Getting Started as an Investor
~3 min read
Choosing a Stockbroker
Picking the Right Broker
A stockbroker is your gateway to the NSE. They execute buy and sell orders on your behalf. Choosing the right one matters.
What to Look For
- CMA License — Only trade with licensed brokers. Check the CMA website.
- Online platform — Modern brokers offer apps and web platforms for easy trading
- Fees — Compare brokerage commissions (typically 1.5-2.1% of trade value)
- Research — Some brokers provide market analysis and stock recommendations
- Customer support — Responsive support when you need help
Popular NSE Brokers
Some well-known brokers include Faida Investment Bank, Genghis Capital, SBG Securities, and EFG Hermes. Each offers different platforms and fee structures.
Most brokers now support M-Pesa funding, making it easy to add money to your trading account.