Emirates NBD Securities Account Type

　　Emirates NBD Securities offers a variety of brokerage account types to cater to the diverse needs of individual and corporate clients. The primary account types include:

• Individual Accounts: Designed for UAE residents and non-residents, these accounts allow individuals to trade in UAE and KSA stock markets.
• For UAE Residents:
• Required documents: Original passport with visa page, Emirates ID, and self-attested national ID card from the origin home country (for Saudi stock exchange only).
• For Non-UAE Residents:
• Required documents: Original passport, national ID card (e.g., driving license or labor card), utility bill for proof of address, and self-attested national ID card from the origin home country (for Saudi stock exchange only).
• Corporate Accounts: Tailored for businesses, these accounts enable trading on behalf of the company.
• Required documents: Memorandum & articles of association, trade license, commercial registration, registration with the chamber of commerce, list of current board members, authorized signatory letter, and list of shareholders (with details of shareholders holding more than 5% shares).

　　

Emirates NBD Securities Broker Account Opening Process

　　Opening a brokerage account with Emirates NBD Securities is a straightforward process that involves several steps:

• 　　Visit a Branch: Clients must visit any Emirates NBD branch to initiate the account opening process.

• 　　Prepare Required Documentation: Gather all necessary documents based on the type of account being opened (individual or corporate).

• 　　Complete the Application: Fill out the brokerage account opening form:

• For Individuals: Use the brokerage account opening form for individuals.
• For Corporates: Use the brokerage account opening form for companies.

• 　　Submit the Application: Submit the completed application along with the required documentation to the bank representative.

• 　　Account Verification: The bank will verify the submitted documents, which may take a few working days.

• 　　Account Activation: Once approved, clients will receive their account details and can start trading in UAE markets.

　　For more information and to begin your application, visit Emirates NBD Securities.