Clients follow the instructions and enter their orders on the website at any time for execution when the JSE is open. Theron notes that the private client is often discouraged by the high basic charges payable at some firms. It also acts as broker with regard to investments in unit trusts at a third of the usual commission, offshore funds, life insurance and more - hence a broader based broking operation than just stockbroking. MST Online has introduced three niche portfolios. The White Knuckle fund is wrapped in an endowment product through Incentive Life, a newly licensed life assurer run by former Norwich Life man Chris van der Walt.
Investments mature after five years and are tax free.