How to open stock market account in Pakistan (Overseas or Residents)

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What are the documents required to open stock exchange account in Pakistan and how to invest from overseas or resident Pakistanis? We shall be explaining how to initiate the process of opening the account and actual process of dealing with broker and other agencies like CDC and NCCPL. A common platform is used in most of the brokers which is TRADECAST - which we shall take an overview to execute a trade. Along with the trade cast app, the CDC interface will be discussed as well which is the central place to have a look at your portfolio.
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wali.substack.com/
Some options for the stock brokers in Pakistan
arifhabibltd.com
www.akdsecurities.net
topline.com.pk
bmacapital.com
0:00 Introduction
2:00 How to initiate the process of stock broker account in Pakistan
4:46 Actual process of opening the broker account
12:36 Transfer of funds to the broker account
13:51 Overview of the platform trade cast and CDC interface
22:15 Final words & conclusion
I like helping people around in their general productivity & personal finance situations as well as advising on wealth management which includes but not limited to property market in UAE and Pakistan, equity and commodities markets, bonds etc. Moreover, I have a keen interest in KZbin and social media marketing along with video editing and its marketing. I also have a keen interest in world current affairs and politics. Last but not the least I am an APPLE fanboy :-)
I am open for collaborations in the areas of my expertise from anywhere in the world. Following are my contacts:
Twitter handle: @wali_2k
Insta handle: @wali_2k
Email: [e-mail]
Tiktok: @wali_2k

[@WaliKhan_2k]

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[@hammadameen]

Asalam o alikum, thank you very much for the valuable information you provide for our guidance. Kindly provide the link of the video stock market explained

[@muhammadzaidawan1219]

K tarad WhatsApp ki shulat data Hy oversecc ka Lea Hy best Hy. As as ka bhary ma kha khta hy

[@aamersaeed1529]

Still account opening is difficult for tradind in psx and I have opened account in binance for crypto and it was halwa and then I opened account in brokers for Forex they are also halwa but psx is way more difficult

[@saimmuhammad2868]

sir arif habib best hay masha allah online sara kam khud kia unho nay

[@MrQamar79]

Masha Allah Great Video Sir Keep it up 👍

[@WaliKhan_2k]

Thanks for commenting :)

[@syedhabib994]

Very fruitful information.

[@WaliKhan_2k]

Thanks for the comment. and I am glad its helpful to you :-)

[@awais.iqbal847]

Mashallah sir Great job

[@JohnCenaJohnCena380]

I invested 10k in Mutual Funds. Just motivated from your video's. Now I am going to open account in stock market.

[@TechnicalPersonnel]

Another cool video. Its much easier to understand when you explain. Earlier I was thinking about mutual funds but now I got to know that real thing is stocks. I'm going to start in stocks as my side business.

[@ghulammurtaza2435]

kzbin.info/door/4LgPBLHieFhOeC45Z5_sDA

[@zarauppaluppal5385]

Your work is worth to appreciate Keep it up.

[@WaliKhan_2k]

Thanks a lot :-)

[@GhulamAbbas-bf4we]

Thanks dear Useful informations

[@WaliKhan_2k]

So nice of you :-)

[@dilawarsaiedlodi807]

Two types one is physical inform of paper other CDC electronic share deposit in CDC account

[@mansoorjadoon3852]

Now a days there are some very good apps in the market who simplify the process. You should make an updated video on this topic to review Finpocket app. It's super easy

[@afridi7357]

Thank you wali , pretty informative, can you please make a video on ,how to hold apple, Amazon etc stocks ? Is it possible here from Pakistan?

[@dumanitrackers4674]

Very nice sir❤

[@JohnCenaJohnCena380]

@22:30 Sir Dividend direct bank account may nia atay jo attached kia hota hai? Please confirm

[@AdnanKhan-ei5it]

Very good i subscirbe and like.

