Global Securities Company has been wholly owned by the Palestine Investment Bank since its establishment in 1996, and acts as the group's brokerage arm on the Palestine Exchange and in foreign markets. The bank itself is a public shareholding company listed on the Palestine Exchange under the symbol PIBC — meaning the owner of your broker is subject to disclosure requirements on the same market you trade in.
Standing and financial strength
Belonging to the Palestine Investment Bank group gives the company institutional backing that an independent broker does not have: an owner that is a licensed bank supervised by the Palestine Monetary Authority, listed on the Palestine Exchange and required to disclose its financial position periodically. The company operates with fully paid-up capital of USD 5,250,000, and client money is held in accounts separate from the company's own funds.
Our services through the bank's branches
Service points inside Palestine Investment Bank branches across the governorates let you complete your business with us without visiting head office in Ramallah or the Nablus branch:
- Opening a new trading account and submitting its documents.
- Updating your account details.
- Linking your bank account to our electronic trading platforms.
- Deposits and withdrawals for trading.
Funding your account
Alongside deposits through the bank's branches, you can fund your trading account through electronic payment channels, including online card payment.
On every channel, payments are accepted through the company's declared bank accounts and in the account holder's own name — payments from third parties are not accepted.
Control functions supported by the group
The relationship with the bank goes beyond branches and payment channels to the control and support functions. The company's anti-money-laundering and counter-terrorist-financing unit reports to the audit and review committee of the Palestine Investment Bank's board, and the bank supports the company in anti-money-laundering, compliance, risk management and other support functions — placing our oversight within the group's governance structure.
What stays separate
Global Securities Company is a separate legal entity, licensed by the Palestine Capital Market Authority under PCMA/GSC/563119148 and a member of the Palestine Exchange. It is responsible for your trading account and the execution of your orders. Your bank account is governed by your relationship with the bank.