Tuesday, June 18, 2024

List of best Stock Brokers in Kenya

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Nyongesa Sande
Nyongesa Sandehttps://bizmart.africa
Nyongesa Sande is a Kenyan blogger, Pan Africanist,c olumnist Political Activist , blogger, informer & businesman who has interest in politics, governance, corporate fraud, human rights and television personality.

The Nairobi Securities Exchange (NSE) is a leading African Exchange, based in Kenya – one of the fastest-growing economies in Sub-Saharan Africa. List of best Stock Brokers in Kenya. Founded in 1954, NSE has a six decade heritage in listing equity and debt securities. It offers a world class trading facility for local and international investors looking to gain exposure to Kenya and Africa’s economic growth.

NSE demutualized and self-listed in 2014. Its Board and management team are comprised of some of Africa’s leading capital markets professionals, who are focused on innovation, diversification and operational excellence in the Exchange.

NSE is playing a vital role in the growth of Kenya’s economy by encouraging savings and investment, as well as helping local and international companies access cost-effective capital. NSE operates under the jurisdiction of the Capital Markets Authority of Kenya. It is a full member of the World Federation of Exchange, a founder member of the African Securities Exchanges Association (ASEA) and the East African Securities Exchanges Association (EASEA). The NSE is a member of the Association of Futures Market and is a partner exchange in the United Nations-led SSE initiative.

Who is a Stockbroker?

A stockbroker is an individual or a firm that charges a commission or markup to execute buy and sell orders submitted by an investor. 

A stockbroker also provides investment advice to his clients.

To become a registered stockbroker in Kenya, one must have a Capital Markets Authority license (CMA) license.  

The Capital Markets Authority is a statutory body established in 1989 under the Capital Markets Act. 

The authority is tasked with regulating all non-bank financial institutions in Kenya.

What is the role of the stockbrokers in Kenya?

A stockbroker acts as an intermediary between the buyer and the seller in the stock market. He is responsible for the buying and selling orders of his clients.

There are many registered stockbrokers in Kenya. However, not all of them offer the best services. This article will list 10 of the best-registered stockbrokers in Kenya.

Kenya’s capital markets are some of the most sophisticated in Africa.

With a well-developed infrastructure and a solid regulatory framework, the nation’s stock exchange is a popular destination for foreign investors.

Perhaps not surprisingly, most of Kenya’s top ten registered stockbrokers are international firms.

List of Online Trading Stock Brokers in Kenya

Choose your stockbroker

Mobile Trading Stock Brokers in Kenya

Choose your stockbroker

Nairobi Securities Exchange PLC Contacts

55 Westlands Road,
P O Box 43633
Nairobi, 00100

+254 20 2831000 / +254 (020) 222 4200
+254 0724 253 783 / +254 0733 222 007


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