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BRAC EPL logo

BRAC EPL

Regulated
Bangladesh
,
Since 2000
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
StocksStocksPAMM

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

8 methods

Bank Transfer

bank transfer
3 days
Fee:
Free
Fee:
Free

bKash

e wallet
Instant
Fee:
BDT 5
Fee:
Free

EFTN/BEFTN/NPSB/RTGS

bank transfer
2 days
Fee:
Free
Fee:
Free

Cheque Deposit

bank transfer
3 days
Fee:
Free
Fee:
Free

iDesk Platform

other
Instant
Fee:
Free
Fee:
Free

Mobile Financial Services (MFS)

e wallet
Instant
Fee:
Free
Fee:
Free

Debit/Credit Card

credit card
Instant
Fee:
Free
Fee:
Free

Cash Deposit

bank transfer
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 62%, 2: License 84%, 3: Software 0%, 4: Spread 0%, 5: Account Type 24%, 6: Symbol 0%
Regulation
62%Fair
License
84%Excellent
Software
0%Poor
Spread
0%Poor
Account Type
24%Poor
Symbol
0%Poor

Company Information

Full Name:BRAC EPL Stock Brokerage Limited
Founded:2000
Headquarters:Bangladesh
Enterprise Offices:1offices

Customer Support

Phone:
+880 01730727919
Live Chat:
business_hours
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about BRAC EPL: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

BRAC EPL is a considerable name in the trade broker and financial services industry. This company provides various services as per their requirements from the trade. Though there are no proper references available in the matter related to BRAC EPL, their presence in the trade indicates their business in providing necessary trade solutions.

History

BRAC EPL is involved in the financial services sector, majorly dealing with brokerage and trading services. Even though it is difficult to obtain particular historical milestones regarding BRAC EPL, this particular broker is quite renowned for its contribution towards helping traders and investors gain access to the market.

Normally, other brokers such as BRAC EPL act as linkages between different clients and financial markets to build platforms for effective trade execution. Since there is no historical information available, it is crucial for prospective clients to clearly engage with a view to gaining more information.

Features and Offerings

Although there is not much publicly available information, TRADOLE, or brokers that fall under the category of BRAC EPL, usually provide a range of trading services that could include exposure to different financial instruments, trading platforms, and account management solutions.

It is also important to consider regulation when assessing the overall quality of any trade broker. All brokers have to be regulated by certain financial laws and rules for the benefit of traders.

But there is very limited information available on the regulatory status of BRAC EPL. These details can be inquired from the concerned broker or from the relevant regulating authority before doing the trading.

Regulator

License Number

Status

Limited information available

–

Trading Environment and Technology Platform

The spreads, leverage, and minimum deposit terms that are associated with trade conditions are all integral parts that a trader has to focus on.

Likewise, its technology in the trading platform contributes to its usability, speed, and functionality offered to the traders. Sadly, the specifics involving BRAC EPL’s terms in the trading platform and technology used in the platform are not recorded.

Trading Condition

Details

Spreads

Little information available

Leverage

Limited Information Found

Minimum Deposit

No information available

Trading Platform

Limited information available

Fee Structure

Knowledge of the fee system is essential for traders to be able to control their expenses. The cost may be in the form of commissions, deposit/withdrawal fees, and other associated expenses.

As for BRAC EPL, there is not much information available regarding a detailed fee structure. This is something that potential clients would be well advised to ask about.

Fee Type

==========

Details

Deposit Fees

Limited information available

Attracting Talent

Not much available

Commission

Limited information available

Conclusion

BRAC EPL is a trading broker operating in the financial services industry, although there is not much public information available about its activities, legal standing, or terms of service. As a trading broker, BRAC EPL is possibly providing the usual trading facility, but potential clients must exercise extreme caution. The lack of information, however, requires direct contact with BRAC EPL and confirmation through government authorities as an integral element in any trade activity. The process of making well-informed decisions will thereby play an important role in securing investments in the intricate world of financial markets.

