AutoShare Invest Account
Expand and maximise your investment potential in the stock market with our low-cost and easy-to-use AutoShare Invest Account.
BROKERAGE FEE
OVER 250 SHARES AND ETFS TO CHOOSE FROM
ACCESS AVAILABLE FUNDS WHENEVER YOU NEED
Some of the benefits
Affordable
Pay a minimal transaction fee to maximise your investment potential
Diversification
Exposure to 250 JSE Shares, Local and Offshore ETF’s
Easy to Access
No registration required and you can access your shares through the Banking App Standard Bank app and Internet Banking
Rewards
Redeem UCount points directly from your AutoShare Invest Account (ASI) cash balance
What you get
- Low-cost share trading platform that can be accessed through our Standard Bank App or Internet Banking
- Access to more than 250 JSE listed Shares and Exchange Traded Funds (ETFs)
- Diverse exposure to offshore equity markets, and commodities through ETFs
- Ability to automate your investing by setting up recurring purchases
- Reinvest proceeds from your investments as part of your next scheduled order
- Ability to buy and sell shares and EFTs at anytime during market hours
How it works
On the Internet Banking, your account will appear as a tile in the “Saving and Investing” section of the Account Summary Page and in the Invest tab . In the Banking App, your account will display as a new tile on your default dashboard.
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.
- Option to 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 wish to sell.
- Choose whether to have the proceeds of the sale remain in your investment account (so they may be used for a later purchase) or to have them automatically paid out to your bank account (this will happen 3 business days after the sale). Any unused funds in the account earn interest.
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.
- Securities Transfer Tax (STT) - 0.25% of trade value, only applicable to the purchase of shares (EFTs exempt).
- STRATE fees are 0.005787% on the value of the share transaction.
- The minimum of R 10.19 for trades with a value of up to R176 000.
- The maximum is R 73.49 for trades with a value over R1 270 00.
- Investor Protection Levy (IPL) 0.0002% of trade value
- VAT on Brokerage, STATE and IPL.
- Withdrawals are chareged at R4.56 per single withdrawal to your nominated bank account.
- If Early Settlement requested, it is charged additionally at 0.25% with a minimum of R39.90 (including VAT).
How to get it
What you will need
You will need an existing rand-denominated transactional account with Standard Bank.*
*If you’re a minor, you’ll need the consent of your parent or guardian.
How to apply?
- Securities Transfer Tax (STT) - 0.25% of trade value, only applicable to the purchase of shares (EFTs exempt).
- You can easily open an AutoShare Invest Account on our Internet Banking platform under the Savings and Investment section, or under Share Trading Investment on our Banking App.
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What you get
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How it works
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What it cost
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How to get it
- Low-cost share trading platform that can be accessed through our Standard Bank App or Internet Banking
- Access to more than 250 JSE listed Shares and Exchange Traded Funds (ETFs)
- Diverse exposure to offshore equity markets, and commodities through ETFs
- Ability to automate your investing by setting up recurring purchases
- Reinvest proceeds from your investments as part of your next scheduled order
- Ability to buy and sell shares and EFTs at anytime during market hours
On the Internet Banking, your account will appear as a tile in the “Saving and Investing” section of the Account Summary Page and in the Invest tab . In the Banking App, your account will display as a new tile on your default dashboard.
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.
- Option to 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 wish to sell.
- Choose whether to have the proceeds of the sale remain in your investment account (so they may be used for a later purchase) or to have them automatically paid out to your bank account (this will happen 3 business days after the sale). Any unused funds in the account earn interest.
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 comprise:
- Securities Transfer Tax (STT) - 0.25% of trade value, only applicable to the purchase of shares (EFTs exempt).
- STRATE fees are 0.005787% on the value of the share transaction.
- The minimum of R 10.19 for trades with a value of up to R176 000.
- The maximum is R 73.49 for trades with a value over R1 270 00.
- Investor Protection Levy (IPL) 0.0002% of trade value
- VAT on Brokerage, STATE and IPL.
- Withdrawals are chareged at R4.56 per single withdrawal to your nominated bank account.
- If Early Settlement requested, it is charged additionally at 0.25% with a minimum of R39.90 (including VAT).
What you will need
You will need an existing rand-denominated transactional account with Standard Bank.*
*If you’re a minor, you’ll need the consent of your parent or guardian.
How to apply?
- Securities Transfer Tax (STT) - 0.25% of trade value, only applicable to the purchase of shares (EFTs exempt).
- You can easily open an AutoShare Invest Account on our Internet Banking platform under the Savings and Investment section, or under Share Trading Investment on our Banking App.
