Hafez Brokerage Co. شرکت کارگزاری حافظ

What Hafez Brokerage Co. شرکت کارگزاری حافظ does

Hafez Brokerage Co. (شرکت کارگزاری حافظ) is a Tehran-based, privately held Iranian brokerage firm that has operated for over 20 years in Iran's capital market and holds a Class A (رتبه الف) license from the Securities and Exchange Organization (SEO). The firm is licensed to execute trades across the Tehran Stock Exchange (TSE), Iran Mercantile Exchange (IME), Iran Energy Exchange (IEE), Farabourse Iran (OTC), and Iranian derivative and futures markets, making it one of the few multi-asset brokerages in the country. It also distributes investment fund units (equity, fixed-income, mixed, and gold funds), provides investment advisory (مشاوره سرمایه‌گذاری) and discretionary portfolio management (سبدگردانی اختصاصی), serves as listing agent/manager for IPOs, and handles futures and forward (آتی و سلف) contract services. The firm is partially referenced within the Datam Financial Group and employs 72 staff. Hafez Brokerage delivers its services through a hybrid online + physical distribution model. The proprietary Hafez Trader (حافظ تریدر) platform is its flagship high-speed online and mobile trading system, complemented by integrated third-party platforms: Tadbir Online (equities), Kaman (derivatives), CoinOnline (commodity derivatives), the ebgo commodity exchange portal, and an Offline Internet Panel. Onboarding is fully digital via Sejam online identity verification (احراز هویت سجام) and online account opening. Physically, the firm operates 21 active branches nationwide plus a network of over 70 sub-branches, agent offices, and independent marketers (bazaaryabs). The Hafeziye (حافظیه) customer club provides commission rebates and credit allocation to active clients, and a "smart credit allocation system" (سیستم تخصیص اعتبار هوشمند) supports retention. Marketing is multi-channel: educational blog, Instagram, Aparat video, and Bale messenger community engagement. Registered capital is 4,500 billion Rials and the firm reported 1,530,000 billion Rials in financial turnover in Iranian year 1399 (2020-2021), when it ranked 7th by trading volume among Iranian brokerages. Revenue is generated primarily through regulated brokerage commissions on buy/sell transactions across all supported exchanges, supplemented by advisory fees from portfolio management and consulting services, and transaction fees from contract acceptance services for new listings and futures/forward agreements. Channel-partner economics (commission rebates and credit allocation to branches and marketers) form a meaningful component of partner-facing economics.

Name

Hafez Brokerage Co. شرکت کارگزاری حافظ

Legal name

شرکت کارگزاری حافظ

Website

https://hafezbroker.ir

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Hafez Brokerage Co. is a Class A-rated Iranian brokerage firm executing trades across TSE, IME, IEE, and derivatives markets for retail investors, branch partners, and corporate issuers via proprietary Hafez Trader and integrated platforms, supported by 21 active branches and 70+ partner locations.

Ownership category

akta.pro rank

Product category

Securities Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Investment Advice (6282)

akta.pro primary industry

Multi-Asset / Cross-Asset Brokerage (FSAEACAM)

akta.pro secondary industries

Full-Service Brokerage (Wirehouse/Universal) (FSAEACAA), Discount & Online Retail Brokerage (FSAEACAB)

Keywords

• Securities brokerage
• Online trading platforms
• Investment advisory
• Portfolio management
• Commodity exchange services

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Brokerage Commission: Hafez Brokerage earns commission fees (کارمزد) on all buy and sell transactions executed across Tehran Stock Exchange, Iran Mercantile Exchange, Iran Energy Exchange, and derivative markets. The brokerage offers commission rebates to high-volume clients and channel partners.
2. Investment Advisory and Portfolio Management: Provision of investment advisory services and portfolio management (سبدگردانی) to clients, generating advisory fees.
3. Acceptance and Contract Services: Fees from acceptance (پذیرش) services for new listings and contract execution for futures and forward (آتی و سلف) agreements.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Hafez Brokerage Co. is a Class A licensed Iranian brokerage firm that executes securities, commodity, energy, and derivatives trades on behalf of clients across the Tehran Stock Exchange (TSE), Iran Mercantile Exchange (IME), Iran Energy Exchange (IEE), and Farabourse. It offers online and mobile trading platforms (including the proprietary Hafez Trader), remote account opening with Sejam identity verification, discretionary portfolio management, investment advisory, investment fund distribution, and futures/forward contract services through a network of 21 branches and over 70 sub-branch/agent/marketer locations.

