Karachi, November 6, 2025 – The Pakistan Stock Exchange (PSX) has introduced comprehensive guidelines to facilitate the opening and operation of trading accounts for individuals below 18 years of age, known as Minor Investor Accounts.
According to the PSX, the initiative aims to promote financial inclusion and investment awareness among young Pakistanis by encouraging early exposure to the capital market. The move also supports the national objective of broadening the investor base and fostering a long-term saving and investment culture.
The PSX, in collaboration with the National Clearing Company of Pakistan Limited (NCCPL) and the Central Depository Company (CDC), developed these guidelines under the supervision of the Securities and Exchange Commission of Pakistan (SECP). The framework outlines detailed procedures for account opening, operational modalities, and compliance requirements for brokers and guardians.
To open a minor’s trading account, a guardian must provide valid identification documents issued by NADRA, such as a Juvenile Card, Form-B, or Child Registration Certificate. In cases where the guardian is not the father, a Guardianship Certificate from the court is required. All Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) requirements will apply through the guardian.
Accounts will be titled as “Name of Minor (Minor) through Name of Guardian (Guardian).” Only the guardian will have authority to operate the account, make payments, or execute trades on behalf of the minor.
The PSX clarified that futures, leveraged, and negotiated market trades will not be available for minors. Once the individual turns 18, the account will be transitioned into a regular investor account, ensuring a smooth shift to independent trading.
This initiative marks a significant step in developing financial literacy among youth and ensuring their secure entry into Pakistan’s growing capital market ecosystem.