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Rate Kingdom Securities
kimanimsc
#61 Posted : Tuesday, September 13, 2016 8:54:58 PM
Rank: Member

Joined: 5/4/2015
Posts: 241
Location: Kahno
Shak wrote:
Impunity wrote:
Shak wrote:
Has anyone tried I and M bank for trading securities? I'm tired of SBG. You have to keep calling to get updates and follow up on orders.


Have you been using their online platform?
To me its good.

SBG site is better but their response to calls/emails is a kin to waiting for milk drop after caressing the tits of a mosquito!

I haven't tried the online platform. They say you have to send scanned orders through email for them to be effected. Then you have to keep calling the specific agent who received the order to inquire on execution. If not you dont get any feedback.It's getting tiring


Online platform better anyday.
- Transaction charges as low as 1.66% in some platforms.
- Take advantage of intraday price movement.
- Less hustle (no filling forms, scanning, sending mails, making calls)
Shak
#62 Posted : Tuesday, September 13, 2016 11:21:59 PM
Rank: Elder

Joined: 2/22/2009
Posts: 2,449
Location: Africa
kimanimsc wrote:
Shak wrote:
Impunity wrote:
Shak wrote:
Has anyone tried I and M bank for trading securities? I'm tired of SBG. You have to keep calling to get updates and follow up on orders.


Have you been using their online platform?
To me its good.

SBG site is better but their response to calls/emails is a kin to waiting for milk drop after caressing the tits of a mosquito!

I haven't tried the online platform. They say you have to send scanned orders through email for them to be effected. Then you have to keep calling the specific agent who received the order to inquire on execution. If not you dont get any feedback.It's getting tiring


Online platform better anyday.
- Transaction charges as low as 1.66% in some platforms.
- Take advantage of intraday price movement.
- Less hustle (no filling forms, scanning, sending mails, making calls)

Tried iTrader but their brokerage fees are exorbitant!
Impunity
#63 Posted : Wednesday, September 14, 2016 12:00:15 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Shak wrote:
Impunity wrote:
Shak wrote:
Has anyone tried I and M bank for trading securities? I'm tired of SBG. You have to keep calling to get updates and follow up on orders.


Have you been using their online platform?
To me its good.

SBG site is better but their response to calls/emails is a kin to waiting for milk drop after caressing the tits of a mosquito!

I haven't tried the online platform. They say you have to send scanned orders through email for them to be effected. Then you have to keep calling the specific agent who received the order to inquire on execution. If not you dont get any feedback.It's getting tiring

I have bought and sold shares on SBG online platform without sending them anything like a scanned order.
Check n try tomorrow.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Impunity
#64 Posted : Wednesday, September 14, 2016 12:03:12 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Shak wrote:
kimanimsc wrote:
Shak wrote:
Impunity wrote:
Shak wrote:
Has anyone tried I and M bank for trading securities? I'm tired of SBG. You have to keep calling to get updates and follow up on orders.


Have you been using their online platform?
To me its good.

SBG site is better but their response to calls/emails is a kin to waiting for milk drop after caressing the tits of a mosquito!

I haven't tried the online platform. They say you have to send scanned orders through email for them to be effected. Then you have to keep calling the specific agent who received the order to inquire on execution. If not you dont get any feedback.It's getting tiring


Online platform better anyday.
- Transaction charges as low as 1.66% in some platforms.
- Take advantage of intraday price movement.
- Less hustle (no filling forms, scanning, sending mails, making calls)

Tried iTrader but their brokerage fees are exorbitant!


Is 2.12% commission high,for orders less than kes.100,000?
Amount above 100,000 it's even less,kit 1.89%(there abour)
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Shak
#65 Posted : Wednesday, September 14, 2016 12:13:43 AM
Rank: Elder

Joined: 2/22/2009
Posts: 2,449
Location: Africa
Impunity wrote:
Shak wrote:
kimanimsc wrote:
Shak wrote:
Impunity wrote:
Shak wrote:
Has anyone tried I and M bank for trading securities? I'm tired of SBG. You have to keep calling to get updates and follow up on orders.


Have you been using their online platform?
To me its good.

SBG site is better but their response to calls/emails is a kin to waiting for milk drop after caressing the tits of a mosquito!

I haven't tried the online platform. They say you have to send scanned orders through email for them to be effected. Then you have to keep calling the specific agent who received the order to inquire on execution. If not you dont get any feedback.It's getting tiring


Online platform better anyday.
- Transaction charges as low as 1.66% in some platforms.
- Take advantage of intraday price movement.
- Less hustle (no filling forms, scanning, sending mails, making calls)

Tried iTrader but their brokerage fees are exorbitant!


Is 2.12% commission high,for orders less than kes.100,000?
Amount above 100,000 it's even less,kit 1.89%(there abour)

@impunity I placed a buy order worth 4000 and they're charging kshs270 brokerage fees. That's way more than 2.12pc
ARAP CHARLES
#66 Posted : Wednesday, September 14, 2016 6:41:03 AM
Rank: Member

Joined: 5/30/2016
Posts: 217
Location: Talai
Shak wrote:
Impunity wrote:
Shak wrote:
kimanimsc wrote:
Shak wrote:
Impunity wrote:
Shak wrote:
Has anyone tried I and M bank for trading securities? I'm tired of SBG. You have to keep calling to get updates and follow up on orders.


