Richard Montana | June 17, 2021
Headquartered in Johannesburg, South Africa, EasyEquities (EE) is an online platform that allows you to buy shares in the brands and companies you love. The broker provides traders with a mobile-based trading platform to carry out their transactions. For as little as R5 or $10 or whatever amount you have available to invest, both newbies and seasoned investors can grow their wealth — without monthly brokerage fees. The broker’s clients benefit from educational resources, useful trading tools, and the services of a knowledgeable client support team.
Pros / Cons
- Mobile-based trading platform
- Minimum deposit of $10
- Educational resources
- Selection of trading tools
- Regulated broker
- Limited deposit/withdrawal options
- Stocks only, no forex or cryptos
- No MetaTrader platforms
- No USA traders
Built on the core values of openness and transparency, EasyEquities is an online financial services provider that is bent on removing the barriers to entry in local and international stock markets, attempting to make the purchase of shares accessible, cheap and fun. The broker has won the following industry awards: Accenture Innovation Award 2014, Business Day Investors Monthly Award 2014, Top Stock Broker of the Year 2015, and more.
EasyEquities (EE), a subsidiary of JSE listed Purple Group Limited (PPE) is licensed by the Financial Sector Conduct Authority (FSCA) with the FSP number 22588.
EasyEquities offers its services to residents of countries and jurisdictions where the use of such services would not be contrary to any local laws or regulations.
The broker allows traders to buy stocks from their favourite companies using an advanced mobile app — Capitec App. The app is compatible with smart phone devices running on Android and iOS. It can be downloaded from the relevant app stores and used to place trades and check trading positions even while on the move, provided there is an internet connection.
In addition to the various built-in tools of the Capitec app, traders are provided with some standalone trading tools to help them get the best out of their trades. These tools include the Risk analyse tool that allows you to get your risk number, which you can use to guide investment picks.
There are various educational resources on the broker’s website. The educational materials are aimed at improving clients’ trading skills and knowledge. They include learning articles, trading guides, video tutorials, blogs, research & analysis, trading academy, news that keeps traders in the know of the latest happenings in the financial markets.
The broker offers access to trading stocks from a range of popular companies around the globe.
The trading account options are available at EasyEquities: easy equities account, demo account, and tax-free savings account. The minimum deposit required to start trading is $10.
The broker’s customer support team is always available to respond to clients’ general, technical, and account-related inquiries. The support team can be reached through the following contact channels: telephone, email, social media, and support ticket.
All account deposit and withdrawal requests at EasyEquities are processed using any of the following payment methods: credit/debit cards, EFT bank transfer, SiD, and more.
EFT deposits may take up to 2-3 business days to reflect in your EasyEquities account. The correct account number must be used as a reference to ensure the funds are allocated to the correct account.
You can open a trading account by clicking on the ‘Register’ button on the broker’s website, fill in the quick account application form and submit.
EasyEquities is an online financial services provider that is based in Johannesburg, South Africa. They provide a global clientele with access to trade their favourite stocks using a mobile trading platform. They give traders access to educational resources, useful trading tools, and the services of a responsive client support team. The minimum deposit amount required to start trading is $10.