Economy
How to Invest in US Stocks in South Africa: A Comprehensive Guide From TU Experts
Reputable brokers in South Africa offer profitable and straightforward services for investing in stocks, including U.S. stocks. Traders Union experts provide the answers on how to buy shares in South Africa and highlight the best brokers for successful investing in the country.
Investment in US stocks from South Africa
TU analysts point out that South African citizens have two options for investing in U.S. stocks: using either a local stock broker or an international stock broker. International brokers provide expanded access to global markets and a diverse selection of assets, but may not be locally regulated and may have higher transaction costs. On the other hand, local brokers offer specialized services for the local market, but have limited access to international markets and investment options. Investors should consider the pros and cons of each type of broker based on their individual needs and preferences. So how to invest in US stocks in South Africa?
What is the best investment amount for me?
Starting with just 965.53 South African Rand (approximately $50), investors can buy 1-2 cheap shares in South Africa. Statistics from Finder.com reveal that 20% of South Africans invest less than R8,500, while 5% invest between R8,500 and R35,001, 2% between R35,001 and R70,000, and 6% invest over R70,000. Some experts suggest a minimum of R5000 ZAR for a successful investment, but the actual minimum varies depending on the chosen broker.
Purchasing more shares is cost-effective, with brokers recommending lots of 50 or 100 shares for ease of accumulation and tracking. Alternatively, analysts at Traders Union say that investors can consider broad market index ETFs as a low-cost option to invest in the South African stock market.
South Africa’s best brokers for buying US stocks
TU analysts emphasize that to succeed in investing in U.S. stocks in South Africa, choosing the right stockbroker is crucial.
- RoboForex: Offers a wide range of products and services, including copy trading through CopyFX, with a minimum deposit of $100. They provide access to over 12,000 stocks, indices, and ETFs across six platforms.
- IC Markets: Ideal for active traders in South Africa, offering access to over 10,000 securities, including large-cap stock CFDs with fast execution on major stock exchanges. They provide high leverage, low spreads, and multiple trading platforms.
- Exness: Known for copy trading stocks, Exness is a large and trustworthy international Forex broker, offering low spreads and a range of trading accounts with variable spreads.
Selecting the right broker can significantly impact your investment journey and potential returns.
What is the best way to start trading stocks in South Africa?
Investing in U.S. stocks in South Africa can be both simple and daunting. To get started, you need to open an account with either a local or international broker, depending on the stocks you want to purchase. Here are some quick tips from Experts at Traders Union:
- Understand the stock market’s definition and workings.
- Learn how to trade shares and choose a trustworthy broker.
- Request access to price information for the stocks you want to trade.
- Build a diversified trading plan and analyze the market.
- Select a share or top ETF to trade, considering risks, charges, and available stocks.
- Complete the registration process for your chosen broker to open a share trading account.
- Look for stock trading opportunities and manage your positions carefully.
- When choosing an international broker, check fees, available currency pairs, and assets.
- Remember that buying stock abroad requires selling it there, with different commissions and fees for international trades involving U.S. stocks.
Conclusion
Investing in U.S. stocks in South Africa is made accessible by reputable brokers offering straightforward services. TU experts provided valuable information on buying shares in South Africa and highlighted the best brokers for successful investing.
By Adedapo Adesanya
The federal government has imposed an immediate nationwide ban on the export of wood and allied products, revoking all previously issued licenses and permits to exporters.
The announcement was made on Wednesday by the Minister of Environment, Mr Balarabe Lawal, during the 18th meeting of the National Council on Environment in Katsina State.
Mr Lawal said the directive, outlined in the Presidential Executive Order titled Presidential Executive Order on the Prohibition of Exportation of Wood and Allied Products, 2025, became necessary to curb illegal logging and deforestation across the country.
“Nigeria’s forests are central to environmental sustainability, providing clean air and water, supporting livelihoods, conserving biodiversity, and mitigating the effects of climate change,” the Minister said, warning that the continued exportation of wood threatens these benefits and the long-term health of the environment.
The order, published in the Extraordinary Federal Republic of Nigeria Official Gazette No. 180, Vol. 112 of 16 October 2025, relies on Sections 17(2) and 20 of the 1999 Constitution (as amended), which empower the state to protect the environment, forests, and wildlife and prevent the exploitation of natural resources for private gain.
Under the new policy, security agencies and relevant ministries are expected to enforce a total clampdown on illegal logging activities nationwide.
On his part, the Katsina State Deputy Governor, Mr Faruk Lawal Jobe highlighted the state’s history of pioneering socio-economic policies that have influenced national policy. He emphasized the importance of collaboration in addressing environmental challenges across the country.
