SICO Brokerage: Bahrain and regional securities, global access and custody

Opening minimum: BHD5,000.[6]

For joint accounts, the individual online supplement directs trade alerts and one-time passwords to the first holder’s registered email and mobile.[5]

View full spreads & trading costs

The Global guide describes tradable stocks, bonds, ETFs and funds, with the instrument screen showing the market, minimum trading size and trading hours. Its ticket displays estimated charges and available cash before submission. This makes the particular instrument and account permission more useful than a headline count of markets.[7]

The individual supplement supplies the commission and charges schedule on request. Dealing rates and market charges are additional to custody. It does not oblige SICO to pay interest on credit cash.[5]

Custody: annual rates, daily market valuation, quarterly billing except Global monthly.[6]

The individual supplement treats the trade or settlement confirmation as the conclusive transaction record. Prices can change between display and execution, and some subscribed feeds may be delayed. Check order status and the confirmation before treating an on-screen action as a completed trade.[5]

For failed internet access, SICO LIVE’s published terms permit telephone dealing or a signed written instruction. Use the brokerage contact and identify any earlier instruction whose status is uncertain; an alternative channel does not itself guarantee an immediate fill or cancellation.[14]

SICO LIVE is available across desktop, tablet and mobile devices. The Regional service has dedicated mobile access, while the Global guide documents a browser interface. Device access and the enabled market are separate from the exchange session in which an order can execute.[2][7]

Fund BHD from your own bank via transfer/Fawri or Fawateer. For Regional-to-Global allocation, email [email protected] 48 hours before trading. Send signed withdrawals to [email protected]; the 24-hour callback verifies instructions, not payment arrival.[6]

The deadline at exactly USD500,000 is unspecified.[6]

Regional Account Summary separates buying power, total cash and cash available for withdrawal. Pending buy orders and withdrawal requests block amounts; the guide calculates withdrawable cash after those blocks. An updated portfolio or sales figure should therefore be read with the withdrawal field and settlement requirements.[10]

The registered-beneficiary form requires bank evidence dated within three months. New or changed payment instructions should be verified through SICO’s established contact details before funds are sent.[16][27]

Dividends, coupons and custody charges do not reset dormancy.[6]

After 24 months without account activity, SICO requires reactivation. This uses a signed instruction for the specified account and updated KYC documents. The form also permits closure, and another 24-month inactive period can lead to renewed dormancy. The status is separate from custody charging.[17]

Expired KYC separately disables SICO LIVE until Client Relations updates it.[6]

SICO’s closure form allows selected accounts or all portfolios to be closed and asks how remaining balances should be transferred. It records account closure and trading disablement separately.[18]

Ending online access leaves outstanding contractual obligations in place.[5]

In its release dated 3 July 2026, SICO announced the completed absorption of SICO Funds Services and its operations. The subsidiary’s licence was surrendered and revoked after the transfer. That cancellation concerns the former subsidiary; the current CBB entry identifies the continuing SICO bank.[23][19]

SICO’s Bahrain office is on the 16th floor of the East Tower, Bahrain World Trade Centre, Manama, P.O. Box 1331.[25]

The online supplement gives business hours as Sunday–Thursday, 08:00–17:00 Bahrain time; messages outside those hours are handled during the next business hours.[5]

Global password resets: Client Relations, Sun–Thu 08:00–16:00 Bahrain time.[6]

SICO’s complaint procedure provides acknowledgement within five working days and a response within four weeks. If the matter remains unsatisfactory or involves a conflict, the client can escalate to the Chief Executive Officer and then the CBB’s Consumer Protection and Enforcement function. A response deadline is not a promise that the requested remedy will be granted.[26]

SICO’s fraud guidance asks clients to protect passwords and one-time codes and report suspected compromise promptly to Client Relations. Unexpected changes to bank instructions should be checked through the established channel.[27]

SICO also supplies institutional custody, fund administration, registrar and middle-office services. Those engagements have their own scope and should be distinguished from an individual’s electronic brokerage account.[29]

The audited annual report records SICO’s registration in Bahrain on 11 February 1995 under commercial registration 33469. Its wider group includes separate operations in Saudi Arabia and the UAE; the Bahrain individual account described here names SICO B.S.C. (c).[22]

In its announcement dated 5 May 2026, SICO reported first place on Bahrain Bourse for a 27th consecutive year and an 82% market share for 2025. It reported BHD1.01 billion of trading value and highlighted substantial block transactions. The figure describes company-reported brokerage activity, including those trades; it is not a retail account count or execution-quality measure.[24]

Headquarters

Manama, Bahrain

Founded

1995 (Bahrain company registration)