Coast Brokerage stands at the forefront of online trading, delivering a leading-edge trading platform that is engineered to meet the diverse needs of modern traders in US markets. Our commitment to excellence is reflected in the wide array of features and functions we offer, making your foray into the financial markets a seamless and informed journey.

https://www.clientam.com/en/index.php?f=16044&ns=T&conf=am&wbid=COAST24

https://www.clientam.com/en/index.php?f=16040&ns=T&conf=am&wbid=COAST24

https://www.interactivebrokers.co.uk/sso/Login?partnerID=COAST24

FEATURES

QUICK GUIDE

Coast Brokerage

also offers our clients the ability to trade the Global Markets online along with multiple order management facilities, carry out portfolio evaluations and numerous other value-added features and functions.

FAQ

FEES & COMMISSIONS

LOGIN TO BROKERAGE

OPEN AN eTRADE ACCOUNT

  • Order placement to buy/sell/amend/cancel market and limit orders
  • High security with One-Time-Password (OTP) generating system
  • Access fast loading Intraday and historical charts
  • Custom and Smart Watch-lists to keep track of your favorite stocks
  • Watch-list chart to analyze the market compared with average volume and percentage change
  • Watch-list grid to place orders rapidly
  • Global Market Summary to monitor price movement of key Market Indices, Commodities & Currencies
  • Top Stocks including gainers, losers and most active stocks
  • Status panel to get updated about your trading status and the portfolio valuation
  • Order list to view recent orders and search for historical orders
  • Portfolio summary to analyze your portfolio and manage your portfolios
  • Account Summary to analyze your account balance buying power
  • Trading alerts to notify you about your trading account activities
  • Request facility to deposit, withdraw and transfer cash between portfolios
  • Detailed quote for symbols, giving you a snapshot of a symbol’s performance
  • Market depth information by price and order
  • Time & Sales details to track in-depth trade information
  • Real-time announcements as released by exchanges
  • Bi-lingual selection options to setup in English or Arabic
  • Market moving news released by global news sources
  • Profile management to keep your profile secure and updated
  • Help Guide on platform to assist you to use the trading platform
  • Cash & Holding Statements with details on your cash and holdings

KEEP TRACK OF YOUR PORTFOLIO

View P&L, cash and stocks positions in real time. Anytime. Anywhere.

REAL-TIME MARKET DATA

Access market data from exchanges in real-time which includes indices, stocks

FAST EXECUTION

Trading online, a fraction of a second can mean the difference between a profit and a loss. Our Coast Brokerage trading system and Brokerage team bring you the highest level of expertise and as a Coast Brokerage client, your self-directed orders will receive the best possible trade execution.

ACCOUNT PROTECTION

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

CLIENT RELATIONS

At Coast Brokerage, our clients satisfaction is paramount. You will receive the finest level of client services from our personnel who are dedicated to servicing your needs and requests.

TECHNICAL SUPPORT

Our expert Technical Support team are keen and committed to resolving all technical issues you may encounter quickly and efficiently.

 

AGM 2024

Farewell to Mr. Sherif Amer retiring after 30 years of service with the company. June 30, 2023

Management committee meeting

ANNUAL GENERAL MEETING FOR THE YEAR 2022

AL-WATAN DAILY-KUWAIT: INTANGIBLE ASSETS?

STRUCTURED PRODUCTS-LONDON: LYXOR AM LAUNCHES FIRST ETF ON GULF REGION

ARABIAN BUSINESS-UAE: FTSE PLANS GULF REGIONAL STOCK INDEX BY YEAR-END

EURO MONEY-LONDON: FIRST GULF ETF

  • Copyright © 2024 COAST. All Rights Reserved.
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QUICK GUIDE

  1. Sign in to your Coast eTrade online trading account
  2. Select Settings
  3. Select Tour Guide
  4. Follow the tutorial by clicking Next
  5. End the tutorial by clicking Skip
  1. Select Trade (left tabs menu)
  2. Select Order Ticket (bottom left workspace)
  3. Enter Symbol (NBK, ZAIN)
  4. Enter Order Type (Ex. Limit, Market)
  5. Enter Order Duration (ex. GTD, GTC)
  6. Enter Quantity (Ex. 1,000 – 15,213)
  7. Enter Price (Ex. 788)
  8. Enter Action (Ex. Buy, Sell)
  9. Review Order Details
  10. Place Order

You can also place an order by selecting the miniature options icon next to a symbol on your Watch List where a dropdown menu will appear.

