Standard Investment Bank wins e-forex trader award

A forex bureau in Nairobi. FILE PHOTO | NMG

Standard Investment Bank (SIB) has been feted for allowing Kenyan investors to buy precious metals such as gold, silver and copper as well as invest in US stock exchanges through its platform.

The investment firm was declared the best online forex trader during the recent Digital Tech Excellence awards — which recognised digital solutions that impacted positively on investors’ wealth. The Capital Markets Authority (CMA) granted SIB the first money manager licence, which allows the firm to invest offshore in forex and commodities on behalf clients in its product dubbed Mansa X.

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