Individual Account

Kuwaiti and GCC Citizens

• Civil ID - Kuwaiti Citizens
• National Identity ID - GCC Citizens
  
• Completed Application Form (KYC)
  
• Completed FATCA Form
  
• Completed CRS Form
  

Kuwait Residents

• Civil ID
• Passport Copy
  
• Completed Application Form (KYC)
  
• Completed FATCA Form
  
• Completed CRS Form
  

Non-Kuwaiti Residents

• Civil ID
• Passport Copy
  
• Completed Application Form (KYC)
  
• Completed FATCA Form
  
• Completed CRS Form
  

Non Residents (not located in Kuwait)

• Passport Copy or Travel Document

(must be attested by the official authorities in the country of origin)

• Completed Application Form (KYC)
• Completed FATCA Form
  
• Completed CRS Form
  

Dual/Multi Citizenship/Nationalities

• If the account holder holds dual or multi-citizenships - official document(s) of all citizenships/nationalities to be provided (must be attested by the official authorities in each nationality’s country of origin)

Delegation of Account (account is managed by person other than the applicant)

• Kuwaiti Citizens and Non Kuwaiti Residents – Power of Attorney attested by Kuwait official authorities and
• Non Residents - Power of Attorney (must be attested by the official authorities in country of origin)
  

Absence of Account Holder

If the account holder is not present at our Head Office to sign the Account Opening Form, the person who will sign on behalf of the account holder should present the following documents:

Kuwaiti Citizens, GCC and Non-Kuwaiti Residents

• Authorized signature of account holder (must be attested by official local authority/bank)

Non Residents

• Authorized signature of account holder (must be attested by official authority/bank in the country of origin)

Important:

• All required documents must have a valid expiry date when applying
• The Company may request additional documents and establish separate procedures to verify the identity of the Client and/or contact him.
  

Corporate Account

1. Companies Based in/Established in Kuwait

• Commercial License/Registration issued by the ministry
• Articles of Association and/or Memorandum of Association
  
• Amendments to Articles/Memorandum of Association
  
• Company Civil ID
  
• Board of Directors list presented in the form of Whom It May Concern letter
  
• Board of Directors decision letter addressed to Coast Investment and Development Company K.S.C.P letter authorizing the opening of a Coast Brokerage eTrade online trading account
  
• Authorized Signatories list presented in the form of Whom It May Concern letter
  
• Completed Corporate Application Form (KYC)
  
• Completed FATCA Form
  
• Completed CRS Form
  
• Completed AML Questionnaire (If applicable)
  

Important:

• Board of Directors and Authorized Signatories letters must be attested by Kuwait’s official authorities
• Copies of official personal documents for each member of Board of Directors
  

Kuwaiti Citizens and Non-Kuwaiti Residents

• Civil ID Copy
• Passport Copy
  
• Copies of official personal documents for each member of Board of Directors
  
• Signature verification for each Authorized Signatory attested by Kuwait’s official authorities/bank
  

2. Non Kuwaiti Companies

• Company License/Registration
• Articles of Association and/or Memorandum of Association
  
• Amendments to Articles/Memorandum of Association
  
• Board of Directors list presented in the form of Whom It May Concern letter
  
• Board of Directors decision letter addressed to Coast Investment and Development Company K.S.C.P letter authorizing the opening of a Coast Brokerage eTrade online trading account
  
• Authorized Signatories list presented in the form of Whom It May Concern letter
  
• Completed Corporate Application Form (KYC)
  
• Completed FATCA Form
  
• Completed CRS Form
  
• Completed AML Questionnaire (If applicable)
  

Important:

• Board of Directors and Authorized Signatories letters must be attested by official authorities in country of origin
• Passport Copy for each member of Board of Directors must be attested by official authorities in country of origin
  
• Signature verification for each Authorized Signatory must be attested by official authorities in country of origin
  
• All required documents must have a valid expiry date when applying
  

Yes. Coast Brokerage offers trading in major ETFs and ETNs.

Online Registration (will be available soon)

1. Select Open an Account from the main menu and then select Register Online 
2. Fill the online registration form
   
3. Complete registration at Coast Brokerage Head Office
   

Important:

1. Registering online is only a part of the registration process. You must visit Coast Brokerage Head Office in person to complete registration
2. A minimum of 300 KD must be deposited to activate the Coast eTrade online trading account.
   

