How To Buy Shares In Nepal: Step By Step Guide
Nowadays, in Nepal, more and more people are becoming aware of trading shares. Likewise, an increasing number of people are getting interested in trading shares as well. There are multiple reasons behind this growing interest. Regardless, one of the key reasons is to be more knowledgeable about the financial aspect of Nepal and earn money in the share market of Nepal. However, before you begin the share trading in Nepal, you first need to fulfil the basic requirements for share trading. Information like a bank account and a DEMAT account are included in this list of requirements. The good news is once you have these said details, you can contact a share broker company and start buying shares almost immediately.
In this blog, we provide a step-by-step guide on how you can buy shares in Nepal online. Other than that, we will also discuss what online share trading is and its key benefits.
What is Online Share Trading?
In its simplest form, online share trading is a form of technology where investors such as yourself can buy and sell shares through electronic media such as computers, laptops, mobiles, and tablets via the internet. As an investor, you can trade anywhere in the world by entering share purchase or sales orders.
You can place or cancel the order anytime with the help of an online facility. As you might have guessed, the online trading system has a huge advantage over the traditional system of placing your orders through brokers.
Key Benefits of Online Share Trading
As we said before, online share trading enjoys a huge edge over the traditional system of placing your order through brokers. Some of the key benefits of online share trading that give them an advantage over traditional systems include:
You can place your order from across the world with a few clicks.
Your options for investments are more flexible and within your control.
Your trades can be immediately executed or modified.
Online share trading provides a hassle-free experience without any form of outer interference since you can easily place your order to buy stocks with a few clicks.
It lowers the expense of making frequent calls to or visits to the broker.
It also allows you to carefully monitor your investments in real-time.
Step-by-Step Guide to Buying Shares Online In Nepal
Now that you have an overview of what online share trading is, in addition to some of the key benefits, let's finally talk about the guide regarding buying shares online in Nepal. The process for how to buy shares in Nepal for beginners is as follows:
Step 1: Get TMS Login Details
The subsequent section deals with the first step or instruction on buying stocks in Nepal. In this step, you should:
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Go to the broker's office and get your KYC updated by filling up a form. You cannot engage in online trading until your KYC is updated.
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Once the KYC form is verified, you can open an investor account in the Trading Management System (TMS)
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It sends a username and email to your email address.
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You can then trade using the provided URL by resetting the password.
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The broker also provides the TMS login URL. By using the TMS login URL, an investor can enter into NEPSE Online Trading System/NOTS).
Note: Each broker has a different TMS login URL.
Step 2: Resetting Password
As mentioned, prior to doing any trading, you have to reset the password. The following are steps on how to reset the password in your TMS account:
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By opening the URL that has been set by the broker, one may click on "forgot password," which is normally located near the lower left corner.
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From here, after clicking "forgot password," you can then enter the "Username" provided to you by your broker.
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After having typed in a working email address, you can click "Submit."
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You will be notified that a reset link has been sent to your email address.
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Go to the email and click the reset password button.
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Once you click on reset password, it opens a new window where it asks you to make a new password.
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Create a new password by following the guidelines given.
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Once you have entered a new password and then re-entered it, you are allowed to click on the submit button.
Now you can log into your TMS account with the updated password.
Step 3: NEPSE TMS login
To initiate your trading, you can log in to an account in TMS by following the steps below:
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Go to the URL of NEPSE TMS login that will be provided to you by the corresponding broker. The URL will be different depending on your broker number.
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After you open the URL, click on your username and password.
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Solve a simple captcha below the user name and password sections.
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Click on "log in."
Step 4: Buying
Once you login to your TMS dashboard, you can see many options in the navigation panel.You can follow the following procedure to begin the process of purchasing shares online.
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Go to "order management"
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Click the "Buy/Sell" option in the top right corner of the screen.
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Click on "Buy."
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On the share type, choose "Equity
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The company's stock symbol of choice.
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In the same order, enter the desired price and the quantity of shares.
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Once you have entered the price and number, click on buy in the middle right section of the screen.
Note: If you face any problems with the placement of the orders, you can contact us and ask for our aid.
