Recalculated 2026-11-02 · Established 2014 · of Purple Group Ltd
EasyEquities — South Africa
EasyEquities is rated 2.19 out of 5 by our formula (scored, but outside the ranking) for traders in South Africa: round turn not priced, residents accepted — Yes.
Suits you if it takes residents of South Africa · a swap-free account is available · it has been trading for 12 years
Key facts (8)
- Who actually onboards you
- of Purple Group Ltd
- Licence number
- 22588
- Established
- 2014group
- Min deposit, USD
- —
- Platforms
- EasyEquities web platform · mobile app (iOS/Android)
- Local funding
- EFT, instant EFT, debit order, card top-up
- Max leverage
- —
- EURUSD
- —
Accounts (2)
EasyEquities publishes no cost per lot for any account offered in South Africa.
This broker against the South Africa middle (81 of 104)
| EasyEquities | South Africa median | |
|---|---|---|
| Round turn, USD | — | 7.0 USD |
| Min deposit, USD | — | 50.0 USD |
| Max leverage | — | 500.0geo |
| Withdrawal, h | 3 to 5 business daysgeo | 24.0 h |
| EURUSD, standard | — | 1.0 pips |
| EURUSD, raw | — | 0.0 pips |
| Established | 2014group | 2009.0 |
| Platforms | 2 | 3.0 |
Licensed in South Africa
FSCA-regulated domestic platform
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about EasyEquities.
- Who actually onboards you
- of Purple Group Ltd
- Licence number
- 22588
- Local licence
- yes
- Checked
- 2026-07-11
Score (5/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:31.2% × 1.50+ 25.0% × 5.00+ 18.7% × 0.00+ 12.5% × 3.00+ 12.5% × 0.75= 2.19
Shown, not ranked: no round-turn price
Licence check
- Licence number
- 22588
- Checked
- 2026-07-11
Who actually onboards you
of Purple Group Ltd
Locally licensed entity
First World Trader (Pty) Ltd t/a EasyEquities, a subsidiary of Purple Group Ltd (JSE: PPE)
What each account gives you
ZAR account, USD/GBP/EUR/AUD offshore accounts, TFSA (tax-free), retirement annuity (RA), living annuity, EasyCrypto/Eas
Cost per round turn, and the South Africa middle (81 of 104)
Client-money protections
ZAR wallet funded by EFT/instant EFT/debit order; offshore wallets funded via FX conversion within platform
What the broker publishes about payouts
Trading software and asset classes (2)
EasyEquities web platform · mobile app (iOS/Android)
JSE shares (fractional), local & offshore ETFs, US/international shares, bundles, crypto (EasyCrypto), property (EasyProperties), RA/retirement funds, government bonds (in TFSA)
Reviews
3.6 out of 5 1.5k Ratings
Where it wins, where it loses
Pros (2)
- Licensed locally: 22588
- Swap-free account available
Cons (1)
- 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 (4)
4 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
- 1easyequities.co.zaeasyequities.co.za · domainBroker
- 2support.easyequities.co.za/support/solutions/articles/13000075565-fees-and-costssupport.easyequities.co.za · pageBroker
- 3resources.easyequities.co.za/EasyEquities_CostProfile.pdfresources.easyequities.co.za · pageBroker
- Aggregators and directories
- 4purplegroup.co.zapurplegroup.co.za · domainAggregator
FAQ (4)
Does EasyEquities accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of EasyEquities?
of Purple Group Ltd
What licence does EasyEquities hold for South Africa?
Licence 22588.
How long does a withdrawal from EasyEquities take?
EasyEquities publishes 3 to 5 business days. Their own wording: “it could take between 3 and 5 business days”.