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How to Buy Pfizer Stock in Kenya

How to Buy Pfizer Stock in Kenya

How to Buy Pfizer Stock in Kenya revealed. We tested and verified the best way to buy Pfizer Stock in Kenya.

This is a complete guide on how to buy Pfizer stock in Kenya. 

In this in-depth guide you’ll learn:

  • What is Pfizer stock?
  • How to buy Pfizer stock in Kenya? 
  • How to buy Pfizer stock for beginner traders?
  • Which broker can you use to buy Pfizer stock?
  • Which broker offers a signup bonus to first-time traders? 
  • Which brokers offer a $5 (583 KES) minimum deposit for investing in Pfizer stock?
  • How many Pfizer stocks should you buy?


And lots more…

So if you’re ready to go “all in” with the Pfizer stock for Kenyans…

Let’s dive right in…

10 Best Forex Brokers in Kenya

#1

$100

Minimum Deposit

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#2

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#3

CySEC, FSA, FCA, FSC, FSCA, CMA

$10

#4

FSA, CySEC, FSCA, FSC

$1

#5

FSC, DFSA, CySEC, ASIC, CMA

$5

#6

CySEC, FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine

$0

#7

FSCA, FSC, FSA

$10

#8

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

$10

#2

$100

Minimum Deposit

#3

$10

Minimum Deposit

#4

$1

Minimum Deposit

#5

$5

Minimum Deposit

#6

$0

Minimum Deposit

#7

$10

Minimum Deposit

#8

$10

Minimum Deposit

#9

$5

Minimum Deposit

#10

$5

Minimum Deposit

Updated : March 3, 2023

What is Pfizer stock?

👉 Pfizer is an American multinational pharmaceutical and biotechnology company that is headquartered in New York and offers a wide range of pharmacological products and services.

 

👉 Pfizer develops and produces medicines and vaccines for a range of diseases and illnesses that include immunology and oncology as well as several blockbuster drugs that respectively produce over US$1 billion in annual revenues.

Step by Step how to buy Pfizer Shares in Kenya

👉 Traders in Kenya are going to need to perform some investigation before they start purchasing shares in Pfizer.

 

👉 The purpose of this exercise is to gain an understanding of the financial performance of the firm, the structure of the company, and its plans for the future, in addition to any competitive threats.

 

👉 Pfizer is a publicly-traded corporation, thus its annual and quarterly reports are accessible to the public through its investor relations website or through the database maintained by the Securities and Exchange Commission (SEC).

Step 1: Select a reputable broker in Kenya

Step 1: Select a reputable broker in Kenya

👉 You will need to establish a brokerage account in order to purchase Pfizer stock. A broker acts as a go-between between you and the stock market, making it easier for you to buy and sell different types of securities including stocks and bonds.

 

👉 If you don’t already have a brokerage account, you should look into opening one that doesn’t charge commissions for trades and has a low minimum investment amount.

Step 2: Select the right investment account for you

Step 2: Select the right investment account for you

👉 The majority of brokerages provide a variety of account options; you should select the one that is most aligned with the achievement of your monetary objectives.

 

👉 Open a taxable investment account if you want to increase your money through investing but don’t have a specific goal in mind and don’t want to worry about being penalized for early withdrawals.

 

👉 This is an alternative choice to opening a retirement account. You won’t receive any tax breaks, but the ways in which you can spend the money are entirely up to you.

Step 3: Decide on your investment budget

Step 3: Decide on your investment budget

👉 After you have opened a brokerage account, you should think about how much money you have available to put into Pfizer stock before making any purchases.

 

👉 After you have made the decision to purchase Pfizer shares, you will need to decide whether you will make a single large investment or spread out your purchases over a period of time using dollar-cost averaging.

 

👉 Some investors favor spending a large sum of money all at once when they believe the price of a company is unusually cheap. On the other hand, dollar-cost averaging enables investors to acquire shares at regular intervals and potentially lowers their risk.

 

👉 Think about your long-term objectives and the other holdings in your portfolio before making any individual stock investments.

