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GT247.com is one of South Africa’s leading online trading platforms and discount brokers. Our facilities make the trading process simple, focused, cost-effective and efficient across a wide spectrum of instruments, including CFDs, Equities, Futures and Forex.

Discount Broker growth has been explosive elsewhere in the world, but not so in South Africa. Whilst many of our stockbrokers have invested heavily in internet based trading platforms, the industry has been less willing to aggressively reduce barriers to entry, limiting the impact of these platforms to the more well-heeled and sophisticated investor. GT247.com’s strategic response has been to "make it easy". Our size, technology base, people and related intellectual property combine to deliver a team capability that can go head to head with the best of our local and international peers. Innovation remains our competitive advantage, supported by easy access and low cost structures, we are confident that we will open up new target audiences and win over cost conscious clients.

We are a proudly South African business that trusts in our capability to deliver superior innovation and products and services that can compete globally.

What is a Discount broker?

A stockbroker who carries out buy and sell orders at a reduced commission compared to a full-service broker, but provides no investment advice. It used to be that only the wealthy could afford a broker and access to the stock market. The internet has brought an explosion of discount brokers which let you trade at a smaller fee. However, it is important to remember that discount brokers do not provide personalised advice. Because of discount brokers, anybody can afford to invest in the market. For those who wish to do their own research or do not want to invest a lot of money, using a discount broker is an excellent way to invest.

Source: Investopedia.com