Visit FxPro58 brokers measured in Pakistanbroker data checked 27.08.2026
Written and checked by the Indus Review editorial team · how we score · base recalculated 13.10.2026
Recalculated 13.10.2026 · 58 brokers · 29 accounts
Forex and CFD brokers for residents of Pakistan, measured
By formula v1.0, FP Markets ranks first at 4.1: a 6.5 round turn, 100 minimum deposit. We measured 58 brokers and 29 accounts; 58 accept Pakistani residents, and 20 are authorised by the country's own regulator.
58of 62
onboarding residents
94% of 62
32of 58
scored on all six axes
55% of 58
36of 62
publish a price
58% of 62
34of 62
publish a leverage figure for this country
55% of 62
Compare all 58 brokers and 29 accounts (58 of 62 shown)
By score, formula v1.0. No row here is paid or promoted: the order is the formula's alone. · Cost, leverage and withdrawal apply to the entity that onboards Pakistani residents, not the group.
| 2.0–5.0 | USD · PK | USD · or as stated | Pakistan entity | hours | Execution | Founded | Funding | ||
|---|---|---|---|---|---|---|---|---|---|
| 1 | FP MarketsFP Markets LLC |
4.1 | 6.5per lot · std | 100advertised | 500retail · PK | 24measured | ECN/raw + standard | 2005 | 3 methods |
| 2 | HFMHF Markets (SV) Ltd |
4 | 6per lot · std | 5 groupadvertised | 2000retail · PK | 24measured | ECN/raw + standard | 2010 | 3 methods · local |
| 3 | LiteFinanceLiteFinance Global LLC |
3.94 | 5per lot · std | 50 groupadvertised | 1000retail · PK | 24measured | ECN/raw + standard | 2005 | 3 methods |
| 4 | BDSwissPakistani clients are onboarded under the offshore entity BDSwiss (Seychelles) Ltd (FSA) / BDS Markets (FSC Mauritius). |
3.93 | 5per lot · std | 10advertised | 2000retail · PK | 24measured | ECN/raw + standard | 2012 | 3 methods |
| 5 | AvaTradeAva Trade Markets Ltd |
3.93 | 9per lot · std | 100 groupadvertised | 400retail · PK | 24measured | Standard | 2006 | 4 methods |
| 6 | BlackBull MarketsBBG Limited |
3.92 | 6per lot · std | 0advertised | 500retail · PK | 72measured | ECN/raw + standard | 2014 | 5 methods |
| 7 | FBSFBS Markets Inc |
3.92 | 6per lot · std | 5 groupadvertised | 3000retail · PK | 24measured | ECN/raw + standard | 2009 | 3 methods · local |
| 8 | PepperstonePepperstone Markets Ltd |
3.91 | 8per lot · std | 10 groupadvertised | 200retail · PK | 24measured | ECN/raw + standard | 2010 | 5 methods |
| 9 | FinqalabNext Capital Limited |
3.91 | — | — | —stated, not verified | — | — | — | 3 methods · local |
| 10 | Fusion MarketsPakistani retail clients are onboarded under the offshore arms Gleneagle Securities Pty Limited (Vanuatu VFSC) and/or Fusion Markets International Ltd (Seychelles FSA). |
3.87 | 13.5per lot · std | 0advertised | 500retail · PK | 1measured | Standard | 2017 | 7 methods |
| 11 | ExinityExinity Limited |
3.85 | 4per lot · std | — | 2000retail · PK | 24measured | ECN/raw + standard | 2012 | — |
| 12 | AdmiralsAdmirals SC Ltd |
3.83 | 6per lot · std | 25advertised | 500retail · PK | 3measured | ECN/raw + standard | 2001 | 4 methods |
| 13 | Interactive BrokersIBKR LLC |
3.82 | 5per lot · std | 0advertised | 50retail · PK | 24measured | ECN/raw + standard | 1978 | 1 methods |
| 14 | OctaFXOcta Markets Ltd |
3.8 | 16per lot · std | 25 groupadvertised | 1000 groupretail · PK | 3measured | ECN/raw + standard | 2011 | 2 methods · local |
| 15 | Trade NationTrade Nation Ltd |
3.77 | 6per lot · std | 0advertised | 200retail · PK | 24measured | Standard | 2014 | 3 methods |
| 16 | AxiOnboarded to offshore AxiTrader LLC / AxiTrader Ltd (SVG). |
3.77 | 7per lot · std | 0 groupadvertised | 500retail · PK | 48measured | ECN/raw + standard | 2007 | 4 methods |
| 17 | JustMarketsJust Global Markets Ltd |
3.76 | 9per lot · std | 10 groupadvertised | 3000retail · PK | 0.02measured | Standard | 2012 | 3 methods |
| 18 | Moneta MarketsMoneta Markets Ltd |