  1. Select Trade (left tabs menu)
  2. Order List (bottom left workspace)
  3. Search for the order(s) you want to cancel (you can filter your search)
  4. Select (X) for the order(s) you want to cancel
  5. Review Cancelation request
  6. Cancel Order
  1. Select Trade (left tabs menu)
  2. Select Order List (bottom left workspace)
  3. Search for the order(s) you want to amend (you can filter your search)
  4. Select (pen) icon for the order(s) you want to amend
  5. Review Amendment request
  6. Confirm Amendment
  1. Select Trade (left tabs menu)
  2. Select Order List (bottom left workspace)
  3. Filter Search by:
    • Account no. (ex. P000273662-KWD)
    • Order Side (Buy/Sell)
    • Order Status (ex. Filled, Partially Filled)
    • Group (ex. Symbol, Exchange)
  4. A list of all your orders will appear
  1. Select Trade (left tabs menu)
  2. Select Account Summary (bottom left workspace)
  3. Filter Search by:
    • Portfolio (Account#)
    • Currency (KWD, AED)
    • Order Status
    • Group (ex. Symbol, Exchange)
  4. A list detailing your Account Details will appear
  1. Select Trade (left tabs menu)
  2. Select Order Search (bottom left workspace)
  3. Filter Search by:
    1. Portfolio (Account#)
    2. Order Status (ex. Filled, Partially Filled)
    3. Order No. (ex. 17V160001395)
    4. By Period (from date – to date)
  4. A list of your Orders will appear with the following details:
    1. Symbol (ex. AAPL, NBK)
    2. Exchange (ex. NSDQ, BK)
    3. Symbol Name (ex. Apple, NBK)
    4. Status (ex. Filled, Partially Filled)
    5. Side (ex. Buy/Sell)
    6. Price (ex. 135.52, 788)
    7. Type (ex. Limit, Market)
    8. Quantity (ex. 1,500 – 20,500)
    9. Time in Force (ex. GTD, GTC)
    10. Filled Qty. (ex. 1,850, 12,321)
    11. Avg. Price (ex. 129.3, 779)
    12. Order no. (ex. 17V160001821)
    13. Order Date & Time (ex. 16/10/17, 13:16:09)
    14. Expiry Date (ex. 16/10/17)
    15. Intraday (ex. Yes, No)
  1. Select Alerts (left tabs menu)
  2. Select Create (bottom right workspace)
  3. Enter Symbol (ex. ZAIN, AAPL)
  4. Enter Field (ex. Last Price, % Chg.)
  5. Enter Operator (ex. At or Above, At or Below)
  6. Enter Trigger Value (ex. 788, 0.34)
  7. Add Alert

An alert will sound when selected parameters are reached.

  1. Select Trade (left tabs menu)
  2. Select View Alerts (bottom left workspace)

A list of all added alerts will appear.

  1. Electronic – K-Net
  2. Bank Transfer
  1. Select Trade (left tabs menu)
  2. Select Requests (bottom left workspace)
  3. Select Withdrawal
  4. Select Portfolio (account #)
  5. View current holdings details
    1. Cash (total cash)
    2. Blocked Amount (amounts blocked against active Buy orders)
    3. Accrued Margin Interest (currently not offered by Coast Brokerage)
    4. Unsettled Sales (Sell settlements)
    5. Available Balance for Withdrawal (amounts authorized for withdrawal)
  6. Select Payment Method
    1. Bank Transfer (electronic bank transfer)
    2. Cheque
  7. Select Currency (KWD, USD, AED etc.)
  8. Select Withdrawal Date (ex. 16/10/17)
  9. Enter Amount (ex. 5,200)
  10. Select Bank Account (registered by client on Coast eTrade online trading account)
  11. Select Account No. (bank account no. registered by client on Coast eTrade online trading account)
  12. Submit Request
  1. Select Trade (left tabs menu)
  2. Select History (bottom left workspace)
  3. Filter Search by:
    1. Type (ex. Deposits, Withdrawals)
    2. Status (ex. Approved, Pending etc.)
    3. Portfolio (All or by Account #)
    4. By Period (from date – to date)

A list of all funds requests will appear.