[@WaliKhan_2k]

Thanks for your support :)

[@sherryseharsonu]

I have same problem take but I have open Account CDC last weekend 👍

[@WaliKhan_2k]

Good to hear :)

[@sohaibowais1405]

Kindly make videos on different companies stock performance over the period and thing to pick from annual report

[@WaliKhan_2k]

I made a video on mutual funds reports - will try to make a video on reading the annual company reports too.

[@user-mj6el5tf1d]

Bilkul bhot mushkl ha

[@letsbepositive5107]

You will make me rich man one day, I hope 😊

[@WaliKhan_2k]

:)

[@muhammadhasnain9608]

Very fruitful information. Please make a video how to calculate intrinsic value of stock and other ratios to consider before investing in a company. Thanks.

[@WaliKhan_2k]

Thanks for the comment. Will surely try to make a video on this - however, there is a video coming up to easy pick the stocks without research soon from another method.

[@muhammadhasnain9608]

@@WaliKhan_2k Great, please make it with perspective of long term investment.

[@nobody-wq1wx]

good

[@HushE2AskolE]

Training perfect Coach good Modelling super exc Same procedure I facing. Dear wali sb. How you know profit gaining and how to withdraw the profit you seen on portfolio top.. Second q! can log in psx portal ?

[@sherryseharsonu]

How too open App plz tell brother

[@ameerhamza3481]

sir future market charts ki platform pe ha

[@user-yf7pt4gm3d]

Do these brokerages offer any technical indicators on their respective trading platforms?

[@daniyalhanif9031]

Bhae stock exchange mai jb account kissi broker house sy open krwaty hai to uss k charges kitny hoty hai or kya wo ammount he hum after apny kisse share kredny mai use kr skty hai ya wo amount pehly jo open kraya tha uss ki feess hote hai account open ki i mean please ye confusion clear kr dy ya iss k baary mai dedicated video bana dein :) in karacchi pakistan

[@sherryseharsonu]

Plz review next video how too investment PSX thanks brother 👍

[@WaliKhan_2k]

Will do soon :)

[@FaizanAhmad]

Thanks for this informative video, I ended up opening account with AHL and bought my first shares today. Can you tell me how to get login information for cdcaccess, is it same as AHL login info?

[@WaliKhan_2k]

CDC account login is different - you should receive an email from CDC directly. The user name is generally your CNIC#.

[@meraapnatv4924]

Let me guide when I transfer fund to cdc from my RDA then how I will buy stock of any company in CDC

[@WaliKhan_2k]

You need broker account and subsequently CDC account. With broker account you can trade the stocks and those stocks will in turn placed in CDC account.

[@MuhammadYamman]

Thanks for this practical knowledge. It was really helpful as I am also planning to open an account with same brokerage firm that you’ve mentioned. Secondly, you’re totally right about complex processes. It’s not just about brokerage firms but everything here is really complicated. Especially financial services. I opened a UBL digital account 3 weeks ago but it still hasn’t been activated 🤦‍♂️. Banda tang aajata hai.

[@WaliKhan_2k]

Glad it was helpful :-) and thanks for the comment :) I think we are slowly moving towards digital age which needs to be expedited.

[@Aaftab1]

I had a similar experience with UBL RDA. After a wait and repeated emails for months, it was activated but I still couldn't transfer funds. I think the problem is with UBL as my friends were satisfied with other banks.

[@fazeelrafiq3596]

how to opme digital trading account for an existing shareholder in market.

[@johnsonbenson5779]

REACH HER ON TELEGRAM.

[@johnsonbenson5779]

@INVESTWITHSELINA Is user name.

[@sajidkiani5606]

Sir account psx ktrade main account open ho gia ha on line he howa maslaha ya ha k username ki jaga mailing address aid karna hota ha ya account no dana ho ga please guide

[@johnsonbenson5779]

REACH HER ON TELEGRAM.

[@johnsonbenson5779]

@INVESTWITHSELINA Is user name.

