ZSL provides All brokerage services in Stocks PSX Pakistan Stock Exchange and Commodities PMEX. We also provide Underwriting for Listings and can help companies in achieving Listing on PSX we also provide Guidance on Trading in stocks and commodities. Locations of Zafar Securities are mentioned on Contact us page. We are planning to open one in Karachi very soon.

You can subscribe to all our research reports by registering your email at our blog Zafar Stocks News and Updates. We have been in the business for the last 20 years and our chief executive has been in this business for the last 25 years. He has also been the chairman of the exchange twice and has served on its board on a number of occasions. Currently there are no online trading terminal charges; however once we update our trading terminal which includes live and updated Financial Information there will be an annual minimum charge Rs.

We normally close at 5: We are registered with PSX code and SECP BRL Yes we have forum discussions in which you can participate and seek advice. We do not charge for our regular services, however the premium service like the fundamental data is available at a small subscription. Please visit our web page at www. Download form our web page BOS Trading Terminal. Register your email on our blog Zafar Stocks News and Updates. You can use the trading terminal to request the withdrawal of funds, or call your branch manger or the account executive to assist you.

You will be provided with a specific trader or account executive that will look after all your account related needs. There is no minimum requirement for investment in the PSX. However, a minimum cash balance of Rs. Following charges are applicable on all new accounts: Our Commissions are based on slab system and are not fixed as a percentage of value.

Further, we provide discounts on large volume deals and same day trading accounts. There are three types of accounts you can open. TYPE 1 Individual account Resident or non resident Pakistani Individuals can also have joint accounts.

TYPE 2 Company Account Incorporated in Pakistan Requirements a Article of Memorandum and Association b Board Resolutions c Form A d Certificate of Incorporation e List of authorized persons who will operate the account and their CNIC.

TYPE 3 Foreign National Account SACRA account You can download our forms for the web page or come to any of our branches to receive the account opening forms. You will have to verify your signatures from your bank and physically post the forms to us or deliver them by hand to any of our offices. For more details you can check our Invest into PSX Pakistan Stock Exchange information. It takes working days to open an account. Yes but we will require the original forms to open your account.

Dividend mandate if checked in your SAVE is automatically sent to your designated bank by the company. If you are not getting it kindly check with the company. You will get the counter folio of the dividend once the company has deposited it in your designated bank account. You need to download our commodity form and fill out the details and bring it to our office along with you attested CNIC.

Once approved you will be allotted a login and password by PMEX. Syed Asim Zafar is chairman of Zafar Securities Pvt. You will have to contact us through your email account registered with us; in order for it to become active again.

The account is blocked due to the following reasons: Incomplete or missing documentations 2. Investor account allows you to maintain your custody with CDC directly.

All the fees are automatically charged on your account.

How to invest in Pakistan stock exchange - FAQ’s Zafar Securities

You are requested to keep a minimum balance of Rs. Account opening charges are deducted once at account opening time and then annually for account maintenance. You should have your CNIC attested from a 19 grade officer or above. Further you can bring the original to our office and get a scanned copy for the record. Yes, you can trade on PSX from anywhere in the world as long as you have opened an account with ZSL. Have the transfer deeds verified from the company registrar.

Bring the transfer deeds along with the physical shares to ZSL office. ZSL staff will fill out the share deposit request form. ZSL will send the physical shares along with the transfer deeds and share deposit request form to the company registrar.

The company registrar will deface the share certificated and grant approval for CDC. The entire process may take up to 8 weeks. You should have the entire amount in your account before you buy the shares. You can buy upto 3 times your net equity with ZSL. ZSl will not provide any margin trading facility; however you can trade in the margin trading system. Online trading system of ZSL is called BOS Trading Terminal. You can download it for free form our web portal www.

There is no minimum or maximum of shares that can be bought at ZSL. But remember that you need to have to make full payment in order to settle your obligations with PSX. Its advisable to invest only that amount which is freely available and is at your disposal. You can only deposit cash up to Rs. We do not pay cash in any accounts. You will only be provided a payee account check. We want to see future investors of capital market grow.

So young students who want to feel the trading environments get Rs. Commission is based on the contract; you are advised to discuss your slab with your account executive. You can participate in the book building process or apply for shares when the company goes for public subscription. Bonus shares are automatically credited to your CDC sub account; subject to fulfilling the tax requirements of FBR. Right shares have to be subscribed to by receiving the letter of rights from our CDc department and payment of the appropriate amount in the designated bank of the company.

Your shares will than be available in your cdc sub account ; within 45 days thereof. The rights offer will lapse and the company may offer the same to anyone else. Yes you may open account with other brokers; however all your accounts will be tagged by a unique identification number CNIC.

Only authorized person can trade in your account. Power of attorney has to be given to that person. Either through on line fund transfer in any of our bank accounts or through cross check payee only account of Zafar Securities Pvt. Commission is based on Slab system and vary on Share price.

