Standard Bank Online Share Trading (OST) provides direct South African market access under SBG Securities Proprietary Limited. Its public pages require careful version control: the current retail product page advertises an R 110 monthly account fee and 0.25% brokerage, whereas a detailed legacy official tariff on its OST subdomain states 0.5% and supplies separate service/derivative charges. The bank also operates an AutoShare Invest retail route with a different fee structure, and Webtrader for another set of markets. These are separate services, not one unified rate card.[1][2]
Accounts and eligibility
Sections ↑Separate South African share-investing routes
| Item | Terms and scope |
|---|---|
| Online Share Trading | Dedicated securities account with JSE dealing and current advertised R 110 monthlySource 1 |
| AutoShare Invest | Bank-app-based JSE securities investing serviceSource 3 |
| Webtrader | International markets platform sold separatelySource 4 |
| SBG Securities | Historical official OST tariff names SBG Securities Proprietary Limited as account operatorSource 2 |
| Registration | OST onboarding requires FICA and brokerage client agreementSource 2Source 1 |
Account-level recurring costs
| Item | Terms and scope |
|---|---|
| OST monthly charge | R 110 per month on current primary account pageSource 1 |
| First calendar month | The current product page and posted schedule advertise the first month without the monthly feeSource 2 |
| Published activity waiver | Posted schedule waives the monthly fee after three qualifying trades in the month, excluding TFIA tradesSource 2 |
| AutoShare custody charge | 0.12% pa of applicable holdingsSource 3 |
| AutoShare minimum ticket | Advertised R 250 minimum dealing investmentSource 3 |
Services included in the Shyft consolidation
| Item | Terms and scope |
|---|---|
| OST | Established South African trading account with JSE securities and eligible derivativesSource 9Source 7 |
| AutoShare / TFIA | Simplified and tax-wrapper routes included in the consolidation programmeSource 9Source 7 |
| Webtrader | International platform included in the bank’s consolidation announcementSource 9Source 7 |
| Shyft Trader / Investor | Destination routes with their own tariffs, custody and operational featuresSource 9Source 7 |
Shyft access after onboarding
| Item | Terms and scope |
|---|---|
| Standard Bank customer | Shyft can be added inside the bank’s mobile appSource 7 |
| Other banking customer | Shyft app or official Shyft web portalSource 7 |
| Web login | Username/password; a linked-app verification prompt may be requiredSource 7 |
| Mobile login | Passcode and optional supported biometricsSource 7 |
Products and market access
Sections ↑Direct ownership and exchange markets
| Item | Terms and scope |
|---|---|
| JSE-listed equities | OST provides shares in South African stock exchangeSource 1 |
| Exchange-traded funds | JSE ETFs available under share-investing rangeSource 1Source 3 |
| AutoShare selection | More than 250 shares and exchange-traded funds listed in bank productSource 3 |
| Domestic securities account | Shares appear via securities settlement/custody chainSource 1 |
Leveraged routes and services not interchangeable
| Item | Terms and scope |
|---|---|
| OST CFD facility | Older tariff lists CFD brokerage and maker chargesSource 2 |
| Index futures | Older detailed schedule contains per-contract index futures tariffSource 2 |
| Commodity futures | Older schedule specifies commission on notional with minimumSource 2 |
| Currency futures | Older schedule lists currency futures per contractSource 2 |
| Webtrader international | Separate platform advertises global products and forex/CFDsSource 4 |
Shyft migration product availability
| Item | Terms and scope |
|---|---|
| Shares | JSE and global equitiesSource 7Source 8 |
| Exchange-traded products | JSE ETFs, ETNs and ETCsSource 7Source 8 |
| Restricted BEE holdings | The migration comparison says these were not yet offered in Trader and are assigned a different phaseSource 7Source 8 |
