Broker services

Open new boundaries to ensure successful investment opportunities

Our team has been providing broker services on the Kazakhstan securities’ market since 1997, serving a large number of retail and corporate investors for 20 years already.

Individuals

The stock exchange offers you some great opportunities for investing in a whole range of instruments. The rate of return on bank deposits has been falling gradually, with the potential for further falls in the value of real estate set to continue. The investments we offer are more profitable investments and have already played a key role in developed countries. Make use of the entire potential to multiply your capital as offered by shares, bonds, gold, industrial metals, oil and others.

Your investment needs are our top priority

Invest, trade and increase your capital

Legal entities

New business opportunities to place your money in profitable and liquid financial instruments. We provide you with tools for operational liquidity management. You can place or raise funds for a short period at attractive rates and against collateral for high-quality securities. You can ensure a higher return on your business by investing in prospective and undervalued stocks and bonds.

With our solutions, your money will always work for itself

We guarantee clients will have access to all global stock markets, enabling them to buy or sell a wide range of financial instruments

The first step to investment success begins with selecting a reliable and experienced investment consultant

Seven steps to your first investment income on the securities’ market

Open a broker account in JSC Halyk Global Markets by visiting our office or sending all documentation by email
Replenish your account using cash, wire transfers or using online banking
Download the QTrader platform, and receive a unique login and password
Sign up with our analysts and receive current investment and trading solutions
Check current quotes or other financial instruments, and place purchase orders, indicating your price and transaction volume
Follow the news, recommendations and the value of your securities through the trading platform
Generate profit and increase your capital

With us, you will be able to:

Invest in share and bonds locally and without volume restrictions
Regularly receive the best investment ideas from analysts and asset managers recognised as leaders according to a number of international publications
Become a shareholder of some of the largest international companies such as Apple, Facebook, Microsoft, Starbucks, Tesla and others
Place free cash easily and advantageously for short periods or raise cash under the protection of securities
Fix rates of return that exceed bank deposit account rates in KZT or in foreign currencies
Receive information easily on quotes online for all KASE listed instruments
Create an investment portfolio that guarantees you additional sources of stable income
View your transaction history, the status of your account and receive full reports on your investment account

Enjoy advantageous tariffs for broker services

Service name	Fee
Open an account	free of charge
Maintain an account	individual – free of charge; legal entity – 0.01% of the average monthly account balance at par value (minimum of 2 MCI)

KASE transactions:
FI listing/redemption	by agreement
FI purchase/sale	up to KZT 10,000,000 – 0.1% of the transaction value, minimum of 2 MCI; up to KZT 100,000,000 – 0.07% of the transaction value; up to KZT 200,000,000 – 0.05% of the transaction value; over KZT 200,000,000 – 0.03% of the transaction value
REPO transactions	0.25%, minimum of 2 MCI (of closure income)
Transactions on international and Russian markets:
FI purchase/sale	up to US$ 300,000 – 0.25% of the transaction value, minimum of 2 MCI; over US$ 300,000 – 0.1 % of the transaction value
Crediting FI:
in the Republic of Kazakhstan	free of charge
outside of the Republic of Kazakhstan	free of charge
Withdrawal of FI:
in the Republic of Kazakhstan	2 MCI
outside of the Republic of Kazakhstan	3 MCI
Personal Account statement of FI movements:
monthly	free of charge
by request	3 MCI
Personal account statement:
monthly/after a transaction on an informal market	free of charge
by request	1 MCI

FI conversion	KZT 5 per global depositary receipt (GDR)
Voting by power of attorney	by agreement
Pledge registration	5 MCI
Fine for a failure to execute an Instruction (Client fault) *	1 MCI
Commission paid to the CSD, KASE, ISR, Custodian and other registrars	actual
Consulting services	by agreement

* If the incorrect counterparty details are shown

Open an investment account free of charge, and with the minimum of effort and time

You can open an account by:

Visiting our office
Downloading the required forms and applications, completing them, signing and sending scanned versions to the email address
Completing an online application to open an account, after which you will be contacted by one of our managers.

