EasyEquities Review 2025

Is EasyEquities regulated?

Yes, EasyEquities is the brand of First World Trader (Pty) Ltd in South Africa, which is a Financial Services Provider (FSP) authorized by South Africa's Financial Sector Conduct Authority (FSCA).
In Australia, EasyEquities is a Corporate Authorised Representative (AR No. 1276104) of Sanlam Private Wealth Pty Ltd, which is regulated by the Australian Securities and Investments Commission (ASIC).

Is EasyEquities safe?

To be certain that a brokerage is safe, we highly advise that you check two facts:

• how you are protected if something goes wrong
• the background of the broker.

How you are protected

EasyEquities operates through two legal entities. Neither of them provides any investor protection.

*More specifically, EasyEquities Pty Ltd is a Corporate Authorised Representative (AR No. 1276104) of Sanlam Private Wealth Pty Ltd and Sanlam Private Wealth Pty is regulated by the ASIC.

Our brokerage experts put together a comprehensive guide on the safety profile of EasyEquities.

Background

EasyEquities was established in 2014. The longer the track record a broker has, the more proof we have that it has successfully survived previous financial crises.
EasyEquities is part of the Purple Group, which is listed on the Johannesburg Stock Exchange.

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Account base currencies

At EasyEquities, you can choose from the following 5 base currencies: USD, ZAR, AUD,GBP,EUR.

This selection falls behind competing brokers. Both Saxo and Interactive Brokers offer more base currencies.

Why does this matter? For two reasons. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you won't have to pay a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.

Deposit fees and options

EasyEquities charges no deposit fees.

The bank transfers are free and available for ZAR, USD and AUD accounts. You can also deposit by credit card if you have a ZAR-denominated account, but this costs ZAR 1.60 + 2.3% of the deposited value.
EasyEquities doesn't accept electronic wallets for depositing money.

Here's all you need to know about minimum deposit requirements and depositing money at EasyEquities.

A bank transfer can take several business days, while payment with a credit/debit card is instant. You can only deposit money from accounts that are in your name.

EasyEquities withdrawal fees and options

EasyEquities charges no withdrawal fees. Similar to deposits, you can use bank transfer for all currencies, and credit/debit cards for ZAR accounts only. Electronic wallets are not accepted. Still, this selection of withdrawal options is at least as good as those offered by competing brokers.

Read our guide containing all key info on available withdrawal methods and related fees at EasyEquities.

You can only withdraw money to accounts in your name.

How long does it take to withdraw money from EasyEquities? We tested bank transfer withdrawal and it took 2 business days.

How do you withdraw money from EasyEquities? If you want to withdraw money, here’s how you should proceed:

• Log in to your account.
• Click 'Menu' and select 'Withdrawal'.
• Enter the amount you wish to withdraw.
• Initiate withdrawal.

Can you open an account?

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EasyEquities accepts customers from all around the world. One notable exception is the US.

Read our separate article on how to get your account started with EasyEquities.

What is the minimum deposit at EasyEquities?

The required EasyEquities minimum deposit is $0.

This is great if you start investing with smaller amounts only.

Account types

EasyEquities offers three account types based on ownership:

• Retail - owned by an individual
• Kids - maintained on behalf of your children
• Corporate - owned by a legal entity

If you are a South African resident, you can also open a tax-free savings account (TFSA).

How to open your account

Account opening at EasyEquities is easy and fully online. However, it took more than a week before our account was approved.
When you open an account with EasyEquities, you must follow these steps:

1. Choose your country of citizenship and residence.
2. Select the account type.
3. Add some personal information (e.g. date of birth).
4. Enter your residence address.
5. Answer a few questions about your wealth and employment status.
6. Verify your identity by uploading your passport, national ID or driver's license. You need to also provide proof of residency, such as a bank statement.

During the verification process, we encountered a few minor issues. For example, you can upload only PNG files but not PDFs. Also, any documents you upload must be in color; black and white copies are not accepted.

As is the case with the web trading platform, EasyEquities offers its own in-house developed mobile trading platform.

Look and feel

The EasyEquities mobile trading platform is user-friendly, making it easy to search and trade.

Login and security

EasyEquities provides a safer, two-step login for its mobile platform.

You can't log in using biometric authentication. Providing this feature would be more convenient.

Search functions

The search functions are good.

Placing orders

You can use the following order types on the mobile trading platform:

• Market
• Limit
• Stop

You can also place take profit orders on the mobile trading platform.

There is a single order time limit you can use: Good 'til canceled (GTC).

