Account kaise kholein: broker + CDC

Transcript

What Hira says, in Roman Urdu, with the English translation beneath each line.

1. 0:04Assalam-o-Alaikum, welcome to danioPSX. Aaiye seekhein, financial independence ke liye.Assalam-o-Alaikum, welcome to danioPSX. Let's learn, for financial independence.
2. 0:14Ye hai lecture number four. Aaj hum seekhenge PSX account kaise khulta hai: licensed broker, CDC sub-account, documents, aur filer status kyun zaroori hai.This is lecture four. Today we learn how a PSX account is opened: a licensed broker, a CDC sub-account, documents, and why filer status matters.
3. 0:26danioPSX ka get started guide shuru se aakhir tak sab samjhata hai. Upar short version mein saat steps hain, broker chunne se le kar shares bechne tak.The danioPSX get started guide explains everything from start to finish. The short version at the top has seven steps, from choosing a broker to selling shares.
4. 0:40Aapko chahiye: valid CNIC, apne naam ka bank account, apne naam par registered mobile number, aur email. Aur sirf wo paisa jo kuch saal tak zaroorat na ho.You need a valid CNIC, a bank account in your own name, a mobile number registered in your name, and an email. And only money you won't need for a few years.
5. 0:55PSX ki koi official minimum amount nahi. Shares one-share lots mein trade hote hain, to ek share bhi le sakte hain. Lekin kuch brokers apna minimum deposit rakhte hain.PSX has no official minimum. Shares trade in one-share lots, so you can buy even a single share. But some brokers set their own minimum deposit.
6. 1:10Filer status: agar aap FBR ki Active Taxpayer List par hain, to dividend par aam taur par fifteen percent tax katta hai. Non-filer ka taqreeban double.Filer status: if you are on FBR's Active Taxpayer List, dividends usually have 15% tax deducted. For non-filers it is about double.
7. 1:25Step one: licensed broker. Broker ke paas PSX ka TREC aur SECP ka licence hona chahiye. Pehle PSX ki active TREC holders list mein uska naam check karein.Step one: a licensed broker. The broker must hold a TREC from PSX and a licence from SECP. First check its name on PSX's list of active TREC holders.
8. 1:39danioPSX ka brokers page brokers ko PACRA ya VIS rating, unke peeche kaun hai, aur penalty record par rank karta hai, sign-up bonus ya paid placement par nahi.The danioPSX brokers page ranks brokers by their PACRA or VIS rating, who stands behind them and their penalty record, not by sign-up bonuses or paid placement.
9. 1:54Step two: account type. Beginners ke liye Sahulat account sab se aasan hai: simple form aur CNIC copy. Is mein three million rupay tak purchases, aur margin trading nahi.Step two: account type. For beginners the Sahulat account is simplest: a simple form and a CNIC copy. It allows up to Rs 3 million of purchases, and no margin trading.
10. 2:04Step three: KYC. Zyada tar brokers ab online account kholte hain. Documents upload karein, phir video call, selfie ya NADRA biometric se verification hoti hai.Step three: KYC. Most brokers now open accounts online. Upload your documents, then verification is done by video call, selfie or NADRA biometric check.
11. 2:19Step four sab se zaroori hai. Shares CDC mein aapke apne naam ke sub-account mein hote hain, broker ke nahi. Pehle din CDC SMS alerts aur CDC Access on karein.Step four matters most. Your shares sit at CDC in a sub-account in your own name, not the broker's. On day one, turn on CDC SMS alerts and CDC Access.
12. 2:34Step five: paisa sirf apne bank account se broker ke company client account mein bhejein. Kisi personal account, agent ke wallet ya cash mein kabhi nahi.Step five: send money only from your own bank account to the broker's company client account. Never to a personal account, an agent's wallet, or in cash.
13. 2:44Step six: app sirf broker ki official website ke link se lein, two-factor authentication on karein, aur OTP kabhi kisi ko na batayein.Step six: get the app only from the link on the broker's official website, turn on two-factor authentication, and never tell anyone your OTP.
14. 2:54To aaj humne seekha: licensed broker chunein, shares aapke naam ke CDC account mein rehte hain, aur paisa sirf company client account mein. Homework: brokers page par teen brokers ki rating compare karein.So today we learned: choose a licensed broker, your shares stay in a CDC account in your name, and money goes only to the company client account. Homework: compare three brokers' ratings on the brokers page.
15. 3:08Next lecture mein hum seekhenge overseas Pakistani Roshan Digital Account se PSX mein kaise invest karte hain. Video achi lagi ho to subscribe karein. Ye sirf education ke liye hai, investment advice nahi. Allah Hafiz!In the next lecture we'll learn how overseas Pakistanis invest in PSX through a Roshan Digital Account. If you liked the video, please subscribe. This is for education only, not investment advice. Allah Hafiz!