2026 Fees

Membership Fees

Individual Members 2026 Fees including VAT
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
Candidate Stockbroker
R 288.00

FMP EISA Fees

Workplace Provider 2026 Fees including VAT
Workplace provider application fee
R 8 551.00
Workplace provider re-accreditation fee
R 5 551.00
Learner 2026 Fees including VAT
EISA Exam Fee (per learner)
R 8 323.00

CPD Fees

CPD Providers 2026 Fees including VAT
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
R 1 063.00
Corporate 2026 Fees including VAT
CPD Programme Approval *Corporate Member, After first 10 applications
R 586.00
CPD Programme Approval *Corporate Member per day, Multiple days, After first 10 applications
R 470.00
*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.

SAIS CPD Courses

Non-Member 2026 Fees including VAT
Non-member course registration
R 1 191.00
SAIS non-member course registration
R 1 251.00

Professional Stockbroker Examinations Fees

Finance Exam

R 8 450.00

IPAM Exam (Investment Advice & Portfolio Management)

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

2026 Fees including VAT.
Kindly note that applications for examinations in Semester 1 will open on 12 January 2026.

Exemptions

Applications 2026 Fees including VAT
Finance Exam Exemption (Application)
R 1 968.00
IAPM Exam Exemption (Application)
R 1 968.00