Yasir Mahmood Securities (Pvt) Ltd

So for example if you were to purchase a share whose price is Rs. Similarly if you were to sell at Rs. Please consult your slab to get further understanding. Also there are special discounts for day trading and we have different slabs for future and MTS trading. Right before the book closure of a company the PSX announces a spot date.

Check our trading chart. Whenever there is an action eg. And book closure dates are 15 March to 18 March. So the x-date will be 15th. If you buy on the 15th you will not be entitled for the said bonus. You should discuss your risk profile with our account executive and then make the investment. We only make payee account checks and no cash is paid. We only make payee account checks and can facilitate our valued clients by depositing money into their bank account. You can hold shares as long as you desire.

We have had some clients that have held physical shares since partition No there are no guarantees in the capital market. You will be assigned an account executive who will assist you and provide you with regular updates. You should call the IT department at or your account executive and update him regarding the problems. Yes we offer discounted commissions on same day trading. This is the amount of investment you are allowed based on your available custody and cash.

Custody reduced value is the value of your shares after applicable haircuts. The stock exchange provides a market place where shares can be bought and sold. The stock exchange admits companies for trading at their securities. It provides a market for raising capital by companies. It provides a market place for shares of listed public companies to be bought and sold, by bringing companies and investors together at one place.

All stock exchanges KSE, LSE,ISE are marged into one stock exchange which is PSX Pakistan Stock Exchange. The stock exchanges have introduced online trading system to provide a fair, transparent, efficient and cost effective market mechanism to facilitate the investors.

The trading system comprises of four distinct segments, which are, 1. Provisionally Listed Counter; 3. Spot Transactions; and 4. It reduces the time between execution and settlement of trades, which in turn reduces the market risk.

It reduces settlement risk, as the settlement cycle is shorter. The shares of companies, which make a minimum public offering of Rs. Spot transactions imply delivery upon payment. Normally in spot transactions the trade is settled within 24 hours.

A Futures contract involves purchase and sale of a financial or tangible asset at some future date, at a price fixed today. Each share represents a small stake in the equity of a company. You can buy large or small lots to match the amount of money you want to invest online. If you decide to sell your shares you will need to deliver share certificates to the broker in time for the transaction to be completed.

With the introduction of the Central Depository System CDS , an investor can have shares in paper form or can own shares in an electronic book- entry form at the Central Depository Company CDC. Companies issue shares to raise money from investors.

This money is used for the development and growth of businesses of companies. A Company can issue different types of shares such as ordinary shares, preference shares, shares without voting rights or any other shares as are permissible under the law.

Studies have shown that over a twenty-year span, investment in shares has provided greater returns than most other forms of savings.

ZSL Online shares trading can provide you with a regular stream of income through dividends as well as the potential for your investments to grow in value.

If the prices of shares go up, you can sell them for more than you paid. This is called capital gain.

Dividends are returns paid to shareholders out of the profits of the company. Returns can be in the form of cash or additional shares of the company called bonus shares. This is one of the ways in which shares differ from deposit accounts.

The principal amount of money you put in a bank or any fixed income savings scheme always stays the same e. With good management, the value of your investment in shares of a company can grow over time so that your shares are worth more than you paid for them.

This is capital growth. Buying shares can offer advantages over saving in deposit accounts: You share the rewards when the company does well and the price of the shares goes up. But if the company performs badly, the share price may go down and the value of your investment will be reduced. Other factors, such as the performance of the stock market as a whole and the general economic climate, may also affect the price of your shares.

The shareholders can be rewarded for taking this risk and the potential return on your money can be higher than that on other investments.

You can reduce your risks with careful planning. We have unified in to PSX so there will only be the best price available all the time. In case of death of account holder the nominee is in charge of the account ZSL is bound to follow the instructions given by the nominee.

If there is no nominee of the account than only a valid succession certificate will be considered as valid instructions. Further a nominee is the authority until the succession certificate is produced which states otherwise. For callers in Pakistan, this facility is provided through — CDCPL.

The key activities provided through CDC access — IVR are as follows: Also you can visit your web account anytime and from anywhere to view your status. This account should match with your CDC sub account with ZSL. You should periodically match this with the print out of your CDC sub account. Please fill out the CDC transfer request form and give it to the broker concerned. After due diligence the broker should transfer the shares to your account with ZSL.

Please note that the account in both broker houses should match exactly. No there are no guarantees of profit in stock markets. You can also review the Shariah-compliant stocks based index at PSX.

We can provide you with view only trading terminal and mobile app, you will only be able to view market information rates no trading is allowed.

Dhaka Stock Exchange

However SECP gives you a Stock Trading Simulator where you can also open demo account in which you can do dummy trading and view your account details and manage a dummy portifolio. If you double your dummy money please apply for a job with us.

Profit are subject to investment risks. Always compare your investments to the benchmark index and factor opportunity costs. Keep learning but start with the basics like effects of demand and supply on stocks.

Please feel free to contact us on live chat or any of our contact numbers. Yes you may receive your payee account check from any of our branches, provided you provide us with the appropriate instructions before hand. Dividend income is always taxed at source. Dividend income taxed at Losses if any will have to be adjusted within that financial year and are not allowed to be carried forward.

