Learn
Frequently asked questions
Everything you need to know about opening an account, investing, and how Wealth Street keeps your money safe.
General
What services does Wealth Street provide?
Wealth Street provides stock market investment services through the Pakistan Stock Exchange (PSX) and commodities futures through the Pakistan Mercantile Exchange (PMEX), along with investor education resources.
Who can open a trading account?
All local resident and non-resident Pakistanis are eligible to open a trading account with us.
What is a stock?
A stock is a unit of ownership in a company. Your stake equals the number of shares you own divided by the company's total shares.
What are commodities?
Commodities are basic goods such as oil, gold and wheat whose prices fluctuate with supply and demand.
What is an online trading account?
An online trading account lets you place buy and sell orders independently from your mobile, tablet or laptop.
What is the stock market?
The stock market is a platform where investors buy and sell shares of listed companies; prices move with buying and selling activity.
What is a commodities futures market?
It is an exchange where investors trade contracts for the future delivery of commodities.
What is PSX?
The Pakistan Stock Exchange (PSX) is the country's primary stock exchange, based in Karachi, enabling investment in listed companies.
What is PMEX?
PMEX is Pakistan's first and only multi-commodity futures exchange.
What are futures contracts?
Futures contracts are legal agreements to buy or sell an asset at a set price on a specific future date.
Why trade futures?
Businesses use futures to hedge against price changes, while traders use them to speculate on price movements.
Can I invest in foreign markets?
Yes. Through PMEX you can access products tied to global markets, including gold, oil, indices and currency pairs.
Should I choose PSX or PMEX?
Both offer unique opportunities. Choose based on your investment goals, or diversify across both.
How much should I start with?
Begin with an amount you are comfortable with and can afford to invest for the long term.
What is the minimum investment amount?
Rs. 5,000 is the minimum amount required to start.
Is my money safe?
Yes. We are regulated by the SECP, and client funds are held through regulated custody — EClear for PSX and PMEX for commodities.
Account Opening
Who can open an account?
Local and non-resident Pakistanis can open an account.
How do I open an account?
Click 'Open an Account' and complete the required information online.
What information is required?
Your name, CNIC number and issue date, IBAN, mobile number and email address.
What documents are required?
Your CNIC, proof of income (e.g. a salary slip) and proof of address (e.g. a utility bill).
How long does PSX account opening take?
Within 1 hour if all submissions are correct. Resolving any discrepancies may take 1–2 days.
How long does PMEX account opening take?
Within 1 hour if all submissions are correct. Resolving any discrepancies may take 1–2 days.
What happens after I submit my details?
A One-Time Password (OTP) is sent to your registered mobile number for verification.
How long is the OTP valid?
The OTP expires after 168 hours.
What is the timeline after OTP submission?
Your account opens within 1 hour, provided all information is correct.
Investing & Trading
When can I start placing orders?
After your account is opened and you have transferred funds.
Which app do I use for PSX trading?
Download the Wealth Street app once your account is activated.
Which app do I use for PMEX trading?
Download the MetaTrader 5 (MT5) app once your account is activated.
How do I withdraw cash?
Log into the app and select the withdrawal option; funds are transferred via Raast in real time.
How am I notified of trade executions?
You receive email notifications no later than the start of the next trading day.
Are there charges for share transfers?
There are no charges for share transfers.
Where are my sale proceeds deposited?
Proceeds are maintained in your trading account until you request a withdrawal.
What amount should I start investing with?
Start small with an amount you are comfortable with and can afford to invest.
Is there risk in the stock market?
Yes. There is significant risk, and the value of invested money can fall — potentially to zero. Invest responsibly.
Still have questions?
Contact our team