  1. Select Trade (left tabs menu)
  2. Select Account Statement (bottom left workspace)
  3. Filter Search by:
    1. Portfolio (ex. P000273662-KWD)
    2. Statement Type (Cash Statement, Holding Statement)
    3. Month (2017-Oct)
    4. Download Statement
  1. Select Trade (left tabs menu)
  2. Select Watch List (top left workspace)

Filter Search by:

  1. Watch List Name (ex. BK Full Market)
  2. Sector (ex. Banking)
  3. Market Type (ex. Regular, Forward)
  1. Select Trade (left tabs menu)
  2. Select Watch List (top left workspace)
  3. Select Options tab
  4. Select Edit Watch List to edit an existing list
  5. Select Click here to create new Watch List to create a Watch List
  6. To save a new or edited Watch List select the Save icon
  1. Select Trade (left tabs menu)
  2. Select Watch List (top left workspace)
  3. Select Options tab
  4. Select Settings
  5. Remove/Add desired columns
  1. Select Trade (left tabs menu)
  2. Select Watch List (top left workspace)
  3. Select Watch List Chart
  1. Select Trade (left tabs menu)
  2. Select Watch List (top left workspace)
  3. Select Watch List Grid
  1. Select Chart (left tabs menu)
  2. Enter Symbol (NBK, AAPL)
  3. Compare with other symbols

Select from following technical charts types:

  1. Volume Chart (color coding for Up Volume/Down Volume)
  2. Chart Type
    • Area
    • Bar
    • Baseline Delta | Baseline Delta Mountain
    • Candle | Hollow Candle
    • Colored Bar | Line | Mountains
    • Line
    • Scatterplot
    • Wave

Select from following technical charts studies:

Study Type

  • ADX/DMS
  • Bollinger Bands
  • Commodity Channel Index
  • Darvas Box
  • Elder Impulse System
  • MACD
  • Momentum Oscillator
  • Moving Average
  • Parabolic SAR
  • RSI
  • Stochastic Oscillator
  • Vol Underlay
  • Volume Chart | Profile
  • Williams %R

Select from following technical charts time periods:

Time Period

  • 1 Day
  • 1 Week
  • 1 Month
  • 3 Months
  • YTD
  • 1 | 2 | 3 | 5 | 10 Years
  1. Select Global Markets Summary (left tabs menu)
  2. For a Summary
  3. Select Summary (top left workspace)
  4. Select desired Index
  5. Select Time Period

             To view Indices only:

  1. Select Global Markets Summary (left tabs menu)
  2. Select Region (Middle East, Europe, Asia, US)
  3. Select desired Index
  4. Select Time Period
  5. View detailed chart of index on right of screen

To view Commodities only:

  1. Select Global Markets Summary (left tabs menu)
  2. Select desired Commodity
  3. Select Time Period
  4. View detailed chart of Commodity on right of screen

To view Currencies only:

  1. Select Global Markets Summary (left tabs menu)
  2. Select desired Currency/Symbol (EUR/USD, USD/JPY)
  3. Select Time Period
  4. View detailed chart of Commodity on right of screen
  1. Select Market (left tabs menu)
  2. Filter Search by:
    • All (all markets)
    • Markets (Boursa Kuwait, Dubai Financial Market, Nasdaq Dubai)
    • Symbol (NBK, ZAIN, GOOG)
    • Watch List (symbols in your custom watch lists)
  1. Select Market (left tabs menu)
  2. View Top Stocks Workspace (bottom left workspace)
  3. Filter Search by:
  4. Market (Boursa Kuwait, Dubai Financial Market, Nasdaq Dubai)
  5. Market Type (Regular, Forward)
  6. Most Active by Trades | by Volume | by Trades
  7. Top Gainers by Change | by % Change
  8. Top Losers by Change | by % Change
  1. Select Market (left tabs menu)
  2. View Sector Breakdown Based on Turnover Workspace (right of screen)
  3. Select Market (Boursa Kuwait, Dubai Financial Market, Nasdaq Dubai)

FAQ

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

OPEN A BROKERAGE ACCOUNT

Individual Account
Corporate Account

*Please note you will need to visit our office at street name, number to process the application. 

Instructions:

  1. Select KYC application form by account type (Individual, Corporate)
  2. Print, fill and sign the KYC application form
  3. Visit our Head Office with the original required documents in hand to complete the account opening process
  4. A minimum of 300 KD (or the equivalent in USD, AED, SAR, OMR, BHD or QAR) must be deposited to activate your Coast eTrade account and start trading

 Required Documents – Individual Account:

Kuwaiti and GCC Citizens

  • Civil ID – Kuwaiti Citizens
  • National Identity ID – GCC Citizens
  • Completed Application Form (KYC)

Kuwait Residents and Non-Kuwaiti Residents

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

For other types of applicants, please visit the FAQ section for the list of requirements

Important: 

To complete the registration process, the following forms must be filled and signed at our Head Office:

  • FATCA Form
  • CRS Form
  • AML Questionnaire (If applicable)

Required Documents – Corporate Account:

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)

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

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

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)

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

Important: 

To complete the registration process, the following forms must be filled and signed at our Head Office:

  • FATCA Form
  • CRS Form
  • AML Questionnaire (If applicable)

For more information on requirements, please visit the FAQ section on the website.