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What is an Authenticator App?

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An authenticator is an app that you can download on your mobile device that can be used as an additional verification tool as part of two-factor authentication (2FA).

An authenticator works by generating a unique code that you would enter on the login page of EasyEquities as an added layer of security.

Examples of authenticator apps are: ‘2FA Authenticator’; ‘Duo Mobile’; ‘Google Authenticator’; ‘Last Pass’; ‘Microsoft Authenticator’.

EasyEquities works with all standard authenticator apps available.

For more information on how to set up 2FA in your account, click here

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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.

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