For further information on payment methods please view “What are the accepted forms of payments to fund my eTrade online trading account?”

Download Application Form

Alternatively, you can open a Coast eTrade online trading account by selecting "Open an eTrade Account" on the Coast eTrade page or the Homepage to download the form.

Instructions:

• Select form by account type (Individual or Corporate)
• Print, fill and sign the KYC application form
  
• Visit Coast Brokerage Head Office with the original required documents in hand to complete the account opening process
• You must visit Coast Brokerage Head Office in person to complete registration

Head Office

Visit our Head Office where you will be welcomed by our Client Relations to open an Coast eTrade online trading account.

You can trade in multiple stock exchanges via a single Coast eTrade account.

You can commence trading after you have completed the full registration process and deposited the minimum amount of 300 KD.

A minimum of 300 KD (or its equivalent in USD, SAR, AED, OMR, QAR, BHD or its equivalent in shares) is required to open a Coast eTrade online trading account. This amount can be utilized to trade in all markets.

1. via K-Net at the Head Office or through Coast eTrade platform
2. Bank Transfer - list of local/international bank accounts available HERE. Please call our Brokerage Room +965 22233434 for more information
   
3. Online Transfer - Please add Coast Investment and Development Company - Clients Electronic as a beneficiary and transfer funds electronically
   
4. Cash deposits are not accepted
   

Important:

For Bank Transfers, please email deposit slips as an image to: cb@coast.com.kw with your Customer No. in additional comments/instructions field.

For Online Transfers, please take a screenshot of the confirmation and email the same.

You can withdraw funds from your Coast eTrade online trading account by the following means:

• Electronically via the Coast eTrade platform by submitting a Withdrawal Request and selecting Bank Transfer and following the instructions
• Cheque via the Coast eTrade platform by submitting a Withdrawal Request and selecting Cheque and following the instructions
  

For more information on deposits and withdrawals please see: Quick Guide on Coast eTrade page or Homepage

Coast Brokerage provides access to the following global stock markets:

1. Boursa Kuwait
2. Tadawul
   
3. Dubai Financial Market
   
4. Abu Dhabi Stock Exchange
   
5. Qatar Stock Exchange
   
6. Muscat Securities Market
   
7. Bahrain Bourse
   
8. Amman Stock Exchange
   
9. Egypt Stock Exchange
   
10. US Markets
    

Other stock markets are offered by clients demand:

BATS Europe – 15 Pan European markets which include:

1. UK
2. Germany
   
3. France
   
4. Spain
   
5. Turkey
   

• You can view your Account Holdings/Positions by clicking on Account Summary and Portfolio tabs on the main trading page.
• If you require an unofficial Account Holdings/Positions statement you can print it directly using the print tool on the page. 
  
• To obtain an official statement of Account Holdings/Positions, please contact Client Relations and we will be pleased to assist you.
  

Please click here and scroll down to view Markets Timings

The base currencies to trade online are Kuwaiti Dinars and US Dollars. However, you can trade in any currency respective to the market of interest by performing a currency conversion.

Boursa Kuwait has suspended Future/Forward contracts for now. Please visit this page regularly for updates.

You can place your orders via eBrokerage Room on +965 2223 3434 and our financial brokers will execute all your orders.

Coast eTrade clients are offered the choice between real-time and delayed data for stocks and indices for all offered markets. Clients can subscribe to real-time data per market or as a package (GCC package or US markets package)

Coast Brokerage eTrade uses state-of-the-art security measures when handling your information. Your personal information is encrypted and securely stored.

Fees and commissions can be viewed HERE.

Bonus Shares and Cash Dividends will be received on your behalf and will deposited in your Coast eTrade account.

Please call our eBrokerage Room on +965 2223 3434 and our financial brokers will execute the currency conversion for you.

• You can sign in by clicking here and enter your Coast eTrade Username and Password
• Alternatively, you can visit our website here and select Login to eTrade
  
• If you have forgotten your Password, please click on Forgot Password and follow the instructions to reset it