Setting Up My SatrixNOW Account FAQs

How Do I Register for a SatrixNOW Account? 

Setting up your SatrixNOW account is a simple online process. Visit our website and complete the registration by providing your details as prompted.

Why is My Email Address or Telephone Number Not Being Accepted During Registration?

Ensure there are no spaces before or after your email address. For telephone numbers, do not include your country's dialling code.

Do I Need a Tax Number to Open an Account?

No, a tax number is not mandatory. If you don't have one, deselect the tick box and specify the reason (e.g., student status) in the provided field.

Do I Have to Upload Documents During Registration?

For individuals over 18 years old, document uploads are not required initially. Sometimes, automated checks may prompt us to request specific documents, but we'll inform you if needed. Visit SatrixNOW FICA Documents FAQs now.

Why Do You Need My Bank Account Details?

Providing your bank account details allows us to facilitate your recurring investments and withdrawals seamlessly.

I Completed My Registration, but My Account isn't Verified Yet. What Should I Do?

If your account verification is pending, it might be due to unsuccessful automated checks. If your account is not verified after 24 hours of completing your registration, please log a support ticket so we can assist you.

What is the Significance of Identifying as a DPIP or FPPO During Registration?

Identifying as a Domestic Prominent Influential Person (DPIP) or a Foreign Prominent Public Official (FPPO) helps us assess your annual 'Source of Funds Value' for regulatory purposes.

What is SatrixNOW and What Services Does it Provide?

SatrixNOW is the Satrix investment platform which enables you to invest in Exchange Traded Funds (ETFs) and unit trusts without minimum deposits required.

Satrix aims to reduce trading costs, offer an intuitive platform, and allow fractional share ownership. When you register you automatically receive a standard investment account and a Tax Free Savings Account (TFSA).

You will also have the option to activate retirement products.

Does SatrixNOW or Satrix Offer Investment Advice or Recommendations?

Satrix does not provide investment advice or recommendations.

While educational tools are available, we do not advise on transaction suitability. Please visit our website for further insights and information about our funds.

Is There a Risk Associated with Investments Made Through SatrixNOW?

All investments tend to fluctuate in value and, the securities on SatrixNOW are no different. In rare instances, investments may even lose all their value.

It's important to be aware of the potential risks involved in investing. Ensure you have read the Minimum Disclosure Document (MDD) for any fund before investing to ensure you understand its risk profile (All Satrix funds have an MDD available, you can access these on each fund page on our website).

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