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Risk·77–82% of retail CFD accounts lose money. Trade only with capital you can afford to lose.
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Stockbrokers2026

Brokers by Country · PK

Stock Brokers in Pakistan, 2026

Tracked byUpdated

Pakistan's Securities and Exchange Commission (SECP) regulates capital markets and licensed local brokerages — Arif Habib, AKD Securities, Topline Securities, JS Global — that provide access to PSX-listed equities. SECP does NOT licence retail OTC FX/CFD providers; the State Bank of Pakistan (SBP) treats unauthorised retail forex with offshore counterparties as a foreign-exchange violation under the Foreign Exchange Regulation Act 1947. International brokers (Exness, FBS, XM, OctaFX) onboard Pakistani residents through offshore entities, accessed primarily via USDT/crypto rails.

4 / 4 brokers accept Pakistan

stock

  1. Editorial top pick

    01Deriv

    BVIMFSA
    Open account at Deriv →
    Avg spread
    0.70pip
    editorial estimate
    Cost / lot
    $7.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000

    $5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill

    Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product category
    PlatformsMetaTrader 5, Deriv X

    Founded in 1999 · Verified Jun 1, 2026

    Full Deriv details →

  2. 02XM Group

    ASICCySECIFSC
    Open account at XM Group →
    Avg spread
    1.30pip
    midpoint of broker range
    Cost / lot
    $13.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000

    $5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list

    Fits ifYou want the lowest-friction entry in our list — $5 minimum deposit
    PlatformsMetaTrader 4, MetaTrader 5, Web Trader

    Founded in 2009 · Verified Jun 1, 2026

    Full XM Group details →

  3. 03Libertex

    SVG FSA
    Open account at Libertex →
    Avg spread
    0.50pip
    midpoint of broker range
    Cost / lot
    $5.00
    no commission
    Min deposit
    $10
    Max leverage
    1:999
    Libertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.

    $10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight

    Fits ifYou have $10 to start — one of the lowest entry minimums in our list
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform

    Founded in 1997 · Verified Jun 1, 2026

    Full Libertex details →

  4. 04RoboForex

    IFSC
    Open account at RoboForex →
    Avg spread
    0.20pip
    broker-published typical
    Cost / lot
    $6.00
    incl. $4 commission
    Min deposit
    $10
    Max leverage
    1:500
    IFSC Belize offshore only — ECN tier; separate Pro account reaches 1:2000

    ECN account: 0.2 typical + $4 round-turn ≈ $6/lot — among cheapest commission tiers in our list · IFSC Belize only — no tier-1 regulator, no FSCS-equivalent protection

    Fits ifYou're in a non-restricted, non-EU-focused jurisdiction and want ECN-style $6/lot pricing at a $10 entry minimum
    PlatformsMetaTrader 4, MetaTrader 5, R Stocks Trader

    Founded in 2009 · Verified Jun 1, 2026

    Full RoboForex details →

Country context

Regulator
SECP · Securities and Exchange Commission of Pakistan — supervises capital markets; SBP (State Bank of Pakistan) controls FX and treats unauthorised retail forex as a foreign-exchange violation
Currency
PKR
Payment methods
Bank transferEasypaisaJazzCashVisaMastercard
Tax

Personal income tax for Pakistani residents is progressive up to 35%. Capital gains on PSX equities are taxed at 12.5% for holdings under four years (graduated by holding period). Offshore broker profits are taxable as 'other sources' income; the FBR (Federal Board of Revenue) focuses enforcement on declared remittance flows above PKR 5 million through banking channels.

Retail trading rules

SBP foreign-exchange regulations restrict retail outbound FX to authorised channels; the Roshan Digital Account exists for non-resident inward flows but not outbound speculative trading. The FIA (Federal Investigation Agency) has prosecuted individuals for unauthorised forex transactions, though enforcement is selective. USDT funding via P2P (Binance, Bybit) is the primary retail workaround given banking-channel restrictions on broker funding.

Frequently asked

Which brokers accept residents of Pakistan?+

4 of 4 brokers in our ranking accept Pakistan: Deriv, XM Group, Libertex, RoboForex.

Who regulates brokers for Pakistan?+

Primary regulator: SECP — Securities and Exchange Commission of Pakistan — supervises capital markets; SBP (State Bank of Pakistan) controls FX and treats unauthorised retail forex as a foreign-exchange violation.

What payment methods are available?+

Common methods: Bank transfer, Easypaisa, JazzCash, Visa, Mastercard.

What are the tax rules for trading in Pakistan?+

Personal income tax for Pakistani residents is progressive up to 35%. Capital gains on PSX equities are taxed at 12.5% for holdings under four years (graduated by holding period). Offshore broker profits are taxable as 'other sources' income; the FBR (Federal Board of Revenue) focuses enforcement on declared remittance flows above PKR 5 million through banking channels.

Scope of coverage

Brokers tracked
14
Regulators indexed
55
Regulator actions logged
2
Latest pricing verification
Jun 1, 2026

Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.