How does a foreign national, holding a Qatari ID invest in the Stock Market ? If anyone knows the Procedure, requirements, and Brokers with contact numbers , please enlighten.
Take your original Qatar ID and a photocopy of the ID to DSM office on the Bank street. Once you enter from the main gate you will see 'Customer Services' counters.. Just approach one of the counter and tell them you want to open and account. He will give you one form to fill your details and to pay QR.100 (you have to go to 1st floor to pay QR100 by CASH).
Once you have paid QR.100, they will give you your account number (Shareholder account number).
After DSM office you have to go to 'THE GROUP' who are the brokers. Their office is just oppt. Toyota Building.
In 'The Group' office you have to deposit some amount in Doha Bank Counter and submit the bank deposit receipt to the 'Customer Service' counter. They will register your 2 telephone numbers (mobile or landlines) from which you can do your shares trading, check market rates and buy or sell you share.
The Group website is here: http://www.thegroup.com.qa
Similarly there are other brokers, you can ask DSM Customer Services to give you list.
You can also apply for an online trading account. I think its a better option than the phone. Good luck, I think now's a good time to get into the market since we still bout 50% off our highs from last yr
You'll find everything you want to know at the Doha Securities Market (now Qatar Exchange) website:
www2.dsm.com.qa/pps/dsm/portal/Pages/DSM_Home
As for brokers, I've been using The Group and am quite happy with their services. They have an office in the DSM building, so you can open an account as soon as you've got your NIN number. Dlala is also supposed to be good, though I haven't used them myself.
You'll need an investor number with the Qatar Exchange on the bank street near Al Fardan, take your ID and apply there.Then when you have your investor number go to any brokerage group- The Group near Toyota signal near the airport is a good one.Open an account with them and then you can deposit money in your account and begin trading. Good luck.
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simply log on their website ... www.dsm.com.qa
or visit bank square or grand hamad street at corniche.
Well, it's very simple and easy....
Take your original Qatar ID and a photocopy of the ID to DSM office on the Bank street. Once you enter from the main gate you will see 'Customer Services' counters.. Just approach one of the counter and tell them you want to open and account. He will give you one form to fill your details and to pay QR.100 (you have to go to 1st floor to pay QR100 by CASH).
Once you have paid QR.100, they will give you your account number (Shareholder account number).
After DSM office you have to go to 'THE GROUP' who are the brokers. Their office is just oppt. Toyota Building.
In 'The Group' office you have to deposit some amount in Doha Bank Counter and submit the bank deposit receipt to the 'Customer Service' counter. They will register your 2 telephone numbers (mobile or landlines) from which you can do your shares trading, check market rates and buy or sell you share.
The Group website is here: http://www.thegroup.com.qa
Similarly there are other brokers, you can ask DSM Customer Services to give you list.
That's all :-)
All the best.
can you tell how is the minimum amount to join the DSM.
hey man i lost 25000 in 5 month main reason they nt show you chart so trader dont know where price moving
You can also apply for an online trading account. I think its a better option than the phone. Good luck, I think now's a good time to get into the market since we still bout 50% off our highs from last yr
Thanks
DONT EVER GO FOR ISLAMIC SECURITIES,VERY BAD SERVICES N MOST IMPORTANT THEY DONT SPEAK ENGLISH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
dont forget to bring 100qr for registration fee..id/copy id..and PEN!
Dear,
You have to open a account in DSM and Broker.I belive The Group is best broker in qatar tele 4444444
You'll find everything you want to know at the Doha Securities Market (now Qatar Exchange) website:
www2.dsm.com.qa/pps/dsm/portal/Pages/DSM_Home
As for brokers, I've been using The Group and am quite happy with their services. They have an office in the DSM building, so you can open an account as soon as you've got your NIN number. Dlala is also supposed to be good, though I haven't used them myself.
www.thegroup.com.qa
www.dlalaholding.com
Happy investing
You'll need an investor number with the Qatar Exchange on the bank street near Al Fardan, take your ID and apply there.Then when you have your investor number go to any brokerage group- The Group near Toyota signal near the airport is a good one.Open an account with them and then you can deposit money in your account and begin trading. Good luck.