 

👉 It might be risky to invest a significant portion of your portfolio in a single company; for most people, it is preferable to have a diverse collection of assets to choose from.

Step 4: Order your first Pfizer stock

Step 4: Order your first Pfizer stock

👉 After determining the total amount that will be put into Pfizer, the next step is to purchase the company’s shares. Sign into your brokerage account and type PFE, which is the ticker symbol for Pfizer’s stock, followed by the number of shares that you want to buy.

 

👉 Enter the monetary amount that you want to invest in Pfizer if your trading platform permits you to acquire fractional shares of the company.

 

👉 When purchasing shares of stock, you will normally select either a limit order or a market order, as these are the two forms of orders that are the most prevalent.

 

👉 Market orders are executed immediately at the price that is currently being offered, whereas limit orders are not processed until the underlying stock hits the price that you specify. A limit order may be a beneficial choice for you to make if you believe the price will be moving in the future.

Overview of Pfizer stock for traders in Kenya

👉 Pfizer Inc. is a pharmaceutical business that is responsible for the development of a large number of well-known medications. Brands such as Advil, Bextra, Celebrex, Diflucan, Lyrica, Robitussin, and Viagra are all manufactured by Pfizer.

 

👉 The corporation that is known for producing pharmaceuticals is also the brains behind a lot of well-known consumer goods. Chapstick and Preparation-H are two of the most well-known brands produced by this company.

 

👉 More than 150 years ago, Pfizer was founded as a company. It used to be a “one-stop-shop,” but now it’s a worldwide enterprise with locations all over the world.

 

👉 Pfizer has achieved a great deal of success. Pfizer was responsible for the discovery of citric acid and also produces large quantities of penicillin and vitamin C.

 

👉 Pfizer is a global pharmaceutical corporation with its headquarters in New York City. It is a publicly-traded company. In 2019, the company’s revenues reached $51.8 billion.

 

👉 Eliquis, Enbrel, EpiPen, Depo-Provera, Dimetapp, Neosporin, Xeljanz, and Zithromax/Zmax are all products that are manufactured by Pfizer.

 

👉 It focuses on developing vaccinations as well as medicines for cancer, heart disease, and diabetes. In addition to this, it manufactures treatments for conditions related to the endocrine (hormone) and nervous systems.

 

👉 The corporation is run by its shareholders and has operations in 180 countries. Groton, Connecticut is the location of the company’s research headquarters. It is estimated that more than 96,000 individuals are employed across the globe.

 

👉 The FDA granted the first-ever emergency use authorization for a COVID-19 vaccine to the company in December of 2020, making it the first in the world to do so.

 

👉 In response to the spread of the COVID-19 Delta variant, the Centers for Disease Control and Prevention (CDC) and other health officials announced that a booster shot will be available starting the week of September 20, 2021, for citizens of the United States who have already been fully vaccinated with the Pfizer vaccine.

 

👉 This decision was made in order to prevent the spread of the COVID-19 Delta variant. The Food and Drug Administration (FDA) granted approval to the Pfizer-BioNTech vaccine on August 23, 2021. The vaccine will now be sold under the brand name Comirnaty.

Pros and Cons of buying Pfizer (Alphabet) shares

Pros and Cons of buying Pfizer (Alphabet) shares

👉 There are a number of advantages to buying Pfizer stock in Kenya, but there are also several drawbacks, both of which are discussed here.

 

Pros of buying Pfizer shares in 2023

👉 Pfizer has agreed to provide as many as 500 million doses to the United States by the beginning of the first quarter of the following year, as part of contracts that both parties have signed.

 

👉 The company has a supply arrangement with the European Union that will last until 2023 and will cover up to 1.8 billion doses. Pfizer has also signed agreements with a number of other nations all around the world.

 

👉 Pfizer forecasts that the vaccine will bring in revenue of $33.5 billion for the company in just this one year. The proceeds are shared with BioNTech by the corporation. Despite this, Pfizer will continue to bring in a significant amount of money from sales of the medicine.

 

👉 In point of fact, Pfizer anticipates that the vaccine will provide 42 percent of the overall revenue for the corporation this year.