[@drsalmanh5199]

What about the digital Sahulat stock account? Many firms such as Ktrade are offering such an easy account and trading through a mobile app. Is it as good as the conventional account? What are your recommendations?

[@WaliKhan_2k]

As far as I know that account has the limitation of the amount you can invest - I think it's somewhere around 8lac (I may be wrong). But to start with, its not a bad idea.

[@faizy2591]

sir, can you explain filer and non-filer for overseas pakistanies in depth?

[@WaliKhan_2k]

Will try to do this soon :)

[@vy-canis4957]

Wali bhai.. I have opened CDC account through RDA account and choose KTrade as a broker. I also open AKD account linked with local bank account not linked with RDA. Can i move my shares from AKD's sub-account to CDC account of RDA? or I have to open new invester account with CDC for shares i purchased with funds in Pakistani local bank. pls guide. Thanks

[@WaliKhan_2k]

One cannot move the stocks from PK based account to RDA based account I believe.

[@keyboard3487]

AsslamuAlekum! bhai cdc investr Aoount k bare me b btaden

[@WaliKhan_2k]

Wasalam, you mean normal broker account?

[@Tahirkhantk81]

Can you explain trading mode, as in account opening process the brokerage company asked that what will be the trading mode i.e with or without trader, which one should we go for a long investment in mind.

[@WaliKhan_2k]

I would go without trader as that will be cheaper to start with plus it will help you make your own decisions.

[@Tahirkhantk81]

@@WaliKhan_2k Thank you for your guidance.

[@adnanshaoun7336]

Mutual funds ma taxes ka bta dain

[@syedibadatshah9289]

Verry informative.. Keep it up....

[@WaliKhan_2k]

Thanks a lot for the comment :-)

[@zaynrathore1609]

As I see there are so many Arif Habib for some reason can you specify. Thanks 😊

[@WaliKhan_2k]

It depends on what you are looking for? Mutual funds or stocks?

[@johncitizen5843]

@@WaliKhan_2k mutual funds

[@faheemhabib3529]

Which broker is the best for trading?

[@WaliKhan_2k]

I have used Next capital and Arif habib - so far, no complaints.

[@badar1653]

Do you have to submit Zakat declaration to the broker like Arif Habib? If yes then how can overseas Pakistanis submit it?

[@WaliKhan_2k]

If you make the account through RDA, Zakat is already exempted.

[@hashakb]

Dear Sir, Im watching your video since 2 weeks every day now I'm very interested in stock market and want to invest in it. I have 50k cash and don't how to start it. But your videos is very help for opening account in stock market. Plz tell me the strategies of 50k investing in stock market Thanks.

[@WaliKhan_2k]

I would upload such video soon where I talked about investing for students - same principal can be used for new small investors too.

[@hasnainrakha57]

CDC access is giving network error how to know your relationship #?

[@WaliKhan_2k]

is this issue sorted?

[@hasnainrakha57]

@@WaliKhan_2k CDC has 2 sites the one you used in video is not working but other is and yes figured out the relationship #.

[@nabeeltravellingtipstricks2881]

Sir, plz guide me, who is the best broker in lahore to whom i open my Acct. in state bank and start trading. plz help me

[@WaliKhan_2k]

You can choose any good broker regardless of the city you are based on. All the big brokers like Arif Habib & AKD should do the job.

[@nabeeltravellingtipstricks2881]

Wali bhai, mera Acct MCB mein hai, Bank Manager forcing me to buy shares Arif Habib through MCB & he promise with me that he will give good returns after 2-3 years contract, Is it safe?

[@faheemhabib3529]

I have opened an account with arif habib. Not sure how to use it. Can you please make a video for it.

[@WaliKhan_2k]

Have you figured out now?

[@faheemhabib3529]

@@WaliKhan_2k yes. Already done. Thanks

[@talhajaved7110]

Sir withheld dividend k liye kahan rabta krna hai?

[@WaliKhan_2k]

I have got no idea on that, but perhaps, you can check with NCCPL?

