4 Best Forex Brokers in Pakistan for 2026
Updated: Oct 26, 2026
✓ Fact Checked
What changed in this update
As a trader from Pakistan, I know that finding a reliable broker is not an easy task. There are many restrictions, like a lack of local payments and assets that are compliant with Shariah (Muslim law). Many global brokers and platforms prohibit access to Pakistani residents due to unstable economic conditions. Even with all these restrictions, many Pakistanis are interested in trading forex and CFDs.
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2011
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Scoring categories- How this list works. Our editors choose brokers that meet this page's criteria and impressed us in testing. The list is not in score order. Brokers pay to appear on our site, which can affect which brokers we feature and where. No broker can pay to change a score or a verdict.
- The authority on broker reviews since 2011. Traders have relied on our independent testing for over a decade.
- 70+ brokers tested. We test leading brokers the same way, so we can compare them fairly.
- Every broker takes the same test. One published scoring system, with 9 weighted categories and 250+ variables, all measured hands-on by our analysts.
- Key facts are checked before publishing. An editor re-checks licenses, spreads and fees against our test data.
Reviewing brokers since 2011, we at FXEmpire have built a comprehensive rating system to evaluate brokers that goes into great depth and covers over 250 parameters and features of a broker. To choose the top brokers for Pakistani traders, I made sure they are available in my country and provide localized services.
I also tested the full trading experience myself: opened the live accounts, placed trades, and assessed trading conditions (spreads, commissions, slippage, regulations, etc.). One thing I put a good weight on was the range of tradable instruments and payment methods to see whether deposits and withdrawals in Pakistani Rupees (PKR) are supported.
List of Top Brokers in Pakistan
Intuitive Exness Terminal platform. Free VPS. 120+ forex pairs. High-quality in-platform trading signal. Low spreads on forex, gold, oil, and Bitcoin.
No minimum deposit. Leverage up to 1:2000. Trading Central insights. TradingView charts. MT5 and PXTrader 2.0. Gold 24/7. Swap-free trading. Spread discounts, cashback, and rewards.
Over 2,250 tradable instruments. MT4, MT5, cTrader, and TradingView platforms. Raw ECN pricing with ultra-low spreads. VPS hosting.
Six trading platforms and two mobile apps. Flexible Ava Trade App. Low fees on forex and commodities. 1,450+ tradable instruments. Extensive trading academy. Trading Central market research.*
*AvaTrade doesn’t allow CFD trading in Spain; only Futures are available.
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
 Exness | 4.6 | 4.6 | $10 | 1:2000 (FSCM) 1:100 (JSC) · 1:1000 (BVI FSC) · 1:400 (CMA) · 1:2000 (FSCA) · 1:2000 (FSA) · 1:30 (CySEC) · 1:2000 (CBCS) · 1:30 (FCA) | MT5, MT4, Exness Terminal | General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs. |
 PrimeXBT | 4.3 | 3.8 | $0 | 1:1000 (BCR) 1:400 (FSCA) · 1:2000 (FSA) · 1:2000 (FSCM) | MT5, PrimeXBT Mobile App, PXTrader 2.0 | Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. These products are not suitable for all investors. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. |
 IC | 4.8 | 5.0 | $0 | 1:30 (ASIC) 1:400 (CMA) · 1:200 (SCB) · 1:5000 (FSA) · 1:30 (CySEC) | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. |
 AvaTrade | 4.5 | 4.2 | $100 | 1:400 (FSCA) 1:400 (ADGM) · 1:30 (ASIC) · 1:200 (BVI FSC) · 1:25 (JFSA) · 1:30 (ISA) · 1:30 (CySEC) · 1:30 (CBI) | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. |
How Did FXEmpire Select the Best Brokers in Pakistan?
- I evaluated each broker’s regulations and licenses to make sure they provide strong protection for traders.
- I verified that each broker accepts Pakistani residents.
- I checked the availability of an Islamic trading account.
- I tested each broker’s trading platform and assessed its usability and ease of access, as well as whether it’s available in Urdu.
- I investigated whether the broker has localized resources such as a website and customer support in Urdu.
