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spgizzi
#1 Posted : Tuesday, November 02, 2010 12:08:09 PM
Rank: New-farer


Joined: 8/10/2010
Posts: 14
Location: Nairobi
I have always been curious on how i can conduct online stock trading and make some cash on my free time.Anyone with an insight on this,please help. Thankyou
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Robin hood
#2 Posted : Tuesday, November 02, 2010 12:27:13 PM
Rank: New-farer


Joined: 11/1/2010
Posts: 12
Location: Nairobi
I am also curious on how this works, for the foreigners i think they always do it via e-mail. Anyone in the house who has some info. on this
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the deal
#3 Posted : Tuesday, November 02, 2010 12:39:01 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
I trade online with Cfc Stanbic...just open a cds account with them and you will be able to execute buy/sell orders online...even request for payments.
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lovely2010
#4 Posted : Tuesday, November 02, 2010 12:49:24 PM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
I also trade with cfc online it is the best thing ever. Just open a cds account with them and ask them you want to trade online. More good news, they are soon going to launch a better online trading system whereby youll be able to see the bidding online while ur trading.
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spgizzi
#5 Posted : Tuesday, November 02, 2010 12:54:04 PM
Rank: New-farer


Joined: 8/10/2010
Posts: 14
Location: Nairobi
Thanx alot Lovely 2010 for your reply. Could you please give me some more insight on this cfc online trading thing.
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spgizzi
#6 Posted : Tuesday, November 02, 2010 12:58:35 PM
Rank: New-farer


Joined: 8/10/2010
Posts: 14
Location: Nairobi
Thanx alot Lovely 2010 for your reply. Could you please give me some more insight on this cfc online trading thing.
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mukiha
#7 Posted : Tuesday, November 02, 2010 1:14:09 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
spgizzi wrote:
Thanx alot Lovely 2010 for your reply. Could you please give me some more insight on this cfc online trading thing.

Be specific; what do you want to know?

You can easily contact CFC by email or on phone, can't you?

Surely, you don't want @Lovely to chew the food for you and swallow it for you as well, do you?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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spgizzi
#8 Posted : Tuesday, November 02, 2010 1:22:09 PM
Rank: New-farer


Joined: 8/10/2010
Posts: 14
Location: Nairobi

Be specific; what do you want to know?
You can easily contact CFC by email or on phone, can't you?
Surely, you don't want @Lovely to chew the food for you and swallow it for you as well, do you?[/quote]


Kuwa mpole chief,okay lemmie break it down,lovely said he/she is doing it already,i jus wanted to know the formalities and what i need to start trading online..#help out now..[quote]
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lovely2010
#9 Posted : Tuesday, November 02, 2010 1:25:12 PM
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Joined: 10/25/2010
Posts: 519
Location: nairobi
Well, it is very simple. As soon as you open a cds account with cfc open the website cfcfs.co.ke click to access your trading account but since you are new you register yourself whereby you'll be given a password via email which you may choose to change later. Login in and you access the online trading platform where you can place your orders,access your account, view portofolio valuation and you wont have to visit them anymore. For money you deposit at cfc bank but to your cds account. Note there are no charges.
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lovely2010
#10 Posted : Tuesday, November 02, 2010 1:29:52 PM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
by the way, to save your time, carry original and copies of bank statement or payslip, utility bill or draw a map of where you live, pin number slip, passport photos, id or passport, I think thats about it
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kyukkamba
#11 Posted : Tuesday, November 02, 2010 9:00:55 PM
Rank: Member


Joined: 5/28/2010
Posts: 151
spgizzi wrote:
I have always been curious on how i can conduct online stock trading and make some cash on my free time.Anyone with an insight on this,please help. Thankyou


is it realtime trading that u r lookng for?Then I dont think this is available in Kenya. or u just want to place orders thru online platform? This is available with almost all brokers BUT what benefit does it have anyway? is it not the same as placing orders thru email?

