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Sharenet Securities Review: Is It Legit and Regulated?

Sharenet Securities (Pty) Ltd

ZA Operating period unverified
AKA Sharenet CFDs

FindMyFX score

high risk

5.1/10

0 Score out of 10 10
Independent assessment Updated 2026-07-23

Contact & regulation

Official website
sharenet.co.za
Address
Not verified
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 profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

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.
100%coverage

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.

1 entity

Sharenet Securities (Pty) Ltd

Primary
ZA Registration not shown

Trading access

Account types

Available account structures and their current verification state.

1 account

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

unverified

Research sources

Licenses and regulators

FSCA

28430

unverified

Last verified: Not shown

Type: Financial services provider
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Non-trading fee schedule

Conversion Fee

unverified

Amount not shown · 0.5000%

The official costs page lists a 0.5% currency-conversion fee.

Overnight Fee

unverified

Amount not shown

The official costs page describes overnight financing for forex positions.

Jurisdiction-specific offerings

ZA · Client class not shown

unverified

Entity not linked · Leverage 1:20

Compensation scheme not shown

Instrument trading costs

EURZAR

unverified

Typical spread: — points · Commission: —

Swap long — · short —

USDZAR

unverified

Typical 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.