| CFDs | Existing CFD holdings follow separate migration and settlement instructionsSource 7Source 8 |
Costs and charges
Sections ↑Material tariff divergence needing reconciliation
| Item | Terms and scope |
|---|---|
| Current OST brokerage | Product headline displays 0.25%; its body also mentions a 0.4% private-client rateSource 1 |
| Older OST brokerage | Legacy detailed page lists 0.5%, minimum R 110 for standard share dealingSource 2Source 1 |
| Monthly fee | R 110 according to current OST pageSource 1 |
| Brokerage minimum | R 110 minimum appears in older detailed scheduleSource 2 |
| AutoShare brokerage | 0.15% without minimumSource 3 |
| AutoShare custody | 0.12% per year (0.01% per month equivalent)Source 3 |
Additional service charges published on older schedule
| Item | Terms and scope |
|---|---|
| Client withdrawal | Legacy schedule R 4.56 VAT-inclusive bank transferSource 2 |
| Entire securities transfer | Older page lists R 62.23 per holdingSource 2 |
| Partial securities transfer | Older page lists R 113.76 per holdingSource 2 |
| Phone instruction | R 35 before VAT in legacy tariffSource 2 |
| Early settlement | 0.25% with R 39.90 minimum in legacy brochureSource 2 |
Margined product charges from older posted tariff
| Item | Terms and scope |
|---|---|
| CFD broker fee | R 50 in detailed OST scheduleSource 2 |
| CFD market maker spread/fee | Published 0.35% market-maker commission and conditional 0.20% same-day exitSource 2 |
| Index future execution | R 12.50 per contract plus VAT under older scheduleSource 2 |
| Commodity future execution | 0.1% subject to R 110 minimum under older tariffSource 2 |
| Currency future | R 15 per contract plus VAT under older tariffSource 2 |
Shyft equity brokerage by order band
| Item | Terms and scope |
|---|---|
| Trade value 0–5,000 | USD 0.30%; GBP/EUR/ZAR 0.40%Source 6 |
| Trade value 5,000–10,000 | USD 0.20%; GBP/EUR 0.30%; ZAR 0.40%Source 6 |
| Trade value 10,000–50,000 | USD/GBP/EUR 0.20%; ZAR 0.40%Source 6 |
| Above 50,000 | USD 0.10% negotiable; GBP/EUR 0.20% negotiable; ZAR 0.40%Source 6 |
| Units and tax | Trade value is in the relevant trading currency; brokerage excludes VATSource 6 |
Shyft minimums and recurring custody
| Item | Terms and scope |
|---|---|
| Equity minimum commission | USD 3, GBP 3, EUR 3 or ZAR 20 per applicable transactionSource 6 |
| Tax-free investment dealing | 0.15%, minimum R 20, excluding VATSource 6 |
| Safe custody | 0.2% annually on portfolio value, collected monthly, for Trader and Investor accountsSource 6 |
| CFD market-maker component | 0.35% on the underlying price as listed; separate financing and account conditions applySource 6 |
Minimum commission examples on Shyft
| Item | Terms and scope |
|---|---|
| USD 500 equity order | 0.30% produces USD 1.50; USD 3 minimum appliesSource 6 |
| GBP 2,000 equity order | 0.40% produces GBP 8 before VATSource 6 |
| R 5,000 equity order | 0.40% produces R 20 before VATSource 6 |
| R 1,000 tax-free order | 0.15% produces R 1.50; R 20 minimum appliesSource 6 |
The public OST pages do not resolve the 0.25% headline versus 0.5% detailed-tariff discrepancy. Those figures are shown with their source scope rather than combined into one assured rate. Shyft’s fee schedule is a separate tariff: migration can change both the transaction charge and the ongoing custody cost.[1][2][6]
Platforms, orders and execution
Sections ↑Venue and interface identity
| Item | Terms and scope |
|---|---|
| OST online interface | South African listed market trading with account-specific order servicesSource 1 |
| AutoShare mobile bank | Deal from Standard Bank app under constrained instrument catalogueSource 3 |
| Webtrader global platform | Separate real-time international dealing environmentSource 4 |
| Phone-assisted trades | Older tariff provides explicit phone booking chargeSource 2 |
Product and settlement mechanics
| Item | Terms and scope |
|---|---|
| Exchange listed equities | Ownership results from executed securities trades and settlementSource 1 |
