₦airaland Forum

GonFreecss1:
Hahahaha! Is this the charge with Morgan that different? What is their exact buy and sell rates sef?

It was posted here some times ago.
Except i search for it or you can search for bigjay01's post on it.
Anyone with the charges can also post pls.

GonFreecss1:
Does Invest.ng send dividends to your cash account? Or a bank account after submitting e-mandate to your bank?

No, investnow.ng send dividends to my Mandated Bank Account.

Mcy56:
Thanks.
Meritrade is for big boys, we're just trying to compare brokers with low charges as Morgan.

Does Morgan charge less than 1.3% ?

Mcy56:
Thanks.
Meritrade is for big boys, we're just trying to compare brokers with low charges as Morgan.

Big boys don’t pay the normal charges anywhere , someone gave me that tip on this thread a while back even for Morgan Capital

Mcy56:
It was posted here some times ago.
Except i search for it or you can search for bigjay01's post on it.
Anyone with the charges can also post pls.

Thanks dear. Will do so now. �

It seems some results are out.
Make Dem upload nah

OBAGADAFFI:
No, Invest.ng send dividends to my Mandated Bank Account.

My brother! Then they are very different.

Wealth.ng probably operates “a custodian” account. Quite different from an individual account. That is why that fellow didn’t see the things we thought he should.

RabbiDoracle:
Tony isn't innovative. That is what it means.

I truly respect the management of GTB.

...
and people wonder why there is a certain premium attached to GTB

Mcy56:
Buyingis 0.875% + SMS charges.
Breakdown:
Broker's Commission: 0.5000%
SEC Fee: 0.3000%
Stamp Duty: 0.0750%
CSCS Alert Charges: N4.20 per SMS .........

Selling charges: 1.175% (0.3% CSCS charges included here)

Here, @GonFreecss1
CC: @ojeysky

Mcy56:
Here, @GonFreecss1
CC: @ojeysky

That is why I love you....

*Big Kiss*

Mcy56:
It was posted here some times ago.
Except i search for it or you can search for bigjay01's post on it.
Anyone with the charges can also post pls.

Morgan Capital Total
Buy charge = 0.875%
Sell charge = 1.175%

rmx:
Big boys don’t pay the normal charges anywhere , someone gave me that tip on this thread a while back even for Morgan Capital

Yes, I'm aware you get some discounts cos you're money bags, but comparing the charges even with the discounts makes Morgan still much cheaper.

Chai!! Morgan needs to pay me for adverts o.

DeRuggedProf:
If your e-mandate is in place, don't worry, just patiently wait.
Once flight restriction is over, you will get yours.....
For now, they are paying those of us who a vulnerable first, later the BILLION GANG who are donating for COVID-19 will have their turn..

Thanks

locodemy:
Scients are even adding salt to the injuries.
They said on the 27th of April, something strange will happen on the planet Earth.

Shebi one paito said COVIK 1-9 will be gone by March 27th. Abeg, someone should please help me check the calender...

anjilgreat:
Morgan Capital Total
Buy charge = 0.875%
Sell charge = 1.175%

Thanks a lot Ma'am.
I was even searching for your post on it too. I remembered you corrected me on the selling charges then, which I later edited in my post.

Mcy56:
You may have to contact the Registrar.
Did you follow your e-dividend processing thru?
Anyway, not to worry too much cos your dividend will always be there for you to claim, just try and contact the registrar to know what's up, then do follow up with them.

I was able to process my dividend form. I will do as you've suggested. Thanks for your response

OBAGADAFFI:
No, Invest.ng send dividends to my Mandated Bank Account.

Sir, who does the e-dividend runs for you? I'm asking for someone in diaspora who needs a broker that can help with such.

Mcy56:
Yes, I'm aware you get some discounts cos you're money bags, but comparing the charges even with the discounts makes Morgan still much cheaper.

Chai!! Morgan needs to pay me for adverts o.

But why not make a good thing better if you can get more discount

Mcy56:
Buyingis 0.875% + SMS charges.
Breakdown:
Broker's Commission: 0.5000%
SEC Fee: 0.3000%
Stamp Duty: 0.0750%
CSCS Alert Charges: N4.20 per SMS .........

Selling charges: 1.175% (0.3% CSCS charges included here)

Unless there is some hidden charges am yet to find out with meritrade, I think the cumulative charge of 1.3% of meritrade is still better

ojeysky:
Unless there is some hidden charges am yet to find out with meritrade, I think the cumulative charge of 1.3% of meritrade is still better

All the best.

seyisanya:
Sir, who does the e-dividend runs for you? I'm asking for someone in diaspora who needs a broker that can help with such.

My brokers. They Charge for it.

rmx:
But why not make a good thing better if you can get more discount

The discount is meant for ready-made like you, not for some of us still growing.
We will consider them when we grow up and be like you. For now, low charges is bae.

ojeysky:
Unless there is some hidden charges am yet to find out with meritrade, I think the cumulative charge of 1.3% of meritrade is still better

What do you mean by cumulative charge? Sell and Buy charges are different and the number posted above from Morgan Capital is cumulative for either of the trades - that is - Sell/Buy - which includes VAT charges, CSCS, etc.

GonFreecss1:
My brother! Then they are very different.

Wealth.ng probably operates “a custodian” account. Quite different from an individual account. That is why that fellow didn’t see the things we thought he should.

That is wrong.

He should contact the company (Sankore investment) and demand for individual account with proper CSCS number.

IYGEAL:
What do you mean by cumulative charge? Sell and Buy charges are different and the number posted above from Morgan Capital is cumulative for either of the trades - that is - Sell/Buy - which includes VAT charges, CSCS, etc.

Thanks for the enlightenment

OBAGADAFFI:
That is wrong.

He should contact the company (Sankore investment) and demand for individual account with proper CSCS number.

Yep! He will need a bank account too. That is why their dividends are paid to their account. It’s not in their name.

seyisanya:
Averaging down is the way, sir, if the fund is available. Nothing is wrong with the coy's fundamentals! I bought GTB at N28 but now my breakeven price is very close to the current market price.

Thanks but at least you received dividend from that no word yet from wapco...

OBAGADAFFI:
My brokers. They Charge for it.

Sweet

RabbiDoracle:
Tony isn't innovative. That is what it means.

I truly respect the management of GTB.

Exactly

anjilgreat:
Morgan Capital Total
Buy charge = 0.875%
Sell charge = 1.175%

It seems they are cheaper than meritrade

GLAXO SMITHKLINE and NEIMETH on full-bid

MAY & BAKER on the move