FAB Account Types

First Abu Dhabi Bank (FAB) offers a range of trading accounts to cater to different investment needs. The primary types of accounts available include:

• Individual Trading Account: Designed for individual investors looking to trade in stocks, bonds, and other securities. This account provides access to local and regional capital markets.

• Joint Trading Account: Suitable for two or more individuals who want to share trading activities. This account allows multiple investors to manage their investments collectively.

• Corporate Trading Account: Tailored for businesses and organizations, this account facilitates trading on behalf of the company, allowing for efficient management of corporate investments.

• Shariah-Compliant Trading Account: This account adheres to Islamic finance principles, ensuring that all transactions comply with Shariah law.

• High Net-Worth (HNW) Trading Account: Specifically designed for high net-worth individuals, this account provides exclusive services and personalized investment strategies.

FAB Broker Account Opening Process

Opening a broker account with First Abu Dhabi Bank (FAB) is a straightforward process that can be completed online or in person. Here are the steps involved:

• Choose the Account Type: Determine which type of trading account suits your investment needs (Individual, Joint, Corporate, etc.).

• Visit the FAB Website: Go to the official FAB website or download the FAB mobile app.

• Fill Out the Application Form: Complete the online application form with your personal details, including:

• Full Name
• Nationality
• Emirates ID or Passport Number
• Contact Information
• Upload Required Documents: Depending on the account type, you may need to provide:
• Emirates ID (for UAE residents) or Passport (for non-residents)
• Proof of residence (e.g., utility bill)
• Employment details or proof of income (salary slip)

• Submit the Application: After filling out the form and uploading the necessary documents, submit your application for review.

• Account Approval: FAB will review your application. If approved, you will receive confirmation via email or SMS, along with your account details.

• Start Trading: Once your account is activated, you can begin trading through FAB's online trading platform or mobile app.

For more detailed information, you can visit the FAB Securities page here.