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How much does it cost to transfer funds into my USD account using the EasyEquities widget?

In our continuous quest to keep everything easy and inexpensive, the innovative folk at EasyEquities have developed EasyFX -an on-platform forex solution that enables you to convert available Rands in your EasyEquities ZAR account into dollars in your EasyEquities USD account so you can invest in the US instruments available there.  

The solution has a minimum fee of about a 1 / 5 (Yes - only one-fifth of the usual minimum fees bank forex solutions demand) and a two-day guaranteed exchange rate that gives clients the flexibility to determine if that rate will work in their favour - if not they can cancel it just before the close of the window.   

For details on how to use that solution - check out our How does the EasyFX solution work? FAQ article.  

PLEASE NOTE: This solution is ONLY available to South African citizens from their Rand (ZAR) Investment account on the platform.

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© EasyEquities. EasyEquities is a product of First World Trader (Pty) Ltd t/a EasyEquities which is an authorized Financial Services Provider (FSP number 22588). All trades on the EasyEquities platform are subject to the legal terms and conditions to which you agree to be bound. The EasyEquities platform enables users to invest in securities which includes whole shares and fractional share rights (FSRs). EasyEquities acts as an agent for the issue of whole shares, where the investor is the registered owner of those shares, entitled to dividends, participation in corporate actions and all the economic benefits and risks associated with share ownership.

In respect of FSRs, EasyEquities acts as principal to a contract for difference issued to the investor, where the investor will have a contractual claim against EasyEquities to the economic benefits and risks associated with share ownership (price movements and dividends) without having ownership rights in the underlying share. Fractional share rights (FSRs) which are issued through a contract for difference, are an over the counter derivative. Unlike whole shares, FSRs do not carry any voting rights. As the investor makes further investments in FSRs and ultimately ends up with a whole share, the contract for difference is closed out and ownership whole share is delivered to the investor.

The availability of any share on the EasyEquities platform is based on various factors but is not an indication of value and does not mean that any share is an appropriate investment for you.

The availability of any share on the browse shares page does not necessarily indicate any contractual relationship between EasyEquities and the listed company, or the payment of fees for services. Brand Logos are owned by the respective companies and not by EasyEquities. The use of a company’s brand logo does not represent an endorsement of EasyEquities by the company, nor an endorsement of the company by EasyEquities, nor does it necessarily imply any contractual relationship. Further investment disclosures are available on the EasyEquities website.

* Note exchange prices are delayed in accordance with regional exchange rules. South African prices are delayed by 15 minutes; North American prices are delayed by 15 minutes; Australian prices are delayed by 20 minutes.

EasyEquities is a subsidiary of Purple Group Limited, a company listed on the JSE Limited (PPE)