Product overview

Hafez Brokerage Co. operates as a diversified Iranian brokerage firm offering a multi-platform product portfolio. The core offering spans multiple exchange segments: Stock Exchange (TSE), Commodity Exchange (IME), and Energy Exchange, complemented by investment fund distribution, discretionary portfolio management, and investment advisory services. The company's digital infrastructure is anchored by its flagship Hafez Trader platform alongside integrated modules including the Tadbir Online Trading System, Kaman (Derivatives), CoinOnline (Commodity Derivatives), and the ebgo Commodity Exchange platform. Client-facing digital services include the Hafeziye (Customer Club) loyalty program with smart credit allocation, the Sejam online identity verification system, and an online account opening portal. Additional services include futures and forward (salaf) contracts, investment consulting, and educational resources.

Differentiator

Problem solved

Functional benefit

Brands

• حافظ تریدر (Hafez Trader): Proprietary high-speed trading platform offered by Hafez Brokerage for online and mobile securities trading.
• باشگاه مشتریان حافظیه (Hafeziye Customer Club)

Products and services

• Hafez Trader (حافظ تریدر)
• Tadbir Online Trading System (سامانه آنلاین تدبیر)
• Kaman Derivatives Trading Platform (کمان)
• CoinOnline Commodity Derivatives Platform (کوین آنلاین)
• Ebgo Commodity Exchange Platform (سامانه آنلاین بورس کالا)
• Offline Internet Trading Panel (پنل اینترنتی آفلاین)
• Stock Exchange Brokerage Services (خدمات بورس اوراق بهادار)
• Commodity Exchange Brokerage Services (خدمات بورس کالا)
• Energy Exchange Brokerage Services (خدمات بورس انرژی)
• Investment Fund Services (صندوق‌های سرمایه‌گذاری)
• Futures and Forward Contracts (خدمات آتی و سلف)
• Discretionary Portfolio Management (سبدگردانی اختصاصی)
• Online Account Opening (افتتاح حساب آنلاین)
• Hafeziye Customer Club (باشگاه مشتریان حافظیه)

