LankaBangla Securities broker Accounts

lankabangla securities Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: lankabangla securities Account Types Overview

lankabangla securities Account Types Explained

LankaBangla Securities offers various account types tailored to meet the diverse needs of traders, ranging from beginners to experienced investors. Below are the primary account types available:

1. Individual Trading Account

• Minimum Deposit Requirement: BDT 10,000
• Spread/Commission Structure: Variable spreads starting from 0.5%
• Leverage Options: Up to 1:100
• Key Features: Access to a wide range of trading instruments, online trading platform, and research support.
• Target User Profile: Beginner to intermediate traders.
• Trading Instruments Available: Stocks, mutual funds, bonds.

1. Joint Trading Account

• Minimum Deposit Requirement: BDT 20,000
• Spread/Commission Structure: Variable spreads
• Leverage Options: Up to 1:100
• Key Features: Allows two individuals to jointly manage investments.
• Target User Profile: Couples, business partners.
• Trading Instruments Available: Stocks, mutual funds, bonds.

1. Corporate Trading Account

• Minimum Deposit Requirement: BDT 50,000
• Spread/Commission Structure: Variable spreads
• Leverage Options: Up to 1:100
• Key Features: Designed for companies and institutions, with tailored services.
• Target User Profile: Corporates and institutions.
• Trading Instruments Available: Stocks, mutual funds, bonds.

1. Islamic Trading Account

• Minimum Deposit Requirement: BDT 10,000
• Spread/Commission Structure: Variable spreads
• Leverage Options: Up to 1:100
• Key Features: Swap-free account compliant with Sharia law.
• Target User Profile: Muslim traders seeking Sharia-compliant trading options.
• Trading Instruments Available: Stocks, mutual funds, bonds.

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (not applicable)
• Spread/Commission Structure: Similar to live accounts
• Leverage Options: Up to 1:100
• Key Features: Practice trading without financial risk.
• Target User Profile: Beginners and those looking to test strategies.
• Trading Instruments Available: Stocks, mutual funds, bonds.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Individual Trading Account, Demo Account
• Intermediate: Joint Trading Account, Islamic Trading Account
• Advanced: Corporate Trading Account

Part 2: lankabangla securities Account Features Comparison

Detailed lankabangla securities Account Features

When comparing the features across different account types at LankaBangla Securities, the following aspects are crucial:

• Minimum Deposit:

• Individual: BDT 10,000

• Joint: BDT 20,000

• Corporate: BDT 50,000

• Islamic: BDT 10,000

• Demo: Virtual funds

• Maximum Leverage:

• All accounts offer leverage up to 1:100.

• Spreads (Typical/Minimum):

• Individual: From 0.5%

• Joint: Variable

• Corporate: Variable

• Islamic: Variable

• Demo: Similar to live accounts

• Commission Fees:

• Generally, there are no commission fees for individual and joint accounts, while corporate accounts may have specific fees based on trading volume.

• Lot Size:

• Individual and Joint: Standard lot sizes

• Corporate: Customizable based on the companys needs

• Islamic: Standard lot sizes

• Demo: Standard lot sizes

• Available Trading Platforms:

• MT4, MT5, and proprietary platforms for all account types.

• Execution Type:

• Market execution for all accounts.

• Islamic Account Availability:

• Available for Muslim traders.

• Swap-Free Options:

• Offered in Islamic accounts.

• Demo Account Features:

• Virtual balance for practice, access to all trading instruments.

Advantages of Each Account Type

• Individual Account:
• Easy to open, low minimum deposit, access to research.
• Joint Account:
• Shared management, suitable for partnerships.
• Corporate Account:
• Tailored services, higher deposit limits, corporate benefits.
• Islamic Account:
• Sharia-compliant, no interest fees.
• Demo Account:
• Risk-free trading, practice environment.

Disadvantages of Each Account Type

• Individual Account:
• Limited to individual traders.
• Joint Account:
• Requires cooperation between partners.
• Corporate Account:
• Higher minimum deposit, more complex setup.
• Islamic Account:
• Limited to Muslim traders.
• Demo Account:
• No real profits, limited duration.

Part 3: lankabangla securities Account Opening Requirements

lankabangla securities Account Registration Requirements

Eligibility Criteria:

• Age Requirements: Minimum age of 18 years.
• Geographic Restrictions: Open to residents of Bangladesh; specific restrictions may apply to foreign nationals.
• Prohibited Countries: Not specified in the sources.

Identity Verification Documents Needed:

• National ID or Passport
• Recent passport-sized photograph

Proof of Residence Requirements:

• Utility bill or bank statement with the applicant's name and address.

Additional Documentation for Professional Accounts:

• Business registration documents for corporate accounts.

KYC/AML Compliance Procedures:

• Standard Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures apply.

Verification Time Frames:

• Account verification typically takes 1-3 business days.

Part 4: lankabangla securities Account Opening Process

Step-by-Step lankabangla securities Account Opening Guide

1. Visit Website and Click Registration:

• Go to the LankaBangla Securities website.

1. Personal Information Entry:

• Fill in personal details such as name, address, and contact information.

1. Choose Account Type:

• Select the desired account type (Individual, Joint, Corporate, Islamic).

1. Set Trading Preferences:

• Indicate trading preferences and risk tolerance.

1. Document Upload:

• Upload required identification and proof of residence documents.

1. Account Verification:

• Wait for the verification process to be completed.

1. Fund Your Account:

• Deposit the minimum required amount to activate the account.

1. Start Trading:

• Begin trading once the account is funded and verified.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile registration may have additional steps for document uploads.

Common Registration Issues and Solutions

• Issue: Document upload failure.

• Solution: Ensure files meet size and format requirements.

• Issue: Verification delays.

• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade, providing necessary documentation.

Part 5: lankabangla securities Demo Account Information

lankabangla securities Demo Account Guide

Demo Account Features and Benefits

• Allows traders to practice without financial risk.
• Access to all trading instruments available in live accounts.

How to Open a Demo Account

• Visit the LankaBangla Securities website and select the demo account option.

Demo Account Limitations

• Limited duration and virtual funds only.

Virtual Balance Amount

• Typically set at BDT 1,000,000 for practice purposes.

Demo vs Live Account Differences

• Demo accounts use virtual funds, while live accounts require real money deposits.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days unless extended.

Part 6: lankabangla securities Islamic Account Details

lankabangla securities Islamic Account Details

Swap-Free/Islamic Account Availability

• Islamic accounts are available for traders seeking Sharia-compliant options.

Eligibility Requirements

• Must be a Muslim trader.

Differences from Standard Accounts

• No swap fees charged on overnight positions.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process.

Restrictions or Special Conditions

• Must adhere to Sharia law in trading practices.

FAQs – lankabangla securities Account Types & Opening

1. What account types does lankabangla securities offer？

• Individual, Joint, Corporate, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Individual: BDT 10,000, Joint: BDT 20,000, Corporate: BDT 50,000, Islamic: BDT 10,000, Demo: Virtual funds.

1. How long does lankabangla securities account verification take？

• Typically 1-3 business days.

1. Does lankabangla securities offer demo accounts？

• Yes, demo accounts are available for practice trading.

1. Can I have multiple account types with lankabangla securities？

• Yes, you can open multiple account types.

1. Does lankabangla securities offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available.

1. What documents do I need to open a lankabangla securities account？

• National ID or Passport, recent photograph, and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.