Demat accounts are regulated by the Securities and Exchange Commission (SEC) of Pakistan. Demat accounts have been designed to provide investors with a safe and secure way to buy and sell securities online. The SEC requires that all companies registered with them maintain a demat account.
In order to open a demat account, you need to submit documents including proof of identity, address, date of birth, PAN card number, proof of residence, bank statements, etc. You may also need to pay a fee for opening a demat account. Once your demat account is opened, you can trade in stocks, mutual funds, commodities, bonds and derivatives.
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