Top Pakistan Brokers for 2022

We found 11 online brokers that are appropriate for Trading Pakistan.

Best Pakistan Brokers Guide

Updated August 13, 2022

Pakistan Financial Markets

Pakistan Brokers

Trading Pakistan Financial markets

Pakistan financial market is a combination of money markets and capital markets. The money market comprises the inter-bank call money, certificate of deposit (CD), and repo markets and the capital market comprises the stock market. In addition, there is a futures market for foreign exchange as well as the Commodity Exchange of Pakistan (COMEX) that deals in futures in agricultural products such as cotton, sugar, wheat and rice. Pakistan’s two main stock exchanges are Karachi Stock Exchange (KSE), as well as the Lahore Stock Exchange (LSE). The KSE commenced operations in 1954 while LSE started its operations in 1976. Government securities are traded on both exchanges. The largest share of trading activity takes place on KSE where shares are also traded.

How Big Are Financial Markets In Pakistan?

The total value of stocks traded on the Pakistan stock exchange is approximately Rs.24,000 billion. The debt securities market is also showing an upward trend with a value of Rs.40,000 billion.

Stock exchange rules and regulations spell out some basic principles that have to be followed by all equity investors and listed companies undertaking corporate actions (e.g., rights issues, bonus shares etc.).

Who Regulates The Financial Markets In Pakistan?

The Securities and Exchange Commission of Pakistan (SECP) is the regulator for the securities market. The stock markets and financial market regulators are:

Securities and Exchange Commission of Pakistan — regulates public companies, government entities, mutual funds, and all investors in stocks or bonds. SECP also provides online access to documents on listed companies’ corporate actions such as Shareholders Meetings, Annual General Meetings etc.

Is Forex legal In Pakistan?

Forex trading is legal in Pakistan. It is governed by the Securities and Exchange Commission of Pakistan. Forex trading also falls under the purview of the State Bank of Pakistan. This was made possible with a Forex policy that was outlined in 2000 which came into effect in 2001.

What Is Forex Trading in Pakistan?

Trading Forex in Pakistan is the trading of one currency against another; USD/CAD, AUD/JPY and so on. These currencies are traded against each other in pairs because their price action tends to move at the same time and when you can forecast or predict which way they will move based on an economic indicator or news release, called fundamental analysis, you can make money

Is Trading Forex Halal?

A question often asked by Muslims who have knowledge of Islam but are not familiar with the world of finance is: “Is trading foreign exchange halal?” The short answer would be yes; there aren’t any major problems from an Islamic perspective regarding forex trading as long as all transactions are done through brokers who are reliable merchants and use reputable currency exchanges. That being said, some considerations need to be made before deciding whether forex trading could be right for you financially and spiritually.

So, is Trading Forex Halal? What makes this question so difficult for some people is that this kind of financial activity has been deemed forbidden (haram) according to many Muslim scholars because it involves two risks: interest (riba) and uncertainty (gharar). Interest was discussed earlier in this paper, so we won’t go into detail here except to say that while interest rates may vary between trades depending on what broker or exchange you use, most brokers don’t charge fees on top of the spread which ranges between 1-7 pips depending upon where your currency pair is traded.

What Are Islamic Trading Accounts?

Islamic trading accounts are just that – accounts that are compliant with the principles of Islamic finance. They offer a variety of investment products to meet the varying needs and risk appetites of different investors.

While these products may be based on conventional financial tools such as stocks, bonds, mutual funds and currencies, they will conform to principles laid down by sharia law. Is this something new? No, there has always been an Islamic finance industry in Muslim-majority countries where most participants have been Muslim individuals or organizations.

The difference now is that there is an increasing demand for halal or haram-free financial instruments from non-Muslims. This demand has created a market for Islamic investment products in the West where most players are non-Muslim firms seeking a new niche in the global financial market.

Can You Trade CFDs In Pakistan?

Yes, you can trade CFDs in Pakistan. Although the industry is not regulated in Pakistan, many international brokers are regulated in European countries that offer CFDs to traders in Pakistan. Make sure you pick a broker that is well known and holds financial regulation from a major European country.

