NBK Brokerage - Regional

• Fully customizable workspaces that can be saved for later usage (index panel, stock lists, columns, font, color, decimal places, themes, and much more.)
• A market map to grade stocks in the watch-list and full market views on important criteria like P/E ratio, market capitalization
• Advanced charting with ProChart including over 60 technical indicators. A scripting language to create custom indicators
• Create custom columns and indexes on the main board and be able to import and export them
• The Premium Platform is not available for Macintosh Operating Systems
• Download (for windows)
• 100% Secure

• Supports both Android and iOS systems
• Full and live market watch for all the Regional Markets and their segments
• Viewing top stocks, news and announcements
• Placing/cancelling/amending orders and monitoring the orders list
• Monitoring the portfolio (Cash and holdings)
• Transferring the available cash from trading portfolio to bank account

• Full and live market watch for all the Regional Markets and their segments
• Viewing top stocks, news and announcements
• Creating customized watch lists
• Placing/cancelling/amending orders and monitoring the orders list
• Monitoring the portfolio (Cash and holdings)
• Transferring the available cash from trading portfolio to bank account
• Payment using debit cards (K-Net service)
• Creating cash statements

Must haves

• A bank account

For individual accounts

• CID for Kuwait Residents/Passports for Non Kuwait Resident

For corporate accounts

• License
• Civil ID of Authorized Signatories and shareholders / partners holding 25% or more of the share capital
• Certificate of Board of Directors/ Authorized signatories and specimen signature Commercial Registration
• Memorandum and Articles of Association (most recent with all amendments)
• List of authorized traders and IDs

The Egyptian Exchange

• A copy of the passport signed by the holder
• A copy of Egyptian Civil ID. (For Egyptians only)
• An Egyptian bank account number in local currency
• (for Egyptian Nationals only)
• Personal trading number “Investor Number” in The Egyptian Exchange
• (if available)
• If not available: Watani Brokerage will do the necessary to obtain an “Investor Number”
• Complete and sign the Authorization letter to trade in The Egyptian Exchange (EGX).

Saudi Stock Exchange (For GCC Nationals Only)

• A copy of the passport or civil ID
• Personal trading number “Investor number” in Saudi Stock Exchange (if available)
• If not available: Watani Brokerage will do the necessary to obtain and “Investor Number”
• Complete and sign the Authorization letter to trade in Saudi Stock Exchange (TDWL)

To open an account

You can open your account online:
•  Save time and complete your brokerage account application online

Or by visiting the branch:
•  Visit your nearest branch to fill in and sign the Regional Brokerage Client Agreement application

•  Or download, print, fill in and sign the Client Agreement  application, then visit any NBK Branch to complete the process

For more information and inquiries, please contact NBK Brokerage at: 
1 803 111

From outside Kuwait please call:
+965 2224 6903

Send your questions at: support@brokerage.nbk.com

Contact NBK Brokerage

97144870 (WhatsApp service only for technical issues related to brokerage applications)

NBK Headquarters, Level 34, Jaber Al-Mubarak and AlShuhada Street, Block 7, Plot 6, Sharq, Kuwait
P.O. Box: 4950 Safat, 13050 Kuwait
 

Apply online

Check Related Documents

Prerequisite:

• A bank account

For Individual accounts:

• Valid Civil ID for Kuwait Residents/Passports for Non Kuwait Resident

For corporate accounts:

• License
• Civil ID of Authorized Signatories and shareholders / partners holding 25% or more of the share capital
• Certificate of Board of Directors/ Authorized signatories and specimen signature Commercial Registration
• Memorandum and Articles of Association (most recent with all amendments)
• List of authorized traders and IDs

The Egyptian Exchange (For Individuals):

• A copy of the passport signed by the holder
• A copy of Egyptian Civil ID (For Egyptians only)
• An Egyptian bank account number in local currency (for Egyptian Nationals only)
• Personal trading number “Investor number” in The Egyptian Exchange (if available)
• If not available : NBK Brokerage will do the necessary to obtain an “Investor number”
• Complete and sign the Authorization letter to trade in the Egyptian Exchange (EGX)

Saudi Stock Exchange (For GCC Nationals Only):

• A copy of the passport or Civil ID
• Personal trading number “Investor number” in Saudi Stock Exchange (if available)
• If not available: NBK Brokerage will do the necessary to obtain and “Investor number”
• Complete and sign the Authorization letter to trade in Saudi Stock Exchange (TDWL)

User ID will be sent  to the client's email and SMS along with the instructions.