| AutoShare sale proceeds | Advertised usual T+3 working days into bank account after saleSource 3 |
| Futures | Contract size/expiry/margin govern dealingSource 2 |
| CFD | Position exposure through contract with financing and counterparty termsSource 2 |
Order tools listed for Shyft Trader
| Item | Terms and scope |
|---|---|
| Basic orders | Market and limitSource 7 |
| Contingent orders | Stop, take profit, trailing stop and stop limitSource 7 |
| Related orders | OCO and algorithmic order facilities are listedSource 7 |
| Position protection | Related take-profit/stop-loss orders can be added from the trade ticket or positionSource 7 |
Alerts and voluntary corporate actions
| Item | Terms and scope |
|---|---|
| Price notifications | The comparison says available inside the trading interface; app price notifications were still plannedSource 7 |
| Margin shortfall | Platform pop-up, app notification and email; enabled notifications are requiredSource 7 |
| Voluntary election | Use Active Corporate Actions and submit the eligible quantity before the reply deadlineSource 7 |
| Unallocated quantity | The published default option applies after the election deadlineSource 7 |
Funding, settlement and transfers
Sections ↑Cash and securities journeys
| Item | Terms and scope |
|---|---|
| OST cash account | Fund securities account through designated deposit arrangementSource 1Source 2 |
| AutoShare funding | App-linked bank account to buy selected JSE shares/ETFsSource 3 |
| AutoShare sale credit | Bank material says proceeds received after T+3 processingSource 3 |
| OST withdrawal charge | Historical R 4.56 debit reported for transfersSource 2 |
| Portfolio transfer | Historical full and partial per-holding fees differSource 2 |
Shyft wallet and trading-account cash flow
| Item | Terms and scope |
|---|---|
| Fund a wallet | Use the authenticated bank-card or manual-EFT instructions and unique referenceSource 7 |
| Move between currencies | Withdraw to the relevant wallet, convert, then fund the destination trading accountSource 7 |
| Withdraw to a bank | Local currency to a local personal bank account in the customer’s own nameSource 7 |
| Published bank-withdrawal charge | R 34 flat fee in the migration comparisonSource 7 |
Published change in sale-proceeds availability
| Item | Terms and scope |
|---|---|
| OST | Comparison describes trading credit on confirmation and bank withdrawal after settlementSource 7Source 8 |
| Shyft Trader | Comparison says proceeds become available for trading or withdrawal on order confirmationSource 7Source 8 |
| Migration cash | Timing follows the assigned migration stage; CFD cash can remain in OST until settlementSource 7Source 8 |
Regulation and client assets
Sections ↑South African operating entity and instrument differentiation
| Item | Terms and scope |
|---|---|
| Broker operating name | SBG Securities Proprietary Limited named on OST tariffSource 2 |
| Bank parent label | Standard Bank consumer site markets OSTSource 1Source 2 |
| Listed shares | Securities exposure remains subject to JSE market lossSource 1 |
| Derivatives | Futures/CFDs are leveraged or margined positionsSource 2Source 4 |
| FSCA lookup | South African regulator maintains regulated-persons recordsSource 5 |
Support and account records
Sections ↑Client operations and records
| Item | Terms and scope |
|---|---|
| Onboarding help | Product page routes applicant to dedicated OST registrationSource 1 |
| Legacy fee document | Old official detailed table still retrievableSource 2 |
| Current landing page | Current marketing displays 0.25% and R 110Source 1 |
| Account reports | Contract note/holding statement track execution and settlementSource 2Source 1 |
| Phone trade records | Older schedule identifies surcharge for assisted executionSource 2 |
Support route for OST and migration questions
| Item | Terms and scope |
|---|---|
| South African OST line | 0860 121 161Source 1Source 8Source 7 |
| International line | +27 11 415 5000Source 1Source 8Source 7 |
