Bank Asia Securities Limited Forex Broker

Bank Asia Securities Limited Review SummaryFounded2014Registered Country/RegionBangladeshRegulationUnregulatedMarket InstrumentsPanel Broking, Margin Loan, CDBL Services, Brokerage Services, Depository ServicesDemo Account❌Leverage/Spread/Trading PlatformDSE-Mobile (App), DSE-Mobile VIP, DSE-Mobile Trader, DSE-Mobile Biz Owner, DSE-Investor (Web)Min Deposit/Customer SupportHadi Mansion (2nd Floor), 2 Dilkusha Commercial Area, Dhaka-1000, Bangladeshinfo@basl-bd.com+8802-47119242, +8802-223387884Bank Asia Securities Limited Information To institutional and personal investors in Bangladesh, Bank Asia Securities Limited mostly provides margin loans, brokerage, and depository services. BASL lets trading across several financial items using a strong branch network and access to Dhaka Stock Exchange systems.Pros and ConsPros Cons Wide range of financial services and trading productsUnregulatedUser-friendly DSE-Mobile platform optionsLimited information on fees and spreadsAccessible branch networkNo demo accountsIs Bank Asia Securities Limited Legit? Bank Asia Securities Limited is not regulated and does not hold any legitimate licenses, either in its home country of Bangladesh or by internationally recognized regulators such as the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission. Investors face enormous risks due to a lack of regulation, as there are no oversight procedures to protect financial stability and trading integrity. According to WHOIS, the domain basl-bd.com was registered on June 14, 2014 and is currently live. The domain is planned to expire on June 13, 2029, with the last update scheduled for December 8, 2024.Services and Products Emphasizing brokerage, margin loans, and depository activities, Bank Asia Securities Limited offers a spectrum of financial services and products to its customers. By means of a large branch network, these services provide accessibility to both institutional and individual investors.Tradable Instruments Supported Panel Broking✔Margin Loan✔CDBL Services✔Brokerage Services✔Wide Branch Network✔Depository Services✔Bank Asia Securities Limited Fees Service Fee: BDT 125.00 (including VAT and tax) per connection per month for TREC holders. Investor Charges: No additional registration, commission, or transaction fees except DSE-imposed charges.Trading PlatformTrading PlatformSupported Available Devices Suitable for what kind of tradersDSE-Mobile (App)✔iOS, AndroidRetail investors seeking real-time market updates and trading capabilities.DSE-Mobile VIP✔iOS, AndroidInvestors needing professional portfolio management and order execution.DSE-Mobile Trader✔iOS, AndroidInvestors managing their orders independently (submission, modification, cancellation).DSE-Mobile Biz Owner✔iOS, AndroidBusiness owners monitoring broking business activities (dealer accounts).DSE-Investor (Web)✔PC, Laptop (HTML-5 browsers)Investors preferring browser-based portfolio monitoring and order management.Deposit and Withdrawal For its clients' BO ( beneficiary owner), Bank Asia Securities Limited (BASL) provides easy deposit and withdrawal systems. Clients can make checks or cash physically through BASL's bank account as well as monies into their portfolio accounts kept maintained with BEFTN/RTGS/NPSB.