ltd is a South African financial-services provider offering CFDs that include foreign exchange. Its official pages publish gearing up to 20 times, web and mobile access, and simulated trading.
Professional broker overview
FindMyFX editorial summary
Sharenet Securities (Pty) Ltd publishes FSCA financial-services-provider number 28430 and offers CFDs across foreign exchange, indices, commodities, shares and cryptocurrencies. Its official pages state gearing of up to 20 times, ZAR and USD account options, web and mobile access and a simulated account. Published FX cost examples include USD/ZAR and EUR/ZAR spreads from 0.6 points, but the broker notes that spreads can widen. A direct FSCA register entry was not independently retrieved for this draft.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: Minimum-deposit information was omitted because the reviewed page contained potentially stale or conflicting content.
- Operational status
- active
- Broker type
- unknown
- Execution model
- Execution-only CFD service; the website also describes direct-market-access features for supported products.
- Support hours
- Not verified
Support languages: English
Documented advantages
- Offers FX CFDs, web and mobile access, and a simulated trading environment.
Documented limitations
- Published 0.6-point FX quotes are minimum observations and may widen.
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Trading access
Account types
Available account structures and their current verification state.
Sharenet CFD account
unverified- Deposit
- Not shown
- Leverage
- 1:20
Variable spreads and overnight financing apply; currency conversion is listed at 0.5%.
- Spread
- Not shown
- Base currencies
- ZAR, USD
- Margin call / stop-out
- —% / —%
- Demo / Islamic
- Yes / Unknown
- Balance protection
- Unknown
- Last verified
- Not verified
Markets and instruments
Commodity CFDs
unverified
Cryptocurrency CFDs
unverified
Forex CFDs
unverified
Index CFDs
unverified
Share CFDs
unverified
Additional broker contacts
Support
+27 21 700 4800
Research sources
Licenses and regulators
FSCA
28430
Last verified: Not shown
Non-trading fee schedule
Conversion Fee
unverifiedAmount not shown · 0.5000%
The official costs page lists a 0.5% currency-conversion fee.
Overnight Fee
unverifiedAmount not shown
The official costs page describes overnight financing for forex positions.
Jurisdiction-specific offerings
ZA · Client class not shown
unverifiedEntity not linked · Leverage 1:20
Compensation scheme not shown
Instrument trading costs
EURZAR
unverifiedTypical spread: — points · Commission: —
Swap long — · short —
USDZAR
unverifiedTypical spread: — points · Commission: —
Swap long — · short —
Score components
Regulation and licenses
5.0/10 · 35%The official page publishes FSCA number 28430, but a direct FSCA register record was not retrieved.
Security and track record
5.0/10 · 20%Current product and legal disclosures were found; no complete independent enforcement-history review was performed.
Trading conditions
7.5/10 · 15%Leverage, account currencies, example FX spreads and key charges are published.
Company transparency
7.5/10 · 10%The legal entity, FSP number, contacts, instruments and costs are publicly disclosed.
Service quality
5.0/10 · 10%Web, mobile and simulated access are documented, but no verified service-quality dataset was found.
Verified user reviews
0.0/10 · 10%No verified user-review dataset was found in the inspected official sources.
Profile update history
Broker profile was published.
2026-07-23
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.