You must open your BO account through a DP, which is usually a Brokerage house or Merchant bank, Island is a Brokerage house. You can get a BO Account opening form from your chosen DP or download it from their website. The form typically requires: NID, Personal information (name, address, contact details), Bank account details, Nominee information, Type of account (Single, Joint, NRB, etc.).

Execute your stock buy/sell orders easily by our dedicated trader or using our OMS(Order Management System) through Island iTrade, our dedicated online mobile trading app. You can also visit to trade our OMS website link:https://oms.islctg.com/login.At the end of each trading day, you'll receive an email notification with the status of your portfolio, keeping you informed and up to date.

There are several ways you can deposit funds into your BO account: Cash Deposit, Bank Transfer (BEFTN, NPSB, RTGS), Cheque Deposit, Mobile Banking etc. Account Name: Island Securities Limited. SL No. Account Number Name of the Bank Name of the Branch Routing Number 01 2045169779041 IFIC Bank SK. Mujib Road Branch, Chattogram. 120157420 02 20502880900007506 Islami Bank Dewanhat, Chattogram 125152446 03 0261102000012 Pubali Bank CDA Corporate, Chattogram 175151484

Before withdrawing, ensure your bank account is linked to your BO account. You can easily withdraw funds from your portfolio account with Island Securities Limited via BEFTN (Bangladesh Electronic Fund Transfer Network), without the need for a cheque. The funds will be automatically credited to your linked Bank Account. You can fill up a requisition form to withdraw fund. Once approved, fund will be transferred to your Bank Account. You can also place requisitions through our OMS (Order Management System).

A Margin Loan is a type of loan provided by a brokerage firm that allows you to borrow money to buy stocks or other securities. Essentially, it's a way to leverage your investments by using a portion of your existing portfolio (your margin or collateral) as security for the loan. In simple terms, it allows you to buy more securities than you could if you were using only your available cash. However, it's important to remember that while margin trading can amplify returns, it can also increase risk if the market goes against your position. At Island Securities Limited, we uphold strict Shariah compliance. Accordingly, we do not offer margin loans, which involve interest, in line with Islamic principles. Instead, we provide an interest-free fund support facility. To access this facility, clients must fulfill certain eligibility requirements.

Charge Head Charge Rate Account Opening Fee BDT 150.00 Annual BO Maintenance Fee BDT 150.00 Share Transfer-In / Transmission-In 0.0125% of the market value of securities Share Transfer-Out / Transmission-Out 0.025% of the market value of securities. Demat Fee 0.015% of the market value of securities. Remat Fee BDT 0.10 per security. Pledge of Securities 0.25% of the market value of securities. Unpledge of Securities 0.125% of the market value of securities. Cheque Dishonor Fee BDT 1,000.00