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Standard Bank -

Score

1.55 /10
Danger

Standard Bank

South Africa

5-10 years

Suspicious Regulatory License

Global Business

High potential risk

https://securities.standardbank.co.za

Influence

AA

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.33

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

SBG Securities (Pty) Ltd

Company Abbreviation

Standard Bank

Platform registered country and region

South Africa

Company website

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Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2026-01-08
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • The South Africa FSCA license (License No. 26691) claimed by the broker has not been verified. Please be aware of the risks!

WikiFX Survey

Good

Standard Bank

South Africa

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
Data Source WikiFX Data provide
Updated: 2026-01-08
Standard Bank · Company summary
Standard Review Summary
Founded1996
Registered Country/RegionSouth Africa
RegulationFSCA (Suspicious Clone)
ProductsShares, Warrants, Futures, CFDs, ETPs, and Tax-Free Investing
Trading PlatformStandard Online Share Trading, ViewPoint
Minimum DepositR50,000.00
Customer SupportSouth Africa: 0860 121 161
International: +27 11 415 5000
Email: securities@standardbank.co.za

Standard Information

Standard, founded in 1996 in South Africa, is an online trading platform that offers diverse products, including shares, futures, CFDs, and ETPs via its Standard Online Share Trading and ViewPoint platforms. A minimum deposit of R50,000.00 is required for the Money Market Account.

Standard Information

Pros and Cons

ProsCons
  • Diverse trading products
  • Suspected clone FSCA license
  • Competitive/negotiable brokerage fees
  • High minimum deposit
  • Long operational history

Is Standard Legit?

Standard's regulatory status is listed as “Suspicious Clone,” despite claiming to be regulated by South Africa's Financial Sector Conduct Authority (FSCA) under a financial services corporate license with number 26691.

Regulatory AuthorityFinancial Sector Conduct Authority (FSCA)
Current StatusSuspicious Clone
Regulated bySouth Africa
Licensed EntitySBG Securities (Pty) Ltd
Licensed TypeFinancial Service Corporate
Licensed Number26691
license

What Can I Trade on Standard?

Standard provides various investment products, including shares, warrants, share instalments, futures, contracts for difference (CFDs), and exchange-traded products (ETPs), along with a tax-free investing option for selected JSE-listed instruments.

assets

Standard Fees

  • Brokerage is negotiable for clients trading volumes of R500,000 or more per month.
  • A reduced brokerage rate of 0.4% applies to Standard Bank Private Banking Suite clients.
ProductsCosts
Shares- Headline brokerage rate of 0.5%
- R110 minimum applies
Contracts for Difference (CFD)- Fixed brokerage fee of R50
- Market-makers commission of 0.35% will be incurred per transaction
- The exit leg of positions opened and closed on the same day will incur a reduced market-makers commission of 0.20% as a day trader's account
Index futures- R12.50 per contract plus VAT
Commodity futures- 0.1% of the value of the underlying contract
- R110 minimum applies
Currency futures- R15 per contract plus VAT
Warrants and share instalments- A flat brokerage fee of R50 per deal (if traded in a warrants account)
- Applies no matter how large your warrants deal is
- NO STT is charged on warrant trades
- Note: Normal shares cannot be traded in a warrants account
Single stock futures (SSF)- A brokerage rate of 0.4% will be incurred per transaction with a minimum of R110
Standard Fees

Trading Platform

Trading PlatformSupportedAvailable Devices
Standard Online Share Trading✔Desktop
Standard Online Share Trading✔Tablet, Mobile
ViewPoint✔Web
Trading Platform

Deposit and Withdrawal

The minimum deposit for the Money Market Account is R50,000.00 (fifty thousand rand).

Deposit and Withdrawal

User Reviews

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User comment

4

Comments

Write a review

fxhjjj
more than one year
I value the detailed charts and analysis tools Standard provides. They've helped me capture short- to medium-term market moves effectively.
I value the detailed charts and analysis tools Standard provides. They've helped me capture short- to medium-term market moves effectively.
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2024-08-14 11:22
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美康严选徐伟襄阳
more than one year
Hay tan poca información en el sitio web que no puedo encontrar mucha información que sea importante para mí. Creo que es difícil atraer clientes así, al menos a mí no me interesa.
Hay tan poca información en el sitio web que no puedo encontrar mucha información que sea importante para mí. Creo que es difícil atraer clientes así, al menos a mí no me interesa.
Translate to English
2022-11-28 10:09
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0
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1