Open an account

Open a broker account without going into the office
Quickly and easily

List of documents required to open an account

for Kazakhstan residents
for Kazakhstan non-residents

Individuals

- Копия документа, удостоверяющего личность

Юридические лица

- Нотариально заверенная копия устава (при наличии) или учредительного договора;
- Нотариально заверенная копия справки или свидетельства о государственной регистрации (перерегистрации) юридического лица
- Решение о назначении лица, уполномоченного подписывать документы
- Копия удостоверения личности лица, уполномоченного подписывать документы

Individuals

- Копия документа, удостоверяющего личность, апостилированную или легализованную с нотариально заверенным переводом на русский и казахский языки.

Юридические лица

- Копия устава (при наличии);
- Копия документа, подтверждающего государственную регистрацию юридического лица, выданного уполномоченным органом государства нерезидента;
- Документ с образцами подписей (в том числе представителей юридического лица, обладающих правом подписывать клиентские заказы) и оттиска печати юридического лица (при наличии);
- Доверенность или решение уполномоченного органа юридического лица, выданное в отношении представителя юридического лица, который будет заключать брокерский договор и осуществлять иные действия;
- Документы представляются клиентом легализованными или апостилированными в соответствии с требованиями законодательства Республики Казахстан, с нотариально засвидетельствованным переводом на казахский и русский языки.

Forms and applications for opening an account

Individuals
Legal entities

«Know your Client» formDownload

Agreement to perform Broker and Nominal Holding ServicesDownload

Application to accede to the Agreement to perform Broker and Nominal Holding ServicesDownload

Sample signature and stamp cardDownload

Order to perform a transaction with a personal accountDownload

Consent to collect and process the personal data of clientsDownload

«Know your Client» formDownload

Договор на оказание брокерских услуг без номинального держанияDownload

Agreement to perform Broker and Nominal Holding ServicesDownload

Sample signature and stamp cardDownload

Приказ на открытие, закрытие, изменение лицевого счетаDownload

Consent to collect and process the personal data of clientsDownload

Taxation

Individuals
Legal entities

Individuals	Legal entities
Individual income tax on capital gains from the sale of securities	0%
Capital gains from the sale of state equity securities	0%
Capital gains income from the sale of agency bonds	0%
Capital gains income from an open trading sale on a stock exchange operating in the Republic of Kazakhstan of securities officially listed on that stock exchange on the date of sale	0%
Capital gains income from the sale of shares or participation interest in a legal entity or consortium, if the following conditions are met simultaneously: on the date of sale of shares or participation interest, the taxpayer has held the shares or participation interest in question for more than three years; a legal entity issuer or legal entity whose participation interest is being sold, or consortium partner selling a participation interest in that consortium, is not a subsoil user; the assets of subsoil user entities in the value of the assets of a legal entity issuer or legal entity whose participation interest is being sold, or the total value of assets of consortium participants whose participation interests are being sold, on the date of sale, amount to no more than 50%	0%
Interest on securities that on the interest date are officially listed on a stock exchange operating in the Republic of Kazakhstan	0%
Interest on debt securities	0%
Interest on state equity securities and agency bonds	0%
Individual income tax on dividends, interest and capital gains income from the sale of securities in other cases	10%
Individual income tax on the receipt of dividends on securities that on the date dividends were accrued were officially listed on a stock exchange operating in the Republic of Kazakhstan	0%
Dividends, if the following conditions are met simultaneously: on the date of sale of dividends, the taxpayer has held the shares or participation interest on which dividends are being accrued for more than three years; a legal entity paying dividends was not a subsoil user during the period for which dividends were paid; the assets of subsoil user entities in the value of the assets of a legal entity paying dividends, on the date of sale of the dividends, amount to no more than 50% Applicable to dividends received from a resident legal entity in the form of: income due on shares, including on shares that are the base assets of depositary receipts; the part of net income allocated by a legal entity among its founders and partners; income from the allocation of assets following the liquidation of a legal entity or if charter capital is reduced by the proportional reduction of the contributions of founders and partners, or the full or partial redemption of the participation interest of founders and partners, and if a founder or partner have withdrawn their participation interest in a legal entity, except for assets contributed by a founder or partner as a contribution to charter capital in this respect, the share of assets of subsoil users in the assets of a legal entity paying dividends is determined in accordance with article 197 of the Tax Code	0%
Dividends payable by corporate risk investment funds if the following conditions are met simultaneously: on the date dividends are accrued, the taxpayer has held shares or participation interest in that corporate risk investment fund for more than three years; the participation of the national institution for technical development in the charter capital of that corporate risk investment fund exceeds 25%	0%
Dividends received from the non-resident legal entity referred to in point 1 of article 224 of the Tax Code, which have been allocated from the profit or a part of it subject to individual income tax in the Republic of Kazakhstan in accordance with article 224 of the Tax Code;	0%
Dividends receivable from a legal entity that generates less than the corporate income tax assessed in accordance with article 139 of the Tax Code by 100% if the given dividends were accrued for the period in the tax period in which the reduction was made	5%
Dividends payable by closed unit risk investment funds and corporate risk investment funds	10%
Income on the equity interest of open and interval unit trust investment funds if they are redeemed by the fund’s managing company	10%