 

👉 Pfizer has the potential to achieve revenue levels in the years to come that are comparable to, or even higher than, those achieved in the previous year. The coronavirus is likely here to stay, according to the opinions of experts.

 

👉 It is expected that governments would make preparations. It is possible that they will place an order for additional doses in response to this.

 

👉 The Food and Drug Administration (FDA) of the United States has just given its approval for the use of a third dose of the vaccine manufactured by Pfizer as a booster for some persons, specifically those who are at least 65 years old or who belong to high-risk groups.

 

👉 Pfizer submitted a request for clearance to administer a booster dose of its vaccine to all patients who had already received the initial series. However, there is a possibility that the FDA will eventually broaden the scope of the authorization to include additional individuals.

 

👉 Pfizer offers a wide variety of other benefits in addition to the coronavirus program. There are a total of seven best-selling medications produced by the company. Among these are well-known brands like Eliquis, which is a blood thinner.

 

👉 In a decision that was handed down not too long ago, an appeals court sided with Pfizer and its partner Bristol Myers Squibb in a dispute over patents for Eliquis.

 

👉 This indicates that the earliest possible launch date for generic alternatives is 2028. This is very encouraging news for the short- to medium-term future.

 

Cons of buying Pfizer shares in 2023

👉 The expiration of Pfizer’s patents is one factor that has acted as a barrier to the company’s expansion over the past few years.

 

👉 In point of fact, the stock of Pfizer serves as the perfect example of the patent cliff. Lipitor, the medicine that holds the record for most sales ever, had its patent protection expire in 2011, and since then, sales have been going down.

 

👉 Pfizer admitted in its report for the fiscal year’s final quarter that the company will suffer a loss of $2.3 billion as a direct result of increased competition for its medicine that no longer enjoys or will soon no longer enjoy patent protection. Investors have a responsibility to keep this in mind.

 

👉 Pfizer stock is recommended as a dividend play by many experts today, and they are doing so for the right reasons. After all, it offers a dividend of $0.30 per quarter, which results in a yield of a mouthwatering 4%.

 

👉 However, if Pfizer stock does not rapidly replace its products that have lost or are on the verge of losing patent protection, the company’s cash flow will be challenged, which would increase the concern around the company’s ability to continue to provide regular dividend payments.

Should traders in Kenya invest in Pfizer stocks in 2023?

👉 Pfizer is the market leader when it comes to the distribution of vaccines in several regions of the world. Over 118 million people in the United States have received complete vaccinations from the company.

 

👉 However, Pfizer’s vaccine enjoys even more popularity in other countries. According to the corporation, 75 percent of its vaccination revenue was earned in countries other than the United States.

 

👉 The European Union has decided to take advantage of an option that would allow for the distribution of additional Pfizer vaccinations, boosting the total number of Pfizer doses that will be supplied in 2018 to more than 650 million.

 

👉 The comprehensive deal, which was finalized in the spring of 2018, stipulates the provision of up to 1.8 billion doses for the region between now and 2023.

 

👉 In the most recent earnings report that Pfizer has released, the company projected that vaccine sales will total $36 billion for the whole year of 2021.

 

👉 Pfizer is in no way limited to working just with coronaviruses as a business. The revenue report for the first nine months of the year reveals that the corporation has at least six products that have blockbuster revenue.

 

👉 In addition, the corporation reported that its sales for the third quarter, excluding the sale of the coronavirus vaccine, increased by 7 percent to more than 11 billion dollars.

 

👉 It is now working on 94 different initiatives, 29 of which are currently in phase 3, and nine of which are currently in the registration stage. This suggests that a fresh batch of products may be on our way in the not-too-distant future.

 

👉 This is significant since the patents for several of Pfizer’s best-selling drugs won’t be renewed after the middle of this decade.

 

👉 For example, the blood thinner Eliquis will no longer have patent protection after the year 2028. This is a normal occurrence in the life of a pharmaceutical company, which is why it is essential to maintain a robust product pipeline in order to compensate for patent expirations in the future.

 

👉 The company’s coronavirus vaccination program is responsible for the generation of billions of dollars in revenue for the business. It possesses a portfolio of blockbuster drugs that do not target coronaviruses and a comprehensive late-stage pipeline.