CFD trading platforms can offer a wide range of trading assets and advanced trading platforms as well as leverage up to 1:500. This makes them a great option for investors who want to diversify their portfolios with different kinds of assets.

However, it is important to know that trading CFDs is considered very high risk. You should always consider your risk appetite before starting trading CFDs in Pakistani.

Can I Trade Cryptocurrency In Pakistan?

Yes, you can trade cryptocurrency in Pakistan. While the country’s central bank banned banks from dealing with digital currency for financial transactions, it has not stopped people from trading cryptocurrencies.

To be more specific, the central bank of Pakistan does not regulate cryptocurrencies. It rather regulates the banks that are dealing with digital currencies for financial transactions.

The ban is targeted at protecting consumers from fraudulent activities by cryptocurrency exchanges and crypto brokers as well as ensuring that investors do not lose their hard-earned money from investment scams in this market of volatile assets. However, no law or regulation bans individuals and companies to trade cryptocurrencies like bitcoin or other altcoins in Pakistan.

The government of Pakistan is yet to decide the status of bitcoin and other digital currencies in this country. This means that the general public can buy/sell/trade bitcoin without any legal threat while they wait for a decision on this matter by the government.

That said, there are also some risks associated with investing in cryptocurrency due to its highly volatile nature and lack of regulation by authorities around the world (or even within countries). Therefore, before you decide to start trading cryptocurrencies ensure you understand how these markets work and if it makes sense for your portfolio based on the risk level of your investment strategy.

Is Crypto Legal in Pakistan?

Yes, cryptocurrency is legal in Pakistan. The government of Pakistan did not make any laws for cryptocurrencies, but the government did say that it’s illegal to use them as a form of payment.

According to the chairman of the State Bank of Pakistan (SBP), Tariq Bajwa, cryptocurrencies are not legal tender in Pakistan and no bank or financial institution can offer services for them. He also added that virtual currencies are not backed by assets or a central bank which means they do not have intrinsic value.

In 2016, SBP issued a statement stating that all banks cannot offer their services to use cryptocurrencies as a payment system and reserve bank cannot allow anyone or any company to set up businesses related to virtual currencies due to its lack of intrinsic value and security risks involved with them.

The SBP has said in the past that they are studying how they can regulate the cryptocurrency market to prevent money laundering where criminals will be able to hide their finances through cryptocurrency transactions. However, since then it seems there has been no action towards regulating this market yet.

Types Of Trading In Pakistan

When looking for a broker to trade CFDs or Forex through, be careful to go be a reputed, well-regulated broker that receives high praise from its clients. Brokers online usually offer several types of trading account to their clients (as insinuated above), including:

CFD Trading

Conducting transactions in derivatives popularly known as CFDs (or contracts for difference) lets traders make speculations on the future price movements of their underlying assets. Such assets usually involve commodities, stocks, currency pairs, stock indexes or other types of financial tools.

Forex (Foreign Exchange) Trading

Foreign exchange trading involves exchanging one particular currency for another. Exchange rates are susceptible to fluctuations as the value of a currency goes up or down with another given currency pair. Forex trading gained more traction once online trading became prevalent in recent years. The Forex market is known to be the most prominent fiscal market internationally, with the most liquidity. In April 2016, the Forex market exhibited turnover of 5.1 trillion daily, based on data gathered by the BIS (or the Bank for International Settlements).

Islamic Accounts

Islamic or Shari’a-based accounts are most suitable for traders and investors wishing to trade using accounts conforming to Shari’a law. These accounts remove the involvement of Riba (usury), which is considered Haram under Shari’a law.

Demo Accounts

Demo accounts are accounts that use virtual money that is not real. These accounts are used by newbie traders who either seek to practice trading, try a trading strategy, or evaluate a potential broker’s platform and services. Such accounts simulate an actual trading environment, helping new traders build confidence in their strategies.

What To Know Before Starting

Before you begin, it is crucial to know that the Pakistan Stock Exchange (or PSE) as well as other financial institutions like stockbrokers are regulated by the SECP (or the Securities and Exchange Commission of Pakistan). Aside from regulating the Pakistani business sector and financial markets, the regulatory body also regulates credit rating organizations, stockbrokers, insurance firms, surveyors, private retirement schemes, and financial corporations not associated with banking.

