We make it hassle-free, fast, and easy to open your trading account
Frequently Asked Questions:
What are the requirements to open a account at Q8 Securities?
Civil ID for citizens and residents.
Passport for non-resident in Kuwait.
Documents, papers, and court verdicts stating that the person is allowed to represent the respective person.
Commercial license from the ministry of commerce & industry for companies and institutions incorporated in Kuwait, as well as the authorized signatories list, and for foreign companies and institutions, the documents issued by the respective authorities of the country where incorporated and to be consularized by the respective authorities in Kuwait.
Official proof of identity certified by the official authorities and relevant bodies and issuers of the customers who have not been mentioned above.
What is the minimum amount required to open an account?
There is no minimum to open an account.
What types of investments can I make?
Q8 Securities currently offers equities in Kuwait but is working towards a comprehensive and diverse selection of investment products. Allowing you to be able to trade stocks, options, ETFS, futures, forex, and CFDs in your account. Please note that investment options may vary in different account types.
Can I trade margin or options?
Not at the moment but we are working on it.
Do I earn interest on my account?
No, we do not pay interest on credit balances on your account
Are there any fees?
Commissions are calculated as directed by the Kuwait Stock Exchange on daily basis of the sum of trades as below.
0.125% for the first KWD 50,000
0.1% for the amount over KWD 50,000
The minimum amount for commission on trade in the market is KWD 2
The Kuwait clearing company charges equity settlement fee of KWD 0.500 per execution on trades with value above KWD 50.
Is there a subscription fee?
There is no subscription fee for our trading platform.
Is my account protected?
YYes, your account is protected by our security system and software.