​BO Account stands for Beneficiary Owners Account. If you want to start investing and stock trading in the stock market in Bangladesh then you need to open a Beneficiary Owners account. Just like a Bank Account is used to hold your money, your BO account is used to hold your shares. All shares from new IPO’s and most of the secondary market shares are in electronic form and a BO account, owned by you the investor, holds the electronic shares.
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In general, there are two types of Beneficiary Owners Account. One is Single/Joint BO and the other is NRB BO (Non-Residential Bangladeshi). Besides, there is also another account called Link BO, which is used to transfer your existing BO account from one broker house to another broker house. As you are a general investor you need to open a Single or Joint BO account. A person can open two Beneficiary Owners account in his/her in Midway Securities Ltd.: one single account and one joint account.

​Opening a BO account is the first step to start trading in the stock market in Bangladesh. To open a BO account, simply click on this link: BO Account. Once you fill it out, your BO account will be opened in 2 business days. Please check your email for BO Account Confirmation after 2 working days.

​To open a Single/Joint BO Account you simply need the following documents.

• Passport sized photos of the account holder/holders
• Bank Account details
• National ID/Passport photocopy

​To open a NRB BO Account you simply need the following documents:

• 2 passport sized photos of the account holder/holders
• Photocopy of Passport/Social Security Card/Resident Card etc. duly attested
• Local Foreign Currency Bank Account Statement in Bangladesh and a (optional) Local Bank Account Statement
• Employment certificate/trade license/work permit or Pay slip/tax return document photocopy as a proof of earning status of the NRB
• 1 passport size photo of Nominee with National ID/Passport photocopy
• A nominated person with POA (Power of Attorney) who will sign trading documents on behalf of the NRB while he/she is abroad. His/her photo (attested by the NRB)

​Opening a BO account costs only Tk. 480.

​After opening a BO account you simply need to put money into your BO account to start buying shares in the Dhaka Stock Exchange. Simply fund your BO account from your bank account. You can deposit money into your BO account by using cash, cheque, Electronic Fund Transfer, online bank deposit, payorder and bKash, Rocket or Nagad (1% service fee for using bKash, Rocket or Nagad only).

​After you have opened a BO account and deposited money into that account, you are ready to buy (and sell) shares. You can buy/sell stocks in multiple ways:

• Online (through our Mobile app or Website Link)
• Over phone by call our Authorized Representative: +88 01716023211
• Visiting your nearby branch to place a buy or sell order

If you want to apply for IPOs, typically IPOs start as low as Tk. 5,000. If you wish to invest in the secondary market, there is no minimum amount. You can start as low as Tk. 25,000. It really depends on your investment outlook. Let us design an investment portfolio based on your needs and risk profile.

​An IPO, or initial public offering, is the process by which a privately held company begins selling stock to outside investors, thus becoming a public company. From that point on, the company can raise the capital it needs by selling shares, but it must also comply with a strict set of reporting guidelines, as established by the Bangladesh Securities and Exchange Commission (BSEC). An IPO is a lottery process where you simply apply for an IPO through Midway Securities Ltd. If you are lucky in the lottery you will receive an IPO shares. If you are unlucky, you will get back all your money into your BO account. The service charge for applying for an IPO is only Tk. 10 total.

You can apply online for all the latest IPOs. Fill out the form and we will take care of the rest. Just make sure you have enough balance in your Midway BO account.

​Yes we do. Join our IPO membership club and you will never have to worry about missing an IPO application. We will automatically apply for all the IPOs for you (depending on your available balance). Please be aware, we will not automatically apply for Mutual Funds. Call or visit us to find out more features.

Depositing money into your BO account is very easy. You can deposit from any bank account in Bangladesh, free of charge. You can do online deposit or physical deposit. Or if you want, you can use bKash, Rocket or Nagad (service fee applies).

All you have to do is fill out this form online. We will deposit your fund directly to your bank account via Bangladesh Electronic Fund Transfer Network. (BEFTN).

Yes we do. We email portfolios, ledgers and trade confirmations daily, after 4 pm. Just write down your email address when your open your BO account with us.

The Dhaka Stock Exchange does. The organization conducts monthly training programs for anyone who is willing to learn or enhance his or her market knowledge. Regular courses include programs on Fundamental Stock Analysis, Technical Stock Trading, Equity Portfolio Management, Valuation of Shares and many more. There are a number of courses and diplomas available through this wonderful Training Academy. You can check out the monthly schedule by clicking here. And if you have selected the ones you like, just send us a msg to register. Anyone can apply.

We have a wonderful blog that will help you learn about the Stock Market. We regularly write articles in English and in Bangla to help you learn about how to be successful in buying and selling the right stocks. You can also speak to our dedicated portfolio managers who can help you learn even more. You can visit, call, email or even send me a message on Facebook to learn and stay connected.