Existing Clients:

• By filling and signing the request form to deposit/transfer shares, which can be collected from an NBK branch or from NBK Brokerage client relations officer. A civil ID is required.
• Forms are available at any NBK Branch or Online. 
• Expected processing time: Approx. 10 working days

Existing Clients:

• By filling and signing the request form to issue/transfer shares, which can be collected from any NBK branch or from NBK Brokerage client relations officer. A civil ID is required.
• Forms are available at any NBK Branch or Online. 
• Expected processing time: Approx. 10 working days

You can transfer funds to your online trading account through one of the following channels:

• Log in to NBK Online Banking, go to "Transfer Funds" and select "Transfer to NBK Brokerage – Regional Account", enter the amount, and click Submit.
• Log in to NBK Mobile Banking App, choose transfers, under Between My Accounts choose Investment Transfers then NBK Brokerage - Regional, choose the amount and currency, after that click on next then send.
• Call NBK call center at 1801801 and ask the officer to transfer funds from your NBK bank account to your NBK Brokerage - Regional account.
• On the trading website, choose Services then K-Net Payment.
• On the trading mobile app, choose K-Net payment under services in our main menu.
• Visit any NBK branch and transfer money to NBK Brokerage - Regional account 1000007860 IBAN KW34NBOK0000000000001000007860. Please make sure to include your name and NBK Brokerage trading account number in the transfer details.

Trading Website:

Go to 'Trade', then 'Transfer', choose the amount and click 'Submit'

NBK Brokerage Mobile Application:

Go to 'Portfolio', then 'Bank Transfer', choose the amount and click 'Submit'

Premium Platform:

Go to 'Customer', click on 'Withdrawal Request', then enter the amount, then click 'Submit'

COMMISSIONS

Boursa Kuwait:

• Premier market: 0.10% of trade value
• Main market: 0.15% of trade value
• Auction market: 0.30% of trade value
• Minimum commission will be 250 Fils for each executed trade
• Kuwait Clearing Company will charge a fee equals to 500 Fils for
  each executed trade equals to 50 KWD or more

Dubai (DFM) / Abu Dhabi (ADX):

• 0.30% × transaction amount

• 0.225% Abu Dhabi (ADX) × transaction amount

• Minimum commission is AED 65

• Additional ticket charge: AED 10 per trade
• Value Added Tax (VAT) is applicable to brokerage fees invoiced by our executing brokers and is currently levied at 5% by the tax authorities

NASDAQ Dubai (USD):

• 0.275% x transaction amount
• Minimum commission is USD 35
• Additional ticket charge: USD 3 per trade
• Value Added Tax (VAT) is applicable to brokerage fees invoiced by our executing brokers and is currently levied at 5% by the tax authorities

Saudi Stock Exchange (TDWL):

• 0.155% × transaction amount

Doha Securities Market:

• 0.36% × transaction amount

• Minimum commission is QAR 50

Muscat Securities Market:

• 0.50% × transaction amount

• Minimum commission is OMR 3.5

Bahrain Stock Exchange:

• 0.40% × transaction amount

• Minimum commission is
  BHD 10 for BHD trades
  USD 30 for USD trades

The Egyptian Exchange:

• 0.50% x transaction amount
• Minimum commission
  EGP 50 for EGP trades
  USD 10 for USD trades
• Additional:
  EGP 2 for each EGP executed trade
  USD 1 for each USD executed trade
• Annual custody fees of 0.01% of the value of the clients portfolio as of closing prices at dates 30 June and 31 December
• Annual Risk Insurance fees: as charged by the Risk Insurance Fund

MISCELLANEOUS FEES

Issue and Transfer Stocks Certificates:

• Kuwait : Issue and transfer stocks certificates fees 5 KD for each certificate
• Egypt : Custody transfer fees of 0.1% of the value of the transferred shares based on the previous closing price

• Kuwait - Free
• Saudi - KD 7
• Egypt - KD 4
• Dubai - KD 3
• Abu Dhabi - KD 3
• Doha - KD 3
• Muscat - KD 2
• Bahrain - KD 4.5
• NASDAQ Dubai - KD 1

MONTHLY EXCHANGE LIVE QUOTES FEES

PRO SUBSCRIPTION FEES

• 1 Month 15 KD
• 3 Months 45 KD
• 6 Months 90 KD
• 12 Months 150 KD

Through NBK Brokerage Website or Mobile Application:

On the login page, click on Forgot Password? Enter your ID number and Username then click Continue, enter the OTP that you’ll receive via SMS and then choose your new password

You can update your details in two ways:

Option 1: 
Update your information directly online through our digital form.
https://update.nbkwealth.com/

Option 2: 
Download and fill out the Personal Information Change Request Form, then:

Submit it at any NBK Branch or NBK Brokerage, or

Email it to client.relations@nbkwealth.com
 

STEP 1: Fill and sign a closing account form

Forms are available at any NBK Branch or Online.

Click here to download the Closing Account Form.

STEP 2: Portfolio transfers

Cash transfers:

• Transfer all brokerage account cash balances to your bank account

Share transfers:

• Boursa Kuwait listed shares: Submit request to issue share certificates (see link on share issuance above) or sell shares if any

• Non-Boursa Kuwait listed shares (i.e. GCC & MENA shares): Shares cannot be transferred, account will be kept open allowing you to only sell the shares and transfer funds to your NBK bank account

NBK Headquarters, Level 34, Jaber Al-Mubarak and AlShuhada Street, Block 7, Plot 6, Sharq, Kuwait
P.O. Box: 4950 Safat, 13050 Kuwait

For more information and inquiries, contact NBK Brokerage at: 1 803 111
From outside Kuwait: +965 2224 6903
WhatsApp: 97144870 (WhatsApp service only for technical issues related to brokerage applications)
Send your questions to: support@brokerage.nbk.com