An Internet trading account is a special type of account designed specifically for individual investors who prefer to use the Internet to place their orders themselves rather than through the broker by telephone.
Online Trading allows investors to place orders on their own through the internet without having to call up a broker and place an order through them. Online trading gives investors greater control over their decisions. They can view real time market activity from anywhere they wish. A single keystroke or click-of-a-mouse executes a buy or sell order. Also, when the order has been completed you receive an instant confirmation of your trade via SMS and daily transaction summary email on day end.
Web/Trading Terminal is a web/software based internet stock trading service provided by EFG Hermes Pakistan. A Web/Trading Terminal account provides, in addition to trading, access to your account balances, statements, research, portfolio holdings and stock quotes from 9:00 am till 6:00 pm.
Any Investor who wishes to trade on the Pakistan Stock Exchange Limited can sign up for an EFG Hermes Pakistan account.
First you have to open an account with EFG Hermes Pakistan. You can download our Account Opening Form from our website Account Opening Forms are also available at the EFG Hermes Pakistan Head Office and at all branches. You can also write us a letter or email for account opening form. Our email address is email@example.com
Attach the following documents with the duly completed and signed Account Opening Form in order to complete the Account Opening process:
Absolutely! When you visit the EFG Hermes Pakistan site and provide your ID and password your session is encrypted.
Absolutely! All trade confirmations, margin calls, and other correspondence will be sent at your e-mail address which you provide us, if opted. Further, e-mail address is compulsory for clients who opt for online trading.
There is no such fee at EFG Hermes Pakistan. However, there are CDC Sub-Account, custody and UIN charges of CDC and NCCPL.
Once the account has been opened and the funds have been received, your account will be activated and you will be able to place an order yourself.
Minimum amount required to setup an account is 25,000.
Market data is available from 9:00 am to 6:00 pm.
Yes, we have uploaded a Demo on our website. We also provide/dispatch an abridged form of user manual in our Welcome Package. In addition, professional and courteous EFG Hermes Pakistan officers are available from 9.00 AM till 5:30 PM, at the EFG Hermes Pakistan Customer Support Desk in this regard.
These information are of Pakistan Stock Exchange Limited.
The Company has in house operations. Software used for Internet/Online Trading is obtained from Softech Systems (Private) Limited (please click to view agreement). Further, the Company has availed connectivity from Cyber Internet Services (Private) Limited(please click to view agreement) and Multinet Pakistan (Private) Limited (please click to view agreement).
At present this facility is not available.
You will need to write a letter addressed to EFG Hermes Pakistan requesting the closure of your account. If you have any debit balance you will be required to clear it first. In case of a credit balance and securities in your account, the securities shall be transferred to your account provided by you and crossed cheque of the amount available, after settlement, will be issued.
This service is available to customers having online trading account.
EFG Hermes Pakistan Trading Terminal requires Windows XP, Vista, 7.
Any Internet Browsing Software can be used. The software is not dependent on the Browser. However, it is dependent on the speed of your Internet connection.
Connection to our server may fail because either our server is down due to some technical reasons or for general/periodic maintenance or because you are behind a firewall. Change your firewall settings to allow the software to access the Internet. Similarly, if you are using a Local Area Network (LAN) connection, you may need to open certain ports (TCP/IP). If you still cannot connect, feel free to call us at (+92 21) 35141100-04.
Orders are placed by using F4 key for buy and F5 key for sale. Enter Symbol, quantity and rate (buy or sell) and executive the trade. When you place or cancel an order or your order is completed then message window of trading terminal provide your complete details. In addition, margin window also shows your orders, pending orders, cash balance etc. Executed trades are settled through NCCPL.
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) 35141100-04.
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.