SA's Top Rated Online Trading Platforms
Finweek English|6 June 2019

Online trading platforms have become more easily accessible than ever, and freely so in some instances. finweek takes a look at fees, ease of use and market information offered by each to help readers find the best platform for their needs.

Timothy Rangongo
SA's Top Rated Online Trading Platforms

all self-respecting active traders take the tools of their trade seriously. They arm themselves with trading platforms that enable them to execute trades in a wide range of securities (from options, swaps and equities to digital and virtual currency) at razor-sharp speeds.

We take a look at the online platforms EasyEquities, IG Markets, DWT Securities, Rand Swiss, Sharenet, GT247, Khwezi Trade, Old Mutual Wealth Trader and Standard Bank Online Share Trading and how they compare when it comes to fees, financial securities on offer, market information and most importantly, which platforms are best-suited for investors versus traders.

EASY EQUITIES

Intellidex conducted market research across financial and capital markets in SA in 2018. It designed two comprehensive questionnaires – one for stockbrokers and another for their clients. The survey report lauded EasyEquities’ ease of use, saying “the firm’s efforts to make trading and investing fun and less daunting to novice traders is paying off, and it is one of the lowest-cost brokers around”.

“EasyEquities enables anyone to invest in the stock market. We do that by making the experience of investing easy and educational – no jargon, no complex tech and lots of content to help you get clued-up about what investing means and how it can make a real difference in your life,” says the platform’s head of client engagement, Justin Pearse.

“We’re also really affordable – it’s part of our drive to lower barriers and create access to wealth creation. Because of our fractionalised investing model, anyone is able to invest with as little as R10.”

The broker (rated 9.07 out of 10 by Intellidex) prides itself on providing a simple trading process and platform for investing not only in equities but exchange-traded funds (ETFs) and notes (ETNs) as well.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM FINWEEK ENGLISHView all
THE HEALTH OF SA'S MEDICAL SCHEMES
Finweek English

THE HEALTH OF SA'S MEDICAL SCHEMES

As the Covid-19 pandemic abates, finweek takes a look at the financial performance of some of the largest players.

time-read
7 mins  |
5 November 2021
The effect of Gilbertson's departure
Finweek English

The effect of Gilbertson's departure

With Ntsimbintle Holdings now the major shareholder of Jupiter Mines, it could change SA’s manganese industry.

time-read
3 mins  |
5 November 2021
Making money from music
Finweek English

Making money from music

Why investors are increasingly drawn to the music industry.

time-read
3 mins  |
5 November 2021
Conviction is key
Finweek English

Conviction is key

Sandy Rheeder plays a critical role in Mukuru’s mission to open up financial services to the emerging consumer market in Africa through tailor-made technology solutions and platforms.

time-read
5 mins  |
5 November 2021
The post-pandemic toolkit
Finweek English

The post-pandemic toolkit

How CFOs can use technology to support growth.

time-read
4 mins  |
5 November 2021
Big city living exodus
Finweek English

Big city living exodus

Mini cities like Waterfall City and Steyn City are redefining city-style apartment living.

time-read
3 mins  |
5 November 2021
Big compact, big value
Finweek English

Big compact, big value

Handsome, with a hefty level of standard specification, the roomy Haval Jolion compact crossover is a great value proposition.

time-read
3 mins  |
5 November 2021
On barriers to entry
Finweek English

On barriers to entry

There are various ways in which a company or sector can achieve competitive dominance. They usually make for good investments.

time-read
2 mins  |
5 November 2021
Fear and greed in one index
Finweek English

Fear and greed in one index

To buck the trend, when markets are hot or cold, is a tough thing to do. However, it can deliver solid returns.

time-read
3 mins  |
5 November 2021
Africa's largest data centre facility coming soon
Finweek English

Africa's largest data centre facility coming soon

Vantage Data Centers plans to invest over R15bn for its first African data centre facility in Attacq’s Waterfall City.

time-read
3 mins  |
5 November 2021