Don't Fall for EasyEquities' New Thrive Fee: How to Avoid It

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As you might have heard, EasyEquities has just announced that they are no longer a free to use platform and that they will be implementing a new R25 per month fee for all easyequities users that do not meet a certain criteria.

In an email sent out this Tuesday, titled “Thrive to remain free”. The easyequities team, explained.. very poorly… how their Thrive program was going to help people save fees. Only 27 lines further in the email do they announce that they are introducing the “Thrive Fee”, where they told us that there will now be a R25 monthly cost to the EasyEquities platform, and that you can only avoid it by adhering to certain rules they have implemented in the thrive program. And if you don’t meet those levels, then you have to pay the monthly fee.

So in this video we’re going to break down exactly what this thrive fee is, why people are so upset about it, what my thoughts are on the situation and because it now seems to be a reality, what tips and tricks you can use to get ahead of this thrive program so that you don’t have to pay the new fee. And lastly, the COO of EasyEquities replied to my email, and we’ll go through his response here.

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