Introduction
Nedbank provides clients with access to a variety of investment instruments as well as world-class advice and execution services in derivative trading, and clients have access to well-researched trading ideas as well as full exposure to shares such as Sasol Limited, currencies, and commodities at a fraction of the cost.
Nedbank provides a variety of stockbroking services that allow clients to access worldwide investments through its platform. They provide clients with the option of doing their own trading or utilizing stockbroking advisory services or a discretionary managed portfolio service.
Being a Nedbank private wealth online share trading client allows you to perform trades electronically, in real-time.
You can also easily review the status of your orders with their online order book without having to consult with an investment advisor and you can access your stockbroking portfolio online, anytime and anywhere.
You can invest with them in one of three ways, depending on how involved you want to be in each buy/sell decision.
Ways to invest with Nedbank
- Discretionary – where you give the bank the discretion to manage your investment on your behalf towards an agreed portfolio strategy.
- Proactively advised – when you are looking for an investment advisory service where the bank executes agreed on investment ideas on your behalf.
- Execution only – if you are a self-directed investor and the bank acts on your instructions.
Each approach involves a different type of relationship, investment management service, and cost.
Nedbank offers a secure interactive online trading capability and through its stockbroking website, investors have access to the following:
- Updates and proprietary research on most of the JSE-listed companies like Sasol Limited
- A complete database with information on all listed companies
- Real-time access to JSE market information, data from SAFEX, and the South African bond markets
- International market information
- commodity prices and exchange rates (provided in conjunction with Reuters)
- The ability to customize your online profile for immediate access to the information you regularly need
Steps to start trading online
Nedbank strives to provide clients with the most advanced software and offers an efficient and 100% secure interactive online trading capability.
Getting started is easy, with some easy steps to follow to complete a registration form and get instant access to research and market data:
- Fill in the registration form online
- Send the documents that are required
- You are ready to start trading by buying your desired Sasol Limited shares
To create an online share trading account you will need the following:
- To be 18 years or older.
- You have to create a Nedbank ID which will be your login details across all new Nedbank online banking channels.
- To be able to supply identification information (RSA ID or Passport)
- To be able to supply bank account details
Once you have completed the full application, you will be asked to supply additional documentation for FICA purposes to your nearest Nedbank branch.
You will have immediate access to the share trading platform for a 30-day trial period which only has access to delayed market, research data, and watchlists functionality.
FAQ
Can you buy Sasol Limited shares online through a Nedbank platform?
Yes, Nedbank clients have access to well-researched trading ideas as well as full exposure to shares. The bank provides clients with the option of doing their own trading or utilizing stockbroking advisory services or a discretionary managed portfolio service.
What conditions must be met to be able to buy shares through the Nedbank platform?
To create an online share trading account you need:
- To be 18 years or older.
- To create a Nedbank ID which will be your login details across all new Nedbank online banking channels.
- To supply identification information (RSA ID or Passport)
- To supply bank account details