 

👉 The shares appear to be reasonably priced, and an investment in this major participant in the pharmaceutical industry will make it possible for you to get dividends as a source of passive income.

 

👉 The combination of these factors creates an excellent recipe for success not only this year but also in the years to come for traders in Kenya.

Best Brokers for Buying Pfizer Shares in Kenya

Exness

Overall Rating

Min Deposit

USD 10 / 1156 KES

Regulators

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

Trading Platform

MetaTrader 4 and MetaTrader 5

Crypto

Yes

Total Pairs

107

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

👉 Trading volume at Exness totals trillions of dollars, and the company has hundreds of thousands of active customers.

 

👉 The broker makes available to its customers a comprehensive selection of products, including Forex, Crypto, Metals, Energies, and many more. The broker that won the prize also offers a number of different account kinds, so it can accommodate the specific requirements of any trader.

 

👉 The fact that Exness allows for quick withdrawals is one of the features that the company is most pleased with. This broker claims that the withdrawal process takes no more than a few moments to complete.

 

👉 There is no need for any sort of manual processing, and withdrawals can be made at any time, including on the weekends. Exness provides free VPS hosting, which you may make use of if you want execution that is both quick and trustworthy. Your ability to trade will be protected from any problems that may arise thanks to the uninterrupted internet coverage.

 

AvaTrade

Overall Rating

Min Deposit

USD 100 / 11560 KES

Regulators

ASIC, FSA

Trading Desk

MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

👉 AvaTrade is a prominent participant in the global foreign exchange market and is a member of the AVA Group of companies. AvaTrade is one of the oldest online brokerages due to the fact that it was established in 2006.

 

👉 You may trade with complete assurance when you use AvaTrade because it is widely regarded as one of the most dependable and trustworthy online brokerages in the business.

 

👉 Numerous accolades, including “Best Customer Support,” “Best Alert System,” “Best Financial Derivative Trading Provider,” and “Best Forex Broker YEAR,” have been bestowed upon this business.

 

👉 The multitude of different trading platforms that are made available to customers is one of the most outstanding features offered by AvaTrade. There is literally something here for everyone, regardless of whether you are just starting out in trading or are a seasoned veteran of the industry.

 

HF Markets

Overall Rating

Min Deposit

USD 0 / 0 KES

Regulators

CMA, CySEC, FSC, FSCA

Trading Desk

MetaTrader 4 and MetaTrader 5, HFM Trading App 

Crypto

No

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

👉 There are a number of great reasons to pick HF Markets, some of which include its competitive spreads and commissions, choice of account types, enhanced charting, financial analysis tools, value-added functionality, and educational offers.

 

👉 Trading is compatible with MetaTrader 4 and 5 on desktop computers as well as mobile devices. In addition, the brokerage platform is equipped with its own custom app, which enables customers to monitor their watchlist of tradable assets, carry out technical analysis, and remain current on the most recent market news.

 

👉 Although this software allows traders to easily transition to MetaTrader 4 or 5, it does not presently offer trading as an in-app function at this time. Traders can move to MetaTrader 4 or 5 with only one click.

 

Tickmill

Overall Rating

Min Deposit

USD 100 / 11560 KES

Regulators

CySEC, FCA, FSA, FSCA, Labuan FSA

Trading Desk

Meta Trader 4

Crypto

Yes

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

👉 Tickmill provides a comprehensive assortment of assets and services to its customer base. Cyprus Securities and Exchange Commission (CySEC), Financial Conduct Authority (FCA), and Financial Sector Conduct Authority are the three organizations that oversee Tickmill’s operations within their respective geographical jurisdictions.

 

👉 In addition to a demo account, Tickmill provides its users with three distinct active account options. The minimum deposit that is required is the primary differentiating feature, despite the fact that different account types come with increasingly favorable trading circumstances.

 

👉 When an investor uses Tickmill for stock trading, the dividend adjustments on their long positions will be credited to their account, and when they short a stock, the corresponding costs will be immediately removed from their account.

