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Standard Bank Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-07-31 14:58

Abstract: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.

Standard BankReview Summary
Founded1998
Registered Country/RegionSouth Africa
RegulationNo Regulation
Market InstrumentsCFDs, ETFs, Indices, Forex, Shares, and Metals
Demo Account/
Leverage/
Spread/
Trading PlatformStandard Bank Webtrader
Minimum Deposit/
Customer SupportEmail: 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 Information

  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.

Standard Bank Information

Pros & Cons

ProsCons
A variety of financial productsNo regulation
Long operation historyLimited info on trading details
Various contact channelsDeposit fees charged

Is Standard Bank Legit?

  Standard Bank is not regulated, so traders need to exercise caution when trading.

license
domain

What Can I Trade on Standard Bank?

  Standard Bank offers a wide range of over 20,275 trading instruments, including CFDs, ETFs, Indices, Forex, Shares, and Metals.

Tradable InstrumentsSupported
CFDs✔
ETFs✔
Indices✔
Forex✔
Funds✔
Shares✔
Metals✔
Bonds❌
Cryptocurrencies❌
Options❌
assets
assets

Fees

  Administration Fee: 20 basis points will be charged.

Fees

Trading Platform

  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 PlatformSupported Available Devices Suitable for
Standard Bank Webtrader✔Mobile, Web/
MT4❌/Beginners
MT5❌/Experienced traders
Trading Platform

Deposit and Withdrawal

  Customers can deposit and withdrawal mainly through bank transfer, and a fee of US$0.05 will be charged for deposits.

Deposit and Withdrawal

  

Related broker

No Regulation
Standard Bank
Company name:Standard Bank
Score
1.54
Website:https://webtrader.standardbank.com/ost/
5-10 years | Suspicious Regulatory License | Global Business | High potential risk
Score
1.54

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