Lately, I was looking into Dubai Financial Markets. I was looking into details of how I could buy and sell shares of Dubai Based Companies. First of all, there is very little information out there. Second, the trading volumes are really low. Not a lot of people involve in stock markets. Third, the broking fees are fucking high.

The normal broking fees is 0.275 percent of the amount + 10 Aed or 75 Aed which ever is higher. Based on the high broker fees, I need turnover at least 30,000 AED to justify the brokerage fees. A little too high if you ask me.

If you observe the graphs you’ll notice that the index has actually gone no where so far. Some companies have trading volume of like 10-100 shares. Either no one wants to buy or no one wants to sell.

I think from my preliminary analysis it was quite clear. I was better of with Indian markets. The scope for growth and volume is higher. The broking fees are less and the system has more transparency.