Fees
| 2025 Fees | |
|---|---|
| Membership Category | 2025 Fee (incl. VAT) |
| Individual Members | |
| Associate Stockbroker | R 7 182.00 |
| Affiliate Stockbroker | R 7 182.00 |
| Certified Financial Markets Practitioner | R 7 182.00 |
| Retired Stockbroker | R 2 874.00 |
| Student Member | R 274.00 |
| ITEM | 2025 Fee (incl. VAT) |
|---|---|
| Workplace Provider | |
| Workplace provider application fee this is a once off fee for the workplace (employer) |
R 8 144.00 |
| Workplace provider monitoring fee annual fee |
R 5 248.00 |
| Learner | |
| EISA exam fee per learner |
R 7 622.00 |
| ITEM | 2024 Fee (incl. VAT) |
|---|---|
| CPD Providers | |
| CPD Provider Application | R 5 953.00 |
| CPD Provider Annual Renewal | R 4 167.00 |
| CPD Programme Approval | R 1 191.00 |
| CPD Programme Approval - multiple days per day |
R 1 012.00 |
| *Corporate Member: CPD Programme Approval (after first 10 applications) | R 558.00 |
| *Corporate Member: CPD Programme Approval - multiple days per day (after first 10 applications) |
R 448.00 |
| SAIS CPD Courses | |
| Non-member course registration | R 1 191.00 |
| SAIS member course registration | - |
*Corporate Member Discounts
- Corporate members will receive the first 10 events for free as providers.
- Corporate members will receive a discount on the provider application and programme fee.
- Corporate members will receive a 10% discount per course for the first 10 non-members.
| PROFESSIONAL STOCKBROKER EXAMS | 2025 Fee (incl. VAT) |
|---|---|
| Finance Exam | R 7 813.00 |
| Investment Advice & Portfolio Management (IAPM) Exam | R 7 813.00 |
| Legislation Exam | R 7 813.00 |
| Rules Part 1 Exam | R 7 813.00 |
| Rules Part 2 Exam | R 7 813.00 |
| Taxation in Financial Markets Exam | R 7 813.00 |
Kindly note that applications for examinations will open on the 13th of January 2025
| Exemptions |
|
|---|---|
| Application for exemption from the Finance Exam | R 1 874.00 |
| Application for exemption from the IAPM Exam | R 1 874.00 |
| FINANCIAL MARKETS PROFESSIONAL REGULATORY RECOGNITION EXAMS | 2025 Fee (incl. VAT) |
|---|---|
| Equities Compliance Officer | R 5 000.00 |
| Equities Clearing and Settlement Officer | R 5 000.00 |
| Equities Trader | R 5 000.00 |
| Derivatives Compliance Officer | R 5 000.00 |
| Derivatives Trader | R 5 000.00 |
| IRC* Compliance Officer | R 5 000.00 |
| IRC* Clearing and Settlement Officer | R 5 000.00 |
| IRC* Trader | R 5 000.00 |
| IAPM** (Equities, Derivatives & IRC) | R 5 000.00 |
| IAPM** Equities | R 5 000.00 |
| IAPM** Derivatives | R5 000.00 |
| IAPM** IRC | R5 000.00 |
|
* IRC: Interest Rates and Currency ** IAPM: Investment Advice and Portfolio Management |
| CORPORATE MEMBERSHIP |
|---|
Unlock exclusive benefits and shape the future of the financial markets by signing up for a Corporate Membership with the SAIS. Our tailored memberships ensure both top-tier and smaller brokers can participate equally, fostering a more inclusive financial ecosystem.
Influence Regulatory Change: Corporate members gain privileged access to SAIS comment papers submitted to regulators. This unique opportunity allows your organization to actively participate in shaping the financial markets landscape for the benefit of all participants and the public.
Leadership Opportunities: Secure a voice on the SAIS Council with reserved seats for Corporate Members (limited number of Corporate Member seats). Follow our standard governance procedures to take up these influential positions and drive industry advancements.
Professional Development Perks: Enjoy a set number of CPD Activity approvals, with preferential rates for additional approvals once the initial quota is met. Corporate Members also receive significant discounts on most SAIS training programs.
Join SAIS Corporate Membership today to influence South African financial markets and access premium benefits.
Email sais@sais.co.za for more information and start making a difference.