With this, we conclude the step-by-step guide on how to buy stocks for complete beginners. Now, note that these are general steps on how to buy shares in Nepal online if you are new and haven't traded shares before. If you have already logged into the TMS, you can skip the password resetting step and simply start from our third step.
Conclusion
In recent times, an increasing number of Nepali are starting to get interested in share trading. That said, if you are among such people, you first need to follow a few steps before you can start share trading. TThe share trading process for a beginner is rather simple, and one can start buying shares with just a few clicks.
In this blog, we discussed what online share trading is and its key benefits and provide you with a step-by-step guide on buying shares online in Nepal. We hope you found this helpful. IF you seek further insights into various other aspects of share trading in Nepal, do check out some of our other blogs. And for the best share trading in Nepal, Secured Securities is where you should be. Thank you for reading till the end .
FAQs on the Share Market in Nepal
How to buy shares in Nepal online?
Buying shares online in Nepal is pretty easy to do. In order to start this process, you can follow the steps mentioned below:
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Fulfill the criteria that it has to have a bank account and DEMAT account
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Get TMS login details from brokers
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Reset its password
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Login into NEPSE TMS
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Go to "Order Management" on the TMS dashboard
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Go to Buy/Sell
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Click on "Buy."
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Then select the "Equity" on the share type
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Type the stock symbol to select the company
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Mention the quantity of the shares and the price he is looking for.
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Click purchase, middle right of the screen.
Which share is best to buy in Nepal?
The ideal shares to buy in Nepal depends on the market situation at any given time. That said, the best shares to buy in Nepal at the time of this writing include:
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Hydroelectricity Investment and Development Company Limited Promoter Share
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Arun Valley Hydropower Development Company Limited
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Api Power Company Limited
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Ngadi Group Power Limited
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Upper Tamakoshi Hydropower Limited
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Himal DolakhaHydropower Company Limited
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Kumari Bank Limited
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Laxmi Sunrise Bank Limited
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National Hydro Power Company Limited
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Prabhu Select Fund
How do beginners buy shares?
How to buy shares A beginner will go through the following steps:
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Access the TMS via your broker.
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Reset TMS password if needed.
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Log in to the NEPSE TMS.
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In the TMS dashboard, find the module labelled "Order Management".
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Choose "Buy/Sell."
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Click on "Buy."
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Select "Equity" as the share type.
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Enter the company's stock symbol to choose the desired company.
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Please enter the quantity of shares and the price you prefer.
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Click "Buy" located at the middle-right of the screen.
Note that you will need a bank account and a DEMAT account.
How can I open a broker account in Nepal?
The specific process of opening a broker account depends on the specifics of your circumstances. The typical procedure for setting up a brokerage account in Nepal consists of the following steps:
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Choose a brokerage firm based on its reputation, services, fees, and customer support.
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Collect the necessary documents: citizenship card, photograph, personal details, BOID, and bank details.
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Get the application form of the brokerage firm you would want to work with online or in person and fill it out, taking your time to review the details before submitting.
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If required, visit the office of the broker where your documents are present for completing the application and making all possible legal compliances.
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Transfer funds into your broker account as collateral for online trading, ensuring smooth trade execution.
Which is the best broker in Nepal?
In Nepal, numerous brokers operate, and Secured Securities is distinguished as one of the top brokers among them. Secured Securities provides you with an in-depth service regarding the trading of shares regardless of whether you are a professional or a newbie.
What is the broker rate in Nepal?
The organisation and the time frame are the determining factors for the specific broker rate.At the time of this writing, the average broker rate in Nepal is somewhere between 0.36 to 0.4 percent.
How to sell shares online in Nepal?
The very first thing you should do is to log in to your TMS account. Once you have logged into the TMS account, the following procedure can be followed:
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Go to the navigation panel
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Click on order management.
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Tap the sell option.
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Enter stock symbol, number of shares, and selling price.
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Click on sell option at the middle right corner of the screen.
Where can I buy and sell shares in Nepal?
There are many platforms where you can purchase and sell shares in Nepal. Some major venues through which one can buy and sell shares in Nepal are as follows:
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Nepal Stock Exchange- NEPSE
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Licensee brokerage companies, such as Secured Securities.
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NEPSE Online Trading Systems
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Broker mobile apps