- I explored the different payment methods to identify if the broker allows deposits and withdrawals in Pakistani Rupees (PKR).
- I checked if the brokers offer localized website and customer support in Urdu.
- I opened trading accounts with brokers to record live spreads and compare them to our industry average.
Best Overall
4.6
General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs.
- $10Min Deposit
- 293Tradable Instruments
- LowFees
Why We Picked It
I think Exness is really the best overall broker from every perspective and stands out as one of the top and well-established brokers. It has been around since 2008 and is based in Cyprus. It has multiple regulations (FCA (UK), CySEC, CBCS (Curacao), and FSA (Seychelles). It also provides great flexibility to trade around 300 instruments using MT4 and MT5. Exness runs its own proprietary platform, the Exness Terminal, which is where it really differentiates itself.
Regional Features:
- Entity for Pakistani Residents: Exness (SC) Ltd (regulated by the FSA Seychelles).
- Maximum Leverage: 1:2000
- Islamic Account: Yes.
- Deposit & Withdrawal: Local bank transfer, credit/debit card, crypto, e-wallets.
I love how impressive the Exness platform is; it comes with an intuitive interface that enables one-click trading, customizable watchlists, and charts from TradingView. It is available on the web and mobile. The sentiment indicator on the trading ticket helps understand how many Exness clients are long or short on the market. This can be useful to help identify overbought and oversold conditions.
My live test showed an average EUR/USD spread of 0.9 (slightly better than the industry spread of 1.08) pips during London and New York sessions. Exness also provides research content, Trading Central, daily commentary, and signals.
Pros and Cons
Pros
- 120+ forex pairs
- Feature-rich Exness Terninal platform
- Leverage up to 1:2000
- Trading Central market research
Cons
- High spread on DAX 40
Best Trading Platform
4.3
Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. These products are not suitable for all investors. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money.
- $0Min Deposit
- 371Tradable Instruments
- MediumFees
Why We Picked It
Founded in 2018, PrimeXBT is a global multi-asset broker offering over 350 instruments across Forex, commodities, indices, and share CFDs. It caters to different experience levels and trading styles through its proprietary PXTrader 2.0 platform and MetaTrader 5, with flexible account options, competitive spreads, and Swap-Free trading.
Regional Features:
- Entity for Pakistani Residents: PrimeXBT Trading Services Ltd, unregulated.
- Maximum Leverage: 1:2000
- Swap-Free Account: Yes
- Deposit & Withdrawals: Local bank transfer, credit/debit cards, and other local payment methods
What I particularly like about PrimeXBT is the flexibility of its platform and the selection of five account types. I performed my testing on a PXTrader 2.0 account, which features floating spreads from 0.2 pips with zero commissions. I discovered that PrimeXBT’s forex spreads are average for the industry, while its spreads on commodities and indices exceeded the benchmark in my test.
There is no minimum deposit requirement with PrimeXBT, while Swap-Free and Extended Swap-Free options are available on both PXTrader 2.0 and MT5. Metal traders can benefit from 24/7 gold trading, including weekends.
PrimeXBT also has a wide selection of educational materials, which includes several hundred articles, videos, and tutorials you can learn from. The broker’s Rewards Center adds further value for active traders. Rewards can be redeemed for up to 10% cashback, a Trading Bonus, or 30-day VIP status with lower trading costs.
Pros and Cons
Pros
- Comprehensive educational content
- No deposit requirement
- Intuitive PXTrader 2.0 platform
- Copy trading solutions
Cons
- Mixed spreads on popular instruments
- The entity that acceptes clients from Pakistan is unregulated
Best Low Spreads
4.8
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
- $0Min Deposit
- 7342Tradable Instruments
- LowFees
Why We Picked It
Founded in 2007, IC Markets is considered the go-to forex broker for low spreads and fast execution. Regulated by CySEC, ASIC, FSA, CMA, and SCB, IC Markets offers ECN pricing and trade execution with NY4 data servers. It also provides ultra-low spreads, fast execution, and a zero requote policy.
