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FLORET COMMODITIES
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Frequently Asked Questions
For your self help purposes.
Q1. WHAT IS PMEX?
PMEX stands for Pakistan Mercantile Exchange. PMEX is the only exchange in Pakistan that provides the platform for investors to trade into the international commodities on marginal basis.
Q2. What is Futures Trading?
PMEX stands for Pakistan Mercantile Exchange. PMEX is the only exchange in Pakistan that provides the platform for investors to trade into the international commodities on marginal basis.
Q3. How to Open Trading Account?
PMEX stands for Pakistan Mercantile Exchange. PMEX is the only exchange in Pakistan that proIn the latest developments, an investor can open his/her trading account now in easy steps through our online portal. Just click on ‘Open an Account’ button and get yourself signed up there. Following are the requirements needed for online account opening.
• CNIC
• A sim registered in the investor’s name
• IBAN of client’s own name
• Income proof in case of Filer
• In cade of non-filer, income proof be needed of sponsor.vides the platform for investors to trade into the international commodities on marginal basis.
Q4. Are my Funds Secure?
PMEX stands for Pakistan Mercantile Exchange. PMEX is the only exchange in Pakistan thYour funds are absolutely secured, since the funds are conveyed through the PMEX. As per the latest policies of Pakistan Mercantile Exchange, A broker is never allowed to accept the payment of client on his behalf. Moreover, through the Direct Fund Model; through which the funds are directly sent to PMEX and updated on client’s portal; this security has increased the investors fund security and their reliability.at proIn the latest developments, an investor can open his/her trading account now in easy steps through our online portal. Just click on ‘Open an Account’ button and get yourself signed up there. Following are the requirements needed for online account opening.
• CNIC
• A sim registered in the investor’s name
• IBAN of client’s own name
• Income proof in case of Filer
• In cade of non-filer, income proof be needed of sponsor.vides the platform for investors to trade into the international commodities on marginal basis.
Q5. How do i verify the Broker?
Client can verify the broker through various means. For that purpose, the investor must verify the licence of broker through SECP. Secondly, the broker must be verified from pmex broker list as well and ensured whether the broker comes on active list or not. Thirdly, through the SECP website, client can verify broker’s all details• CNIC
• A sim registered in the investor’s name
• IBAN of client’s own name
• Income proof in case of Filer
• In cade of non-filer, income proof be needed of sponsor.vides the platform for investors to trade into the international commodities on marginal basis.
Q6. What are the Trading Hours in PMEX?
Presently, the PMEX trading times are as follow.
• Monday: 4:00 am – 3:00 am
• Tuesday-Friday 5:00am – 3:00 am
Q7. Can the Broker or any of its employee trade on my behalf?
At Floret Commodities, we strive to train and empower the client to make his own decision. We, as a firm, does not enable any of our employee or any staff member to trade on client’s behalf. All the clients are requested and guided to keep their account credentials to their own selves. For any technical or trading assistant, you will always find this company available.
Addresses
Head Office
First Floor, Marina Heights, 109-E, Blue Area, Jinnah Avenue, Islamabad.
Branch Office
Office B-1, First Floor, Box Park Commercial, Bahria Town Phase 7, Rawalpindi
Branch Office
Office no 15th, First Floor, Doha Emporium FMC, Sector B-17, Islamabad
Send a Mail
info@floretcommodities.com
For any information or query
compliance@floretcommodities.com
For any complaints