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Faida Investment Bank Review
Faida Investment Bank is a Nairobi stockbroker licensed by Kenya's CMA since 1995. It trades NSE shares and bonds, not forex, and has a Rwanda affiliate.
Min Deposit
N/A
Spreads From
Not applicable, this is a stockbroking and investment bank, not a forex broker
Max Leverage
Not applicable
Platforms
N/A
Pros
- Licensed by Kenya's CMA since 1995, one of the country's established brokers
- Became a full investment bank in December 2007, expanding its services
- Its founder also served as Vice Chairman of the Nairobi Securities Exchange
- Runs an associated broker in Rwanda, active there since 2009
Cons
- Not a forex or CFD broker, it focuses on NSE equities and fixed income
- No published spread, leverage, or standard minimum deposit figures
- Its own marketing language leans promotional rather than neutral
- Mainly serves Kenya and Rwanda, not a globally reaching broker
Faida Investment Bank Limited was licensed in 1995 by Kenya's Capital Markets Authority to work as a stocks and securities broker. In December 2007, it converted into a full investment bank, adding corporate finance and research to its brokerage roots.
The firm trades Nairobi Securities Exchange shares and fixed income for retail and institutional clients, and also offers markets research and corporate finance advisory. Its founder, Bob Karina, has also served as Vice Chairman of the Nairobi Securities Exchange itself.
Faida runs an associated broker in Rwanda, Faida Securities Rwanda, active there since 2009 and the first to sponsor an equity cross listing on the Rwanda OTC market. This is not a forex or CFD broker, so ideas like spreads or leverage do not apply here.
Max Leverage
Not applicable
Spreads From
Not applicable, this is a stockbroking and investment bank, not a forex broker
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
- CMA (Kenya)
- NSE
