This agreement outlines the terms and conditions for using Mika Securities Limited’s brokerage services and the Amar Biniyog trading app. By opening an account with us and/or using the app, you agree to be bound by these terms. This document covers our mutual rights and obligations.
To open an account, you must be a resident of Bangladesh with a valid National Identity Card (NID) and a Bank account. You are responsible for providing accurate and complete information during the registration process. You must keep your account information, including your password, confidential. You are fully responsible for all activities that occur under your account. You agree to notify us immediately of any unauthorized use or security breach.
Mika Securities is a licensed brokerage firm regulated by the Bangladesh Securities and Exchange Commission (BSEC). Our services include:
All trades executed through Amar Biniyog must comply with the rules and regulations of the DSE and BSEC. You are responsible for understanding the risks associated with investing in the stock market. You acknowledge that Mika Securities is not an investment advisor and does not provide financial advice. All investment decisions are your sole responsibility. We reserve the right to suspend or terminate your account if we suspect any fraudulent or manipulative trading activity.
You agree to pay the following fees and charges:
Funds deposited into your trading account will be held in a segregated client bank account, as required by BSEC regulations. You can deposit funds via bank transfer or other approved methods. Withdrawals can only be made to the bank account linked to your trading account. Securities bought will be credited to your BO account, and securities sold will be debited.
We are committed to protecting your personal and financial data. We will use your information to provide our services, process transactions, and comply with legal and regulatory obligations. We will not share your information with third parties without your consent, except as required by law. While we implement security measures to protect your data, you acknowledge that no system is completely immune to cyber threats.
Mika Securities and the Amar Biniyog app are provided on an “as is” and “as available” basis. We do not guarantee that the app will be uninterrupted, error-free, or free of viruses or other harmful components. We are not liable for any losses or damages arising from the use or inability to use the app, including but not limited to, delays in trade execution, system failures, or data loss.
Mika Securities’ total liability for any claim arising out of this agreement will not exceed the amount of the fees paid by you for the services during the six (6) months preceding the event giving rise to the claim. We will not be liable for any indirect, incidental, consequential, or punitive damages.
This agreement is governed by the laws of Bangladesh. Any dispute arising out of this agreement shall be subject to the exclusive jurisdiction of the courts of Bangladesh.
Mika Securities reserves the right to amend these terms and conditions at any time. We will notify you of any changes through the app, our website, or via email. Your continued use of our services after such changes constitutes your acceptance of the new terms.
This policy reflects those requirements, including the need for client consent, data security, and adherence to specific regulations from bodies like the Dhaka Stock Exchange (DSE), Bangladesh Securities and Exchange Commission (BSEC) and Bangladesh Bank (BB).
This Privacy Policy outlines how Mika Securities, a brokerage firm licensed by the Bangladesh Securities and Exchange Commission (BSEC), collects, uses, and protects the personal and financial information of its clients. This policy applies to all services provided by Mika Securities, including transactions on the Dhaka Stock Exchange (DSE) and the use of the Amar Biniyog trading app.
By opening an account and using our services, you consent to the collection, use, and disclosure of your information as described in this policy.
To provide our services and comply with regulatory requirements, we collect various types of information.
Identification Data: Your name, address, father’s/mother’s name, date of birth, gender, marital status, and nationality.
Contact Information: Your phone number, email address, and mailing address.
Official Identification: A copy of your National ID (NID) or passport.
Financial Details: Your bank account number, bank name, and branch details for fund transfers and anti-money laundering (AML) compliance.
Investor Data: Your Beneficiary Owner (BO) account number and transaction history, including trade data and account balances.
Source of Funds: Information required to verify your source of funds, as mandated by money laundering prevention laws.
Device Information: Data about the device you use to access the Amar Biniyog app, such as your IP address, operating system, and unique device identifiers.
Usage Data: Information on how you interact with the app, including login times, pages viewed, features used, and crash reports.
Cookies and Similar Technologies: We may use cookies to enhance your app experience, authenticate you, and analyze app usage.
We use the collected information for the following purposes:
To Provide Services: To open and manage your trading and BO accounts, execute your buy and sell orders on the DSE, and process fund transfers.
