Forex Broker Pakistan

How to Find a Forex Broker in Pakistan

In Pakistan, commodities and retail currency trading is regulated and overseen by the Securities and Exchange Commission of Pakistan. Located in Islamabad, SEC of Pakistan is responsible for not only the oversight of the exchange-based trading of securities and futures, but it also serves as the main regulatory body of the banking system, insurance industry, REITS, mortgage providers, and many other financial insituations active in the country. Pakistan, like its neighbor India, is not the most popular regional center for retail forex brokers, and retail forex services are provided by internationally active companies. Still, frauds by local "brokers" is not uncommon, and the SECP is constantly taking new action to curtail their activities.

Trading forex requires a degree of commitment from the trader, but before that stage, you need to find a reliable broker. In today`s world, where sharks don`t even need to camouflage themselves, it is not difficult to get swallowed whole if you don`t take the necessary precautions. To make the job easier for you, we have compiled a list of the competent and reputable brokers so that you won`t scratch your head puzzled at the complexity of sorting out the honest broker from the smooth-talking crook. So don`t miss your chance to check it out!

1
Regulator: CySEC
Leverage: 200:1
Min. Deposit: $100
Spread: 1.5 pips*
$2,000
Max. First
Deposit Bonus
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2
Regulator: ASIC/ FSA
Leverage: 500:1
Min. Deposit: $100
Spread: ECN 1.5 pips
$2,500
Max. First
Deposit Bonus
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3
Regulator: CySEC
Leverage: 200:1
Min. Deposit: $100
Spread: 3 pips
$2,000
Max. First
Deposit Bonus
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4
Regulator: CySEC
Leverage: 500:1
Min. Deposit: $1
Spread: 1.9 pips
$2,000
Max First
Time Deposit Bonus
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5
Regulator: MIFID & ASIC
Leverage: 400:1
Min. Deposit: $100
Spread: Fixed Spread- 3 pips
High Bonuses
FREE
Webinars & Signals
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6
Regulator: CySEC
Leverage: up to 1:500
Min. Deposit: $200
Spread: < 1 pip on some majors
$200
Min. Deposit

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7
Regulator: IFSC
Leverage: 400:1
Min. Deposit: $2000
Spread: 1 pip
10% welcome bonus


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8
Regulator: NFA
Leverage: 50:1
Min. Deposit: $250
Spread: 1 pip*
Free
Live Sessions
with Expert
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- LEVERAGE: Controls the equity you need to take a margin position. E.g. 50:1 leverage means you can take a $5,000 trade with just $100 in your account. Note that a high degree of leverage can work against you as well as for you.
- Leverage over 50:1 for majors and 20:1 for minors is not available to traders in the U.S.
- As indicated in the list, only NFA regulated brokers are available to U.S. customers.
* Broker offers variable spreads which means that the spreads are subject to current market conditions.