Easy Equities is an online retail stock broker which has more than 50 000+ users and boasts one of the lowest brokerage costs in South Africa. It is a product of Purple Group Limited Company and GT247.com which is an authorised Financial Services Provider (FSP number: 22588).
Easy Equities is our sole execution partner, meaning that you will need to have an account with them to invest into Advicement investment portfolios (called bundles on their platform).
When creating an account with them, you will need to provide a copy of your South African ID and a proof of address. The registration process is speedy and straightforward, provided you have your FICA documents ready.
Easy Equities offers one of the lowest brokerage fees in the country. Here are some of the reasons we chose them to do the administration on behalf of our clients.
Easy Equities offers one of lowest brokerage fees in South Africa. No minimum trade commissions, no monthly account fees and no unnecessary data costs. As a result, more of your money gets invested which brings great benefits to our clients.
Easy Equities offers fractional share rights (FSRs) which mean you can own 1/1,000th of an ETF. FSRs allow investors to start investing into Advicement portfolios with as little as R100 and have the same exposure and diversification benefits as clients with larger investment amounts. This means no one gets left behind and anyone can start saving and be on their way to their financial goals.
Easy Equities prides itself on being able to do a fast and reliable execution of Advicement portfolios. Whole ETFs are executed on the JSE in your name and held in custody by First World Trader Nominees (Pty) Ltd on your behalf (just like with a typical stock broker). Fractional ETF rights are entered into using a CFD transaction concluded between yourself and GT247.com on a principal-to-principal basis.
All of this with a convenience of a few button clicks.
You can enjoy peace of mind as Easy Equities will handle all your administration of your investment quickly and efficiently.
This includes FICA approval, receiving funds via Electronic Funds Transfer (EFT), Instant electronic funds transfer (SID) or with a credit card. Easy Equities makes sure all your data is safe and protected.
Withdrawing your investment is just as easy, which typically takes 3-4 business days.