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 Tel: 318690/318689 Fax: 2223061 E-mail: info@francisdrummond.com Website: www.francisdrummond.com |
2. | Dyer & Blair Investment Bank Ltd. | Loita House,10th floor, P.O. Box 45396, Nairobi Tel: 3240000/2227803/4/5 Fax: 2218633 E-mail: shares@dyerandblair.com Website: www.dyerandblair.com |
3. | Francis Thuo & Partners Ltd. | (Under Statutory Management) Statutory Manager, Nairobi Stock Exchange Ltd, Kimathi Street, Nation Centre, 1st Floor, P. O. Box 43633, Nairobi Tel: 283100 Fax: 2224200 E-mail: ftstatutorymanager@nse.co.ke |
4. | Nyaga Stockbrokers Ltd. | Nation Centre, 12th Floor, P.O. Box 41868, Nairobi Tel: 315748/ 315628/9 Fax: 315630 E-mail: info@nyagastockbrokersltd.com |
5. | Ngenye Kariuki & Co. Ltd. | Corner House, 8th floor, P. O. Box 12185-00400, Nairobi Tel: 224333/220052/220141 Fax: 2217199/241825 E-mail: ngenyekari@wananchi.com |
6. | Suntra Investment Bank Ltd. | Nation Centre, 10th Floor, P.O. Box 74016-00200, Nairobi Tel: 2870000/247530/2223330/2211846, 0724-257024, 0733-222216 Fax: 2224327 E-mail: info@suntra.co.ke Website: www.suntra.co.ke |
7. | Reliable Securities Ltd. | IPS Building, 6th Floor, P. O. Box 50338-00200, Nairobi Tel: 241350/4/79 Fax: 241392 E-mail: info@reliablesecurities.co.ke |
8. | CFC Financial Services | Corner House, Ground floor, P.O. Box 47198-00100, Nairobi Tel:3638900/42 Fax.2218813 E-mail: cfcfs@cfcgroup.co.ke. Website: www.cfcbank.co.ke |
9. | Kingdom Securities Ltd. | Nginyo Towers, 3rd floor, P.O. Box 73253–00200 Tel: 311898/313492/310540 Fax: 2210279 Telefax: 341867 Cell: 0724-957345/0733-371629 E-Mail: bobmathews@bobmathewstocks.com Website: www.bobmathewstocks.com |
10. | Afrika Investment Bank Ltd. | Finance House, 13th Floor, P.O. Box 41684-00100, Nairobi Tel: 2210178/212989 Fax: 2210500 E-mail: ashbhu@ashbhu.com |
11. | ABC Capital Ltd. | IPS Building, 5th floor, P.O. Box 34137-00100, Nairobi Tel: 246036/245971 Fax: 245971 E-mail: crossfield@wananchi.com |
12. | Sterling Securities Ltd. | Finance House, 11th Floor, P.O. Box 45080- 00100, Nairobi Tel: 2213914/244077/ 0723153219/0734219146 Fax: 2218261 E-mail: info@sterlingstocks.com Website: www.sterlingstocks.com |
13. | ApexAfrica Investment Bank Ltd. | Rehani House, 4th Floor, P.O. Box 43676- 00100, Nairobi Tel: 242170/220517 Fax: 2215554 E-mail: invest@apexafrica.com Website: www.apexafrica.com |
14. | Faida Investment Bank Ltd. | Windsor House, 1st floor, P. O. Box 45236-00100, Nairobi Tel: 2243811/2/3 Fax: 243814 E-mail: faidastocks@wananchi.com Website: www.faidastocks.com |
15. | NIC Capital Securities Ltd. | Kimathi House, 1st Floor, P.O. Box 63046-00200, Nairobi Tel: 2016482/3 244272/9 Mobile: 0736-850516/0724-951703 Fax: 244280 E-mail: info@solid-kenya.com Website: www.solidkenya.com |
16. | Genghis Capital Securities Ltd. | 1st Floor, Purshottam Place Building, Westlands Road, P.O. Box 9959-00100 Nairobi Tel: 2774756/2777397 Fax: 246334 E-mail: info@genghis-capital.com Website: www.genghis-capital.com |
17. | Standard Investment Bank Ltd. | ICEA, 16th floor, P. O. Box 13714-00800, Nairobi Tel: 2220225/240296/227004 Fax: 240297 E-mail: info@standardstocks.com Website: www.standardstocks.com |
18. | Kestrel Capital (EA) Limited | ICEA Building, 5th floor, P.O. Box 40005-00100, Nairobi Tel: 2251758/2251893,251815,250082 Fax: 243264 E-mail: info@kestrelcapital.com Website: www.kestrelcapital.com |
19. | Discount Securities Ltd. | International House, Mezzanine, P. O. Box 42489-00100, Nairobi Tel: 2219552/38 Fax: 230987 E-mail: discount@dsl.co.ke |
20. | African Alliance Kenya Securities | Ground floor, Kenya Re Towers, Upper Hill, P.O. Box 27639-00506, Nairobi Tel: 2735013/2735154/2735138 Fax: 2731162 E-mail: otienol@africanalliance.co.ke |
21. | Renaissance Capital (Kenya) Ltd. | Suite 810, 7th Floor Purshottam Place, Chiromo Road, Westlands, P.O. Box 40560-00100, Nairobi Tel: 3601822 Fax: 3601100 |