Trade on DFM and Nasdaq Dubai: 3 Easy Steps to Get Started

If you're keen on diving into the world of trading and exploring opportunities in both DFM (Dubai Financial Market) and Nasdaq Dubai listed securities, you're in the right place. No matter where you're based, the process is simple and accessible. In just three easy steps, you can be on your way to making informed investment decisions.

Step 1: Appoint a Broker

The first crucial step is to obtain a DFM Investor Number (NIN), and you have multiple avenues to do so. One convenient method is through the DFM mobile app. Alternatively, you can reach out to a DFM licensed brokerage for assistance. Here's how:

- Select a Licensed Broker

Choose from a list of licensed brokers to carry out your buying and selling transactions. Each broker offers a unique set of products and services, so it's wise to contact them to understand what suits your needs.

- Explore Broker Options

Contact brokers to explore their offerings. Some brokers provide a seamless digital onboarding experience, making the process swift and user-friendly.

- View Brokerage Firms:

Take a look at the available brokerage firms to make an informed decision on which one aligns with your preferences and requirements.

Step 2: Start Trading

Once you've appointed a broker and obtained your NIN, you're ready to embark on your trading journey. Here's what you need to know:

- Trading Options:

Start trading through the options provided by your chosen broker. Whether it's through their mobile app or online platform, you have the flexibility to trade at your convenience.

- DFM Trading Hours:

Familiarize yourself with the trading hours to ensure you make timely and informed decisions. The DFM trading sessions are structured as follows: Pre-opening Session: 09:30 - 10:00 Trading Session: 10:00 - 14:45 Pre-closing Session: 14:45 - 14:55 Trading at Last: 14:55 - 15:00

Step 3: Track Your Portfolio

Monitoring your portfolio and trading activity is crucial for making informed decisions and staying updated on market trends. Here's how you can keep a close eye on your investments:

- Real-time Data:

Stay updated with the latest trades and price changes on DFM and Nasdaq Dubai listed securities through the DFM app or Market Watch.

- iVestor Card:

Apply for an iVESTOR card to access controls and online statements conveniently via the DFM app.

- Your Portfolio:

Track your stock portfolio and transactions instantly online with 24/7 access. View various types of statements with up-to-date information via the DFM app. In conclusion, with the accessibility of the DFM mobile app and licensed brokers, trading on DFM and Nasdaq Dubai is a straightforward process. Take advantage of real-time data, iVESTOR cards, and 24/7 portfolio tracking to make the most out of your trading experience. Get started today and explore the diverse opportunities these markets have to offer.