 

FBS

Overall Rating

Min Deposit

USD 1 / 116 KES

Regulators

IFSC, FSCA (South africa), ASIC, CySEC

Trading Desk

MetaTrader 4, MetaTrader 5, FBS Trader – all in one mobile trading platform.

Crypto

Yes

Total Pairs

Islamic Account

No

Trading Fees

Low

Welcome Bonus

$140 (16 373 KESFind out More)

Account Activation Time

24 Hours

👉 The Foreign Exchange and Contracts for Difference (CFD) markets are both available for trading through FBS, an online broker.

 

👉 FBS is a global brand that can be found in over a hundred different countries. Customers of FBS have access to Margin FX and CFD trading opportunities through a network of independent enterprises that are brought together under the FBS brand name.

 

👉 For lightning-fast order fulfillment, FBS relies on a non-dealing desk (NDD) technology integrated with straight-through processing (STP). Clients have the option of accessing the markets via either of two different platforms once they have registered and logged in.

 

👉 FBS is a global foreign exchange broker that provides low minimum deposits, a selection of trading accounts that integrate MT4 and MT5, and an app called FBS Trader. This broker has competitive spreads, and both inexperienced and experienced traders will feel comfortable working with them.

Broker Comparison

🥇 Exness🥇 AvaTrade🥇 HF Markets🥇 Tickmill🥇 FBS
⚖️ RegulationFSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCACentral Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, FRSA, CySEC, ISAFSCA, CySEC, DFSA, FSA, FCA, FSC, CMA with registration in ACPR, BaFin, MNB, CONSOB, CNMV, FI, FMA, FSC, and other regionsSeychelles FSA, FCA, CySEC, Labuan FSA, FSCAIFSC, CySEC, ASIC, FSCA
📱 Trading Platform• MetaTrader 4
• MetaTrader 5
• Exness Terminal
• Exness Trader app
• AvaTradeGO
• AvaOptions
• AvaSocial
• MetaTrader 4
• MetaTrader 5
DupliTrade
• ZuluTrade
• MetaTrader 4
• MetaTrader 5
• Admirals Mobile App
• MetaTrader 4
• MetaTrader 5
• MetaTrader 4
• MetaTrader 5
• FBS Trader
• CopyTrade
💰 Withdrawal FeeNoNoNoNoYes
📊 Demo AccountYesYesYesYesYes
📈 Minimum Deposit4,100 KES11,400 KES550 KES11,400 KES100 KES
📈 LeverageUnlimited1:4001:10001:500Up to 1:3000
📊 SpreadVariable, from 0.0 pipsFixed, from 0.9 pips0.0 pipsVariable, from 0.0 pipsFrom 0.0 pips
💰 CommissionsFrom $0.1 per side, per lotNone$3 to $4$1 per side per 100,000 tradedFrom $6
🛑 Margin Call/Stop-Out60%/0%25%/10%• 40%/10%
• 50%/20%
100%/30%40%/ 20%
✴️ Order ExecutionMarketInstantMarketMarketMarket
💳 No-Deposit BonusNoNoNoYesYes
📊 Cent AccountsYesNoNoNoYes
📈 Account Types• Standard Account
• Standard Cent Account
• Raw Spread Account
• Zero Account
• Pro Account
• Standard Live Account
• Professional Account Option
• Micro Account
• Premium Account
• HFcopy Account
• Zero Spread Account
• Auto Account
• Pro Account
• Classic Account
• VIP Account
• FBS Cent Account
• FBS Micro Account
• FBS Standard Account
• FBS Zero Account
• FBS ECN Account
• FBS Crypto Account
💳 KES DepositsYesNoYesNoYes
👥 Customer Service Hours24/724/524/524/524/7
📊 Retail Investor Accounts51536
☪️ Islamic AccountYesYesYesYesYes

Best Mobile Apps to buy US Stocks in Kenya

👉 One of the most attractive areas to put your money in is in the stock market in the United States regardless of your investment strategy, level of experience, or financial ambitions.

 

👉 Traders in Kenya can now engage in the US stock market via their smartphones, tablets, iPads, and personal computers, thanks to advancements in technology.

