Mona Financial Consultancy & Securities

What Mona Financial Consultancy & Securities does

Mona Financial Consultancy & Securities Ltd. is a Bangladesh-based private brokerage house operating under regulatory licenses from BSEC and Trading Right Entitlement Certificates (TREC) from the Dhaka Stock Exchange (TREC No. 164, since 1995) and the Chittagong Stock Exchange (TREC No. 121103, since 1998). The company is a full-service Depository Participant of the Central Depository Bangladesh Limited (CDBL DP ID 14700), enabling it to offer BO account maintenance, dematerialization/rematerialization, pledging, and share transfer services. Its core business is brokerage execution on the DSE and CSE, supplemented by depository participant services, IPO application processing, advisory, and professional market research.

The firm's product stack centers on its iMONA digital trading platform, comprising an Android and iOS mobile application and a web-based Order Management System (oms.monafcs.com, currently v2.2.3). The trading technology is powered by qTrader, an OMS developed by Quant FinTech Limited, integrated with two-factor authentication, SMS/email alerts, and online BO account opening via CDBL. Complementing the digital channel, Mona FCS operates a physical network of 5 branch offices and 3 extension offices across Dhaka and Chittagong, supporting floor trading, in-person account opening, and panel broker services for institutional clients (IDLC and Sandhani Life Finance Limited). Adjacent tools include a free tax calculator aligned to NBR rules for tax year 2025-2026 and a research publishing cadence of daily and weekly market updates.

Mona FCS earns revenue through transaction fees on DSE/CSE trades (trading commissions), depository service fees (BO maintenance, demat/remat, pledge, transfer), IPO application processing fees (including bulk applications), and professional service fees for investment advisory, portfolio management, and reporting. The customer base spans retail investors (primary segment), institutional clients, corporate accounts, and high-net-worth prime customers, with disclosed corporate logos including Tosrifa, Aamra Technologies, Aser, Asian, Mutual Trust Bank, Purabi, Alliance, Sandhani Life Finance, Panna Textile, Amico, and Modhumoti Bank. The firm employs approximately 56 staff across operations, IT, compliance, accounts/HR, branch management, and customer service functions.

Name

Mona Financial Consultancy & Securities

Legal name

Mona Financial Consultancy & Securities Ltd.

Website

https://monafcs.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

Mona Financial Consultancy & Securities is a Bangladesh-based brokerage house providing stock trading on DSE and CSE, CDBL depository participant services, IPO application processing, and investment research through its iMONA mobile/web platform and 8 physical branches, serving retail, corporate, and institutional clients.

Ownership category

akta.pro rank

Product category

Securities Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (52315), Portfolio Management and Investment Advice (523940)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro industry

PRIMARYFSACAFAB

Equity Prime Brokerage (Custody, Financing & Services)

Financial & Insurance/Capital Markets & Securities/Equities Trading & Prime Brokerage

SECONDARYFSACAFAK

Equity Capital Introduction & Prime Services

Financial & Insurance/Capital Markets & Securities/Equities Trading & Prime Brokerage

SECONDARYFSAAAMAI

Sub-Accounting & Platform Servicing (Omnibus, Intermediary/NSCC, Retirement Platforms)

Financial & Insurance/Asset & Wealth Management/Asset Management — Fund Administration & Transfer Agency

SECONDARYBPAHAOAL

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory)

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/M&A, Transaction & Restructuring Advisory

Keywords

• Stock brokerage services
• Securities trading
• Depository participant services
• Capital market services
• Investment advisory

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Trading Commission: Commission-based revenue from buy and sell transactions executed on behalf of clients on DSE and CSE. Revenue generated per transaction based on trading volume.
2. DP Services: Fees for depository participant services including BO account maintenance, dematerialization, rematerialization, pledging/unpledging, transfer and transmission of shares.
3. IPO Application Processing: Revenue from processing IPO applications for retail and bulk investors, including online and physical application submission services.
4. Professional Services: Reports, statements, investment advisory, and portfolio management services.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels5 records

Core offering

Mona Financial Consultancy & Securities Limited is a Bangladesh-registered brokerage house providing stock trading services on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) through online, mobile (iMONA), and floor trading channels. The firm also operates as a full-service Depository Participant of CDBL (DP ID 14700) offering BO account maintenance, dematerialization, pledging, transfer, and transmission of shares, alongside IPO application processing, margin finance, custodial services, and financial consultancy.

Product overview

Mona Financial Consultancy & Securities Ltd operates a multi-channel brokerage platform centered on its iMONA mobile app and web-based OMS trading system, both integrated with qTrader infrastructure. The core offering includes stock trading services across DSE and CSE exchanges, supplemented by full depository participant services through CDBL for BO account management and electronic securities handling. The product portfolio comprises the iMONA mobile trading application (Android/iOS), web-based OMS platform (v2.2.3), DP services for share custody and transfer, IPO order management, tax calculator tool, and research reports. All services are regulated by BSEC and connected to exchange and depository infrastructure for end-to-end securities trading.

Differentiator

Problem solved

Functional benefit

Brands

• iMONA: Mobile trading application for Bangladesh stock market providing smart trading functionalities

Products and services

• iMONA Mobile Trading App A mobile trading application for the Bangladesh stock market enabling users to buy and sell shares directly from their accounts with two-factor authentication, portfolio viewing, and account management. Available on Android and iOS for individual retail investors.
• OMS Web Trading Platform Browser-based online trading system (oms.monafcs.com) powered by qTrader, allowing users to execute trades, view portfolios, and manage their brokerage accounts through a browser interface with two-factor authentication.
• DP Service (Depository Participant) Full-service depository participant services through CDBL including BO account maintenance, electronic share management, dematerialization, re-materialization, pledging/unpledging, transfer, and transmission of shares.
• Trading Services Comprehensive stock trading services including online trading, mobile app trading, floor trading, and panel broker services on DSE and CSE. Supports payment methods including cheque, cash, BEFTN, RTGS, and NPSB.
• IPO Order Management IPO application service allowing investors to apply for IPOs online or physically, supporting individual and bulk applications for both institutional and retail investors.
• Tax Calculator Online tax calculator tool for Bangladesh investors to compute tax liability based on taxpayer category, annual income, and investment amount, aligned with NBR rules for tax year 2025-2026.
• Research and Market Advisory Services Market research and advisory service including daily and weekly market updates, professional analysis, and strategic guidance for informed investment decisions.

Quantifiable outcome

• 24+ years of continuous operation in Bangladesh capital market
• +2 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core.

• IDLCcoreChannel Partner/ Reseller/ DistributorIDLC is a panel broker arrangement where Mona FCS serves as the chosen brokerage house for IDLC's clients and employees trading in the stock market.
• Sandhani Life Finance LimitedcoreChannel Partner/ Reseller/ DistributorSandhani Life Finance Limited has a panel broker arrangement with Mona FCS for stock trading services for their clients and stakeholders.
• Central Depository Bangladesh Limited (CDBL)coreTechnology or IntegrationCDBL is the central depository system for Bangladesh. Mona FCS is a full-service Depository Participant (DP ID: 14700) providing electronic share custody, transfer, and settlement services.
• Dhaka Stock Exchange (DSE)coreTechnology or IntegrationDSE TREC Membership No. 164. Mona FCS is a member broker providing trading services on the Dhaka Stock Exchange since 1995.
• Chittagong Stock Exchange (CSE)coreTechnology or IntegrationCSE TREC Membership No. 121103. Mona FCS provides trading services on the Chittagong Stock Exchange since 1998.
• Bangladesh Securities and Exchange Commission (BSEC)coreTechnology or IntegrationRegulatory authority overseeing the capital market. Mona FCS is registered with BSEC (DSE Registration: 3.1/DSE-164/2008/295, CSE Registration: 3.2/CSE-103/99-84).
• Quant FinTech LimitedcoreTechnology or IntegrationDeveloped qTrader trading platform powering the iMONA online trading system. Quant FinTech provides the technology infrastructure for Mona FCS's digital trading platform.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• SLICS Securities: Bangladesh life insurance-affiliated brokerage providing trading services on DSE and CSE. Comparable as a regulated domestic broker operating in the same product and customer segments.
• Imperial Capital: Bangladesh brokerage house offering DSE/CSE trading and DP services with both online and physical presence. Comparable as a similarly-positioned full-service domestic broker.
• LankaBangla Securities: Bangladesh brokerage firm offering online trading, research, and margin financing on DSE and CSE. Comparable as a multi-product TREC member serving both retail and institutional Bangladesh clients.
• Prime Finance Securities: Bangladesh brokerage providing trading, DP, and advisory services on DSE and CSE. Comparable as a mid-sized domestic broker competing in the same product categories as Mona FCS.
• National Brokerage: Bangladesh-based brokerage with TREC membership on DSE/CSE and CDBL depository services. Comparable as a direct competitor in the same domestic exchange and depository ecosystem.
• Shanta Securities: Bangladesh-based brokerage house with DSE and CSE TREC membership, offering online trading and DP services. Comparable as a similarly-sized domestic broker competing in the same exchanges.
• EBL Securities: Brokerage arm of Eastern Bank Limited in Bangladesh, providing trading on DSE/CSE plus DP services. Comparable as a bank-affiliated, full-service Bangladesh broker with both digital and physical channels.
• BRAC EPL Stock Brokerage: One of Bangladesh's largest brokerage houses, TREC member of DSE and CSE, offering online trading, research, and institutional services. Directly comparable as a full-service Bangladesh broker with multi-channel distribution.
• IDLC Securities: Subsidiary of IDLC Finance, a leading Bangladesh financial institution, providing brokerage and DP services on DSE/CSE. Comparable as a regulated Bangladesh broker with institutional backing — notably, Mona FCS is a panel broker for IDLC.
• AB Securities: Brokerage subsidiary of AB Bank in Bangladesh, providing trading services on DSE and CSE. Comparable as a regulated Bangladesh broker with institutional heritage and similar product scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/mona-financial-consultancy-and-securities-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mona Financial Consultancy & Securities