Open Margin Account
WHAT IS A MARGIN ACCOUNT?
A Margin Account allows you to borrow cash from CBFS to purchase securities. The loan in the account is collateralized by the securities you purchase. If the value of the stock drops sufficiently, the account holder will be required to deposit more cash or sell a portion of the securities.
ADVANTAGES OF MARGIN ACCOUNT
Increased returns – The most significant advantage of using margin is the ability to leverage your investments and increase returns when the price of your holdings move in your favor. You can hold position until necessary, CBFS will not liquidate your positions in 7 days.
Competitive interest rates – CBFS offers 0% interest for 3 months and thereafter margin interest rates up to 6% per annum. If you do not use the margin amount lent by CBFS, you won’t be charged any interest.
More Purchasing Power – Being able to invest more while having limited cash on hand allows you to take advantage of timely market opportunities. Get QR 1 for every QR 1 brought into the margin account.
Increased cash dividends - An increase in current income from cash dividends bought with the margin.
RISKS OF MARGIN TRADING
Trading with Margin amplifies losses the same way as it amplifies gains. The biggest risk from buying on margin is that you can lose much more money than you initially invested. A loss of 50 percent or more from stocks that were half-funded using borrowed funds, equates to a loss of 100 percent or more, plus interest and commissions.
If the value of the stock drops significantly, the account holder will be required to deposit more cash or sell a portion of the securities.
SHAREHOLDER RIGHTS
The investor gets to enjoy all the rights related to the stocks bought on margin such as dividends, receive bonus shares & vote in General Assemblies
MORTGAGE OF SHARES
The funded shares cannot be mortgaged; however, the investor can sell the shares at any time through the electronic trading system.
PRE REQUISTES FOR OPENING A MARGIN ACCOUNT
- Must have an active trading account with Commercial Bank Financial Services
- Minimum initial deposit of QR 10,000 worth of shares or cash
SHARES ALLOWED FOR MARGIN TRADING 40 +
| Sr no. |
Company Symbol |
English Name |
Arabic Name |
Logo |
| 1 |
AKHI |
AlKhaleej Takaful Group |
الخليجي للتكافل |
|
| 2 |
BLDN |
Baladna Company |
بلدنا |
|
| 3 |
BRES |
Barwa Real Estate |
بروه |
|
| 4 |
CBQK |
Commercial Bank of Qatar |
البنك التجاري |
|
| 5 |
DBIS |
Dlala |
دلاله |
|
| 6 |
DHBK |
Doha Bank |
بنك الدوحة |
|
| 7 |
ERES |
Ezdan Holding Group |
أزدان |
|
| 8 |
GISS |
Gulf International Services Company |
الخليج د |
|
| 9 |
GWCS |
Gulf Warehousing |
مخازن |
|
| 10 |
IGRD |
Investment Holding Group |
استثمار |
|
| 11 |
IHGS |
Inma Holding |
إنماء |
|
| 12 |
IQCD |
Industries Qatar |
الصناعات |
|
| 13 |
MARK |
Masraf Al Rayan |
الريان |
|
| 14 |
ORDS |
Ooredoo |
أوريدو |
|
| 15 |
MCGS |
Medicare Group |
الرعاية |
|
| 16 |
MERS |
Al Meera Consumer Goods Company |
الميره |
|
| 17 |
MPHC |
Mesaieed Petrochemical Holding Co |
مسيعيد |
 |
| 18 |
MRDS |
Mazaya Qatar |
مزايا |
 |
| 19 |
NLCS |
National Leasing |
الإجارة |
|
| 20 |
MCCS |
Mannai Corp |
المناعي |
|
| 21 |
QAMC |
Qatar Aluminium Manufacturing Company |
قامكو |
|
| 22 |
QATI |
Qatar Insurance |
قطر للتأمين |
|
| 23 |
QATR |
Al Rayan Qatar ETF |
صندوق الريان |
|
| 24 |
QETF |
QE Index ETF |
صندوق المؤشر |
|
| 25 |
QEWS |
Electricity & Water |
كهرباء و ماء |
|
| 26 |
QFBQ |
Qatar First Bank |
بنك قطر الأول |
|
| 27 |
QFLS |
Qatar Fuel |
وقود |
|
| 28 |
QGMD |
Qatar German For Medical Devices |
الطبية |
|
| 29 |
QGTS |
Qatar Gas transport |
ناقلات |
|
| 30 |
QIBK |
Qatar Islamic Bank |
المصرف |
|
| 31 |
QIGD |
Qatari Investors Group |
مستثمرين |
|
| 32 |
QIIK |
Qatar International Islamic Bank |
بنك الدولي الاسلامي |
|
| 33 |
QIMD |
Qatar Industrial Manufacturing |
التحويلية |
|
| 34 |
QISI |
Qatar Islamic Insurance |
الاسلامية ت |
|
| 35 |
QNBK |
Qatar National Bank |
الوطني |
|
| 36 |
QNCD |
Qatar Cement |
الاسمنت |
|
| 37 |
QNNS |
Qatar Navigation |
الملاحة |
|
| 38 |
QOIS |
Qatar Oman Investment Company |
قطر عمان |
|
| 39 |
SIIS |
Salam International |
سلام |
|
| 40 |
UDCD |
United Development Company |
المتحدة |
|
| 41 |
VFQS |
Vodafone Qatar |
فودافون |
|
| 42 |
WDAM |
Widam Food Company |
ودام |
|