PSG vs ? (open to suggestions)

adidas said:
You might want to check out Standard Bank OST platform. Its quite a nice online broker option if you're only going to invest in securities and ETFs.

Cheap option for ETFs is etfsa.co.za but their online system is horrible, worst than Satrix etc.

I use FNB Securities, but I am on a special pricing plan with my other accounts, so I don't pay any account fees, just brokerage, which works out to about the same as standard bank with the amounts I trade. (minus the monthly fee)

But keep in mind you can't buy any unit trusts with the above systems..
Click to expand...

Well etfsa.co.za (This webpage is not available) so that's a no no.



adidas said:
Yeah, look if you want cheap, you can go Easy Equities. Simple and basic. That's why its so cheap.

There is a thread on Easy Equities that you might want to check out.
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From the website:
Prices displayed on the website or the EasyEquities platform may reflect delayed prices, or may be the previous day’s closing price for that security as quoted by the recognised exchange. Your trades in securities will be executed at the prevailing market price, quoted by the relevant recognised exchange for that security, at the time we execute your trade as reflected in the Invoice (“Execution Price”). The execution price may be different to the quoted price, depending on how the security’s market price has moved during the course of the market day. We do not give any guarantee that the execution price will be at or near the quoted price.
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That makes their platform absolutely of no help. So they seem like a no no too.
 
I'm with you Thor. I simply can't understand how these businesses can't get websites right.

I mean why do we need to deal with people and forks and faxes and paperwork and all that nonsense.

One thing that Easy Equities does get right spectacularly is the website.

From start to finish to FICA I have done it all on the website, but I agree without live figures for what you want to do it won't work.

Have you looked at their parent company GT247?
 
SauRoNZA said:
I'm with you Thor. I simply can't understand how these businesses can't get websites right.

I mean why do we need to deal with people and forks and faxes and paperwork and all that nonsense.

One thing that Easy Equities does get right spectacularly is the website.

From start to finish to FICA I have done it all on the website, but I agree without live figures for what you want to do it won't work.

Have you looked at their parent company GT247?
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Was just about to ask now is GT247 something worth going into?
 
I haven't really used it but I have looked around and it seems pretty decent.

Sign up for a demo account and see.
 
I have used. Std banks site and worked very good. I have jow stopped doing it my self.

Have you spoken to the Efficient Group. They are alwats willing to assist. You can get an appointment with Dawie himself and discuss your issues ans views. He sits himself on the board and they have very nice options available where you have inputs on your portfolio yourself.
We take our customers to him and they are all very happy.
Maybe this is not what you are looking for, but though I need to mention it.
 
a88277 said:
I have used. Std banks site and worked very good. I have jow stopped doing it my self.

Have you spoken to the Efficient Group. They are alwats willing to assist. You can get an appointment with Dawie himself and discuss your issues ans views. He sits himself on the board and they have very nice options available where you have inputs on your portfolio yourself.
We take our customers to him and they are all very happy.
Maybe this is not what you are looking for, but though I need to mention it.
Click to expand...

Not what I am looking for, but I appreciate the reply non the less :)
 
try again: www.etfsa.co.za

Not saying its a fit for you, but worth knowing the info:

It is one of the best and cheapest places to buy ETFs. Started by Mike Brown (who started Satrix) It is managed by AOSPartner (same people/platform who admins Satrix, Deutche bank investment plans etc.)

But its not a 'buy/sell' kind of site. More of a 'sign a debit order and forget' type of investment site.
 
adidas said:
try again: www.etfsa.co.za

Not saying its a fit for you, but worth knowing the info:

It is one of the best and cheapest places to buy ETFs. Started by Mike Brown (who started Satrix) It is managed by AOSPartner (same people/platform who admins Satrix, Deutche bank investment plans etc.)

But its not a 'buy/sell' kind of site. More of a 'sign a debit order and forget' type of investment site.
Click to expand...

Tried in on my home pc and it did not work. Tried it on my work pc still not working, Tried it on my mobile using vodacom not working, asked a employee using MTN and also not working.

Think it is safe to say Mr.Mike did a horrible job at hiring.
 
It loaded now. But I also thought it was my side at first, but at issues on 3 different locations using 3 different PC's on 3 separate networks, plus 2 different mobile fones.


Maybe, I just had the bad luck of trying to access the site when it was suppose to rest hahaha, it works now thou apart from the unresponsive time outs here and there.


The prices are great, but not really sure If I will drop PSG for it thou.
 
ok cool.

Just out of interest, did you check out Standard bank's OST? Its cheaper than PSG and the trading system is really nice.

I had a quick look at the fees:
PSG - R40 monthly admin | Brokerage 0.9% with R98 min trade
SB OST - R60 montlhy admin | Brokerage 0.5% with R60 min trade
 
adidas said:
ok cool.

Just out of interest, did you check out Standard bank's OST? Its cheaper than PSG and the trading system is really nice.

I had a quick look at the fees:
PSG - R40 monthly admin | Brokerage 0.9% with R98 min trade
SB OST - R60 montlhy admin | Brokerage 0.5% with R60 min trade
Click to expand...

R 40 is better since for now I will focus on ETF's and I have more faith in a dedicated trading platform ie PSG than in a bank trying to compete with other banks.


Kind of like ADSL you keep with a dedicated DSL ISP, web hosting you keep with a dedicated web hosting company and mails with a mail company.


I'm weird like that :)
 
Mmmmm, going through this page http://www.etfsa.co.za/fees.htm and the rest of the website i have to admit, it's not bad if my primary focus will be long term ETF investment ie 10 - 15 years.

Do they offer better graphs and live prices etc, I could not really locate it partly because the site will be a bit unresponsive at times.
 
Indeed, the only reason I'm using FNB securities primarily and not ETFSA, is that I'm buying single blue chip stocks as well as Etfs.

Although, I have an ETFSA account that I tested out. The admin side is horrible though, so be prepared. :D

But yeah, if you are just going to be buying ETFs and leave them, ETFSA is a very good option.
 
Check out google finance for graphing, you can do you're graphing there, save watchlists etc under your google account.
 
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