they outperform. Stockbroker accounts are also the most tax efficient, allowing investors to avoid capital gains tax and dividends tax.
Because of the restrictions, most brokers offer the same range of ETFS. Our assessment therefore considers price, awareness, ease of opening an account and client views.
Clients’ assessments of their broker’s TFSA product was the main determinant of the rankings. They rated their brokers on costs, the range of products in which they could invest, ease of opening an account and overall quality of the TFSA offering.
First place goes to Easyequities, which is strong on costs and received overwhelmingly positive ratings from clients. Rand Swiss is second, with Standard Bank Ost/stockbroking third.
Easyequities, Standard Bank Ost/stockbroking and others have