Score

1.51 /10
Danger

Stanbic IBTC Stockbrokers

Nigeria

5-10 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.99

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • 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 presents basics of capital market in new series

Stanbic IBTC Stockbrokers Ltd, a subsidiary of Stanbic IBTC Holdings PLC, recently hosted a virtual session to enlighten Nigerians on the potentials of investing in the stock market.

WikiFX
2022-08-02 14:12
WIKIFX REPORT: Stanbic IBTC Stockbrokers presents basics of capital market in new series

NewsWIKIFX REPORT:Stanbic IBTC Stockbroking Drives Market Participation via Zero Account Opening Campaig

Stanbic IBTC Stockbrokers Limited, a subsidiary of Stanbic IBTC Holdings PLC, has introduced a Stockbroking Zero Account Opening campaign to help drive local participation in the capital market.

WikiFX
2022-08-01 15:40
WIKIFX REPORT:Stanbic IBTC Stockbroking Drives Market Participation via Zero Account Opening Campaig

NewsWIKIFX REPORT: Stanbic IBTC Stockbrokers train prospective investors

Stanbic IBTC Stockbrokers, a subsidiary of Stanbic IBTC Holdings has urged new investors in the nation’s equity market to take advantage of informative platforms to learn and research before trading in stocks.

WikiFX
2022-08-01 15:38
WIKIFX REPORT: Stanbic IBTC Stockbrokers train prospective investors

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

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