FNB Share Investing at a glance
South African bank-backed online stockbroking and investment platform operated by FNB Stockbroking and Portfolio Management (FirstRand Group), offering retail and institutional trading across Johannesburg Stock Exchange (JSE) equities, ETFs, ETNs, physical Krugerrands, Tax-Free Shares Accounts, and global market portfolios.
FNB Share Investing reports a founding year of 1996 and a head office in Sandton, Johannesburg, South Africa. It lists 2 regulators and 2 trading platforms.
BrokerBazaar verdict
FNB Share Investing (FNB Stockbroking and Portfolio Management (Pty) Ltd) is one of South Africa's leading bank-backed stockbrokers, regulated by the FSCA (FSP 182) and holding full membership on the JSE. Backed by FirstRand Bank, integrated into the FNB Banking App, and offering tax-free share investing alongside physical Krugerrands, it delivers exceptional institutional security and low counterparty risk for domestic retail and wealth investors.
Legal entities, regulation and licences
FNB Share Investing operates through 1 legal entity, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
FNB Share Investing states that it accepts clients from South Africa. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Stocks, ETFs, Gold. Platforms: FNB Online Banking, FNB App. Account types: Shares Zero, Share Builder, Share Investor, Share Saver.
Best-for tags assigned by our team: Bank-Backed, Beginners, Local Markets, Low Deposit.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is : ZAR 0 (R0 minimum funding threshold; entry-level Share Builder/Share Saver accounts allow investments from low nominal amounts; discretionary managed portfolios require R1,000,000 to R2,500,000). Spreads start from 0.0 (Direct exchange centr… and commission is Self-managed equity trades: ty…. Maximum leverage is Up to 1:5 (by entity), subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Not supplied. Withdrawal methods: Not supplied.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.
None of the recorded entities holds an active licence to keep client accounts, so no regulator's client-money rules can be assumed.
Not covered: FNB Stockbroking and Portfolio Management (Pty) Ltd (Financial Sector Conduct Authority (FSCA South Africa)). This licence covers a different activity (such as securities, wealth or payments), so its client-money rules do not apply to a forex or CFD account.
Complaints and dispute process
Formal complaints: spmcomplaints@fnb.co.za. Phone: +27 87 346 8378. Grievances must be submitted first in writing to the FNB Stockbroking and Portfolio Management Complaints Officer or the FirstRand Group Ethics/Grievance desk. Unresolved disputes can be formally escalated to the Office of the Ombud for Financial Services Providers (FAIS Ombud) or the National Financial Ombud Scheme (NFO). All local JSE securities and scrip holdings are held in electronic custody under FNB Investments Nominee (RF) (Pty) Ltd and cleared through Strate, legally segregating assets from broker liquidation risks.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Wholly owned subsidiary within the FirstRand Group, providing premier tier-one banking balance-sheet security
- Strength: Full trading and clearing membership of the JSE Equity Market regulated by the FSCA (FSP 182)
- Strength: Direct integration into the FNB Banking App and online banking ecosystem, earning eBucks rewards
- Strength: Unique support for purchasing, storing, and selling official physical Krugerrands with guaranteed buyback
- Limitation: Standard self-managed brokerage charges and monthly account fees are higher than low-cost execution-only apps
- Limitation: Offshore trading incurs foreign exchange conversion spreads and additional third-party clearing fees
- Limitation: Platform interface within standard retail banking is geared toward long-term investing rather than high-frequency scalping
- Limitation: Discretionary portfolio management services require high capital minimums (starting from R1,000,000)
Who this broker suits, and who it does not
FNB Share Investing is most relevant to traders looking for: Bank-Backed, Beginners, Local Markets, Low Deposit.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
FNB Share Investing change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for FNB Share Investing yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about FNB Share Investing
Data sources. Broker submission, the regulator registers linked above, fnb.co.za share investing FAQs and terms, web-archive and domain records, and third-party traffic data. Last register check 2026-09-28. External ratings: Apple App Store 4.8/5; Google Play Store 4.7/5; Hellopeter 1.3/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with FNB Share Investing through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.