Founded in 2014, EasyEquities is an award-winning broker that is based in Johannesburg, South Africa. The broker is bent on helping traders buy and sell their favourite shares. EasyEquities do not charge any brokerage fees, and they allow traders to start trading with as little as R5 or $10. Trades are carried out using a mobile trading platform. The broker’s clients are provided with essential trading resources, such as educational resources, useful trading tools, and the services of a knowledgeable client support team.
EasyEquities Review Introduction
In this EasyEquities review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including EasyEquities.
EasyEquities Platforms & Tools
All the stock trading activities on EasyEquities are carried out using the Capitec app. It is a mobile trading application that runs on Android and iOS devices. It allows traders to trade stocks of their preferred companies. The Capitec app can be downloaded from the relevant app stores and used to place trades and check trading positions even while on the move, provided there is an internet connection.
There are some standalone trading tools on the broker’s website. These tools are designed to help traders get the most out of their trades, and they include the Risk analyse tool that allows you to get your risk number, which you can use to guide investment picks.
EasyEquities Research & Education
The broker provides traders with a good selection of learning tools that help improve their trading skills and keep them in the know of the factors that control the financial markets. These educational resources include learning articles, trading guides, video tutorials, blogs, research & analysis, trading academy, news that keeps traders in the know of the latest happenings in the financial markets.
EasyEquities Trading Accounts
There are three account types at EasyEquities — two live accounts and one demo account. The account types include the EasyEquities account, tax-free savings account, and the demo account that is designed for practice purposes. The minimum deposit required to start trading is $10.
EasyEquities Account Funding
The broker accepts the following payment methods for both account deposits and withdrawals: credit/debit cards, EFT bank transfer, SiD, and more.
Some payment providers may charge specific fees for deposits and withdrawals. The transaction processing time is dependent on the payment method. For instance, EFT deposits may take up to 2-3 business days to reflect in your EasyEquities account. The correct account number must be used as a reference to ensure the funds are allocated to the correct account.
EasyEquities Customer Service
The broker offers a knowledgeable client support team who are always available and can be contacted through telephone, email, social media, and support tickets. The support team is very beneficial as they help clients with any technical, general, or account-related inquiries.
EasyEquities (EE), a subsidiary of JSE listed Purple Group Limited (PPE), is licensed by the Financial Sector Conduct Authority (FSCA) with the FSP number 22588.
EasyEquities Review Summary
Headquartered in Johannesburg, South Africa, EasyEquities is an online trading broker that allows traders to trade stocks through a mobile trading platform. Traders benefit from educational resources and some helpful trading tools. A knowledgeable client support team is always available to assist traders. The minimum deposit amount required to start trading is $10.
It is worth mentioning that some of the trading products and services in this EasyEquities review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the EasyEquities broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. It would help if you considered whether you understand how CFDs work and whether you can afford to take the high Risk of losing your money.