Opening Purchase
Sign up
Home
>
Glossary
>
Opening Purchase

Opening Purchase

The initial buying or selling that establishes, or opens, a new position.

Start growing your wealth, today.

Remember that CFDs are a leveraged product and can result in the loss of your entire capital. Trading CFDs may not be suitable for you. Please ensure you fully understand the risks involved. Please consider our User Agreement, Risk Disclosure Notice, Summary Order Execution Policy and FAIS Statutory Declaration, before using our services. CFD traders do not own or have any rights to the underlying assets.

The information on this website is general in nature. Please consider the information in light of your objectives, financial situation and needs.

 

Klips is a trademark of Klips FL Ltd. and operates through the following entities:

 

Klips SA (Pty) Ltd, registration number 2016/461027/07, authorized by the South African Financial Sector Conduct Authority (the “FSCA”) as an authorized Financial Service Provider (“FSP”) with license number 47742, registered and physical address of Sovereign Quay, Suite 0213, Corner of Lindley & Somerset Roads, Green Point, Cape Town 8005, South Africa.

CFDs are leveraged products and can result in the loss of your entire deposit. Ensure you understand the risks involved.