- Who can open an account in MAC Sharaf?
- Individuals - UAE Nationals, UAE Residents and Foreign Individuals
- Partnerships
- Companies
- Institutions
- Funds
- Trusts
- How can I open a trading account in MAC Sharaf?
The following documents are required to be submitted along with MAC Sharaf account opening form duly filled to open an account:
- For UAE National
- Copy of Passport
- Copy of family registration
- Investor Number* (DFM & ADX)
- For Other Nationalities
- Copy of Passport
- Copy of a photo ID (Drivers license /Labor card etc)
- Investor Number* (DFM & ADX)
- For Companies
- Copy of valid trade license
- Copy of commercial registration
- Copy of MOA (Memorandum Of Association)
- Copy of the attested letter of authorizing the signatories
- Copy of valid POA (Power of Attorney)
- Investor Number*(DFM & ADX)
*
MAC Sharaf will assist you in obtaining the Investor Number from DFM and ADX
- What is the procedure for obtaining a POA (Power of Attorney)?
POA can be obtained by filling in the authorization letter from Dubai Financial Market and getting the authorization letter from court.
- How can I obtain the online account opening form?
You can obtain our account opening forms from our website www.mac-sharaf.com or by visiting our office at:
Building No: 4, Suite 134,
Gold & Diamond Park,
Interchange 4, Sheikh Zayed Road,
Dubai, UAE.
Tel: +971 4 4097100
If you wish to receive via email, please send us your request to cs@mac-sharaf.com
- What are the account opening charges?
There are no account opening charges. MAC Sharaf's online trading account is opened free of charge and there is no minimum balance required.
- What are the fees I must pay to trade?
Click here to see Brokerage Fees Schedule
