Account Opening
How can I sign up for KTrade Securities Limited (formerly known as Khadim Ali Shah Bukhari Securities Limited)?
You can download our Account Opening Form from our website kasb.com. Our forms are also available at our offices of KTrade Securities Limited (formerly known as Khadim Ali Shah Bukhari Securities Limited)
Can my account be refused to be opened?
YouKTrade Securities Limited (formerly known as Khadim Ali Shah Bukhari Securities Limited) as it ranks amongst the top brokerage houses in the industry. It has been in the market since 1952 and has created goodwill for itself. Yes, KTrade Securities Limited (formerly known as Khadim Ali Shah Bukhari Securities Limited) reserves the right to refuse any account without assigning any reason.
What is the minimum amount required for opening an account?
The minimum amount required to set up an account is Rs. 500,000
How long does it take Activate/Open an account?
It depends on how quickly information is sent in. The registration process usually takes: 4 – 6 working days for cheque OBC (Outbound Cheque) may take up to 15 working days Depositing cash will take 3 – 4 working days after receiving the original bank deposit slip. Kindly mention “New account” on the bank deposit slip. You may also make the deposit through Online Bank Transfer
How can I deposit initial amount in KTrade Securities Limited (formerly known as Khadim Ali Shah Bukhari Securities Limited) account?
You may send your cheque / Pay order/DD in favor of ” KTrade Securities Limited (formerly known as Khadim Ali Shah Bukhari Securities Limited) – Client Account” by mail or drop it personally at offices of KTrade Securities Limited (formerly known as Khadim Ali Shah Bukhari Securities Limited) address is as following; KTrade Securities Limited (formerly known as Khadim Ali Shah Bukhari Securities Limited) 4th Floor, Bukhari TOwer, 16C, Khayaban-e-Bukhari, Phase VI, Karachi Pakistan
Can I open an account with shares/securities?
Yes, you can open your account with Physical shares and you can also transfer your shares from CDC Investor account or from your account with any other broker as well. The minimum amount of Rs.500,000/- through cash or cheque is also required for opening of account through shares
Do you offer mutual funds?
No. We do not offer mutual funds.
How can I close my KTrade Securities Limited (formerly known as Khadim Ali Shah Bukhari Securities Limited) account?
You will need to write a letter addressed to KTrade Securities Limited (formerly known as Khadim Ali Shah Bukhari Securities Limited) requesting the closure of your account. If you have any debt balance you will be required to clear it first. KTrade Securities Limited (formerly known as Khadim Ali Shah Bukhari Securities Limited) will send a letter to concerned authorities of NCCPL ( National Clearing Company of Pakistan) in order to get clearance. The account will be closed subject to clearance letter from NCCPL as per regulation. The Account Closing Request can be submitted at any of our branches or can be sent through Fax or courier
