Are you a retail investor looking to invest in the Pakistan Stock Exchange (PSX) with convenience and simplicity? Look no further than the Sahulat Account, a new initiative by PSX to make investing easier and more accessible for everyone.
How to Open a Sahulat Account
- Select a Brokerage House: Choose a reputable brokerage firm and contact them to request account opening.
- Fill the Simplified Form: Complete the easy-to-fill account opening form and attach a copy of your CNIC.
- Submit the Form: Send the form to the brokerage house for processing and account opening.
Key Features of Sahulat Account
- Individual Account: Open an account as a single individual, no joint account holders required.
- Convert to Normal Trading Account: Convert your Sahulat Account to a normal trading account anytime you want.
- Trade Freely: Trade in the Regular Delivery Contract Market (Ready Market) with no restrictions.
- Risk-Free: No trading in leveraged products, such as Margin Trading System, Margin Financing, Stock Lending Borrowing, and Negotiated Deals Market.
- Online Trading Facility: Available with most brokerage houses (check with your brokerage).
Benefits of Sahulat Account
- Convenience: Simplified account opening process with minimal documentation.
- Simplicity: Easy-to-understand trading rules and restrictions.
- Risk Management: No trading in leveraged products to minimize risk.
- Flexibility: Convert to a normal trading account anytime.
Start Investing Today
Don’t miss out on this opportunity to invest in the Pakistan Stock Exchange with ease. Open your Sahulat Account today and start trading with a minimum investment of PKR 1,000,000. Take advantage of the online trading facility and start building your investment portfolio.
FAQs
- Who can open a Sahulat Account?: Any individual, including students, housewives, novice investors, and anyone interested in investing in the stock exchange.
- What is the minimum investment required?: PKR 1,000,000.
- Can I convert my Sahulat Account to a normal trading account?: Yes, anytime you want.
- Is online trading available?: Yes, with most brokerage houses (check with your brokerage).