United Financial Trading Company Limited

What United Financial Trading Company Limited does

United Financial Trading Company Limited (UFTCL) is a Bangladesh-based securities brokerage firm founded in 1997, operating under dual exchange memberships (DSE TREC No. 227 and CSE TREC No. 043) and as a Depository Participant of CDBL. The firm serves nearly 50,000 retail, international, and institutional clients through a hybrid distribution model spanning 11 branch offices, 13 BSEC-approved digital booths, and the proprietary UFTFAST trading platform (delivered via iOS/Android apps, web OMS, and CRM portal), which enables simultaneous trading on both the Dhaka Stock Exchange and Chittagong Stock Exchange. The core technology stack is built on Quant FinTech's qTrader engine (v2.2.3) with FIX Protocol connectivity to DSE, augmented by proprietary UX layers including bulk order execution, take-profit/stop-loss automation, biometric login, market sentiment visualization, and offline order scheduling.

UFTCL's revenue model combines transactional and recurring streams: competitive trading commissions on securities transactions, BDT 150 BO account opening fees, BDT 150 annual BO maintenance fees, depository charges (0.05% of market value plus BDT 100 per scrip), share transfer/remate/pledge fees, IPO subscription assistance, portfolio management services, and market research. Its go-to-market motion blends product-led growth through the UFTFAST platform, enterprise/field sales via the booth and branch network, and community-led acquisition via university engagement, financial literacy seminars, and Bengali-language podcasts and a monthly magazine. The product surface extends beyond brokerage to equities, bonds, mutual funds, derivatives, and commodities, plus a UFTPLAY companion app.

The company is founder/owner-managed under Managing Director Abdul Awal (associated with parent-group Diplomat Holdings Limited) and Chairman Md. Kabir Reza FCMA (group Executive Director of Square Pharmaceuticals Ltd.), with no disclosed external institutional investors, PE backing, or funding rounds. Founded capital disclosure is not made; revenue is undisclosed; and the firm has no patents. Regulatory standing is governed by BSEC under directive SEC/CMRRCD/2009-193/16/Admin/113 for digital booth operations. Recent awards include the DBA Stock Brokers Performance Award 2023 and FIX Protocol certification (2023), positioning UFTCL as one of Bangladesh's longer-tenured mid-tier brokerages transitioning toward digital-first retail distribution.

Name

United Financial Trading Company Limited

Legal name

United Financial Trading Company Limited

Website

https://uftcl.com

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Bangladesh stock brokerage founded 1997 with dual DSE and CSE memberships, offering the proprietary UFTFAST dual-exchange trading platform to nearly 50,000 retail, international, and institutional clients via 11 branches and 13 digital booths nationwide.

Ownership category

akta.pro rank

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Trading Commission: Competitive commission charged on securities trading transactions executed through the platform
2. Account Opening and Maintenance Fees: BO account opening fee (BDT 150) and annual BO maintenance fee (BDT 150)
3. Depository Services: Charges for Demat services (0.05% of market value + BDT 100 per scrip), share transfer in/out, remate, and pledge/unpledged services
4. IPO Services: Guidance and assistance in subscribing to Initial Public Offerings
5. Portfolio Management Services: Expert portfolio management services for clients
6. Market Research: Market insights and research services for informed investment decisions

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels10 records

Core offering

UFTCL is a licensed brokerage house providing securities trading on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) through its proprietary UFTFAST digital trading platform, available on web, iOS, and Android. The company also offers Depository Participant (CDBL) services, online BO account opening, IPO subscriptions, portfolio management, market research, and access to investment products including equities, bonds, mutual funds, derivatives, and commodities, supported by 13 BSEC-approved digital booths and branch offices across Bangladesh.

Product overview

United Financial Trading Company Limited (UFTCL) operates as a leading brokerage firm in Bangladesh offering a unified platform-plus-modules product architecture. The core product is UFTFAST, a comprehensive digital trading ecosystem consisting of web-based OMS (oms.uftcl.com), Android and iOS mobile apps, CRM portal, and BO account opening system. UFTFAST enables dual exchange trading on both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) through a single platform. The product suite also includes DP services, portfolio management, IPO services, market insights, financial transactions via BEFTN/RTGS/bKash, affiliated foreign trade, market research, and dedicated customer service. Investment products offered include equities, bonds, mutual funds, derivatives, and commodities. The company operates 13 digital booths nationwide, extending brokerage services closer to investors. Founded in 1997, UFTCL serves nearly 50,000 clients with over 120 employees.

Differentiator

Problem solved

Functional benefit

Brands

• UFTFAST: A smart and user-friendly trading platform enabling investors to trade on both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) simultaneously. Features include live trading, portfolio management, market sentiment analysis, bulk order execution, take profit & stop loss facility, offline trading support, global stock exchange updates, and CRM portal access.
• UFTPLAY

Products and services

• UFTFAST Trading Platform Proprietary multi-channel trading platform (web, iOS, Android) providing real-time trading, portfolio management, market sentiment analysis, bulk order execution, take-profit/stop-loss automation, biometric login, and offline order scheduling across both DSE and CSE.
• UFTFAST Web Trading (OMS) Web-based desktop Order Management System providing professional dealer terminal access with advanced trading tools and real-time market insights.
• UFTPLAY Mobile App Companion trading application available on Google Play, offered by UFTCL alongside the core UFTFAST app.
• Online BO Account Opening Digital service allowing customers to open Beneficial Owner (BO) accounts online through a secure registration and document upload process to begin trading immediately.
• DP (Depository Participant) Services Depository Participant services through CDBL providing secure storage, transfer, remate, and pledge/unpledge of securities for client portfolios.
• Portfolio Management Services Professional portfolio management service using high-end tools and expert guidance to grow and diversify client investment portfolios.
• IPO Services Subscription assistance for Initial Public Offerings, helping clients capitalize on new market opportunities. Minimum IPO investment typically BDT 10,000.
• Market Research and Insights Real-time market data, professional analysis, and investment strategy insights to support informed investment decisions.
• Affiliated Foreign Trade Trading services for overseas clients enabling seamless trading in Bangladesh capital markets through the UFTFAST app from anywhere globally.
• Digital Booth Brokerage Service

Quantifiable outcome

• Nearly 50,000 clients served
• +2 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability2 records

Feature13 records

Partnerships

Seven partnerships are on record, tiered core and major.

• Dhaka Stock Exchange (DSE)coreOthersMember of Dhaka Stock Exchange with TREC No. 227, providing access to DSE trading facilities and market data
• Chittagong Stock Exchange (CSE)coreOthersMember of Chittagong Stock Exchange with TREC No. 043, enabling trading on CSE markets
• Central Depository Bangladesh Limited (CDBL)coreOthersActive Depository Participant (DP) of CDBL for secure storage and management of securities
• Quant FinTech LimitedcoreTechnology or IntegrationDeveloped qTrader trading platform (v2.2.3) powering UFTFAST trading application with FIX Protocol connectivity
• City Bank PLCcoreStrategic or Co-development PartnerBanking partner for fund transfers through BEFTN/RTGS/NPSB, account maintained at City Bank Principal Branch for client deposits
• Bangladesh Securities and Exchange Commission (BSEC)coreOthersRegulated by BSEC with approved digital booth operations under directive SEC/CMRRCD/2009-193/16/Admin/113
• Diplomat Holdings LimitedmajorStrategic or Co-development PartnerParent/group company umbrella for UFTCL under the leadership of Managing Director Abdul Awal

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/uftcl

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 United Financial Trading Company Limited