Local Market Accounts

Global Securities Company opens trading accounts on the Palestine Exchange for direct investment in listed companies — for individuals and for companies and institutions.

At a glance

• MarketPalestine Exchange
• Trading hours10:00 – 13:00
• PlatformShamel
• Trading currencyJOD or USD, depending on the share
• Total trading commission0.72%

Account types

• Individual accountFor an investor managing their own investments and placing orders in their own name.Documents required

  • Personal ID
  • Proof of residence
  • Proof of employment
  • The approved account opening form, completed and signed
• Corporate and institutional accountFor companies and institutions, opened in the legal entity’s name under an authorisation approved by its governing body.Documents and requirements

  Forms and signatures

  1. The authorised signatory or signatories sign the trading account agreement: at the foot of every page, and on the last page under “Second Party”, at each × mark — with the signatures certified by the bank.
  2. Complete the securities trading account application form with the company’s details and the signatories’ full personal details: full address, telephone numbers, email, annual income, education, occupation, number of family members, marital status and spouse’s name if applicable — together with a copy of identification, and the signatories’ signatures at each × mark.
  3. Complete Annex (6) for each authorised signatory, each signing beneath their own details.

  Company documents

  1. The company’s articles of association
  2. Certificate of registration
  3. Memorandum of incorporation
  4. Copies of the identity documents of those authorised to sign for the company
  5. A letter naming those authorised to sign for the company, with a specimen signature form
  6. A letter naming those authorised to operate the account
  7. Names of board members with their ID numbers and shareholdings
  8. Names of owners holding more than 10%, with their nationalities and ID numbers
  9. Names of the managers, with their nationalities and ID numbers
  10. Copies of the signatories’ passports

  All forms are signed by the authorised signatories and bear the company stamp.

How your orders are executed

• Electronically through the Shamel platform for Palestine Exchange trading — Trading platforms.
• Or by sending your order to our trading desk through the channels set out in the Order Execution Policy.

The Palestine Exchange session runs from 10:00 to 13:00 Palestine time — Trading hours.

Opening an account

1. Prepare your documents — personal ID, proof of residence and proof of employment.
2. Complete and sign the form — at our Ramallah head office, at our Nablus branch, or through any Palestine Investment Bank branch.
3. Your account is activated — once the documents are complete you receive your platform login details.

Forms

Trading account agreement (PDF)

Commissions

The total trading commission on the Palestine Exchange is 0.72% of trade value, divided between the Capital Market Authority, the Exchange and the securities company. The full breakdown is on the Fees and commissions page.

You may also need

• Our services at the PEX
• Forms and documents
• Fees and commissions
• Trading Calculator
• Bank accounts
• Trading hours and sessions
• Investor guide

Investing in securities carries risk that may lead to the partial or total loss of capital, and past performance is not a guide to future performance. Please read the Risk Statement.