Item: Standard
Rating: 1.53

Standard

South Africa | 5-10 years |

Suspicious Regulatory License | Global Business | Suspicious Overrun | High potential risk

https://securities.standardbank.co.za/

Website

Users who viewed Standard also viewed..

Vantage

8.66

Score

10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License

Vantage

Score

8.66

10-15 years |
Regulated in Australia |
Market Maker (MM) |
MT4 Full License |

Details

Official website

FP Markets

8.88

Score

Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License

FP Markets

Score

8.88

Above 20 years |
Regulated in Australia |
Market Maker (MM) |
MT4 Full License |

Details

Official website

Taurex

8.42

Score

5-10 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License

Taurex

Score

8.42

5-10 years |
Regulated in United Kingdom |
Market Maker (MM) |
MT4 Full License |

Details

Official website

IC Markets Global

9.10

Score

15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License

IC Markets Global

Score

9.10

15-20 years |
Regulated in Australia |
Market Maker (MM) |
MT4 Full License |

Details

Official website

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).

User Reviews 4

All (4) Positive (1) Neutral (2) Exposure (1)

FX3771580176

3-5 years

Exposure

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.

South Africa

I value the detailed charts and analysis tools Standard provides. They've helped me capture short- to medium-term market moves effectively.

Malaysia

There is so little information on the website that I cannot find much information that is important to me. I think it's hard to attract customers like that, at least I'm not interested.

Spain

After comparing fees on this platform with others, I decided to abandon it. Can you see that? Extra fees make me want to escape right now… I’ve chatted with their customer support, they are professional and patient👍👍👍 Unfortunately, I just cannot trade with it.

2022-11-24

Hong Kong

No more

Its products

Broker selection

Broker comparison

By Features

By Regulations

Its products

Broker selection

Broker comparison

By Features

By Regulations

Its products

Broker selection

Broker comparison

By Features

By Regulations

Broker selection

Broker comparison

Score

Standard

Rating Index

Influence

Contact

Licenses

Basic Information

Users who viewed Standard also viewed..

Vantage

FP Markets

Taurex

IC Markets Global

Sources

Language

Mkt. Analysis

Creatives

Biz Area

By region

By company

Website

Genealogy

Relevant Enterprises

Company Summary

Standard Information

Pros and Cons

Is Standard Legit?

What Can I Trade on Standard?

Standard Fees

Trading Platform

Deposit and Withdrawal

Keywords

User Reviews 4

Content you want to comment

Comment 4