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Fees, rates and prices > Online Share Trading
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| Monthly Account Maintenance Fee |
Excluding VAT |
Including VAT |
Online1
- The first calendar month is free
- For three or more trades in a calendar month no account maintenance fee is payable
- The monthly fee covers the cost of access to the site, limited live prices and safe custody fees for shares
- For Private Bank clients with two or more trades in a calendar month no account maintenance fee is payable
|
R47.50 |
R54.20 |
| Telephone |
R80.00 |
R91.20 |
Click here for more information about Online Share Trading
- Included in the monthly subscription is R10 worth of live stock depth or indice quotes, portfolio updates and SMSs.
| Brokerage Rate* |
Rate |
Minimum |
| Online - Share Account |
0.7% |
R70.00 |
| Online - Warrants Account 1 |
Flat Fee |
R50.00 |
| Telephone Clients* |
1% |
R135 |
| Telephone Orders for Online Clients 2 |
0.7% |
R70.00 + R35.00 (excl. VAT)Phone Trade fee(Refer to table 3) |
| Standard Bank Private Banking Suite |
0.5% |
R70.00 |
| Once-off Sale |
R300 + 2% |
R300 |
| Single Stock Futures 3 |
0.4% Market Makers Commission |
R70.00 Plus Market Makers commission |
| Single Stock Futures Special Rate3 |
0.2% Market Makers Commission |
R70.00 Plus Market Makers commission |
* excludes VAT & statutory taxes
- Only warrants and share installments can be traded in the warrants account.
- Refer to table 3 for more details.
- The market maker's commission (Standard Bank) of 0.4% is based on the underlying traded value in the SSF Bid and Offer price. There are no additional fees for shorting a Single Stock Futures contract. No UST is payable for all Single Stock Futures Trades
Click here for more information about Online Share Trading
| Statutory taxes |
Rate |
Minimum |
Maximum |
| Uncertificated Securities Tax (UST) 1 |
0.25% |
N/A |
N/A |
| STRATE 2 |
0.005459% |
R10.92 |
R54.59 |
| An investor protection levy (IPL). |
0.0002% |
N/A |
N/A |
| VAT on services fees |
14% |
N/A |
N/A |
- UST is only payable on purchases
- STRATE fee of 0.005459% based on the value of the share transaction with a minimum of R10.92 for trades with a value up to R200 000 and a maximum of R54.59 for trades with a value over R1 million.
| Example 1 |
| Purchase |
|
Rate |
Sale |
| Projected costs of shares |
R 8,000.00 |
|
R 8,000.00 |
| Uncertificated Securities Tax @ 0.25% |
R 20.00 |
0.25% |
R - |
| STRATE Fees |
R 10.92 |
0.005459% |
R 10.92 |
| Investor Protection Levy |
R 0.02 |
0.0002% |
R 0.02 |
| Brokerage |
R 70.00 |
0.70% |
R 70.00 |
| VAT on Charges |
R 11.33 |
17% |
R 11.33 |
| Total Trading Costs |
R 112.26 |
|
R 92.26
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| Costs as a % |
1.40% |
|
1.15% |
| Example 2 |
| Purchase |
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Rate |
Sale |
| Projected costs of shares |
R 10,000.00 |
|
R 10,000.00 |
| Uncertificated Securities Tax @ 0.25% |
R 25.00 |
0.25% |
R - |
| STRATE Fees |
R 10.92 |
0.005459% |
R 10.92 |
| Investor Protection Levy |
R 0.02 |
0.0002% |
R 0.02 |
| Brokerage |
R 70.00 |
0.70% |
R 70.00 |
| VAT on Charges |
R 11.33 |
17% |
R 11.33 |
| Total Trading Costs |
R 117.27 |
|
R 92.27
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| Costs as a % |
1.17% |
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0.92% |
| Example 3 |
| Purchase |
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Rate |
Sale |
| Projected costs of shares |
R 50,000.00 |
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R 50,000.00 |
| Uncertificated Securities Tax @ 0.25% |
R 125.00 |
0.25% |
R - |
| STRATE Fees |
R 10.92 |
0.005459% |
R 10.92 |
| Investor Protection Levy |
R 0.10
| 0.0002% |
R 0.10 |
| Brokerage |
R 350.00 |
0.70% |
R 350.00 |
| VAT on Charges |
R 50.53 |
17% |
R 50.53 |
| Total Trading Costs |
R 536.55 |
|
R 411.55
|
| Costs as a % |
1.07% |
|
0.82% |
Click here for more information about Online Share Trading
| Order Type |
Doesn't match |
Matches |
Partial match and expires |
Partial match across multiple days |
Partial match on one day |
| Placed via Internet |
No phone fee |
No phone fee |
No phone fee |
No phone fee |
No phone fee |
| Placed Telephonically |
No phone fee |
R35 |
R35 |
R35 on first day |
R35 |
| Edited Telephonic Trade via Telephone |
No phone fee |
R35 |
R35 |
R35 on first day |
R35 |
| Edited Internet Trade via Telephone |
No phone fee |
R35 |
R35 |
R35 on first day |
R35 |
| Cancel Internet Trade via Internet |
No phone fee |
No phone fee |
No phone fee |
No phone fee |
No phone fee |
| Cancel Internet Trade Telephonically |
No phone fee |
No phone fee |
No phone fee |
No phone fee |
No phone fee |
| Cancel Telephonic Trade Telephonically |
No phone fee |
No phone fee |
No phone fee |
No phone fee |
No phone fee |
| Other fees |
Excluding VAT |
Including VAT |
| Withdrawals made from either a Money Account or a share trading account to your bank account. |
R4 |
R4.56 |
| Transfer of portfolios to other brokers per share |
R53 |
R60.42 |
| SMS 1 |
0.22c |
0.25c |
| Live Share Prices - indices 1 |
0.02c (Maximum of R11.00) |
0.02c (Maximum of R12.54) |
| Live share prices where market depth (5 best bids and offers on the Trade and Quote pages)1 |
0.08c (Maximum of R51.00) |
0.09c (Maximum of R58.14) |
| Live share prices without market depth1 |
0.04c(Maximum of R51.00) |
0.05c(Maximum of R58.14) |
| Urgent dematerialisation |
R276.32 |
R315 |
| Rematerialisation |
R300 |
R342 |
| Early Settlement |
0.25% with minimum of R35 |
0.25% with minimum of R39 |
| Price Streamer |
R86.84 |
R99 |
- Refer to the section Quotes Bank section under Front Office for details.
Click here for more information about Online Share Trading
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