A non-dealing broker routes your order to liquidity providers and earns a commission or a mark-up on the spread rather than taking the other side of the trade.
The structural conflict a dealing broker has is absent here, which is the argument for it. The leverage, and everything leverage does, is the same.
An online account with a licensed firm. The register is the thing to check: this is the corner of Kenyan finance with the heaviest advertising and the loosest relationship between advertising and licensing.
No yield, for the same reason as any forex account: you are trading a price, not holding something that pays you. Costs are the spread and the commission, on every position.
The full list is on the regulator's own page, which is where it stays current.
See the live list at the CMAHow a share order actually reaches the NSE. You need one to buy anything listed.
A broker licence plus the corporate side — listings, rights issues, advisory.
Where bonds are actually traded — largely over the counter, largely by banks.
The licence behind investing from your phone. Safaricom and Airtel Money hold it.
Futures on the NSE derivatives board. Leverage, and losses that are not capped at your deposit.
A forex broker that takes the other side of your trade itself.
Licensed to sell coffee at the Nairobi Coffee Exchange, on behalf of growers.
Ipahco