FABS FAQs

FAB Securities trading hours are from 10am to 3pm Gulf Standard time (GST), Mondays to Fridays.

Opening a trading account and obtaining an Investor Number (NIN) is free of charge.

You can apply by providing valid Power of Attorney along with the necessary account opening documents.

Opening a Trading account at FAB Securities takes between 2 to 3 working days.

No, we provide statement daily, weekly and monthly as per client request.

0.15% plus 5% VAT as applicable.

0.275% plus 5% VAT as applicable plus AED 10 per order.

Yes, We prefer to open FAB account in order to manage your cash transactions.

Yes, we offer trading executions in regional and international markets. You can have access to the international markets by signing the international trading agreement.

There is no obligation for a person leaving the country to close his/her account with the Markets or FAB Securities, he/she may continue trading from abroad to complete transactions and access the services provided.

Individuals who are under the age of 18 years are classified as "Minors" according to the regulator, Securities & commodities Authority (SCA); therefore, the minor's legal guardian must sign the application forms in order to proceed with opening an account.

Shares can be transferred via ADX/DFM Mobile application or by visiting FAB Securities office and filling out the forms.

By calling the broker or logging into FAB Securities and following the below steps:

1. More
2. Cash Transfer
3. Choose the account you wish to transfer from
4. Enter the amount to be transferred
5. Click transfer

Any un-utilized funds will be credited back into the FAB Account automatically on the same day.
Any sell proceeds will be credited back into the FAB Account Automatically after 2 working days.
Any sales proceeds will be credited back into the FAB Account Automatically on the same day of the settlement (T+2).