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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.
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:
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.
Explore broker markets account types: forex/trading accounts with demo access.