3.74 | 7per lot · std | 50advertised | 1000retail · PK | 24measured | ECN/raw + standard | 2019 | 5 methods |
| 19 | VantagePakistani retail clients are onboarded by the offshore arm Vantage Global Limited (VFSC Vanuatu) / Vantage International Group Ltd (Cayman CIMA). |
3.69 | 6per lot · std | 50 groupadvertised | 500retail · PK | 120measured | ECN/raw + standard | 2009 | 4 methods |
| 20 | FreshForexRiston Capital Ltd |
3.69 | 3per lot · std | 10advertised | 2000retail · PK | 0.17measured | ECN/raw + standard | 2004 | 3 methods · local |
| 21 | EightcapReporting indicates Eightcap does NOT currently serve Pakistan; it is treated as an unsupported market. |
3.67 | 7per lot · std | 100 groupadvertised | —stated, not verified | 48measured | ECN/raw + standard | 2009 | — |
| 22 | VT MarketsServed via offshore VT Markets LLC (SVG) / VT Markets Ltd (Mauritius FSC). |
3.65 | 6per lot · std | 100 groupadvertised | 500retail · PK | 72measured | ECN/raw + standard | 2015 | 3 methods |
| 23 | NordFXOffshore NordFX LTD (Saint Lucia); no Pakistani entity. |
3.63 | — | 10 groupadvertised | 1000retail · PK | 24measured | ECN/raw + standard | 2008 | 4 methods · local |
| 24 | Pearl SecuritiesPearl Securities Limited |
3.58 | — | 50000 PKRadvertised | —stated, not verified | 24measured | — | 2000 | 2 methods · local |
| 25 | Capital.comPakistani clients are served under the offshore international entity regulated by the Securities Commission of The Bahamas (SCB), not a local entity. |
3.55 | — | 20 groupadvertised | 200retail · PK | 24measured | — | 2016 | 3 methods · local |
| 26 | TMGMTrademax Global Ltd |
3.55 | 7per lot · std | 100 groupadvertised | 1000retail · PK | 48measured | ECN/raw + standard | 2013 | 9 methods |
| 27 | KTradeKASB Securities Limited |
3.51 | — | — | —stated, not verified | — | — | 2013 | 2 methods · local |
| 28 | HYCMHYCM Ltd |
3.5 | 5per lot · std | 100 groupadvertised | 500retail · PK | 1measured | ECN/raw + standard | 1998 | 5 methods |
| 29 | MitradeMitrade Holding Ltd |
3.48 | — | 20advertised | 200retail · PK | 24measured | — | 2011 | — |
| 30 | FXCMGlobal FXCM Markets entity |
3.46 | 11per lot · std | 50 groupadvertised | —stated, not verified | 72measured | ECN/raw + standard | 1999 | — |
| 31 | JS Global CapitalJS Global Capital Limited, incorporated 28 June 2000; subsidiary of JS Bank Limited (JS Group) |
3.45 | — | — | —stated, not verified | — | — | 2000 | 3 methods · local |
| 32 | TickmillNot served — Pakistan is a Tickmill restricted jurisdiction. |
3.44 | 7per lot · std | 100 groupadvertised | 500 groupretail · PK | 24measured | ECN/raw + standard | 2014 | — |
| 33 | ThinkMarketsTF Global Markets Int Ltd |
3.42 | 11per lot · std | 50 groupadvertised | 500retail · PK | 24measured | Standard | 2010 | 4 methods |
| 34 | FXGTGT Global Ltd |
3.34 | 14per lot · std | 5advertised | 5000retail · PK | 72measured | Standard | 2019 | 4 methods |
| 35 | IG MarketsIG international entity |
3.33 | 13.6per lot · std | 50 groupadvertised | —stated, not verified | — | ECN/raw + standard | 1974 | 2 methods |
| 36 | XMXM Global Limited |
3.3 | 7per lot · std | 5advertised | 1000retail · PK | 120measured | ECN/raw + standard | 2009 | 3 methods · local |
| 37 | Darson SecuritiesDarson Securities Limited |
3.29 | — | — | —stated, not verified | — | — | 2000 | 2 methods · local |
| 38 | InstaForexInstant Trading Ltd |
3.28 | — | 1advertised | 1000retail · PK | 7measured | ECN/raw + standard | 2007 | 2 methods · local |
| 39 | FXTMExinity Ltd |
3.27 | 7per lot · std | 10 groupadvertised | 2000retail · PK | 24measured | ECN/raw + standard | 2011 | 3 methods |
| 40 | AlpariParlance Trading Ltd |
3.2 | 19per lot · std | 30 groupadvertised | 3000retail · PK | 48measured | Standard | 1998 | 5 methods |
| 41 | Grand CapitalGrand Capital Ltd |
3.11 | 9per lot · std | 10advertised | 500retail · PK | 72measured | ECN/raw + standard | 2006 | 3 methods |
| 42 | WeltradeWeltrade Ltd |
