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GBM vs Hisa (formerly Chaka): fees, markets and protection

Facts for both companies from their official pages; each was checked on the date shown in its review.

Facts verified on October 18, 2026

Key differences

Only GBM lists Mexican Stock Exchange (BMV).
Only Hisa (formerly Chaka) lists Nigerian Exchange (NGX) and Nairobi Securities Exchange (NSE).
Only GBM is licensed by CNBV.
Only Hisa (formerly Chaka) is licensed by SEC Nigeria.
Only GBM supports SPEI for deposits and withdrawals.
Only Hisa (formerly Chaka) supports Bank transfer and M-Pesa for deposits and withdrawals.

Criterion	GBM	Hisa (formerly Chaka)
Rating	4.6/5 on other platforms 17.4K ratings	4.3/5 on other platforms 462 ratings
Regulators	CNBV	SEC Nigeria
Minimum deposit	MX$100	—
Markets	Mexican Stock Exchange (BMV), US exchanges (NYSE, Nasdaq)	Nigerian Exchange (NGX), Nairobi Securities Exchange (NSE), US exchanges (NYSE, Nasdaq)
Products	stocks, ETFs, fractional shares, bonds, funds	stocks, ETFs, fractional shares
US stock or ETF order	0.25% of the order	1% of the order
Deposits and withdrawals	SPEI	Bank transfer, M-Pesa
Founded	1985	—
Headquarters	Mexico	—
Investor protection	—	SIPC
Available only in	—	Nigeria, Kenya
	Read review	Read review

Which regulators license GBM and Hisa (formerly Chaka)?

GBM is licensed by CNBV; Hisa (formerly Chaka) by SEC Nigeria.