Frequently Asked Questions & Answers

We provide a complete package including first hand market information, high quality research and fast execution and settlement of transactions.

Interactive Securities Private Limited as it ranks amongst the top brokerage houses in the industry. It has been in the market for over 2 years and has created goodwill for itself.

Minimum requirement to open a account is PKR 50,000.

Once you open an account and entitlement is obtained, orders may also be placed over the telephone with the equity trader assigned for your service.

Settlement policy in stock transactions is Trade Date plus 2 business days.

You can download our Account Opening Form from our website http://www.interactivesec.com Our forms are also available at Interactive Securities (Pvt.) Limited Office.

Yes, Interactive Securities (Pvt.) limited reserves the right to refuse any account without assigning any reason.

Minimum amount required to setup an account is Rs.50,000.

It depends on how quickly information is sent in. The registration process usually takes: 4 - 6 working days for cheque OBC (Outbound Cheque) may take up to 15 working days Depositing cash will take 3 - 4 working days after receiving the original bank deposit slip. Kindly mention "New account" on the bank deposit slip specially designed for Interactive Securities (Pvt.) Limited customers.

You may send your cheque / Pay order/DD in favor of "Interactive Securities (Pvt.) Limited" by mail or drop it personally at office of Interactive Securities (Pvt.) Limited. Interactive Securities (Pvt.) Limited Head Office address is as following; Interactive Securities (Pvt.) Limited Room # 80, Second Floor, Karachi Stock Exchange Building, Stock Exchange Road. Karachi-74000.

Yes you can open your account with Physical shares and you can also transfer your shares from CDC Investor account or from your account with any other broker as well. The minimum amount of Rs.5000/- through cash or cheque is also required for opening of account through shares.

No. We do not offer mutual funds.

You will need to write a letter addressed to Interactive Securities (Pvt.) Limited requesting the closure of your account. If you have any debit balance you will be required to clear it first. Along with the Account Closing Request, as a mandatory requirement you need to provide Tax Clearance Certificate from Federal Board of Revenue (FBR), Government of Pakistan. The Account Closing Request must have to be submitted at our head office or can be sent through Fax or courier.

It may be due to that you are behind a firewall, change your settings to allow the software to access the internet. If you still cannot connect feel free to call our I.T. department at +92-21 32410561

You can call to your respective equity trader/relationship manager or in case of his absence you may call to our customer support representative at +92-21 32410561

Opening an account with Interactive Securities (Pvt) Ltd consists of the following simple steps:

• You read, understand and accept our Terms and Conditions before submitting an application.
• You submit an Individual or Joint Account Application in any one of the following ways:
• At our Offices, or through one of our sales representatives; or
• Download, complete and mail the web Individual/Joint Account Application to our mailing address; or
• Request an Account Application Pack through the mail
• You enclose the minimum deposit along with your application. The deposit may be in the form of shares registered in your name, or cash. (see question on minimum deposit).
• The Application should be mailed to our following address:
  New Account
  Interactive Securities (Pvt) Ltd, Room # 80, Second Floor, Karachi Stock Exchange Building, Stock Exchange Road. Karachi-74000
• Upon receipt of fully completed application forms, and the minimum deposit, your account is opened and activated. We inform you through a letter that contains your Account Name and Number and the name of your Interactive Securities Relationship Manager.
• You start trading in the account.

Clients allowed by Interactive Securities to trade in excess of their cash or portfolio balances are required to maintain a margin deposit in order to cover the level of trading exposure. The margin is the client's equity in the value of the portfolio or trading position. The client's trading limit is set at a multiple of the margin deposit. Margins can be in the form of cash and/or shares. However, margin shares must be on our list of marginable stocks.

Your cash balance will be held by Interactive Securities, and will be reflected in your account statement.

The following types of accounts can be opened:

• Individual account
• Joint account for two persons
• Institutional accounts for joint stock companies. (must be opened in person at our offices).

There is presently no statutory government established fund that compensates investors for monetary loss suffered through broker defaults. The KSE has established an Investors Protection Fund under the Investors Protection Fund Regulations. Details may be obtained from the PSX.

The choice of broker is an investor's primary safeguard. At Interactive Securities, client interest is protected through:

• In-depth research
• Efficient execution
• Integrity/client confidentiality
• Institutional capital backing
• Internal controls/compliance
• Quality of human resources