Open an Account

Account Opening

Download the MRA Securities account opening application form our download section, fill in all the details and mail it to us. Please ensure that all the required documents are enclosed along with a cheque/pay order/demand draft in favor of MRA Securities (Pvt.) Ltd. Alternatively, you can call us to request for an account opening form. The form will be delivered to you within two working days by a courier.

You can also collect account opening form from our office.


  1. Duly completed and signed Account Opening Form
  2. A Minimum deposit amount of Rs. 25,000. Customers have an option of either can depositing cheque, securities or both, amount to Rs. 25,000.
  3. Attested photocopies of National Identity Card of the Applicant
  4. Attested photocopies of National Identity Card of the Joint Account Holder. (If Applicable)
  5. Attested photocopies of National Identity Card of Nominee
  6. Attested photocopies of National Identity Cards of Witnesses
  7. Attested photocopies of passports of the Applicant, Joint Account Holder and Nominee, in case any of these is not a resident of Pakistan.
  8. Copy of Letter of Authorization from the Account Holder(s) for the person(s) authorized to trade in the account, if other than the Account Holder(s).
  9. Bank reference letter.
  10. A list of Transaction Fees (Commission) to be charged by the Broker and other CDC charges to be levied.
  11. Zakat declaration form (Optional).

A customer who wishes to authorize an individual to operate his/her account needs to fill out a Power of Attorney on a stamp paper worth Rs. 200, and attach a copy of the authorized individual's NIC.


Your name and signature on the account opening form should be the same as they appear on your NADRA NIC. We do not accept Old NIC.

Processing Time

Our normal application processing time is approximately 4 working days upon receiving of bank deposit slip. Processing and clearing of OBC (Outbound Cheque) may take up to 15 working day.