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BO Account
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BO Account stands for Beneficiary Owner's Account. If you want to start investing and stock trading in the stock market in Bangladesh then you need to open a Beneficiary Owners account. Just like a Bank Account is used to hold your money, your BO account is used to hold your shares. All shares from new IPO’s and most of secondary market shares are in electronic form and a BO account, owned by you the investor, holds the electronic shares.
Opening a BO account is the first step to start trading in the stock market in Bangladesh. To open a BO account, simply click on this link: BO Account. Once you fill it out, your BO account will be opened automatically by our BO department. Please check your email for BO Account Confirmation once the BO department is done verifying your information.
To open a Single BO Account you simply need the following documents.
To open a NRB BO Account you simply need the following documents:
A primary shares is where brand new shares (or bonds) are created and offered to the public (for example through an Initial Public Offering or IPO, mainly through lottery).
The secondary market is where after IPO, issued shares (or bonds) are traded, i.e.: the Stock Exchange (through regular buying and selling). Actually there is only one type of BO account. And you can use any BO account for both applying for IPO (primary) and also Buy & Sell shares (secondary). All BO accounts have the same functions.
After opening your BO account, download our free QuickTrade Pro mobile app (available on Android and iOS) and login with your BO credentials to start trading immediately. Browse available shares on the Dhaka Stock Exchange, place buy/sell orders, monitor your portfolio in real-time, etc.. Our research reports and investment advisory services will help guide your trading decisions. Start your investment journey today!
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