Mitrade in PK — review, licence and costs
Key facts (26 of 62 fields)
- Onboarding entity
- Mitrade Holding Ltd
- Founded
- 2011
- Min deposit
- no data USDPK
- Retail leverage
- 200PK
- Round turn
- no data USDPK
- Withdrawal
- within 24 hours hPK
- Currencies
- USD, AUD, EUR; no PKR account.
- Swap-free account
- no
Licence check (26 of 62 of 62 entity)
Affiliate link; the score does not change. CFDs carry a high risk of rapid loss due to leverage.
Taxes for a Pakistani resident(26 of 62 rules · as of 10.2026)
- Forex/derivatives trading profit for residents is generally taxed as income;https://secp.gov.pkdomain
Not tax advice. Check with the Federal Board of Revenue.
Who actually onboards you(26 of 62 local and 1 offshore entity in the group)
- Sign-up from a Pakistan addressRouted to Pakistan (Pvt.) Ltd. by residence, not by IP.
- KYC by Pakistan (Pvt.) Ltd.CNIC and proof of address.
- Contract with the (Pvt.) Ltd.SECP rules apply; complaints go to SECP.
- Client moneySegregated with a Pakistan bank; bank name no data
- Mitrade (Pakistan) (Pvt.) Ltd., SECP SECP/LRD/104
- Retail leverage 1:50PK
- Negative balance protection: yes
- Halden Global Ltd, FSA Seychelles
- Leverage 1:1000group
- No SECP complaints route
If the sign-up form ever lands you on the Seychelles entity, the SECP licence above does not cover your account.
Leverage by entity (26 of 62 of 62 entities stated)
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Pakistani residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection (26 of 62 of 62 stated)
- Local entity onboards youNot SECP-regulated; SBP currency controls and regulatory gray area make offshore CFD trading legally uncertain.client agreement §4.2 · page
- Segregated client fundsno dataclient agreement §4.2 · page
- Negative balance protectionno dataclient agreement §4.2 · page
- Investor compensation schemeno dataclient agreement §4.2 · page
- Regulator warning on filenone foundclient agreement §4.2 · page
“no data” means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against Pakistan market median(priced from 26 of 62 of 62)
| Instrument | Halden Raw, USD | Halden Std, USD | Pakistan median raw | Pakistan median std | Priced |
|---|---|---|---|---|---|
| EURUSD | 6.20 | 11.40 | 9.20 | 13.90 | 17 / 30 |
| EURUSD | 6.20 | 11.40 | 9.20 | 13.90 | 17 / 30 |
| EURUSD | 6.20 | 11.40 | 9.20 | 13.90 | 17 / 30 |
| EURUSD | 6.20 | 11.40 | 9.20 | 13.90 | 17 / 30 |
| EURUSD | 6.20 | 11.40 | 9.20 | 13.90 | 17 / 30 |
| EURUSD | 6.20 | 11.40 | 9.20 | 13.90 | 17 / 30 |
Medians run over the brokers that publish a Pakistan price, never over all 44. Group-wide prices are excluded.
Accounts(26 of 62 types)
| Account | Min deposit, USD | EURUSD spread, pips | Commission, USD | Leverage | Swap | Currencies |
|---|
Swap-free account terms (26 of 62 terms · 5 stated)
| Term | Halden, Pakistan |
|---|
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Payouts(26 of 62 of 62 methods timed)
| Method | Deposit, h | Withdrawal, h | Fee, USD | Min, USD |
|---|
Deposit and withdrawal methods (26 of 62 methods · 2 local)
- Local PKR rails not verified; SBP restrictions complicate fulocal
- Deposit
- instant
- Withdrawal
- deposit only
- Fee
- no data
- Account currency
- USD, AUD, EUR; no PKR account.
- Fastest withdrawal
- within 24 hours h PK
- Fee declared
- 4 of 6 methods
- Withdrawal back to
- the funding method
Where it does not serve(26 of 62 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(26 of 62 of 62 platforms confirmed · 6 asset classes)
- MT5
- Proprietary Mitrade app/web
- cTrader
- Proprietary Mitrade app/web
- Web terminal
- Proprietary Mitrade app/web
- Mobile app
- Proprietary Mitrade app/web
- Copy trading
- Proprietary Mitrade app/web
- TradingView
- Proprietary Mitrade app/web
| Class | Count | Min spread | Leverage |
|---|
Reviews(26 of 62 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|
Share of reviewers in Pakistan: no data The platform does not publish it.
Topics in 1-star reviews (26 of 62 reviews, snapshot 28.09.2026)
Pros and cons(26 of 62 + 5, each tied to a figure above)
- Raw round turn 6.20 USD vs Pakistan median 9.20
- SECP licence SECP/LRD/104, active on 01.10.2026
- PKR account; bank withdrawal 24 h, fee 0
- Swap-free with no admin fee; ranked #1 of 30
- One of 6 of 44 brokers that publish a withdrawal time
- Payouts axis 58 of 100, the lowest of six
- Min deposit 100 USD vs 10 at Tidemark
- E-wallet withdrawal time and fee not published
- Group site advertises 1:1000, unavailable to Pakistani residents
- Gold round turn 9.80 USD; 3 brokers price it lower
Where Halden sits in the Pakistan base(26 of 62 brokers)
Round-turn cost, USD (26 of 62 of 62 priced)
Highlighted: Halden Raw at 6.20
Minimum deposit, USD (26 of 62 of 62 priced)
Highlighted: Halden at 100 · Pakistan median 50
Retail leverage (26 of 62 of 62 with a Pakistan figure)
1 group-only figure excluded · 4 no data
Withdrawal time published (26 of 62 brokers)
Alternatives in Pakistan(26 of 62 of 62)
Methodology(26 of 62 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Pakistan score. Full methodology
| Axis | Weight | What is measured | Halden |
|---|
FAQ(26 of 62 questions)
Cost calculator (26 of 62 accounts · median of 62 priced)
EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a PKR conversion because the exchange rate is not part of our data.