If you are a Pakistani citizen, then you most likely have a financed Pakistani bank account as well as the appropriate identification papers to verify your national identity and set up a brokerage account. If you do not reside in Pakistan and aim to invest in the Pakistani stock market, you will be required to abide by specific further requirements.

By complying with several preset requirements, non-nationals, in addition to NRFs (or non-resident foreign nationals) and NRPs (or non-resident Pakistani nationals), are allowed to invest in Pakistani stocks. FIIs (or foreign institutional investors) may also do the same by following said requirements. To be able to deal in Pakistani stocks, all NRFs, NRPs, and FIIs must set up an account with a bank that offers custodial services.

Custodial bank accounts consist of two types of accounts. They include a linked securities accounts for holding the purchased stocks and a Special Convertible Rupee account that holds funds at the trader’s chosen bank. Traders must also set up a deposit account with the State Bank of Pakistan as well as the CDC (or the Central Depository Company. These will allow them to hold treasuries and securities.

In addition to all this, traders must also set up another account at a custodian bank to obtain a UIN (or unique market identifier number). The UIN is used for identification in the stock market. Before opening an account with a stockbroker in Pakistan, NRFs, FIIs, and NRPs must set up all the mentioned accounts at custodian banks. They must also offer their bank information and identification, among other things.

The Pakistani Stock Exchange facilitates trades in stocks, derivates, allowance products, ETFs (or exchange-traded funds) and Islamic. The transactions are majorly conducted in Pakistani rupees. All trades and orders are recorded in the stock exchange’s electronic trading systems referred to as BATS (the Bonds Automated Trading System), KITS (the Karachi Internet Trading System), and KATS (the Karachi Automated Trading System).

In terms of their functions, the KATS enables trading for stockbrokers, the KITs facilitates online trading, and the BATS offers a trading platform for government and corporate bonds.

What To Look For In A Pakistani Broker Account

Before you proceed to open an account to trade Pakistani stocks, you must consider the following factors. The factors include:

Exchange Membership And Regulation

Brokers dealing on the PSX are required to hold a TREC (or Trading Right Entitlement Certificate) provided by the PSX that allows the broker to conduct trades on the stock exchange. All financial corporations, stockbrokers included, need to be governed by the PSEC.

Trading Platform

All brokers must offer online trading platforms for traders to place their orders on the PMEX, PSX, or other similar exchanges. The platform should be easy to navigate and use. Most platforms offer tech analysis tools such as indicators and price charts, along with news feeds.

Research

Full-service online brokers offer access to market research as well as other useful information that investors and traders can use.

Commission Charges And Other Fees

Traders planning to trade actively will most likely need brokers with lower per-trade fees and commissions because these charges tend to eventually add up. Less active traders can also take advantage of lowered costs.

Customer Support

A broker with good customer support will try their best to answer any queries about your user account and help resolve your problems for you. Traders can contact their chosen Pakistani stockbrokers via phone call and email.

Pakistan Trading Opportunities

It has been revealed that Pakistan has a favourable geographical location, and it is also the second-greatest South Asian economy. This can lead to numerous trading opportunities.

Global trade holds a lot of significance in Pakistan as an attestor to the South Asia Free Trade Agreement. The World Bank has reported that the exports and imports of products and services in Pakistan equated to around 25 percent of GDP as of 2017.

Pakistan also has a constantly-evolving finance services sector that provides services to Muslims by facilitating Shari’a law-based investment accounts and products.

Additionally, the US and China are two of the country’s largest trading partners. Hence any type of pressure in the trading relationship between these two neighbouring countries e.g., a trade war, could lead to opportunities for Pakistan’s economy. That is because the US imports goods from Pakistan, and to dodge US tariffs, China transports manufacturing to Pakistan.

Pakistan was ranked by the World Bank twenty-sixth for safeguarding minority investors. The country also ranked fifty-third for insolvency resolution, which proves that its justice system does cater to investors.

