Trading in South-Africa with EasyEquities
how to invest your money in the JSE
What is EasyEquities?
EasyEquities is an online platform where you can invest in equities (shares), exchange-traded funds (ETFs), exchange-traded notes (ETNs), cryptocurrencies, unit trusts, and more.
What do I need to get started?
This depends on what kind of account you are registering for. A personal account in your name will require you to create an account on the platform in addition to submitting:
- bank account verification letter
- certified copies of identification document
- sometimes a proof of residence is requested
Furthermore, your tax details and KYC information will be submitted and your account will be approved as soon as you have submitted all of the required documents.
use referral code EE753830 to get free R50 voucher on your account
What can I invest in?
EasyEquities SA Market gives you access to ownership in all companies listed on the biggest stock-exchange in Africa: the Johannesburg Stock Exchange (JSE).
In addition, you can invest in ETF’s from SATRIX, Sygnia, and even purchase the EC-10 token which holds investments in 10 different cyryptocurrencies including Bitcoin, Dogecoin, Ethereum, and Cardano.
Note that the stocks are traded in U$ Dollars and your ultimate profit will also depend how strong the Rand is against the U$ Dollar at the time of requesting a withdrawal.
Why choose EasyEquities?
In order to purchase shares in JSE, an individual needs to provide funds and a buy instruction to a stock broker, and the broker would in turn buy the share in the name of the purchaser.
With EasyEquities, everything is digitalized. Once you have invested your funds, you can buy and sell your shares instantly with the click of a button.
Referral Code: EE753830
Every investment in life holds some kind of risk.
George Soros once said: ” It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.”
In short, there’s always a chance to either win or to loose. The most important part is to conduct research on each company you are investing in and learn a lot about trading before you invest your money.
Good choices on the stock exchange don’t just depend on knowledge though, sometimes luck does play a part. But luck is nothing we can control in life apart from believing in it.
Invest your money smartly and diversify by investing in different companies ( about 10-14 we would recommend ) which are in different industries. Don’t put all of your eggs in one basket!
Get answers to the most frequently asked questions around EasyEquities from our readers.
Everyone gets free access to the platform with no monthly fees at all. There are however transaction costs for buying and selling your shares which amount to only R0.68 for every R100 that you invest or disinvest.
You buy shares in companies, EFT’s, ETF’s and more can sell them at a later price if the share price has increased.
For example: If you buy 1 share from ABSA worth R100 today and the value of the share increase by 10% in the next 6 months, you can sell the share for R110 and make R10 profit.
Note however that shares don’t always increase and there is always a chance of loosing money on the stock market.
In addition, some companies pay dividends which is a part of the companies earnings which is paid to shareholders either monthly, quarterly, yearly or more. Sometimes companies pay a special divided on a selected date throughout the year.
On Easy Equities the payouts of the dividends by default land on the cash section of your account and can be withdrawn or reinvested on the platform.
Changes on the stock market can happen within minutes or even seconds.
Whilst you might see small changes on a daily basis, you’re not likely to get rich very quickly on the stock market unless you get really lucky!
Trading on the stock exchange is a long-term investment which usually reaps the greatest profits after years of waiting.
There are however many people who practice trading on short terms by selling stocks within hours or days after buying them.
How much money you make ultimately depends on your skills as a trader, knowledge, gut instinct and of course luck sometimes!
Don’t see stock trading as a get-rich-quick scheme, or else you might loose a lot of money very quickly.
You only make profits and losses once you sell your shares.
If you are holding shares in a company which loose value your share looses value in turn. But you only make an loss on your investment once you sell your share for a lower price than you bought it.
Your stocks will lose value and if they don’t recover you will ultimately lose money once deciding to finally sell the shares.
Some companies on EasyEquities offer an Insurance option against fraud or corruption-related misconduct in a company you plan to invest in.
There is no definite answer to this question. Shares being cheap and either be a very good sign to invest or a very bad one.
If a company fails to recover from financial debt and is declared insolvent you will loose your money.
Disclaimer: We are not a financial services provider and don’t offer professional advice. Information provided is for educational purposes only and should not be considered financial advice.
Disclaimer: this content is only intended for educational purposes.
808 Media is in no way affiliated with EasyEquities.