BRAC EPL Stock Brokerage serves Bangladesh investors through relationship managers, digital onboarding and an exchange-trading app. The current iDesk FAQ provides a clearer opening-cost picture than the older retail page: online opening, annual BO charges and the broker’s annual maintenance fee are separate items. Its overseas-investor service also has a different fee and custody structure from ordinary resident retail dealing.[3][2][10]
Broker essentials01
BRAC EPL Stock Brokerage at a glance
| Measure | Value | Context |
|---|---|---|
| Legal company | BRAC EPL Stock Brokerage Limited | Source 14 |
| Market | Bangladesh securities; DSE and CSE trading | Source 5 |
| CSE identity | TREC 013; Reg.3.2/CSE-13/2011/259 | Source 14 |
| Digital onboarding | iDesk for eligible resident and non-resident Bangladeshis | Source 3 |
| Online opening fee | BDT 150 in the current onboarding FAQ | Source 3 |
| Trading platform | BRAC EPL Trade; activation through the relationship manager | Source 3Source 6 |
| Support | 16285; [email protected] | Source 5 |
Accounts and eligibility
Sections ↑At a glance02
Account routes
| Topic | Details |
|---|---|
| Resident individual | The digital BO route accepts a valid Bangladesh NID/Smart ID.Source 3 |
| Non-resident Bangladeshi | The digital FAQ includes NRBs; Probashi Biniyog adds a linked banking and investment arrangement.Source 3Source 12 |
| Foreign individual or institution | The foreign-investor process uses separate brokerage, custodian and bank documents.Source 11 |
| Margin account | Subject to collateral, exposure limits and the financing terms; it is distinct from fully funded cash dealing.Source 5 |
At a glance03
Digital opening sequence
| Topic | Details |
|---|---|
| Registration | Start “Open BO Account” in iDesk; supply mobile/email and complete OTP verification.Source 3 |
| Identification | Upload applicant and nominee NID, photographs and signatures; provide bank-cheque or statement evidence.Source 3 |
| Tax information | The FAQ describes TIN as optional for this opening process.Source 3 |
| Approval | The FAQ expects BO confirmation within one working day; missing documents or checks can affect activation.Source 3 |
| Trading activation | Fund the account, then use the relationship manager or ask the manager to enable BRAC EPL Trade.Source 3 |
At a glance04
Foreign and institutional documentation
| Topic | Details |
|---|---|
| Brokerage agreement | Individual or institutional account forms and identity/authority evidence.Source 11 |
| Corporate authority | Incorporation documents, memorandum/articles, board authorisation and authorised signatories.Source 11 |
| Custody | A custodian opens the relevant BO and banking relationships; this is additional to broker execution.Source 11 |
| Published custodian examples | BRAC Bank, HSBC, Standard Chartered, Citi and Commercial Bank of Ceylon are listed; availability and terms are bank-specific.Source 11 |
Markets and investments
Sections ↑At a glance05
Investment and execution services
| Topic | Details |
|---|---|
| Listed securities | Buy and sell Bangladesh exchange securities through the trading account.Source 2Source 6 |
| Primary market | iDesk supports IPO applications; offer eligibility and available cash remain relevant.Source 7 |
| Institutional flow | The foreign-investor service combines execution with separate custody and settlement arrangements.Source 11Source 10 |
| Non-resident investing | Probashi Biniyog links brokerage with BRAC Bank’s banking facilities for NRBs.Source 12 |
At a glance06
What a dealing instruction identifies
| Topic | Details |
|---|---|
| Investment | Name of the security and quantity.Source 16 |
| Price and time | Limit or discretion, and order duration.Source 16 |
| Completion | All or partial fill, including any minimum trade quantity/value.Source 16 |
| Settlement route | The agreement distinguishes delivery-versus-payment and other authorised settlement instructions.Source 16 |
Fees and trading costs
Sections ↑The most useful current opening reference is the iDesk FAQ. It states BDT 150 for online opening and separates the BDT 150 annual BO charge from BDT 250 annual broker maintenance. The older retail page still shows BDT 500 opening and BDT 450 annual BO charges. The BDT 450 statutory figure has been superseded by the BSEC amendment; the current online route should not be priced from that older page.[3][2][13]
At a glance07
Current online opening and annual charges
| Topic | Details |
|---|---|
