Before registering to trade, we have a guide to help you understand what documents you will need and how to fill your profile.
After reading the guide, you can go ahead to apply for trading by updating your
profile. Fill in correctly all your details in the sections explained below.
Personal Details - these are your basic personal details.
Contact Details - You will need to verify your phone number by entering the number starting with your country code and clicking Send Code, to receive a verification code on your phone, enter the code in Mobile Confirmation Code, and click Verify.
Documents - these are the documents that have been detailed in the
guide.
CDS Account (Optional) - If you have a CDS account, you may enter the details, this helps, especially as we are working towards integration with other brokers in the market.
Bank Details (Optional) - This is for users who would want to receive their withdrawals in their bank accounts.
After you have completed all the above information
Click on the Review and Submit button.
You will review the updated profile and also the Trading Terms and Conditions.
After which you will receive a notification that your account has been Activated and is pending verification which takes 2-3 days.
A copy of your Trading Contract will be sent to your registered email address.
Happy Investing 😊
Related Articles
How to Activate Trading As A New User
Click on the Buy/Sell Shares button. A pop-up will appear, read the instructions then click on Activate Trading. Follow the following steps: Step 1:Fill in the correct Personal Details and Click Update when done. Step 2: Fill in your Contact ...
How To Use Practice Trading
Practice investing gives you a quick training on how to place orders, trade, and manage your portfolio and account on Abacus. Click on Practice Trading on the left menu on the web platform to get started. Select your preferred starting capital from ...
Trading User Guide - Understanding Your Portfolio
A portfolio is a collection of investments held by an investor e.g. shares, bonds. In your portfolio, you will find the following: Summary This is a table that displays all the assets that you own and your portfolio value. Equities This is an ...
Intra Day Trading
Intraday trading refers to same-day trading whereby you can be able to buy shares and sell them within the same day. Currently, settlement (actual transfer of shares from the previous owner to you) takes 3 working days. The good news is that the ...
I Tried Selling Shares But I Receive An Error 'Insufficient Securities for Transaction'
The Nairobi Securities Exchange has a settlement period of three working days. This means when you buy shares, it takes 3 days for the shares to be transferred from the previous owner to you. The period is called the settlement duration/period. This ...