Stock Broking Business Seeking Loan in Kuwait City, Kuwait

Forex training and service provider based in Kuwait with over 150 clients across the world.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 36 thousand
Run Rate Sales USD 48 thousand
EBITDA Margin 60 - 70 %
Industries Stock Broking
Locations  Kuwait City
Local Time 9:16 AM Asia / Kuwait
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 10 thousand for 8.0% annual interest, 3 years (Native Currency: KWD 3,000)
Reason: We require investment for marketing and promotion to increase our client base.
Collateral Available: USD 0
Includes physical assets worth USD 1.8 thousand
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Business Name
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Business Overview

- We run a website where we provide Forex services and training. The business is located in Kuwait and have been in operation for 2 years.

- Business has 150 clients and have a growth rate of 7-10 clients per month. The clients are from across the world.

- We provide the following services - forex signals service, Forex training program and we are also affiliated with a forex broker who we promote to our customers through our platform.

- The forex signals service is a subscription based model, and we let our clients know when to buy and sell forex in the open market.

- The training program is a 1 on 1 session, where the business owner teaches in depth forex trading. There is a one time payment for this service.

- Around 10 participants are inducted monthly for the training program that usually lasts between 15 - 20 days.

- 70% of our revenue is generate through the forex signals business and 30% through our training services.

Products & Services Overview

Standard monthly subscription signals services, Forex training program, affiliated with broker on commission.

Facilities Overview

We have an office in Kuwait with an area of 140 Sq. Ft which is on rent.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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