Recalculated 2026-11-02 · Established 1998 · PSG Securities Ltd / PSG Wealth (part of
PSG Online (PSG Wealth) — South Africa
PSG Online (PSG Wealth) 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 has been trading for 28 years · it holds a local licence
Key facts (8)
- Who actually onboards you
- PSG Securities Ltd / PSG Wealth (part of PSG Financial Services Ltd, J
- Licence number
- 42996
- Established
- 1998group
- Min deposit, USD
- —
- Platforms
- PSG Wealth online share-trading platform (web) · dealing-desk access
- Local funding
- EFT, debit order
- Max leverage
- —
- EURUSD
- —
Accounts (1)
PSG Online (PSG Wealth) publishes no cost per lot for any account offered in South Africa.
This broker against the South Africa middle (81 of 104)
| PSG Online (PSG Wealth) | South Africa median | |
|---|---|---|
| Round turn, USD | — | 7.0 USD |
| Min deposit, USD | — | 50.0 USD |
| Max leverage | — | 500.0geo |
| Withdrawal, h | 1 business day after trade settlementgeo | 24.0 h |
| EURUSD, standard | — | 1.0 pips |
| EURUSD, raw | — | 0.0 pips |
| Established | 1998group | 2009.0 |
| Platforms | 2 | 3.0 |
Licensed in South Africa
FSCA-regulated domestic stockbroker; JSE member
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about PSG Online (PSG Wealth).
- Who actually onboards you
- PSG Securities Ltd / PSG Wealth (part of PSG Financial Services Ltd, JSE: KST)
- Licence number
- 42996
- Local licence
- yes
- Checked
- 2026-07-11
Score (4/6 axes)
Not scored: Shown, not ranked: no review-platform rating
Shown, not ranked: no review-platform rating
Licence check
- Licence number
- 42996
- Checked
- 2026-07-11
Who actually onboards you
PSG Securities Ltd / PSG Wealth (part of PSG Financial Services Ltd, JSE: KST)
Locally licensed entity
What each account gives you
Local (ZAR) share-trading account, offshore share-trading account, TFSA (tax-free), RA and other PSG Wealth investment w
Cost per round turn, and the South Africa middle (81 of 104)
Client-money protections
ZAR via EFT/debit order; offshore account funded via FX conversion
What the broker publishes about payouts
Trading software and asset classes (2)
PSG Wealth online share-trading platform (web) · dealing-desk access
JSE-listed local shares, offshore/international shares, ETFs, unit trusts (PSG Wealth Funds A-Z), bonds, RA/retirement products
Reviews
1.5 16 Reviews
Where it wins, where it loses
Pros (2)
- Licensed locally: 42996
- Withdrawal published at 1 business day after trade settlement; bank transfer may take a further 2 business days
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 (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
- 1psg.co.za/wealth/stockbrokingpsg.co.za · pageBroker
- 2download.psg.co.za/files/wealth/forms/kid-local-share-trading-account-direct-clients.pdfdownload.psg.co.za · pageBroker
- Aggregators and directories
- 3jse.co.za/jse/instruments/3689jse.co.za · pageAggregator
FAQ (4)
Does PSG Online (PSG Wealth) accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of PSG Online (PSG Wealth)?
PSG Securities Ltd / PSG Wealth (part of PSG Financial Services Ltd, JSE: KST)
What licence does PSG Online (PSG Wealth) hold for South Africa?
Licence 42996.
How long does a withdrawal from PSG Online (PSG Wealth) take?
PSG Online (PSG Wealth) publishes 1 business day after trade settlement; bank transfer may take a further 2 business days. Their own wording: “Cash is only available for withdrawal after one business day. Depending on your bank, the transfer can take a further two business days.”.