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Boubyan Brokerage



Boubyan Brokerage

Boubyan Capital’s Brokerage offers wide-ranging online brokerage services for investors by providing direct online access to the capital markets of Kuwait and the GCC through one account.

Visit Boubyan Brokerage Webpage

The Boubyan Brokerage Difference

One Account - 7 Markets

  • Online trading access to the stock markets of Kuwait and the GCC through one account and a single screen 
  • Real time stock prices
  • Market watch screens
  • Favorite lists
  • Advanced charting and portfolio analysis tools
  • Intra-day charting and historical charts
  • Live portfolio valuations
  • Portfolio view by holdings
  • Trade history
  • P&L on each position
  • Trade details on screen as they happen

One Bank - One Relationship

  • Boubyan customers benefit from the synergies of having their bank account and brokerage account under the same umbrella of services
  • Continuity of the banking relationship and extending it to brokerage
  • Fast transfer of funds to/from Boubyan Bank accounts from/to brokerage account via Internet Banking, K-net, phone or Boubyan branches

Brokerage Services

  • One-on-one illustrations of the trading services are available upon the client request.
  • Clients are informed about upcoming AGM’s and Boubyan Brokerage prepares invitations on their behalf upon request
  • Collection of dividends & bonus shares and depositing them in client’s brokerage account
  • Subscription to capital increases
  • Dedicated customer service center via 1 803 800

*Some of the services mentioned above are subject to additional fees

As we are always seeking to track the latest technologies and provide an alternative channel of trading to satisfy your needs, now if you’re an existing Brokerage customer, you can use the new Boubyan Brokerage App to trade in seven different regional markets that include Kuwait, Saudi Arabia, Qatar, Bahrain, Oman, and UAE on your iOS or Android smartphone.

Download:

AppleStore.png AndroidPlay.png

Boubyan Brokerage App Features:

  • View/amend/cancel buy and sell orders easily
  • View portfolio details and account summary
  • Instant market quotes, charts, and information (click here to view the Prices & Fees table)
  • Get the latest news and announcements (click here to view the Prices & Fees table)
  • Customization and management of watch-lists
  • Set stock-specific alerts
  • Easy to use, trade, search, and navigate anytime and anywhere
  • View real-time market data

How Can You Operate the App?

  • You must have a Boubyan Brokerage account to use the App
  • Download Boubyan Brokerage App from the App Store or Google Play and login using your username and password
  • Before using the App for the first time, contact Boubyan Brokerage at 1803800 to activate the mobile access

Prices & Fees:

No additional fees for using the App. Only standard Boubyan Brokerage fees are applied for trading and other trading-related transactions (detailed below):

 

Transaction Fees

Market

Fee

Minimum

Kuwait

0.125% of the trade amount (for amounts less than KWD 50,000)

 

0.1% of the trade amount (for amounts more than KWD 50,000)

 

KWD 0.500 for each executed trade equals to KWD 50 or more

KWD 2

UAE

0.3% of the trade amount

 

Additional ticket charge: AED 10 per trade

AED 65

Nasdaq Dubai (USD)

0.275% of the trade amount

 

Additional ticket charge: USD 3 per trade

USD 35

Saudi Arabia

0.155% of the trade amount

 

Qatar

0.35% of the trade amount

QAR 50

Oman

0.50% of the trade amount

OMR 3.5

Bahrain

0.40% of the trade amount

BHD 10 for BHD trades

 

USD 30 for USD trades

Viewing real-time market information

Kuwait

Free

 

Saudi Arabia

KD 7

 

Qatar

KD 3

 

Oman

KD 2

 

Bahrain

Free

 

Abu Dhabi

KD 3

 

Dubai

KD 3

 

Nasdaq Dubai

KD 1

 

Share certificate(s)

Deposit/ Request share certificate(s)

KD 5

 

Cash Withdrawal

Cash withdrawal of less than KD 100

KD 5

 

 

Business Rules:

There are no specific rules to use Boubyan Brokerage App on smartphones, only standard Boubyan Brokerage rules are applied for trading and other trading-related transactions (detailed below):

Service

Requirement

Boubyan Brokerage Account

A complete brokerage account opening form YMC World Check Civil ID copy A Boubyan account (any type) 21 years of age or older KD 5,000 (in cash or shares) must be transferred to activate the account

Companies that can be traded

Only Shari’a complaint stocks can be traded

Market Restrictions

Market specific restrictions apply Market nationality restrictions apply

Money Transfers

See FAQ’s below

FAQs:

  • How can I find the App on the App Store/ Google Play?

Search for: Boubyan or Boubyan Brokerage.

  • Can I download the App on different iOS or Android devices (Phones, tablets, etc.)?

Yes, it is possible, but only on these two operating systems.

  • How can I activate the App?

For the first time, you must contact Boubyan Brokerage at 1803800 to activate your mobile access first, and then log into the App using your online trading username/password.

  • Are all markets activated immediately?

Trading activities across all six markets are allowed by default. However, you will only have access to the Kuwaiti market data and charts, information on other markets must be added by calling 1803800. (Additional market fees may apply)

  • How can I switch the view from one market to another?

Instructions are shown below:

Instructions.PNG

  • Are the transactions over the App secure?

Yes, all transaction done through the mobile App are secure. The username/password are required to log into the App and the trading password will be required for placing orders.

  • How long will it take to process the orders?

All orders will be processed in real-time; there is no time lag between the online trading platform and the mobile application.

  • How can I transfer funds between my bank account and the Brokerage account?

Money transfers to and from the Brokerage account can only be done through Boubyan Online Banking or Boubyan Online Brokerage:

  • Transfers from Bank Account to Brokerage Account:
  • BBYN Online - Brokerage Account
  • BBYN App - Brokerage Account
  • BBYN Branch - Brokerage Account
  • Transfers from Brokerage Account to Bank Account:
  • Online Brokerage - Bank Account
  • Brokerage Call center (1803800) - Bank Account
  • Currently, it is not possible to transfer money to the account through the Brokerage Application.
  • What are the App’s key features?
  • View/amend/cancel orders.
  • View portfolio details and account summary.
  • Instant market quotes, charts, and information (please refer to the Prices &Fees table)
  • Get the latest news and announcements (please refer to the Prices & Fees table)
  • Customization and management of watch-lists.
  • Setting stock-specific alerts.
  • Easy to use, trade, search, and navigate.

 

 

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