[@sadamjaved5394]

Mera passport expired ho gea he mai big ticket khareedna chahta hu mai kea kru mai kbi b doosre mumalik nai gea mai kea kru plz muje btae kea mai big ticket le skta hu

[@dubai_Guy]

Hi. i have a normal account in Pakistan but unfortunatly don’t have internet banking since the bank had asked me to visit the branch which is not possible currently being overseas pakistani. Can I transfer funds to broker’s account directly from my account in uae and receive the funds in PK account when I sell the stocks later? Pls adivse. thanks

[@WaliKhan_2k]

I don’t think the broker will work like this. But why don’t you simply open RDA? You won’t have to go for any troubles you mentioned.

[@dubai_Guy]

@@WaliKhan_2k I am not sure if I will be able to transfer funds back to uae or withdraw funds in PAK from RDA account. If these two are possible then nothing like it. thanks

[@sanaullah2060]

Kindly thori information provide yeh kren k long term cdc sub account safe hai ya investor account thek hai, plz

[@WaliKhan_2k]

sub account is fine if the broker is good - but to be always safe, better to have investor account.

[@sajidkiani5606]

K Trade main mara 1 week main khul gia

[@reck6635]

How can i open a demat account and a trading account by myself because i want my finances to be in my own accounts and in my own control also can i buy international stock shares while being in Pakistan ?

[@WaliKhan_2k]

Demat is a term used in India, not for Pakistan. Pakistan might have CDC account for stocks investment.

[@reck6635]

@@WaliKhan_2k thank you letting me know i was sooo confused about this I really owe you alot

[@farrukhfida212]

I had opened with scstrade and i am in pakistan For biometric they have used my sim card registration

[@WaliKhan_2k]

Thanks for your feedback :)

[@dilawarsaiedlodi807]

Fauji foundation securities ki service achi he

[@AnasKhan-uw7vf]

wali sb brokerage account khulwaya ha ajj. Cdc access ke liye brokerage wala hi login i.d or password use hoga ? ya signup alag se karna pare ga ?

[@WaliKhan_2k]

have you sorted this now?

[@AnasKhan-uw7vf]

@@WaliKhan_2k nope not yet.. however made stock account on AHL Want to know how to make account on cdc access, as in your video you crossed match your investment from arif habib and cdc access. So want to make account on cdcaccess

[@AnasKhan-uw7vf]

@@WaliKhan_2k kindly answer

[@tinycookie1704]

@@WaliKhan_2k Dear Wali! This part (CDC account @21:15) is a bit confusing. Do you have an investor account or a sub account? For a CDC investor account, its a lengthy 5 steps process, i.e. filling the text fields, uploading scanned copied of documents etc. Did you do that while creating your investor account? I'm asking because you didn't mention all that in the video. Kindly elaborate. Thanks,

[@ejazlashari2781]

Sir mere samjh me ni aa raha

[@zeshanhaider659]

Contact kese Kare habib group ko

[@WaliKhan_2k]

Check their website.

[@VisionaryGlobalConsultancy]

Sir what about students overseas students I don’t have job can I invest in stock exchange I have scholarship and saving

[@WaliKhan_2k]

You can make RDA i believe. Try opening that and then it should not be any issue.

[@VisionaryGlobalConsultancy]

@@WaliKhan_2k thank you so much for your kind response and guidance honestly speaking you gave me a hope, I thought without salary slip I can’t open the RDA but I was wrong Sir I am in Italy what currency should I select while opening RDA In HBL??? They are giving many options such as euro, dollar and rupees as well Although I have euros and Pakistani rupees as well

[@shadabmumtaz9999]

Is there any account opening fee in Arif Habib?

[@WaliKhan_2k]

No account opening fees.

[@shadabmumtaz9999]

Thank you sir for your reply, please guide more about stock and PSX in your next video.

[@mdsadfy4414]

سر یہ میوچل فنڈ کیا ہے اور اس کا کیا طریقہ کار ہے ؟

[@WaliKhan_2k]

You need to contact Mutual fund companies like AKD or Meezan bank to pen the account with them.

