Account Opening Procedure
Here is the account opening procedure with Blink Capital Management to trade forex and commodities in Pakistan.
To trade commodities and currencies, investors must contact Blink Capital Management (Pvt.) Ltd duly registered with SECP under Commodity Exchange and Futures Contracts Rules, 2005. This is because only specific brokers can provide the trading platform to their traders and investors to deal in commodities trading.
The first step is the client’s Biometric Verification. For this purpose, the client will have to visit Blink Capital Office. Remote Biometric Verification is also available in the cities of Karachi, Lahore and Islamabad. For remote biometrics.
The account opening form can be downloaded from our website, Fill and sign each page of the form, sign the risk disclosure document, commission structure and general guidelines, and then attach a valid copy of your and your nominee’s (N.O.K) CNIC.
You will also fill out the NCCPL’s Know Your Customer (KYC) form for individuals, which is available in the ‘’Invest’’ tab of our website. Please attach all applicable supporting documents with this form. Your trading account will be operational within 2-3 business days.
Upon obtaining the client credentials, Blink Capital Management (Pvt.) Ltd forwards the same information to the Pakistan Mercantile Exchange (PMEX) for registration of Unique Identification Number (UIN) clients through the platform of the National Clearing Company of Pakistan (NCCPL).
In the next phase, Blink Capital Management (Pvt.) Ltd opens the trading account of its client. Now you can transfer funds to your account directly to PMEX by using the Automated Direct Funds Model (ADFM.
After completion of the account opening procedure, the client will have direct access to the market by placing the order directly through MetaTrader 5 of the Pakistan Mercantile Exchange. For further details kindly watch the below video from BCM’s official YouTube Channel.