Rating Index

Pros

Comprehensive financial services: Next Capital offers a wide range of financial services including investment banking, institutional brokerage, retail investing, and equity research.

Multiple trading platforms: They provide various trading platforms such as the Eclipse trading terminal for desktops and mobile apps for Android and iPhone.

Transparent fee structure: Next Capital maintains a transparent fee structure, detailing commissions for stock trading and other financial transactions.

Cons

Lack of regulatory oversight: One of the significant concerns is the absence of regulatory oversight, which can pose risks regarding investor protection and financial transparency.

Uncertain MT5 availability: Although claimed, the availability of the MT5 trading platform is not confirmed with a download link on their website, which inconveniences traders looking for this platform.

High potential risk: The broker's suspicious regulatory license and scope of business raise concerns about the overall safety of trading with them.

Next Capital broker Accounts

Next Capital Account Type

Next Capital offers a range of account types designed to cater to various client needs, including individual and corporate accounts. The minimum deposit requirement to open an account is PKR 5,000. Additionally, clients have the option to open joint accounts for up to four individuals, facilitating shared investments and management.

Next Capital Broker Account Opening Process

Opening a broker account with Next Capital involves a straightforward process:

Choose Account Type: Decide whether you want to open an individual, corporate, or joint account.
Complete Online Application: Fill out the online account opening form available on their website.
Provide Required Information: Each holder must submit their details separately if opening a joint account.
Select Principal Account Holder: Determine who will be the principal account holder and inform customer support of your intention to open a joint account.
Customer Support Assistance: The customer support team will guide you through the rest of the process to ensure a smooth and efficient setup.

For further inquiries, you can contact their customer service at +92 21 111 639 825 or via email at cs@nextcapital.com.pk.