Regional Features:
- Entity for Pakistani Residents: Raw Trading Ltd, regulated by the FSA Seychelles
- Maximum Leverage: 1:500
- Islamic Account: Yes
- Deposit & Withdrawal: Local bank transfer, credit/debit card, crypto, e-wallets
My live fee test showed that the spread for EUR/USD during the London and New York trading sessions averaged 0.65 pips, beating the 1.08 pips industry average for a commission-free account. You can access even lower spreads with the IC Markets Raw Spread trading account, which has a commission of USD 3.50 per lot per side, which is in line with the industry average.
Over 2,250 tradable instruments are available from the MT4, MT5, cTrader, and TradingView platforms. The cTrader platform works well with IC Markets’ offering as it is specifically designed for high-volume, short-term traders. With IC Markets’ low spreads and ultra-fast execution, it is ideal for short-term traders. The broker also has a zero requote policy and no minimum order distance restriction. This means you can place market orders very close to the market price.
Pros and Cons
Pros
- Raw ECN trading accounts
- Low spreads on all popular instrument on Standard account
- Copy trading via IC Social and ZuluTrade
- Zero requote policy
Cons
- cTrader and TradingView are not available on some accounts
Best Trading App
4.5
Trading CFDs and FX Options entail risk and could result in the loss of your capital.
- $100Min Deposit
- 1472Tradable Instruments
- MediumFees
Why We Picked It
If you are looking for the best suite of trading apps, Ava Trade is surely the best choice. Founded in 2006 and based in Dublin, AvaTrade operates in more than 150 countries and is regulated by multiple regulators, including FSCA , CBI, BVI FSC, ASIC, ADGM, JFSA, ISA, and CySEC. The broker offers an excellent range of trading platforms and apps, including MT4, MT5, AvaWebTrader, AvaTradeGO, AvaSocial, and AvaOptions.
Regional Features:
- Entity for Pakistani Residents: Ava Trade Markets Ltd, regulated by the B.V.I. Financial Services Commission
- Maximum Leverage: 1:200
- Islamic Account: Yes
- Deposit & Withdrawal: Local bank transfer, credit/debit card, crypto, e-wallets
AvaTrade provides three flexible proprietary trading apps. AvaTradeGO offers clean charting, access to multiple markets, and sentiment indicators. AvaSocial, created in partnership with Pelican Trading, offers copy trading solutions. AvaOptions allows trading of options contracts on forex pairs – a product I enjoy using. No stop-loss is required when trading options, so this can be advantageous in volatile markets.
My live fee test revealed that the spread for EUR/USD during the most active trading times in the London and New York sessions averaged 0.8 pips, which is better than the industry average of 1.08 pips for a commission-free trading account.
Pros and Cons
Pros
- AvaProtect tool for risk management
- 1,250+ tradable instruments
- Dedicated mobile apps for options trading and copy trading
- Extensive AvaTrade Academy
Cons
- Entity for Pakistani traders does not offer negative balance protection or an investor compensation scheme
All Brokers That Accept Clients from Pakistan
Every broker we reviewed that accepts Pakistan residents, ranked by FXEmpire score. The regulator and leverage are those of the entity that opens accounts for clients from Pakistan.
