How to Buy MTN Shares with Standard Bank
Buy MTN Shares with Standard Bank. Use the Standard Bank Trading Platform to buy and sell MTN shares online with tailor-made Solutions and trading portfolio options
🔎 Company | 🥇 MTN |
📌 Type | Public |
📍 Traded as | JSE: MTN |
⚙️ Industry | Telecommunications |
✅ Founded | 1994 |
☑️ Headquarters | Johannesburg, South Africa |
How to Buy MTN Shares with Standard Bank – 5 Key Point Quick Overview
- ✅ Standard Bank Investment Overview
- ✅ Standard Bank WebTrader
- ✅ Standard Online Share Trading
- ✅ Standard Bank AutoShare Invest
- ✅ How to buy MTN Shares with Standard Bank – Step by Step
Standard Bank Investment Overview
Investors can easily increase their wealth by purchasing MTN Group shares on the stock market, particularly now that trading on the stock market is more convenient owing to the platforms provided by your bank. Standard Bank presents a straightforward, step-by-step method of trading, allowing you to build a solid portfolio that will enable you to prosper despite the stress and fear that sometimes accompany market turbulence. Standard Bank offers investors three diverse trading platforms through which they can buy and sell MTN shares.
Standard Bank WebTrader
This trading platform was developed specifically for traders only interested in offshore exposure. However, it is an excellent choice for those who want to trade on international markets like the S&P 500 or foreign exchange spot. A Standard Bank WebTrader demo account is available for 20 days at no cost. The demo account provides 100,000 USD in virtual currency with which to experiment. Investors can learn more or sign up for an account by visiting the Standard Bank WebTrader website.
Standard Online Share Trading
Online Share Trading is the place to go if you want to trade globally traded shares and derivatives and those listed in South Africa. The shares listed on the JSE are available for investment, as are derivatives such as contracts for differences and futures. You can easily participate in the stock market using exchange-traded funds (ETFs) and enjoy the tax benefits of a separate investment account, which are included with your OST account at no additional cost. Those interested in online share trading may visit the Standard Online Share Trading website and register for an account.
Standard Bank AutoShare Invest
Access extremely liquid JSE-listed stocks and Exchange Traded Funds using this platform, which is integrated with Standard Bank’s online banking service. First, go to “Savings and Investments,” then “AutoShare Invest,” and finally, “application” to start an account.
How to buy MTN Shares with Standard Bank -Step by Step
Investors and new customers with Standard Bank can easily start buying MTN Shares by following these effortless steps:
- Investors can register via the portal or platform that they wish to use, namely AutoShare Invest, Online Share Trading, or the Standard Bank WebTrader.
- Investors can complete the registration, provide the necessary documents to verify their details, and provide personal and banking details for deposits and withdrawals.
- Next, investors can define their investment goals and decide how much money they want to invest in MTN shares.
- Investors can familiarize themselves with the trading and non-trading fees before they purchase MTN shares.
Frequently Asked Questions
Does Standard Bank own MTN?
Standard Bank does not own MTN but has a 46.78% of MTN’s shared capital, with 22.01 owned by the Government Employees Pension Fund, or GEPF.
How much are MTN shares on Standard Bank?
The most recent price on MTN shares is 132.59 ZAR (2022/11/14). However, considering the fees that traders will pay when they purchase shares via Standard Bank, the total might be significantly higher as Standard Bank charges broker fees.
Can beginners buy MTN shares on Standard Bank?
Standard Bank is a user-friendly platform where even beginners can start trading shares.
Is MTN a potentially profitable investment to buy?
MTN can be a profitable long-term investment option over the next five years, especially considering that shares are expected to reach a price of 337 ZAR by 2027.