Regulation check

Regulatory Licenses

BRAC EPL is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

0 of 1 checked
Licences on record
1
Confirmed on register
0
Tier 1 or 2
1
Offshore
0

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

Financial Conduct Authority 3.1/DSE-11/2008/306/382

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
Bangladesh
Authority strength
Tier 1
Licence type
Dealing in futures contracts
Not yet checked on the register

Client protection under this licence

  • Compensation schemeUp to £85000 (FSCS)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeFinancial Ombudsman Service
  • Maximum leverage1:30

These are the rules FCA sets for the firms it licenses. They are not a statement about how BRAC EPL applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

3 account types on record. Leverage up to 1:1.

3 account types
AccountMin DepositLeverageCommission
StocksInvestNot recorded1:10.40% per transaction
StocksInvestNot recorded1:1Not specified
PAMMPropNot recorded1:1Management fee and brokerage commissions
Account names and conditions as published by BRAC EPL, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

10 ways to fund an account. 9 with no deposit fee. 6 credit instantly. The costliest way in is bKash at BDT 5.

10 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank Transfer
Ensure that the bank transfer includes the correct reference number to facilitate accurate processing.
FreeFreeBDT 100BDT 100BDT 50,0003 days
bKashE-Wallet
Use the reference number provided by BRAC EPL when making the deposit.
BDT 5FreeBDT 100BDT 100BDT 50,000Instant
EFTN/BEFTN/NPSB/RTGSBank Transfer
Ensure that the transfer includes the correct reference number to facilitate accurate processing.
FreeFreeBDT 100BDT 100BDT 50,0002 days
Cheque DepositBank Transfer
Ensure that the cheque includes the correct reference number to facilitate accurate processing.
FreeFreeBDT 100BDT 100BDT 50,0003 days
iDesk PlatformOther1FreeFreeBDT 100BDT 100BDT 50,000Instant
Mobile Financial Services (MFS)E-Wallet1FreeFreeBDT 100BDT 100BDT 50,000Instant
Debit/Credit CardCredit Card1FreeFreeBDT 100BDT 100BDT 50,000Instant
Cash DepositBank Transfer
Ensure that the deposit includes the correct reference number to facilitate accurate processing.
FreeFreeBDT 100BDT 100BDT 50,000Instant
International Bank TransferBank Transfer
Ensure that the international transfer includes the correct reference number to facilitate accurate processing.
FreeFreeBDT 100BDT 100BDT 50,0004 days
Mobile Banking TransferE-WalletFreeFreeBDT 100BDT 100BDT 50,000Instant

Broker's notes on these methods

  1. Ensure that the transaction includes the correct reference number to facilitate accurate processing. · applies to 3 methods
Fees, limits and processing times as published by BRAC EPL, recorded by Wikilix.
Social channels

Social Presence

2 official channels on record.

2 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the BRAC EPL brand.

1 entity
  • BRAC EPL STOCK BROKERAGE LIMITEDActiveBangladeshRegistration C-40259Established Feb 28, 2019
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about BRAC EPL

Most Popular Questions
Clients can reach BRAC EPL support via phone at +880 01730727919, email at info@bracepl.com, or live chat available during business hours. The broker also maintains social media presence on Facebook and LinkedIn for additional contact options.
The maximum leverage offered by BRAC EPL is not specified.
BRAC EPL generally does not charge fees for deposits or withdrawals except for a fixed deposit fee of 5 BDT when using bKash. Other methods like bank transfers, cheque deposits, and card payments have no stated fees.
BRAC EPL supports multiple deposit methods including bank transfers, bKash mobile financial service, cheque deposits, debit/credit cards via the iDesk platform, and various mobile financial services. Deposit processing times range from instant to a few days depending on the method used.
BRAC EPL Stock Brokerage Limited is regulated by the Financial Conduct Authority (FCA) in the UK, a tier 1 global regulator. The FCA provides client fund insurance up to £85,000 through the FSCS and enforces high transparency and complaint mechanisms such as the Financial Ombudsman Service.
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