| Broker | Entity for Pakistan | Max Leverage | Score | Fees Score | Min Deposit | Platforms | Visit Broker |
|---|---|---|---|---|---|---|---|
Raw Trading Ltd FSA Seychelles | 1:5000 | 4.8 | 5.0 | $0 | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
IG International Limited BMA Bermuda | 1:200 | 4.7 | 3.8 | $50 | MT4, ProRealTime, L2 Dealer, TradingView, IG Online Platform | 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money | |
Pepperstone Markets Limited SCB Bahamas | 1:200 | 4.7 | 4.4 | $0 | MT5, cTrader, MT4, TradingView, Pepperstone WebTrader, Pepperstone Mobile App | 73–89% of retail investor accounts lose money when trading CFDs. | |
Exness (SC) Ltd FSA Seychelles | - | 4.6 | 4.6 | $10 | MT5, MT4, Exness Terminal | General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs. | |
First Prudential Markets Limited FSA Seychelles | 1:500 | 4.6 | 4.1 | $0 | MT5, cTrader, IRESS, MT4, Mottai, TradingView | Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested. | |
Moneta Markets Ltd FSA Seychelles | 1:500 | 4.6 | 4.5 | $50 | MT5, MT4, ProTrader, App Trader, Copytrader App | Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how Derivatives work and whether you can afford to take the high risk of losing your money. Trading derivatives is risky. It isn't suitable for everyone; you could lose substantially more than your initial investment. You don't own or have rights to the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't consider your personal objectives, financial circumstances, or needs. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. | |
Vantage Global Limited VFSC Vanuatu | 1:2000 | 4.6 | 4.4 | $50 | MT4, MT5, TradingView, Vantage App, Vantage Web Trading | Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. | |
Ava Trade Markets Ltd BVI FSC Virgin Islands, British | 1:200 | 4.5 | 4.2 | $100 | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. | |
Capital Com Online Investments Ltd SCB Bahamas | 1:200 | 4.5 | 4.1 | $20 | MT4, TradingView, Capital.com Web Trader, Capital.com App, MT5 | Depending on the company, 70% of retail investor accounts lose money when trading CFDs with Capital.com Group. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
GAIN Global Markets Inc. CIMA Cayman Islands | 1:250 | 4.5 | 3.7 | - | MT4, WebTrader | 72.5% of retail investor accounts lose money when trading CFDs with this provider. | |
Gleneagle Securities Pty Limited VFSC Vanuatu | 1:500 | 4.5 | 4.4 | $0 | MT4, MT5, cTrader, TradingView, DupliTrade | All financial products involve risk and you should ensure you understand the risk involved as certain financial products may not be suitable for everyone. Trading in margin foreign exchange and derivatives carries a high level of risk and you may incur a loss that is far greater than the amount you invested. Past performance of any product described on this website is not a reliable indication of future performance. | |
Hantec (Seychelles) Services Limited FSA Seychelles | 1:1000 | 4.5 | 4.2 | $10 | MT4, MT5, Hantec Mobile, Hantec Web Trader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
MEX Atlantic Corporation CIMA Cayman Islands | 1:1000 | 4.5 | 4.0 | $50 | MT5, MT4, MultiBank App | All forms of investment carry risk including an investor not recovering the amount invested. These services may not be suitable to all. | |
Startrader Financial Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $50 | MT5, MT4, STARTRADER App | All investments entail risks and may result in both profits and losses. I | |
VT Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $100 | MT5, MT4, VT Markets app, TradingView | Trading CFDs carries a high level of risk and may not be suitable for all investors. Leverage in CFD trading can magnify gains and losses, potentially exceeding your original capital. It’s crucial to fully understand and acknowledge the associated risks before trading CFDs. Consider your financial situation, investment goals, and risk tolerance before making trading decisions. Past performance is not indicative of future results. Refer to our legal documents for a comprehensive understanding of CFD trading risks. | |
XTB International Limited IFSC Belize | 1:500 | 4.5 | 4.3 | $0 | xStation 5 | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