The physical shares can be transferred into your name by filling out the verified transfer deed specific to the share certificate. After affixing the appropriate revenue stamp the share certificate along with these transfer deeds are sent to the company registrar. Who will endorse the share certificates in your name and return you the shares at the address provided on the transfer deed. The broker has a very important role in the capital markets. Bonus share are those shares that the company issues and are pari passu to the company shares however these have been paid up by the company from it earnings.

Thus the shareholder does not have to subscribe to it by paying out of his own pocket. Basically these shares are free of cost for the shareholder.

Normally Blue Chip companies are those stocks that have a history of paying out handsome dividends and have a consistent record of good corporate earnings. Zafar Securities Pvt Ltd. We are one of the leading stock exchange and commodity brokerage houses in Pakistan with a client network spread all over the country.

Skip to content Subscribe for Daily Email Updates Trading Terminal PSX Glossary Investor Guide Sitemap Careers. Frequently Asked Questions Your Questions Answered Here! About Zafar Securities Private Limited Account Opening in PSX PSX Trading General Questions. About Zafar Securities Private Limited. What services are offered by ZSL and what benefits derived from those services offered?

Do you have office in Karachi? How can i access your research reports? What are the charges for online trading terminal? Do you have your office in LSE building? What is your closing time of office? What is your license no. Do you give tips or recommendations for investment? Do you charge for your services research reports, technical analysis, stock commentary? Can you email me your brochure so i could get information about your firm?

How to obtain online trading terminal? How to obtain report? Whom to contact for withdrawal of fund? You can use the trading terminal to request the withdrawal of funds, or call your branch manger or the account executive to assist you Would you assign us a separate trader? Account Opening in PSX. Account opening in PSX. What is the minimum investment required for opening of account? What are account opening charges?

Are there any annual charges? What is the account opening procedure if I am residing abroad? How many days does it take to open account? Can i email you the duly filled forms? Why am I not receiving dividend mandate? What is the procedure for opening account if i need to trade in commodities? Is it the brokerage house of Asim Zafar Son of S. Suspicious Trading activity What is an investor account?

I need to update my home address, mobile number, how can i do that? How account opening fee is to be deposited? From where can i get my CNIC attested? What is the procedure if I wish to sell physical shares? Why account is deactivated? Why account is blocked? Suspicious Trading activity What is the extent of margin provided by ZSL? What If any advance amount needs to be deposited? How can i access online terminal?

There is an offer for students on your website that Rs. Following are the terms and conditions: What are your commission charges in commodities market?

How can i purchase IPO of companies? How much can you reduce commission rates if these are negotiable? We offer special discounts for large volumes. Can another account be opened in more than one brokerage firms?

Power of attorney has to be given to that person How to deposit funds in account? Explain your commission slab. Could you provide a commission slab which is easily understandable? What is spot date? What is X- date? Is commission charged per share?

Yes the commission is charged per share. In what stocks do you make us invest? Is withdrawal of money made through cash or check? Can you transfer funds directly to my bank account?

For how long can I hold shares? Do you provide guarantee for investment? Who will assist us? Whom to call if there is problem in trading? Yes Index is trade able but very illiquid Do you offer same day trading facility? This is the amount of investment you are allowed based on your available custody and cash What is custody reduced value? What is The Stock Exchange? What is the Role of the Stock Exchange? How Many Stock Exchanges in Pakistan? What is Trading and Settlement? What is Provisionally Listed Counter?

What is Futures Contract? Why Do ZSL Issue Shares? Why Do Investors Buy Shares? What is Capital Growth? What are Risks And Rewards? How to transfer shares from sub-account to CDC investor account? Who is a nominee? What are IVR services? You should periodically match this with the print out of your CDC sub account How can i transfer shares from another brokerage house to your brokerage house?

Do you provide guarantee for profits? I want to trade in Shariah Compliant shares, how can i do this? Can you provide me a demo account for trading? How much profit can i make if I invest in stocks? Keep learning but start with the basics like effects of demand and supply on stocks who will teach me how to invest or trade as I am new in this field?

Is any prior experience required for trading in stock market? No not really, everyone has to start somewhere. Yes you may receive your payee account check from any of our branches, provided you provide us with the appropriate instructions before hand Do you have any software like an auction platform I can use to host a virtual exchange where my members can trade electronic securities with each other if I list them?

Can i trade in PSX if I do not open account at any brokerage firm? No, you can not. When is the account holder exempt from tax? What to do if physical shares are to be transferred to my name? What is your role as a broker? Do you provide counterfeit money via which we could do trading through demo account as that provided by Forex?

What are bonus shares? What are blue chip companies? Has the timing of stock exchange extended after formation of PSX? We have the same timings of PSX What is the base currency used for trading in PSX? All rates are in PKR. Share with your friends. Our Social Media Profiles. About Zafar Securities Pvt Ltd Zafar Securities Pvt Ltd. Zafar Securities website uses cookies to ensure you get the best experience on our website.