Online trading growth in South Africa – Here are the latest trends

“We are proud of the traction that Clarity has gained since its launch to Investec Private Banking clients in 2023,” says Tinus Rautenbach, Business Head of Clarity.

“The platform has attracted a diverse demographic and range of ages – from those in their 20s to those in their 70s.”

• Click here to learn more about Clarity, by Investec.

Offering access to over 750 instruments across local and offshore markets including shares, ETFs, and indices in North America, Canada, and Europe – Clarity is well-positioned to provide insight into the latest online trading trends.

We unpack the most interesting of these, below.

Business as usual – almost

Despite initial chaos caused by a trade war initiated by the US, markets have largely stabilised, with major indices returning to pre-trade-war levels.

Clarity’s data indicates that investors who adopted a buy-and-hold strategy during the volatility have emerged successfully.

At the same time, during market volatility, investors still benefited from the platform’s risk mitigation tools, which helped protect them from extreme losses.

Trading must be affordable

Clarity has received positive feedback for its lack of monthly account fees, instead embedding a spread of up to 0.2% into trades.

This model allows investors to enjoy tangible value without administrative fees. Additionally, the platform allows investments from as low as R25, making it accessible to a wider audience.

The demand for affordable and accessible trading and investing opportunities is evident among South African clients.

Diverse options

 Recognising the demand for a variety of investment options, Clarity plans to introduce Investec Structured Products and a more comprehensive list of savings options.

This expansion aims to transform Clarity into a fully-fledged trading, saving and investment platform.

The platform is also committed to enhancing user experience through updates to its web and mobile interfaces, as user experience is a critical factor for South African investors.

Overall, Clarity, by Investec is positioned to meet the evolving needs of South African investors by providing a robust trading platform that emphasises affordability, accessibility, and a diverse range of investment options.

The platform’s focus on user experience and risk mitigation tools further enhances its appeal in the competitive online trading landscape.

Click here to learn more about Clarity, by Investec.

Issued on BusinessTech by their Partner Content - Presented by Clarity , by Investec | https://businesstech.co.za/news/industry-news/825776/online-trading-growth-in-south-africa-here-are-the-latest-trends/