Standard Bank

WikiFX | 2025-07-31 14:58

Abstract：Standard Bank was established in 1998 and was registered in South Africa. It offers over 20,275 tradable instruments, including CFDs, ETFs, indices, forex, stocks, and metals, and supports trading through the Standard Bank Webtrader platform. Although it offers a variety of financial products and services without charging transaction fees, the company is unregulated and lacks detailed information about account features. Investors should exercise caution regarding its legitimacy and transparency. Additionally, deposits incur a US$0.05 fee, and settlements typically take two business days to complete.

Standard BankReview Summary
Founded	1998
Registered Country/Region	South Africa
Regulation	No Regulation
Market Instruments	CFDs, ETFs, Indices, Forex, Shares, and Metals
Demo Account	/
Leverage	/
Spread	/
Trading Platform	Standard Bank Webtrader
Minimum Deposit	/
Customer Support	Email: securities@standardbank.co.za
	Tel: 0860 121 555 (South Affrica)
	Tel: +27 11 415 6555 (International)
	Social Media: Facebook, YouTube, LinkedIn, Twitter, Blogger

Standard Bank Information

Standard Bank was established in 1998 and was registered in South Africa. It offers over 20,275 tradable instruments, including CFDs, ETFs, indices, forex, stocks, and metals, and supports trading through the Standard Bank Webtrader platform. Although it offers a variety of financial products and services without charging transaction fees, the company is unregulated and lacks detailed information about account features. Investors should exercise caution regarding its legitimacy and transparency. Additionally, deposits incur a US$0.05 fee, and settlements typically take two business days to complete.

Pros & Cons

Pros	Cons
A variety of financial products	No regulation
Long operation history	Limited info on trading details
Various contact channels	Deposit fees charged

Is Standard Bank Legit?

Standard Bank is not regulated, so traders need to exercise caution when trading.

What Can I Trade on Standard Bank?

Standard Bank offers a wide range of over 20,275 trading instruments, including CFDs, ETFs, Indices, Forex, Shares, and Metals.

Tradable Instruments	Supported
CFDs	✔
ETFs	✔
Indices	✔
Forex	✔
Funds	✔
Shares	✔
Metals	✔
Bonds	❌
Cryptocurrencies	❌
Options	❌

Fees

Administration Fee: 20 basis points will be charged.

Trading Platform

Standard Bank supports trading on the Standard Bank Webtrader platform. The platform does not charge transaction fees, and settlement is completed within two business days.

Trading Platform	Supported	Available Devices	Suitable for
Standard Bank Webtrader	✔	Mobile, Web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders