AutoShare - Investing in the stock market made simple
The AutoShare Invest account allows easy access to the stock market. Choose from over 250 shares and Exchange Traded Funds (ETFs).
Some of the benefits
Affordable
Diverse
Easy access
Rewards
Invest in your future through AutoShare Invest
- Low-cost share trading platform that can be access through our Standard bank app or Internet banking
- Access more than 250 JSE listed Shares and Exchange Traded Funds (ETFs)
- Diverse exposure to onshore and offshore equity markets and commodities through ETFs
- Ability to automate your investing by setting up recurring purchases
- Reinvest proceeds from your investments as part of your next scheduled order
- Ability to buy and sell shares and ETFs at anytime during market hoursererer
Simple to access on our Internet Banking platform and the mobile app
On the Internet Banking Platform, your account will appear as a tile in the “Saving and Investing” section of the Account Summary Page and in the Invest tab. In the Mobile App your account will display as a new tile on your default dashboard
Purchases
- You may at any point place a purchase order to use available funds in your trading account, subject to the minimum trade sizes of R250
- If there are insufficient funds in your account, you can use the “top up my account” feature to transfer money from your bank account to your trading account
- If the market is closed at the time that your order is received it will be automatically sent to the market when it next opens
- Option to automate your investing by setting up recurring purchases on a date that suits you
Sales
- You may at any point place a sale order stipulating the number of units held you wish to sell
- Choose whether to have the proceeds of the sale remain in your investment account (so they may be used for a later purchase) or to have them automatically paid out to your bank account (this will happen 3 business days after the sale). Any unused funds in the account do earn interest.
- If the market is closed at the time that your order is received it will be automatically sent to the market when it next opens
Statutory fees comprise:
- Securities Transfer Tax (STT) – 0.25% of trade value, only applicable to the purchase of shares (ETFs exempt)
- STRATE fees are 0.005787% on the value of the share transaction:
- The minimum is R10.19 for trades with a value up to R176,000
- The maximum is R73.49 for trades with a value over R1,270,000
- Investor Protection Levy (IPL) 0.0002% of trade value
- VAT on Brokerage, STRATE and IPL
- Withdrawals are charged at R4.56 per single withdrawal to your nominated bank account.
- If Early Settlement requested, it is charged additionally at 0.25% with a minimum of R39.90 (including VAT)
What you'll need
- An existing rand-denominated transactional account with Standard Bank*
*If you're a minor, you'll need the consent of your parent or guardian
How to apply?
- You can easily open an AutoShare Invest account on our Internet banking platform within the Apply, Savings and investment section, or Share trading and Investment on our mobile app
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What is it
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How it works
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What it costs
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How to get it
- Low-cost share trading platform that can be access through our Standard bank app or Internet banking
- Access more than 250 JSE listed Shares and Exchange Traded Funds (ETFs)
- Diverse exposure to onshore and offshore equity markets and commodities through ETFs
- Ability to automate your investing by setting up recurring purchases
- Reinvest proceeds from your investments as part of your next scheduled order
- Ability to buy and sell shares and ETFs at anytime during market hoursererer
Simple to access on our Internet Banking platform and the mobile app
On the Internet Banking Platform, your account will appear as a tile in the “Saving and Investing” section of the Account Summary Page and in the Invest tab. In the Mobile App your account will display as a new tile on your default dashboard
Purchases
- You may at any point place a purchase order to use available funds in your trading account, subject to the minimum trade sizes of R250
- If there are insufficient funds in your account, you can use the “top up my account” feature to transfer money from your bank account to your trading account
- If the market is closed at the time that your order is received it will be automatically sent to the market when it next opens
- Option to automate your investing by setting up recurring purchases on a date that suits you
Sales
- You may at any point place a sale order stipulating the number of units held you wish to sell
- Choose whether to have the proceeds of the sale remain in your investment account (so they may be used for a later purchase) or to have them automatically paid out to your bank account (this will happen 3 business days after the sale). Any unused funds in the account do earn interest.
- If the market is closed at the time that your order is received it will be automatically sent to the market when it next opens
Statutory fees comprise:
- Securities Transfer Tax (STT) – 0.25% of trade value, only applicable to the purchase of shares (ETFs exempt)
- STRATE fees are 0.005787% on the value of the share transaction:
- The minimum is R10.19 for trades with a value up to R176,000
- The maximum is R73.49 for trades with a value over R1,270,000
- Investor Protection Levy (IPL) 0.0002% of trade value
- VAT on Brokerage, STRATE and IPL
- Withdrawals are charged at R4.56 per single withdrawal to your nominated bank account.
- If Early Settlement requested, it is charged additionally at 0.25% with a minimum of R39.90 (including VAT)
What you'll need
- An existing rand-denominated transactional account with Standard Bank*
*If you're a minor, you'll need the consent of your parent or guardian
How to apply?
- You can easily open an AutoShare Invest account on our Internet banking platform within the Apply, Savings and investment section, or Share trading and Investment on our mobile app