 

XM Trading App

👉 Traders in Kenya who use the XM Forex Trading App have access to a wide variety of different methods for investing their money.

 

👉 They are able to trade a wide array of assets thanks to these opportunities. Indices, stocks, commodities, cryptocurrencies, and a wide range of other forms of stock and commodity investments are all examples of these types of assets.

 

👉 You will also obtain in-depth market analysis as well as trading guidance from industry professionals. Both of these aspects can assist you in making judgments regarding your trades that are better informed. The program comes equipped with both of these functionalities as standard.

 

HF Markets App

👉 As far as the HF Markets Trading App goes, it’s one of the most popular and effective trading tools available in Kenya.

 

👉 As long as traders have this mobile software loaded on their mobile devices, they can access their trading accounts from anywhere. Traders may use the app on any Android or iOS device, and it comes pre-loaded with a slew of useful features.

 

👉 The HF Markets Trading App is a strong and convenient tool for traders who want to stay on top of the market no matter where they are. Traders can keep up with the market no matter where they are thanks to this software.

 

👉 It has a wide range of tools that allow traders to carry out trades, process orders, and monitor the health of their accounts and investment goals. The platform’s users have access to these features.

 

Pepperstone cTrader App

👉 An excellent trading app that meets all of your needs in one easy package is offered by Pepperstone.com.

 

👉 Both experienced traders and novices alike will find it easy to use because it is packed with features and capabilities that appeal to both groups. Navigation is a snap because of an intuitive and well-designed user interface.

 

👉 All the tools you need, including advanced charting tools, real-time market data, and a wide variety of order types, are at your fingertips. The broker will grant you access to this information.

The Best Stock Brokers in Kenya

👉 This article includes a list of the top Forex brokers in Kenya that are able to facilitate stock trading for Kenyan traders. We have further determined which forex brokers provide additional services and solutions to traders, and we have listed them below.

 

Best stock trading MetaTrader4/MT4 Forex Broker in Kenya

Best stock trading MetaTrader4/MT4 Forex Broker in Kenya

👉 Overall, FP Markets is the best MT4 stock trading Forex broker in Kenya. FP Markets offers a free demo account whereby traders in Kenya can test out the platform features. FP Markets has low trading fees for stocks, Forex, and crypto.

 

Best stock trading MetaTrader 5 / MT5 Forex Broker in Kenya

Best stock trading MetaTrader 5 / MT5 Forex Broker in Kenya

👉 Overall, Axiory is the best stock trading MetaTrader 5 / MT5 Forex Broker. Axiory has a high trust score and is well-regulated in several jurisdictions. Axiory has competitive trading fees and is considered a dependable stock trading broker.

 

Best stock trading Forex Broker for beginners in Kenya

Best stock trading Forex Broker for beginners in Kenya

👉 Overall, Trade Nation is the best stock trading Forex broker for beginners. Trade Nation is well-regulated to offer a secure trading environment to beginner traders in Kenya. Trade Nation offers comprehensive educational resources for beginner traders.

 

Best stock trading Minimum Deposit Forex Broker in Kenya

Best stock trading Minimum Deposit Forex Broker in Kenya

👉 Overall, Exness is the best minimum deposit Forex broker in Kenya. Exness has a minimum deposit requirement of just $1. Exness offers an excellent Cent Account which will allow beginner traders to test their skills with a lower risk to their funds.

 

Best stock trading ECN Forex Broker in Kenya

Best stock trading ECN Forex Broker in Kenya

👉 Overall, OctaFX is the best ECN stock trading Forex broker in Kenya. OctaFX has a low minimum deposit requirement of USD50 and offers a high leverage ratio of 1:500. OctaFX offers access to copy trading on Forex, indices, commodities, and cryptocurrencies.

 

Best stock trading Islamic / Swap-Free Forex Broker in Kenya

Best stock trading Islamic / Swap-Free Forex Broker in Kenya

👉 Overall, Pepperstone is the best stock trading Islamic Forex Broker. Pepperstone has a high trust score and has very competitive trading fees. Pepperstone offers a free demo account that is available for 30 days.

