Get started
Open a brokerage account
Three things to do: check what to bring, complete the application, then fund the account when you are ready to trade.
- Minimum deposit
- None
- Account opening fee
- None
- Typical activation time
- 1–3 days
- Where to complete it
- At our office
Prefer to talk first? Call +251 11 555 71971.
Before you start
What to have ready
Check the document list for your situation. You can begin the application without them, but we cannot activate the account until we have seen them.
Bring these 3 documents
- FAYDA ID
- Valid address verification documentSuch as a Kebele ID or driving licence.
- Taxpayer Identification Number (TIN)
All documents must be clear, legible and certified where required.
What happens after you apply
- 1Before you start
Gather your documents
All documents must be clear, legible and certified where required.
- 2At our office
Complete the form
Visit our office and our staff will complete the application with you.
- 31 to 3 business days
We review it
We verify your identity and documents, and contact you if anything is missing.
- 4On approval
Account activated
If approved, we contact you with your account number and further instructions.
- 5When you choose
Fund it and trade
You only fund the account when you decide to place an order to buy.
- Minimum deposit
- None
- Account opening fee
- None
- Typical activation time
- 1–3 days
- Where to complete it
- At our office
Your application
Start your application
About five minutes. Nothing is submitted until the final step, and there is no obligation.
After opening
What happens once your account is active
Two things to know: how to get money or shares into the account, and how to place an order once they are there.
Step 1
Put money or shares into the account
You can fund the account with cash by bank transfer, or move shares you already own into it.
Deposit funds
By bank transfer into your settlement account. We do not accept cash.
Deposit shares
Transfer shares you already hold. Ownership must be verified before they can be sold.
Important
- We do not accept cash under any circumstances.
- For share deposits we help verify ownership with the company that issued the shares and with the Central Securities Depository.
Step 2
Place a trade
Give us a buy or sell instruction and we place the order for you on the Ethiopian Securities Exchange.
Neway app
The ESX mobile and web platform. Track the market, manage your portfolio and place orders yourself on iOS or Android.
By email
Orders must be sent from the email address used to open the account.
In person
Come to the office and instruct the trading desk directly.
Important
- For email and in-person instructions we place the order on the Ethiopian Securities Exchange on your behalf.
- If your trade is executed, we notify you by email.
Need a hand?
Not sure which documents apply to you?
Tell us your situation and we will confirm exactly what to bring before you make the trip.