BBG Limited FSA Seychelles | 1:500 | 4.4 | 4.2 | $0 | MT5, MT4, TradingView, cTrader, myFXbook, Zulutrade, BlackBull Trade | BlackBull Markets and its associated entities have access to provide over 26000 tradable instruments to clients across all our Trading Platforms. Black Bull Group Limited (trading name: BlackBull Markets) is a company registered and incorporated in New Zealand (Company Number 5463921, NZBN 9429041417799) located at Level 20, 188 Quay St Auckland 1010. Black Bull Group Limited is a registered Financial Services Provider (FSP403326). | |
Deriv (BVI) Ltd BVI FSC Virgin Islands, British | 1:1000 | 4.4 | 3.1 | - | MT5, cTrader, Deriv Trader, Deriv Go, Deriv Nakala, Deriv Bot, SmartTrader | 71% of retail investor accounts lose money when trading CFDs with this provider. | |
FxPro Global Markets Ltd SCB Bahamas | 1:200 | 4.4 | 3.6 | $0 | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) | |
Notesco (BVI) Limited BVI FSC Virgin Islands, British | 1:2000 | 4.4 | 4.0 | $50 | MT4 | Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. | |
Tickmill Ltd FSA Seychelles | 1:1000 | 4.4 | 4.0 | $100 | MT5, MT4, Tickmill Trader | Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk. | |
Trademax Global Limited VFSC Vanuatu | 1:1000 | 4.4 | 4.1 | $100 | MT4, MT5, TMGM Mobile App, HubX | 80.26% of retails CFD accounts lose money. | |
XM (SC) Limited FSA Seychelles | 1:1000 | 4.4 | 3.1 | $5 | MT5, MT4, XM Web Platform, XM Mobile App | Forex and CFD trading involves significant risk to your invested capital. | |
ActivMarkets Ltd FSCM Mauritius | 1:1000 | 4.3 | 3.4 | $0 | MT5, MT4, ActivTrader, TradingView | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
AT Global Markets Intl Ltd FSCM Mauritius | 1:500 | 4.3 | 3.2 | $50 | MT4, MT5, ATFX Trading App | Trading Foreign Exchange (Forex) and Contracts for Differences (CFDs) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. | |
IUX Markets (MU) LTD FSCM Mauritius | 1:3000 | 4.3 | 4.9 | $30 | MT5, IUX Web Trade, IUX App Trade | This website is not designed to encourage or promote trading activities. Please note that leveraged margin trading and binary options carry significant risks, including the potential for rapid financial losses. | |
Just Global Markets Ltd FSA Seychelles | 1:3000 | 4.3 | 4.4 | $10 | MT5, MT4, JustMarkets App | Your capital is at risk. | |
Royal CM Limited VFSC Vanuatu | 1:1000 | 4.3 | 3.5 | $0 | MT4, MT5 | Your capital is at risk. | |
PXBT Trading Ltd FSA Seychelles | 1:2000 | 4.3 | 3.8 | $0 | MT5, PrimeXBT Mobile App, PXTrader 2.0 | Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. These products are not suitable for all investors. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. | |
PU Prime Ltd FSCM Mauritius | 1:1000 | 4.3 | 3.6 | $20 | MT5, MT4, PU Prime App, PU Web Trader, PU Copy Trading | Trading Contracts for Difference (CFDs) involves a high level of risk and may not be suitable for all traders. | |
Zenfinex Global LLC FSA Seychelles | 1:2000 | 4.3 | 3.4 | $9 | MT5, MT4, Taurex Trading App, Brokeree, Pelican | Trading in financial instruments carries a high level of risk and may not be suitable for all investors. The value of your investments may fluctuate and you may lose all of your invested capital, especially due to leverage. | |
YWO (CM) Ltd MISA Comoros | 1:1000 | 4.3 | 4.4 | $10 | MT5 | Trading our products involves margin trading and carries a high level of risk, including the potential loss of your entire capital. These products may not be suitable for all investors. You should fully understand the risks involved before trading. | |
DB Invest Limited FSA Seychelles | 1:1000 | 4.2 | 2.3 | $50 | MT5, DB Investing App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Errante Securities (Seychelles) Ltd FSA Seychelles | 1:1000 | 4.2 | 3.6 | $50 | MT5, cTrader, MT4, TradingView, Errante App | FX and CFDs trading involves a high risk of loss | |
FP Trading Ltd FSRA Finland | 1:500 | 4.2 | 4.7 | - | MT4, MT5, cTrader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority 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. There is a possibility to lose all your initial capital. The legal documents should be considered before entering into transactions with us. | |
Central Clearing Ltd MISA Comoros | 1:1000 | 4.2 | 4.4 | $0 | MT4, MT5 | Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss. It is possible to lose all the initial capital invested. Therefore, Forex and CFDs may not be suitable for all investors. Only invest with money you can afford to lose. So please ensure that you fully understand the risks involved. | |
