How to open a TMS account to trade shares online in Nepal?

GP Chudal
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How to open an online TMS account to trade shares online in Nepal?

Considering the inconvenient situation created by Coronavirus, a procedure has been implemented for investors to apply for creating a TMS account online to trade shares online in Nepal. Furthermore, the Nepal Stock Exchange has mentioned that you may apply immediately from the new beta version of the website by choosing a broker and clicking on TMS.


According to Nepse, after clicking on the TMS link on the right side of the list of brokers on the new web portal, you need to request for TMS account by clicking on the Register button in the window that appears.

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How to create a TMS account and trade shares online in Nepal? Watch the complete information in the video.

How to trade shares online in Nepal through TMS?

Those looking to buy or sell shares on the secondary market can do so from the comfort of their homes using the internet. Orders can be canceled or the number of shares and prices altered manually at any time. TMS has eliminated the need to visit a broker’s office to purchase or sell stock.


The charge that the broker company sold cheaply or made expensive was also eliminated after the launch of online trading, as was the complaint that it was not acquired or sold on time.


The investor must visit the broker to trade shares online in Nepal and obtain a ‘KYC update.‘ Investors will be unable to trade online until KYC has been updated. Applicants who have set up an online account can apply online.


The broker office will then verify the KYC and add it to the TMS (Trade Management System), while the investor will receive the broker company’s ‘Trading URL Address.’


To reset your password, go to the URL and click on ‘Forgot Password,’ then enter your username and email address in the window. The email will then contain a link to change the password. Change the password using the link in the email.


You can now go to the trade URL and enter your username and password to access the system. During login, investors will receive an OTP (One Time Password) through email. You must log in by entering your ‘OTP’ on the screen.


To publish an order, go to Order Management on the left side and select Normal Order from the drop-down menu. The order entry screen will then appear. The buyer of the shares will select ‘Buy,’ while the seller will select ‘Sell.’


In the share type drop-down menu, choose ‘Equity.’ Now choose the company to see the orders that it has placed. On the same order page, enter the number of shares and the desired price, then click ‘Place Order.’ If the notice ‘ME not logged in’ displays after that click, contact the broker and request that he use his DNA to log in.


Otherwise, the screen will display a notice with an order placed. You can see your order on the same screen as you place it. The transaction will be completed if the order matches; else, it will be canceled at the end of the day.


Meanwhile, go to Order Management, Order Book, and click on Open Order to alter or cancel the order. Change the amount or price you want to buy and click on place order, or cancel if you want to cancel by clicking on the cancel sign.

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How do I trade shares through TMS in Nepal? What is the cost of the service charge?

The number of people dealing in the stock market has been steadily expanding recently. Because it is feasible to exchange shares online in Nepal, investors appear to be drawn to online TMS.


When stock trading began in Nepal, it was essential to go to the bank and apply for an application for stock purchase. After that, you had to visit the broker’s office and place an order. Online stock trading has been possible over time because of TMS.


Nepse says more than 80% of transactions are completed online in Nepal. The number of TMS recipients has reportedly reached over 350,000, according to Nepse. More than 49 lakhs people have opened Demat accounts so far. Similarly, more than 58 lakhs of people have opened Mero shares.


According to statistics, the number of Demat and Mero share accounts opened last year has more than doubled. The number of Demat and Mero shareholders has expanded dramatically due to the company’s IPO and the recently evicted Nepal Infrastructure Bank, which occurred at the start of the Corona pandemic.


People appear to be investing their money in stocks since even small amounts can be utilized to exchange shares. Any other business can’t be started with just Rs. 1-2 lakhs. However, you can start investing in shares with as little as Rs 1,000 or as much as you want.


What exactly is TMS?

TMS stands for trade management system in its shortened form. In Nepal, it is utilized to trade stocks online.


Shares were traditionally traded only after visiting a broker’s office and speaking or in writing ordering the purchase or sale of shares. However, since the launch of TMS, investors who have opted for this service are no longer required to visit their broker’s office. Investors can trade stocks from their homes, office, or other locations using PCs, laptops, mobile phones, and other devices.


To do so, first, go to a broker’s office and request TMS service. There is no cost associated with this. The TMS form must be completed after the KYC (Know Your Customer) form has been updated at the broker’s office. The broker's office will issue a TMS username and password to your email the same day or the next day.


Along with their name, the broker’s office is also known by the numbers 1, 2, and 3. If you go to Broker 1 for TMS service, go to www.tms01.nepsetms.com.np and log in with the username and password issued by the broker’s office. The broker office number is displayed when using the browser to log into TMS.


As a result, selling your shares is simple once the username and password are supplied. Except on holidays, you can trade from 11 a.m. to 3 p.m. Sunday through Thursday. Aside from that, you can trade in the pre-open session for 15 minutes on certain days from 10:30 a.m. to 10:45 a.m.


After clicking on order and heading to the sale option, you can sell shares from TMS by entering the company's name, the number of shares you wish to sell, and the price. This allows you to see whether the sale went through or not right away. The share price can be kept at a maximum and minimum of 2% above the current price.


Similarly, when purchasing shares of a company through Nepal’s online TMS, you can go to the buy order page and enter the firm’s name, the amount you wish to purchase, and the price. However, you must pledge 25% of the total amount you plan to spend on TMS.


TMS collateral can be kept in Connect IPS or at a broker’s office. The amount seen in the collateral can be equated to a quarter-percentage-point amount. For example, if your collateral is Rs 25,000, you can buy shares worth up to Rs 1 lakh (This ratio can differ according to brokers in Nepal). The amount of money spent as collateral is visible as soon as you acquire the order and the shares. If you purchase shares, the collateral will be returned to its previous state after payment is received through the broker’s office or Connect IPS.


