Score

3.74 /10
Danger

TSB Securities

South Africa

5-10 years

Regulated in South Africa

Financial Service Corporate

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

D

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Comparison

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Exposure

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Score

Regulatory Index3.51

Business Index6.97

Risk Management Index0.00

Software Index4.00

License Index3.72

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Website

Licenses

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

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-17
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 18047)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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TSB Securities · Company summary

General Information& Regulation

TSB Securities was founded in 1969 as PLJ van Rensburg and Partners. In 1997 the organization was incorporated and the name changed to PLJ Financial Services Ltd. In 2003 PLJ attracted the attention of the Thebe Investment Corporation which then purchased a controlling interest and re-named the company Thebe Securities (Pty) Ltd. In 2011 the Executive Team in keeping with a brand and marketing overhaul elected to change to the name to Thebe Stockbroking (Pty) Ltd. As an independent full service brokerage Thebe Stockbroking (Pty) Ltd is a member of the following organisations: Johannesburg Stock Exchange (JSE), the Bond Market Association of South Africa, and the Fund Managers Association of South Africa. Thebe Stockbroking is 100% owned by Thebe Investment Corporation. TSB Securities is an authorized Financial Service Provider, under FSP Number 18047.

Services

TSB Securities is a provider of brokerage services. The company provides investment, trading, financial planning, cash management, investment management and other financial services.

Accounts for Individuals

TSB Securities offers the fully managed account, ideal for investors seeking professional portfolio management, the personal service broking account, ideal for actively involved investors who require market guidance when making decisions regarding their self-managed investments, and the online trading account, ideal for experienced investors who do not require market guidance when making decisions and want to trade on their own.

Account Types

TSB Securities offers 2 types of accounts: Let Us Invest For You (DCS) and Trade For Yourself (MCS). DCS is suitable for investors who do not have the time or interest to be actively involved in managing their investments on a daily basis. MCS is suitable for more experienced stock market investors who want to be more active in managing their own portfolios.

Managed Portfolios

TSB Securities provides investors with the TSB Balanced Portfolio and the Active Growth Portfolio. The former is suitable for investors who require relatively stable growth that exceeds inflation over the longer term, while the latter is suitable for investors who have a medium-to-high tolerance of capital loss and an investment time horizon that exceeds 5 years.

Trading Platform

TSB Securities gives clients the opportunity to trade on https://online.tsbsec.co.za, where you will be able to register your existing account and log in to view your portfolio and trade.

Research & Education

TSB Securities offers the research product Daily Overnight Report, which keeps clients abreast of developments in domestic and international markets with specific reference to developments on the JSE (broad market and individual share performance), the South African bond market and the rand exchange rate.

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