A regulated approach to global trading
Trade5 is a trading brand operated by Semantic Fund Managers (Pty) Ltd, a South African Financial Services Provider authorised and regulated by the Financial Sector Conduct Authority (FSCA) under FSP No. 47725.
Semantic Fund Managers provides intermediary services in relation to financial products within the scope of its regulatory authorisation.
Our objective is to provide clients with access to modern trading technology and financial markets through a structured and transparent intermediary model, supported by appropriate client onboarding, risk management, regulatory controls and ongoing monitoring.
Our regulatory status
Legal entity: Semantic Fund Managers (Pty) Ltd
Jurisdiction: Republic of South Africa
Regulator: Financial Sector Conduct Authority (FSCA)
FSP Number: 47725
Authorisation: Category I and Category II intermediary services, subject to the specific products and services reflected on the FSP licence.
The company's authorised financial products include, subject to the precise scope and conditions of its FSP licence, derivative products and other financial products authorised by the FSCA.
Clients should refer to the company's regulatory disclosures and the FSCA's official FSP verification resources for confirmation of the current regulatory status.
Our role
Semantic Fund Managers acts as an intermediary.
Semantic does not represent itself as the principal or issuer of the CFD products solely as a consequence of providing intermediary services.
Where a client accesses CFD products through Trade5, the relevant contractual documentation will identify the applicable principal and counterparty.
Principal and liquidity arrangements
Trade5 works with external financial services and liquidity providers to facilitate access to financial markets.
CBCX is a key service provider within the Trade5 operating model.
The CBCX group includes regulated entities in South Africa and Mauritius. CBCX Markets (Pty) Ltd is authorised and regulated by the FSCA as FSP No. 49700, while CBCX Markets Global Limited is authorised and regulated by the Mauritius Financial Services Commission under Licence No. GB24202880.
The exact entity providing the relevant service and acting as principal or counterparty will depend on the applicable client agreement, product and jurisdiction.
No investment advice
Unless expressly agreed and legally authorised, Trade5 and Semantic Fund Managers do not provide personalised investment advice.
Information published on this website is provided for general information purposes and should not be interpreted as a personal recommendation, investment advice or a guarantee of investment performance.
Clients should obtain independent financial, legal and tax advice where appropriate.
International clients
Trade5 may accept clients outside South Africa where permitted by applicable law and subject to our internal jurisdictional restrictions.
The availability of our services does not mean that our services are authorised in every jurisdiction.
We do not actively target or solicit clients in jurisdictions where providing or promoting the relevant services would be prohibited or require an authorisation that we do not hold.
Applications may be declined where a client's jurisdiction, circumstances or proposed activity presents a regulatory, legal, AML/CFT or risk-management concern.
Client protection
We apply client onboarding and regulatory controls designed to ensure that clients are appropriately identified, assessed and provided with relevant information before accessing leveraged financial products.
Depending on the client's circumstances, onboarding may include:
- Identity verification
- Address verification
- AML/CFT screening
- Sanctions screening
- PEP screening
- Client classification
- Financial circumstances assessment
- Trading experience and knowledge assessment
- Source of funds and source of wealth checks
- Risk disclosures
- Acceptance of contractual documentation
No client is permitted to commence trading until the applicable onboarding and approval requirements have been completed.