Company Profile
General Information & Regulation
Abbasi Securities was founded by Mr. Syed Aijaz Ali Abbasi, a Pakistani entrepreneur in the investment industry, who has played a role in developing the capital markets and meeting the investment requirements of his clients since 1960, with a thorough understanding of the investment environment, investment process, customer service, business ethics, financial discipline and prudent risk management. Abbasi Securities is an active member of the Pakistan Stock Exchange (PXS), Islamabad Stock Exchange, Pakistan Commodity Exchange (PMEX), and Dubai Gold & Commodity Exchange (DGCX).
Main Business
Abbasi Securities claims it has a history of over 40 years of providing portfolio management, investment advisory, and research services to individuals and institutions. Abbasi Securities' portfolio management team conducts detailed profiling and subsequently proposes an appropriate asset allocation mix to achieve the client's wealth goals. Abbasi Securities offers investment products in equities, fixed income (corporate bonds, margin financing, and government bonds), gold, silver, crude oil, mutual funds.
Minimum Deposit
Clients can open an equity brokerage account under which a CDC sub-account is activated through which they are able to buy and sell equities. Abbasi Securities also offer online trading account services, which can be subscribed to for the execution of orders. Additionally, Abbasi Securities has kept NO MINIMUM INVESTMENT AMOUNT requirement to enable everyone to invest their savings in the stock market. It takes 24-48 hours to activate the account after receipt of all required documents fully and signed account opening form.
Abbasi Securities Leverage
In terms of trading leverage, there is no any relationed information displayed on Abbasi Securities website. Since leverage can amplify gains and losses, traders are advised to use it with caution.
Deposit &Withdrawal
Investors can fund their brokerage accounts by cross cheque in the name of “Abbasi Securities Pvt Ltd” and by online transfer. As per the regulator's guidelines, Abbasi Securities does not accept cash over PKR 25,000 due to the need to provide reasons for accepting cash payments. Clients can make withdrawal requests via phone or email. Please note that withdrawals can only be made after all outstanding orders have been cleared, and Abbasi Securities reserves the right to retain the necessary funds in the client's account for the future deduction of certain taxes (capital gains tax) while processing the withdrawal of funds.
