Visit FxProA local licence or an offshore one: the difference
A broker can take clients in Pakistan in two ways: through a company licensed by the SBP here, or through a company licensed somewhere else. Both happen, and the second is not the same as being unregulated.
What changes is where you stand if something goes wrong. A locally licensed entity is answerable to the SBP and to the complaint route that comes with it; an offshore entity is answerable to its own regulator, in its own jurisdiction, under its own compensation rules - which may be generous, limited, or absent.
The ten below hold a local licence. The brokers that do not are not hidden: they have their own page, because the question a reader asks is usually about one named firm.
Licensed in Pakistan, or not (61 of 62)
Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.
Key facts (20 of 62 counts · 58 brokers onboarding Pakistani residents)
Top 3
A local licence or an offshore one: the difference (20 of 62)
| # | Broker | Min deposit, USDPK | Withdrawal, hPK | Score | Founded | Funding |
|---|---|---|---|---|---|---|
| 1 | — | — | 3.91 | — | 3 methods · local | |
| 2 | — | 24 | 3.58 | 2000 | 2 methods · local | |
| 3 | — | — | 3.51 | 2013 | 2 methods · local | |
| 4 | — | — | 3.45 | 2000 | 3 methods · local | |
| 5 | — | — | 3.29 | 2000 | 2 methods · local | |
| 6 | — | — | — | 1947 | 2 methods · local | |
| 7 | 5000 PKR | — | — | 1999 | 3 methods · local | |
| 8 | — | — | — | 2004 | 2 methods · local | |
| 9 | — | 72 | — | 2004 | 2 methods · local | |
| 10 | — | — | — | 1992 | 2 methods · local | |
| 11 | — | — | — | 1994 | 2 methods · local | |
| 12 | — | 48 | — | 1994 | 2 methods · local | |
| 13 | — | — | — | 2009 | 2 methods · local | |
| 14 | — | 0 | — | 1990 | 2 methods · local | |
| 15 | — | — | — | 2001 | 2 methods · local | |
| 16 | — | — | — | 1994 | 2 methods · local | |
| 17 | — | — | — | 2005 | 2 methods · local | |
| 18 | — | — | — | 1999 | 2 methods · local | |
| 19 | — | 24 | — | 2004 | 2 methods · local | |
| 20 | — | — | — | 2002 | 2 methods · local |
The ten above illustrate the term. SBP-regulated brokers in Pakistan lists every broker that qualifies, with the figure each one publishes.
Identical for every row, so it is stated once: Who onboards Local · SECP · Swap-free fee none, no limit · PKR account Yes · Execution —.
What the data shows(20 of 62 distributions · 58 brokers)
Swap-free availability (20 of 62 brokers)
Admin fee after the free period (20 of 62 swap-free)
Who onboards Pakistani residents (20 of 62 brokers)
PKR account (20 of 62 brokers)
Who grants the leverage figure (36 of 62)
Full list(20 of 62)
- 1Finqalab3.91
- Onboards
- Local · SECP
- Swap-free
- none, no limit
- PKR
- Yes
- 2Pearl Securities3.58
- Onboards
- Local · SECP
- Swap-free
- none, no limit
- PKR
- Yes
- 3KTrade3.51
- Onboards
- Local · SECP
- Swap-free
- none, no limit
- PKR
- Yes
- 4JS Global Capital3.45
- Onboards
- Local · SECP
- Swap-free
- none, no limit
- PKR
- Yes
- 5Darson Securities3.29
- Onboards
- Local · SECP
- Swap-free
- none, no limit
- PKR
- Yes
How to read the ten below
- Start with the figure this page ranks on.
Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.
- Check which company would onboard you.
The same brand can take a resident of Pakistan through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.
- Read the cost beside the deposit.
The median round turn across this country is 7.0 USD and the median minimum deposit 5.0 USD; a low deposit beside a wide spread takes the difference back on every trade.
Neighbouring slices(6 rankings · 5 explainers)
FAQ
- How many brokers qualify for this ranking in Pakistan?
- 20 of 62 brokers measured for this country qualify.
- What does a trade typically cost here?
- The median round turn - spread plus commission for one standard lot, in and out - is 7.0 USD across the brokers that publish both parts.
- Why do some rows show a dash instead of a figure?
- Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.
- Why are only ten brokers shown here?
- This page explains the term; the ten illustrate it. The full ranking lists 20 of 62 and is one click away.
How this slice is scored
Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology
Verified · What changed · Sources(20 of 62 broker records)
Risk warning and affiliate disclosure
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.