pasuma:
I'm a newbie in trading, never traded before with no clear direction where to start, after taking more than 24hrs in reading this thread I must confess I can at least say I know ABC thanks to you guys. I'll take my time to learn DEF.. from here before I fund the account I just opened with meristem. Thanks a lot guys , you guys are wonderful..

You are wellcome but we are not guys, we are brother's and sister's in the LORD . two dont invest what you can't forget.

ihedioramma:
You are wellcome but we are not guys, we are brother's and sister's in LORD .

Apology about the choice of word, It was not intentional

stokfrick:


Hmm just pray its not classified as dead firm by friday otherwise, we wouldn't be talking about being tired rather, we'll b talking about how many months we will have to wait for our stocks to be transferred!

I know it hurts, but give them the benefit of doubt, sincerely they weren't open to investors which isn't good, MC model is just too good to ignore, please I'm not holding brief for them but that stockbroking comm is just too good. At one time or the other, other trade platforms have gone down so let's just bear.

Today is 3rd.. No stories tomorrow.

OBAGADAFFI:


Oga, if you do direct transfer into their account, just email and follow up with a call your Account will be funded immediately.

Please don't try using the payment gateway integration (MasterCard or Visa) on their leadtrader website, o.

My experience with that system is bad.

Hope that's not what you use for payment

Please can anyone help with the brokage fees of lead capital (both buy and sell) thanks

pasuma:
I'm a newbie in trading, never traded before with no clear direction where to start, after taking more than 24hrs in reading this thread I must confess I can at least say I know ABC thanks to you guys. I'll take my time to learn DEF.. from here before I fund the account I just opened with meristem. Thanks a lot guys , you guys are wonderful..

My little advice to you is "Never be in a hurry to buy a particular stock, rather do your findings (DD) very well before you put in your money"

You are welcome to the longest and most followed thread on Nairaland.

leparj:
I aint moppin nothin. Fcmb wey neva fit show us Q3 report card. Forget all dat late fillin n auditing. No good result is ever delayed. Na so Oando do and myjoy kept tellin us it was well till d hammer fell on our heads. Now again result is delayed, we re again seein large vols(?dumping) and still Oga Loco n co want us to believe fcmb is the best thing since sliced bread.

Hmm, 'brother', for somebody who just joined a month ago, your're really quite witty,
and so full of nsempa history, to the point of even calling myjoy by his defunct moniker.
My only concern being that if you go on being so outspoken, you might soon commit one deadly slip of tongue
that will confirm brother Ihedi's suspicions, not mine oo.

agisky1975:
Please can anyone help with the brokage fees of lead capital (both buy and sell) thanks

Brokerage - 0.7500%
VAT - 0.0%
NSE FEES -0.30%
MSE VAT - 0.000%
CSCS FEE -0.30%
CSCS VAT -0.000%
CSCS X-ATERT FEE - 0.000%
CSCE VAT - 0.00%
SEC FEES -0.00%
STAMP DUTIES -0.0750%

TOTAL - 1.425(my calculations might not be accurate)

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/1872#50520977

Be mindful of the dominant trend line !

pasuma:
Apology about the choice of word, It was not intentional

You are wellcome .

OBAGADAFFI:


Brokerage - 0.7500%
VAT - 0.0%
NSE FEES -0.30%
MSE VAT - 0.000%
CSCS FEE -0.30%
CSCS VAT -0.000%
CSCS X-ATERT FEE - 0.000%
CSCE VAT - 0.00%
SEC FEES -0.00%
STAMP DUTIES -0.0750%

TOTAL - 1.425(my calculations might not be accurate)

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/1872#50520977

Thanks so much, but is this for buy or sell

dragonking3:
Today is 3rd.. No stories tomorrow.

The Dance done change for FO .

agisky1975:

Thanks so much, but is this for buy or sell

For Both

zendi:


Hmm, 'brother', for somebody who just joined a month ago, your're really quite witty,
and so full of nsempa history, to the point of even calling myjoy by his defunct moniker.
My only concern being that if you go on being so outspoken, you might soon commit one deadly slip of tongue
that will confirm brother Ihedi's suspicions, not mine oo.

