Hey, bank transfers are very expensive in Kenya, we prefer debit or credit card.bank transfer. Is this available at IBKR or any other broker?
Unfortunately, IBKR doesn’t provide a debit card option to most users (this is available only to US clients). There are a couple of brokers that are available in Kenya and provide debit card deposit options:
- Saxo Bank: https://brokerchooser.com/broker-reviews/saxo-bank-review (however, Saxo charges some fees to use debit cards as per this page: https://www.home.saxo/content/commentaries/mpu/product-update/changes-to-credit-and-debit-card-payment-fees-05072022)
- Admirals (this is mostly CFD/FX broker, but real stocks are available too): https://brokerchooser.com/broker-reviews/admirals-admiral-markets-review
- XM (this is mostly CFD/FX broker, but real stocks are available too): https://brokerchooser.com/broker-reviews/xm-review