“Environmental sustainability is critical to achieving growth and improving the quality of life of our people,” he said. “Our administration has prioritised initiatives aimed at combating desertification and promoting afforestation.”
The ban reflects the government’s commitment to safeguarding Nigeria’s shrinking forest cover and addressing climate change, while ensuring sustainable use of natural resources for future generations.
By Adedapo Adesanya
The NASD Over-the-Counter (OTC) Securities Exchange rose by 0.24 per cent on Wednesday, December 17, pulling the Unlisted Security Index (NSI) up by 8.62 points to 3,614.64 points from 3,606.02 points.
In the same vein, the market capitalisation added N4.72 billion to close at N2.164 billion compared with the N2.160 trillion it ended on Tuesday.
The growth was inspired by four securities, which finished on the gainers’ log, neutralising the losses printed by two other securities on the trading platform.
MRS Oil Plc gained N17.90 on Wednesday to end at N196.90 per unit versus N179.00 per unit, NASD Plc appreciated by 59 Kobo to N58.50 per share from N57.91 per share, FrieslandCampina Wamco Nigeria Plc added 15 Kobo to sell at N60.19 per unit versus N60.04 per unit, and Industrial and General Insurance (IGI) Plc rose by 6 Kobo to 64 Kobo per share from 58 Kobo per share.
On the flip side, Golden Capital Plc extended its loss by 76 Kobo to end at N7.75 per unit versus N8.51 per unit, and Central Securities Clearing System (CSCS) Plc slipped by 35 Kobo to N39.65 per share from N40.00 per share.
Yesterday, the volume of transactions increased by 737.3 per cent to 20.4 million units from 2.4 million units, but the value of trades fell by 33.8 per cent to N72.2 million from N109.1 million, and the number of deals slid by 62.5 per cent to 21 deals from 56 deals.
Infrastructure Credit Guarantee Company (InfraCredit) Plc remained the most traded stock by value on a year-to-date basis with 5.8 billion units sold for N16.4 billion, the second position was occupied by Okitipupa Plc with 178.9 million units transacted for N9.5 billion, and the third place was taken by MRS Oil Plc with 36.1 million units worth N4.9 billion.
InfraCredit Plc was also the most traded stock by volume on a year-to-date basis with 5.8 billion units traded for N16.4 billion, followed by IGI Plc with 1.2 billion units valued at N420.7 million, and Impresit Bakolori Plc with 536.9 million units worth N524.9 million.
By Dipo Olowookere
A 0.26 per cent growth was achieved by the Nigerian Exchange (NGX) Limited on Wednesday on the back of sustained bargain-hunting by investors.
This happened despite a pocket of profit-taking, with industrial goods losing 0.63 per cent and the energy index shedding 0.05 per cent.
But the insurance space increased by 2.02 per cent, the banking counter appreciated by 1.48 per cent, the commodity sector improved by 0.48 per cent, and the consumer goods segment rose by 0.03 per cent.
Consequently, the All-Share Index (ASI) went up by 383.71 points to 149,842.82 points from 149,459.11 points and the market capitalisation jumped by N244 billion to N95.525 trillion from N95.281 trillion.
The market breadth index remained positive after the bourse finished with 38 price gainers and 23 price losers, indicating a strong investor sentiment.
The quartet of First Holdco, Lasaco Assurance, Veritas Kapital, and Prestige Assurance gained 10.00 per cent to quote at N39.60, N2.75, N1.76, and N1.65, respectively, while Mecure Industries grew by 9.92 per cent to N50.40.
Conversely, Living Trust Mortgage Bank lost 10.00 per cent to close at N3.15, International Energy Insurance dropped 9.92 per cent to trade at N2.27, McNichols shrank by 6.90 per cent to N2.97, Omatek decreased by 6.84 per cent to N1.09, and Chams dipped by 6.41 per cent to N2.92.
The activity level witnessed a significant surge at midweek, with Ecobank trading 5.3 billion units for N168.7 billion.
Further, First Holdco sold 108.2 million units worth N4.2 billion, Sterling Holdings exchanged 87.3 million units valued at N606.2 million, FCMB transacted 74.3 million units worth N783.6 million, and Access Holdings sold 41.5 million units for N841.4 million.
At the close of trades, market participants traded 5.9 billion units valued at N216.2 billion in 25,205 deals compared with the 1.0 billion units worth N21.8 billion traded in 23,701 deals a day earlier, showing a rise in the trading volume, value, and number of deals by 490.00 per cent, 891.74 per cent, and 6.35 per cent, respectively.
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