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Efficiency of CFC Online Share Trading platform
Equator
#111 Posted : Tuesday, May 31, 2011 10:56:13 AM
Rank: New-farer

Joined: 5/24/2011
Posts: 18
@Invest0r..I have not had any experience with CFC but Suntra online trading has been a problem. Yesterday whole day it was not working. Today is very slow and transfer of money not possible. Well, I am contemplating trying another broker.
Simplified
#112 Posted : Tuesday, May 31, 2011 11:18:35 AM
Rank: Member

Joined: 11/26/2009
Posts: 67
Location: Pare pare
@lovely & the wazua community
Am posting this because am now stable na pressure imeshuka.

Woke up to a shocker yesterday morning,My portfolio was reflecting what I owned in Mid Feb, Kenol kobil (1,100) Cables (2,100) Kengen (1,200) Those are counters I sold sometime in mid march. I checked my statement just to see kama mambo iko sawa..It was a sigh of relief to see the statement declaring my current portfolio as I knew it.
My statement reported that I picked KK(8,700) again and Access(2,600) in late April which is correct.So what I was expecting to see was Kenol kobil (8,700) and access kenya (2,600) Being the day I wanted to sell Kenol Kobil I thought it was a glitch and went ahead and initiated a sale of 8,700 kenol kobil shares ...shock on me. I got an error "you have a short fall of 7,600) So essentially what it meant is that the data in my portfolio was real..Meaning I could go on and sell the Cables and the Kengen counters which I didn't own.
Followed up the guys at Mombasa on that morning.At 11am they told me its been corrected but Now I had a fresh problem of logging in to activelite,kept geting stuck on the login page.The day passed.

Thankfully leo mambo iko sawa but Brothers and sisters I cant handle that kind of drama again,...nafikiria sana.Am trying to Imagine if kesho I wake up to KCB 10,000 AND KQ 5000 units ...will I make a phonecall or will I trade and cash out?Your guess is as good as mine.
Sad
Hug the bear....ride the bull.....di$mount!!!
Simplified
#113 Posted : Tuesday, May 31, 2011 11:21:24 AM
Rank: Member

Joined: 11/26/2009
Posts: 67
Location: Pare pare
lovely2010 wrote:
Guys, I think I have been talking too well about cfc but actually now they are becoming a pain. I have never understood why they would disconnect my accounts almost all the time and it is annoying coz I have to spend most of my time sorting this issue...Is anyone else experiencing this...?

@lovely & the wazua community
Am posting this because am now stable na pressure imeshuka.

Woke up to a shocker yesterday morning,My portfolio was reflecting what I owned in Mid Feb, Kenol kobil (1,100) Cables (2,100) Kengen (1,200) Those are counters I sold sometime in mid march. I checked my statement just to see kama mambo iko sawa..It was a sigh of relief to see the statement declaring my current portfolio as I knew it.
My statement reported that I picked KK(8,700) again and Access(2,600) in late April which is correct.So what I was expecting to see was Kenol kobil (8,700) and access kenya (2,600) Being the day I wanted to sell Kenol Kobil I thought it was a glitch and went ahead and initiated a sale of 8,700 kenol kobil shares ...shock on me. I got an error "you have a short fall of 7,600) So essentially what it meant is that the data in my portfolio was real..Meaning I could go on and sell the Cables and the Kengen counters which I didn't own.
Followed up the guys at Mombasa on that morning.At 11am they told me its been corrected but Now I had a fresh problem of logging in to activelite,kept geting stuck on the login page.The day passed.

Thankfully leo mambo iko sawa but Brothers and sisters I cant handle that kind of drama again,...nafikiria sana.Am trying to Imagine if kesho I wake up to KCB 10,000 AND KQ 5000 units ...will I make a phonecall or will I trade and cash out?Your guess is as good as mine.
Sad
Hug the bear....ride the bull.....di$mount!!!
QW25071985
#114 Posted : Tuesday, May 31, 2011 11:35:43 AM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Simplified wrote:
@lovely & the wazua community
Am posting this because am now stable na pressure imeshuka.

