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Written by: Krisztián G. Updated: Dec 2022
Expert verified
Recommended for
  • beginners
Trusted broker
Regulated by top-tier financial authorities
Popularity
3,467 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.

You can't open an account at EasyEquities if you live in United States. See the best alternative available in your country.

EasyEquities pros and cons

Pros Cons
Low trading fees and non-trading fees Poor customer service
Excellent educational materials Basic research tools
Easy and fully digital account opening 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 $0
🕖 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)
To read much more details about the broker's services and features, expand on the sections below.

EasyEquities review
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.
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EasyEquities review
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.
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EasyEquities review
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.
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EasyEquities review
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.
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EasyEquities review
Mobile trading platform

4.3
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.
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EasyEquities review
Desktop trading platform

EasyEquities does not offer a desktop trading platform.
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EasyEquities review
Markets and products

1.7
At EasyEquities, you can invest only in stocks, ETFs and some pre-defined portfolios. However, many other popular asset classes such as bonds or forex are missing.
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EasyEquities review
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.
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EasyEquities review
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.
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EasyEquities review
Education

5.0
EasyEquities has great educational materials. You can use demo accounts, participate in webinars, watch educational videos and read quality texts.
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EasyEquities review
Safety

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.
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EasyEquities review
Bottom line

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EasyEquities review
FAQ

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Author of this review

Krisztián Gátonyi

Author of this review

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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