The money from selling the shares can be credited to your bank account within 3 days, whereas the shares purchased in this manner must be credited to your account within 2 days.


What is the cost of trading stocks in Nepal? Broker’s Commission in Nepal

Buying and selling shares is referred to as share trading. How much does it cost to buy or sell a share in Nepal?


You must pay a 0.4 percent charge if you trade up to Rs 50,000, 0.37 percent if you trade between Rs 50,000 and Rs 500,000, 0.34 percent if you trade between Rs 500,000 and Rs 2 million, and 0.30 percent if you trade between Rs 2 million and Rs 10 million. For transactions over Rs.10 million, a 0.27 percent fee is applied.


The money earned from selling shares is taxed at only 5%, while the DP charge is Rs. 25 per transaction. A commission of 0.015 percent is also charged by the Securities and Exchange Board of Nepal.


NEPSE TMS Login URLs for all brokers in Nepal

B.NBroker NamesNepse TMS Login Url
1Kumari Securities Pvt. Limitedhttps://tms01.nepsetms.com.np
3Arun Securities Pvt. Limitedhttps://tms03.nepsetms.com.np
4Opal Securities Investment Pvt. Limitedhttps://tms04.nepsetms.com.np
5Market Securities Exchange Company Pvt. Limitedhttps://tms05.nepsetms.com.np
6Agrawal Securities Pvt. Limitedhttps://tms06.nepsetms.com.np
7J.F. Securities Company Pvt. Limitedhttps://tms07.nepsetms.com.np
8Ashutosh Brokerage & Securities Pvt. Limitedhttps://tms08.nepsetms.com.np
10Pragyan Securities Pvt. Limitedhttps://tms10.nepsetms.com.np
11Malla & Malla Stock Broking Company Pvt. Limitedhttps://tms11.nepsetms.com.np
13Thrive Brokerage House Pvt. Limitedhttps://tms13.nepsetms.com.np
14Nepal Stock House Pvt. Limitedhttps://tms14.nepsetms.com.np
16Primo Securities Pvt. Limitedhttps://tms16.nepsetms.com.np
17ABC Securities Pvt. Limitedhttps://tms17.nepsetms.com.np
18Sagarmatha Securities Pvt. Limitedhttps://tms18.nepsetms.com.np
19Nepal Investment & Securities Trading Pvt. Limitedhttps://tms19.nepsetms.com.np
20Sipla Securities Pvt. Limitedhttps://tms20.nepsetms.com.np
21Midas Stock Broking Company Pvt. Limitedhttps://tms21.nepsetms.com.np
22Siprabi Securities Pvt. Limitedhttps://tms22.nepsetms.com.np
25Sweta Securities Pvt. Limitedhttps://tms25.nepsetms.com.np
26Asian Securities Pvt. Limitedhttps://tms26.nepsetms.com.np
28Shree Krishna Securities Limitedhttps://tms28.nepsetms.com.np
29Trishul Securities And Investment Limitedhttps://tms29.nepsetms.com.np
32Premier Securities Company Limitedhttps://tms32.nepsetms.com.np
33Dakshinkali Investment Securities Pvt.Limitedhttps://tms33.nepsetms.com.np
34Vision Securities Pvt.Limitedhttps://tms34.nepsetms.com.np
35Kohinoor Investment and Securities Pvt.Ltdhttps://tms35.nepsetms.com.np
36Secured Securities Limitedhttps://tms36.nepsetms.com.np
37Swarnalaxmi Securities Pvt.Limitedhttps://tms37.nepsetms.com.np
38Dipshika Dhitopatra Karobar Co. Pvt.Limitedhttps://tms38.nepsetms.com.np
39Sumeru Securities Pvt.Limitedhttps://tms39.nepsetms.com.np
40Creative Securities Pvt.Limitedhttps://tms40.nepsetms.com.np
41Linch Stock Market Limitedhttps://tms41.nepsetms.com.np
42Sani Securities Company Limitedhttps://tms42.nepsetms.com.np
43South Asian Bulls Pvt.Limitedhttps://tms43.nepsetms.com.np
44Dynamic Money Managers Securities Pvt.Ltdhttps://tms44.nepsetms.com.np
45Imperial Securities Co. Pvt. Limitedhttps://tms45.nepsetms.com.np
46Kalika Securities Pvt.Limitedhttps://tms46.nepsetms.com.np
47Neev Securities Pvt.Ltdhttps://tms47.nepsetms.com.np
48Trishakti Securities Public Limitedhttps://tms48.nepsetms.com.np
49Online Securities Pvt.Ltdhttps://tms49.nepsetms.com.np
50Crystal Kanchenjunga Securities Pvt.Ltdhttps://tms50.nepsetms.com.np
51Oxford Securities Pvt.Ltdhttps://tms51.nepsetms.com.np
52Sundhara Securities Limitedhttps://tms52.nepsetms.com.np
53Investment Management Nepal Pvt. Ltd.https://tms53.nepsetms.com.np
54Sewa Securities Pvt. Ltd.https://tms54.nepsetms.com.np
55Bhrikuti Stock Broking Co. Pvt. Ltd.https://tms55.nepsetms.com.np
56Shree Hari Securities Pvt.Ltdhttps://tms56.nepsetms.com.np
57Aarya Tara Investment And Securities Pvt. Ltd.https://tms57.nepsetms.com.np
58Nasa Securities Co. Ltd.https://tms58.nepsetms.com.np
59Divya Securities & Stock House Pvt. Ltdhttps://tms59.nepsetms.com.np

 

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