Woke up to a shocker yesterday morning,My portfolio was reflecting what I owned in Mid Feb, Kenol kobil (1,100) Cables (2,100) Kengen (1,200) Those are counters I sold sometime in mid march. I checked my statement just to see kama mambo iko sawa..It was a sigh of relief to see the statement declaring my current portfolio as I knew it.
My statement reported that I picked KK(8,700) again and Access(2,600) in late April which is correct.So what I was expecting to see was Kenol kobil (8,700) and access kenya (2,600) Being the day I wanted to sell Kenol Kobil I thought it was a glitch and went ahead and initiated a sale of 8,700 kenol kobil shares ...shock on me. I got an error "you have a short fall of 7,600) So essentially what it meant is that the data in my portfolio was real..Meaning I could go on and sell the Cables and the Kengen counters which I didn't own.
Followed up the guys at Mombasa on that morning.At 11am they told me its been corrected but Now I had a fresh problem of logging in to activelite,kept geting stuck on the login page.The day passed.

Thankfully leo mambo iko sawa but Brothers and sisters I cant handle that kind of drama again,...nafikiria sana.Am trying to Imagine if kesho I wake up to KCB 10,000 AND KQ 5000 units ...will I make a phonecall or will I trade and cash out?Your guess is as good as mine.
Sad


thats the sweetest error you can ask for...meaning it cld even be KQ @ 35.00 and Co-Op @ 9.00 ???
lovely2010
#115 Posted : Tuesday, May 31, 2011 1:31:25 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
Mmmhhh....This forum is getting more interesting everyday...wacha niipatie time niikalie vizuri...
dave.kim
#116 Posted : Tuesday, May 31, 2011 1:46:41 PM
Rank: Member

Joined: 6/25/2010
Posts: 176
lovely2010 wrote:
I just wonder if 1% is for everyone...you have to call or send email for details...I wonder why...anyone working @ cfc?

i finally joined the CFC as my stcoks trader. The 1% is not for evryone.deals below 100k is 2.1% n the commissioning goes lower after that
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
Simplified
#117 Posted : Tuesday, May 31, 2011 2:51:26 PM
Rank: Member

Joined: 11/26/2009
Posts: 67
Location: Pare pare
QW25071985 wrote:
[quote=Simplified]
thats the sweetest error you can ask for...meaning it cld even be KQ @ 35.00 and Co-Op @ 9.00 ???

Exactly,with your a/c balance still intact,it could even happen when you are 100% liquid.The guys were telling me ati "there was a data upload error and they are working on it..." Its just that the portfolio they uploaded in error was lower in value than the current one.Otherwise wangejipanga.I would Cash out and open a cds a/c in my nephews name na kazi ingeendelea.
Activelite has been great,but that glitch was too major,it betrayed its vulnerability in a very bad way.
Hug the bear....ride the bull.....di$mount!!!
invest0r
#118 Posted : Tuesday, May 31, 2011 3:09:49 PM
Rank: Member

Joined: 12/15/2010
Posts: 162
dave.kim wrote:
lovely2010 wrote:
I just wonder if 1% is for everyone...you have to call or send email for details...I wonder why...anyone working @ cfc?

i finally joined the CFC as my stcoks trader. The 1% is not for evryone.deals below 100k is 2.1% n the commissioning goes lower after that


Its in the fine prints:

trades above 100k: 1% + 0.34% statutory charges

trades below 100k: 1.5% + 0.34% statutory charges
invest0r
#119 Posted : Tuesday, May 31, 2011 3:19:10 PM
Rank: Member

Joined: 12/15/2010
Posts: 162
And the offer is officially ending today. Haven't heard of any official communication of the 'rumored' extension so we are back to the normal
youcan'tstopusnow
#120 Posted : Tuesday, May 31, 2011 6:07:59 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
invest0r wrote:
dave.kim wrote:
lovely2010 wrote:
I just wonder if 1% is for everyone...you have to call or send email for details...I wonder why...anyone working @ cfc?

i finally joined the CFC as my stcoks trader. The 1% is not for evryone.deals below 100k is 2.1% n the commissioning goes lower after that


Its in the fine prints:

trades above 100k: 1% + 0.34% statutory charges

trades below 100k: 1.5% + 0.34% statutory charges

Thanks lovely! I was about to ask for the breakdown. CFC should just go ahead and hire yousmile Unawafanyia kazi mingi.
Anyway, regardless of their few shortcomings, wamepioneer a new product. They are way ahead of the game, if we are to believe the Wazuan who was talking about Suntra.
Their system maybe needs just a few tweaks
GOD BLESS YOUR LIFE
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