Thanks for your concern. True. I joined recently but I ve followed this thread as a guest for many years. I ve also been active in the stock market since 2003 so I am not a novice per se.

ihedioramma:
The Dance done change for FO .

I see am..

I have started shopping for another broker , going forward am haring my portfolio amongst 3 brokers, this Morgan's experience is lesson.

1. Cost of execution for morgan is about 1.55% for both buying and selling, ( which I must say is the attract ).

2. Direct access trading platform is just too good (folio)

3. The third requirement is they must have good customer service.

4. Margin account trading and rates for margin.

Please house help out throw up such brokers so we can move to a more serious brokers.

Time dey go oh.

K

kentoto:
I have started shopping for another broker , going forward am haring my portfolio amongst 3 brokers, this Morgan's experience is lesson.

1. Cost of execution for morgan is about 1.55% for both buying and selling, ( which I must say is the attract ).

2. Direct access trading platform is just too good (folio)

3. The third requirement is they must have good customer service.

4. Margin account trading and rates for margin.

Please house help out throw up such brokers so we can move to a more serious brokers.

Time dey go oh.

K

Have you taken margin facilities before?I always think such things aren't possible in Nigeria and even I also believe even if you can take margin, the rate might kill you.

Angelo,

Yes I have taken a margin before but it's been a long time ago, during the market boom era, some brokers would give about 50 to 80 percent of your existing portfolio with them at rates of 15 to 20 percent, as I said that was a while back.

It the trend has changed again, it a broker charges are low, them to increase frequency of trading margins are encouraged. Some brokers still do it if ypur you ask.

K

angelo82:


Have you taken margin facilities before?I always think such things aren't possible in Nigeria and even I also believe even if you can take margin, the rate might kill you.

kentoto:
Angelo,

Yes I have taken a margin before but it's been a long time ago, during the market boom era, some brokers would give about 50 to 80 percent of your existing portfolio with them at rates of 15 to 20 percent, as I said that was a while back.

It the trend has changed again, it a broker charges are low, them to increase frequency of trading margins are encouraged. Some brokers still do it if ypur you ask.

K

I received a message like that a while ago from lead capital at 32% but I was like what the Zap?

leparj:
Thanks for your concern. True. I joined recently but I ve followed this thread as a guest for many years. I ve also been active in the stock market since 2003 so I am not a novice per se.

You're most welcome.

angelo82:


I received a message like that a while ago from lead capital at 32% but I was like what the Zap?

,

Ah wetin thats too high now, ..

I think one can negotiate with them, if you're trading volumes and frequently too.

It's best for jijo trading. If its set up as an overdraft then it could still be managed, only charged when it's used.

K

ihedioramma:
The Dance done change for FO .

wetin concern me with FO?

Reminder on risk management esp wt PennyStock lovers (For newbies)

Scenario 1
Coy ABC SP drops from N1.20 to N0.85 = -29.17% Loss


Scenario 2
Coy ABC SP gains from N0.85 to N1.20 = +41.18% Gain lol


NoteToSelf:
Bulls need more effort to take back what d Bears took.
Waiting for break even in a losing position can be futile to d mind and capital
Cut losses - cut losses better to feed your broker than d bear. You can always come back
Always watch d down side risk to protect and preserve capital for other days
Avoid holding on to lemons
and be be lo

#justObserving

OBAGADAFFI:


For Both

ok thanks

Is Lead Capital's trading platform similar to Morgan Capital?

Pls anybody know how good TRW stockbroker is?

Pls is anybody using TRW stockbroker to know how good they are?

PRESCO PLC has to be a very consistent stock.

Investment one data is experiencing some delay

Mfunky, u r sited

dragonking3:
wetin concern me with FO?

FO don dance finish.

Hello house,
Has any one used armstock trade?
What's their charges like- buy and sell