Standard Bank-Some important Details about This Broker

General Information & Regulation

Standard Bank is an investment bank registered in South Africa, with the company behind it and regulation information unknown.

Products & Services

Client can invest in range of sophisticated financial instruments such as CFDs, FX Spot, Shares, Exchange Traded Funds and Exchange Traded Commodities across various international stock exchanges.

Trading Platform Available

What Standard Bank offers is a Webtrader, which offers trading in Contracts for difference (CFDs) with the underlying instruments being 5600+ different stocks and Exchange Traded Funds (ETFs) across on 26 international exchanges as well as 15 international indices.

Stock Commissions

Standard Bank provides clear commissions details on its website. Take AMEX (American Stocks Exchange) as an example, the commission is 0.25% of trade amounts (minimum commission of 5 USD).

FX Spreads & Commissions

Standard Bank display spreads on forex currency pairs, for example, the target spread on the EUR/USD pair start from 2 pips, with a commission of 10 USD.

Administration Fee

An annual administration Fee (“Administration Fee”) of 20 (twenty) basis points will be charged in respect of each and every trading account held with The Standard Bank of South Africa Limited under the Terms of Business (“Terms”). The administration Fee is calculated as follows:

• The daily closing value of the Client's open share positions [calculated as per close of the New York Stock Exchange] x 20bps x1/365. The Administration Fee is calculated daily and billed monthly in arrears.

Customer Support

The Standard Bank support team can be reached though telephone: 0860 121 555 (South Africa), +27 11 415 6555 ( International ), as well as email: securities@standardbank.co.za. You can also follow some social media platform including Facebook, Twitter, Youtube and Linkedin.