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Efficiency of CFC Online Share Trading platform
Rank: Elder Joined: 5/27/2008 Posts: 3,760
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@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????  
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Rank: Member Joined: 8/4/2008 Posts: 205 Location: Nairobi
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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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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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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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Rank: Member Joined: 8/4/2008 Posts: 205 Location: Nairobi
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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 commisionCFC Next day settlement"When the pupil is ready to learn, a teacher will appear." -- Zen proverb
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Rank: Member Joined: 8/4/2008 Posts: 205 Location: Nairobi
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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 commisionCFC 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  "When the pupil is ready to learn, a teacher will appear." -- Zen proverb
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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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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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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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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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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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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Rank: Member Joined: 8/4/2008 Posts: 205 Location: Nairobi
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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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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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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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Rank: Member Joined: 8/4/2008 Posts: 205 Location: Nairobi
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lovely2010 wrote:
What about the commission. coz i know its 1.9% How did you arrive to 1%?
I didn't calculate, got an email from CFC Financial with information on both; check links posted above and download pdf files or can forward to your email. Cheers "When the pupil is ready to learn, a teacher will appear." -- Zen proverb
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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jawz1 wrote:lovely2010 wrote:
What about the commission. coz i know its 1.9% How did you arrive to 1%?
I didn't calculate, got an email from CFC Financial with information on both; check links posted above and download pdf files or can forward to your email. Cheers mmmhhh...I didn't get the memo!!!!
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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Rank: Hello Joined: 4/22/2011 Posts: 1
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yess I Doo thankss for you!
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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lovely2010 wrote:jawz1 wrote:lovely2010 wrote:
What about the commission. coz i know its 1.9% How did you arrive to 1%?
I didn't calculate, got an email from CFC Financial with information on both; check links posted above and download pdf files or can forward to your email. Cheers mmmhhh...I didn't get the memo!!!! Why do we have to do downloads? should it not be automatic. I mean when they reduced from 2.1 to 1.9 we didn't do any downloads, why is it an issue now?
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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uelewi kwa nini? Muthuthos?
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Rank: Veteran Joined: 3/25/2011 Posts: 946
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bartum wrote:uelewi kwa nini? Muthuthos? @ lovely. huu elewi nini ???? its just sayin cfc financial broker now charge a smaller commision for trading and that some of their clients didnt get the info thats why you can now download those notices from the link above.inaonekana uko keroro. have a keroro-less easter 
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Rank: Member Joined: 10/25/2010 Posts: 519 Location: nairobi
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QW25071985 wrote:bartum wrote:uelewi kwa nini? Muthuthos? @ lovely. huu elewi nini ???? its just sayin cfc financial broker now charge a smaller commision for trading and that some of their clients didnt get the info thats why you can now download those notices from the link above.inaonekana uko keroro. have a keroro-less easter Dont worry. Today is not just my day. I sat with my laptop on for like 15minutes today and I kept asking myself...kwani hii soko inafunguliwa saa ngapi? I checked nellydata, cfc, richlive...cursing them! I thought systems were down. So, kama sielewi kitu leo...understand...but I got it now, thanks.
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Efficiency of CFC Online Share Trading platform
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