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I need to change my broker
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ji
#1 Posted : Saturday, July 04, 2009 9:03:00 AM
Rank: Member


Joined: 7/7/2006
Posts: 51
Has anyone out there been successful in migrating from the troubled brokers?
I need to transfer from DSL to another broker preferably one that is associated with a stable commercial bank.

'I never see what has been done; I only see what remains to be done.'
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jerry
#2 Posted : Saturday, July 04, 2009 8:08:00 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
There is no limit to how many brokers you can have on same CDSC acc! You could be asking whether anyone has had his/her shares/bonds transferred from DSL. I still have my KCB shares at DSL.

Hotels will always serve the fruits/vegs of the season. In stocks,ur duty as a trader is to identify the HOTshare of the season.
The opposite of courage is not cowardice, it's conformity.
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simonkabz
#3 Posted : Sunday, July 05, 2009 7:01:00 AM
Rank: Elder


Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
Yeah,u can use several brokers. I recomend equity,u can always trade in any branch in the country. However,no online service.

The only reason why some people are still alive is coz its illegal to shoot them!!
TULIA.........UFUNZWE!
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jammo
#4 Posted : Sunday, July 05, 2009 8:04:00 AM
Rank: Member


Joined: 2/12/2008
Posts: 345
Open an account with a different broker..continue with ur investing as transfer from discount goes on.

..if it is not expressly prohibited in law.. DO IT!!!!
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festom
#5 Posted : Monday, July 06, 2009 6:11:00 AM
Rank: Member


Joined: 8/15/2008
Posts: 84
Hi Brother,
I moved my shares from DSL on 23rd of June 09,to a new broker. Go for your transfer papers now and start enjoying life again.

Don't sit and wait - look for the next opportunity
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gogeta
#6 Posted : Monday, July 06, 2009 6:56:00 AM
Rank: Member


Joined: 10/17/2008
Posts: 338
Location: Kenya
ExperieNce haS taught me thaT deaLing with Banks is The BeSt as comPared to Brokers who ApparenTly haVe turNed out to Be disaPpinting. CFCstanbic whiCh haS its Financial Services sepaRate from otheR funCtions of the Bank is very reliaBle.have beeN theRe foR sometiMe now witH no reGrets.


Wisdom brightens a man's face and changes its hard appearance.Eccle 8:1
Think the unthinkable but wear a dark suit
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SUSU
#7 Posted : Monday, July 06, 2009 11:36:00 AM
Rank: Member


Joined: 11/14/2006
Posts: 64
Location: Far East
@gogeta

Please... just type in a normal way...

@ALL

Can anyone tell me how long it takes to trf shares from an account to another? I submitted my dox with a broker & paid the fees to trf my shares to my bros' acnt (Both of us r with the same broker) it's now almost 5Months and nothing has happened!!! Is this normal???
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ji
#8 Posted : Monday, July 06, 2009 12:01:00 PM
Rank: Member


Joined: 7/7/2006
Posts: 51
@festom,
Thanks for that,so what was the procedure,fees etc?

'I never see what has been done; I only see what remains to be done.'
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festom
#9 Posted : Monday, July 06, 2009 12:37:00 PM
Rank: Member


Joined: 8/15/2008
Posts: 84
@Ji,
I paid ksh200 at CFC financial as the tranfer fee. I was told that it should take two wks for me to start trading.

Brothers and sisters,
take note that another 3 brokers may be on their way down

http://www.businessdaily...6/-/55qg55/-/index.html

Don't sit and wait - look for the next opportunity
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Rochs
#10 Posted : Tuesday, July 07, 2009 7:34:00 AM
Rank: Member


Joined: 10/17/2006
Posts: 6
anyone have an experience with Sterling investment bank?
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