Quantifiable outcome

• 7th brokerage by trading volume (2019/2020)
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• Moayer Investment Consulting (مشاور سرمایه‌گذاری معیار)minorStrategic or Co-development Partner · 28 February 1405Hafez Brokerage co-hosted a specialized industry session on the future of the petrochemical sector in the post-war era with Moayer Investment Consulting, demonstrating joint thought leadership and client engagement.
• Enigma (انیگما)minorStrategic or Co-development Partner · 7 May 1402Enigma is a specialized fundamental analysis reference for Iran's stock market. Hafez Brokerage signed a strategic cooperation MOU with Enigma on August 2023 to provide enhanced analytical tools and value-added services to clients, creating competitive advantage for both parties.
• Bank Iran Zamin (بانک ایران زمین)coreStrategic or Co-development PartnerBank Iran Zamin is listed as a strategic partner of Hafez Brokerage. The bank offers financing and banking services that complement Hafez's brokerage operations, including credit facilities for investors.
• Iran Securities and Exchange Organization (SEO) (سازمان بورس اوراق بهادار)coreStrategic or Co-development PartnerThe Securities and Exchange Organization is the primary regulatory body for Iran's capital markets. Hafez Brokerage operates under SEO's regulatory framework as a licensed Class A brokerage firm.
• Tehran Stock Exchange (TSE) (بورس اوراق بهادار)coreStrategic or Co-development PartnerTehran Stock Exchange is the primary equities exchange in Iran where Hafez Brokerage executes stock trades for its clients. Hafez is a licensed member of TSE.
• Iran Mercantile Exchange (IME) (بورس کالای ایران)coreStrategic or Co-development PartnerIran Mercantile Exchange is the commodity exchange where Hafez Brokerage executes commodity trades and provides online commodity trading access.
• Iran Energy Exchange (IEE) (بورس انرژی ایران)coreStrategic or Co-development PartnerIran Energy Exchange is the energy exchange where Hafez Brokerage provides energy commodity trading services.
• Farabourse Iran (فرابورس ایران)coreStrategic or Co-development PartnerFarabourse Iran is the Iranian over-the-counter market. Hafez Brokerage is a licensed member enabling clients to trade on Farabourse.
• Iran Capital Market Depository (CID) (شرکت سپرده گذاری مرکزی)coreStrategic or Co-development PartnerThe Central Securities Depository of Iran (CSD) provides depository, settlement, and clearing services. Hafez Brokerage operates within this ecosystem for all trades.
• Brokers Association (کانون کارگزاران بورس)coreStrategic or Co-development PartnerThe Brokers Association is the industry body for Iranian brokerages. Hafez Brokerage's CEO, Mohammad Sadegh Ahmadian Taheri, serves on the board of the Brokers Association.
• Hafez Investment Targeting (سرمایه گذاری هدف حافظ)coreStrategic or Co-development PartnerHafez Investment Targeting (Hadaf Hafez) is an affiliated investment advisory company. It is listed as a Hafez Group entity providing investment consulting services alongside the brokerage.
• Tadbir Tavangaran Development Mines and Metals (سرمایه گذاری توسعه معادن و فلزات)minorStrategic or Co-development PartnerListed as a strategic partner of Hafez Brokerage. A major Iranian investment holding company active in mining and metals sectors.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Interactive Brokers: Global multi-asset online broker serving active traders across equities, options, futures, and commodities. Comparable as a multi-asset online brokerage business model, though operating in a vastly larger and more diversified market.

Direct peers

• Refah Kargaran Brokerage (کارگزاری بانک رفاه): Brokerage arm of Bank Refah Kargaran offering multi-exchange brokerage and advisory services in Iran. Comparable as a bank-affiliated brokerage competing for the same retail segments.
• Pasargad Bank Brokerage (کارگزاری بانک پاسارگاد): Brokerage affiliated with Bank Pasargad offering online and branch-based trading across TSE, IME, and related Iranian exchanges. Highly comparable in scope, distribution model, and customer base.
• Agah Brokerage Co. (کارگزاری آگاه): One of Iran's largest online-first brokerages, offering equities, derivatives, and commodities trading across Iranian exchanges. Highly comparable as a direct multi-channel competitor serving the same retail customer base.
• Tejarat Bank Brokerage (کارگزاری بانک تجارت): Brokerage arm of Bank Tejarat offering equities, commodities, and derivatives trading across Iranian exchanges. Directly comparable in product breadth and bank-affiliated distribution model.
• Mellat Brokerage (کارگزاری بانک ملات): Brokerage arm of Bank Mellat providing multi-exchange brokerage and investment services in Iran. Comparable as a bank-affiliated, multi-asset broker competing for the same retail and institutional clients.
• Saderat Iran Brokerage (کارگزاری بانک صادرات): Brokerage arm of Bank Saderat providing full-service brokerage across Iranian capital markets. Comparable as a bank-affiliated Class A competitor with nationwide branch reach.
• Mobin Brokerage (کارگزاری مبین): Iranian brokerage affiliated with industrial holding groups, active across TSE and derivatives. Comparable as a multi-asset broker with corporate and retail clients in Iran's capital markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hafez-brokerage-co

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hafez Brokerage Co. شرکت کارگزاری حافظ