The world's biggest names.
Now in smaller pieces.

Apple, Nvidia, Tesla and more. Trade 60+ global tokenised stocks and ETFs directly in rand.

Invest in all your favourite stocks & ETFs

Hold

Your tokenised stocks, ETFs and crypto, together in one platform.

Trade

No offshore account, no forex. Get exposure to 60+ global tokenised stocks and ETFs.

Settle

Trade 24 hours a day, 5 days a week. No waiting for a stock exchange to open.

Invest

No need to buy a whole share. Get exposure to Nvidia, Apple, or the S&P 500 from just R20.

Hold

Your tokenised stocks, ETFs and crypto, together in one platform.

Trade

No offshore account, no forex. Get exposure to 60+ global tokenised stocks and ETFs.

Settle

Trade 24 hours a day, 5 days a week. No waiting for a stock exchange to open.

Invest

No need to buy a whole share. Get exposure to Nvidia, Apple, or the S&P 500 from just R20.

Settled instantly

No waiting for trades to clear.

Dividends auto-reinvested.

Dividends go straight back into your position.

No brokerage account.

No separate trading account needed.

Admin-free access to U.S. Markets

The usual way

xStocks on Luno

FX fees & admin

Minimum & fractions

Settlement

Trading hours

Dividends

FX fees + conversion

Whole shares, high minimums

T+1, funds locked

US hours only

Manual, paid in dollars

None, buy directly in rand

Any fraction, from R20

Instant

24/5

Auto-reinvested

Comparison based on typical experiences for South African investors. Traditional methods vary by provider.

FX fees & admin

The usual way

FX fees + conversion

xStocks on Luno

None, buy directly in rand

Minimum & fractions

The usual way

Whole shares, high minimums

xStocks on Luno

Any fraction, from R20

Settlement

The usual way

T+1, funds locked

xStocks on Luno

Instant

Trading hours

The usual way

US hours only

xStocks on Luno

24/5

Dividends

The usual way

Manual, paid in dollars

xStocks on Luno

Auto-reinvested

Build your portfolio

Buy fractional shares in US stocks, ETFs and commodities in rand, from R20.

Stocks

ETFs

All assets

Frequently asked questions

What are tokenised stocks?

Tokenised stocks are blockchain-based tokens that track the value of real company shares, like Apple or Tesla. The underlying shares are held in regulated custody by Backed Finance (now part of Kraken). You get exposure to global companies without a traditional brokerage account.

Who can buy tokenised stocks on Luno?

Tokenised stocks are currently available to customers verified in South Africa and Nigeria, using the Luno web platform or app version 8.88.0 or above.

How do I buy US stocks from South Africa?

You can buy US stocks and ETFs directly in rand on Luno, from just R20, as fractional tokenised stocks. There is no offshore account, no currency conversion and no traditional broker. You get exposure to companies like Apple, Nvidia and Tesla, and trade 24/5 with instant settlement.

What's the minimum I can invest in South Africa?

You can start from as little as R20. Because you are buying fractional tokens, there is no need to pay the full price of a share. The maximum per single transaction is approximately R180,000, which is subject to change and may vary per asset.

How is this different from traditional stock trading?

Traditionally, South Africans investing in US companies have to open offshore accounts, convert rand to dollars, pay forex fees and wait for US market hours. With tokenised stocks you trade directly in rand, 24/5, from R20, with instant settlement. No forex, no offshore accounts.

What are the fees?

You pay a 1% trade cost per transaction. There are no additional account fees or currency conversion charges.

How are dividends handled?

Any dividends are automatically reinvested into the same asset, compounding your position over time.

Do I own the underlying shares?

No. You own an xStock token that tracks the value of the underlying share. The actual shares are held in regulated custody by Backed Finance (now part of Kraken). Luno holds your tokens on your behalf within the platform.

Can I transfer my tokenised stocks to other exchanges?

Not currently. Tokenised stocks on Luno are only tradable within the Luno platform and cannot be transferred on-chain to external wallets or other exchanges.

How will I be taxed?

We recommend consulting a licensed professional for any tax or financial advice. You can download your transaction history as a CSV from your Luno wallet. How to download your wallet statement.

Are tokenised stocks safe and regulated in South Africa?

Luno is an FSCA-regulated financial services provider (FSP No. 53314). The underlying assets are held by regulated custodians, the issuer (Backed) is a regulated entity, and Luno publishes regular Proof of Reserves.

What are tokenised stocks?

