Capitec Bank and EasyEquities have teamed up to offer South Africans an easy and affordable way to invest in local and international companies. Capitec Bank, known for its innovative banking solutions, has integrated EasyEquities into its mobile banking app, making investing accessible to everyone. With EasyEquities, users can buy and sell shares in fractions, making it possible to invest in companies with high share prices without having to buy a whole share.
EasyEquities offers a user-friendly platform that allows investors to trade shares, exchange-traded funds (ETFs), and exchange-traded notes (ETNs) with low brokerage fees. Investors can start with as little as R5 and can choose from a wide range of local and international shares. The platform also offers a social network where investors can share ideas and learn from each other.
Find out how to reverse money using the Capitec app.
Capitec Bank’s partnership with EasyEquities has been well-received by clients and market watchers alike. The integration of EasyEquities into the Capitec mobile banking app has made investing accessible to more people, particularly those who may have been intimidated by the traditional stock market. With EasyEquities, investing is no longer limited to the wealthy and experienced investors.
Understanding Capitec EasyEquities
Capitec Bank has partnered with EasyEquities, a leading financial services provider, to offer South Africans an affordable and accessible way to invest in local and international companies. Through the EasyEquities platform, investors can buy and sell shares, exchange-traded funds (ETFs), and other assets on the stock market.
Capitec’s banking app comes equipped with an EasyEquities widget, which makes it easy to invest with just a few clicks. Investors can start with as little as R5 per trade and benefit from a 20% discount on brokerage fees. This partnership allows Capitec Bank to expand its range of financial services and offer customers the opportunity to invest in the stock market.
The EasyEquities platform offers investors access to both South African and USA markets, making it possible to diversify their portfolios. Investors can choose from a wide range of companies and ETFs, and can even earn dividends on their investments. The platform is user-friendly and provides investors with valuable information and resources to help them make informed investment decisions.
With this partnership, Capitec Bank and EasyEquities aim to disrupt the finance industry and make investing accessible to all South Africans. The Purple Group, the parent company of EasyEquities, has also benefitted from this partnership, as it has gained access to Capitec Bank’s extensive customer base.
Overall, the Capitec EasyEquities partnership provides investors with an affordable and accessible way to invest in the stock market. With low commission rates and a user-friendly platform, investors can easily diversify their portfolios and benefit from the potential returns of the stock market.
Getting Started with Capitec EasyEquities
To start investing with Capitec EasyEquities, users can either download the EasyEquities app from the App Store or Google Play Store or use the web platform to register for an account. Once registered, users can link their existing EasyEquities account with the Capitec App Widget to access the investment platform directly through their Capitec banking app.
Capitec EasyEquities allows users to invest in local and international companies with as little as ZAR 5. Users can buy and sell shares on both the South African and US stock markets, and save 20% on the commission they would pay when making an investment.
For those new to investing, Capitec EasyEquities offers a demo account where users can practice investing without risking real money. This feature allows users to get comfortable with the platform and investment process before making real investments.
To register for an account, users will need to provide personal information such as their name, address, and identification number. Once registered, users can fund their account through the Capitec banking app, making it easy and convenient to manage all their finances in one place.
Overall, Capitec EasyEquities offers a user-friendly investment platform that is accessible to anyone, regardless of their level of investment experience. By linking their existing EasyEquities account with the Capitec App Widget, Capitec clients can easily manage their investments directly through their banking app.
Investment Options
EasyEquities offers a range of investment options to suit everyone’s needs and wants. Whether you are new to investing or looking to expand your portfolio, EasyEquities has got you covered. Here are some of the investment options available on the platform:
Savings Plan
EasyEquities offers a flexible savings plan that allows you to save for your financial goals. You can set up a recurring investment or make once-off investments as you like. The savings plan allows you to invest in a range of products, including ETFs, shares, and more.
Tax-Free Savings Account (TFSA)
EasyEquities also offers a tax-free savings account (TFSA) that allows you to invest in a range of products tax-free. You can invest up to a certain amount per year, and the growth and returns on your investment are tax-free.
My Funds
My Funds is a feature on EasyEquities that allows you to invest in pre-selected portfolios of ETFs and shares. You can choose from a range of portfolios that are designed to meet different investment goals, such as income, growth, and capital preservation.
Flexible Savings Plan
The flexible savings plan is an investment option that allows you to invest in a range of products, including ETFs, shares, and more. You can set up a recurring investment or make once-off investments as you like. The flexible savings plan is designed to help you achieve your investment goals.
Portfolio
EasyEquities also offers a portfolio feature that allows you to invest in a range of products, including ETFs, shares, and more. You can create your own portfolio or choose from pre-selected portfolios that are designed to meet different investment goals.
Live Better
Live Better is a feature on EasyEquities that allows you to invest in a range of products, including ETFs, shares, and more. The feature is designed to help you invest in companies that are making a positive impact on the world.
Savings Account
EasyEquities also offers a savings account that allows you to earn interest on your savings. The savings account is designed to help you save for your financial goals.
In conclusion, EasyEquities offers a range of investment options to suit everyone’s needs and wants. Whether you are looking to save for your financial goals or expand your portfolio, EasyEquities has got you covered. With features like My Funds, Live Better, and the flexible savings plan, EasyEquities makes it easy to invest in a range of products.
Benefitting from Capitec EasyEquities
Capitec Bank’s partnership with EasyEquities offers numerous benefits to its users. Here are some of the ways in which Capitec EasyEquities can be advantageous:
Low Barriers to Entry
Capitec EasyEquities allows users to invest in shares on stock markets in South Africa and the USA from as little as R5. This low minimum investment amount makes it easy for anyone to start investing and grow their wealth.
Simple and Convenient
Investing with Capitec EasyEquities is simple and convenient. Users can access the EasyEquities widget on the Capitec app and invest in shares with just a few clicks. Additionally, users can link their EasyEquities profile to their Capitec banking app for easy access.
Save on Brokerage Fees
Capitec EasyEquities users can save 20% on brokerage fees across all trades, including all shares and Exchange Traded Funds (ETFs) in their ZAR and USD accounts, all ETFs in their TFSAs, and all shares and ETFs in their USD accounts.
Practice with Demo Account
Capitec EasyEquities offers a demo account with a balance of R100 000 to new users. This allows users to practice investing without risking their own money.
Research and SID
Capitec EasyEquities provides users with access to research reports and company information through the Standard Information Document (SID). This helps users make informed investment decisions.
Profit and Repo Rate
Investing with Capitec EasyEquities can lead to potential profit through share price appreciation and dividends. Additionally, users can earn interest on any uninvested funds in their EasyEquities account, with interest rates linked to the repo rate.
Funding and Loans
Users can fund their EasyEquities account through various methods, including EFT, debit order, and credit card. Capitec Bank also offers loans to its users, which can be used to fund investments in EasyEquities.
Overall, Capitec EasyEquities offers a simple and convenient way for anyone to start investing and grow their wealth. With low barriers to entry, potential for profit, and access to research and information, Capitec EasyEquities is a great option for those looking to start investing.
Frequently Asked Questions
How can I invest in shares through Capitec?
Capitec Bank offers its clients the ability to invest in shares through its partnership with EasyEquities. To get started, you can register for an EasyEquities account using the Capitec banking app. Once you have your account set up, you can start investing in shares listed on the Johannesburg Stock Exchange (JSE) and other international markets.
What investment plans does Capitec offer?
Capitec Bank offers a variety of investment plans to suit different needs and investment goals. These include the Global One Savings Account, Tax-Free Savings Account, Fixed-Term Savings Plan, and the Access Accumulator investment plan. Each plan has its own unique features and benefits, so it’s important to do your research and choose the plan that’s right for you.
Is it possible to invest R500 at Capitec?
Yes, it is possible to invest as little as R5 through EasyEquities, which is the platform through which Capitec clients can invest in shares. This makes it easy and affordable for anyone to start investing, regardless of their budget.
What is the EasyEquities app and how does it work?
The EasyEquities app is a mobile application that allows users to invest in shares listed on the JSE and other international markets. Users can also access a range of investment products, including exchange-traded funds (ETFs), unit trusts, and tax-free savings accounts. The app is user-friendly and easy to navigate, making it a great option for beginner investors.
Is EasyEquities part of Capitec?
While Capitec Bank has a partnership with EasyEquities, the two companies are separate entities. EasyEquities is a standalone investment platform that offers a range of investment products and services to clients across South Africa.
How long does it take to transfer money from Capitec to EasyEquities?
Transferring money from your Capitec account to your EasyEquities account is a quick and easy process. In most cases, the transfer should be completed within a few minutes. However, it’s important to note that transfer times may vary depending on a number of factors, including the amount being transferred and any network or system issues that may arise.