Have you been using their online platform?
To me its good.

SBG site is better but their response to calls/emails is a kin to waiting for milk drop after caressing the tits of a mosquito!

I haven't tried the online platform. They say you have to send scanned orders through email for them to be effected. Then you have to keep calling the specific agent who received the order to inquire on execution. If not you dont get any feedback.It's getting tiring


Online platform better anyday.
- Transaction charges as low as 1.66% in some platforms.
- Take advantage of intraday price movement.
- Less hustle (no filling forms, scanning, sending mails, making calls)

Tried iTrader but their brokerage fees are exorbitant!


Is 2.12% commission high,for orders less than kes.100,000?
Amount above 100,000 it's even less,kit 1.89%(there abour)

@impunity I placed a buy order worth 4000 and their charging kshs270 brokerage fees. That's way more than 2.12pc

THIS IS LIKE KSH. 2,120.00 COMPARED YO KSH. 1,890.00 WHICH I ALSO KNOW.. JUST A MOMENT IT SEEMS IAM ALSO OVERCHARGED.
Watch and Listen and Live
Impunity
#67 Posted : Wednesday, September 14, 2016 8:40:45 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Shak wrote:
Impunity wrote:
Shak wrote:
kimanimsc wrote:
Shak wrote:
Impunity wrote:
Shak wrote:
Has anyone tried I and M bank for trading securities? I'm tired of SBG. You have to keep calling to get updates and follow up on orders.


Have you been using their online platform?
To me its good.

SBG site is better but their response to calls/emails is a kin to waiting for milk drop after caressing the tits of a mosquito!

I haven't tried the online platform. They say you have to send scanned orders through email for them to be effected. Then you have to keep calling the specific agent who received the order to inquire on execution. If not you dont get any feedback.It's getting tiring


Online platform better anyday.
- Transaction charges as low as 1.66% in some platforms.
- Take advantage of intraday price movement.
- Less hustle (no filling forms, scanning, sending mails, making calls)

Tried iTrader but their brokerage fees are exorbitant!


Is 2.12% commission high,for orders less than kes.100,000?
Amount above 100,000 it's even less,kit 1.89%(there abour)

@impunity I placed a buy order worth 4000 and they're charging kshs270 brokerage fees. That's way more than 2.12pc


@shak,
Fisrt of all let me laugh at your order worth!
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Now back to the query; you are not charged 270 bob for a 4,000 worth order!
What happens is that they (SBG) set a side some "value amount" to cover up haircut (I dont know what that means), once the order is settled by the CDSE then they will credit back the "value amount to your account.
This amount is usually around 200 bob or thereabout.

So watch out once the order is fully settled then you will realize its 2.12% commission.

I will come back when I get a clear meaning of this value amount and its significance.

Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Lek
#68 Posted : Wednesday, September 14, 2016 9:09:31 AM
Rank: New-farer

Joined: 7/6/2010
Posts: 25
Are things any better at Kingdom Securities? Anyone traded through them of late or through their OST?
Shak
#69 Posted : Wednesday, September 14, 2016 9:28:19 AM
Rank: Elder

Joined: 2/22/2009
Posts: 2,449
Location: Africa
Impunity wrote:
Shak wrote:
Impunity wrote:
Shak wrote:
kimanimsc wrote:
Shak wrote:
Impunity wrote:
Shak wrote:
Has anyone tried I and M bank for trading securities? I'm tired of SBG. You have to keep calling to get updates and follow up on orders.


Have you been using their online platform?
To me its good.

SBG site is better but their response to calls/emails is a kin to waiting for milk drop after caressing the tits of a mosquito!

I haven't tried the online platform. They say you have to send scanned orders through email for them to be effected. Then you have to keep calling the specific agent who received the order to inquire on execution. If not you dont get any feedback.It's getting tiring


Online platform better anyday.
- Transaction charges as low as 1.66% in some platforms.
- Take advantage of intraday price movement.
- Less hustle (no filling forms, scanning, sending mails, making calls)

Tried iTrader but their brokerage fees are exorbitant!


Is 2.12% commission high,for orders less than kes.100,000?
Amount above 100,000 it's even less,kit 1.89%(there abour)

@impunity I placed a buy order worth 4000 and they're charging kshs270 brokerage fees. That's way more than 2.12pc


@shak,
Fisrt of all let me laugh at your order worth!
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Now back to the query; you are not charged 270 bob for a 4,000 worth order!
What happens is that they (SBG) set a side some "value amount" to cover up haircut (I dont know what that means), once the order is settled by the CDSE then they will credit back the "value amount to your account.
This amount is usually around 200 bob or thereabout.

So watch out once the order is fully settled then you will realize its 2.12% commission.

I will come back when I get a clear meaning of this value amount and its significance.


@Impunity. Usidharau pesa. 1 million bob would not be there without the one shilling. I'm proud of my 4000 bob investment. Thanks though for taking the time to answer my queries. Time to research on this "value amount"
Lek
#70 Posted : Wednesday, September 14, 2016 9:42:38 AM
Rank: New-farer

Joined: 7/6/2010
Posts: 25
http://www.theeastafrica...75920-qpriqh/index.html

Do we expect to see day trading as foreign investors get direct market access? What is the future of stock brokers on institutional and foreign investor clients?
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