3.05 | 3.1per lot · std | 1advertised | 2000retail · PK | 120measured | ECN/raw + standard | 2006 | 4 methods |
| 43 | RoboForexRoboForex Ltd |
3.03 | — | 10 groupadvertised | 2000retail · PK | 24measured | — | 2009 | 4 methods · local |
| 44 | AKD SecuritiesAKD Securities Limited (formerly BIPL Securities Limited; renamed 22 July 2022), public limited company incorporated in Pakistan |
— | — | — | —stated, not verified | — | — | 1947 | 2 methods · local |
| 45 | Abbasi and CompanyAbbasi and Company (Private) Limited (ACPL), incorporated 1999, based in Lahore |
— | — | 5000 PKRadvertised | —stated, not verified | — | — | 1999 | 3 methods · local |
| 46 | Alfalah CLSA Securitiesof Bank Alfalah Limited |
— | — | — | —stated, not verified | — | — | 2004 | 2 methods · local |
| 47 | Arif Habib LimitedArif Habib Limited |
— | — | — | 50retail · PK | 72measured | — | 2004 | 2 methods · local |
| 48 | BMA CapitalBMA Capital Management Limited |
— | — | — | —stated, not verified | — | — | 1992 | 2 methods · local |
| 49 | IGI Finex SecuritiesIGI Finex Securities Limited (brand: IGI Securities), wholly-owned subsidiary of IGI Holdings Limited; established 1994 |
— | — | — | —stated, not verified | — | — | 1994 | 2 methods · local |
| 50 | Intermarket SecuritiesIntermarket Securities Limited |
— | — | — | —stated, not verified | 48measured | — | 1994 | 2 methods · local |
| 51 | Next CapitalNext Capital Limited |
— | — | — | —stated, not verified | — | — | 2009 | 2 methods · local |
| 52 | SCS TradeStandard Capital Securities (Pvt.) Ltd, operating the SCSTrade brand; Pakistani brokerage firm |
— | — | — | —stated, not verified | 0measured | — | 1990 | 2 methods · local |
| 53 | Topline SecuritiesTopline Securities Limited |
— | — | — | —stated, not verified | — | — | 2001 | 2 methods · local |
| 54 | Fortune SecuritiesFortune Securities Limited |
— | — | 237.2advertised | —stated, not verified | — | — | 1994 | 2 methods · local |
| 55 | Foundation SecuritiesFoundation Securities (Private) Limited |
— | — | — | —stated, not verified | — | — | 2005 | 2 methods · local |
| 56 | Munir Khanani SecuritiesMunir Khanani Securities Limited |
— | — | — | —stated, not verified | — | — | 1999 | 2 methods · local |
| 57 | Optimus CapitalOptimus Capital Management (Private) Limited |
— | — | — | —stated, not verified | 24measured | — | 2004 | 2 methods · local |
| 58 | Sherman SecuritiesSherman Securities (Private) Limited |
— | — | — | —stated, not verified | — | — | 2002 | 2 methods · local |
| # | Account | Min depositUSD |
|---|---|---|
| 1 | BlackBull MarketsECN Standard |
0advertised |
| 2 | BlackBull MarketsECN Prime |
0advertised |
| 3 | BlackBull MarketsInstitutional/Prime+ |
20000advertised |
| 4 | Fusion MarketsZero account |
— |
| 5 | PepperstoneRazor |
— |
| 6 | AlpariMicro |
30advertised |
| 7 | BDSwissVIP |
250advertised |
| 8 | BDSwissRaw/Zero |
500advertised |
| 9 | LiteFinanceClassic |
50advertised |
| 10 | LiteFinanceECN |
50advertised |
| 11 | Moneta MarketsDirect STP |
50advertised |
| 12 | Moneta MarketsPrime ECN |
50advertised |
| 13 | Moneta MarketsUltra ECN |
20000advertised |
| 14 | TMGMmin deposit USD 100 |
100advertised |
| 15 | ThinkMarketsThinkZero |
500advertised |
| 16 | VantageStandard STP |
50advertised |
| 17 | VantageRaw ECN |
50advertised |
| 18 | VantagePro ECN |
10000advertised |
| 19 | Vantageswap-free variant available |
— |
| 20 | HFMIslamic |
— |
| 21 | JustMarketsStandard/Cent from USD 10 |
10advertised |
| 22 | AdmiralsTrade.MT5 |
100advertised |
| 23 | AdmiralsZero.MT5 |
25advertised |
| 24 | AvaTradeIslamic |
— |
| 25 | FXTMIslamic available |
— |
| 26 | VT MarketsSwap-Free |
— |
| 27 | VT MarketsCent. Min USD 100 |
100advertised |
| 28 | NordFXMT4 Pro |
10advertised |
| 29 | Grand CapitalSwap-Free |
— |
Unranked rows are shown with the reason; missing values stay blank (—), never estimated.
