Leverage: Not Offering
Regulation: FSCA, ASIC
Min. Deposit: $0
HQ: South Africa
Platforms: EasyEquities Proprietary Trading Platform, Mobile Apps
Found in: 2014
EasyEquities is an online Stock trading and investment platform that provides individuals with the ability to invest in Stocks, ETFs, Crypto, and Property.
Based on our research, the company is headquartered in South Africa and operates under the regulatory supervision of the reputable FSCA authority. Additionally, it has a presence in Australia and is registered with the top-tier ASIC, enabling Australian investors to access stock markets in Australia, the U.S., the UK, and Europe through the platform.
Overall, the platform is known for its user-friendly interface and aims to make investing accessible to a broad range of audiences.
Yes, EasyEquities operates as a stockbroker and an online investment platform. It facilitates the buying and selling of Stocks and other financial instruments and allows individuals to manage their investment portfolios.
Per our findings, the broker comes with its set of advantages and disadvantages. On the positive side, it offers a user-friendly online trading platform, making it accessible to investors of all levels. Another advantage is the availability of fractional investing, enabling individuals to invest in portions of high-value stocks. The firm also offers extensive educational resources to empower investors in making informed decisions.
For the cons, there is no 24/7 customer support available which might be a drawback for those who prefer round-the-clock assistance. Additionally, the range of available markets is not as extensive as some other stock trading platforms, which could limit investment options for certain individuals.
| Advantages | Disadvantages |
|---|---|
| Good trading conditions | No 24/7 customer support |
| $0 minimum deposit | Limited trading products |
| User-friendly interface | |
| Cost-effective | |
| Education | |
| Secure investing environment | |
| Fractional Shares | |
| Self-directed investing |
| 🏢 Headquarters | South Africa |
| 🗺️ Regulation | FSCA, ASIC |
| 🖥 Platforms | EasyEquities Proprietary Trading Platform, Mobile Apps |
| 📉 Trading Products | Stocks, ETFs, Crypto, Property |
| 💰 Stock Commission | From $10 |
| 🎮 Paper Trading/ Demo Account | Available |
| 💳 Minimum Deposit | $0 |
| 💰 Base Currencies | USD, ZAR, AUD, GBP, EUR |
| 📚 Education | Provided |
| ☎ Customer Support | 24/5 |
According to our analysis, the firm is known for its competitive investment solutions, user-friendly trading platform, and commitment to low-cost investing. However, we recommend considering the specific investment needs, preferences, and potential limitations of the platform before making a decision.
| Ranking | EasyEquities | Firstrade | M1 Finance |
|---|---|---|---|
| Our Ranking | ⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
| Advantages | Investment Services | Trading Fees | Trading Conditions |
While the firm offers competitive trading conditions for investors, other stock trading firms may offer additional benefits such as a wider range of trading products, trading platforms, etc. So, we have compiled a list of alternatives for you to consider.
No, EasyEquities is not a scam. It is a reliable Stock trading broker that follows the rules and guidelines established by the South African FSCA and Top-Tier Australian ASIC. These regulations safeguard client assets and provide low-risk trading.
Yes, EasyEquities is a legitimate and reputable firm for traders looking to invest and manage their assets.
Additionally, the company does not offer services in offshore zones, emphasizing its commitment to operating within regulated jurisdictions and providing transparency to investors.
See our conclusion on EasyEquities Reliability:
| EasyEquities Strong Points | EasyEquities Weak Points |
|---|---|
| Two-factor authentication | None |
| Professional investing environment | |
| Negative balance protection |
The firm implements a variety of security measures to protect client trading. This includes encryption protocols for secure data transmission, two-factor authentication for account access, negative balance protection, and adherence to regulatory guidelines to ensure a safe trading environment.
However, conduct thorough research and carefully examine the firm’s documentation, legal agreements, and policies. This will provide a comprehensive understanding of the specific trading protections offered by the platform.
We found that EasyEquities does not offer a margin trading feature. Margin trading involves borrowing funds to leverage investment positions, and not all trading platforms provide this feature.
However, for the most accurate and current information about the firm’s offerings, including leverage or margin trading, we recommend checking the official website or contacting its customer support directly.
Based on our findings, the platform offers various account types expressed in different currencies, including South African Rand (ZAR), Australian Dollar (AUD), US Dollar (USD), British Pound (GBP), and Euro (EUR). These currency-specific accounts cater to users in different regions, providing flexibility for investors to operate in their preferred currency.
| Pros | Cons |
|---|---|
| Variety of currency-based account types | None |
| No minimum deposit | |
| Fast and easy account opening |
Opening an account with a broker is considered quite an easy process, as you can log in and register within minutes. Just follow the opening account or EasyEquities login page and proceed with the guided steps:
The broker provides a range of trading products, including Stocks, ETFs, Crypto, and Property. Users can invest in individual stocks, gain ownership in specific companies, and diversify their portfolios by trading ETFs that represent a collection of assets.
