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SURMAWALA broker Accounts

Surmawala Securities Account Type

Surmawala Securities offers a variety of account types tailored to meet the diverse needs of investors. The primary account types include:

  • Standard Brokerage Account: This is the most common type of account that allows investors to buy and sell a wide range of securities, including stocks and bonds. There is no minimum limit for account opening, making it accessible for beginners.

  • Margin Account: This account type allows investors to borrow funds from the brokerage to purchase securities, using the existing securities in their account as collateral. This can amplify potential returns but also increases risk.

  • Demat Account: This account is essential for holding physical shares in electronic form. Investors can transfer shares from their existing accounts or open a new account with physical shares.

  • Trading Account: This account is specifically for executing trades. It is linked to the brokerage account and allows for direct transactions in the stock market.

  • Surmawala Securities does not offer mutual funds, focusing instead on direct stock trading and related services.

    Surmawala Securities Broker Account Opening Process

    Opening an account with Surmawala Securities is a straightforward process that can be completed in a few steps:

    • Download the Account Opening Form: You can download the account opening form from the Surmawala website or obtain it directly from their office.

    • Complete the Form: Fill out the required details in the form accurately, ensuring all necessary information is provided.

    • Submit Required Documents: Along with the completed form, you need to submit relevant documents, such as identification and proof of address.

    • Initial Deposit: The minimum amount required to open an account is Rs. 5,000, which can be deposited via cheque, pay order, or cash.

    • Verification Process: The registration process typically takes 4-6 working days for cheque deposits and 3-4 working days for cash deposits after the original bank deposit slip is received.

    • Account Activation: Once your application is processed and verified, your account will be activated, allowing you to begin trading.

    • For further assistance, you can contact Surmawala Securities at their head office located at Karachi Stock Exchange Building, Karachi, Pakistan.

SURMAWALA accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
SURMAWALA Account