Fees
Download 2026 Fees PDF
Membership Fees
| 2026 Fees | |
|---|---|
| Membership Category | 2026 Fee (incl. VAT) |
| Individual Members | |
| Associate Stockbroker | R 7 541.00 |
| Affiliate Stockbroker | R 7 541.00 |
| Certified Financial Markets Practitioner | R 7 541.00 |
| Retired Stockbroker | R 3 018.00 |
| Student Member | R 288.00 |
FMP Learnership Fees
| Item | 2026 Fee (incl. VAT) |
|---|---|
| Workplace Provider | |
| Workplace provider application fee This is a once-off fee for the workplace (employer) | R 8 551.00 |
| Workplace provider monitoring fee Annual fee | R 5 551.00 |
| Learner | |
| EISA exam fee Per learner | R 8 323.00 |
CPD Fees
| Item | 2026 Fee (incl. VAT) |
|---|---|
| CPD Providers | |
| CPD Provider Application | R 6 251.00 |
| CPD Provider Annual Renewal | R 4 375.00 |
| CPD Programme Approval | R 1 251.00 |
| CPD Programme Approval – multiple days Per day | R 1 063.00 |
| *Corporate Member: CPD Programme Approval After first 10 applications | R 586.00 |
| *Corporate Member: CPD Programme Approval – multiple days Per day (after first 10 applications) | R 470.00 |
| SAIS CPD Courses | |
| Non-member course registration | R 1 191.00 |
| SAIS non-member course registration | R 1 251.00 |
*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
| Professional Stockbroker Exams | 2026 Fee (incl. VAT) |
|---|---|
| Finance Exam | R 8 450.00 |
| Investment Advice & Portfolio Management (IAPM) Exam | R 8 450.00 |
| Legislation Exam | R 8 450.00 |
| Rules Part 1 Exam | R 8 450.00 |
| Rules Part 2 Exam | R 8 450.00 |
| Taxation in Financial Markets Exam | R 8 450.00 |
Kindly note that applications for examinations in Semester 1 will open on 12 January 2026.
Exemptions
| Exemptions | 2026 Fee (incl. VAT) |
|---|---|
| Application for exemption from the Finance Exam | R 1 968.00 |
| Application for exemption from the IAPM Exam | R 1 968.00 |