Frequentiy Asked Questions

What is the minimum amount required for opening an account?
Sakarwala account can be opened with a minimum of Rs. 5,000*
Sakarwala Commodities Trading account can be opened with a minimum of Rs. 25,000

What are your commission and fees for Sakarwala Trade Online?
Sakarwala Trade Online offers the most competitive rates in the industry; minimum 3 paisa per share, for further details please Contact Us. 

What are your commission and fees for Sakarwala Commodities account?
Sakarwala Securities offers the most competitive rates in the industry; minimum  Rs 25 per lot for further details please Contact Us.

How can I open an account with Sakarwala Trade Online? 
You can download our Account Opening Form from www.sakarwalasecurities.com.

Can I open an account with shares/securities? 
Yes! You can open your account with shares, both Physical or in CDC.

Can I have a demonstration of the software?
Yes! Please visit Download Application Online Trading in Online Support.

How long does it take to open an account?
Once all documentation is completed and approved, you will be able to access your account. Investment/Trading can begin once your account has sufficient funds.

How much margin buying power can I have?
i.  Sakarwala Stock Trading Account is 100% cash based and no margin facility is available.
ii. Margin facility is available for Sakarwala Commodities Trading Account as per PMEX policy.

Does Sakarwala Trade Online provide real time market data?
Yes! All of our trading platforms provide real time data.

Do I have different order-type capabilities?
Yes! Some of these are Market orders, Stop-Limit orders, Limit orders, Short Sell orders (for Future Contracts, as per SECP regulations).

Can I dial a direct number for trading related calls?
Yes! You can dial a direct number for trade related calls at  (021) 32428302 - 32411998 - 32419732.

If I call in to place a order, does my regular commission apply?
Yes! We do not charge an extra fee to execute an order for you over the phone.

How the orders are accepted, processed, settled and cleared via the internet?
There are diverse way to place an order, you may use your Trading Terminal, Web-Based Terminal Or Mobile trading, Whenever you will place order through online trading system, the message board view window shows the time and details of the order placement, cancellation and execution. The Margin window also shows the status of order placement through pending order, updating of custody balance in case of execution and cash balance accordingly. You can also view the details of outstanding orders as well executed transaction through your terminal.

Is there any Alternate way order placement, in case of non-availability of systems?
In case of non-availability of internet connection or Terminals you can call our representative at  (021) 32428302 - 32411998 - 32419732.

Can I cancel my outstanding (unexecuted) orders?
Yes, you may cancel your outstanding order through your All Trading channels (Software, Web-based and Mobile) or you can call us on 021-32428302 , 021-32411998 our representative will cancel order on your request after some formal verification.
In case of non-availability of the system we will use our master KATS terminal for cancellation of orders.

Is there a restriction to place any particular type of Order?
Yes there is a restriction on two types of orders. Short Sell orders for regular market are not allowed to be placed and also Wash Trades (executing a day trade of a particular share where buying and selling is at the same rate) are prohibited

How do I transfer my account from another firm to Sakarwala Securities?
To transfer your account to Sakarwala Securities, you must first download the account opening form from our website or obtain from our Head office. Once the relevant documentation is complete, you can ask your existing broker to transfer your equity/securities/shares to us. Please call our Help Desk (021) 32428303 - 32428302 -32411998 for further details.