Trade British Pound / South African Rand

Trading Conditions
Spread0.01656
Long position overnight fee
Long position overnight fee

Margin. Your investment
ZAR 1,000.00
Overnight fee
Charges from full value of position
-0.01112 %
(-ZAR 2.22)

Trade size with leverage ~ ZAR 20,000.00

Short position overnight fee ~ ZAR 19,000.00


-0.01112%
Short position overnight fee
Short position overnight fee

Margin. Your investment
ZAR 1,000.00
Overnight fee
Charges from full value of position
0.0029 %
(ZAR 0.58)

Trade size with leverage ~ ZAR 20,000.00

Short position overnight fee ~ ZAR 19,000.00


0.0029%
Overnight fee time21:00 (UTC)
CurrencyZAR
Min traded quantity1000
Margin5
Stock exchange
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

GBP/ZAR

The base currency – GBP. The counter currency – ZAR. The GBP to ZAR chart is the British pound to the South African rand currency pair. It reflects how much the GBP is worth when measured against the ZAR. The GBP/ZAR is an exotic currency pair that is not traded as often as the majors, however still enjoys popularity among traders. Representing the largest global financial centre, the British pound is appreciated as one of the premier reserve currencies. South Africa is a middle-income emerging market and the largest global producer of gold, platinum and chromium. ZAR has relatively high interest rate, which makes it a popular trading currency. Follow the GBP to ZAR rates and explore this noteworthy trade vehicle.