Score
5-10 yearsSuspicious Regulatory License
Global Business
High potential risk
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index7.12
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
More
Company Name
Standard Bank
Company Abbreviation
Standard Bank
Platform registered country and region
South Africa
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
WikiFX Data provide| Standard BankReview Summary | |
| Founded | 1998 |
| Registered Country/Region | South Africa |
| Regulation | No Regulation |
| Market Instruments | CFDs, ETFs, Indices, Forex, Shares, and Metals |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | Standard Bank Webtrader |
| Minimum Deposit | / |
| Customer Support | Email: securities@standardbank.co.za |
| Tel: 0860 121 555 (South Affrica) | |
| Tel: +27 11 415 6555 (International) | |
| Social Media: Facebook, YouTube, LinkedIn, Twitter, Blogger | |
Standard Bank was established in 1998 and was registered in South Africa. It offers over 20,275 tradable instruments, including CFDs, ETFs, indices, forex, stocks, and metals, and supports trading through the Standard Bank Webtrader platform. Although it offers a variety of financial products and services without charging transaction fees, the company is unregulated and lacks detailed information about account features. Investors should exercise caution regarding its legitimacy and transparency. Additionally, deposits incur a US$0.05 fee, and settlements typically take two business days to complete.
| Pros | Cons |
| A variety of financial products | No regulation |
| Long operation history | Limited info on trading details |
| Various contact channels | Deposit fees charged |
Standard Bank is not regulated, so traders need to exercise caution when trading.
Standard Bank offers a wide range of over 20,275 trading instruments, including CFDs, ETFs, Indices, Forex, Shares, and Metals.
| Tradable Instruments | Supported |
| CFDs | ✔ |
| ETFs | ✔ |
| Indices | ✔ |
| Forex | ✔ |
| Funds | ✔ |
| Shares | ✔ |
| Metals | ✔ |
| Bonds | ❌ |
| Cryptocurrencies | ❌ |
| Options | ❌ |
Administration Fee: 20 basis points will be charged.
Standard Bank supports trading on the Standard Bank Webtrader platform. The platform does not charge transaction fees, and settlement is completed within two business days.
| Trading Platform | Supported | Available Devices | Suitable for |
| Standard Bank Webtrader | ✔ | Mobile, Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Customers can deposit and withdrawal mainly through bank transfer, and a fee of US$0.05 will be charged for deposits.
The Isle of Man Financial Services Authority says Standard Bank Isle of Man acted in breach of an order issued by the Island's courts.
WikiFX
South Africa’s biggest bank by total assets, Standard Bank is warning customers of a new tax-related scam doing the rounds as tax season gets into full swing.
WikiFXAfrica’s biggest bank by assets, Standard Bank Group, has retained its seat at the top of the banking pack in Africa.
WikiFXStandard Bank has launched Africa Trade Barometer, which is expected to become Africa’s leading trade index.
WikiFXMore
User comment
0
CommentsWrite a review
No comment yet
start to write first comment