Trading on the Nairobi Securities Exchange is not an easy task, at the very least you need a stock broker. While it’s possible to trade without a broker, it’s often recommended to engage an experienced stock broker to help you in stock trading. To avoid losing money unscrupulous stock brokers, Nairobi Securities Exchange (NSE) licenses and makes public a listed of registered stock brokers (trading partners). Stock market brokers in Kenya exist to make stock trading a simple procedure for ordinary Kenyans who might not have grips about the mechanisms of the stock markets.
These stock brokers are bound to comply with the NSE’s regulations, who can also help you in paying costs associated with trading on NSE, like taxes and stamp duty. It’s advisable to go for stock brokers offering personalized services as that will make your investment a priority. Stock brokers dealing in agriculture, technology, construction, insurance, banking, energy and petroleum are deemed to be the richest reaping high from those vibrant sub-sectors of the economy.
Here are the Nairobi Securities Exchange (NSE) registered stock brokers.
No. | Broker | Contact details |
1. | Drummond Investment Bank | Limited Hughes Building, 2nd floor, P.O. Box 45465, Nairobi |
2. | Dyer & Blair Investment Bank Ltd. | Loita House,10th floor, P.O. Box 45396, Nairobi |
3. | Francis Thuo & Partners Ltd. | (Under Statutory Management) |
4. | Nyaga Stockbrokers Ltd. | Nation Centre, 12th Floor, P.O. Box 41868, Nairobi |
5. | Ngenye Kariuki & Co. Ltd. | Corner House, 8th floor, P. O. Box 12185-00400, Nairobi |
6. | Suntra Investment Bank Ltd. | Nation Centre, 10th Floor, P.O. Box 74016-00200, Nairobi |
7. | Reliable Securities Ltd. | IPS Building, 6th Floor, P. O. Box 50338-00200, Nairobi |
8. | CFC Financial Services | Corner House, Ground floor, P.O. Box 47198-00100, Nairobi |
9. | Kingdom Securities Ltd. | Nginyo Towers, 3rd floor, P.O. Box 73253–00200 |
10. | Afrika Investment Bank Ltd. | Finance House, 13th Floor, P.O. Box 41684-00100, Nairobi |
11. | ABC Capital Ltd. | IPS Building, 5th floor, P.O. Box 34137-00100, Nairobi |
12. | Sterling Securities Ltd. | Finance House, 11th Floor, P.O. Box 45080- 00100, Nairobi |
13. | ApexAfrica Investment Bank Ltd. | Rehani House, 4th Floor, P.O. Box 43676- 00100, Nairobi |
14. | Faida Investment Bank Ltd. | Windsor House, 1st floor, P. O. Box 45236-00100, Nairobi |
15. | NIC Capital Securities Ltd. | Kimathi House, 1st Floor, P.O. Box 63046-00200, Nairobi |
16. | Genghis Capital Securities Ltd. | 1st Floor, Purshottam Place Building, Westlands Road, P.O. Box 9959-00100 Nairobi |
17. | Standard Investment Bank Ltd. | ICEA, 16th floor, P. O. Box 13714-00800, Nairobi |
18. | Kestrel Capital (EA) Limited | ICEA Building, 5th floor, P.O. Box 40005-00100, Nairobi |
19. | Discount Securities Ltd. | International House, Mezzanine, P. O. Box 42489-00100, Nairobi |
20. | African Alliance Kenya Securities | Ground floor, Kenya Re Towers, Upper Hill, P.O. Box 27639-00506, Nairobi |
21. | Renaissance Capital (Kenya) Ltd. | Suite 810, 7th Floor Purshottam Place, Chiromo Road, Westlands, P.O. Box 40560-00100, Nairobi |