Trading directly in the Nairobi Stock Market isn't easy.
While it’s possible to trade without a broker, an extensively experienced stock broker is a must-have for those getting into stock trading for the first time.
As a matter of fact, if you are not careful, you might end up losing your hard-earned investments to unscrupulous stock brokers.
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.
It is, therefore, recommended that you look for registered stock brokers who can guide you through the market.
You will have to register with a stock brokerage firm of your choice to be able to buy stocks and sell them with a profit.
Stock brokers also help you in paying for all the costs associated with trading on the Nairobi Stock Market like taxes and stamp duty.
It is therefore important to do business with entities that are listed by the NSE as they are bound to comply with Nairobi Securities Exchange’s regulations.
Note: While you can access an exhaustive list of stockbrokers in Kenya that are legally operating; you might want to deal with those offering personalized services as that will make your investment a priority.
Some of the richest stock brokers in Kenya niche in particular sub-sectors of the economy like agriculture, technology, Banking, Energy and petroleum, construction, and insurance just to mention a few.
In this article we will look at some of the best stock brokers in Kenya you can make your trading partners.
List of Nairobi Securities Exchange (NSE) Stock Brokers
1. Dyer & Blair Investment Bank Ltd
Goodman Tower, 7th floor,
P.O. Box 45396 00100
Tel: 0709930000.
Fax: 2218633
Email: shares@dyerandblair.com
Web: www.dyerandblair.com
2. Francis Drummond & Company Limited
Hughes Building, 2nd floor,
P.O. Box 45465 00100
Tel: 318690/318689
Fax: 2223061
Email: info@drummond.co.ke
Web: www.drummond.co.ke
3. Ngenye Kariuki & Co. Ltd. ( Under Statutory Management)
Corner House, 8th floor,
P. O. Box 12185-00400
Tel: 224333/2220052/2220141
Fax: 2217199/241825
Email: ngenyekari@wananchi.com
Web: www.ngenyestockbrokers.co.ke
4. Suntra Investment Bank Ltd
Nation Centre,7th Floor,
P.O. Box 74016-00200
Tel: 2870000/247530/2223330/2211846/0724- 257024, 0733-222216
Fax: 2224327
Email: info@suntra.co.ke
Web: www.suntra.co.ke
5. Old Mutual Securities Ltd
IPS Building, 6th Floor,
P. O. Box 50338- 00200
Tel: 2241379, 2241408
Fax: 2241392
Email:info.oms@oldmutualkenya.com
Web: www.oldmutual.co.ke
6. SBG Securities Ltd
CfC Stanbic Centre, 58 Westlands Road,
P. O. Box 47198 – 00100
Tel: 3638900
Fax: 3752950
Email: sbgs@stanbic.com
Web: www.sbgsecurities.co.ke
7. Kingdom Securities Ltd
Co-operative Bank House,5th Floor,
P.O Box 48231 00100
Tel: 3276940/3276256/3276154
Fax: 3276156
Email: info@kingdomsecurities.co.ke
8. AIB CAPITAL LTD
Finance House, 9th Floor,
P.O. Box 11019-00100
Tel: 220178 / 2212206
Fax: 2210500
Email: info@aibcapital.com
Web: www.aibcapital.com
9. ABC Capital Ltd
IPS Building, 5th floor,
P.O. Box 34137-00100
Tel: 2246036/2245971
Fax: 2245971
Email: headoffice@abccapital.co.ke
10. Sterling Capital Ltd
Barclays Plaza, 11th Floor, Loita Street,
P.O. Box 45080- 00100
Tel: 2213914/244077/ 0723153219/0734219146
Fax: 2218261
Email: info@sterlingib.com
Web: www.sterlingib.com
11. ApexAfrica Capital Ltd
The Riverfront, 1st Floor, Prof. David Wasawo Drive, Off Riverside Drive ,
P.O. Box 43676- 00100
Tel: +254-020-7602525/020 2226440
Email: invest@apexafrica.com
Web: www.apexafrica.com
12. Faida Investment Bank Ltd
Crawford Business park, Ground Floor, State House Road,
P. O. Box 45236-00100
Tel: +254-20-7606026-35
Fax: 2243814
Email: info@fib.co.ke
Web: www.fib.co.ke
13. NIC Securities Limited
1st NIC House, Masaba Road,
P.O.Box 44599-00100
Tel: 2888 444 / 0711 041 444
Fax: 2888 505
Email: info-securities@nicgroup.com
Web: www.nic-securities.com
14. Standard Investment Bank Ltd
ICEA Building, 16th floor,
P. O. Box 13714- 00800
Tel: 2228963/2228967/2228969
Fax: 240297
Email: info@sib.co.ke
15. Kestrel Capital (EA) Limited
2nd Floor, Orbit Place, Westlands Road,
P.O. Box 40005-00100
Tel: 251758/2251893,2251815,2250082
Fax: 2243264
Email: info@kestrelcapital.com
Web: www.kestrelcapital.com
16. African Alliance Securities
Transnational Plaza, 1st Floor, Wing B,
P.O. Box 27639 - 00506
Tel: +254 20 276 2000/ +254 20 276 2600
Fax: +254 20 221 6070
Email: info@africanalliance.com
Web: www.africanalliance.com
17. Renaissance Capital (Kenya) Ltd
Purshottam Place ,6th Floor, Westland , Chiromo Road,
P.O BOX 40560-00100
Tel: 3682000
Fax: 3632339
Email: infokenya@rencap.com
Web: www.rencap.com
18. Genghis Capital Ltd
1st Floor, Purshottam Place Building, Westlands Road,
P.O Box 9959-00100, Nairobi Kenya
Tel: +254 730145000 / +254 709185000
Fax: 246334
Email: info@genghis-capital.com
19. CBA Capital Limited
CBA Centre Mara Ragati Road Junction, Upper Hill,
P.O. Box 30437-00100
Tel: 0202884000/+254 20 2884000 / 365, 0711056365
Fax: 0202734616
20. Equity Investment Bank Limited
Equity Centre, Hospital Road, Upper Hill,
P.O Box 75104 – 00200
Tel: +254-20-2262477 Mobile: +254-732-112477/+254-711-026477
Fax: +254 20 2711439
Web: www.equitybankgroup.com
21. KCB Capital
Kencom House 2nd Floor,
P.O Box 48400 – 00100
Tel: +254 711 012 000 / 734 108 200, +254 20 3270000 / 2851000 / 2852000
Email:investmentbanking@kcb.co.ke
Web: kcb.co.ke
22. Barclays Financial Services Limited
Waiyaki Way,
West End Building, Floor 5
Tel: + 254 (0)20 4254000 / + 254 (0)20 4254501 / +254 711 097000
Email: Barclays.kenya@barclays.com
23. Securities Africa Kenya Limited
The Exchange Building, 2nd Floor,Westlands Road,
P.O Box 19018-00100
Tel: +254-735 571530, +254-714 646406
Email:infoke@securitiesafrica.com
Web: www.securitiesafrica.com
24. EFG Hermes Kenya Limited
Orbit Place, 8th Floor, Westlands Road,
P.O Box 349, 00623
Tel: +254 (020) 3743040
Email: kenyaoperations@EFG-HERMES.com
Web: www.EFG-HERMES.com
Nairobi Securities Exchange Contacts (Address)
Office: 55 Westlands Road,
P O Box: 4363300100NairobiKENYA
E-MAIL: info@nse.co.ke
PHONE: +254 20 2831000 / +254 (020) 222 4200
FAX: +254 20 2224200
MOBILE:+254 0724 253 783 / +254 0733 222 007
WEBSITE: http://www.nse.co.ke
