
Membership 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 |
FMP Learnership Fees
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 |
CPD Fees
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
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 in Semester 2 will open on the 2nd of June 2025
Exemptions
Exemptions | 2025 Fee (incl. VAT) |
---|---|
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
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 | R 5 000.00 |
IAPM** IRC | R 5 000.00 |