CAL Securities: accounts, charges, trading and client protection

Capital Alliance Securities (Private) Limited is CAL’s Sri Lankan share broker. Investors choose an online account or an adviser-supported account and hold the securities through the local CDS system. The CAL group also presents treasury and unit-trust investments in its digital service; those products have separate contracting businesses.[4][12]

CAL supplies platform credentials after account confirmation and funding. It publishes individual, joint and company application forms. At CDS, an individual must be at least 18; one person may maintain accounts with different brokers, but ordinarily only one account per broker. CDS itself does not charge an opening fee.[1][5][14]

View full spreads & trading costs

The service provides access to Colombo Stock Exchange listed shares.[2]

The self-trading FAQ excludes margin from that account. Standard clients can discuss credit with their adviser, but an approved facility needs its own rate, collateral rules and repayment terms. An account-opening investment threshold does not establish borrowing capacity.[3]

Credit creates a separate obligation from the market value of the shares bought. CAL’s published legal history includes forced sales after a collateral shortfall, illustrating why a financed customer must follow the agreed margin-call and liquidation procedure. A later dispute decision does not suspend settlement or margin obligations in another account.[20]

At that schedule, a LKR100,000 purchase adds LKR1,120, giving LKR101,120 payable. A sale for the same gross value leaves LKR98,880 before any other account-specific liability. These are arithmetic illustrations, not assumed execution prices or financing quotes.[2]

These depository charges are separate from dealing commission. CDS applies 2.5% SSCL and 18% VAT to charged services.[18]

CAL’s public retail pages do not give a complete current tariff for broker-to-broker stock transfers, cash payouts or margin finance. Obtain the applicable quote before using those services.[3]

The ATrad guide instructs clients to change the initial password and log out properly; an improperly closed session can remain until timeout. It also explains that only the selected market-depth tab refreshes. Those documented behaviours do not establish identical settings, alerts or watchlists across every current phone and web version.[6]

CDS states that normal and crossing-board equity trades settle on the second market day after trading, T+2; buy-in trades use T+1. Settlement establishes the trade’s cash and securities obligations.[16]

CAL’s payout approval and the receiving bank’s credit are separate steps; the retail FAQ does not promise a universal completion deadline.[3]

For a same-owner transfer between brokers, CDS uses Form 6 and verification by both the receiving and delivering participants. Incomplete or inconsistent instructions can be rejected. Obtain CAL’s transfer charge and confirm whether any unsettled trade or pledged holding must first be cleared; a change of broker does not itself sell the investment.[17]

The SEC’s register dated 2 July 2026 lists Capital Alliance Securities (Private) Limited as a stockbroker. CDS separately identifies the firm under participant code CAS. Capital Alliance PLC’s debt-broker registration and Capital Alliance Investments Limited’s fund-management registration belong to different businesses; they should not be presented as additional permissions of the share-broking company.[12][13]

The SEC and CDS material reviewed does not establish an individual cash-compensation ceiling for this account.[12][14]

Address a stockbroking complaint to the firm’s compliance function first and retain the instruction, contract note, account statement and responses. Unresolved broker disputes can be submitted to the CSE under the applicable dispute rules; alleged securities-law breaches fall within the SEC’s remit. The current framework includes the CSE Mediation Panel and Dispute Resolution Panel. Published contact availability is not a measured response or resolution time.[19][20]

CAL’s 2024/25 annual report described Capital Alliance Securities as Sri Lanka’s second-largest stockbroker at that financial year-end. This is a dated company-reported ranking, not a fresh October 2026 market-share calculation. Its current contact page places CAL at M2M Veranda, W. A. D. Ramanayake Mawatha, Colombo 02.[11][10]

On 25 August 2026, the Court of Appeal granted relief to CAL in CA/WRT/0789/2024, concerning an attempted reopening of a complaint about April 2022 forced sales. A 2023 Dispute Resolution Committee decision had found for CAL. The court treated that determination as final and the challenged reopening route as outside the SEC’s powers. The order addresses that dispute and procedural route, rather than guaranteeing the handling of another client’s margin account.[20]

Headquarters

Colombo, Sri Lanka