EasyEquities has different types of investment accounts, of which you may have access to at least one. These accounts act as different types of digital wallets and are linked to your profile, where you can switch between the accounts to invest in different types of instruments and investment products.
Your ZAR account gives you access to the full range of products available: managed portfolios, baskets, ETFs, digital tokens and, of course, equities (shares). All products found within the ZAR account feature instruments listed on the JSE and the DCX10 Token.
In this account, you can only invest in collective investment vehicles such as managed portfolios, baskets, and ETFs, as is legislated by government. As the name implies, interest, local dividends, and capital gains do not have any tax liability. You can invest up to R36 000 per tax year and up to R500 000 over your lifetime collectively over all your Tax-Free Savings Accounts.
Like the ZAR account, you get access to the full range of products we have to offer. The only difference is that products and investment instruments feature stocks listed in the United States. (This account is unfortunately not available to persons younger than 18 years old and to companies).
The Easy RA is a personal retirement savings vehicle which allows you to save for your retirement in a tax-efficient manner that complies with the Regulation 28 rules of the Pensions Fund Act.