Sahulat Accounts

Sahulat Accounts at the Pakistan Stock Exchange (PSX) are designed to make investing in the stock market more accessible and convenient for small investors, particularly those who are new to the stock market. These accounts aim to simplify the process of investing while ensuring regulatory compliance and providing necessary investor protections. They are part of an initiative to encourage broader participation in the stock market by making it easier and more affordable for the general public.

Key Features of Sahulat Accounts:

1. Simplified Documentation: Sahulat Accounts require minimal documentation for account opening, making the process straightforward and user-friendly.
2. Lower Costs: These accounts often have lower fees and charges, which is particularly beneficial for small investors.
3. Lower Minimum Balance Requirements: They typically have low or no minimum balance requirements.
4. Ease of Trading: They offer easy access to trading platforms, allowing investors to buy and sell shares conveniently.
5. Educational Resources: Many brokers provide educational resources to help Sahulat Account holders understand the basics of stock investing.

Step-by-Step Process to Open a Sahulat Account:

1. Click on the following link: Click here
2. You will be redirected to a page that will ask you for your username and password. To create a new account, press “Register Now”.
3. Fill in the details required, accept the terms and conditions and press “Create Account”.
4. Once. this is completed, you will receive an email within the next hour. This email will contain your credentials (username and password), as well as a URL. Once you click on this URL, you will be redirected to the same page as Step No. 2.
5. Enter the username and password that you received in the email and click “Login”.
6. Next , you will be asked to provide a One Time Password (OTP). This OTP will be sent to your registered mobile number within 1 hour of the completion of Step 5.
7. Once Step 6 is completed, you will be redirected to a dashboard.
8. On the dashboard, there will be 7 tabs: Basic Data, Contact Details, Attorney Information, Nominee Information, Other Information, AML/KYC Details and Documents. Please complete all the required fields of each of the tabs for a proper verification of your information. Within the tab “Other Information”, you have the option to select “Sahulat Account”.
9. Once you have filled out all the information and provided relevant documents, you will receive a confirmation email.
10. Once we have cross-checked and verified all your information, we will approve your account from our end. After it has been approved, your Sahulat Account will be officially created and you can begin trading!