How to trade stocks in Iraq
The Iraqi Stock Market has been using the ISX electronic trading system since 2009. About 80 shares of Iraqi joint stock companies and government bonds are traded. The first step in the method of trading stocks in Iraq is to purchase the stocks that the investor wishes to trade through the following steps:
شركات التداول الموثوقة في العراق
The first step to trading stocks is to open a trading account through a trading company licensed in Iraq. It provides services for buying and trading stocks on the Iraq Stock Exchange or on other global stock exchanges, such as the American stock market, the European market, etc.
After confirming the opening of the account and recording the required data and supporting it with copies of the required official documents. The amount of money that will be the capital used to buy and trade shares is deposited. The value of the amount required for the deposit varies according to the type of market, the type of company, and the type of financial assets that the client wishes to purchase.
Determine the type of shares that the client wants to buy, and this must be done after careful research and thorough analysis of all listed companies, their performance in the financial market, and expectations about their future movements and financial indicators.
Determine the appropriate method of trading, whether by purchasing shares in cash or through contracts for differences that allow speculation on shares without owning them.
Determine the quantity of shares required and the purchase price, and then issue purchase orders through the trading platform provided by the trading company electronically.
After completing the addition of stocks to the investment portfolio, the investor begins to follow the performance of the stocks he purchased and makes the necessary adjustments according to his trading strategy according to market changes in accordance with his investment objectives.
Entering sell orders when the profit margin is achieved to the investor's satisfaction, or when he wishes to limit losses if the market goes against his expectations, and the balance is withdrawn from the trading account.