What is EasyEquities?
EasyEquities is an online investment platform that enables users to buy and sell fractional shares of stocks and other financial instruments, making investing accessible to a broader audience.
When Did It Start Operating?
EasyEquities was launched in 2014, gaining popularity in South Africa as a user-friendly investment platform.
Where Is Its Headquarters?
The company is headquartered in Johannesburg, South Africa.
In Which Countries Is It Restricted?
EasyEquities primarily operates in South Africa. It may have restrictions for users from other countries due to regulatory requirements, especially in regions with stringent investment regulations.
Advantages:
- Low Investment Minimums: Allows investors to buy fractional shares, making it easy to start with a small amount of capital.
- User-Friendly Interface: Designed for both novice and experienced investors, making it easy to navigate and invest.
- Diverse Range of Products: Offers access to a variety of stocks, ETFs, and other investment options.
Disadvantages:
- Limited International Access: Primarily serves South African investors, which may limit options for international users.
- Lack of Advanced Trading Features: The platform may not offer some advanced trading tools preferred by professional traders.
Which Instruments Can I Trade?
EasyEquities allows trading in:
- Local and international stocks
- Exchange-Traded Funds (ETFs)
- Unit trusts
- Cryptocurrencies (limited offerings)
What Is the Trading Fee?
EasyEquities charges a nominal fee per trade, which is typically a percentage of the transaction value (e.g., around 0.5%). Specific fees may vary based on the type of investment and account.
Does It Allow Scalping?
Scalping is not explicitly supported due to the nature of the platform, which focuses on longer-term investing rather than high-frequency trading.
Is There a Trading Platform?
Yes, EasyEquities has its own trading platform that can be accessed via web and mobile applications.
Is Margin Trading Available?
EasyEquities does not typically offer margin trading, as the platform focuses on straightforward equity investments without the complexities of leveraged trading.
