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 institutions 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!

Broker Features Regulator Platforms Next Step
Number One Broker ForexTime Logo Founded: 2011

- Over 400k Account Registered
- More than 250 Trading Instruments
- MT4, MT5 and Web Trader Platforms
- Full ECN Trading Model


CySEC, FSB, IFSC MT4 & MT5 for PC, Mac, iPhone/ iPad, Android. FXTM WebTrader (MT4)
AvaTrade Logo Founded: 2006

- Active 10+ years
- 40% New Member Bonus
- Very well regulated


ASIC, FSA, FSB, MiFID MetaTrader4, Sirix, AvaOptions, AvaTrader, Mirror Trader
eToro Logo Founded: 2007

- Social Trading Platform
- 24/5 Customer Support
- Beginner Friendly


CySEC, FCA eToro OpenBook, eToro WebTrader, eToro Mobile Trader
easyMarkets logo Founded: 2001

- 50% FTD Bonus! (non EU Traders only)
- Active since 2001
- 300+ markets can be traded


ASIC, CySEC MT4, Web platform & Easy-forex on mobile
Markets.com logo Founded: 2008

- $25 no deposit offer(t&c apply)
- Beginner friendly
- Leverage 1:300


CySEC, FSB Markets.com Platform
City Index Logo Founded: 1983

- Well established
- Beginner friendly
- Free Webinars


ASIC, FCA, MAS Advantage Web, AT Pro, MT4
HotForex Logo Founded: 2008

100% FTD Bonus
Social Trading Features
Available in 25 languages


CySEC, FSA MT4
Oanda Logo Founded: 1996

- No Minimum Deposit
- Very well established
- 24/5 Customer Support


ASIC, CFTC, FCA, FFAJ, FSA, IIROC, KLFB, MAS, NFA fxTrade, MT4
FXPrimus Logo Founded: 1999

- 24/5 Customer support
- Well established
- Well regulated


CySEC MT4
FXGlobe Logo Founded: 2013

- No dealing desk executions
- Account management for traders on varying experience levels


CySEC, MiFID MT4, FXGlobe Web Trader
OctaFX Logo Founded: 2011

- Up to 1:500 leverage with micro-lots (0.01 size) available for everyone
- Scalping, hedging, trading on the news, and EAs are permitted.


FCA MT4 and cTrader

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