Recommended for
- beginners 4.2/5
Trusted broker
Regulated by top-tier financial authorities
Popularity
3,181
people
chose this broker in the last 6 months
BrokerChooser Score
4/5
EasyEquities review summary
EasyEquities is a South African stockbroker, authorized by the Financial Sector Conduct Authority (FSCA). EasyEquities has low stock and ETF fees and charges no inactivity or withdrawal fees. Educational materials are varied and of high quality. Opening an account is easy and the process is fully digital. It is a good choice for beginner investors. On the negative side, there is no live chat and the phone support is slow and not helpful. Research tools are limited only to stock analyses and very basic charting tools. Lastly, there are only a handful of asset classes available, such as stocks or ETFs. BrokerChooser gave EasyEquities a 4.0/5 rating based on analyzing 500+ criteria and testing via opening a live account.
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EasyEquities pros and cons
Pros
Cons
- Low trading fees and non-trading fees
- Excellent educational materials
- Easy and fully digital account opening
- Poor customer service
- Basic research tools
- Limited product selection
EasyEquities main highlights
🗺️ Country of regulation
South Africa, Australia
💰 Trading fees class
Low
💰 Inactivity fee charged
No
💰 Withdrawal fee amount
$0
💰 Minimum deposit
$10
🕖 Time to open an account
>3 days
💳 Deposit with bank card
Available
👛 Depositing with electronic wallet
Not Available
💱 Number of base currencies supported
3
🎮 Demo account provided
Yes
🛍️ Products offered
Stock, ETF, Bundles (pre-defined portfolios)
Fees
4.2
EasyEquities has low South African stock and ETF fees, and there’s also no fee for inactivity or withdrawal. However, it charges a fee for credit/debit card deposit.
Account opening
3.5
Account opening at EasyEquities is fully digital and requires no minimum deposit. However, verifying the account took more than a week for us.
Deposit and withdrawal
3.6
EasyEquities offers free withdrawal, and ZAR account holders can use credit/debit cards for transactions. However, a fee is charged for depositing with a credit card.
Web trading platform
3.3
EasyEquities has a user-friendly web trading platform with clear fee reports and excellent search functions. However, there is no two-step login and customizability is limited.
Mobile trading platform
4.7
The EasyEquities mobile trading platform is user-friendly, has a good search function and offers price alerts. On the negative side, order types and login options are limited.
Desktop trading platform
3.4
EasyEquities does not offer a desktop trading platform.
Markets and products
4.3
EasyEquities has a user-friendly web trading platform with clear fee reports and excellent search functions. However, there is no two-step login and customizability is limited.
Research
0.8
EasyEquities has limited research tools. There are great analysis articles on its blog, but that’s about it, as the platform offers no fundamental data, trading tools/ideas or a news feed.
Customer service
2.3
Customer service at EasyEquities could be improved. There is no live chat and the phone support had poor quality. As a plus, the email support gave fast and relevant answers.
Education
5.0
EasyEquities has great educational materials. You can use demo accounts, participate in webinars, watch educational videos and read quality texts.
Safety
4.4
EasyEquities is regulated by the top-tier ASIC, and its parent company is listed on the Johannesburg Stock Exchange. Among negatives, it offers no investor protection.