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01 january 2014
Home > Products > Services Catalogue > Services Details

Closing an Account with Brokerage Company

Details
Closing an investor's account with a brokerage company in the electronic Clearing system.

For more information on this service, please contact:
DFM Customer Services
T: +971 4 305 5555
E: customerservice@dfm.ae

Fees
AED 0.1 per investor, with a minimum of AED 200 and maximum of AED 5,000

Procedures
  • Submit the request through Portal E-Services System (Broker Portal: “General Request option”)
  • Broker could attach an excel sheets (if the list is long)
  • DFM will review the document submitted
  • DFM will Close the accounts in the electronic Clearing system
  • Approve the request in the E-Services (CRM) with payment

Required Documents
  • Submit the request through Portal E-Services (Broker Portal)

How to Apply?
Online through DFM eServices (Brokers Portal)