Tokenised stocks are blockchain-based tokens that track the value of real company shares, like Apple or Tesla. The underlying shares are held in regulated custody by Backed Finance (now part of Kraken). You get exposure to global companies without a traditional brokerage account.

Who can buy tokenised stocks on Luno?

Tokenised stocks are currently available to customers verified in South Africa and Nigeria, using the Luno web platform or app version 8.88.0 or above.

How do I buy US stocks from South Africa?

You can buy US stocks and ETFs directly in rand on Luno, from just R20, as fractional tokenised stocks. There is no offshore account, no currency conversion and no traditional broker. You get exposure to companies like Apple, Nvidia and Tesla, and trade 24/5 with instant settlement.

What's the minimum I can invest in South Africa?

You can start from as little as R20. Because you are buying fractional tokens, there is no need to pay the full price of a share. The maximum per single transaction is approximately R180,000, which is subject to change and may vary per asset.

How is this different from traditional stock trading?

Traditionally, South Africans investing in US companies have to open offshore accounts, convert rand to dollars, pay forex fees and wait for US market hours. With tokenised stocks you trade directly in rand, 24/5, from R20, with instant settlement. No forex, no offshore accounts.

What are the fees?

You pay a 1% trade cost per transaction. There are no additional account fees or currency conversion charges.

How are dividends handled?

Any dividends are automatically reinvested into the same asset, compounding your position over time.

Do I own the underlying shares?

No. You own an xStock token that tracks the value of the underlying share. The actual shares are held in regulated custody by Backed Finance (now part of Kraken). Luno holds your tokens on your behalf within the platform.

Can I transfer my tokenised stocks to other exchanges?

Not currently. Tokenised stocks on Luno are only tradable within the Luno platform and cannot be transferred on-chain to external wallets or other exchanges.

How will I be taxed?

We recommend consulting a licensed professional for any tax or financial advice. You can download your transaction history as a CSV from your Luno wallet. How to download your wallet statement.

Are tokenised stocks safe and regulated in South Africa?

Luno is an FSCA-regulated financial services provider (FSP No. 53314). The underlying assets are held by regulated custodians, the issuer (Backed) is a regulated entity, and Luno publishes regular Proof of Reserves.

What are tokenised stocks?

Tokenised stocks are blockchain-based tokens that track the value of real company shares, like Apple or Tesla. The underlying shares are held in regulated custody by Backed Finance (now part of Kraken). You get exposure to global companies without a traditional brokerage account.

Who can buy tokenised stocks on Luno?

Tokenised stocks are currently available to customers verified in South Africa and Nigeria, using the Luno web platform or app version 8.88.0 or above.

How do I buy US stocks from South Africa?

You can buy US stocks and ETFs directly in rand on Luno, from just R20, as fractional tokenised stocks. There is no offshore account, no currency conversion and no traditional broker. You get exposure to companies like Apple, Nvidia and Tesla, and trade 24/5 with instant settlement.

What's the minimum I can invest in South Africa?

You can start from as little as R20. Because you are buying fractional tokens, there is no need to pay the full price of a share. The maximum per single transaction is approximately R180,000, which is subject to change and may vary per asset.

How is this different from traditional stock trading?

Traditionally, South Africans investing in US companies have to open offshore accounts, convert rand to dollars, pay forex fees and wait for US market hours. With tokenised stocks you trade directly in rand, 24/5, from R20, with instant settlement. No forex, no offshore accounts.

What are the fees?

You pay a 1% trade cost per transaction. There are no additional account fees or currency conversion charges.

How are dividends handled?

Any dividends are automatically reinvested into the same asset, compounding your position over time.

Do I own the underlying shares?

No. You own an xStock token that tracks the value of the underlying share. The actual shares are held in regulated custody by Backed Finance (now part of Kraken). Luno holds your tokens on your behalf within the platform.

Can I transfer my tokenised stocks to other exchanges?

Not currently. Tokenised stocks on Luno are only tradable within the Luno platform and cannot be transferred on-chain to external wallets or other exchanges.

How will I be taxed?

We recommend consulting a licensed professional for any tax or financial advice. You can download your transaction history as a CSV from your Luno wallet. How to download your wallet statement.

Are tokenised stocks safe and regulated in South Africa?

Luno is an FSCA-regulated financial services provider (FSP No. 53314). The underlying assets are held by regulated custodians, the issuer (Backed) is a regulated entity, and Luno publishes regular Proof of Reserves.

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