| Online BO opening | BDT 150, one time.Source 3 |
| Annual BO/depository charge | BDT 150; the FAQ says deduction is on 30 June.Source 3 |
| Separate broker maintenance | BDT 250 annually, deducted at calendar year-end.Source 3 |
| Payment-channel cost | The FAQ says mobile/internet-banking charges can apply; it does not give a universal percentage.Source 3 |
| Combined recurring charges | BDT400 a year from the two stated charges: BDT150 BO maintenance plus BDT250 broker maintenance; paid on their separate deduction dates.Source 3 |
At a glance08
Trading commission depends on client route
| Topic | Details |
|---|---|
| Domestic retail page | 0.40%, described as inclusive of settlement/transaction costs.Source 2 |
| Foreign-investor page | Maximum 1% of the transaction value; lower rates may be agreed for prime clients.Source 10 |
| Foreign-investor account fees | That page states no account-opening or other broker fee; custodian/bank costs remain a separate relationship.Source 10Source 11 |
| Scope | The foreign-investor schedule is not evidence that resident retail opening and maintenance are free.Source 3Source 10 |
At a glance09
Commission examples from the published rates
| Topic | Details |
|---|---|
| Retail BDT 100,000 purchase | BDT 400 at 0.40%.Source 2Source 10 |
| Retail equal-value purchase and sale | BDT 800 for two BDT 100,000 transactions, before any separately applicable items outside the stated commission scope.Source 2Source 10 |
| Foreign BDT 100,000 transaction | BDT 1,000 at the stated 1% maximum; an agreed lower client rate changes the result.Source 2Source 10 |
| Comparison basis | These are calculations of the quoted brokerage rates, not tax or custodian quotations.Source 2Source 10 |
At a glance10
Digital-service and payment charges
| Topic | Details |
|---|---|
| BRAC EPL Trade access | The service terms describe initial access as free and allow notified service charges later; this does not waive trade commission.Source 5 |
| bKash | Review the displayed payment charge before confirming; the guide’s sample payment is not a universal tariff.Source 8 |
| Independent CDBL enquiry | Optional online balance-enquiry registration is BDT 200 annually, separate from the BDT 150 statutory BO fee.Source 15Source 13 |
Platforms and order handling
Sections ↑At a glance11
Platform roles
| Topic | Details |
|---|---|
| BRAC EPL Trade | Exchange order entry, real-time quotes, portfolio information and order monitoring.Source 6 |
| iDesk | BO opening, portfolio administration, funding/withdrawal requests, IPO applications and order instructions.Source 7 |
| Relationship manager | Assisted execution and activation/support for the trading app.Source 3 |
| Account access versus market access | The terms distinguish round-the-clock account access from transactions during exchange trading hours.Source 5 |
At a glance12
Trading-app tools
| Topic | Details |
|---|---|
| Market views | DSE/CSE information, watchlists, prices, charts and market news.Source 6Source 3 |
| Order monitoring | Order status, transaction history and portfolio profit/loss views.Source 6Source 3 |
| Analysis | Technical-analysis and market-monitoring features described by the publisher.Source 6Source 3 |
| Device scope | Android and iOS downloads are identified by the broker’s onboarding FAQSource 6Source 3 |
At a glance13
Order acceptance and execution
| Topic | Details |
|---|---|
| Risk controls | The broker can impose security, exposure and turnover limits.Source 5 |
| Market orders | The execution price can differ from the price displayed when the order is entered.Source 5 |
| Rejected orders | Insufficient funds/stock, market restrictions or exchange rejection can prevent acceptance; a declined order is not automatically resubmitted.Source 5 |
| Mistaken orders | Credential-authenticated orders are treated as authorised under the terms.Source 5 |
At a glance14
iDesk administration tools
| Topic | Details |
|---|---|
| Portfolio | Holdings dashboard, account information and statements.Source 7 |
| Funding | Bank, card and supported payment workflows; withdrawal requests are subject to approval.Source 7 |
| IPO | Apply through the app’s IPO service.Source 7 |
| Monitoring | Watchlists, price alerts and order-request details including price and quantity are described in the app listing.Source 7 |
Funding, withdrawals and custody
Sections ↑At a glance15
Cash-deposit routes
| Topic | Details |
|---|---|
