The obtaining of licenses for brokerage activity in Kazakhstan to foreign companies that provide investors with the opportunity to use the services of international trading systems will give impetus to the development of the financial market as a whole. To date, there are about 10 companies in the country representing the various trading platforms, such as Forex and, every year more and more Kazakhstan citizens are engaged to earn at stock exchange market.

 

Ildar SHAYAKHMETOV, DIRECTOR, FOREX CLUB BRANCH IN ALMATY:

 

According to the statistics, Kazakhstan citizens over 25 years old, with higher education, and not necessarily the high financial income are engaged in this sector. They come from other areas with upper middle income. As commonly it is believed, that this market implies the possibility of a potentially high earnings. Not every investment instrument is available to earn money in the financial markets.

 

Currently, the majority of companies do not have the status of Kazakhstan brokers. They only provide services to work with the international trading systems. They carry out the training of the population to the rules in the stock market and continue to provide a platform to access  trade currencies, securities and other exchange instruments. Experts say that the new law on payment system adopted in Kazakhstan can give significant impetus to the development of financial markets.

 

Ildar SHAYAKHMETOV, DIRECTOR, FOREX CLUB BRANCH, ALMATY:

 

In my opinion, it is the licensing anyway. 39:41 In order to feel safe so that an investor is not worried that his money will disappear somewhere, he needs guarantees in the form of licenses and legality of firms in the country in which he lives.

 

But in any case, stock market is for making money rather than playing, the investor should carefully approach transactions and take all the risks into account, experts say.

 

Photo: infofx.ru

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