1,062 broker-country pairs measured448 brokers20 countriesformula v1.0recalculated 2026-07-09data re-captured 2026-07-09updated 1 day agoAffiliate links never change scores.

OctaFX in PK — review, licence and costs

ASAyesha Siddiqui author DMDaniel Mercer editor BQBilal Qureshi fact-checker score recalculated 01.10.2026

noAccepts residents of PakistanOpened by OctaFX (Pakistan) (Pvt.) Ltd., SECP licence no data, register checked 2026-07-09

Key facts (26 of 62 fields)

Onboarding entity: Octa Markets Ltd
Founded: 2011
Min deposit: no data USDPK
Retail leverage: no dataPK
Round turn: 16 USDPK
Withdrawal: no data hPK
Currencies: USD/EUR; no PKR account verified.
Swap-free account: yes

Licence check (26 of 62 of 62 entity)

SECP · Securities broker licence

no data

Active on registerchecked 2026-07-09https://sbp.org.pk

Open an account with Halden

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://sbp.org.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

Local entityUsed for Pakistani residents

OctaFX (Pakistan) (Pvt.) Ltd., SECP SECP/LRD/104
Retail leverage 1:50PK
Negative balance protection: yes

Offshore entityNot used for Pakistani residents

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.

Local entity · onboards youLocal entitylocal · SECP licence no data

1:750PK

Pakistan median, local entities: 1:50 · 18 of 20 statedApplies to you

Local entity · onboards youOffshore entityoffshore · SECP licence no data

1:1000PK

Pakistan median, local entities: 1:50 · 18 of 20 statedApplies to you

Scale from 1:10 to 1:3000, logarithmic.

Client protection (26 of 62 of 62 stated)

Local entity onboards youILLEGAL locally. State Bank of Pakistan (SBP) advisory names OctaFX among prohibited illegal offshore FX platforms; SECP/PTA warnings on unlicensed brokers.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)

Round turn, 1 lot EURUSD, spread plus commission, USD

Halden Raw6.20

Pakistan median, raw and swap-free9.20

Halden Standard11.40

Pakistan median, standard (26 of 62 priced)13.90

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 banklocal
Deposit
instant
Withdrawal
deposit only
Fee
no data
e-wallet historically; verify at signuplocal
Deposit
instant
Withdrawal
deposit only
Fee
no data

Account currency: USD/EUR; no PKR account verified.
Fastest withdrawal: no data h PK
Fee declared: 4 of 6 methods
Withdrawal back to: the funding method

Where it does not serve(26 of 62 countries)

Russia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, GuamRussia, Cyprus, Belarus, Kazakhstan, Ukraine, Puerto Rico, United States, U.S. Virgin Islands, U.S. Outlying Islands, American Samoa, Northern Mariana Islands, Guam

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: OctaTrader, MT4, MT5
cTrader: OctaTrader, MT4, MT5
Web terminal: OctaTrader, MT4, MT5
Mobile app: OctaTrader, MT4, MT5
Copy trading: OctaTrader, MT4, MT5
TradingView: OctaTrader, MT4, MT5

Class	Count	Min spread	Leverage

Reviews(26 of 62 platform · 25% of the score)

4.2/ 5

Trustpilot rating

1,384

reviews

28.09

snapshot, 2026

5 star64%

4 star14%

3 star6%

2 star4%

1 star12%

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)

Withdrawal delays41 · 25%

Verification (KYC)33 · 20%

Slippage22 · 13%

Support response19 · 11%

Other51 · 31%

Pros and cons(26 of 62 + 5, each tied to a figure above)

For

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

Against

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)

2<6.5

26.5–7.5

27.5–8.5

38.5–9.5

39.5–10.5

110.5–11.5

4≥11.5

Highlighted: Halden Raw at 6.20

Minimum deposit, USD (26 of 62 of 62 priced)

9<25

925–99

10100

3101–299

4≥300

Highlighted: Halden at 100 · Pakistan median 50

Retail leverage (26 of 62 of 62 with a Pakistan figure)

11≤1:30

71:50

51:51–200

61:201–400

10>1:400

1 group-only figure excluded · 4 no data

Withdrawal time published (26 of 62 brokers)

Published, hours6No data38Halden is one of the 6

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.

Verified · What changed · Sources(26 of 62 sources · 4 changes)

Verified01.10.2026

next review 01.01.2027

What changed

Sources · precision