You can simply contact us through our Contact number or our website or you can also visit us personally. Our equity dealer will guide you through the process.
- What types of services does Growth Securities desk provide?
We provide a complete package including first hand market information, high quality research and fast execution and settlement of transactions.
- Why should I choose Growth Securities Limited?
Growth 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.
- Is there a minimum amount I need to invest to open an account?
Minimum requirement to open a account is PKR 50,000.
- How can I purchase/sell investments?
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.
- After an investment sale, in how much time will I have access to the proceeds?
Settlement policy in stock transactions is Trade Date plus 2 business days
- How can I sign up for Growth Securities (Pvt.) Limited?
You can download our Account Opening Form from our website http://www.growthsecurities.com.pk Our forms are also available at Growth Securities (Pvt.) Limited Office.
- Can my account be refused to be opened?
Yes, Growth Securities (Pvt.) limited reserves the right to refuse any account without assigning any reason.
- What is the minimum amount required for opening an account?
Minimum amount required to setup an account is Rs.50,000.
- How long does it take to activate/open an account?
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 Growth Securities (Pvt.) Limited customers.
- How can I deposit initial amount in Growth Securities (Pvt.) Limited account?
You may send your cheque / Pay order/DD in favor of "Growth Securities (Pvt.) Limited" by mail or drop it personally at office of Growth Securities (Pvt.) Limited. Growth Securities (Pvt.) Limited Head Office address is as following; Growth Securities (Pvt.) Limited Room # 81 82 83, Second Floor, Karachi Stock Exchange Building, Stock Exchange Road. Karachi-74000.
- Can I open an account with shares/securities?
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.
- Do you offer mutual funds?
No. We do not offer mutual funds.
- How can I close my Growth Securities (Pvt) Ltd account?
You will need to write a letter addressed to Growth 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.
- I can't login. Error message shows "Connection failed", what should I do?
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 2463002, 92 21 2463003, 92 21 2463004
- How can I place my orders, in case of failure to access my online account?
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 2463002, 92 21 2463003, 92 21 2463004
- What are the risks involved in Electronic/Online Trading?
Electronic/Online Trading contain many risks and may from time to time be adversely affected (inter alia) by network congestion, equipment failure, software failure, system breakdown, loss of connectivity, power failure, adverse market conditions, partial execution of order and /or technical glitches/failures (including but not limited to connectivity failures). Neither the Broker nor any of its directors or officers, its management, its branch offices, offices of supervisory jurisdiction and their respective registered representatives and employees, would be responsible or liable in any manner for any losses or damages that may be suffered by the client(s) including those due to the misuse of the Account Holder(s) information and affairs by unscrupulous persons. The client(s) shall fully assume all risks connected and involved with Electronic/Online Trading. The client(s) shall represent that they are knowledgeable investor(s) and that they have conducted analysis and consulted with professionals as they deemed necessary in order to fully understand the risk involved in online trading and that they are financially suitable for engaging in such trading activity.
opening an account with Growth Securities (Pvt) Ltd consists of the following simple steps:
Clients allowed by Growth 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 Growth Securities, and will be reflected in your account statement.
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 Growth Securities, client interest is protected through: