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SBG Securities iTrader
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Mart_Consult
#1 Posted : Tuesday, July 15, 2014 4:25:17 PM
Rank: Member

Joined: 11/7/2013
Posts: 127
Location: Nairobi, Kenya
Just got off the line with a Cutomer Care Exec. at SBG concerning the iTrader platform...and either one of two things...

...them South Africans train Marketing like no-one's business and almost every pitch achieves conversion or two...

What I have just been told sounds like gold...and I am about to get me some gold (use of iTrader platform)...the efficiency, the simplicity, the timeliness, the security...almost comparable to Forex trading platforms...

Just before I rush in though, wisdom prevailed on me to enquire from fellow knowlegeable Wazuans on the actual platform...who has used it and how efficient is it? How does it compare to the previous CFC Stanbic online platform?

Your highly respected insight would be valuable!
I went into the (Ferry) industry knowing the same thing I knew with all other businesses I went into- Nothing. Then I built it from there. - Sheldon Adelson (Titans at the Table- Giants of Macau)
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Sober
#2 Posted : Tuesday, July 15, 2014 4:34:57 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
I was there and was told i have to migrate and join CFC Stanbic brokerage, initially thought any CDSC account could be mounted onto it.
It sounds like doing the actual management of the account remotely, very efficient for people who do their own research and trade at the bourse.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Othelo
#3 Posted : Tuesday, July 15, 2014 4:35:48 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
And does one pay for using the platform?
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Mart_Consult
#4 Posted : Tuesday, July 15, 2014 5:37:17 PM
Rank: Member

Joined: 11/7/2013
Posts: 127
Location: Nairobi, Kenya
...@Othelo...it's a free value-adding service to their clients hence it makes sense to require you to open a CDS account with them @Sober (marketing strategy, looking to prop up their commission) ...thank you...
I went into the (Ferry) industry knowing the same thing I knew with all other businesses I went into- Nothing. Then I built it from there. - Sheldon Adelson (Titans at the Table- Giants of Macau)
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stocksmaster
#5 Posted : Tuesday, July 15, 2014 5:51:46 PM
Rank: Member

Joined: 9/26/2006
Posts: 463
Location: CENTRAL PROVINCE
Mart_Consult wrote:
Just got off the line with a Cutomer Care Exec. at SBG concerning the iTrader platform...and either one of two things...

...them South Africans train Marketing like no-one's business and almost every pitch achieves conversion or two...

What I have just been told sounds like gold...and I am about to get me some gold (use of iTrader platform)...the efficiency, the simplicity, the timeliness, the security...almost comparable to Forex trading platforms...

Just before I rush in though, wisdom prevailed on me to enquire from fellow knowlegeable Wazuans on the actual platform...who has used it and how efficient is it? How does it compare to the previous CFC Stanbic online platform?

Your highly respected insight would be valuable!


Have used the CFC (now SBG) Online Share Trading platform for over 1 year. I only visited the offices once when I was opening the account. The rest (eg shares buying, selling, account top-up or account payment requisitions) are efficiently and effectively conducted online. Buying and selling shares is real time, funds are available immediately you sell shares and payment requisitions (transfering funds from SBG to individual account) is same day if you are a CFC Stanbic account holder or within 24 hrs if banking with other banks.

They do not charge those monthly charges introduced by other stock brokers.

They are extremely efficient and respond immediately you email them concerning any issue. I highly recommend them.

Happy hunting.
x handle: @stocksmaster79
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nashx
#6 Posted : Tuesday, July 15, 2014 6:20:49 PM
Rank: Member

Joined: 2/28/2014
Posts: 188
Location: Nairobi
I second the above....best platform I have interacted with so far
Offering my personal finance knowledge for free
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Consulting_EAT
#7 Posted : Tuesday, July 15, 2014 6:36:33 PM
Rank: New-farer

Joined: 7/1/2014
Posts: 12
Mart_Consult wrote:
Just got off the line with a Cutomer Care Exec. at SBG concerning the iTrader platform...and either one of two things...

...them South Africans train Marketing like no-one's business and almost every pitch achieves conversion or two...

What I have just been told sounds like gold...and I am about to get me some gold (use of iTrader platform)...the efficiency, the simplicity, the timeliness, the security...almost comparable to Forex trading platforms...

Just before I rush in though, wisdom prevailed on me to enquire from fellow knowlegeable Wazuans on the actual platform...who has used it and how efficient is it? How does it compare to the previous CFC Stanbic online platform?

Your highly respected insight would be valuable!


It is the same system with a different name and some system upgrades. Btw itrader works on my galaxy tablet (and i presume on other smartphones).
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bird_man
#8 Posted : Tuesday, July 15, 2014 7:01:52 PM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
Very good, been using their iTrader for over 1.5yrs. I trade often and last time I was at SBG was in 2012 when I opened by CDS account with them.
You only need to have a CFC Stanbic bank branch near you in case you need cash deposits for share purchases.The rest is online.
Formally employed people often live their employers' dream & forget about their own.
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Aguytrying
#9 Posted : Tuesday, July 15, 2014 7:07:28 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
no other broker comes close to their services, efficiency and reponse time. as @stocksmaster has pointed out
The investor's chief problem - and even his worst enemy - is likely to be himself
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icecube
#10 Posted : Tuesday, July 15, 2014 7:15:09 PM
Rank: Member

Joined: 1/2/2008
Posts: 268
Location: Nairobi
And I was there today and was told you can even top up your account from Mpesa pay bill.
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