AKD Trade has revolutionized the way stocks are traded in Pakistan. Till now, the only way a retail investor could invest in the Karachi Stock Exchange was if he knew a stockbroker at the Exchange. Stock broking is an extremely personalized business in Pakistan and AKD Trade wanted to change the dynamics of trading in the country.
Today, with the tools we provide to our
customers we are able to give investors total control
over their financial future. We strive to provide all
the appropriate tools to facilitate incisive decision
making and will continue to be at the leading edge of
innovation.
Re 0.05 per share OR 0.1% of the Value of the share (whichever is higher)
The ONE SLAB FOR ALL formula will be applied on the Delivery as well as Day Trade transactions.
ADDITIONAL DISCOUNT of Re 0.01 per share on Day Trade transactions for shares traded upto Rs 10/-.
The Day Trade commission is charged on ONE side ONLY when an identical quantity of a share is purchased and sold during a same day. Please note that the Day Trade facility is only available in Margin Accounts.
Delivery
A customer can mark ‘delivery’
on his shares. However, whenever delivery is marked,
a customer is required to have the equivalent amount
of funds in his account, matching the value of the
shares being marked.
Day Trade
A day trade is made when a customer buys and sells a particular share during the same day.
Note:
"DVP Account" will be charged Delivery commission does not matter if it is a day trade.
"Margin Account" will be charged Day trade commission when a day trade is performed and will be charged Delivery commission when shares are kept overnight.
If a scrip that is on spot is day traded through "Margin Account", commission will be charged based on the Delivery commission structure.
Badla
Badla is the Urdu word for COT, which stands for Carry Over Transactions. These transactions are moved by the customer to the next trading day and the carry over is arranged by the brokerage house.
AKD Trade has revolutionized the way stocks are traded in Pakistan. Till now, the only way a retail investor could invest in the Karachi Stock Exchange was if he knew a stockbroker at the Exchange. Stock broking is an extremely personalized business in Pakistan and AKD Trade wanted to change the dynamics of trading in the country.
