Standard bank broker account
If you enter into a new customer relationship via Standard, we will ask for your name, address, date of birth as applicable , and other identification information. This information will be used to verify your identity. As appropriate, we may ask for additional documentation or information. If all required documentation or information is not provided, Standard may be unable to open an account or establish a relationship with you. Standard New York Securities Inc. Standard Bank Argentina S.
Its operations are independent from other Standard Bank Group companies. The shareholders limited their responsibility to the contributed capital. Banco Standard de Investimentos S. Standard Unlu Menkul Degerler A. Standard Unlu Portfoy Yonetimi A.
Standard Capital Japan K. Standard London Asia S. The Isle of Man has a financial Services Ombudsman Scheme covering disputes relating to financial services offered in or from within the Isle of Man to individuals.
The Isle of Man has a Financial Services Ombudsman Scheme covering disputes relating to financial services offered in or from the Isle of Man to individuals. Prospective investors should be aware that the protections provided to investors by the UK regulatory system established under FSMA do not apply to any investment services or products provided by Standard Bank Offshore Group Limited or any of its subsidiaries. In particular, investors will not be entitled to compensation from the Financial Services Compensation Scheme, nor will they be entitled to the benefits provided by the Financial Ombudsman Service or other protections afforded to Customers under FSMA.
Argentina Standard Bank Argentina S. You can apply for a Webtrader Account "Account" online by using the pop-up account application.
The validation process ordinarily takes up to two Business Days which excludes Saturdays, Sundays and public holidays in the Republic of South Africa from the time Standard Bank is in receipt of your completed application and all of the supporting documentation.
Standard Bank will then notify you by email as soon as your Account is opened. Prior to being allowed to trade, a minimum amount of USD 1 one thousand US dollars is required to be deposited into the banking account provided on our website and such amount will then be credited to your trading account within 5 five business days.
Please note that the minimum trade size in respect of some of the products on the Trading Platform may require an amount in excess of the USD 1 one thousand US Dollars to be available in your trading account.
Click here to view our current product offering. All of the above products can be traded via the Platform. In addition to live trading and direct access to your Account, the Platform offers a wealth of trading information at an additional cost such as real-time quotes, charts and analysis to assist you in making successful trading decisions.
Yes you can edit an order before it becomes a trade [order is executed in the market]. Trades may be done telephonically via the call centre during its hours of operation. Refer to the contact details on the right. All trades concluded via the Platform will be confirmed on screen shortly after execution and subsequently by email or SMS.
Please ensure that you provide Standard Bank with your updated details, as and when they change. If you have sufficient settled funds in your trading account we will endeavor to transfer your funds within 5 five Business Days after Standard Bank has approved the withdrawal. This duration of time is needed in order for the different banks involved in the transaction, to do the necessary clearances and transfer. If you experience problems withdrawing funds, please contact the call centre.
Your dividends will be credited to your trading account on the Platform and will only be transferred to your bank account upon receipt of your withdrawal request. The Dividend Withholding tax rate levied on dividends paid in other jurisdictions may vary. South Africa has double taxation agreements in place with certain countries which could reduce the amount of withholding taxes payable. Therefore, in certain circumstances, you may be able to reclaim some taxes that you paid on these dividends.
Note that Standard Bank currently does not offer this type of tax reclaim service in-house but we can refer you to an internationally recognized tax reclaim service that can assist you. Contact the call centre for further details in this regard. After you have opened your Account and it is fully operational you may transfer any foreign shareholdings which can include ETFs and ETCs provided such shares are in a dematerialised format by sending a letter to your existing broker requesting that your shares be transferred to your trading account held with Standard Bank.
In the letter, remember to quote your Webtrader trading account number. Webtrader authentication relies on a RSA bit key generated and stored on the client workstation and data traffic between Webtrader and Standard Bank is encrypted using a RC4 bit session key.
Webtrader provides a highly secure trading environment using state-of-the-art encryption for communications with Standard Bank. Banking details Please refer to Funding your Account for further details. Contact details To send Standard Bank a general query or to speak to a consultant directly, please contact the call centre. It operates within the following hours - Office hours: Monday to Friday, 8: