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Licence record

Standard Bank: FSCA licence 26691

Wikilix check
Confirmed on the register
Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
Last checked
Oct 15, 2026

This is Wikilix's record of a licence issued by Financial Sector Conduct Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

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RecordModified Oct 15, 2026

Licence Verification Record

Financial Sector Conduct Authority 26691

Wikilix read the FSCA register on Oct 15, 2026. This is what it said.

Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
Effective
Oct 16, 2007
Register status
Authorized

Checked Oct 15, 2026

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/standard-bank/licenses/financial-sector-conduct-authority/26691Fields on file 6 / 11

Our check
Checked

What we checked

We found this licence on the issuing authority's own register.

Wikilix check
Confirmed on the register
Authority strength
Tier 2
Jurisdiction
South Africa
Last checked
Oct 15, 2026
Register says
Authorized

Finding

The Category I Financial Services Provider licence held by SBG Securities (Pty) Ltd, the Standard Bank Group subsidiary that actually operates the Online Share Trading platform. It authorises advice and intermediary services in shares, derivative instruments, bonds, warrants and collective investment schemes, and the same company is an authorised user of the JSE Limited under the Financial Markets Act, which is what permits it to execute trades on the exchange. Client protection: Moderate to strong for a South African client: FSCA conduct supervision, JSE member obligations, client cash held in a JSE Trustees trust account, share settlement through Strate, and FAIS Ombud recourse.. Effective: 16 Oct 2007.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
26691
Register status
Authorized
Effective from
Expires
No expiry shown
The authority

About FSCA

Financial Sector Conduct Authority is the authority that issued this licence, and the jurisdiction it applies in is South Africa.

Full name
Financial Sector Conduct Authority
Jurisdiction
South Africa
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
1991
Oversight
A government or statutory body
Firms we track under it
19 firms
Regulates
Forex, Bond, Stocks, Fund, Derivatives, CFD
Licences it issues
ODP Category IIA – Principal & Agency OTC Derivatives
Typical cost of a licence
USD 50,000-100,000 + ~USD 270k capital
Public register
Searchable by the public
Transparency
High

FSCA is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

FSCA's own rules for the firms it authorises.

  • Compensation schemeUp to ZAR 500,000
  • Complaints routeFSCA Dispute Resolution
  • Maximum leverage1:30
This describes the authority's regime, not how Standard Bank applies it.
The holder

Who holds this licence

The licence above is recorded against Standard Bank. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
Standard Bank
Based in
South Africa
Wikilix score
23.0the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • The Standard Bank of South Africa LimitedSouth Africa · Reg. 1962/000738/06
  • STANDARD BANK GROUP LIMITEDSouth Africa
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences Standard Bank holds

One other licence is on record for Standard Bank.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions

Standard Bank has announced a move, but has not published a date. The Webtrader sign in page carries a banner stating that Webtrader has moved to Shyft and links to the Shyft site, the Shyft site itself states that Standard Online Share Trading is now on Shyft, and the share trading hub lists the Shyft App among its products. The existing Webtrader and Online Share Trading platforms are still live, so this is the broker's own announcement rather than a completed migration.

Yes, on the two local share trading accounts. The Online Share Trading Account carries a R110 monthly account fee and the Professional Traders Account R650, both waived for the first calendar month after registration and in any calendar month with three or more trades. The broker's own pages are not consistent on the figure: the fee schedule and the product page both give R110, while the Online Share Trading FAQ still quotes R50 including VAT. The other accounts are charged differently, with 0.15% brokerage plus a 0.12% annual safe custody fee on AutoShare Invest and the Tax-free Investment account, and an annual 20 basis point administration fee on Webtrader.

Standard Bank publishes a three step route. First the Complaints Resolution Centre, on 0860 101 101 or complaint.resolutioncentre@standardbank.co.za, which undertakes to give you a reference number and a named case manager within 24 hours. If that does not resolve it, escalate to ComplaintsEscalations@standardbank.co.za. Beyond the bank, the published external bodies are the FAIS Ombud, the National Financial Ombud Scheme of South Africa, the Information Regulator, the National Consumer Commission and the National Credit Regulator.

Yes, on the offshore platform. Webtrader comes with a 20 day free demo of the full platform. The local Online Share Trading account includes free education and training courses on products such as share instalments and contracts for difference.

No. Standard Bank offers only its own platforms: Standard Online Share Trading and ViewPoint for local Johannesburg Stock Exchange accounts, and Webtrader for offshore accounts. No MetaTrader, cTrader or other third party terminal appears anywhere in the offering.

It splits by account. The local Online Share Trading account covers JSE shares, exchange traded funds, contracts for difference, warrants, share instalments, futures, exchange traded products and covered calls. AutoShare Invest covers over 250 JSE shares and exchange traded funds, and the Tax-free Investment account over 70 exchange traded funds. The offshore Webtrader account covers contracts for difference, spot foreign exchange, shares, exchange traded funds, exchange traded commodities, futures and mutual funds, with 160 foreign exchange pairs and about 5 600 contracts for difference on record.

The maximum leverage on record is 1:20, read from the Webtrader commissions and margin schedule. The local accounts are cash investment products, apart from the geared instruments the Online Share Trading account carries, such as contracts for difference, warrants, share instalments and futures. This is not a high leverage retail foreign exchange offering.

