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CFC Financial sending people to agents
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_Advisory
#61 Posted : Wednesday, May 02, 2012 8:13:24 AM
Rank: New-farer

Joined: 4/24/2012
Posts: 12
This is the issue..CFC is doing away with Individual Retail Clients,they are only maintaining only Corporate Accounts. Its rather unfair to individual clients since you are directed to two agencies. Rumour has it that this agencies has connection with some CFC's top level managers. I mean how many of this "review of our business model" casualties will they be channelled to this accounts just by the fact of insinuating. I guess its just business as usual at the expense of the customer.
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chemos
#62 Posted : Thursday, May 03, 2012 10:00:26 AM
Rank: Elder

Joined: 11/28/2006
Posts: 1,799
This manugus are just amazing..

On activelite when you try make any order its rejected by the system ati because the trader has not logged in..
Has anyone else experienced this??
Market was open kitambo na huyu trader bado analala tu... NKT...
ama they are trying to force our hands to go with the agents...
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Mastermind
#63 Posted : Thursday, May 03, 2012 4:40:43 PM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
Location: Langley
Has any of you tried Nic Securities??
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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QW25091985
#64 Posted : Thursday, May 03, 2012 4:52:27 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Mastermind wrote:
Has any of you tried Nic Securities??



finding a broker is no biggie . asin no big issue . even you local bank can be taking your buy and sell orders and it ends there. what you need is added value to help you make better trading/investing decisions through periodic market analysis and and stock recommendations most brokers DONOT have that .
If you are looking for a broker who will offer you more . Find us here
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QW25091985
#65 Posted : Thursday, May 03, 2012 4:54:49 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
kwani nyinyi watu mumefungwa kamba kama ngombe cfc ?
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Mastermind
#66 Posted : Thursday, May 03, 2012 4:56:15 PM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
Location: Langley
QW25091985 wrote:
Mastermind wrote:
Has any of you tried Nic Securities??



finding a broker is no biggie . asin no big issue . even you local bank can be taking your buy and sell orders and it ends there. what you need is added value to help you make better trading/investing decisions and most brokers DONOT have that .
If you are looking for a broker who will offer you more . Find us here


They don't have a branch in Mombasa though.Anyway the grass might not be greener on the other side. How about sticking with Cfc??
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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youcan'tstopusnow
#67 Posted : Thursday, May 03, 2012 5:11:05 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Jamani, the proceeds of your sale can be distributed via EFT
GOD BLESS YOUR LIFE
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Jamani
#68 Posted : Thursday, May 03, 2012 7:26:38 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
youcan'tstopusnow wrote:
Jamani, the proceeds of your sale can be distributed via EFT



can be what if they opt to disable or rather change the rules to the effect that EFT will only be done through one of the agents hence you are arm twisted to register......
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Jamani
#69 Posted : Thursday, May 03, 2012 7:35:07 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
@ youcan'tstopusnow as stated in post #61 if it is true that these agents have connections with management then be sure EFT will be through the agents, kwani wata kula nini? lazima ufinywe kwa agents upende usi pende
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youcan'tstopusnow
#70 Posted : Thursday, May 03, 2012 9:38:44 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Jamani wrote:
@ youcan'tstopusnow as stated in post #61 if it is true that these agents have connections with management then be sure EFT will be through the agents, kwani wata kula nini? lazima ufinywe kwa agents upende usi pende


I inquired as to how one can receive the proceeds without registering with the agents. That was the reply...

By the way, all my 'eggs' are not with CFC. I only joined to sample the online trading experience which has been less than pleasing so far with the system unavailable more often than not. Once this thing settles, I am likely to transfer the shares I have with them to my other broker.
GOD BLESS YOUR LIFE
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