Why make small margins on Forex trades, when you can follow the big whales in Qatar through stocks, now it is more easier as they have changed the law on foreign ownership. All we need now, is for public to have easier access platforms at retail levels for direct stock investments, which will not happen until 10 to 15 years time. BUT..... you can still trade stocks if you want to go through the hassle.... one of the QLers have made a good summary, big thanks to Masterchief: You are not allowed to participate in is IPO's (initial public offerings), which is the usually limited to Qatari nationals, and occasionally GCC nationls. However, once the stock is available in the market for trading, you can knock yourself out buying and selling it. You need an investor number (NIN number) which can only be acquired from the DSM (Doha Securities Market/Grand Hamad street), you take that and then go open an account with a brokerage firm. Mine is with The Group. People are leaning towards Dlalah nowadays due to better service mainly. i believe they both charge the same (0.4% fee per any buy/sell trade) . Funding your brokerage account (to buy stock) or cashing out (after you sell stock) can be a hassle and long waiting ; i suggest you go to QNB, they will open an account (or you can use your existing account if you have one) for you and link it to either The Group or Dlalah accounts. you can put money in/out of your brokerage account through the bank which can be less of a hassle. Both the Group and Dlalah offer online/mobile trading.
Why make small margins on Forex trades, when you can follow the big whales in Qatar through stocks, now it is more easier as they have changed the law on foreign ownership. All we need now, is for public to have easier access platforms at retail levels for direct stock investments, which will not happen until 10 to 15 years time. BUT..... you can still trade stocks if you want to go through the hassle.... one of the QLers have made a good summary, big thanks to Masterchief: You are not allowed to participate in is IPO's (initial public offerings), which is the usually limited to Qatari nationals, and occasionally GCC nationls. However, once the stock is available in the market for trading, you can knock yourself out buying and selling it. You need an investor number (NIN number) which can only be acquired from the DSM (Doha Securities Market/Grand Hamad street), you take that and then go open an account with a brokerage firm. Mine is with The Group. People are leaning towards Dlalah nowadays due to better service mainly. i believe they both charge the same (0.4% fee per any buy/sell trade) . Funding your brokerage account (to buy stock) or cashing out (after you sell stock) can be a hassle and long waiting ; i suggest you go to QNB, they will open an account (or you can use your existing account if you have one) for you and link it to either The Group or Dlalah accounts. you can put money in/out of your brokerage account through the bank which can be less of a hassle. Both the Group and Dlalah offer online/mobile trading.