Forex brokers in Pakistan ranked

Forex trading is both legal and regulated in Pakistan, drawing significant interest from local citizens. The Securities and Exchange Commission of Pakistan (SECP) oversees Pakistan Forex brokers and financial services. In 2022, Pakistan's total nominal GDP reached $376 billion, positioning it 42nd in the global rankings. Given Pakistan's per capita GDP of $1,658 (ranking 177th), Forex trading holds potential as an avenue for local traders to supplement their income. Here is a list of the best Forex brokers in Pakistan, prioritizing trader security and offering cost-effective trading conditions.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.54
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
9.36
AvaTrade read review
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.18
RoboForex read review
MT4MT5cTraderDeposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
FSC Belize
Platforms
MT4, MT5, cTrader +1 more
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
8.82
Fortrade read review
MT4No deposit bonusCopy tradingPAMMSignals
Regulations
ASIC, CySEC, FCA UK +2 more
Platforms
MT4, Custom
8.64
Pepperstone read review
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
8.28
MT4MT5Copy tradingHigh leveragePAMM
Regulations
CIMA, CySEC, FCA UK
Platforms
MT4, MT5
8.10
easyMarkets read review
MT4MT5Copy tradingHigh leverage
Regulations
ASIC, CySEC, FSA Seychelles +1 more
Platforms
MT4, MT5, TradingView +1 more
Pakistan's capital gains tax stands at 12.5%, but Forex trading profits remain untaxed, providing a favorable environment for local traders. Significant enhancements in internet connectivity and electricity have enabled seamless access to global financial markets from within the country, eliminating interruptions or delays. However, trusted Forex brokers in Pakistan are subject to a maximum leverage of 1:10 for major currency pairs due to stringent SECP regulations on FX leverage. While the rationale behind imposing a limit on leverage for retail FX traders is prudent, a 1:10 ratio poses challenges, demanding substantial trader capital to sustain a livelihood in financial markets. In the event of broker insolvency, eligible investors in Pakistan stand to receive compensation of up to PKR 1.5 million per investor, per brokerage house. In conclusion, Pakistani traders are well-shielded against market risks when engaging in Forex trading within the country.

FAQs about Pakistan