FNB local trader

redarrow

Expert Member
Joined
Dec 30, 2005
Messages
2,411
Anyone have any info on FNB's "Local trader" account? All I can find on their website is: https://www.fnb.co.za/share-investing/localTrader.html which gives very little info on pricing.

Also I currently have an FNB "Share investor" account but I can't find any info about whether it's possible to upgrade it to the Local Trader.. I primarily want to do this cos I want to be able to set stop losses.
The monthly fee for the local trader is listed as R70 p/m, I currently pay R59 p/m for my share investor, if this is the main difference for the most part I'm totally willing to pay an extra R11 p/m for having the stop loss feature.
 

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
44,236
Anyone have any info on FNB's "Local trader" account? All I can find on their website is: https://www.fnb.co.za/share-investing/localTrader.html which gives very little info on pricing.

Also I currently have an FNB "Share investor" account but I can't find any info about whether it's possible to upgrade it to the Local Trader.. I primarily want to do this cos I want to be able to set stop losses.
The monthly fee for the local trader is listed as R70 p/m, I currently pay R59 p/m for my share investor, if this is the main difference for the most part I'm totally willing to pay an extra R11 p/m for having the stop loss feature.
PSG's trading account is 40 bucks a month.

Otherwise GT247, no monthly costs and stop losses can be used.
 

redarrow

Expert Member
Joined
Dec 30, 2005
Messages
2,411
I'm aware there are some other options, my problem is that switching to them will probably cost a chunk.. I'm thinking switching one FNB product to another should be cheaper.
Also I like the FNB app..
 
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