One of the world’s hardest-to-enter stock markets is quickly becoming accessible to investors from around the world. However, investing directly requires the use of a broker based in Tehran. With over 70 brokerage firms currently recognized by Iran’s Securities and Exchange Organization, where does one start? The following is a list of the Top 10 largest brokerage firms for the Tehran Stock Exchange (TSE) based on volume of transactions.
#1 Mofid Securities
Mofid Securities (English Translation: suitable/beneficial) is a privately owned investment advisory and a full service brokerage firm in Iran that was established in 1994. One of a trio of Iranian brokers—Turquoise Partners, Agah Brokerage Co. and Mofid Securities—which signed partnerships with boutique asset managers in 2015 to launch Iran-focused investment funds.