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
— the broker does not publish this figure; it is not read as a zero and it is not scored.
114 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 108 more.
Identical for every row, so it is stated once: Platforms MT5 cTrader +2 · Accepts residents Yes · local SECP · Type ECN/raw · EURUSD spread 0.10 pips · avg · Currencies USD · PKR.
Pick by task (6 tasks · 62 brokers)
Best brokersFP Markets4.1 top score32 of 62 brokers qualifyRegulated—5.80 top score20 of 62 brokers qualifyNot authorisedFP Markets4.1 top score37 of 62 brokers qualifyIslamicFP Markets4.1 top score47 of 62 brokers qualifyMin depositFP Markets4.1 top score16 of 62 brokers qualifyLowest spreadsFP Markets4.1 top score35 of 62 brokers qualify
What the data shows (4 distributions · 62 brokers)
Round turn, USD (36 of 62 priced)
2<4
56
168
510
312
214
116
2>16
Median 7 USD · range 3-19 · 26 of 62 brokers do not publish it
Minimum deposit, USD (16 of 62 published)
13<50
1100
1150
0200
1250
0>250
Median 7.5 USD · range 0-237.2 · 46 of 62 brokers do not publish it
Retail leverage for Pakistani residents (34 of 62 published)
17<1k
62k
73k
34k
1>4k
Median 1:750 · range 50-5000 · 28 of 62 brokers do not publish it
Withdrawal time, hours (46 of 62 published)
34<50
8100
3150
0200
1>200
Median 24 h · range 0-240 · 16 of 62 brokers do not publish it
Ratings in Pakistan (15 slices · 62 brokers)
Best brokers32 of 62 brokers4.1 top scoreFP Markets leadsRegulated20 of 62 brokers3.91 top scoreFinqalab leadsNot authorised37 of 62 brokers4.1 top scoreFP Markets leadsIslamic47 of 62 brokers4.1 top scoreFP Markets leadsMin deposit16 of 62 brokers0.0 USDBlackBull Markets leadsLowest spreads35 of 62 brokers3.0 USDFreshForex leadsHigh leverage34 of 62 brokers5000.0 1:xFXGT leadsLocal payments29 of 62 brokers4.0 top scoreHFM leadsECN / raw28 of 62 brokers3.0 USDFreshForex leadsMT434 of 62 brokers4.1 top scoreFP Markets leadsMT532 of 62 brokers4.1 top scoreFP Markets leadsGold24 of 62 brokers4.0 top scoreHFM leadsCrypto12 of 62 brokers3.93 top scoreBDSwiss leadsFast withdrawal42 of 62 brokers0.0 hLiteFinance leadsMobile app9 of 62 brokers3.93 top scoreBDSwiss leads
Guides
GuideWhat a spread is, and what it costs youA spread is the gap between the price you can buy at and the price you can sell at, quoted in pips.GuideWhat leverage means, and where the cap comes fromLeverage lets a position be larger than the money behind it: at 1:30, {cur}1,000 of your own holds a {cur}30,000…GuideWhat a minimum deposit really tells youThe minimum deposit is the smallest amount an account can be opened with.
How we score (6 axes · v1.0)
Score = 2 + 3 × weighted mean of six axes, each measured on the entity that onboards Pakistani residents. A missing axis is shown as a dash and the broker stays unranked; nothing is estimated. Full methodology
Reviews 25%Price 20%Reliability 20%Payouts 15%Track record 10%Platforms 10%
Where these figures came from (6 sources)
Sources · precision
- https://tradersunion.com/brokers/forex/view/fp-markets/is-regulated-in-pakistan
- https://brokersway.com/reviews/fp-markets/pakistan
- https://tradersunion.com
- https://filsx.com
- https://fastbull.com
- https://secp.gov.pk
Risk warning and affiliate disclosure
CFDs are complex instruments with a high risk of losing money rapidly due to leverage.
Editor's choice · Oct 2026
FP Markets
FP Markets LLC4.1/ 5.0rank #1 of 58
by formula
by formula
- Reviews90
- Round-turn cost92
- Safety0
- Payouts80
- Track record100
- Platforms70
- Round turn
- 6.5
- Min deposit
- 100
- PKR account
- USD/EUR/GBP/AUD and others; no PKR-denominated account.
- Leverage
- 500PK
- Withdrawal
- 1 business day
- Founded
- 2005
Why it is here
- Trading since 2005 — 21 years, 100 of 100 on track record
- 4 platforms: MT4, MT5, cTrader, TradingView
Editor's choice, not a paid placement. FP Markets is #1 of 58 by our formula; the score and the table are computed, not bought.