 

Best stock trading Forex Trading App in Kenya

Best stock trading Forex Trading App in Kenya

👉 Overall, AvaTrade has the best stock trading forex trading app. AvaTrade offers copy trading capabilities in a highly regulated and secure trading environment. AvaTrade offers fast and streamlined account opening with no deposit fees.

 

Best stock trading Lowest Spread Forex Broker in Kenya

Best stock trading Lowest Spread Forex Broker in Kenya

👉 Overall, XM is the best lowest spread Forex Broker in Kenya. XM offers tight spreads that average at 0.6 pips. XM also offers commission-free trading on certain accounts and asset classes.

 

Best stock trading Kenyan Shelling Trading Account Forex Broker in Kenya

   Best stock trading Kenyan Shelling Trading Account Forex Broker in Kenya

👉 Overall, FXPesa is the best stock trading Kenyan Shelling Trading Account Forex Broker in Kenya. FXPesa offers a transparent ECN environment. FXPesa is regulated by the CMA and offers fast and secure deposits and withdrawals.

 

Best stock trading Nasdaq 100 Forex Broker in Kenya

Best stock trading Nasdaq 100 Forex Broker in Kenya

👉 Overall, Oanda is the best stock trading Nasdaq 100 forex broker. Oanda offers powerful trading platforms with comprehensive technical indicators. Oanda has an excellent API offer.

 

Best stock trading Volatility 75 / VIX 75 Forex Broker in Kenya

Best stock trading Volatility 75 / VIX 75 Forex Broker in Kenya

👉 Overall, Plus500 is the best stock trading Volatility 75 / VIX 75 Forex Broker. Plus500 has an excellent proprietary trading platform and is well-regulated in several jurisdictions.

 

Best stock trading NDD Forex Broker in Kenya

Best stock trading NDD Forex Broker in Kenya

👉 Overall, XTB is the best stock trading NDD forex broker. XTB guarantees ultra-fast trade execution on an award-winning trading platform. XTB offers access to more than 2100 markets with a transparent pricing environment.

 

Best stock trading STP Forex Broker in Kenya

Best stock trading STP Forex Broker in Kenya

👉 Overall, Tickmill is the best stock trading STP platform for traders in Kenya. Tickmill offers reduced prices across all of its asset classes alongside transparent and secure trading conditions. Tickmill offers access to MT4 with enhanced trading features.

 

Best stock trading Sign Up Bonus Broker in Kenya

Best stock trading Sign Up Bonus Broker in Kenya

👉 Overall, SuperForex is the best stock trading sign-up bonus broker. SuperForex has a fast and straightforward signup process with a low minimum deposit requirement of just USD1. SuperForex is well-regulated and offers professional technical customer support.

FAQ

How do I invest in Pfizer shares?

Traders in Kenya can invest in Pfizer shares by taking the following steps:

  • Educate yourself on Pfizer’s performance
  • Open an account with a regulated and reputable broker
  • Set up an appropriate investment budget
  • Purchase Pfizer stock through your investment account

 

Who owns Pfizer’s biggest stock?

Pfizer’s biggest shareholders consist of Frank A. D’amelio, John Douglas Young, Mikael Dolsten, Vanguard Group Inc., BlackRock Inc. (BLK), and State Street Corp. (STT).

 

Are Pfizer and Moderna the same?

While Pfizer and Moderna vaccines provide the same results, they are produced by two different companies.

 

Who is Pfizer merging with?

Pfizer has agreed to merge its off-patent drugs franchise, Upjohn, with Mylan. The merger will increase the projected revenues of both companies.

 

Is Pfizer a good dividend stock?

Yes, Pfizer earns enough to cover all of its dividend payments and has historically generated a strong dividend yield for investors.

Conclusion

👉 Now it is your turn to participate:

➡️ What inspired you to start trading forex?

➡️ What have your experiences been in trading forex?

➡️ Which risk management strategy can you share with other traders?

👉 Regardless, please share your thoughts in the comments below.

 

Addendum/Disclosure:

👉 No matter how diligently we strive to maintain accuracy, all financial markets feature a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

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