| Banking | Internet banking or cheque deposit to the broker’s designated account; submit evidence through iDesk, email or a branch.Source 3 |
| Card payment | The digital FAQ provides for card payment through iDesk.Source 3 |
| bKash | Use the current Pay Bill workflow and provide the transaction reference for reconciliation.Source 8Source 3 |
| Other bank rails | The brokerage site lists EFT, BEFTN and RTGS services.Source 9 |
At a glance16
2026 bKash workflow
| Topic | Details |
|---|---|
| Start | Select Pay Bill and find BRAC EPL Stock Brokerage Ltd.Source 8 |
| Purpose | Choose the relevant BO renewal, IPO payment, deposit or subscription-payment category.Source 8 |
| Reference | Enter the investor code and payment amount.Source 8 |
| Complete | Review the displayed amount/charge, authorise the payment and retain the transaction reference.Source 8 |
At a glance17
Withdrawal process
| Topic | Details |
|---|---|
| Request | Use iDesk’s Fund Withdraw menu, contact the relationship manager or send the investor code and requested amount to client support.Source 4 |
| Checks | Back office checks the ledger, open positions, margin and trading rules.Source 4 |
| Destination | Approved payments go to the nominated bank account through BEFTN/EFT or another permitted route.Source 4 |
| Timing | The published policy describes approvals and possible confirmation; it does not promise a universal bank-credit time.Source 4 |
At a glance18
Non-resident banking and repatriation
| Topic | Details |
|---|---|
| Probashi structure | BRAC EPL provides the brokerage relationship alongside BRAC Bank’s NRB investment banking arrangements.Source 12Source 11 |
| NITA | A Non-Resident Investor’s Taka Account is part of the published service structure.Source 12Source 11 |
| Repatriation | The service supports eligible investment proceeds and income transfers subject to banking, tax and regulatory requirements.Source 12Source 11 |
| Currency costs | The broker service description does not establish a universal bank FX spread or transfer fee.Source 12Source 11 |
Regulation and investor protection
Sections ↑At a glance19
Company and custody identity
| Topic | Details |
|---|---|
| CSE record | The exchange lists BRAC EPL Stock Brokerage under TREC 013 and registration Reg.3.2/CSE-13/2011/259.Source 14 |
| BO holdings | The beneficial-owner account holds securities through the Bangladesh depository framework.Source 13Source 11 |
| Independent visibility | CDBL’s enquiry service displays linked BO holdings, valuations and recent transactions.Source 15 |
| Investment risk | A bank affiliation or depository account does not make market prices or investment returns guaranteed.Source 5Source 1 |
At a glance20
Margin responsibilities
| Topic | Details |
|---|---|
| Collateral | The broker may apply haircuts and require cash or securities.Source 5 |
| Shortfalls | The client must monitor and replenish required margin.Source 5 |
| Liquidation | The terms permit closure or sale of positions for unpaid margin/debt, with losses remaining the client’s responsibility.Source 5 |
| Financing price | No universal margin-interest rate is established by the digital service terms.Source 5 |
At a glance21
Annual BO charge and account status
| Topic | Details |
|---|---|
| Regulatory amount | The gazette sets annual maintenance at BDT 150.Source 13Source 3 |
| Non-payment with no holdings | The amendment provides for closing an empty account that fails the prescribed fee requirements.Source 13Source 3 |
| Non-payment with holdings | An account holding securities can be suspended until the charge is paid.Source 13Source 3 |
| Separate broker fee | This statutory treatment should not be confused with BRAC EPL’s separately disclosed annual maintenance charge.Source 13Source 3 |
Support and complaints
Sections ↑At a glance22
Service and account recovery
| Topic | Details |
|---|---|
| Client hotline | 16285.Source 5 |
| [email protected].Source 5 | |
| Password or suspected compromise | Contact support promptly to request help or an account lock; the terms require keeping passwords and OTPs private.Source 5 |
| Trade discrepancies | The service terms ask for written notice within 24 hours of receiving an incorrect report/confirmation.Source 5 |
At a glance23
Interruptions and ending digital access
| Topic | Details |
|---|---|
| Service interruption | Exchange routing can be delayed or unavailable; check status with the dealing/support team before duplicating an uncertain instruction.Source 5 |