[@johnsonbenson5779]

Great video. I make huge profits on my investment since i started trading with a professional broker Mrs Selina Rivera, her trading strategy are top notch coupled with the little commission she charges on her trade. Thanks so much ma'am♥

[@felixsizer300]

Thank you for the level-headed financial advice. I started my investment with $5,500 in just a week of trading with her I’ve gotten profits of $15,750 in my portfolio. Thank you Ma'am

[@sarahgrindle4658]

Wow! Pretty good please how can i reach this Mrs Selina everybody is talking about? I want to invest i'm from Belgium

[@johnsonbenson5779]

@INVESTWITHSELINA Is user name

[@michaelmingle9533]

Ever since i started trading with Mrs Selina with the consistent weekly profits i'm getting there's no doubt she's the best. such a genius I have been withdrawing my profits thanks for your great work and God bless you more..from Slovenia

[@sarahgrindle4658]

@@johnsonbenson5779 Thank you Sir, i just started my trade with her.

[@keyboard3487]

نہیں یہ اکاؤنٹ "سی ڈی سی " والے کھولتے ہیں اس کو انوسٹر اکاؤنٹ کہتے ہیں، اس میں آپ ٹریڈنگ نہیں کرسکتے ٹرڈینگ والے اکاؤنٹ بروکر والے کھول کے دیتے ہیں جو"سی ڈی سی" سب اکاؤنٹ کہلاتا ہے۔

[@mdsadfy4414]

میں سعودیہ میں کنسٹرکشن کمپنی میں ہوں ۔پاکستان میں ایک بنک میں اکاونٹ ہے چیک بک بھی پاس نئیں ۔ دوسرا کیا ای میل ایڈریس ضروری ہے ؟ کیونکہ میری ای میل یا جی میل میرے نام سے نئیں ہے تو اس کا کیا حل ہے 3اس کے علاوہ ڈجیٹل اکاونٹ کیسے کھلے گا جبکہ میرے موبائل کی جی میل میرے نام سے نئیں ہے؟ جی میل یا ای میل تو لازمی ہے بروکر سے رابطے کے لئے یا واٹس اپ وغیرہ پہ بھی رابطہ ہوسکتا ہے ؟

[@WaliKhan_2k]

Please make email address, its not difficult.

[@srzvibes4287]

Hi Sir, Can we open 2 stock exchange accounts at a same time through 2 different banks in Pakistan. I have one account already through Meezan bank and I am trying to open another account through Bank Alfalah however, it is not letting me do so. I called Bank Alfalah and they said that you can't have 2 accounts at a time. You have to close the first account. Is it true?

[@WaliKhan_2k]

I believe so - but I have not done it myself yet. But I know a few people talking to me earlier about the same and they have 2 accounts. But I still need to double check on that.

[@srzvibes4287]

@@WaliKhan_2k I double checked already with CDC and unfortunately I cannot open 2 accounts and I have to close the 1st account in order to open a new one. This is only for RDA account holders

[@johncitizen5843]

You can have 2 rda accounts but not sure abt cdc

[@muhammaddanish9772]

No sequence at all try to make presentation point before recording

[@WaliKhan_2k]

Thanks for the feedback.

[@amerafzal8950]

Sorry, this is a very misleading video title. Please do your research before posting videos especially when others are relying on your information. RDA account holders transfer funds to CDC not directly to the broker bank account. There are different processes for opening brokerage account for resident and RDA account holders.

[@WaliKhan_2k]

Once you go into the process with the broker, they will explain everything as things change a lot on regular basis. Idea is to start towards opening the account.

[@user-kx8yg4ru2q]

time waste

[@abdulsami395]

@wali khan arif habib limited asking 2k as account opening charges did the same happen to you

[@Naveed05cs]

Kia me zindagi aap me account khol sakta hon investment k leye stock me