Wednesday, August 21, 2013

How to trade in Karachi Stock Exchange?




Trading at Karachi Stock Exchange is pretty simple. You just have to follow three steps and they are:

Step 1:

Choose Broker of your choice. Some of the most popular brokers are:
1- AKD Securities – www.akdtrade.com
2- Arif Habib Securities – www.ahletrade.com
3- Fauji Securities – www.fsedge.com

Step 2:

Open Account with the broker by filling in Account Opening Form. You can download the form directly from their website, have it filled and send them either through courier or submitting it directly in their office premise. You can also scan it and send them via Email.

Please keep in mind the following tips while filling Account Opening Form:
  1. Your name, signature and other details will be verified from NADRA, so fill in your details exactly as they appear in your CNIC/Passport
  2. Subscribe to CDC Access facility so you can monitor your investments. Also, ensure that you don’t provide portable mobile number
  3. Provide your Bank details so you can transfer funds and receive dividends in your account directly
  4. You can also pledge your shares /securities to secure loan from a bank

Step 3:

Make a Payment to the broker from variety of payments options available. That’s it!

You will then receive a Welcome Pack via courier from Broker with Web/Mobile trading terminal user id & password that you can use it for online trading.

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