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.
This broker against the South Africa middle (81 of 104)
| Nedbank Online Share Trading | South Africa median | |
|---|---|---|
| Round turn, USD | — | 7.0 USD |
| Min deposit, USD | 0 USDgeo | 50.0 USD |
| Max leverage | — | 500.0geo |
| Withdrawal, h | — | 24.0 h |
| EURUSD, standard | — | 1.0 pips |
| EURUSD, raw | — | 0.0 pips |
| Established | 2001group | 2009.0 |
| Platforms | 2 | 3.0 |
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)
Not scored: Shown, not ranked: no review-platform rating
Shown, not ranked: no review-platform rating
Licence check
- Licence number
- —
- Checked
- 2026-07-11
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)
Client-money protections
No minimum investment amount required
What the broker publishes about payouts
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
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%
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
- 1onlinesharetrading.nedbank.co.zaonlinesharetrading.nedbank.co.za · domainBroker
- 2personal.nedbank.co.za/save-and-invest/share-trading.htmlpersonal.nedbank.co.za · pageBroker
- 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.