If u r abroad,u will be disappointed. Their trading is tedious and expensive so I went back to my broker who has online order placement n statements.

1.EB has no online platform for stock orders - u have to download order form fill n fax or scan and email. Valid for only 3 days. If unsuccessful with ur order - repeat process.

2.Bank account not linked to ur share account - each time u do 1 above,they transfer funds for the share purchase and charge u ksh 50 for the transfer. if after 3 days,ur order is unfulfilled - which is common,u have to start all over again and pay ksh 50 each trial.

3. when successful,u pay a transaction fee of ksh 300 plus the usual 2.1 or 1.8% commissions.

Its ironic,their process is tedious and pre-dot.com,more inconvenient and costs more. So am back to my broker with onilne trades and statements. But u an see why equity makes a lot of money.

U can try them n judge for urself.




When buying shares,ask yourself,would you buy the whole company?

I use drummond investment bank - no major probies with them since the kengen refund debacle.

u can place orders online or per email. u must have anr bank account or do cash deposits at their bank,coz equity online allows internet banking only between equity bank accounts.

dont know anything about DB except that when i tried opening an account with them it was like trying to get a passport from nyayo hse - didnt have the time.

Caveat
in this era of cowbow brokers - here 2day,gone 2morrow - this is not an endorsement of drummond. do ur own due diligence,ukipoteza pesa usiseme ni mimi.

When buying shares,ask yourself,would you buy the whole company?

I use drummond. Their counter service can be rated as good but their online service is pathetic. The weblink is always broken.

If you send e-mails to their representatives they normal retrieve your e-mail from the JUNK BOX!

Try this link now to see for yourself - http://www.drummond.co.ke/ or http://www.francisdrummond.co.ke/

Good luck. Would you try them?


Shillingi Yangu

I don't know about Equity I only know that CBA online `stress free banking` is down!!!
More like `stressful banking'!

ili iwe funzo...

I have used NIC Capital (formally,Solid Investment Securities) for very,very,many years....and have had no problem. E-mail orders are executed promptly...but you must have the cash in your stocks account.

If you have an account with NIC bank (which I don't),you can easily transfer funds to your stocks account using the bank's online service. But as I said,I don't have a bank account at NIC so I don't know how efficient the process is

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)