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/10

MSL

Bangladesh|5-10 years|
Suspicious Regulatory License|High potential risk|

https://www.midwaybd.com

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Bangladesh 5.73

Surpassed 91.63% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

09609 100 142
midway.securities@live.com
https://www.midwaybd.com
Dhaka Stock Exchange Building (Room No: 508) 9/F, Motijheel C/A, Dhaka 1000

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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MSL · Company Summary

General Information

Midway Securities Ltd. (MSL), established in 1975, is a securities brokerage firm based in Bangladesh. According to the official website, MSL is registered with the Bangladesh Securities and Exchange Commission (BSEC) and has been given the Registration No. 3.1/DSE-142/2008/194.

Regulatory Risk

It is important to note that although MSL claims to be authorized and regulated by the BSEC, the brokerage does not actually hold any authorized licenses at this time.

Market Instruments

MSL as a stockbroker mainly provides online stock trading services to investors, but it also has derivative services including bonds, listings, equity investments, and capital management.

BO Account

If an investor wants to invest and trade stocks in the Bangladesh stock market, then he/she needs to open a beneficial owner account i.e. BO account. Generally, BO accounts are divided into individual, joint and NRB, and the fee for opening a BO account with MSL is 450 BDT.

Trading Platforms

Investors can trade stocks on MSL's official website and also use the trading platform DSE developed by the broker, which supports both PC and mobile use. In addition, all purchase and sale transactions are subject to a commission of 0.4%.

Deposit & Withdrawal

Deposits/withdrawals can be made in a variety of ways, including bank transfers, credit cards, and bKash/Rocket/Nagad. And bKash/Rocket/Nagad is subject to a 1% service fee.

Customer Support

MSL also offers several services to its clients, including daily email and SMS alerts and annual tax report inquiries. In addition to these, clients can also get in touch with the broker's team for assistance via the official website channel, hotline or email.

Broker Information

Company Name

Midway Securities Ltd

Company Abbreviation

MSL

Regulatory Status

No Regulation

Platform registered country and region

Bangladesh

Company website
Company address
  • Dhaka Stock Exchange Building (Room No: 508) 9/F, Motijheel C/A, Dhaka 1000

Linkedin
WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • midway.securities@live.com

Company Summary

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