PSG Securities at a glance
PSG Securities is a South African stockbroking and trading business operated by PSG Securities Limited. It provides access to local and international share trading, JSE-related investment products, contracts for difference, currency futures, and portfolio-backed lending services through the wider PSG Wealth platform. PSG Securities is a member of the JSE and an authorised financial services provider.
PSG Securities reports a founding year of 1996 and a head office in Midrand, Gauteng, South Africa. It lists 1 regulator and 2 trading platforms.
BrokerBazaar verdict
PSG Securities is an FSCA-authorised South African stockbroker and JSE member offering both conventional securities investing and leveraged derivative products. Its product breadth makes it suitable for investors seeking access to local and international markets, but the risk profile varies substantially between ordinary shares and margin-based products such as CFDs and futures.
Legal entities, regulation and licences
PSG Securities 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 moderate-tier regulators only.
Licence check: Not independently checked. BrokerBazaar is currently reviewing this broker's information against public records. 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
PSG Securities 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: Shares, ETFs, ETNs, Single-Stock Futures, CFDs, Currency Futures. Platforms: PSG Online stockbroking platform, PSG Wealth Online. Account types: Share Trading Account, Tax-Free Savings Account.
Best-for tags assigned by our team: Local Markets, Global Shares, Wealth Management.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is No minimum investment amount for the standard PSG Securities local share-trading account.. Spreads start from N/A — exchange-traded secu… and commission is Local shares: Sliding-scale br…. Maximum leverage is Available via single-stock…, 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: Bank Transfer, Debit Order. Withdrawal methods: Bank Transfer.
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.
Client-money rules follow the regulator of the entity that holds your account: FSCA: Client funds should be held separately from company funds. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: compliance@psg.co.za. Phone: 0860 774 774. Complaints can be submitted to PSG Securities in accordance with its complaints procedure. PSG documentation states that complaints are handled under the PSG Wealth Management Complaints Resolution Procedure. For formal complaints, supporting documentation should be provided; the Compliance Officer acknowledges complaints in writing and provides the contact details of the person responsible for resolving the matter.
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: FSP 42996 named explicitly in an official FSCA FAIS notice
- Strength: Listed as a JSE equities member
- Strength: Access to JSE plus more than 30 international exchanges
- Strength: Equity-backed lending available through Scriptfin
- Strength: Part of a well-known South African financial services group
- Limitation: The FSCA notice confirming the FSP number dates from 2020, so current status should be re-checked
- Limitation: Leveraged products carry substantially higher risk
- Limitation: Platform is aimed at investors already in the PSG ecosystem
- Limitation: No universal minimum deposit is publicly confirmed
- Limitation: Fee schedule varies by account and market
Who this broker suits, and who it does not
PSG Securities is most relevant to traders looking for: Local Markets, Global Shares, Wealth Management.
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.
PSG Securities 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 PSG Securities yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about PSG Securities
Data sources. Broker submission, the regulator registers linked above, FSCA FAIS Notice 95 of 2020 explicitly names PSG Securities Ltd with FSP 42996; corroborated by the firm's own licence information document and JSE broker directory listing, web-archive and domain records, and third-party traffic data. Last register check 2026-09-15. External ratings: Google Play Store 2.7/5; Trustpilot N/A/5; Apple App Store 1/5; Hellopeter 1.6/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with PSG Securities. How we make money. Trading leveraged products carries a high risk of loss.