The stock market has created a good market for itself in Nepal. Many beginners invest in IPOs, while many people have begun investing in the secondary market. However to buy and sell shares you require a broker. There are so many brokers in Nepal, meaning there are so many options you can choose from. But this also means you should make informed decisions.
There are so many things that set good brokers apart from the rest like; customer service, responsiveness, and investment skills.
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Aryatara Investment and Securities Pvt. Ltd.
Broker no.: 57
One of Nepal’s leading financial institutions, Aryatara Investment and Securities Pvt. Ltd., specializes in stock brokerage services. Aryatara was founded to empower investors and enable smooth trade, and it has made a name for itself in the Nepalese capital market.
High-net-worth individuals, institutions, and individual investors are served by Aryatara’s portfolio management services. They build diversified portfolios that take into account their clients’ investment horizon, financial objectives, and risk tolerance.
| Broker no. | 57 |
| Contact number | +977 4420314 |
| Location | Province-03, Anamnagar-29, Kathmandu
BUTWAL BRANCH [RWS] DANG BRANCH [RWS] BHAIRAHAWA BRANCH [RWS] PALPA BRANCH [RWS] GATTHAGHAR BRANCH (RWS) |
| Total clients | 7,972 |
| Website | https://aryatarasecurities.com/ |
Nepal Stock House Pvt. Ltd.
Broker No. 14
Investment advising, portfolio management, and stock trading services are offered by this brokerage company. They are well-known on the Nepali stock market and provide investors with individualized services. It is located in Kathmandu, Nepal at ACLBSL 721.00, Kalikasthan-29.
| Broker no. | 14 |
| Contact number | 977-1-4529621, 4529631 |
| Location | Kalikasthan-29, Kathmandu, Nepal
Newroad-8, Pokhara, Nepal Bidur-2 Battar, Nuwakot, Nepa Tikapur-1 Bhimsentol, Kailali, Nepal |
| Total clients | 11,563 |
| Website | https://stockhouse.com.np/ |
Naasa Securities Co. Ltd.
Broker No. 58
Another reputable stock brokerage in Nepal is Naasa Securities. They provide research, investment advice, and trading services. Their team of professionals helps customers make wise investment selections. It is situated in Kathmandu, Nepal at Nagpokhari Marg.
| Broker no. | 58 |
| Contact number | +977-1-5970084 |
| Location | Lal Colony Marg, Lal Durbar, Kathmandu, Nepal |
| Total clients | 31,184 |
| Website | https://naasasecurities.com.np/ |
Imperial Securities Company Pvt. Ltd.
Broker No. 45
situated in Kathmandu, Nepal, at Tanka Prasad Ghumti Sadak. A variety of financial services are offered by Imperial Securities, such as investment advisory, portfolio management, and stock trading. They are known for their dependability and commitment to client satisfaction.
| Broker no. | 45 |
| Contact number | 01-5970145 |
| Location | Anamnagar, Hanumansthan |
| Total clients | 10,120 |
| Website | https://imperialsecurities.com.np/ |
Linch Stock Market Ltd.
Broker no.: 41
Nepal is home to Linch Stock Market Ltd., a public limited business. On the 12th of Paush, 2064, it was registered at the Company Registrar’s Office in Tripureshwar, Kathmandu. The business is dedicated to providing all-inclusive services, such as brokerage and Depositary Participation (DP) under one roof, to its cherished investors1. As a stockbroker, Linch Stock Market Ltd. is licensed by CDS and Clearing Limited (CDSC ) to clear and settle stocks traded on the stock exchange through its member stock brokers1.
It also possesses broker membership number 41 from the Nepal Stock Exchange Limited (NEPSE). Linch Stock Market Ltd. has years of experience in the stock market and is still committed to providing its clients with professional and knowledgeable service.
| Broker no. | 41 |
| Contact number | 01-4569367/01-4569068, 071-537292 |
| Location | New Baneshwor, Kathmandu
Milanchowk, Butwal |
| Total clients | 7,994 |
| Website | https://linch.com.np/ |
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Conclusion
If you know a broker or someone you know is into the secondary market, you could also ask them to be your broker. If you do not want to travel for an appointment with a broker, it is a safe move to find a broker near you. This way you can always meet face-to-face in case of any confusion and it speeds up the process as you can always physically meet him.
The secondary market is very profitable but, this means that there is an equal chance of facing the loss in the negative. Brokers are your medium to the secondary market. Do not hesitate to ask questions and check their history so that you have a good broker who knows what he’s doing.
FAQs
1. Can I buy and sell shares without a broker?
With DPs, you can open a Demat account without a broker; but, to trade on the stock market, you will need to open a trading account through a SEBI-registered broker or sub-broker.
2. Do you need a broker to buy and sell shares?
The simple answer is no, although you shouldn’t completely rule them out, you don’t need a living, advice-giving, fee-charging broker. The online storefront where you buy stocks, bonds, exchange-traded funds (ETFs), and other products is called a brokerage, and you need one.
3. Why brokers are necessary?
Because stock exchanges require licenses for traders to perform trades on their platform, you will need a broker. Another reason is that a broker guarantees a seamless trading experience between an exchange and an investor and typically does not impose a commission on ordinary trades, as is the case with discount brokers.
4. Can I buy stocks alone?
Buying stocks can be done in one of two ways: either through an online brokerage or by hiring a robo-advisor or financial advisor to do the buying for you. The optimal approach is the one that corresponds to your desired level of involvement and direction in the investment management process.
5. How do I buy Coca-Cola shares?
Computershare Trust Company, N.A. sponsors and oversees a Direct Stock Purchase and Dividend Reinvestment Plan that allows for the purchase of shares. On Computershare’s website, you can browse and print information regarding the Computershare Investment Plan, including any associated fees.
6. Can I sell shares directly?
To accomplish this, go to the broker’s website or app, log into your account, and then take the following actions: To sell shares from your watchlist or portfolio, select this option. Input the information about the shares you wish to sell, including the price, amount, and name of the company.
7. Can a broker sell your stocks without permission?
Generally speaking, it is against the law for a financial counselor or stockbroker to sell securities without first getting the investor’s consent.