PSG Wealth Online Share Trading review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
PSG Wealth Online Share Trading suits South African investors who want to trade stocks through PSG Online without a minimum deposit. Its stock trade fee of ZAR 98 and account fee of ZAR 480 make the cost trade-off worth checking, while its stocks-only market focus suits people who do not need other asset classes.
Key facts
- Best for
- South African stock traders who value a low entry deposit and a focused online platform.
- Minimum deposit
- ZAR 0↗
- Stock trade fee
- ZAR 98↗
- Account fee
- ZAR 480↗
- Markets
- Stocks↗
- Regulators
- FSCA (South Africa)↗
- Platforms
- PSG Online↗
- Legal entity
- PSG Securities↗
- Headquarters
- South Africa↗
- Official website
- psg.co.za
Facts checked September 26, 2026, 4 sources
Apps and profiles
- Elsewhere
- Wikidata
Pros and cons
Pros
- Open a local share trading account with a minimum deposit of ZAR 0.
- Trade stocks through the PSG Online platform.
- The service is provided by PSG Securities.
- The account is regulated by the FSCA in South Africa.
Cons
- The stock trade fee is ZAR 98, so the cost of each trade matters.
- The account fee is ZAR 480, which may outweigh the benefit for infrequent traders.
- The available market is limited to stocks.
Who it suits
- South African investors focused on buying and selling shares
- People who want a local share trading account with no minimum deposit
- Traders comfortable using the PSG Online platform
Who should look elsewhere
- bunq users whose priority is its stated minimum deposit of €10 rather than South African share trading
- CFI users who may prefer its stated minimum deposit of $0
- Fiesta Credito MX users whose stated regulator is CONDUSEF rather than the FSCA in South Africa
Where it sits among rivals
PSG Wealth Online Share Trading has a strong position for minimum deposit, ranking at 1 among 218 compared brands. Its stock trade fee position is 148 among 166, while its account fee position is 120 among 142.
Safety of your money
The stated regulator is the FSCA in South Africa. The service is provided by PSG Securities, and its local share trading account is available with a minimum deposit of ZAR 0. These details identify the legal entity, regulator and market covered, but they do not state the scope of any investor protection scheme.
How PSG Wealth Online Share Trading compares
8.5 vs 9.4
8.5 vs 8.7
8.5 vs 8.3
8.5 vs 8.5
8.5 vs 9.4
8.5 vs 9.3
8.5 vs 8.7
8.5 vs 9.2
8.5 vs 8.7
8.5 vs 8.6
8.5 vs 9.2
8.5 vs 9.2
8.5 vs 9.0
8.5 vs 9.2
8.5 vs 9.2
8.5 vs 9.2
8.5 vs 9.1
8.5 vs 9.0
8.5 vs 9.0
8.5 vs 9.0
8.5 vs 9.0
8.5 vs 8.8
Where PSG Wealth Online Share Trading is available
- Available
- South Africa
- Licence in South Africa
- FSCA (South Africa), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to trade stocks?+
The stated stock trade fee is ZAR 98. This is the direct trading cost to consider, so frequent or larger trades could make the fee more significant for your account.
Is there a local share trading account fee?+
The stated local share trading account fee is ZAR 480. Consider how often you expect to use the account and whether the fixed charge suits your trading pattern.
What is the minimum deposit?+
The minimum deposit for the local share trading account is ZAR 0. That makes the stated entry requirement low, although the ongoing account and stock trade fees still matter.
Which platform is used for share trading?+
The service uses the PSG Online platform. It is the stated online platform for the stock trading service, and it supports access to the account's share trading service.
What markets can I trade?+
The available market is stocks. PSG Wealth Online Share Trading is therefore focused on share dealing rather than a wider selection of asset classes.
Who regulates the service?+
The stated regulator is the FSCA in South Africa. The legal entity named for the service is PSG Securities, which provides the entity behind the local share trading account.
How much investing risk should I expect?+
Across the wider investing market, the retail loss percentage has a median of 70.15%, with the middle range running from 65.75% to 74.5%. This is a market-level warning, not a forecast of losses on this account.
Sources
- download.psg.co.za/files/wealth/forms/KID-Local-Share-Tra... checked September 26, 2026
Backs: Legal entity, Minimum deposit
“PSG Securities forms part of PSG Wealth, the brand under which this account is marketed”
- stockbrokerreview.com checked September 26, 2026
Backs: Regulators, Licences
- moneyweb.co.za/in-depth/moneyweb-investor/online-stockbro... checked September 26, 2026
Backs: Account fee, Stock trade fee
“Admin Fees: PSG ... R40 per month - annualised R480”
- psg.co.za checked September 26, 2026
Backs: Headquarters, Markets, Platforms
“PSG Financial Services group - South African adviser network”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Inactivity fee, Investor protection, Retail accounts that lose money.
Related by the facts
PSG Wealth Online Share Trading
South African stock traders who value a low entry deposit and a focused online platform.