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equity bank as broket
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Kingotore
#1 Posted : Sunday, February 23, 2014 1:31:46 PM
Rank: New-farer

Joined: 12/27/2013
Posts: 87
Of late am disappointed with equity bank as my broker. I place order that not executed despite my price be favourable, only to be told the order never reached nairobi due to system, further more refund was a must follow to get it.when l calculate the loss of one such order of 5800 nic share at 58.50 is now 23000/=. Am at the village and when l think of online account they ask hundrend of hundrend of document.what can l do now
GOOD TO GREAT. KINGOTORE
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uchumi
#2 Posted : Sunday, February 23, 2014 1:46:23 PM
Rank: Member

Joined: 9/16/2006
Posts: 234
change to cfc stanbic
“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.”
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mwekez@ji
#3 Posted : Sunday, February 23, 2014 2:22:29 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Kingotore wrote:
Of late am disappointed with equity bank as my broker. I place order that not executed despite my price be favourable, only to be told the order never reached nairobi due to system, further more refund was a must follow to get it.when l calculate the loss of one such order of 5800 nic share at 58.50 is now 23000/=. Am at the village and when l think of online account they ask hundrend of hundrend of document.what can l do now


Simple, get them the KYC documents.
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brizzy
#4 Posted : Sunday, February 23, 2014 2:42:53 PM
Rank: New-farer

Joined: 4/23/2013
Posts: 14
Kingotore wrote:
Of late am disappointed with equity bank as my broker. I place order that not executed despite my price be favourable, only to be told the order never reached nairobi due to system, further more refund was a must follow to get it.when l calculate the loss of one such order of 5800 nic share at 58.50 is now 23000/=. Am at the village and when l think of online account they ask hundrend of hundrend of document.what can l do now


I have the same problem i had placed an order on 13th feb but they executed it on 21st feb almost a week later....
Sad Sad Sad Sad
The closer you look the less you see
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mibbz
#5 Posted : Sunday, February 23, 2014 2:45:29 PM
Rank: Member

Joined: 2/18/2011
Posts: 448
How about Kingdom securities of co-op bank? Co-op has a wide branch network and am sure they can reach you effectively.
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Kingotore
#6 Posted : Sunday, February 23, 2014 4:13:56 PM
Rank: New-farer

Joined: 12/27/2013
Posts: 87
Where can l get Kyc document@mwekezaji
GOOD TO GREAT. KINGOTORE
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sparkly
#7 Posted : Sunday, February 23, 2014 7:03:30 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
brizzy wrote:
Kingotore wrote:
Of late am disappointed with equity bank as my broker. I place order that not executed despite my price be favourable, only to be told the order never reached nairobi due to system, further more refund was a must follow to get it.when l calculate the loss of one such order of 5800 nic share at 58.50 is now 23000/=. Am at the village and when l think of online account they ask hundrend of hundrend of document.what can l do now


I have the same problem i had placed an order on 13th feb but they executed it on 21st feb almost a week later....
Sad Sad Sad Sad




Get a broker with an online trading system and do your trades real time.
Life is short. Live passionately.
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sparkly
#8 Posted : Sunday, February 23, 2014 7:06:48 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Kingotore wrote:
Where can l get Kyc document@mwekezaji


KYC =Know Your Customer, documents like ID copy, Bank Statement, utility bill etc
Life is short. Live passionately.
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Kingotore
#9 Posted : Sunday, February 23, 2014 7:55:37 PM
Rank: New-farer

Joined: 12/27/2013
Posts: 87
I wish to have online but l dont have any bill paid bearing my name. Or there is one broker who use bank statement instead.
GOOD TO GREAT. KINGOTORE
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jawgey
#10 Posted : Monday, February 24, 2014 10:02:46 AM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
brizzy wrote:
Kingotore wrote:
Of late am disappointed with equity bank as my broker. I place order that not executed despite my price be favourable, only to be told the order never reached nairobi due to system, further more refund was a must follow to get it.when l calculate the loss of one such order of 5800 nic share at 58.50 is now 23000/=. Am at the village and when l think of online account they ask hundrend of hundrend of document.what can l do now


I have the same problem i had placed an order on 13th feb but they executed it on 21st feb almost a week later....
Sad Sad Sad Sad


Same problem here. esp with refunds. Am sure they still owe me a huge sum coz they dont even tell you the purchase price. gotta dump this broker asap!!
Seeing is believing
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