Individuals - non-residents	Rate
Income tax at the source of payment on capital gains income from the sale of securities	0%
Capital gains income from sales (except for the income of entities registered in a low-tax country): shares redeemed by a resident legal entity, or participation interest in a resident legal entity or consortium located in the Republic of Kazakhstan; shares redeemed by a non-resident, and participation interest in the charter capital of a non-resident legal entity or consortium if 50% or more of the value of those shares, participation interest or assets of the non-resident legal entity is comprised of assets in the Republic of Kazakhstan; Applicable if the following conditions are met simultaneously: on the date shares or participation interest are sold, the taxpayer has held those shares or participation interest for more than three years; a legal entity issuer or legal entity whose participation interest is being sold, or consortium partner selling a participation interest in that consortium, is not a subsoil user; the assets of subsoil user entities in the value of the assets of a legal entity issuer or legal entity whose participation interest is being sold, or the total value of assets of consortium participants whose participation interest is being sold, on the date of sale, amount to no more than 50%	0%
Capital gains income from a sale made by open trading on a stock exchange operating in the Republic of Kazakhstan or an overseas stock exchange of securities officially listed on that stock exchange on the date of sale	0%
Interest on state equity securities, agency bonds and capital gains income from the sale of state equity securities and agency bonds	0%
Accumulated (accrued) interest on debt securities paid when they are purchased by resident buyers	0%
Dividends and interest on securities officially listed on a stock exchange operating in the Republic of Kazakhstan on the date the given dividends and interest were accrued	0%
Dividends (except for those paid to entities registered in a low-tax country), if the following conditions are met simultaneously: on the day dividends are accrued, the taxpayer has held the shares or participation on which dividends were paid, for more than three years; the legal entity paying dividends was not a subsoil user during the period for which dividends are paid; the assets of subsoil users making up the assets of the legal entity paying dividends, on the date dividends were paid, account for no more than 50% Applicable only to dividends received from a resident legal entity in the form of: income due on shares, including shares that are the base assets of depository receipts; the part of net income allocated by a legal entity among its founders and partners; income from the distribution of assets following the liquidation of a legal entity or after charter capital has been reduced by the proportional reduction of the contributions of founders and partners or by the full or partial redemption of the participation interest of founders and partners, and after a founder or partner have withdrawn their participation interest in a legal entity, except for assets contributed by founders and partners as their contribution to charter capital. in this respect, the share of assets of subsoil users in the assets of a legal entity paying dividends is determined in accordance with article 197 of the Tax Code	0%
Income on the equity interest of open unit investment funds, if they are purchased by the fund’s managing company	0%
Dividends payable by a legal entity that reduces the corporate income tax assessed in accordance with article 139 of the Tax Code by 100%, if the given dividends are accrued for a period that includes the tax period in which the reduction was made	15%
Income tax on dividends, interest and capital gains income from the sale of securities in other cases	15%

