The ForexBrokers.com annual review is among the most cited in the industry. With over 60,000 words of research across the site, we spend hundreds of hours testing forex brokers each year. Industry leaders trust us because our rigorous testing is totally independent and 100% unbiased.
Trading forex (currencies) in Pakistan is popular among residents. While recommended, forex brokers are not required to become authorised by the Securities and Exchange Commission of Pakistan (SECP) to accept residents of Pakistan as customers.
The Securities and Exchange Board of Pakistan is the financial regulatory body in Pakistan. Website: https://www.secp.gov.pk. We recommend Pakistan residents also follow the SECP on Facebook: https://www.facebook.com/SECPPakistan.
The SECP was established in 1999 and is headquartered in Islamabad, Pakistan. For a historical breakdown, here's a link to the Securities and Exchange Board of Pakistan webpage on Wikipedia.
Best Forex Brokers Pakistan
To find the best forex broker in Pakistan, we created a list of all brokers that list Pakistan as a country they accept new customers from. We then ranked brokers by their Trust Score Ranking.
Here is our list of the best forex brokers in Pakistan.
- IG - Best Overall, Most Trusted
- Saxo Bank - Best Web Platform, Research
- City Index - Well-rounded Offering
- Swissquote - Best Banking Services
- Markets.com - 3.5 Stars
Pakistan Forex Brokers Comparison
|Forex Broker||Accepts PK Residents||Average Spread EUR/USD - Standard||Minimum Initial Deposit||Trust Score||Overall||Open Account|
How to Verify SECP Authorisation
During our research we were unable to locate a forex brokers directory on the SECP website. However, there are lists of other authorised financial service providers, such as futures advisors and commodity exchanges. If a forex list gets added it will likely appear here. For now, users can verify the authorisation status of a broker by completing a query on the SECP's website.
More Forex Guides
- Best Forex Brokers 2019
- Best Forex Brokers for Beginners
- Best Forex Brokers for Copy Trading
- Best MetaTrader Brokers
- Compare Forex Brokers
Forex Risk Disclaimer
"There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses." Learn more.