Not for cash on the Webtrader platform. Clause 4.1.1 of the Webtrader Terms of Business states that client cash is not segregated from Standard Bank's own funds and may be used in the course of its business, which would leave a client ranking as an ordinary unsecured creditor for the cash balance if the bank failed. Securities are held separately and give a secured claim, so the exposure is to uninvested cash rather than to shares you already own.

For a local account the desk aims to transfer settled funds to your bank account within 24 hours of the request, at a cost of R4.56 including VAT. Share sale proceeds only become settled funds five business days after the sell trade, unless you pay 0.25% with a R39.90 minimum for early settlement. For an offshore Webtrader account, clause 10.5 of the Terms of Business allows up to 5 business days from approval, and the request itself has to be made by telephone or email to the call centre before a 15:00 South African time cut off.

It depends which account you hold, and the two routes do not overlap. Local accounts are funded from a South African bank account by internet banking, telephone banking or an ATM, or through the top up feature in the banking app; a transfer from a non Standard Bank account may take up to three business days. Offshore Webtrader accounts are funded by international bank transfer in US dollars, pounds sterling or euros, or through Shyft, Standard Bank's own currency conversion app. There is no card, cryptocurrency or third party electronic wallet option.

Local brokerage is quoted at two different rates on the broker's own pages: the Online Share Trading product page headlines 0.25%, while its fee schedule headlines 0.5% with a R110 minimum. Private Banking Suite clients are quoted 0.4%, and brokerage is negotiable above R500 000 traded per month. The account also carries a R110 monthly fee, waived for the first calendar month and in any month with three or more trades. AutoShare Invest and the Tax-free Investment account are cheaper, at 0.15% with no minimums plus a 0.12% annual safe custody fee.

Standard Bank is the share trading arm of a Johannesburg Stock Exchange listed South African banking group, not an anonymous operator. It names its operating companies and their registration numbers on its own pages, SBG Securities (Pty) Ltd for the local accounts and The Standard Bank of South Africa Limited for offshore Webtrader accounts, and both FSCA licences on this record were confirmed on the regulator's own register on 15 October 2026, along with the bank's registration number 1962/000738/06.

The risks worth reading here are disclosed terms rather than concealment. Clause 4.1.1 of the Webtrader Terms of Business leaves offshore cash unsegregated from the bank's own funds, Webtrader withdrawals must be requested by telephone or email rather than online, and the broker's own pages contradict each other on local brokerage, on the monthly account fee and on the withdrawal currency.

Two different companies, depending on the account. The local Johannesburg Stock Exchange accounts are operated by SBG Securities (Pty) Ltd, registration number 1972/008305/07, which the broker describes as a wholly owned subsidiary of Standard Bank Group Limited. Offshore Webtrader accounts are contracted with The Standard Bank of South Africa Limited, registration number 1962/000738/06. The counterparty, the fee schedule and the funding route all change between the two.

Standard Bank uses only its own platforms, and there is no MetaTrader 4, MetaTrader 5 or cTrader anywhere in the offering. Local Johannesburg Stock Exchange clients get Standard Online Share Trading, a web platform with a tablet and mobile app, and ViewPoint, a low bandwidth platform for market data, trading and portfolio management. Offshore clients get Webtrader, which runs in a browser with no download, on web and mobile. The Webtrader sign in page now carries a banner stating that Webtrader has moved to Shyft.

Standard Bank does not set a single minimum deposit, and the figure depends on which account you open. The offshore Webtrader account has no minimum amount to trade. The Tax-free Investment account has a R250 minimum transaction, and AutoShare Invest gives a R250 minimum trade size on its own page while the Tax-free Investment account page gives R500 for the same product. The local Online Share Trading account is priced through a R110 monthly account fee rather than through a minimum deposit.

Standard Bank's share trading desk publishes a South African number, 0860 121 161, and an email address, securities@standardbank.co.za, on both its local and its offshore product pages. A WhatsApp chatbot is available on +27 64 570 0291. Support is in English, and the site links Facebook, X, LinkedIn and YouTube accounts. The site gives two different international numbers for this desk on different pages and publishes no operating hours for it, so confirm both with the desk before relying on them.

Yes. Two Financial Sector Conduct Authority licences on this record were confirmed on the authority's own register on 15 October 2026: FSP 11287, held by The Standard Bank of South Africa Limited and shown as Authorized from 19 April 2005 as a Category I financial services provider, and FSP 26691, shown as Authorized from 16 October 2007, which is the number Standard Bank publishes for SBG Securities (Pty) Ltd, the subsidiary that operates the local Johannesburg Stock Exchange accounts.

Client funds are a separate question from authorisation. Clause 4.1.1 of the Webtrader Terms of Business states that cash on the offshore platform is not segregated from Standard Bank's own funds and may be used in the course of its business, which would leave a client ranking as an ordinary unsecured creditor for a cash balance in an insolvency. Securities are held separately and give a secured claim.

Licence 26691 was issued by Financial Sector Conduct Authority (FSCA), the financial authority for South Africa.
Standard Bank holds this FSCA licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the FSCA register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates FSCA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
Yes, FSCA is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
Standard Bank has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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