>> CFC is ok.



Been trading with them since 2006 and so far so good. They'll reply to E-mails the same day if not immediately.



Cashflow wise i trust they are stable and doesn't have to worry when i hear of a broker with financial problems.

CFC is good, they have their issues sometimes..lakini they're effecient. So either them or African Aliance,all the rest wachana nao..

I wld recommend Cfc Stanbic over D & B anytime of the day. And its getting quite crowded at Cfc Stanbic . I guess people love it.....online trading is the way to go.trooping to the broker just to make a transaction like its 1950 is total non-sense.

Yes you can... I have done so several times.. Fill in some forms (4A and B, I think) and two or three weeks later, your shares are moved.


BTW those of you looking to move to AA should know that minimum opening balances for new accounts is now 2 million.

[quote=sparkly]
if you have an account with cfc register here: http://msp.csfs.co.ke/ for the reports and research you call them and ask to be added to the mailing list.
that was helpful. thank you

Don't bet on them delaying your cheque.

What is that AA, some of us are quite new around and we may not know all the abreviations. Atleast not yet.
I tried to open an account with CFC but eti I have to go to their office in person to do that. Cant do it online because of their company policy! Let me find something...They have a nice online trading platform from what I hear, but one cant open the account online? I opened an account to trade at the NYSE, and am in the process of opening one at the LSE and JSE without going there but cant open one online in Kenya? I guess for now I will stick with D&B though they suck until am able to come to Kenya to open the account.
But I think Kenya is being left behind if they want a Kenyan in the Diaspora to spend $3000 to fly to NBI to open an account instead of just using that money to invest and because they charge some 1.8% in commission...They essentially make that money...

@rymoh,@mBialoss-its possible!i helped someone in a similar position.I requested for the account opening forms to be sent thro' e-mail,once filled they were scanned and sent back with the relevant documemts.You should talk with the customer care person or send someone to their office.

Yep.. Its 2 million... It used to be that much but they'd reduced to zero during the crisis when everyone was looking for clients.. I guess things are looking up and they're back to their snobbish premium clients only ways.. Old clients are not affected - hata kama una shares za 100 bob. NIC is now asking for minimum 100K.

Apologies for the use of the abbreviation.. its African Alliance..

I should also mention that there's a nominal fee of 200 whenever you're moving shares between brokers..