Alerts and notifications

You can set alerts and notifications on the EasyEquities mobile platform.

However, this feature is available only for South African and Australian assets.
You can set up price alerts by selecting the asset you would like to invest in and click the bell icon in the top right corner.

Our analysts personally tested EasyEquities's mobile trading platform; read the EasyEquities mobile app review for a detailed verdict on its performance and features.

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EasyEquities uses its own web trading platform rather than a third-party tool.

Look and feel

The EasyEquities web trading platform is user-friendly; it is easy to find all features.
On the negative side, the platform is not customizable. The size and positions of the tabs cannot be changed.

Login and security

EasyEquities provides a safer, two-step login.

Search functions

The search functions are good.

You can easily find any asset you're looking for.
To make things easy, there is a filtering tool that allows you to narrow down your search by investment type and category tags:

• 'Investment Type' covers asset classes such as equities or ETFs.
• 'Category Tags' filter for industries in the case of stocks and for risk profile in the case of ETFs.

You can of course also search manually. Just start typing the name of the company or asset and see relevant results appear. You can sort results alphabetically, toggle between various views, and display as many as 48 results on a single page.

Placing orders

You can use the following order types:

• Market
• Limit
• Stop

You can also place take profit orders on the web trading platform of Easy Equities.

If you are unfamiliar with some of these terms or want to learn more, read our overview of order types.

There is a single order time limit you can use: Good 'til canceled (GTC).

Alerts and notifications

You cannot set price alerts and notifications on the EasyEquities web trading platform.

You can do it only through the EasyEquities mobile app and only for South African and Australian markets.

Portfolio and fee reports

EasyEquities has clear fee reports.

You can access the reports by clicking 'Account overview'. You can easily check the value of your portfolio and the costs you paid.

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This selection falls behind competing brokers. Both Saxo and Interactive Brokers offer more stock markets to trade on.

Stocks and ETFs

EasyEquities' stock and ETF selections are limited. It gives access to South African, US and Australian markets, but actually only a few stocks are available from US markets.

Fractional shares

EasyEquities offers the possibility to invest in a fraction of a share. For example, the price of a single Amazon stock is more than $3,000, which may be too high for many retail investors. Instead, here you can buy a fraction of an Amazon share, let's say for $100.
If you accumulate fractional share positions in a specific stock and their value adds up to make one share, then the whole actual stock will be credited to you.
EasyEquities provides fractional shares as CFDs (contract for difference), but without providing any leverage/margin. In this case, EasyEquities (or its parent company, to be more precise) acts as a principal and not the exchange where the stock is listed. As a result, there is also a counterparty risk when you hold fractional shares.

Cryptocurrency

You can also invest in cryptocurrencies via EasyCrypto. There are a wide range of available cryptos, including Bitcoin, Ethereum, Litecoin, Dogecoin and many more.

Bundles

EasyEquities allows you to invest in pre-defined portfolios called Bundles. These are portfolios that track a variety of assets, for example there may be a portfolio that tracks the top cryptocurrencies. When you invest in these portfolios, you have to pay a management fee.

We recommend EasyEquities for long-term investors focusing on stocks and etfs.

Below you can find links to all aspects of EasyEquities in this comprehensive collection.

Lower fees, lower costs?

We detailed this in our EasyEquities fees article.

What about the minimum deposit?

Our ultimate guide to the EasyEquities minimum deposit is updated regularly.

How to start your EasyEquities account?

Look no further than our evaluation of the EasyEquities account opening.

How's their trading app?

Here's our expert view after checking the EasyEquities trading app.

Is the quality of customer service satisfactory?

All you need to know about the EasyEquities customer service.

Legit or scam?

Is EasyEquities legit features all the key aspects you need to look at to see if a broker is safe and legit.

Free or premium? Or both?

A glance at actual costs and whether EasyEquities is really free.

Is this broker good for beginners?

We checked it in Is EasyEquities good for beginners.

Should you buy your silver bullets on EasyEquities?

Research for silver bugs in the Silver buy on EasyEquities guide

I want to trade options, are they available at EasyEquities?

We explored the topic in Can you trade options on EasyEquities?

What is the minimum account balance at EasyEquities?

Check out the current account balance requirements at EasyEquities in our What is the minimum account balance at EasyEquities article.

Looking for commission and fees data for EasyEquities?

We collected them in EasyEquities commission and fees.

How do you withdraw money from EasyEquities?

We tested it and collected the options and costs in How to withdraw money on EasyEquities.