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At Infobrokers, we evaluate Forex brokers to help traders make informed, confident decisions and avoid unreliable or unsafe options. We use a professional and detailed approach, focusing on key factors such as regulation and safety, trading costs, ease of use, platform features for all experience levels, and real trader feedback collected over 15 years.
We’ve outlined every step of our evaluation in detail on our Methodology Page. Our process is transparent, data-driven, and built on years of expertise, combined with real trader insights, ensuring you can trust our recommendations.
Our goal is to guide traders toward brokers that are safe, reliable, and suited to their needs, whether they are beginners or experienced professionals in Pakistan
There is a high level of risk involved when trading leveraged products such as Forex/CFDs. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Comparison of leading Forex brokers in Pakistan
The minimum deposit, EUR/USD spread, eligibility for residents of Pakistan, and the number of available currency pairs are key factors to consider when choosing a broker.
- The minimum deposit shows how affordable it is to start trading.
- The EUR/USD spread highlights trading costs—lower spreads mean you save more.
- Eligibility for residents of Pakistan ensures you can legally access the broker’s services.
- The number of currency pairs reveals the variety of trading options available.
Together, these factors help you determine if a broker is safe, cost-effective, and aligned with your trading needs.
| Min deposit | $0,00 | $100,00 | $0,00 | $0,00 | $0,00 |
|---|---|---|---|---|---|
| Average Spread EUR/USD | 0.6 Pips | 0.6 Pips | 0.6 Pips | 0.6 Pips | 0.6 Pips |
| Currency pairs | 58 | 63 | 69 | 71 | 49 |
Trading fees and commissions of top brokers in Pakistan
We compared both trading and non-trading fees of the top brokers in Pakistan. This comparison highlights the following:
These include average spreads in pips for popular currency pairs like EUR/USD and GBP/USD, based on both Standard and ECN account types with floating spreads.
These cover deposit and withdrawal fees (percentage-based), along with inactivity fees.
By analyzing these parameters, we aim to provide a transparent overview of the cost-effectiveness of brokers in Pakistan.
Trading fees
| Average Spread EUR/USD | 1.2 Pips | 1.6 Pips | 1.6 Pips | 1.3 Pips | 1.6 Pips |
|---|
Non-trading fees
| Deposit fee | 0 | 0 | 0 | 0 | 0 |
|---|---|---|---|---|---|
| Withdrawal fee | 0 | 0 | 0 | 0 | 0 |
Security and regulation of top brokers in Pakistan
When choosing a Forex broker in Pakistan, regulation ensures your funds are safe. Tier-1 regulation is the most reliable, with strict rules on transparency and client protection. Tier-2 regulation is solid but less strict, offering a reasonable level of oversight. Tier-3 regulation and unregulated brokers are riskier, with minimal or no monitoring, which can put your money at risk.
The data below shows the regulatory level of brokers available in Pakistan, helping you make a safe and informed choice.
| Regulation and safety | 4.9 | 4.8 | 4.8 | 4.8 | 4.7 |
|---|---|---|---|---|---|
| Regulation | — | FSCA (ZA), BAFIN (DE), NFA (US), ASIC (AU), FINMA (CH), MAS (SG), DFSA (AE) | FSCA (ZA), CBI (IE), ADGM (AE), ASIC (AU) | FSCA (ZA) | CMA (KE) |
| Negative balance protection | No | Yes | Yes | Yes | Yes |
Top 3 brokers for beginners in Pakistan
This comparison highlights the best brokers in Pakistan for new traders based on the following criteria:
- Education Score: Assesses the quality of educational materials, such as tutorials and guides.
- Cent Accounts: Allow traders to start with minimal capital ($1–$10), enabling them to learn market dynamics with limited financial risk.
- Demo Accounts: Provide risk-free environments for practicing trading strategies.
- Copy Trading: Enables new traders to learn by replicating the trades of experienced traders.
- PAMM Accounts: Offer opportunities for passive investment.
These features help ensure a smooth start and effective learning experience for beginners in Pakistan.
| Education score | 4.9 | 4.8 | 4.8 | 4.8 | 4.7 |
|---|---|---|---|---|---|
| Copy trading | No | Yes | Yes | Yes | No |
| PAMM | No | Yes | No | Yes | No |
| Mobile trading | Yes | Yes | Yes | Yes | Yes |
Is Forex regulated in Pakistan?
Forex trading is legal in Pakistan, but is strictly regulated by the State Bank of Pakistan (SBP). Retail Forex trading is only permitted through licensed exchange houses and banks. Using international forex brokers remains a gray area, as online trading is not explicitly covered by local laws.
Forex investor protection in Pakistan
Investors in Pakistan have limited protection. The State Bank monitors currency exchange operations and compliance with financial standards, but there are no local protections for online Forex brokers. Traders are advised to choose international platforms regulated by reputable organizations such as the FCA or CySEC.
Forex taxation in Pakistan
Forex trading income is considered personal income and is subject to taxation of up to 35% depending on the individual’s income bracket. Traders are required to declare income and pay tax through the Federal Board of Revenue (FBR).
How to choose a Forex broker in Pakistan
For beginners, it’s essential to start with a strong foundation in Forex trading basics. Focus on understanding trading psychology, how leverage impacts risk, and the importance of lot sizes and risk management strategies.
Once you’ve built your knowledge, follow these practical steps to begin trading Forex in Pakistan:
Ensure the broker is regulated by a Tier-1 or Tier-2 regulatory authority or holds a valid license in India. Regulation helps guarantee fund safety and compliance with industry standards.
Seek brokers offering low spreads, transparent fees, and competitive commission structures for Pakistan clients to minimize trading costs.
Choose brokers offering advanced platforms such as MT4, MT5, or TradingView for efficient trading and analysis.
Select a broker that offers account types suited to your needs, such as Cent and Demo accounts for beginners and ECN accounts for experienced traders.
Ensure the broker provides fast, affordable, and reliable deposit and withdrawal methods in Pakistan.
Choose brokers that offer responsive, multilingual support 24/7 to ensure prompt and effective issue resolution.
Is Forex halal or haram?
Forex trading can be halal if done transparently, avoiding interest and unethical practices. S wap-free accounts are designed to meet Islamic finance rules. Stocks and ETFs are generally halal as they involve no riba. We reviewed three brokers in Pakistan with high ratings and Islamic accounts suitable for Muslim traders.
| Overall score | 4.3 | 4.2 | 4.2 | 4 | 4 |
|---|---|---|---|---|---|
| ETFs | — | 0 | 0 | — | 0 |
| Stocks | 55 | 141 | 141 | 576 | 141 |
| Bitcoin | 16 | 0 | 0 | 16 | 0 |
| Currency pairs | 34 | 85 | 85 | 70 | 85 |
| Swap-free Islamic accounts | Yes | Yes | Yes | Yes | Yes |
Expert advice for traders in Pakistan
