Recalculated 2026-11-02 · Established 1973 · of Absa Group Ltd
Absa Stockbrokers & Portfolio Management — South Africa
Absa Stockbrokers & Portfolio Management is rated no data out of 5 by our formula (score withheld) for traders in South Africa: round turn not priced, residents accepted — Yes.
Suits you if it takes residents of South Africa · it runs 3 trading platforms · it has been trading for 53 years
Key facts (8)
- Who actually onboards you
- of Absa Group Ltd
- Licence number
- 45849
- Established
- 1973group
- Min deposit, USD
- —
- Platforms
- Absa Stockbrokers online platform · app · World Trader
- Local funding
- EFT / bank transfer, debit order (Absa banking);
- Max leverage
- —
- EURUSD
- —
Accounts (1)
Absa Stockbrokers & Portfolio Management publishes no cost per lot for any account offered in South Africa.
This broker against the South Africa middle (81 of 104)
| Absa Stockbrokers & Portfolio Management | South Africa median | |
|---|---|---|
| Round turn, USD | — | 7.0 USD |
| Min deposit, USD | — | 50.0 USD |
| Max leverage | — | 500.0geo |
| Withdrawal, h | — | 24.0 h |
| EURUSD, standard | — | 1.0 pips |
| EURUSD, raw | — | 0.0 pips |
| Established | 1973group | 2009.0 |
| Platforms | 3 | 3.0 |
Licensed in South Africa
FSCA-regulated domestic (bank-owned share trading)
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Absa Stockbrokers & Portfolio Management.
- Who actually onboards you
- of Absa Group Ltd
- Licence number
- 45849
- Local licence
- yes
- Checked
- 2026-07-11
Score (3/6 axes)
Not scored: Shown, not ranked: no review-platform rating
Shown, not ranked: no review-platform rating
Licence check
- Licence number
- 45849
- Checked
- 2026-07-11
Who actually onboards you
of Absa Group Ltd
Locally licensed entity
Absa Stockbrokers and Portfolio Management (Pty) Ltd (part of Absa Group Ltd)
What each account gives you
Smart Trading Account (ZAR), Tax-Free Savings Account (TFSA), World Trader Account (offshore/USD, free with Smart Accoun
Cost per round turn, and the South Africa middle (81 of 104)
Client-money protections
ZAR funding via linked Absa/EFT; no stated minimum verified at review
What the broker publishes about payouts
Trading software and asset classes (3)
Absa Stockbrokers online platform · app · World Trader
JSE-listed shares, ETFs, local & offshore shares (global exchanges via World Trader); select local ETFs in TFSA
Reviews
Absa 1.7 ... 45,528 total reviews on Hellopeter
Where it wins, where it loses
Pros (1)
- Licensed locally: 45849
Cons (2)
- Withdrawal time not published
- Minimum deposit for this country not published
Where it does not serve
no data
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-11. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- The broker's own documents
- 1absa.co.za/personal/save-invest/stockbroker-and-portfolio-managementabsa.co.za · pageBroker
- 2sb.absastockbrokers.co.zasb.absastockbrokers.co.za · domainBroker
- 3absastockbrokers.co.za/absa-public/baOurPricing.xspabsastockbrokers.co.za · pageBroker
FAQ (3)
Does Absa Stockbrokers & Portfolio Management accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of Absa Stockbrokers & Portfolio Management?
of Absa Group Ltd
What licence does Absa Stockbrokers & Portfolio Management hold for South Africa?
Licence 45849.