Resident legal entities	Rate
Corporate income tax on capital gains income from the sale of securities	0%
Capital gains income from the sale of shares and participation interest in a legal entity or consortium, reduced by losses that arose from the sale of shares or participation interest in a legal entity or consortium, if the following conditions are met simultaneously: on the day the shares or participation interest are accrued, the taxpayer has held the shares or participation interest for more than three years; the legal entity issuer or legal entity whose participation interest is being sold or consortium partner selling its participation interest in that consortium is not a subsoil user; the assets of subsoil users making up the assets of the legal entity issuer or legal entity whose participation interest is being sold, or the total value of partner assets in a consortium whose participation interest is being sold, on the sale date, account for no more than 50%	0%
Доходы от прироста стоимости при реализации методом открытых торгов на фондовой бирже, функционирующей на территории Республики Казахстан, ценных бумаг, находящихся на день реализации в официальных списках данной фондовой биржи, уменьшенные на убытки, возникшие от реализации методом открытых торгов на фондовой бирже, функционирующей на территории Республики Казахстан, ценных бумаг, находящихся на день реализации в официальных списках данной фондовой биржи	0%
Capital gains income from an open trading sale on a stock exchange operating in the Republic of Kazakhstan of securities officially listed on that stock exchange on the sale date, reduced by losses that arose from the open trading sale on a stock exchange operating in the Republic of Kazakhstan of securities officially listed on that stock exchange on the sale date	0%
Capital gains income from the sale of state equity shares, reduced by losses from the sale of state equity shares	0%
Interest on debt securities that were officially listed on a stock exchange operating in the Republic of Kazakhstan on the accrual date	0%
Interest on state equity shares and agency bonds	0%
Corporate income tax on dividends, interest and capital gains income from the sale of securities in other cases	20%
Corporate income tax on dividends received on securities officially listed on a stock exchange operating in the Republic of Kazakhstan on the date the dividends were accrued	0%
Dividends payable by corporate risk investment funds if the following conditions are met simultaneously: on the date dividends are accrued, the taxpayer has held the shares or participation interest of the given corporate risk investment fund for more than three years; the participation of the national institution for technical development in the charter capital of that corporate risk investment fund exceeds 25%	0%
Dividends payable by a legal entity that reduces the corporate income tax assessed in accordance with article 139 of the Tax Code by 100% (except for organisations implementing investment priority projects, within the framework of an investment contract concluded in accordance with Kazakhstan investment law), if the given dividends are accrued for a period that includes the tax period in which the reduction was made	20%
Dividends payable by closed unit risk investment funds and corporate risk investment funds	20%
Income on the equity interest of open and interval unit trust investment funds if they are redeemed by the fund’s managing company	20%