For Security and Verification: To verify your identity, protect against fraud, and ensure the security of your account and transactions.
Regulatory and Legal Compliance: To fulfill our obligations under the Securities and Exchange Ordinance, 1969, the Cyber Security Act, 2023, and the Money Laundering Prevention Act, 2012. We are required by BSEC and Bangladesh Bank to maintain specific records of all client transactions.
Communication: To send you trade confirmations, account statements, important notices, and updates about our services.
Service Improvement: To analyze usage data to improve the functionality, performance, and user experience of the Amar Biniyog app.
We will not sell, trade, or rent your personal information to third parties for marketing purposes. Your data may be shared with the following entities as required for our business operations or by law:
Regulatory Bodies: We are legally obligated to share your information and transaction details with BSEC, DSE, and Central Depository Bangladesh Limited (CDBL) for market surveillance and compliance.
Financial Institutions: Your bank for processing deposits and withdrawals.
Service Providers: Third-party vendors who provide essential services to us, such as data storage, IT support, and cyber security. These providers are contractually bound to maintain confidentiality and security standards.
Legal Authorities: We may disclose your information if required by a court order or other legal process in Bangladesh.
We are committed to protecting your data. We implement reasonable administrative, technical, and physical safeguards to secure your personal and financial information. These measures include:
Encryption: Using cryptographic protocols to protect data during transmission.
Access Controls: Restricting employee access to client data on a need-to-know basis.
Regular Audits: Conducting periodic security audits and vulnerability assessments to identify and mitigate risks.
Physical Security: Securing our physical servers and data centers.
While we strive to use commercially acceptable means to protect your information, no method of transmission over the internet or method of electronic storage is 100% secure. Therefore, we cannot guarantee its absolute security.
We retain your personal and transaction data for as long as your account is active and for a period thereafter as required by law and regulatory guidelines in Bangladesh. This is necessary to comply with record-keeping obligations under the Companies Act, 1994 and other financial regulations.
Under the current legal framework, you have the following rights regarding your data:
Right to Access and Correction: You may request access to the personal information we hold about you and ask for any inaccuracies to be corrected.
Withdrawal of Consent: You may withdraw your consent for us to use your data for purposes not required by law, though this may limit your ability to use certain services.
All such requests should be made in writing to the contact information provided below.
We may update this Privacy Policy from time to time to reflect changes in our practices or relevant laws. We will notify you of any material changes by posting the new policy on our website and through the Amar Biniyog app. Your continued use of our services after the effective date of the revised policy constitutes your acceptance of the changes.
For any questions or concerns about this Privacy Policy or our data practices, please contact us addressing our Data Protection Officer at:
Mika Securities Ltd.
If there are any questions regarding this privacy policy, you may contact us using the information below.
mikasecurities.net
MIKA SECURITIES LTD
Simpletree Lighthouse, 9th floor, 53 Kemal Ataturk Avenue, Banani, Dhaka-1213, Bangladesh
Email: info@mikasecurities.net
Phone: +8801730062188
Effective Date: August 25, 2025
This Refund Policy governs the process for refunds of payments made to Mika Securities, a stock brokerage firm licensed to operate at the Dhaka Stock Exchange (DSE). This policy is designed to ensure a fair and transparent process for our clients regarding service-related charges.
This policy applies to fees and charges directly collected by Mika Securities for the provision of its brokerage and related services. It does not apply to market-related losses, government fees, or other charges over which Mika Securities has no control.
A client may be eligible for a refund under the following circumstances:
Refunds will not be issued for the following:
To request a refund, clients must follow these steps:
If a refund request is approved, the refund will be processed and disbursed in one of the following ways:
The refund will be processed within 7-10 working days from the date of approval.
For any queries regarding this policy or to submit a refund request, please contact:
Client Services Department Mika Securities Simpletree Lighthouse (9th Floor), 53 Kemal Ataturk Avenue, Banani, Dhaka 1213, Bangladesh Email: info@mikasecurities.net Phone: +8801730062188
Mika Securities reserves the right to amend or update this policy at any time without prior notice. The latest version of the policy will be available on our official website.
