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104 brokers measured81 pricedmedian 7.0 USDformula v1.0Data captured 02.11.2026Some links are partner links. They never change a score or a position.

Recalculated 2026-11-02 · Established 2001 · Nedgroup Private Wealth Stockbrokers (Pt

Nedbank Online Share Trading — South Africa

Nedbank Online Share Trading 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 you can open with 0 USD · it takes residents of South Africa · it has been trading for 25 years

Key facts (8)

Who actually onboards you
Nedgroup Private Wealth Stockbrokers (Pty) Ltd (Nedbank Group)
Licence number
not stated
Established
2001group
Min deposit, USD
0 USDgeo
Platforms
Nedbank Online Share Trading platform · app
Local funding
EFT / bank transfer, debit order (Nedbank bankin
Max leverage
—
EURUSD
—

Accounts (2)

Nedbank Online Share Trading publishes no cost per lot for any account offered in South Africa.

See the 81 brokers here that publish one

This broker against the South Africa middle (81 of 104)

Nedbank Online Share TradingSouth Africa median
Round turn, USD—7.0 USD
Min deposit, USD0 USDgeo50.0 USD
Max leverage—500.0geo
Withdrawal, h—24.0 h
EURUSD, standard—1.0 pips
EURUSD, raw—0.0 pips
Established2001group2009.0
Platforms23.0
Yes

Licensed in South Africa

FSCA-regulated domestic (bank-owned share trading, with CFDs)

56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Nedbank Online Share Trading.

Who actually onboards you
Nedgroup Private Wealth Stockbrokers (Pty) Ltd (Nedbank Group)
Licence number
—
Local licence
yes
Checked
2026-07-11

Score (3/6 axes)

—of 5

Not scored: Shown, not ranked: no review-platform rating

Licence and entity20% → 50.0%4.5
Track record10% → 25.0%5.0
Platforms and programs10% → 25.0%0.0
Trader reviews25%no data
Round-turn cost20%no data
Withdrawal speed15%no data

Shown, not ranked: no review-platform rating

Licence check

Licence number
—
Checked
2026-07-11

Source

Who actually onboards you

Nedgroup Private Wealth Stockbrokers (Pty) Ltd (Nedbank Group)

Locally licensed entity

What each account gives you

Execution-only self-directed, advisory and fully managed accounts; Tax-Free Savings Account (TFSA, approved ETF list, se

Cost per round turn, and the South Africa middle (81 of 104)

Round turn, USD
—
Median
7.0 USD

Client-money protections

No minimum investment amount required

What the broker publishes about payouts

Withdrawal, h
—

Trading software and asset classes (2)

Nedbank Online Share Trading platform · app

JSE-listed shares & instruments, ETFs (incl. approved TFSA ETF list), CFDs, derivatives, international/offshore markets

Reviews

Reviews
—

Where it wins, where it loses

Pros (1)

  • Licensed locally: register entry

Cons (2)

  • Withdrawal time not published
  • No public review-platform rating, so the review axis is absent

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%

Methodology

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.

  1. The broker's own documents
  2. 1onlinesharetrading.nedbank.co.zaonlinesharetrading.nedbank.co.za · domainBroker
  3. 2personal.nedbank.co.za/save-and-invest/share-trading.htmlpersonal.nedbank.co.za · pageBroker
  4. 3nedbankprivatewealth.co.za/content/private-wealth-sa/south-africa/en/products-and-servicesnedbankprivatewealth.co.za · pageBroker

FAQ (3)

Does Nedbank Online Share Trading accept residents of South Africa?

Yes.

Which entity onboards a South Africa client of Nedbank Online Share Trading?

Nedgroup Private Wealth Stockbrokers (Pty) Ltd (Nedbank Group)

What licence does Nedbank Online Share Trading hold for South Africa?

No licence number is published for this country.