The platform’s emphasis on fractional investing allows traders to buy and sell fractional shares, making it more accessible for investors with smaller amounts of capital.
According to our findings, the platform typically charges EasyEquities costs associated with various aspects of trading and account management. These fees include brokerage commissions, which are costs incurred when buying or selling stocks or ETFs. Additionally, users should be aware of any currency conversion fees if they are trading in different currencies.
While EasyEquities aims to keep its fees competitive, traders should review the detailed fee structure on the platform’s official website or contact customer support to ensure a clear understanding of the costs associated with their specific transactions and account activities.
| Fees | EasyEquities Fees | Firstrade Fees | M1 Finance Fees |
|---|---|---|---|
| Deposit fee | Yes | Yes | Yes |
| Withdrawal fee | No | Yes | Yes |
| Inactivity fee | No | No | Yes |
| Investment Plans | Yes | Yes | Yes |
| Fee ranking | Low/Average | Low/Average | Low/Average |
Based on our test trade, EasyEquities charges trading commissions on transactions made through its platform. The specific commission structure may vary based on factors such as the size of the trade, the type of financial instrument, and the currency involved.
However, trading commissions and fees can change over time and may vary based on the specific investments and market conditions. Therefore, investors should review the platform’s fee details for a comprehensive understanding of the costs associated with their investments.
| Asset/ Pair | EasyEquities Commission | Firstrade Commission | M1 Finance Commission |
|---|---|---|---|
| Stocks Fees | From $10 | From $0 | From $0 |
| Fractional Shares | Yes | Yes | Yes |
| Options Fees | - | From $0 | - |
| ETFs Fees | From 0,25% | From $0 | From $0 |
| Free Stocks | No | Yes | Yes |
We found that the specific trading hours for EasyEquities vary depending on the financial markets it provides access to, such as the South African, Australian, U.S., UK, and European markets. The trading hours in South Africa align with the operating hours of the Johannesburg Stock Exchange (JSE), where South African stocks are traded.
The JSE typically operates from 09:00 to 17:00 South African Standard Time on regular trading days.
Investors can fund their accounts with bank transfers, allowing users to transfer funds from their linked bank accounts and credit and debit cards which are often accepted for quick and convenient transactions.
Here are some good and negative points for EasyEquities funding methods found:
| Advantage | Disadvantage |
|---|---|
| Low funding fees | Limited funding methods |
| Fast digital deposits |
The platform does not impose a strict minimum deposit requirement, making it accessible to investors with varying capital amounts.
EasyEquities minimum deposit vs other brokers
| EasyEquities | Most Other Brokers | |
| Minimum Deposit | $0 | $500 |
Per our analysis, the firm allows users to initiate withdrawals from their accounts, providing a straightforward process for accessing funds. Traders can check the platform’s official documentation or contact customer support for specific details on withdrawal methods, processing times, and any associated fees.
To initiate a withdrawal fund from your trading account, the firm provides a set of typical steps that can be followed:
EasyEquities offers access to a proprietary trading platform designed by the company. This platform provides a user-friendly interface for executing trades and managing investments. Additionally, the broker provides mobile applications, allowing users to trade and monitor their portfolios on the go through smartphones or tablets.
| Platforms | EasyEquities Platforms | Firstrade Platforms | M1 Finance Platforms |
|---|---|---|---|
| MT4 | No | No | No |
| MT5 | No | No | No |
| cTrader | No | No | No |
| Own Platforms | Yes | Yes | Yes |
| Mobile Apps | Yes | Yes | Yes |
According to our findings, the platform provides a mobile app that allows users to conveniently trade and manage their investment portfolios from their smartphones or tablets. The app typically offers a user-friendly interface, enabling users to monitor market activities, execute trades, and access account information on the go.
Investors can stay connected to the financial markets and make informed decisions with the EasyEquities mobile app, providing flexibility and accessibility to their investment activities. Users can download the app from the respective app stores based on their device’s operating system.
The broker offers 24/5 customer support through email, EasyEquities contact number, and social media channels. The platform aims to offer responsive assistance to EasyEquities problems and address user concerns, ensuring a positive and supportive experience for its investors.
See our find and ranking on Customer Service Quality:
| Pros | Cons |
|---|---|
| Relevant answers | No 24/7 customer support |
| Email, phone support |
Finally, the broker offers a learning academy to empower investors and enhance their understanding of financial markets. These resources include articles, tutorials, webinars, and guides covering various aspects of investing, from basic concepts to more advanced strategies.
In conclusion, EasyEquities stands out as a comprehensive Stock trading firm, offering a range of features tailored to both novice and experienced investors. With a commitment to low-cost trading, transparency, and a suite of educational resources, the platform aligns with various investment preferences.
While the broker may lack certain advanced features, it provides competitive solutions for those seeking straightforward investment tools.
Overall, we found that the firm provides a reliable trading environment for investment. However, we advise conducting your research and evaluating whether the platform’s offerings suit your specific trading requirements.
Based on Our findings and Financial Expert Opinions EasyEquities is Good for:
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