Minors (under 18) can invest on EasyEquities, but with a few important restrictions based on South African law.

Let’s break it down.

✅ What minors can use

• ZAR Account
  This is your standard rands-based account – perfect for buying JSE-listed shares, ETFs, and other investment products like SA Government Bonds or unit trusts. 
• TFSA (Tax-Free Savings Account)
  Great for long-term growth! Gains in your investments (interest, dividends, capital growth) are tax-free. Contributions and withdrawals count toward the minor’s own TFSA limits (R36,000 yearly / R500,000 lifetime), so careful oversight is recommended. 
• Retirement Annuity (RA)
  Parents or guardians can open an RA in a child’s name. It's a long game – funds are locked in until retirement age (55), but it’s a tax-smart option. 
• EasyProperties
  Minors can invest in fractional property shares through EasyProperties. These investments may generate income through capital growth or rental dividends. 

❌ What minors can’t use

Minors can’t access any foreign currency wallets on EasyEquities, including:

• USD
• EUR
• GBP
• AUD

Why not?
Because South African minors aren’t eligible for offshore investment allowances like:

• Single Discretionary Allowance (R1 million/year)
• Foreign Capital Allowance (R10 million/year)

These are only available to people over 18 with a valid SA ID. So, no offshore investing or foreign currency accounts until you hit adulthood.

TL;DR: What minors can use ✅

• ZAR Account
• TFSA
• RA
• EasyProperties

What’s off-limits ❌

• All foreign currency wallets (USD, EUR, GBP, AUD)
• Any offshore investing until you’re 18+

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Want to set up an account for a minor? Click here to find out how… 

⚠️ Heads up: All investments involve a bit of risk - your money can go up or down. Past performance isn’t a promise of what comes next, and we don’t give financial advice.