00:00Many people are now confused about how you can open your brokerage account or mutual funds account.
00:06So let me guide you through it.
00:07For your brokerage account, go to psx.com.pk
00:11Go to the list of brokerages.
00:13There will be a list of SECP registered brokerages.
00:17Take your pick, see whoever has different parameters.
00:20Choose a brokerage after researching your research.
00:23Then go to their website, fill KYC or call them.
00:26Ask them to guide you through it.
00:28There will be a basic KYC which is just a requirement.
00:32There will be your IBAN, proof of income, bank account number, CNIC, and mobile number.
00:38Fill those out.
00:39You open your account.
00:40Then send your stock account to your bank account.
00:44Then you can start trading.
00:46Similarly, for opening mutual funds account, go to MUFAP.com
00:50which is the Mutual Funds Association of Pakistan.
00:52There will be members list.
00:54There will be all SECP registered AMCs, which are asset management companies.
00:58Take your pick, whoever you choose.
01:00Again, there are different parameters.
01:02You can research it.
01:04What you can do is, you can look at different AMCs fund manager reports.
01:07To see how their performance is.
01:09Always look at it on a long run.
01:10See who you resonate with.
01:12Which company you like.
01:13Which AMC you like.
01:15You can also speak to them about opening your VPS.
01:16VPS can be opened there.
01:17Then they will send you the details of whatever fund you want to invest.
01:22They will send you the account page.
01:24You will send the money there.
01:25And then you will be invested.
01:26So, thank you.
01:27Please do not spend your money.
01:28What company you like.
01:29What company you like.
01:30You can also speak to them about opening your VPS.
01:31VPS can be opened there.
01:32Then they will send you the details of the fund that you want to invest.
01:35That you will send them to your account page.
01:37You will send the money there.
01:38And then you will be invested.
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