The ZAR account allows you to purchase South African Equities, RISE Bundles, ETFs, ETNs, Unit trusts, Baskets and the EC10 Crypto Bundle. The account can be funded via EFT or credit card payment.
The USD account allows you to purchase Equities, ETFs, ETNs, Baskets, and Bundles from the United States. The Account trades in US Dollars and can be funded via EasyFX, Swift payments, or from an off-shore account.
TFSA is an abbreviation for Tax-Free Savings Account. A Tax-Free Savings Account allows you to invest up to five hundred thousand rands without paying tax on the profit you make, dividends you get, or interest you may earn on funds. You can purchase ETFs, Unit trusts, Baskets consisting of ETFs, and The RISE TFSA Bundles. However, there are certain limitations. You can only invest up to thirty-six thousand rands in this account in a fiscal year (1 March to the end of February). SARS will fine you 40% of the excess if you exceed the thirty-six thousand rand annual and five hundred thousand rand lifetime limitations. A Tax-free savings account allows you to invest up to R36 000 annually with an R500 000 lifetime limit without paying tax on the profit you make, dividends you get, or interest you may earn on funds.
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