Non-resident legal entities	Rate
Income tax at the source of payment on capital gains income from the sale of securities	0%
Capital gains income from a sale (except for the income of entities registered in a low-tax country): shares offered by a resident legal entity, or participation interest in a resident legal entity or consortium located in the Republic of Kazakhstan; shares redeemed by a non-resident, and participation interest in the charter capital of a non-resident legal entity or consortium if 50% or more of the value of those shares, participation interest or assets of the non-resident legal entity is comprised of assets in the Republic of Kazakhstan; Applicable if the following conditions are met simultaneously: on the day the shares or participation interest are sold, the taxpayer has held the shares or participation for more than three years; the legal entity issuer or legal entity whose participation interest is being sold or consortium partner selling its participation interest in that consortium is not a subsoil user; the assets of subsoil users making up the assets of the legal entity issuer or legal entity whose participation interest is being sold, or the total value of partner assets in a consortium whose share is being sold, on the sale date, account for no more than 50%	0%
Capital gains income from an open trading sale on a stock exchange operating in the Republic of Kazakhstan or overseas stock exchange of securities officially listed on that stock exchange on the sale date	0%
Interest on state equity securities, agency bonds and capital gains income from the sale of state equity securities and agency bonds	0%
Accumulated (accrued) interest on debt securities paid when they are purchased by a resident buyer	0%
Dividends and interest on securities officially listed on a stock exchange operating in the Republic of Kazakhstan on the date the given dividends and interest were accrued	0%
Dividends (except for those payable to entities registered in a low-tax country) if the following conditions are met simultaneously: on the day dividends are accrued, the taxpayer has held the shares or participation on which dividends were paid, for more than three years; the legal entity paying dividends was not a subsoil user during the period for which dividends are paid; the assets of subsoil users making up the assets of the legal entity paying dividends, on the date dividends were paid, account for no more than 50%. Applicable only to dividends received from a resident legal entity in the form of: income due on shares, including shares that are the base assets of depository receipts; the part of net income allocated by a legal entity among its founders and partners; income from the distribution of assets following the liquidation of a legal entity or after charter capital has been reduced by the proportional reduction of the contributions of founders and partners or by the full or partial redemption of the participation interest of founders and partners, and after a founder or partner have withdrawn their participation interest in a legal entity, except for assets contributed by founders and partners as their contribution to charter capital. in this respect, the share of assets of subsoil users in the assets of a legal entity paying dividends is determined in accordance with article 197 of the Tax Code.	0%
Dividends payable by subsoil user legal entities (except for those payable to entities registered in a low-tax country) if the following conditions are met simultaneously: on the date dividends were accrued, the taxpayer has held the share or participation interest on which dividends were paid, for more than three years the subsoil user legal entity paying dividends carries out during the 12-month period preceding the accrual date of the dividends, the subsequent processing (after initial processing) of at least 35% of mineral raw materials at its own production facilities during the period in question Applicable only to dividends received from a resident legal entity in the form of: income to be paid on shares, including on shares that are the base assets of depository receipts, but no more than 30% of retained earnings as at the last reporting date, according to audited financial statements the part of net income allocated by a legal entity among its founders and partners income from the allocation of assets following the liquidation of a legal entity or after a reduction in charter capital through a proportional reduction in the contributions of founders and partners or by the full or partial redemption of participation interest by founders and partners, and after a founder or partner have withdrawn their participation interest in a legal entity, except for assets contributed by a founder or partner as their contribution to charter capital	0%
Income from equity shares in open unit investment funds following their redemption by the fund’ managing company	0%
Dividends payable by a legal entity that reduced corporate income tax assessed in accordance with article 139 of the Tax Code by 100%, if the given dividends were accrued for the tax period in which the reduction was made	15%
Income tax on dividends, interest and capital gains income from the sale of securities in other cases	15%

Our experts will take the time to ensure you receive the best possible service

If you have any questions about opening an account or operating the trading platform, please talk to one of our experts:

Dariya Altayeva

Aidai Altynbekova

Ardak Ashimova

You can also leave your personal data and we will contact you:

The correct choice of exchange broker is a guarantee of success and protection for your investments

Halyk Global Markets offers you the possibility of investing in a wide range of financial instruments. JSC Kazkommerts Securities clients regularly receive second-to-none analysis on those securities with the greatest potential

We have been providing broker services since 1997

Finding the right broker to invest and manage your capital is an important and responsible choice. With us, you can rest assured that your needs will be our greatest priority.

Local market

A cutting-edge trading platform will help you ensure that your transactions are completed in just a few clicks
You can invest on the local shares and bond markets with no limits
After opening an account you can purchase shares in any major national companies, become a shareholder in leading commercial banks and mobile operators in Kazakhstan; purchase shares in industrial companies in the oil and gas sector, and in metallurgy.
Many Kazakhstan “blue chip” companies listed on KASE regularly pay their shareholders good dividends, which often exceed deposit account interest rates.
Investments on the Kazakhstan stock exchange are exempt from tax

