Our Services
Stock Brokerage Services
Through our head office in Kathmandu and our branch in Butwal and Gorkha, we provide effective and efficient stock trading services. Investors can benefit by trading equities listed in the NEPSE. Furthermore, our customers are provided information on the newest quotes and are given continuous stock updates upon request.
NEPSE Online Trading Account
Start your online trading today with Midas Stock Broking Company Pvt Ltd. Follow the procedure below and enjoy stock trading from the comfort of your home.
Step 1: Sign an agreement paper with us. Follow the link below and find the "NEPSE Online Agreement Form" in the
Downloads section.
Step 2: After signing the contract, we will send your client code and BOID details to NEPSE for further processing.
Step 3: NEPSE will collect all your necessary information from us and integrate it in their system. After integration, a client URL will be generated and NEPSE will inform us about it.
Step 4: We will provide you with the URL, username, and password that you can use to login in the Online Trading System. Once you login yourself, you can begin to place your buy or sell orders and execute it yourself. No phone calls, all on your own.
MIDAS Account
Here at MIDAS, we always look to find new and innovative ways to facilitate our respected customers. With that motive, we have provided a semi-online MIDAS account to all our customers., who can enjoy an array of services while enjoying the comfort of their home. Through the Semi-Online MIDAS Account, the customers will be able to:
-
View bills and receipts of their sales and purchases
-
View the Client’s account statement
-
View capital gain tax report
-
Place semi-online orders while enjoying the comfort of their home.
Customer Support
We have an excellent customer support team who can assist traders on matter related to the stock brokerage. You can call us or visit us to ask regarding any stock trading matter and we are here to help you.
Depository Services
We have partnered with Nepal DP Limited and CDS and Clearing Limited to provide our customers with a wide range of Depositary Services.
DEMAT Account Services
A DEMAT Account is an account that allows investors to hold their shares in an electronic form. As holding shares in physical forms involves a lot of paperwork, a long process, and risk of fake shares, for simple and seamless trading and investing, a DEMAT account is a must to trade in Nepal’s Stock Exchange.
Here at MIDAS, we help the traders open their DEMAT accounts as a beneficial owner (BO) enabling them to conduct transactions more systematically and efficiently.
Provide Holistic Depository Services
Apart from the DEMAT account services, we offer various depository services to our valued clients through Nepal DP:
-
De-materialization of physical securities held by the beneficial owner (BO),
-
Re-materialization of securities
-
Online access to DEMAT account through Mero Share.
-
Facilitate in pledging and unpledging of securities
-
Facilitate online application of IPO
-
Settlement trades by transferring/receiving the securities from/in BO accounts,
-
Settlement of off-market trades that is occurred between BOs outside NEPSE
-
Others DP related jobs as allowed by laws and regulations in regard to securities depository.
Service Charges
1. Stock Brokerage Service Charges
Our business is highly regulated and all our service charges are fixed by regulatory aurthorities. Our stock broking services are charged as follows.
|
S.No. |
Transaction Volume |
Percent of Turnover |
|
1 |
Upto Rs. 2500 |
Flat Rs. 10 |
|
2 |
From Rs. 2501 to Rs. 50,000 |
0.40% |
|
3 |
From Rs. 50,001 to Rs. 500,000 |
0.37% |
|
4 |
From Rs. 500,001 to Rs. 20,00,000 |
0.34% |
|
5 |
From Rs. 20,00,001 to Rs. 1,00,00,000 |
0.30% |
|
6 |
From Rs. 1,00,00,000 Onwards |
0.27% |
All transactions attract 0.015% regulatory fee in addtion to above brokerage charges.
2. Demat Services
The service charges for demat services are also fixed by the regulatory aurthority. Our Demat services are charged as follows.
|
S.No. |
Transaction Type |
Rs. Per Transaction |
|
1 |
Demat Account Opening Fees |
Rs. 50 (One Time Only) |
|
2 |
Annual Account Maintenance Fees |
Rs. 100 per Annum |
|
3 |
On Market Transactions at DP |
Rs. 25 Per Transfer |
|
4 |
Pledge / Unpledge Fees |
Rs. 50 Per Pledge / Unpledge |
|
5 |
Share Dematerialisation |
Free |
|
6 |
Account Statement Prinitng |
Free |
|
7 |
Internet Demat Account |
Free |