Score

1.51 /10
Danger

Stanbic IBTC Stockbrokers

Nigeria

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.98

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Stanbic IBTC Stockbrokers Limited

Company Abbreviation

Stanbic IBTC Stockbrokers

Platform registered country and region

Nigeria

Company website

Twitter

Facebook

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Stanbic IBTC Stockbrokers · Company summary

General Information

Stanbic IBTC Stockbrokers Limited (SISL) is a wholly-owned subsidiary of Stanbic IBTC Holdings Plc, and a member of The Standard Bank Group set up to provide world class stockbroking services to local as well as foreign investors in the Nigerian Capital Market . SISL is a member of The Nigerian Stock Exchange (NSE) and is licensed by The Securities and Exchange Commission (SEC) in Nigeria.

Services Offered

The Services we render include:

Timely and Efficient execution of mandates

Online access to your stockbroking account both in-house and with CSCS

Share Registration services which include:

  • Share Certificate Management

  • Dividend Management

  • Transmission of Shares

  • Handling of Registrars related issues

Accounts

SISL offers two types of accounts: individual account and corporate account.

Fees

In addition to removing the minimum opening account balance, SISL has also reduced the brokerage fee for transactions executed via its online platforms from one per cent of the brokerage fees to 0.7 per cent, a 30 per cent reduction in commission charged.

Customer Support

The SISL customer can be reached through telephone (01-4220004), email (stockbroking@stanicibtc.com). SISL address: IBTC Place, Walter Carington Crescent, Victoria Island, Lagos, Nigeria.

News

NewsWIKIFX REPORT: Stanbic IBTC Stockbrokers Begins Zero Balance Account Opening, Cuts Brokerage Fee

Stanbic IBTC Stockbrokers has started establishing zero balance accounts to enable more clients to use its platform to accomplish wealth growth and preservation through capital market investments.

WikiFX
2022-06-01 15:34
WIKIFX REPORT: Stanbic IBTC Stockbrokers Begins Zero Balance Account Opening, Cuts Brokerage Fee

NewsWIKIFX REPORT: Stanbic IBTC Enlightens Nigerians On Stockbroking

STANBIC IBTC Stockbrokers, a subsidiary of Stanbic IBTC Holdings PLC, recently organized a virtual session to educate Nigerians about the stock market's possibilities.

WikiFX
2022-06-01 15:30
WIKIFX REPORT: Stanbic IBTC Enlightens Nigerians On Stockbroking

NewsWIKIFX REPORT: Stanbic IBTC encourages investors with zero balance stock trading entry requirement

Stock investments are often made for the long term. It is a financial strategy capable of generating generational wealth because it provides investors with rewards while also ensuring their financial security. The ability of this investment type to compound returns over time determines its profitability.

WikiFX
2022-06-01 15:26
WIKIFX REPORT: Stanbic IBTC encourages investors with zero balance stock trading entry requirement

NewsECONOMYInvestors Embrace Stanbic IBTC Zero Stockbroking Account Opening

There seems to have been an uptick in the involvement of the younger generation in the Nigerian capital market since Stanbic IBTC Stockbrokers Limited launched its Stockbroking Zero Account Opening campaign.

WikiFX
2022-03-11 11:15
ECONOMYInvestors Embrace Stanbic IBTC Zero Stockbroking Account Opening

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