Regional Markets - Sharia

• 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
• Creating cash statements

Must haves

• A bank account

For individual accounts

• A copy of the passport signed by the holder
• 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”

For corporate accounts

• Corporate license
• Commercial registration
• Memorandum and articles of associations including all amendments, if any
• Company’s authorized signatory list along with specimen signatures
• Authorized Signature
• Civil ID of the authorized signatories
• Authorized traders list along with specimen signatures

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

• Visit NBK Wealth Brokerage office at NBK Tower, Ground Floor, or any of NBK branches, to complete and sign the Application Pack – For Electronic Trading
• Download and print The Application Pack – For Electronic Trading. Fill and sign the application and then visit NBK Wealth Brokerage office at NBK Tower, Ground Floor, or any of NBK branches to complete the account opening process

Check Related Documents

Prerequisites:

• A bank account
• A minimum of 5,000 KD in cash or shares

For Individual accounts:

• Civil ID or Passport

For corporate accounts:

• Corporate license
• Commercial registration
• Memorandum and Articles of Associations including all amendments, if any
• Company’s authorized signatory list along with specimen signatures
• Authorized Signature
• Civil ID of the authorized signatories
• Authorized traders list along with specimen signatures

The Egyptian Exchange (For Individuals):

• A copy of the passport signed by the holder
• 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”

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)

Complete and Sign the Applications Pack – For Electronic Trading    

Procedure:

Watani Brokerage Application accounts are available and can be made

• At any NBK branch
• By visiting the dedicated
  Customer Service Representatives at
  NBK Tower, Sharq Area, Jaber Al-Mubarak & Al-Shuhada Street
  Floor 34

After the application gets approved, User ID and password are issued and collected either from your local NBK Branch (in 2 days) or from the Client Relations Officer at Watani Brokerage (in 1 day).

You will receive your user ID, login password and trading password either:

• By visiting your local NBK Branch
• Or visiting our offices at NBK Tower – Floor 34

You can access your account through our website

Existing Clients:

• By signing 2 security deposit request forms, which can be collected from an NBK branch or from Watani Brokerage client relations officer. A civil ID is required.
• Forms are available at any NBK Branch, Watani Brokerage Office or Online. Click this to download the form.
• Expected processing time : Approx. 10 working days

Existing Clients:

• By signing 2 security issuance request forms which can be collected from an NBK branch or from Watani Brokerage client relations officer. A civil ID is required.
• Forms are available at any NBK Branch, Watani Brokerage Office or Online. Click this to download the form.
• Expected processing time : Approx. 10 working days

Transfer to our Boubyan Bank Acount Number 150479001
IBAN Number: KW15BBYN0000000000000150479001

Trading Website:

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

Watani 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 put 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

• 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% × 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 % × 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 Watani 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

STEP 1 :

Fill and sign a Personal Information Change Request Form either at Watani Brokerage or at any NBK branch

STEP 2 :

Forms are available at any NBK Branch, Watani Brokerage Office or Online

Click here to download the Personal Information Change Request Form.

Send the form to cruupdate@nbkcapital.com

STEP 1: Fill and sign a closing account form

Forms are available at any NBK Branch, Watani Brokerage Office 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:

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

Contact Watani Brokerage

 1803111
 brokerage@nbkcapital.com
 97144870 (WhatsApp, only for technical issue related to brokerage applications)

Location: NBK Tower, Sharq Area, Jaber Al-Mubarak & Al-Shuhada Street
Floor 34, Block 7, Plot 6
Safat 13050, Kuwait