Terms of Use

  1. The information presented on this website is prepared by First National Finance Corporation (“First National”, “we”, “our” or “us”) and intended for use of those parties who are interested in investing in the Maldives only.
  2. First National is licensed and regulated by the Capital Market Development Authority (“CMDA”), Maldives Stock Exchange (“MSE”) and Maldives Securities Depository(“MSD”), whose rules apply on us.
  3. The information provided on this website is correct and accurate as at the date of publication. however, we do not provide any warranty of accuracy as to the information presented and no liability will be taken by First National, its shareholders, directors or employees or agents in respect of any in accuracy, error, or omission (including any third-party liability) for any type of loss caused using this website or reliance as to the information presented. Additionally, we give no guarantee as to the uninterrupted usage and functioning of this website and its real time data.
  4. Where this website provides links to third party websites, this should not be construed as a recommendation of products or services offered on or through these third-party websites. By entering these websites you are at your own risk. We cannot guarantee the accuracy, reliability and completeness of the information contained on such websites.
  5. Execution of trade orders are conducted by the MSE whereas, the MSD maintains the depository account. We, therefore, take no liability for actions or decisions taken by these regulators.
  6. You are required to make payment in advance for buy orders as instructed by us. For sell orders, we will make the proceeds less charges to the account you have provided for remittance.
  7. For each trade you are subject to our commissions, fees payable to the CMDA and fees payable to the MSE. Our commission is negotiable however, CMDA and MSE fees are non-negotiable.
  8. The information in this web site is not intended and should not be construed as investment, tax, legal, financial, or other advice. Before making any investment in the securities market we advise that you study a products features, conditions and relevant risks and carefully review offering documentation with your financial, legal and tax advisors to determine whether an investment would be suitable for your desired outcomes.
  9. Personal information of investors shared and stored on this website will be kept in confidence. We will maintain strict confidentiality of such information unless disclosure of information is required by regulatory or law enforcement agencies.
  10. By registration on this website you are representing and warranting that you agree to abide by all the applicable Maldives laws in respect of securities investments.
  11. The information on this website is subject to change to align with the Maldives securities market without notice and other terms not stated specifically here will be governed by Maldives laws.

Schedule of Fees

Volume (MVR)First NationalCMDAMSETotal
< 50,0001.5%0.025%0.475%2%
50,000 - 100,0001%0.025%0.475%1.5%
> 100,0000.5%0.025%0.475%1%
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