Registration

Sanlam iTrade Online Share Trading

Register

Please note that new accounts may take up to 5 working days to be activated. Once you have registered online, please email your latest FICA documents to onlinetrading@privatewealth.sanlam.co.za for us to process your application.

Trading Account requirements

To open a local JSE trading account you need to deposit R5,000 and for a Global trading account you need R100,000 minimum. We will send you an email with our bank details and unique reference number to enable you to deposit funds, after you completed registration.

Documents that will be required:

  1. Proof of address not older than 3 months that reflect your name
  2. Scanned copy of your Identification Document
  3. Any communication from your bank that includes your name and bank account number
  4. Scanned or downloaded communication not older than 12 months from SARS that reflects your name and tax reference number

JSE Trading Options

1.iView

iView clients cannot trade real shares on the JSE, but will be able to do demo trades on our Virtual Trade Simulator (VTS) and will get limited acces to some of the information and features on the website.

Registration is quick, and you can log in immediately. Then go to Login to Virtual Trading and follow the steps to request a virtual account.
To register for an iView account

2. iManaged Portfolios

iManaged portfolios are where Sanlam Private Wealth will manage your portfolio on a full discretionary basis. Minimum investment is R200 000, portfolio management fee is 1.5% and monthly cost is R25, all excluding VAT.

Click here for more info on iManaged

To register for any of the options other than iView, Click on the Blue button at the bottom of this page.

3.iTrade Standard

iTrade Standard clients have full trading capability on the JSE (shares, warrants, instalments) and access to all website features, tools and information with live prices on the Buy/Sell pages only, limited to 150 free prices p m. Watchlist and portfolio pages only 15 minutes delayed. Cost is R50 plus VAT per month. For CFD trading you need to register as an iTradePro client because you will need unlimited live prices. Click here for Our Products & Services.

4.iTrade Pro

iTrade Pro clients receive everything iTrade clients get, plus unlimited live prices including on Watchlists and Portfolio shares. Once registered you can open a CFD account. R130 plus VAT per month.

Global Trading Options - Min R100,000

5.Offshore Own Foreign Allowance

For clients using their own foreign allowance of R1m in travel allowance (no SARB approval needed) or R10m per year with SARB approval. Cost is 0.25% per year, levied monthly in arrears on the value of the offshore portfolio. Includes Safe Custody fees. The Safe Custody fee includes settlement, corporate actions, clearing fees and custody charges as well as free live prices for most of Europe. Click here for Exchanges, Commissions & Live price costs.

6.Offshore Sanlam Asset Swap

Clients who wish to make use of the asset swap capability of Sanlam deposit Rands in their accounts and Sanlam will convert it to foreign currency. Especially useful for Trusts and Companies. Cost is 0.5% per year, levied monthly in arrears on the value of the offshore portfolio. Includes Safe Custody fees. The Safe Custody fee includes settlement, corporate actions, clearing fees and custody charges as well as free live prices for most of Europe.

To register for a Trading Account

If you have trouble using the digital registration process and uploading your FICA documents, you can still register the old way where you have to email and mail the signed mandate and FICA documents to us.

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