LS
Leonard S

1 reviews | Active since Jan 2026

29 Sept 2026, 12:21

Great OST platform — disastrous move to SHYFT.

I have been a customer of Standard Bank Online Share Trading (OST) for many years and always found the platform efficient, reliable, and well‑supported. Unfortunately, the transition to SHYFT has been extremely disappointing.

The migration was poorly planned and the platform has not operated effectively since the change. Communication has been inadequate — *** and ***, and very limited guidance for existing OST clients. Cash withdrawals now take several days and incur fees, whereas OST processed withdrawals within hours and paid interest on cash balances. SHYFT also lacks essential features such as a daily profit‑and‑loss report, which is critical for active traders.

Given the decline in service quality and functionality, I am now considering moving my trading account to another platform.

1
Replies (1)
shyft
shyft's reply29 Sept 2026, 13:41
Official

Dear Leonard

Thank you for bringing this matter to our attention. We are sorry to hear about your experience and appreciate you taking the time to share your feedback. We have noted your concerns around the migration and will engage with the relevant team to investigate further. A member of our support team will contact you directly to assist.

Kind regards,
Standard Bank Shyft, Hello Peter Team