Gleneagle Securities Pty Limited VFSC Vanuatu | 1:2000 | 4.2 | 4.0 | $50 | MT4, MT5, FXT WebTrader, FXTrading App | Any advice included in this website or correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives, financial situation and particular needs (i.e. financial circumstances) of any particular person. Before making an investment or trading decision based on the advice, the recipient should carefully consider the appropriateness of advice in light of his or her financial circumstances and should carefully review the Product Disclosure Statement regarding the relevant financial product as provided by your investment broker. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring derivative products, you have no entitlement, right or obligation to the underlying financial asset. | |
Formula Investment House Ltd BVI FSC Virgin Islands, British | 1:400 | 4.2 | 2.7 | $100 | iFOREX Platform | Not investment advice; Capital at Risk; T&C apply. | |
Mitrade International Ltd FSCM Mauritius | 1:200 | 4.2 | 3.8 | $20 | Mitrade Trading Platform, Mitrade Mobile App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
First Interstellar Global Ltd FSA Seychelles | 1:500 | 4.1 | 3.2 | $0 | MT4, MT5, FISG App | Forex and CFD trading involve a significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure. Trading foreign exchange and leveraged financial products has high risks and may cause you to lose your principal. You should not take the risk of loss more than you can afford and please ensure that you fully understand the risks involved. Trading leveraged products is not suitable for all investors. Trading unleveraged products such as shares also involves risk as the value of shares can go down as well as up, meaning you may get back less money than you originally invested. Past performance is no guarantee of future results. Before trading, please consider your level of experience, investment objectives and seek independent financial advice if necessary. It is the customer’s responsibility to ensure that the legal requirements of his/her country of residence allow him/her to use the services provided by the Interstellar Financial Group Limited. | |
Exinity Limited FSCM Mauritius | 1:3000 | 4.1 | 3.1 | $100 | MT5, MT4, FXTM Trader App | Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence. | |
TIO Markets Ltd MISA Comoros | 1:1000 | 4.1 | 3.8 | $20 | MT4, MT5 | Trading on margin comes with a high risk of losing money rapidly due to leverage. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money. Never deposit more than you are prepared to lose. | |
Alchemy International Ltd FSA Seychelles | 1:500 | 4.0 | 3.2 | $1000 | MT4, MT5, TradingView | All instruments offered by Alchemy Markets are traded as CFDs. We offer only commission-free trading on Forex, Indices, and Metals for Classic, Premier and Demo accounts. For more information on our charges on other account types and products including Crypto CFDs and Stock CFDs, you can visit our product pages and sheets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with us. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
AMarkets LTD MISA Comoros | 1:3000 | 4.0 | 2.4 | $100 | MT5, MT4, AMarkets App | Your capital is at risk | |
Doto Global Ltd FSCM Mauritius | 1:500 | 4.0 | 3.4 | $15 | MT4, MT5, Doto Platform | Trading derivatives is highly speculative, carries an inherent risk of loss and is not suitable for all investors. | |
Trade Set Go Ltd FSA Seychelles | 1:400 | 4.0 | 4.5 | $96 | TSG Trade Web, TSG Trade Mobile App, MT5 | Trading in CFDs, involves a high level of risk. 77.95% of retail investor accounts lose money when trading CFDs with this provider. It is possible to lose all your invested capital. Such financial products may not be suitable or allowed for you, and you should consider such restrictions and whether you understand how CFDs work and all the risks involved. | |
4xCube Ltd FSC CA Cook Islands | 1:500 | 3.9 | 3.6 | $50 | MT5, MT4 | Online trading with margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. The products are intended for retail, professional and eligible counterparty clients. For clients who maintain account(s) with 4XC, retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by 4XC, any affiliates of aforementioned firms, or other firms within 4XC of companies [collectively the “4xCube Ltd”], carefully consider your financial situation and experience level. 4xCube Ltd may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. 4xCube Ltd assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on 4xCube Ltd websites prior to taking further action. | |
