Edited By: Ingy ElSafy

Mubasher: Kuwait Finance House (KFH) has launched a new service ‘KFHTrade’ in collaboration with KFH Capital for investment Co, according to an official statement by the bank on Thursday.

KFHTrade will offer high standards of trading services for investors and brokers trading on five Gulf stock markets, namely Boursa Kuwait, the Saudi Stock Exchange (Tadawul), the Dubai Financial Market (DFM), the Abu Dhabi Securities Exchange (ADX), and Qatar Stock Exchange (QSE).

Through one account and one screen, this free-of-charge ‘KFHTrade’ service will offer stocks trading through the internet via a fast and easy method to use an online account.

“Clients of this service will have the priority when trading through telephone, in addition to full support from a professional team of brokers and customer service representatives,” KFH noted.

The Kuwaiti bank clarified that clients of the KFHTrade service will benefit by displaying market trading times, technical charts for stock performance, the basic information of companies, financial and historical data of stocks, and a variety of market watch lists in one screen.

In addition, KFHTrade clients will be able to display market news and online advertisements, Kuwait and Gulf market online prices, as well as initiating their preferred watch lists, and displaying details of the portfolio, system list, and the performance of sectors across the GCC markets.

A fast entry of orders and direct and fast cash transfers will be available to KFHTrade users.

KFH clients will have the ability to keep their bank and trading accounts under one umbrella of services to facilitate fund transferring from/to bank and trading account.

“The service is supported by a dedicated team of brokers to provide more information to the clients without additional charge and reachable on 1842000, as well as the Quality of KFH customer service,” the statement added.

KFHTrade applications are available in all KFH branches; KFH Capital Investment Company (KFHC), Baitak Tower, 32nd floor; and KFHtrade.com, online registration.

KFH noted that the documents needed are the users’ civil ID or passports for the non-Kuwaiti clients.