| Account-specific move | The bank communicates the customer’s last trading day and migration phase by emailSource 1Source 8Source 7 |
| New access route | Use the official Shyft app/web account after activationSource 1Source 8Source 7 |
Research and additional services
Sections ↑Research and investment support modules
| Item | Terms and scope |
|---|---|
| Free training | Current OST product promises free education coursesSource 1 |
| Market research | Market screen/analysis offered with share accountSource 1 |
| AutoShare watchlist | Simplified app investing for selected companies and fundsSource 3 |
| Derivative dealing | Historical product materials list futures/CFDsSource 2 |
| Global access | Webtrader international platform separate from local exchangeSource 4 |
Research and records across the transition
| Item | Terms and scope |
|---|---|
| OST | Research, market information and training remain features of the published account pageSource 1Source 7Source 8 |
| Shyft charts | The migration comparison lists 20 years of historical pricingSource 1Source 7Source 8 |
| Corporate events | Trading-platform notices and earnings/dividend calendarSource 1Source 7Source 8 |
| Records during a move | Reconcile the previous and destination holdings, cash and transaction records for the assigned phaseSource 1Source 7Source 8 |
Company and legal entities
Sections ↑Separate financial-services entities
| Item | Terms and scope |
|---|---|
| SBG Securities (Pty) Ltd | Securities business; company disclosure identifies FSP 26691Source 10Source 6Source 9 |
| The Standard Bank of South Africa Limited | Shyft site identifies this licence holder with FSP 11287Source 10Source 6Source 9 |
| Migration programme | The bank announced consolidation across 2025–2026 in multiple customer tranchesSource 10Source 6Source 9 |
- Headquarters
- Johannesburg, South Africa
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
SBG Securities (Pty) Ltd
South AfricaSource 10
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Sector Conduct Authority26691 | Not verified | Checked 27 Oct 2026Company-published FSP identifier; detailed current authority-register permissions were not independently matched.Source 10 |
The Standard Bank of South Africa Limited
South AfricaSource 6
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Sector Conduct Authority11287 | Not verified | Checked 27 Oct 2026Company-published FSP identifier; detailed current authority-register permissions were not independently matched.Source 6 |
Important account distinctions
Sections ↑What the published July migration dates establish
| Item | Terms and scope |
|---|---|
| 8 July 2026 | Last OST trading day in the example timetableSource 8 |
| 9 July 2026 | Position lock for that transfer stageSource 8 |
| 13 July 2026 | Stated destination availability for that stageSource 8 |
| Other customers | Must follow their own email; the FAQ explicitly describes a phased programmeSource 8 |
Sources & further reading
- Standard Bank Online Share Trading current account fees and features Standard Bank · Accessed 27 Oct 2026
- Standard Bank older OST detailed fees and costs schedule Standard Bank · Accessed 27 Oct 2026
- Standard Bank AutoShare Invest costs and account mechanics Standard Bank · Accessed 27 Oct 2026
- Standard Bank Webtrader international platform and CFD menu Standard Bank · Accessed 27 Oct 2026
- South African FSCA regulated persons search FSCA · Accessed 27 Oct 2026
- Shyft investment fees and safe custody Standard Bank / Shyft · Accessed 27 Oct 2026
- OST to Shyft Trader operational comparison Standard Bank / Shyft · Accessed 27 Oct 2026
- Phased Shyft migration and example timetable Standard Bank / Shyft · Accessed 27 Oct 2026
- Standard Bank retail trading consolidation announcement Standard Bank / Shyft · Accessed 27 Oct 2026
- SBG Securities legal identity and company-published FSP 26691 Standard Bank Share Trading · Accessed 27 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.