Forex trading is gaining popularity in the world and also in Pakistan every year. Finding the best forex broker in Pakistani can be difficult with every online forex broker that offers online trading services. we have carefully selected the best forex brokers in pakistan which will offer excellent trading conditions.
Best Forex Brokers & Trading Platforms in Pakistan 2023
Currently forex trading in Pakistan can become legal as the economy expands. Pakistan has entered into the list of countries with a potential for a 21st century economy. Increased leverage + quick execution High-concurrent cost structure Daily market studies & Autographer access. High level of regulation in multiple jurisdictions – Impressive range of trades.
What forex markets are available in Pakistan?
It is easy and safe to make forex transactions, which is regulated by the broker. A second option is trading in the spot markets and a third option is predicting future price moves. This will give you more details of these choices.
Which currency pairs can I trade in Pakistan?
For a Forex pair the three categories differ in how many trading options the brokers have. Most of them stick with the most common currencies – Major and Minor – while most Pakistan Forex Brokers offer the full array of exotics. This is an easy explanation of terms.
Is MT4 available in Pakistan?
Yes, MetaTrader 4 is regulated here. Using MetaTrader, you must open brokerage accounts, and any trade made on the platform is processed by Forex trading platforms. You can use either MT3 or T5.
What is the best forex trading app in Pakistan?
The mobile applications of Exness will be the best forex trade apps to trade with forex traders from the country. Exness integrates beautifully with powerful features and offers an excellent trading experience that I describe as “absolute pleasure”. The Exness user experience is fluid and very similar to the web-based Exness application
Best forex brokers Forex spreads’ comparison
In most cases, the primary broker selection determining factor in a broker’s selection is how much money is required and the spread of a trading order. Please see Tooltips to check for when we collected your spread information. For more information about brokerage fees, see the article on the different fees..
erts. Every calendar year our staff publish thousands of word studies and detailed forex guide. Our researchers perform extensive analysis of a wide variety of features, products, tools and services, including the collection and validation of thousands of results during each analysis.
2023 Review Methodology
The reviews we offer of online Forex Brokers and the product and service offered are compiled using our data and observations, as well as the views of exp
erts. Every calendar year our staff publish thousands of word studies and detailed forex guide. Our researchers perform extensive analysis of a wide variety of features, products, tools and services, including the collection and validation of thousands of results during each analysis.
Best Forex Brokers In Pakistan 2023
Exness
Exness is a forex broker founded in 2008, which offers its clients quite impressive trading terms and conditions. The broker offers hundreds of financial assets to trade such as (currency pairs, precious metals, crypto-currencies, energy, stocks, and indices), high leverage up to 1:2000, low spreads, two very flexible and user friendly trading platforms (metatrader 4 and metatrader 5) and a 5/24 customer service available via online chat, email, phone that is attentive to all your concerns.
Regulated: CBCS, CySEC, FCA, FSA, FSC
Islamic Account: Yes
Minimum Initial Deposit: $1
Leverage: 1:1000
Trading Platforms: MetaTrader 4 MetaTrader 5
Payment Methods: Bitcoin, Debit Card, Credit Card, Skrill, Neteller, Perfect Money, Tether
HF Markets
HFMarkets is a forex broker based in Mauritius that offers trading services, it is an award-winning broker, and very well regulated with several regulatory organizations. HFMarkets offers its clients access to clients the possibility to trade several financial instruments through these user-friendly and powerful trading platforms. They offer low spreads, a wide range of trading tools, fast execution and more.
Regulated: FCA, CySEC, DFSA, FSCA, SFSA
Islamic Account: Yes
Minimum Initial Deposit: $5
Leverage: 1:1000
Trading Platforms: Web, MT4 MT5, FIX API
Payment Methods: Credit Card, Wire Transfer, Bitcoin, WebMoney and fasapay
FXTM
FXTM is an award-winning broker that offers its clients the ability to trade over 250 trading instruments such as currency pairs, CFDs, commodities, cryptocurrencies and stocks using a range of tools, from charts and live copy signals. This broker is also known for offering very competitive trading conditions and powerful and easy to use trading platforms.
Regulated: CySEC, FCA, FSC
Islamic Account: Yes
Minimum Initial Deposit: $5
Leverage: 1:2000
Trading Platforms: MetaTrader 4 and MetaTrader 5
Payment Methods: Credit Cards, PayRedeem, Perfect Money, Skrill, Visa, WebMoney, Western Union, Worldpay, Yandex Money
OctaFX
Octafx is a forex broker offering traders from all over the world secure transactions on crypto-currencies, currency pairs, CFDs, etc…, octafx forex is a world class broker with more than 1500000 traders.
Octafx operates as a STP and ECN broker. It is best known for offering its clients very competitive trading conditions by offering narrow spreads, fast execution, a wide range of trading tools, user-friendly trading platforms, and very reliable initial deposits starting from $5.
Is OctaFX legal in Pakistan or not?
Yes, OctaFX is allowed here. In Pakistan, Forex Trading can take place freely and without restriction. OctaFX is a highly respected broker offering a range of services to regulated and reputable traders.
Regulated: CySEC
Islamic Account: Yes
Minimum Initial Deposit: 5
Leverage: 1:500
Trading Platforms: MetaTrader 4, MetaTrader 5, cTrader
Payment Methods: Local Bank Transfer, Bitcoin, Neteller, Dogecoin, Skrill, Credit Card
Roboforex
RoboForex is an online broker since 2009. they provide trading services on more than 9400 trading instruments in several asset classes, such as forex, stocks, indices, crypto-currencies, ETFs, commodities, energy and others, offering tight spreads starting from 0 pips, good execution speeds and leverage refit up to 1:1000. The broker offers a wide choice of flexible trading platforms, a range of trading tools, educational resources and 24/5 customer support via direct chat, email, and phone to their more than 800,000 customers in over 169 countries.
Regulated: IFSC
Islamic Account: Yes
Minimum Initial Deposit: $5
Leverage: 1:2000
Trading Platforms: MetaTrader 4, MetaTrader 5, R Trader, cTrader
Payment Methods: Bank Transfer, Credit/Debit Card, E-Wallets, Crypto
Fusion Markets
Fusion Markets is an online forex broker since 2017 based in Australia, which offers many instruments for online trading via the user-friendly but powerful Metatrader platform for desktop, web and mobile. Fusion Markets offers the ability to trade over 12O instruments on both direct account types, low forex spreads and powerful leverage.
Regulated: ASIC
Islamic Account: Yes
Minimum Initial Deposit: $1
Leverage: 1:500
Trading Platforms: MetaTrader 4, MetaTrader 5
Payment Methods: Credit Cards, Debit Card, FasaPay, Neteller, PayPal, Perfect Money, Skrill STICPAY, Wire Transfer