Pakistan Trading Challenges

With Pakistan being a constant net importer despite having a trade-to-GDP ratio of approximately 25 percent as of 2017, the country’s economy may be affected by major trade agreement failures. The country’s economy is also vulnerable to skyrocketing oil prices. According to reports, Pakistan’s net growth forecast was also slashed by the World Bank at the beginning of 2019.

In terms of initiating a business, Pakistan ranked 130th compared to other nations, and ranked 136th for offering favourable business environments, according to the World Bank.

Pakistan came 112th as a place for acquiring credit, 142nd for cross-border trading, 173rd for tax-paying, and 156th for imposing contracts. Such low ranks suggest a relatively challenging business and finance environment.

Pakistan’s central bank sometimes tends to intervene in the Forex market with changes in interest rate in an attempt to stabilize the USD/PKR currency exchange rate. This type of intervention could lead to currency valuation changes, leading to Forex uncertainty for investors. Currency devaluation can also harm businesses seeking stable currency environments.

Pakistan Brokers Verdict

Although businesses and investors may find Pakistan to be a challenging country to run businesses in, there are still numerous opportunities present. Muslim traders may see Pakistan as a suitable environment to open Shari’a law-compliant accounts.

Keep in mind that not every broker offer the same asset classes, platform, and services, therefore, you must evaluate their offerings in detail. That will help you determine that they are the right broker for you.

Best Pakistan Brokers

We've collected thousands of datapoints and written a guide to help you find the best Pakistan Brokers for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best pakistan brokers below.

Trading in Pakistan

When trading in Pakistan you will need to know what your options with your Pakistan trading broker are.

We list below the trading account types available in Pakistan. If you are looking for brokers in Pakistan that are suitable for trading in the Forex, CFD's, Indices and ETFs, Cryptocurrencies (availability subject to regulation) or commodity markets; this Pakistan broker guide will explain the things you should check and be aware of before you invest.

Forex Trading in Pakistan

Forex trading is growing in popularity in Pakistan. The volume of Forex traded in Pakistan has increased year on year over the last five years.

Across the world $5.1 trillion USD in volume is traded every single day. This is a huge amount in comparison with other financial market sectors.

Advances in online technology, higher internet coverage in Pakistan and increased competition among brokerages have made Forex trading more accessible and reduced the costs of trading generally.

Is Forex Trading Legal in Pakistan?

Their is a misconception that trading Forex on the financial market in Pakistan is considered unsafe. This is not the case, Forex trading in Pakistan is very active.

Trading in Forex is allowed in Pakistan as to conduct business currency must be exchanged. Forex is an integral part of import and export and investing internationally. The important thing is that when trading Forex you pick a safe and reputable broker that is regulated. Pakistan Forex trading is not banned, their are many international online brokers offering favourable trading conditions.

Do Forex Traders Pay Tax in Pakistan?

Once a traders profits reach a level where the income on the Forex trading can be taxed in Pakistan the trader should make sure all taxes owed for a financial year are paid. Pakistan taxes should be filed even if there were losses on the year. If Trading losses cannot be claimed against personal income taxes. A trader should file them with the proper government agency in Pakistan. You should seek advice with a Pakistan tax professional to ensure they are abiding by all proper tax laws in Pakistan. In Pakistan Islamic accounts do not have additional restrictions on trades.

Cryptocurrencies in Pakistan

Cryptocurrency markets in Pakistan are relatively new and their availability are subject to local financial regulation. Because Cryptocurrency works on decentralised assets in Pakistan things like interest rate changes and political instability do not affect cryptocurrencies as much as the currency markets in Pakistan for example.

Due to a large young population in Pakistan with growing income levels and wide spread adaptation of online technology cryptocurrency trading volume is increasing greatly in Pakistan. $6 billion USD worth of Bitcoin is traded daily around the world.

Commodity Trading in Pakistan

In Pakistan commodity trading includes the trade in precious metals, energies and agricultural commodities.

Some commodities like metals are seeing exponential growth in Pakistan since 2002.

Fast growing countries like China and India have been growing rapidly over the last 3 decades. This has meant that countries like China and India have a vast requirement for many basic commodities and raw materials for their populations. Crops to feed people and metal to build infrastructure for example. This means countries like Pakistan are able to take advantage of this demand.

