Your questions answered
Finqalab provides the investment app and client interface through which users open and manage trading accounts. Next Capital Limited is a SECP-licensed broker and the entity that holds and operates the trading accounts. All brokerage services and regulatory obligations associated with trading activities are provided by Next Capital Limited.
Yes. Your investments are executed and held through a broker licensed and regulated by the Securities and Exchange Commission of Pakistan (SECP), Pakistan Stock Exchange (PSX), National Clearing Company of Pakistan (NCCPL), and Central Depository Company (CDC).
All buy/sell transactions are routed through regulated brokerage infrastructure. Settlement of trades is conducted via NCCPL, and your shares are held in a CDC sub-account maintained by Next Capital, in accordance with SECP regulations.
Yes. You can open and maintain multiple trading accounts with different brokers. If your existing account is a “Sahulat” account, it must be upgraded to a normal account before opening a new one through Finqalab.
Yes. You can open a joint account for up to four individuals. Each person must fill out the application, and one must be designated as the principal account holder. Then inform our support team to proceed with the account setup.
You can fund your account using:
- Manual bank transfer option
- Instant deposit (recommended)
- Instant deposit: up to 15 minutes
- Manual bank transfer: Up to 1 business day
Initiate a withdrawal request via the Finqalab app. After verification, Next Capital’s team will process the withdrawal to your bank account.
Once your application and complete KYC information are received, the review process generally takes 2–3 working days before your account is activated.
Yes. A one-time fee of PKR 476 is charged by NCCPL once you deposit funds into your trading account. In certain cases, additional charges may apply based on any additional requirements.