| Termination | The Trade-service terms require at least 15 days’ written notice through the relevant branch.Source 5 |
| Existing obligations | Ending digital access does not cancel earlier trades or liabilities.Source 5 |
| Overseas customer | The terms provide a documented overseas termination route; request the current form and attestation instructions from support.Source 5 |
Research and additional services
Sections ↑At a glance24
Research and investor services
| Topic | Details |
|---|---|
| Retail research | The brokerage service includes research and market-information support.Source 2 |
| App information | Market news, price monitoring and analytical tools support the client’s own decisions.Source 6 |
| IPO administration | iDesk provides a digital application workflow.Source 7 |
| Decision authority | The Trade terms say website/app content is not itself investment advice or a discretionary management mandate.Source 5 |
Company and group structure
Sections ↑At a glance25
Corporate background
| Topic | Details |
|---|---|
| Brokerage company | BRAC EPL Stock Brokerage Limited is the securities broker covered here.Source 14Source 1 |
| Earlier name | The company history identifies Equity Partners Securities Limited as its predecessor name.Source 1 |
| BRAC Bank relationship | The history describes BRAC Bank’s 2009 acquisition and further 2011 investment; those events should be dated rather than presented as a new 2026 transaction.Source 1 |
| Separate business | BRAC EPL Investments is a separate corporate-finance/merchant-banking business; its services should not be attributed automatically to this brokerage account.Source 1 |
- Headquarters
- Bangladesh
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
BRAC EPL Stock Brokerage Limited
No separate licence entry is recorded in this panel.
Practical considerations
Sections ↑At a glance26
Practical comparison points
| Topic | Details |
|---|---|
| Online versus older retail opening figures | Use the current online FAQ for the digital route; obtain the tariff for a branch or separately negotiated account.Source 3Source 2 |
| Commission versus custody | Compare the broker’s dealing commission with any separate custodian/bank charges, especially for foreign investors.Source 10Source 11 |
| Account balance versus withdrawable cash | Withdrawal approval considers positions and margin, so a displayed portfolio value is not a promise of immediate cash withdrawal.Source 4 |
| Digital access versus BO closure | The Trade-service termination process is not a substitute for settling obligations and arranging custody-account closure or transfers.Source 5Source 13 |
For the digital route, budget BDT150 to open and the two separately timed annual charges totalling BDT400. Resident, NRB and foreign institutional accounts use different commission, custody and banking arrangements. Match the quotation to the actual account category.[3][6][2][11][10]
Sources & further reading
- Company history and business BRAC EPL Stock Brokerage · Accessed 27 Oct 2026
- Domestic retail brokerage and published tariff BRAC EPL Stock Brokerage · Accessed 27 Oct 2026
- Current iDesk account-opening FAQ, documents and charges BRAC EPL Stock Brokerage · Accessed 29 Oct 2026
- iDesk deposit and withdrawal policy BRAC EPL Stock Brokerage · Accessed 27 Oct 2026
- BRAC EPL Trade service terms, displayed on the privacy-policy URL BRAC EPL Stock Brokerage · Accessed 27 Oct 2026
- BRAC EPL Trade: official Android listing BRAC EPL Stock Brokerage / Google Play · Accessed 27 Oct 2026
- BRAC EPL iDesk: official Android listing BRAC EPL Stock Brokerage / Google Play · Accessed 27 Oct 2026
- 2026 bKash payment instructions BRAC EPL Stock Brokerage · Accessed 27 Oct 2026
- EFT, BEFTN and RTGS services BRAC EPL Stock Brokerage · Accessed 27 Oct 2026
- Foreign-investor fees and charges BRAC EPL Stock Brokerage · Accessed 27 Oct 2026
- Foreign-investor account and custody opening BRAC EPL Stock Brokerage · Accessed 27 Oct 2026
- BESL Probashi Biniyog for non-resident Bangladeshis BRAC EPL Stock Brokerage · Accessed 27 Oct 2026
- Gazette of 5 October 2025: BDT 150 annual BO maintenance Bangladesh Securities and Exchange Commission · Accessed 29 Oct 2026
- BRAC EPL exchange member record, TREC 013 Chittagong Stock Exchange · Accessed 29 Oct 2026
- Independent BO balance-enquiry service Central Depository Bangladesh PLC · Accessed 27 Oct 2026
- Brokerage-account agreement: instructions and settlement BRAC EPL Stock Brokerage · Accessed 27 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.