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I need a new broker
sparkly
#51 Posted : Monday, July 19, 2010 2:54:50 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
youcan'tstopusnow wrote:
sparkly wrote:
sheep wrote:
D&B ni m*fi kabisa....those sloths cost me a fortune

these days am a satisfied customer of cfc. Never visit their offices coz i trade online and they are accessible by phone. I also get stock research, reports and i have access to mystocks TA tools like MACD, RSI etc.

Do you pay for all that ama its just the normal commisions when buying and selling?

if you have an account with cfc register here: http://msp.csfs.co.ke/ for the reports and research you call them and ask to be added to the mailing list. Susan will sort you out. Its free, just normal commissions. You can however subscribe for premium membership for more tools.
Life is short. Live passionately.
kenmac
#52 Posted : Monday, July 19, 2010 5:19:26 PM
Rank: Elder

Joined: 5/26/2009
Posts: 1,793
[quote=sparkly]
if you have an account with cfc register here: http://msp.csfs.co.ke/ for the reports and research you call them and ask to be added to the mailing list.
that was helpful. thank you
......Ecclesiastes
jerry
#53 Posted : Saturday, July 24, 2010 7:19:39 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
I've finally managed to sell my shares at D&B and I'll be picking my cheque on monday. At DnB u sometimes think u r on the Death Bed!
The opposite of courage is not cowardice, it's conformity.
youcan'tstopusnow
#54 Posted : Saturday, July 24, 2010 8:48:01 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
jerry wrote:
I've finally managed to sell my shares at D&B and I'll be picking my cheque on monday. At DnB u sometimes think u r on the Death Bed!

Don't bet on them delaying your cheque.
GOD BLESS YOUR LIFE
youcan'tstopusnow
#55 Posted : Saturday, July 24, 2010 8:50:40 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Did I hear someone say that the minimum opening balances for new accounts at AA is now 2 million? Sad Damn! That's even higher than the 50K someone was mentioning for DnB
GOD BLESS YOUR LIFE
mBiaLoss
#56 Posted : Sunday, July 25, 2010 2:27:42 AM
Rank: New-farer

Joined: 6/23/2010
Posts: 52
Location: Majuu
jerry wrote:
@mozenrat. 2million to open acc at AA u said. Some should go to genghis capital, kingdom securities or any other with service that give u a smile. Genghis have excellent online service and for Kingdom u can use coop branches which have a good spread! Let's not make this mistake of all crowding at cfc. It might affect the good service in the long run.


What is that AA, some of us are quite new around and we may not know all the abreviations. Atleast not yet.
I tried to open an account with CFC but eti I have to go to their office in person to do that. Cant do it online because of their company policy! Let me find something...They have a nice online trading platform from what I hear, but one cant open the account online? I opened an account to trade at the NYSE, and am in the process of opening one at the LSE and JSE without going there but cant open one online in Kenya? I guess for now I will stick with D&B though they suck until am able to come to Kenya to open the account.
But I think Kenya is being left behind if they want a Kenyan in the Diaspora to spend $3000 to fly to NBI to open an account instead of just using that money to invest and because they charge some 1.8% in commission...They essentially make that money...
As an investor I behave like a tick, patiently waiting on grass and larch onto the first cow that shows up. As an investor I dont behave like a tick...I jump off the the cow as soon as am fully engorged before it dies...
rymoh
#57 Posted : Sunday, July 25, 2010 7:22:26 PM
Rank: New-farer

Joined: 7/21/2010
Posts: 5
mBiaLoss wrote:
jerry wrote:
@mozenrat. 2million to open acc at AA u said. Some should go to genghis capital, kingdom securities or any other with service that give u a smile. Genghis have excellent online service and for Kingdom u can use coop branches which have a good spread! Let's not make this mistake of all crowding at cfc. It might affect the good service in the long run.


What is that AA, some of us are quite new around and we may not know all the abreviations. Atleast not yet.
I tried to open an account with CFC but eti I have to go to their office in person to do that. Cant do it online because of their company policy! Let me find something...They have a nice online trading platform from what I hear, but one cant open the account online? I opened an account to trade at the NYSE, and am in the process of opening one at the LSE and JSE without going there but cant open one online in Kenya? I guess for now I will stick with D&B though they suck until am able to come to Kenya to open the account.
But I think Kenya is being left behind if they want a Kenyan in the Diaspora to spend $3000 to fly to NBI to open an account instead of just using that money to invest and because they charge some 1.8% in commission...They essentially make that money...


I feel you Man I also tried opening an account with CFC and i was told to avail myself yet I am in the Diaspora. hope this will change soon.
tkzee
#58 Posted : Sunday, July 25, 2010 8:42:17 PM
Rank: Member

Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
@rymoh,@mBialoss-its possible!i helped someone in a similar position.I requested for the account opening forms to be sent thro' e-mail,once filled they were scanned and sent back with the relevant documemts.You should talk with the customer care person or send someone to their office.
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
jguru
#59 Posted : Monday, July 26, 2010 9:58:47 AM
Rank: Veteran

Joined: 10/25/2007
Posts: 1,574
mBiaLoss wrote:
jerry wrote:
@mozenrat. 2million to open acc at AA u said. Some should go to genghis capital, kingdom securities or any other with service that give u a smile. Genghis have excellent online service and for Kingdom u can use coop branches which have a good spread! Let's not make this mistake of all crowding at cfc. It might affect the good service in the long run.


What is that AA, some of us are quite new around and we may not know all the abreviations. Atleast not yet.


AA stands for African Alliance.
Set out to correct the world's wrongs and you will most certainly wind up adding to them.
mozenrat
#60 Posted : Monday, July 26, 2010 10:33:30 AM
Rank: Veteran

Joined: 5/18/2008
Posts: 796
youcan'tstopusnow wrote:
Did I hear someone say that the minimum opening balances for new accounts at AA is now 2 million? Sad Damn! That's even higher than the 50K someone was mentioning for DnB


Yep.. Its 2 million... It used to be that much but they'd reduced to zero during the crisis when everyone was looking for clients.. I guess things are looking up and they're back to their snobbish premium clients only ways.. Old clients are not affected - hata kama una shares za 100 bob. NIC is now asking for minimum 100K.

Apologies for the use of the abbreviation.. its African Alliance..

I should also mention that there's a nominal fee of 200 whenever you're moving shares between brokers..
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