Fees

Coins

 Membership Fees

2025 Fees
Membership Category2025 Fee (incl. VAT)
Individual Members
Associate StockbrokerR 7 182.00
Affiliate StockbrokerR 7 182.00
Certified Financial Markets PractitionerR 7 182.00
Retired StockbrokerR 2 874.00
Student MemberR 274.00

FMP Learnership Fees

Item2025 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

Item2024 Fee (incl. VAT)
CPD Providers
CPD Provider ApplicationR 5 953.00
CPD Provider Annual RenewalR 4 167.00
CPD Programme ApprovalR 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 registrationR 1 191.00
SAIS member course registration-

*Corporate Member Discounts

  1. Corporate members will receive the first 10 events for free as providers.
  2. Corporate members will receive a discount on the provider application and programme fee.
  3. Corporate members will receive a 10% discount per course for the first 10 non-members.

 

Professional Stockbroker Exams

Professional Stockbroker Exams2025 Fee (incl. VAT)
Finance ExamR 7 813.00
Investment Advice & Portfolio Management (IAPM) ExamR 7 813.00
Legislation ExamR 7 813.00
Rules Part 1 ExamR 7 813.00
Rules Part 2 ExamR 7 813.00
Taxation in Financial Markets ExamR 7 813.00

Kindly note that applications for examinations in Semester 2 will open on the 2nd of June 2025

Exemptions

Exemptions2025 Fee (incl. VAT)
Application for exemption from the Finance ExamR 1 874.00
Application for exemption from the IAPM ExamR 1 874.00

FINANCIAL MARKETS PROFESSIONAL REGULATORY RECOGNITION EXAMS

Financial Markets Professional Regulatory Recognition Exams2025 Fee (incl. VAT)
Equities Compliance OfficerR 5 000.00
Equities Clearing and Settlement OfficerR 5 000.00
Equities TraderR 5 000.00
Derivatives Compliance OfficerR 5 000.00
Derivatives TraderR 5 000.00
IRC* Compliance OfficerR 5 000.00
IRC* Clearing and Settlement OfficerR 5 000.00
IRC* TraderR 5 000.00
IAPM** (Equities, Derivatives & IRC)R 5 000.00
IAPM** EquitiesR 5 000.00
IAPM** DerivativesR 5 000.00
IAPM** IRCR 5 000.00