EasyEquities vs ABSA Stockbrokers
Which investment platform is better for beginners? We compare fees, features, and user experience to help you make the right choice.
EasyEquities
R1
R0
Beginners & Cost-conscious investors
Best For: Beginners and cost-conscious investors
ABSA Stockbrokers
R1,000
R40
Advanced & Research-focused investors
Best For: Research-focused and experienced investors
Pros and Cons Comparison
EasyEquities
✅ Pros
- ✓ Extremely low fees from R1
- ✓ No monthly or inactivity fees
- ✓ Fractional shares available
- ✓ Excellent mobile app
- ✓ Great educational content
- ✓ Cryptocurrency trading
❌ Cons
- ✗ Limited research tools
- ✗ No phone support
- ✗ Basic portfolio analytics
- ✗ Platform can be slow during high volume
ABSA Stockbrokers
✅ Pros
- ✓ Comprehensive research tools
- ✓ Professional platform
- ✓ Multiple support channels
- ✓ Advanced analytics
- ✓ Multiple international markets
- ✓ Established banking relationship
❌ Cons
- ✗ High fees across services
- ✗ R40 monthly fee
- ✗ R1,000 minimum investment
- ✗ Complex interface for beginners
- ✗ No fractional shares
- ✗ Outdated mobile app
Frequently Asked Questions
Which platform is better for complete beginners?
EasyEquities is significantly better for beginners due to its R1 minimum investment, no monthly fees, fractional shares, educational content, and intuitive interface.
How much can I save on fees with EasyEquities?
Substantial savings: EasyEquities charges 0.25% vs ABSA's 0.50% for shares, plus ABSA has R40/month account fees. Typical investors save R500-2000+ annually.
When should I consider ABSA Stockbrokers?
Consider ABSA if you need advanced research tools, professional analysis, phone support, or trade frequently across multiple international markets.
Are both platforms safe and regulated?
Yes, both are FSP-licensed and offer investor protection. EasyEquities (FSP 45312) and ABSA Stockbrokers (FSP 17) follow FSCA regulations.
Final Verdict
🏆 For Beginners
EasyEquities Wins
Lower fees, R1 minimum, educational content, and fractional shares make it perfect for learning to invest.
🏆 For Advanced Traders
ABSA Stockbrokers Wins
Professional research tools, advanced analytics, and multiple support channels justify higher costs.
Bottom Line: EasyEquities is the clear winner for beginners and cost-conscious investors. ABSA Stockbrokers is better for experienced investors who need professional-grade tools.