Frequently Asked Questions
How do I open an account?

You can fill a copy of our account opening form online and upload your International Passport or driver's licence you can also upload, Utility Bill confirming your address. You can open an account for individual and company. Or simply send an email to customercare@morgancapitalgroup.com.

After Opening an account, what next?

Upon submission of your form, you will receive an automated email with information on how to pay into the client's account, after payment into the account you will get a CSCS account number and start trading.

What are your fees?

Our fees is a flat rate of 0.25% for transations executed for All clients (Retail & Institutional)

Can I transfer my account from my present Stock broker to MorganCapital?

Yes you can transfer your account from one stock broking house to another. This has been made very easy by the CSCS, and this happens at no cost. All you have to do is contact info@morgancapitalgroup.comand a sample of a stock transfer letter will be sent to you to adopt. Once we receive the instruction from you, we will initiate the transfer through the CSCS at no cost whatsoever.

What if I want to open an account with MorganCapital and still maintain my current stockbroker?

You may maintain your existing stockbroking a/c while we open a new one for you, using the same CHN (Clearing House Number), but different a/c number with the CSCS.

Who will manage my account?

MorganCapital has effectively put your stock account in your palms. With the web access you get as a client, YOU are absolutely in charge of managing your account. In this age of Iphones, blackberry, Ipad, android, etc you can manage the activity in you stock account from anywhere in the world at any time of the day once you have access to the internet.

How do I monitor the stock market and know the gainers and losers?

A Daily Price List of the Nigerian Equities is sent to all clients, a weekly league of top equities is sent to all clients.

I am new in the Capital Market and don't know how to go about stock selection

Our research team gives free subscription to our Weekly Top 5 Nigerian Equities League which presents investors, (prospective & existing, local & foreign) with insights on the Nigerian Equities market and a chance to position themselves in companies that are most likely to return good value on their investments. Investors are also exposed to a detailed equity comment each week where our analysts dig deep to highlight the bases for our conclusions and consequent expectations from any of the companies on our coverage.

How do I place a buy and sale order?

You can place your buy or sale order online, through your online account access and you can also make orders through email.

I am not in Nigeria; can I open an account with MorganCapital?

Yes, you can have an account with MorganCapital and be very active from any part of the world. MorganCapital is already servicing some clients in the UK, US, Australia and some other countries abroad even clients in the oil and gas sector who send their time in the deep sea manage their stock account as far as they have access to the internet.

How do I know that my order has been executed?

You will receive an automated, system generated and system-sent email of your contract notes before 4pm of anyday a trade is executed on your behalf.

Can I access your research archive?

Yes you can access MorganCapital's research report but you must be a client. a Particulars, Email Mandate forms)

Can I transfer my account from my present Stock broker to MorganCapital?

Yes you can transfer your account from one stock broking house to another. This has been made very easy by the CSCS, and this happens at no cost. All you have to do is contact info@morgancapitalgroup.comand a sample of a stock transfer letter will be sent to you to adopt. Once we receive the instruction from you, we will initiate the transfer through the CSCS at no cost whatsoever.

What if I want to open an account with MorganCapital and still maintain my current stockbroker?

You may maintain your existing stockbroking a/c while we open a new one for you, using the same CHN (Clearing House Number), but different a/c number with the CSCS.

Who will manage my account?

MorganCapital has effectively put your stock account in your palms. With the web access you get as a client, YOU are absolutely in charge of managing your account. In this age of Iphones, blackberry, Ipad, android, etc you can manage the activity in you stock account from anywhere in the world at any time of the day once you have access to the internet.

How do I monitor the stock market and know the gainers and losers?

A Daily Price List of the Nigerian Equities is sent to all clients, a weekly league of top equities is sent to all clients.

I am new in the Capital Market and don't know how to go about stock selection

Our research team gives free subscription to our Weekly Top 5 Nigerian Equities League which presents investors, (prospective & existing, local & foreign) with insights on the Nigerian Equities market and a chance to position themselves in companies that are most likely to return good value on their investments. Investors are also exposed to a detailed equity comment each week where our analysts dig deep to highlight the bases for our conclusions and consequent expectations from any of the companies on our coverage.

How do I place a buy and sale order?

You can place your buy or sale order online, through your online account access and you can also make orders through email.

I am not in Nigeria; can I open an account with MorganCapital?

Yes, you can have an account with MorganCapital and be very active from any part of the world. MorganCapital is already servicing some clients in the UK, US, Australia and some other countries abroad even clients in the oil and gas sector who send their time in the deep sea manage their stock account as far as they have access to the internet.

How do I know that my order has been executed?

You will receive an automated, system generated and system-sent email of your contract notes before 4pm of anyday a trade is executed on your behalf.

Can I access your research archive?

Yes you can access MorganCapital's research report but you must be a client. a Particulars, Email Mandate forms)

-->
© 2013 MorganCapital Securities (Nigeria) Limited. All rights reserved. AUTHORIZED, LICENSED and REGULATED by the Nigerian Securities & Exchange Commission as Issuing House/Financial Advisers & Brokers/Dealers. Dealing Member of The Nigerian Stock Exchange; also accredited as Designated Adviser by the NSE. Not all products or services offered by MorganCapital are available in the United States. Privacy Policy | Terms of Use

Connect with us: