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AutoShare Invest account

Autoshare Product Detail

The AutoShare Invest account allows easy access to the stock market. Choose from over 250 shares and Exchange Traded Funds (ETFs).

Some of the benefits

Affordable

Take advantage of low transaction fees

Diversify your portfolio

Choose from over 250 shares and ETFs

Easy access

Access your shares on the Standard Bank App or Internet Banking

Rewards

Redeem your UCount Rewards Points into your AutoShare Invest account
What you get
  • Access to a low-cost share trading platform that can be accessed through the Standard Bank App or Internet Banking
  • Access to more than 250 JSE listed shares and Exchange Traded Funds (ETFs)
  • Exposure to offshore equity markets and commodities through ETFs
  • Automate your investing by scheduling regular or reoccurring purchases
  • Reinvest the profits from your investments into your next planned purchase
  • Ability to buy and sell shares and ETFs at any time during market hours​​​​​​
How it works

Purchases

  • Place a purchase order from your trading account with a minimum trade size of R250
  • If you have insufficient funds, you can use the “top up my account” feature to transfer money from your bank account to your trading account
  • If the market is closed at the time that your order is received, it will automatically be sent when the market opens
  • You can automate your investing by setting up recurring purchases on a date that suits you


Sales

  • You can place a sales order anytime and state the number of units you want to sell
  • Choose whether to have the proceeds of the sale remain in your investment account or to have it automatically paid into your bank account
  • Any unused funds in the account earn interest.

*Proceeds from sales in your account can be used for a later purchase
**Transfers of sale proceeds into your bank account takes place 3 business days after the sal

Learn about investing in Shares

What it cost
  • Brokerage is charged at 0.15% of the value invested with no minimums
  • A 0.12% annual safe custody fee will be levied at 0.01% per month

Statutory fees charged comprise of:

  • Securities Transfer Tax (STT): 0.25% of trade value. This is only applicable to the purchase of shares
  • STRATE fees: 0.005787% on the value of the share transaction
  • Trades up to the value of R176 00: R10.19
  • Trades with a value of over R1 270 00: R73.29
  • Investor Protection Levy (IPL): 0.0002% of trade value
  • VAT is charged on Brokerage, STATE and IPL
  • Withdrawals: R4.56 per withdrawal
  • If Early Settlement requested: 0.25% with a minimum of R39.90 (including VAT)
How to get it
  • You will need an existing rand-denominated transactional account with Standard Bank.
  • If you’re younger than 18, you’ll also need the consent of your parent or guardian to open an AutoShare Invest account.

Open an account on the Banking App:

  • Sign into your Standard Bank App
  • Navigate to the ‘More’ menu
  • Tap on ‘Open a new account’
  • Tap on ‘Share trading Investments’
  • Select ‘AutoShare Invest account’

Open an account on Internet Banking:

  • Sign into your Standard Bank Internet Banking profile
  • Navigate to the ‘Apply’ menu
  • Click on ‘Save and Invest’
  • Select ‘AutoShare Invest account’
  • What you get
  • How it works
  • What it cost
  • How to get it
  • Access to a low-cost share trading platform that can be accessed through the Standard Bank App or Internet Banking
  • Access to more than 250 JSE listed shares and Exchange Traded Funds (ETFs)
  • Exposure to offshore equity markets and commodities through ETFs
  • Automate your investing by scheduling regular or reoccurring purchases
  • Reinvest the profits from your investments into your next planned purchase
  • Ability to buy and sell shares and ETFs at any time during market hours​​​​​​

Purchases

  • Place a purchase order from your trading account with a minimum trade size of R250
  • If you have insufficient funds, you can use the “top up my account” feature to transfer money from your bank account to your trading account
  • If the market is closed at the time that your order is received, it will automatically be sent when the market opens
  • You can automate your investing by setting up recurring purchases on a date that suits you


Sales

  • You can place a sales order anytime and state the number of units you want to sell
  • Choose whether to have the proceeds of the sale remain in your investment account or to have it automatically paid into your bank account
  • Any unused funds in the account earn interest.

*Proceeds from sales in your account can be used for a later purchase
**Transfers of sale proceeds into your bank account takes place 3 business days after the sal

Learn about investing in Shares

  • Brokerage is charged at 0.15% of the value invested with no minimums
  • A 0.12% annual safe custody fee will be levied at 0.01% per month

Statutory fees charged comprise of:

  • Securities Transfer Tax (STT): 0.25% of trade value. This is only applicable to the purchase of shares
  • STRATE fees: 0.005787% on the value of the share transaction
  • Trades up to the value of R176 00: R10.19
  • Trades with a value of over R1 270 00: R73.29
  • Investor Protection Levy (IPL): 0.0002% of trade value
  • VAT is charged on Brokerage, STATE and IPL
  • Withdrawals: R4.56 per withdrawal
  • If Early Settlement requested: 0.25% with a minimum of R39.90 (including VAT)
  • You will need an existing rand-denominated transactional account with Standard Bank.
  • If you’re younger than 18, you’ll also need the consent of your parent or guardian to open an AutoShare Invest account.

Open an account on the Banking App:

  • Sign into your Standard Bank App
  • Navigate to the ‘More’ menu
  • Tap on ‘Open a new account’
  • Tap on ‘Share trading Investments’
  • Select ‘AutoShare Invest account’

Open an account on Internet Banking:

  • Sign into your Standard Bank Internet Banking profile
  • Navigate to the ‘Apply’ menu
  • Click on ‘Save and Invest’
  • Select ‘AutoShare Invest account’