We list brokers that allow you to trade commodities in Pakistan here.

Islamic Accounts in Pakistan

Pakistan brokers support Islamic accounts or swap-free accounts. Pakistan Islamic accounts have no rollover interest on overnight positions to comply the Muslim faith. Traders of Islamic faith are forbidden to pay interest. Brokers in Pakistan offer accounts that are suitable for Islamic traders. These Pakistan brokers complies with Sharia law.

Benefits of Trading in Pakistan

Pakistan economy and population is growing. The middle class population in Pakistan is increasing which means a growing consumer base. Many business and financial opportunities exist in Pakistan. Pakistan has a young population educated in technology and the internet.

Concerns of Trading in Pakistan

Pakistan digitisation of financial trading has made it easier to defraud unsuspecting investors across the internet. Make sure the broker you trade with is regulated and passes the checklist in this Pakistan guide. Educate yourself as much as possible open a demo account if necessary be you open a live trading account.

Learn about leverage when trading. Pakistan Brokers offering high leverage trades in Pakistan can mean high profit margins. But this goes both was it can also mean huge losses. There are things like negative balance protection and stop loss accounts which some Pakistan brokers offer as a level of protection. you can learn more about further below on this guide.

Reputable Pakistan Brokers Checklist

There are a number of important factors to consider when picking an online Pakistan trading brokerage.

It is not essential that your brokerage is local but they must have regulation from a Tier 1 reputable country. In fact the brokers international regulation could be more reputable than your local region.

When deciding to trade and find a suitable Pakistan broker if you wish your broker to be 100% local check they are governed and regulated by the below.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Pakistan Brokers.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Pakistan Brokers of 2022 compared

Here are the top Pakistan Brokers (PK).

Compare Pakistan Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are pakistan brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more pakistan brokers that accept pakistan clients

Broker IC Markets Roboforex AvaTrade XM Pepperstone FP Markets Trading212 NordFX Plus500 EasyMarkets FXPro
Rating
locality IC Markets accept Pakistan clients Roboforex accept Pakistan clients AvaTrade accept Pakistan clients XM accept Pakistan clients Pepperstone accept Pakistan clients FP Markets accept Pakistan clients Trading 212 accept Pakistan clients NordFX accept Pakistan clients Plus500 accept Pakistan clients easyMarkets accept Pakistan clients FxPro accept Pakistan clients
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
Min Deposit 200 1 100 5 200 100 1 1 100 100 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 180,000+ 10,000+ 300,000+ 3,500,000+ 89,000+ 10,000+ 15,000,000+ 10,000+ 15,500+ 142,500+ 1,866,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Low min deposit
  • Guaranteed stop loss
  • Advanced Risk Management Tools
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Islamic account
Platforms MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
icmarkets
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roboforex
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avatrade
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xm
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pepperstone
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fpmarkets
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trading212
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nordfx
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plus500
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easymarkets
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fxpro
Risk Warning Losses can exceed deposits Losses can exceed deposits 71% of retail investor accounts lose money when trading CFDs with this provider CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89 % of retail investor accounts lose money when trading CFDs Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Your capital is at risk 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
Demo IC Markets
Demo
Roboforex
Demo
AvaTrade
Demo
XM
Demo
Pepperstone
Demo
FP Markets
Demo
Trading 212
Demo
NordFX
Demo
Plus500
Demo
easyMarkets
Demo
FxPro
Demo
Excluded Countries AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA US, JP BE, BR, KP, NZ, TR, US, CA, SG US, CA, IL, KR, IR, MM, CU, SD, SY AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, YE, ZW US, JP, NZ US, CA US, CA, EU, RU, SY, KP, CU MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, CA, IR


All Pakistan brokers in more detail

You can compare Pakistan Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Pakistan Brokers for 2022 article further below. You can see it now by clicking here

We have listed top Pakistan brokers below.

Pakistan Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Zero account VIP account
Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. 74-89 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 15000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading 212 offers Stocks, Forex, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs.


Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
FXPro
(3/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)

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Losses can exceed deposits
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Losses can exceed deposits