Ni Uhuru wa Mbesha...Niguo kana tiguo?
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qw25041985
#12 Posted : Tuesday, November 02, 2010 9:14:31 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
My guy Kyuks .You want to make real money trading.by the way that kind of trading you are asking for is called day trading.
So you want real money.Making tens of thousands by the hour (atleast i most of the time do).i have five words for you..... F-O-R-E-X


Yes forex trading.
Your future depends on your dreams so go to sleep !
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kyukkamba
#13 Posted : Tuesday, November 02, 2010 9:24:18 PM
Rank: Member


Joined: 5/28/2010
Posts: 151
qw25041985 wrote:
My guy Kyuks .You want to make real money trading.by the way that kind of trading you are asking for is called day trading.
So you want real money.Making tens of thousands by the hour (atleast i most of the time do).i have five words for you..... F-O-R-E-X


Yes forex trading.


I have seen lots of discussion on Forex but never was I interested.just tell me how is it done?and how much r u making in a day?u must b amillionar by now!! I am doing realtime online trading where the whole trade is done and completed and ur account effected in a fraction of a second..hakuna mambo ya kugoja ati 3ndays ..hakunaaa...but i have never made hundreds ret arone the thousands that u r making "by hours"...kijana..just tell us what r u doing exactoly..??
Ni Uhuru wa Mbesha...Niguo kana tiguo?
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erifloss
#14 Posted : Tuesday, November 02, 2010 9:28:51 PM
Rank: Member


Joined: 6/21/2010
Posts: 514
Location: Nairobi
CFC Stanbic. I've tried a couple of brokerage firms and none can beat CFC on efficiency. They dont take time on executing the online orders and when you deposit cash in you account you don't have to rush with the banking slip to them this will autmatically reflect in your investment account. You also have the comfort of when to deposit as some of the branches of CFC Stanbic bank are open till 8pm.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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the deal
#15 Posted : Tuesday, November 02, 2010 9:43:19 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Everybody is singing Cfc Cfc Cfc here i have a bad experience with their online trading system last week i place an order some KQ shares at 43.75 bob then the share collapsed to 42.50 bob i waited in vain for my order to be executed but it was all in vain then share rose to 43.50 i bombaded them with emails only to be told supply now at 44 bob today my order expired this could not have happened if i placed the order in person...it also takes a day for money deposited into your account to be available for trading..my advice u cant avoid going to their office for this online thing u will be screwed.
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qw25041985
#16 Posted : Tuesday, November 02, 2010 10:11:02 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
@kyukkamba . everybody knows there's money in forex.its no hidden secret.I mean if a USD pair moves just 50 pips in less than an hour thats roughly (on a standard a/c )100*10 (per pip)*ksh 80.00 .Thats allot of money for an hours trade.
But donot forget you can also lose as much.I trade forex with ibfx.com.au .The best in the industry.
There are thousand of tutorials online on the basics of forex trading just pass through some.If you arent confident w/ urself try a demo a/c first.

On a side note hako kamama kanaitwa guru kako wapi.ehehe.Nime ka miss kama chapati ya christmas....
Your future depends on your dreams so go to sleep !
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lovely2010
#17 Posted : Tuesday, November 02, 2010 10:17:00 PM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
@the deal. I think you are stressed...take it easy. Come up with a formula and everything will work out smoothly.
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the deal
#18 Posted : Tuesday, November 02, 2010 11:56:21 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
lovely2010 wrote:
@the deal. I think you are stressed...take it easy. Come up with a formula and everything will work out smoothly.


I'm just mad at them for the lost opportunity...how do u trade there? what formula do u use?
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kyt
#19 Posted : Wednesday, November 03, 2010 8:13:14 AM
Rank: Elder


Joined: 11/7/2007
Posts: 2,182
the deal wrote:
Everybody is singing Cfc Cfc Cfc here i have a bad experience with their online trading system last week i place an order some KQ shares at 43.75 bob then the share collapsed to 42.50 bob i waited in vain for my order to be executed but it was all in vain then share rose to 43.50 i bombaded them with emails only to be told supply now at 44 bob today my order expired this could not have happened if i placed the order in person...it also takes a day for money deposited into your account to be available for trading..my advice u cant avoid going to their office for this online thing u will be screwed.


the above happens to me all the at cfc. I wonder why the hype about it!Liar
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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lovely2010
#20 Posted : Monday, November 08, 2010 11:45:16 PM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
I was loading cfcfs and realized they have already started the activelite, which is good, but is it not working? coz I cant open the site...am not ready to go back to emails....
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