1 reviews | Active since Feb 2017
Execution of Trades at a spread of 18.91% !!!
The execution of the platform trades is really shocking. You see, Easy Equities get people to invest in their product because they advertise low fees and simplicity. Let me explain how they make money: You sell your share on the platform. The price of the share is currently 37cents. You enter that you want to sell R200 worth of shares. Excellent. After the sale, you look at your funds that are available, and it is only R161.50?? how can this be? OH THE PRICE THEY SOLD THE SHARE AT, IS ONLY 30CENTS!!!!
so for the average JOE to understand this, the difference between the buying and the selling price is where EASY EQUITIES is making SOOOOOOO MUCH money!
Their traders are not getting good spreads for clients!!! so it is really insufficient and you will pay a hell of a lot of money to a company that does not execute at the price that you put your trade in!
Rather go to a stock broker where the execution is better! you might pay slightly more, but in the long run, you will save!
I AM DONE AND DUSTED WITH EASY EQUITIES!!!!
THANK YOU VERY MUCH!!!!!