International markets

We have direct access to a number of global exchanges where you can purchase any number of shares easily and with no problems.
Get the chance to trade on the US, UK, German and Russian stock exchanges.
After opening an account you can buy shares in conglomerates such as Apple, Facebook, Microsoft, Starbucks, Tesla, Coca-Cola, McDonald’s and many others.
Purchase any number of ETF with a link to key exchange indices, gold, oil and other assets.
There are no minimum requirements in terms of the volume of shares or ETF you can purchase on international exchanges
Eurobonds and bonds of foreign issuers tend to be linked to minimum purchase amounts
Dollar bonds offer rates of return that tend to be double deposit accounts

Liquidity management

You will have the opportunity to invest spare funds advantageously for short periods of time but with the added benefit of quality securities
You will be able to raise beneficial short-term financing that is safeguarded by securities
The rate of return is the National Bank base rate.
You have easy access to REPO transactions for up to one month
You can place cash funds through a trading platform
Cash can be transferred easily to current accounts

We will provide you with a personal manager who will help you form a personal investment portfolio

To accrue your own wealth, ensure stable additional income or maintain capital, you need assistance from quality experts, who will help you develop a personal investment strategy that meets all of your preferences and objectives

As part of the “personal consultant” service package, you will be receive tailored investment recommendations that would normally be unavailable within the framework of the classic broker scenario.

Your advantages:

Effective solutions from your personal manager
An investment portfolio that is tailored to you
Individual and recommendations that are constantly of interest
Meetings with analysts and portfolio managers
Timesaving and no need to have to constantly follow the market
Prompt reactions to important events and news
The possibility to maintain control of your own portfolio

We provide you with a personal manager who will help to form a personal investment portfolio

To increase prosperity, provide a stable additional income or save capital, you need the assistance of highly qualified experts who will help develop a personal investment strategy for your company that meets all of its goals and objectives

As part of the personal consultant service, you will be provided with separate investment recommendations that are not available within the framework of classical brokerage services.

Your advantages:

Effective solutions from a personal manager
The investment portfolio developed for you
Individual and always topical recommendations
Meetings with analysts and portfolio managers
Saving time and not having to constantly monitor the market
Prompt response to important events and news
Preservation of direct control over the portfolio

An investment product for anyone who invests according to Shariat law

Within the framework of our product, we offer broker services using Islamic financial instruments in conjunction with quality consulting in the choice of securities that meet Shariat requirements

The purpose of is to protect and maintain your capital

Our solution favours those clients who cannot place their cash in bank deposit accounts and other interest-bearing instruments

Investments cannot be made in:

companies whose main activities are performed in opposition to the core principles of Islam, including the production or sale of alcohol, financial services based on loan interest, pig farming and products from the same, games of chance and speculative activities
bonds as they are treated as debt securities operating on an interest basis
shares of companies with a high percentage of borrowed funds
mutual or hedge funds
derivatives such as forwards, options and futures, and others

We offer our clients the following Islamic instruments:

Sukuks
Islamic funds
Shares in companies whose operations do not contradict

Sukuk principles are an ideal instrument from the point of view of Islamic investors

As it represents an interest in real assets (secured by them), Sukuk is traded on secondary markets, is not a direct debt, and may only be issued by independent issuers and companies whose activities do not contract Shariat law.

A state-of-the-art trading platform means transactions can be concluded here and now, wherever you may be

Conclude transactions sitting at home, in the office or simply walking down the road

The possibility for effective investments and investment account management through mobile devices. An intuitive design, carefully selected structure and simple usage means anyone can use the platform.

Our platform offers a high level of security and protects your data and assets

All information is shown in real time. You will always be able to keep up to date with quotes and the latest news, at the same time keeping one step ahead of other investors and concluding the best transactions.

About QTrader

Kazkom Securities is one of the leading market-makers

Investors and market experts assess the success of the issue and placement of any security, not only through the prism of the success of the primary placement, but also by the activity of the circulation of a financial instrument in the secondary market

A key criterion for the success of a secondary circulation is an adequate level of liquidity:

Investors should be able to freely sell or buy paper in an organized market at any point in time and without limiting the volume.

The market-maker (MM) performs the function of stabilizing and maintaining the price of a financial instrument, as well as providing liquidity in the secondary market.

About market-making