Forex brokers in Pakistan ranked

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.