How to buy Sasol shares on the Standard Bank platform

Introduction

Investing in Sasol Limited shares on the stock exchange can help you build your wealth, especially now that trading on the stock exchange has grown easier thanks to platforms supplied by your bank. If you want to construct a robust portfolio that will allow you to thrive while avoiding the stress and concern that often accompany market volatility, Standard Bank provides a simple step-by-step approach to trading. If you're just getting started, one option is to use AutoShare Invest to develop your portfolio. This program enables you to begin investing with an R500 monthly debit order, which Standard Bank will use to purchase the shares you have chosen from its list of selected shares, which includes the JSE's 100 best firms such as Sasol Limited. Experts in online share trading urge prospective investors to contemplate five outcomes: a modest gain, a huge gain, a breakeven, a minor loss, or a large loss. They also urge clients to avoid large losses, which can derail years of otherwise solid investing performance. A stop-loss order is one way to accomplish this. A stop-loss order exits your transaction if the price falls to a specified level when a trade goes against you. Standard Bank Online Share Trading provides quick registration, education, and expert guidance.  

🏆10 Best Forex Brokers in South Africa

Investing platforms provided by Standard Bank:

 

Standard Bank Webtrader

This platform is suitable for investors who are looking exclusively for offshore exposure and is ideal for investors who are interested in accessing global markets such as the S&P 500 or FX spot trading.  

Standard Online Share Trading (OST)

  If you want to expand your trading experience to locally listed shares and derivative products, then Online Share Trading is the best platform for you. You can invest in JSE-listed shares like Sasol Limited as well as derivatives such as Contracts for Difference and futures. Your OST account also comes with a free tax-free investment account, allowing you to invest in the stock market through ETFs.   You can open an account by visiting the Standard Online Share Trading website.  

AutoShare Invest (ASI)

  This platform is accessible through your Standard Bank Internet Banking account and provides access to highly liquid JSE-listed shares and Exchange Traded Funds (ETFs). AutoShare Invest (ASI) allows you to trade over 250 JSE shares and ETFs on an as-needed or recurrent basis. The account is automatically linked to your Internet Banking profile, and you can invest directly or set up monthly recurrences for as little as R250. To start an account, go to the Savings and Investment menu, choose AutoShare Invest, and then click the 'apply' button.  

Steps to start buying Sasol Limited shares on ASI

 

Get started by registering for a Standard Bank Online Share Trading account in five simple steps:

 

• Sign up by using your email address
• Supply your personal and banking details for fund transfers
• Add accounts and sign mandates for your portfolio
• Read the terms and conditions
• Send in your identification documents

 

Define your own investment goals

Regardless of your age, current financial status, and aspirations, clarifying the reason why you want to buy shares will help you achieve your investment goal.  

Decide on how much money you have to invest

The amount you have available to buy Sasol Limited shares largely depends on your overall financial situation. It is not advisable to invest borrowed funds because the interest rate will most certainly be high. Another financial mistake to avoid is investing before paying off all of your short-term debt – the interest rate on debt is frequently higher than the returns on your investment.  

Use the platform to buy your Sasol Limited shares online.

 

FAQ

 

Can you buy Sasol Limited shares via a Standard Bank platform?

Yes, you can use Standard Online Share Trading (OST) or AutoShare Invest (ASI) to buy Sasol Limited shares.  

What is the minimum amount you will need to buy Sasol Limited shares with ASI?

You can invest directly or set up monthly recurrences for as little as R250.

Recommended brokers