Back to homeInvesting on the Lusaka Securities Exchange: how to get started, the main costs and risks, and the terms that apply when using our services.
Getting started 1. What is Autus Securities Limited?
2. How do I start investing on the LuSE?
3. What is the minimum amount I can invest?
4. Do I need to understand the stock market before investing?
5. How can I make money from shares?
6. Can I invest regularly, for example every month?
Account opening and documentation 7. What documents do I need to open an individual account?
8. Can I open a joint account?
9. Can I open an investment account for a minor?
10. Can a company, trust, partnership or other entity open an account?
11. How long does account opening take?
12. Is there a fee to open an account?
Buying and selling shares 14. What is the difference between a market order and a limit order?
15. What happens after I place an order?
16. What is a contract note?
17. Can I buy or sell shares whenever I want?
18. What happens if nobody wants to buy the shares I am selling?
19. How do I sell shares I already own, including shares held through another broker?
20. Can Autus tell me which shares to buy?
Fees and transaction costs 21. What charges apply when I buy or sell shares?
22. Can you give me an example of the fees?
23. Are there charges for holding shares or receiving dividends?
Settlement, funding and dividends 24. What does T+3 settlement mean?
25. How do I fund my investment account?
26. How do I receive dividends?
27. Can I reinvest my dividends instead of receiving cash?
28. How do I fund an order and what if I send too little?
Other investment questions 29. Can I invest in bonds as well as shares?
30. Can I buy or sell Government Treasury bills through Autus?
31. Can someone living outside Zambia invest through Autus?
32. How can I monitor my investments?
33. What should I do if my contact or banking details change?
This FAQ is intended for general information and investor education. It is not an offer to buy or sell securities and does not constitute a recommendation to invest in any particular security or personalised investment advice. Investments in shares, bonds and other securities involve risk, including the possible loss of capital. Investors should consider their financial circumstances, objectives and risk tolerance before investing. Product availability, fees, rules and procedures may change. Where this guide differs from the signed Autus agreement or applicable laws and regulations, those governing documents and requirements apply.
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A member of the Lusaka Securities Exchange Plc
Regulated by the Securities and Exchange Commission of Zambia