I used to think that if you wanted to own a piece of a company, you could just walk into that company and ask the manager to sell you some shares.
But Ive since learned thats not how it works. If you want to buy shares or stocks in any publicly traded company, you need to go through a stock broker. A stock broker is a platform or a company that helps you buy and sell shares easily and safely.
When choosing a stock broker, its important to be careful. You dont want to buy shares and then struggle to sell them later when you need to. Thats why picking a trusted and reliable stock broker is key.
In this article, Ill share with you the top 5 stock brokers in South Africa that give you access to JSE-listed companies and more.
How To Choose The Best Stock Brokers
When picking a stock broker, there are some important things you should look at. Not all brokers are the same. Choosing the wrong one can waste your money, cause stress, or even make you lose your investment.
Key Factors To Consider:
- Ease of Use
- FSCA Regulation
- Low Fees
- Access to JSE shares, ETFs, global stocks, and other financial instruments.
- Exclusive Features
If you keep these points in mind, it will be much easier to choose a broker that matches your budget and helps you reach your investing goals.
Table of Content
Top 5 Best Stock Brokers In South Africa
The 5 best stock brokers in South Africa are EasyEquities, Shyft, BrokStock, SatrixNow, and Webull.
| Broker | Rating | Exchanges | Fees | Fractional Shares |
|---|---|---|---|---|
 EasyEquities | ★ 4.9/5 | JSE, US Stocks, ETFs, Bundles, RA, TFSA | 0.25% | ✓ |
 Shyft | ★ 4.7/5 | JSE, US Stocks, Global ETFs | 0.40% | ✓ |
 BrokStock | ★ 4.6/5 | JSE, US, UK, EU, Asia-Pacific Stocks | 0.10% | ✓ |
 SatrixNow | ★ 4.2/5 | JSE, Local & Global ETFs | 0.075% | ✓ |
 Webull | ★ 3.9/5 | US Stocks, ETFs, Options | R4,50 | ✓ |
EasyEquities
EasyEquities has become the most popular stock broker in South Africa, thanks to its low fees, user-friendly interface, and excellent range of assets.
Founded: 2014, Johannesburg, South Africa
FSCA Registered: ? (FSP 22588)
Minimum Deposit: R0
Assets Available: JSE shares, ETFs, US stocks, crypto bundles, retirement annuities
Why EasyEquities?
- Invest with as little as R5 thanks to fractional shares.
- Integrated Tax-Free Savings Accounts (TFSA) options.
- Award-winning mobile app for beginners.
- Zero monthly platform fees.
Pros and Cons
| Pros | Cons |
|---|---|
| Low fees | Limited advanced tools |
| Fractional shares | No live chat support |
| FSCA regulated |
Shyft
Shyft, backed by Standard Bank, is an FSCA-regulated digital wallet and stock broker offering access to US stocks and global ETFs.
Founded: 2020, South Africa
FSCA Registered: ? (FSP 11287)
Minimum Deposit: R500
Assets Available: US stocks, ETFs, forex wallets
Why Shyft?
- Fund your account directly from your Standard Bank wallet.
- Buy shares from top companies like Apple, Microsoft, and Google.
- Multi-currency wallet (USD, EUR, GBP, AUD) for diversification.
Pros and Cons
| Pros | Cons |
|---|---|
| Owned by A Big bank | Higher minimum deposit |
| Fractional shares | |
| Live chat support | |
| FSCA regulated |
BrokStock
BrokStock offers access to JSE and international exchanges through one account, perfect for those seeking comprehensive portfolio diversification.
Founded: 2020, Johannesburg, South Africa
FSCA Registered: ? (FSP 51404)
Minimum Deposit: R100
Assets Available: JSE shares, ETFs, global stocks
Why BrokStock?
- Access to a wide range of global markets.
- Long-standing reputation and trusted among wealthier investors.
- Advanced trading platforms available.
Pros and Cons
| Pros | Cons |
|---|---|
| Global market access | No live chat support |
| Advanced Trading Tools | |
| FSCA regulated |
4SatrixNow
SatrixNOW is perfect for South Africans looking to invest passively via ETFs. It’s ideal for building wealth through diversified index investing.
Founded: 2017 by Satrix (JSE-listed asset manager)
FSCA Registered: ? (FSP 15658)
Minimum Deposit: R0
Assets Available: ETFs, unit trusts, JSE-listed stocks
Why SatrixNOW?
- No minimums to get started.
- Access to the full Satrix ETF range, including local and offshore indices.
- Simple platform designed for long-term investors.
Pros and Cons
| Pros | Cons |
|---|---|
| No Minimum Investment | Yearly Account Fee |
| FSCA regulated | No live chat support |
5Webull
Webull is gaining popularity in South Africa for those focused on US stocks and active trading strategies. While not South African-based, it is accessible to South African investors.
Founded: 2017, New York
FSCA Registered: ? (FSP 50863)
Minimum Deposit: $0 (Roughly R0)
Assets Available: US stocks, ETFs, options, crypto
Why Webull?
- Zero-commission US stock trading.
- Advanced tools, including real-time charting and analysis.
- Suitable for swing traders and active investors.
Pros and Cons
| Pros | Cons |
|---|---|
| Professional Investing Tools | Only USA Stocks |
| FSCA regulated | No live chat support |
Conclusion
EasyEquities remains the best choice for most South African investors in 2025. It’s cost-effective, beginner-friendly, and offers a wide range of investment products from local stocks to US markets.
For those looking for global diversification and already banking with Standard Bank, Shyft provides a seamless experience.
If you’re after more advanced tools and deep market access, BrokStock and Webull are a great fit. You can also diversify your investment with cryptocurrencies from the best crypto exchanges
FAQs
Which stock broker is best for beginners?
EasyEquities is the most beginner-friendly due to its low fees and simple platform.
Can I invest in global stocks through these brokers?
Yes, EasyEquities, Shyft, BrokStock, and Webull all offer access to US markets.
Which stock broker has the lowest fees?
EasyEquities and Webull have the lowest fees.
