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Efficiency of CFC Online Share Trading platform
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Gordon Gekko
#21 Posted : Tuesday, April 19, 2011 8:27:30 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
holycow wrote:



http://www.keepandshare.com/doc...-2011-11-01-am-183k?da=y
http://www.keepandshare.com/doc...-2011-11-01-am-301k?da=y

I'm not tech savvy.


@holycow, youve just exposed what you do all day:

wazua - 2 screens open, cfc - 1 screen, rich - 2 screens, gmail - 1 screen.

Do you work????d'oh! Sad
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jawz1
#22 Posted : Friday, April 22, 2011 7:28:10 AM
Rank: Member

Joined: 8/4/2008
Posts: 205
Location: Nairobi
CFC Financial has just reduced the trading commission to 1% and introduced next day settlement after sale of shares, both effective immediately. Already enjoying the reduced commission, can anyone attest to the next day settlement process?
"When the pupil is ready to learn, a teacher will appear." -- Zen proverb
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erifloss
#23 Posted : Friday, April 22, 2011 7:43:24 AM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
jawz1 wrote:
CFC Financial has just reduced the trading commission to 1% and introduced next day settlement after sale of shares, both effective immediately. Already enjoying the reduced commission, can anyone attest to the next day settlement process?

Link?
'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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jawz1
#24 Posted : Friday, April 22, 2011 8:50:08 AM
Rank: Member

Joined: 8/4/2008
Posts: 205
Location: Nairobi
erifloss wrote:
jawz1 wrote:
CFC Financial has just reduced the trading commission to 1% and introduced next day settlement after sale of shares, both effective immediately. Already enjoying the reduced commission, can anyone attest to the next day settlement process?

Link?

CFC 1% trading commision
CFC Next day settlement
"When the pupil is ready to learn, a teacher will appear." -- Zen proverb
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jawz1
#25 Posted : Friday, April 22, 2011 8:57:51 AM
Rank: Member

Joined: 8/4/2008
Posts: 205
Location: Nairobi
jawz1 wrote:
erifloss wrote:
jawz1 wrote:
CFC Financial has just reduced the trading commission to 1% and introduced next day settlement after sale of shares, both effective immediately. Already enjoying the reduced commission, can anyone attest to the next day settlement process?

Link?

CFC 1% trading commision
CFC Next day settlement

@Erifloss I hope the links provided work; didn't know how else to place pdf files unless posting them to your email smile
"When the pupil is ready to learn, a teacher will appear." -- Zen proverb
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sparkly
#26 Posted : Friday, April 22, 2011 9:19:33 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
That password issue. They require a complex password to be changed ever so often. I trade once every 2 months so lose track of last password
Life is short. Live passionately.
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Gordon Gekko
#27 Posted : Friday, April 22, 2011 9:22:14 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
I use cfc, what I know is that when I sell a stock, the cash will reflect in my account immediately after the sale, and be available to make a purchase with. As for getting the cash, Ive never requested for it immediately after the sale, but I assume that if it is available to trade with immediately after a sale, it is likewise available for withdrawal.
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lovely2010
#28 Posted : Friday, April 22, 2011 9:49:49 AM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
jawz1 wrote:
CFC Financial has just reduced the trading commission to 1% and introduced next day settlement after sale of shares, both effective immediately. Already enjoying the reduced commission, can anyone attest to the next day settlement process?


Im sorry but sikuelewi. You mean it will be effective next trading session ama what exactly are you talking about?
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jawz1
#29 Posted : Friday, April 22, 2011 9:56:19 AM
Rank: Member

Joined: 8/4/2008
Posts: 205
Location: Nairobi
lovely2010 wrote:

Im sorry but sikuelewi. You mean it will be effective next trading session ama what exactly are you talking about?

Basically, you get your money after sale of shares the next day instead of standard 5 day settlement wait period after sale, similar to what Equity does I believe. Other brokers make you wait 5 days after sale before you get the cheque drawn.
"When the pupil is ready to learn, a teacher will appear." -- Zen proverb
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lovely2010
#30 Posted : Friday, April 22, 2011 10:04:26 AM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
jawz1 wrote:
lovely2010 wrote:

Im sorry but sikuelewi. You mean it will be effective next trading session ama what exactly are you talking about?

Basically, you get your money after sale of shares the next day instead of standard 5 day settlement wait period after sale, similar to what Equity does I believe. Other brokers make you wait 5 days after sale before you get the cheque drawn.


What about the commission. coz i know its 1.9% How did you arrive to 1%?
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