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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Standard Bank

South Africa South Africa | 5-10 years |
Listed Questionable Regulatory License | Global Business | High Potential Risk

https://webtrader.standardbank.com/ost/

Website

Rating Index

Influence

Influence

A

Influence Index NO.1

South Africa South Africa 7.90
Surpassed 15.40% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+27 11 415 6555
https://webtrader.standardbank.com/ost/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
South Africa
Operating Period
5-10 years
Company Name
Standard Bank
Email
securities@standardbank.co.za
Contact Number
+27114156555
Listing Information
Trading Strategy
Business Region
Verified Site
Relationship Map
Related Companies
Employees
About Us
News
Wiki Q&A
Comment
Listing Information

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Verified Site

  • standardbank.com
    196.8.136.20
    Server Location
    South Africa South Africa
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    1998-06-23
    Website Name
    WHOIS.LEXSYNERGY.COM
    Company
    LEXSYNERGY LIMITED

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Standard Bank

Related Companies

STANDARD BANK GROUP LIMITED
South Africa
STANDARD BANK GROUP LIMITED
Active
South Africa
Registration No.30714211532
Est. Date
SourceOfficial Statement
Employees

Company Profile

Company Profile

Review summary

Standard BankReview Summary
Founded1998
Registered Country/RegionSouth Africa
RegulationNo Regulation
Market InstrumentsCFDs, ETFs, Indices, Forex, Shares, and Metals
Demo Account/
Leverage/
Spread/
Trading PlatformStandard Bank Webtrader
Minimum Deposit/
Customer SupportEmail: securities@standardbank.co.za
Tel: 0860 121 555 (South Affrica)
Tel: +27 11 415 6555 (International)
Social Media: Facebook, YouTube, LinkedIn, Twitter, Blogger

Standard Bank Information

Standard Bank was established in 1998 and was registered in South Africa. It offers over 20,275 tradable instruments, including CFDs, ETFs, indices, forex, stocks, and metals, and supports trading through the Standard Bank Webtrader platform. Although it offers a variety of financial products and services without charging transaction fees, the company is unregulated and lacks detailed information about account features. Investors should exercise caution regarding its legitimacy and transparency. Additionally, deposits incur a US$0.05 fee, and settlements typically take two business days to complete.

Standard Bank Information

Pros & Cons

ProsCons
A variety of financial productsNo regulation
Long operation historyLimited info on trading details
Various contact channelsDeposit fees charged

Is Standard Bank Legit?

Standard Bank is not regulated, so traders need to exercise caution when trading.

license
domain

What Can I Trade on Standard Bank?

Standard Bank offers a wide range of over 20,275 trading instruments, including CFDs, ETFs, Indices, Forex, Shares, and Metals.

Tradable InstrumentsSupported
CFDs
ETFs
Indices
Forex
Funds
Shares
Metals
Bonds
Cryptocurrencies
Options
assets
assets

Fees

Administration Fee: 20 basis points will be charged.

Fees

Trading Platform

Standard Bank supports trading on the Standard Bank Webtrader platform. The platform does not charge transaction fees, and settlement is completed within two business days.

Trading PlatformSupported Available Devices Suitable for
Standard Bank WebtraderMobile, Web/
MT4/Beginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

Customers can deposit and withdrawal mainly through bank transfer, and a fee of US$0.05 will be charged for deposits.

Deposit and Withdrawal

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Global Business
  • High Potential Risk

News

WIKIFX REPORT: Standard Bank fined more than £350,000 for serious failings

News WIKIFX REPORT: Standard Bank fined more than £350,000 for serious failings

The Isle of Man Financial Services Authority says Standard Bank Isle of Man acted in breach of an order issued by the Island's courts.

WIKIFX REPORT: Standard Bank warns of new tax scam targeting customers

News WIKIFX REPORT: Standard Bank warns of new tax scam targeting customers

South Africa’s biggest bank by total assets, Standard Bank is warning customers of a new tax-related scam doing the rounds as tax season gets into full swing.

WIKIFX REPORT: Standard Bank Group of South Africa leads the banking pack in Africa

News WIKIFX REPORT: Standard Bank Group of South Africa leads the banking pack in Africa

Africa’s biggest bank by assets, Standard Bank Group, has retained its seat at the top of the banking pack in Africa.

WIKIFX REPORT: Standard Bank announces Africa Trade Barometer

News WIKIFX REPORT: Standard Bank announces Africa Trade Barometer

Standard Bank has launched Africa Trade Barometer, which is expected to become Africa’s leading trade index.

WIKIFX REPORT: Mozambican Central Bank Extends Standard Bank’s Suspension from the Interbank Foreign

News WIKIFX REPORT: Mozambican Central Bank Extends Standard Bank’s Suspension from the Interbank Foreign

The Bank of Mozambique announced today that Standard Bank will continue, for another 12 months, barred from participating in the interbank foreign exchange market, one year after the regulator suspended the institution in this type of operations for “serious violations”.

Wiki Q&A

Is Standard Bank safe and reliable?

According to WikiFX assessment, Standard Bank exhibits a high-risk profile that necessitates caution. It operates as a financial entity with a business scope described as 'Global Business' and has been active for 5-10 years. The analysis reveals a core safety score of 1.54 out of 10. Furthermore, it currently holds no valid retail forex trading licenses from recognized financial authorities. This lack of formal regulatory supervision represents a substantial consideration for market participants, making thorough independent due diligence essential before any engagement.

In a week
United States

Is Standard Bank regulated?

Standard Bank currently operates without oversight from recognized retail forex trading regulators. The WikiFX assessment indicates no valid licenses from major authorities such as the UK's FCA, Australia's ASIC, or Cyprus's CySEC. The entity is registered in South Africa. This operational status places it outside mainstream regulatory frameworks, which is a critical factor for users to evaluate.

In a week
United States

What is the minimum deposit of Standard Bank?

Specific minimum deposit requirements for Standard Bank are not publicly detailed in its operational profile. As a general principle for entities with limited regulatory oversight, prospective users should verify all account funding terms directly with the provider before committing any capital.

In a week
United States

Does Standard Bank support MT4 or MT5?

Information regarding the specific trading platforms, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), supported by Standard Bank is not explicitly listed in its current profile. Users are advised to confirm platform availability and specifications directly with the entity.

In a week
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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