If you are thinking to open broker account online in Nepal, here is a step-by-step guide. This article surely guide you to open broker account online in Nepal which is very necessary for share trading in Nepal.
Many people are engaged in share market Nepal in recent years. People have queries on 'how to open online broker account in Nepal
To make broker account online in Nepal, nowadays, is a very easy process. It should be opening through NEPSE TMS. TMS means Trading Management System.
If you want to dive into the share market in Nepal for any kind of purpose whether it is the trading purpose of investing purpose, you should know the process of 'how to make broker account online in Nepal.'
Broker accounts can now be opened online through NEPSE's trading management system which in short is called NEPSE TMS, as mentioned earlier.
Few years ago, you had to visit the broker's office for opening an account. Then you had to fill-up the form manually.
Based on the information written in the filled-up form, the broker company would have to enter the information in the TMS software.
But nowadays it has become very easy to open an account. You can now open an account either one of the following 3 simple ways.
First Way: Through Smartphone
If you have a smartphone and you are familiar with basic software, English language, typing in English, you can easily open the account from your smart mobile.
Second Way: Through PC
If you are well educated about the basic computer application or you can operate the computer, you can easily open the account online from your home by using either the desktop or the laptop.
Third Way: Through a Broker Company
You can open the account by providing your information to the broker company by filling up a form. For this, you need to visit the broker's office.
Here is mentioned the way to open a broker account online through the desktop.
Opening a broker account from the desktop and from the smartphone is not so much different. From the smartphone, it will be easy if you change the browser setting to Desktop Mode.
Now, to Make Broker Account online in Nepal, you need to follow the following steps.
1. Open the Broker's TMS login portal
Open any browser and type 'www.tms... (broker number).nepsetms.com.np in the address bar. It is better if you choose Mozilla or Chrome browser.
For example, if you choose broker number 58 to open the broker account, you have to type like this: www.tms58.nepsetms.com.np.
2. Click on 'New Registration' (Online Trading Account Opening)
3. Fill up all the information in General Details and then click on Next.
You have to fill information in these sections.
4. Fill up all the information in Address Details
Fill up your address details in the Address Detail section with both temporary and permanent addresses. When you finish filling up of information, click on Next.
5. Fill up the Bank Details
Now, you need to fill up the information related to your bank through which you want to do transactions.
It is not necessary that the bank account should be the same linked with mero share account. Then click on Next.
6. Fill up Depository Details
In the Depository Details, you have to fill up the details of your Demat account which mainly includes BOID, and click on Next.
7. Upload the Documents
Now, you have to upload the documents required in the 'Documents Upload' Section. Before uploading by clicking on the upload button, you need to prepare all the documents in the required file format.
For example, Citizenship certificate, photo, and PAN in jpg format and the other documents in pdf format.
8. Submit the Application
Click on the 'Submit Application' button in the user agreement section before jumping into the final submission.
9. Agree on user agreement and Submit
Before clicking on Submit button, you should 'Agree' the user agreement terms by clicking on Agree' button. And then click on submit.
All is done. Now, you have to wait for the response from the broker office.
If the broker office does not respond within two working days, you need to contact the broker office to know the progress of online registration.
Once, your application is approved by the broker office, you will get a notification email of your request approval.
When your request is approved, you will receive the user ID and the password through your email provided during registration.
Now, you need to change the password and start online trading shares. Wish you Happy trading of stocks.
Very Similar Queries of People to Open Broker Account Online in Nepal
How to open online broker account in Nepal?
The answer of this query is the same as mentioned previously.
How to open broker account in Nepal online?
Opening broker account in Nepal online is not difference. The process is same as mentioned above.
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