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Your Complete Guide to Opening a PSX Trading Account

Opening a trading account with the Pakistan Stock Exchange (PSX) is your gateway to building wealth. Here is your step-by-step roadmap.

Why Invest in the Pakistan Stock Exchange?

The PSX offers Pakistani investors an opportunity to participate in the country's economic growth by investing in over 500 listed companies. With proper research and strategy, stock market investing can generate significant returns over the long term while helping you achieve your financial goals.

Step-by-Step Process

1

Choose a Licensed Broker

Your first critical decision is selecting a SECP-licensed brokerage firm that holds a valid Trading Rights Entitlement Certificate (TREC) from PSX.

  • Trading fees (0.15% - 2.5%)
  • Mobile app quality
  • Research tools provided
  • Customer service reputation

Popular firms: AKD Securities, JS Global, Arif Habib Ltd, KTrade, Foundation Securities, BMA Capital.

2

Gather Required Documents

For Regular Accounts

  • • Valid CNIC (Front & Back)
  • • Bank Account with IBAN
  • • Proof of Income (Salary slip/Biz docs)
  • • Utility Bill (Address proof)
  • • Nominee CNIC
  • • Zakat Declaration (if applicable)

For Sahulat Accounts

  • • Valid CNIC Copy
  • • Bank Account with IBAN
  • • Basic Personal Info
  • • No Proof of Income Required
3

Fill Account Form

Complete the Standardized Account Opening Form (SAOF). Most brokers offer fully digital onboarding:

  • 1. Register on broker website/app
  • 2. Upload documents
  • 3. Digital signature
4

KYC & Biometric

Mandatory verification through NADRA and NCCPL to generate your Unique Identification Number (UIN).

Takes 2-3 working days.

5

Fund Your Account

Deposit funds via Cheque or Online Transfer to the broker's Client Account.

Never deposit cash or transfer to a personal account.

Min Deposit: PKR 5,000 - 10,000

6

Start Trading

Receive your login credentials for the web portal or mobile app.

Popular platforms: TradeCast, KiTS, and proprietary apps.

Account Types Comparison

Regular Trading Account

For investors with verifiable income.

  • Unlimited investment amount
  • Access to all markets
  • Margin trading available

Sahulat Account

For students, housewives, freelancers.

  • No income proof needed
  • Max Investment: PKR 1 Million
  • Ready Market only (No leverage)

Understanding Costs & Fees

Brokerage Commission

0.15% - 2.5% per transaction (Negotiable)

PSX Trading Fee

Charged per PKR 100,000 trade value

Government Taxes

CVT, Advance Tax (Filer/Non-Filer rates differ)

CDC Charges

For custody and settlement of shares

Tips for New Investors

Start Small

Begin with PKR 10k-25k to learn without high risk.

Diversify

Spread investments across sectors (Banks, Cement, Tech).

Focus on Blue Chips

Stick to established companies with track records.

Think Long Term

Patience is key. Don't try to time the market perfectly.

Overseas Pakistanis

Invest through the Roshan Digital Account (RDA).

  • 1. Open RDA with a Pakistani bank online.
  • 2. Select PSX broker from bank portal.
  • 3. Bank coordinates with CDC/NCCPL.

Islamic Investing

Trade Shariah-compliant stocks (KMI-30/KMI-All).

Look for Islamic Trading Accounts from brokers like Al Meezan, AKD, KTrade, etc.

Ready to Begin?

The Pakistan Stock Exchange offers a transparent and regulated platform for wealth creation. Start your journey today.

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