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Standard -

Suspicious Clone

Score

1.53 /10

Danger

Standard

Item: Standard
Rating: 1.53

South Africa

5-10 years

Suspicious Regulatory License

Global Business

Suspicious Overrun

High potential risk

https://securities.standardbank.co.za

Influence

Add brokers

Comparison

Quantity 1

Exposure

Time Machine

Website

Score

Regulatory Index0.00

Business Index7.18

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine

Website

Licenses

FSCA Suspicious Clone

Financial Service Corporate

VPS Standard

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

Single Core

40G

open now

Broker Information

Company Name

SBG Securities (Pty) Ltd

Company Abbreviation

Standard

Platform registered country and region

South Africa

Company website

https://securities.standardbank.co.za

https://x.com/SBGTraderZA

YouTube

https://www.youtube.com/channel/UCvRsrb4YqFt8G566xCFPfMQ

Company summary

Pyramid scheme complaint

Expose

Standard · Company summary

Standard Review Summary
Founded	1996
Registered Country/Region	South Africa
Regulation	FSCA (Suspicious Clone)
Market Instruments	Shares, Warrants, Futures, CFDs, ETPs, and Tax-Free Investing
Demo Account	/
Leverage	/
Spread	/
Trading Platform	Standard Online Share Trading, ViewPoint
Minimum Deposit	R50,000.00
Customer Support	South Africa: 0860 121 161
	International: +27 11 415 5000
	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.

Pros and Cons

Pros	Cons
Diverse trading products	Suspected clone 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 Status	Suspicious Clone
Regulated by	South Africa
Licensed Institution	The Financial Sector Conduct Authority (FSCA)
Licensed Type	Financial Service Corporate
Licensed Number	26691

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.

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.

Products	Costs
Shares	- Headline brokerage rate of 0.5%
Shares	- 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.
Commodity futures	- 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.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Standard Online Share Trading	✔	Desktop	/
Standard Online Share Trading	✔	Tablet and Mobile	/
ViewPoint	✔	Web	/

Deposit and Withdrawal

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

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Warning: Low score, please stay away! 3

Previous Detection : 2025-06-08

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The South AfricaFSCA regulation (license number: 26691) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Exposure

1 pieces of exposure in total

Pyramid scheme complaint

Expose

Scam

Nonkanyiso Dingila was scammed

Firstly they said I must register to so I can have an account and I did and believe it was legit, after that they asked me to deposit R2000 so that I can make a profit of R20000 in 3 days I told them I will make a deposit of R1000 because I won't afford R2000 It was end January they gave a Standard bank account details, before making a deposit I saw that okay it a business account of which it gave me more hope, then later on they said my profit R50 000 in order for me to get that profit.

FX3771580176

2021-08-18 04:39

Standard · Company summary

Standard Review Summary
Founded	1996
Registered Country/Region	South Africa
Regulation	FSCA (Suspicious Clone)
Market Instruments	Shares, Warrants, Futures, CFDs, ETPs, and Tax-Free Investing
Demo Account	/
Leverage	/
Spread	/
Trading Platform	Standard Online Share Trading, ViewPoint
Minimum Deposit	R50,000.00
Customer Support	South Africa: 0860 121 161
	International: +27 11 415 5000
	securities@standardbank.co.za