We have everything you need for you to start trading, from expert advice, interactive platform and an array of investment portfolio options to help you on your trading journey. Get access to local and global stock market, shares, exchange-traded funds and more.
Select a suitable trade account
All brokerage and monthly fees are excluding VAT. Statutory fees apply on all trades.
Smart Account
Trade online in local shares,
ETFs and more.
Monthly fee
R75.00*
Brokerage
0.4% (min R120)
Tax-Free Savings Account
Trade tax free in select local
exchange-traded funds.
Monthly fee
None**
Brokerage
0.2% (min R15)
Exchange Traded Fund Account
Trade online in local
exchange-traded funds.
Monthly fee
None**
Brokerage
0.2% (min R60)
World Trader Account
Trade online in
top global markets.
Monthly fee
See fee schedule
Brokerage
Refer to offshore fee schedule
*Absa Premium and Private Banking customers enjoy a reduced monthly fee and brokerage rates. Statutory fees apply.
**R35 monthly fee charged every 60 days where no trades are conducted, unless annual or lifetime limits are reached (Tax Free Account).
Compare and choose a trading account that works for you
Check out the various benefits you’ll get with each of our products.
| Smart Account | World Trader Account | Tax-Free Savings | Exchange Traded Fund Account | Managed portfolios | |
| JSE shares | ✓ | ✓ | |||
| Exchange Traded Funds | ✓ | Select ETFs | ✓ | ||
| Offshore shares | ✓ | ✓ | |||
| Offshore ETFs | ✓ | ||||
| Brokerage* | 0.4% or min R120 | As per fee schedule | 0.2% or min R15.00 | 0.2% or min R60.00 | 0.40% |
| Monthly fee / inactivity fee* | R75.00 | - | R35 per 60 inactive days | R35 per 60 inactive days | 0.60% - 0.80% annual management fee |
| Live prices | ✓ | ✓ | ✓ | ✓ | |
| Education | ✓ | ✓ | ✓ | ✓ | |
| Research | ✓ | ✓ | ✓ | ✓ | |
| Online and telephone access | ✓ | ✓ | ✓ | ✓ | View-only access |
| Access to a dedicated portfolio manager | ✓ | ||||
| Portfolio management fee | ✓ | ||||
| Tell me more | Tell me more | Tell me more | Tell me more | Tell me more |
* Please note that fees and brokerages above do not include statutory charges or VAT.
Disclosure: There are certain risks which we wish to bring to your attention and which SPM will not be liable for. Please ensure that you fully understand the risks, manage your exposure and seek independent advice if necessary, before you trade or invest. The value of your investments can rise and fall, which means that your investment could increase or decrease in value. Past performance of any security or other products is not necessarily an indication of future performance. Please consult a tax practitioner for tax advice on the tax consequences of trading or investing in securities or other products.
Absa Stockbrokers and Portfolio Management (Pty) Limited, Registration Number 1973/010798/07, a member of the Absa Group Ltd
Member of the JSE™ Equity Market. Authorised Financial Services Provider FSP No. 45849
Registered Credit Provider Reg No NCRCP68
Disclaimer: Please ensure you fully understand the risks and take care to manage your exposure and seek independent advice if necessary. When trading or investing in securities or other products, the value of such can rise and fall, which means that your investment could increase or decrease in value. The past performance of any security or other products is not an indication of future performance. Please consider the risks involved before you trade or invest. Please consult a tax practitioner to for tax advise on the tax consequences of trading or investing in securities or other products
Need more help
Call us on: 0860 05 04 03
+27(11) 225 8018 (International)
Email:
equities@absa.co.za
