I was surprised to learn that some members have managed to negotiate discounted brokerage commissions and pay less than the std 2%. How did you manage this? Is it by virtue of working for a broker?

iam charged 1.84% by AA. Any value less than that anywhere or i negotiate.

I believe, the maximum brokerage commission is 1.8% for trades of a value below Kshs 100,000 and 1.5% for trades above Kshs 100,000. The additional levies are for NSE, CDSC, CMA etc.

The exception to this is on odd lots, which used to be a minimum of Kshs 100 regardless of the value of the trade. I am not sure whether this is still the case.

As for the minimum, brokers are liberty to charge whatever they deem to be OK with them. Theoretically, this can even be zero. Obviously you have to trade pretty high values/frequently to get lower than the standard commission rates.

I have 1.56% with my broker but my volume are high.

I believe the rule is MAX 2.1% for below 100k and 1.4% MAX for above 100K, seems most are talking below 100K. BTW Negotiating fro 2.1% to say 1.7% means you negotiate KES 500/- from a KES 99,000/-. Unless you are placing this orders very very frequently, isn't it being kind of stingy?

You can get upto 1% commissions if you negotiate hard and have the frequencies to prove it.
Or register as a broker agent and share the commission with the company if you are trading huge volumes which takes you to paying sub 1% commissions.