MAIV Limited FSA Seychelles | 1:2000 | 3.9 | 3.5 | $50 | MT5, Rock-West App | CFDs are Leveraged Financial Instruments, and trading them carries a high level of risk. It is possible to lose all your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Past performance is not a reliable indicator of future performance. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs and/or any other financial instruments. Please read our full Risk Disclosure policy and the Client Agreement. | |
Evalanch Ltd FSA Seychelles | - | 3.9 | 3.9 | $10 | MT5 | “Contract for Differences” (CFDs) are usually leveraged products. Trading Over-The-Counter (OTC) CFDs related to commodities, Forex, Indices and Shares, carries a high level of risk and can result in the loss of all of your investment. As such, CFDs may not be appropriate and/ or suitable for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should be aware of all the risks associated with OTC CFDs trading, and seek advice from an independent and suitably licensed financial advisor. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. General information and/ or recommendations provided by the Company should not be interpreted as investment advice. For more information please visit our General Risk Disclosure Policy. Disclaimer: Information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. | |
Versus Trade Ltd FSCM Mauritius | 1:2000 | 3.8 | 4.3 | $10 | MT5 | It is hereby warned that engagement in the trade of CFDs and/or other services are accompanied by considerable risk and the potential loss of funds and under no circumstances shall Versus Trade be held liable for such. Access to this website is made with clear understanding of the risks. No element present on this website shall be interpreted as investment advice or invitation to engage in services. | |
DLS Markets Limited VFSC Vanuatu | - | 3.7 | 4.1 | $100 | MT5, MT4, DLSM GO App | Investing in CFDs and Margin FX Contracts carries significant risks and is not suitable for all traders. You may lose more than your initial deposit. You don’t own, or have, any interest in the underlying assets. | |
Anzo Capital Limited (SVG) LLC | 1:1000 | 3.6 | 3.6 | $50 | MT4, MT5 | Investing in leveraged products carries significant risks and is not suitable for all investors. You could lose more than your deposits. | |
Equitex Capital Limited FSA Seychelles | 1:500 | 3.6 | 3.0 | $100 | MT5 | Over-the-counter derivatives are complex instruments and come with a high risk of losing your initial capital rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the- counter derivatives carries significant risks and is not suitable for all investors. | |
TradeSmart Capital Limited | 1:2000 | 3.3 | 4.5 | $50 | MT5 | Trading Forex and CFDs carries a high level of risk to your capital, and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. |
This guide covers brokers that accept clients from Pakistan. For the full ranking across all countries, see our best forex brokers worldwide.
Best Forex Brokers in Other Asian Countries
Each guide ranks the brokers we tested that accept clients in that country, under its own regulation.
Not from Pakistan? See the best forex brokers worldwide or all our country guides.
Where to Go Next
More of our best-broker guides, grouped by what you trade, the platform you use, how you trade and where you trade from.
What you trade
Platforms
How you trade
All the Brokers We Tested
See a list of all the brokers we tested and considered for this guide
4XC
3.9
ActivTrades
4.3
ADSS
4.3
AMarkets
4.0
Anzo Capital
3.6
ATFX
4.3
AvaTrade
4.5
Bullwaves
3.6
Capital.com
4.5
DB Investing
4.2
Deriv
4.4
DLSM
3.7
Doto
4.0
DuraMarkets
3.2
Elev8
4.2
Errante
4.2
eToro
4.2
eToro US
4.3
Exness
4.6
FISG
4.1
FP Markets
4.6
FP Trading
4.2
FXCC
4.2
FxPro
4.4
FXT
4.2
FXTM
4.1
Hantec
4.5
Headway
4.1
IC
4.8
iFOREX
4.2
IG
4.7
IronFX
4.4
IUX
4.3
JustMarkets
4.3
Libertex
4.3
LiteForex
3.9
Mitrade
4.2
OANDA
4.4
OANDA US
4.3
OneRoyal
4.3
Pepperstone
4.7
Plus500
4.3
Plus500 US
4.5
PrimeXBT
4.3
PU Prime
4.3
Rock-West
3.9
Spreadex
4.5
STARTRADER
4.5
Swissquote
4.3
tastyfx
4.4
Taurex
4.3
TenTrade
3.9
Tickmill
4.4
TIOmarkets
4.1
TMGM
4.4
Trade Set Go
4.0
TradeSmart
3.3
Trading 212
4.2
Trading.com
4.3
Vantage
4.6
Versus Trade
3.8
VT Markets
4.5
XM Group
4.4
XTB
4.5
YWO
4.3
Update History
Oct 26, 2026 · Ola Alder
We removed FP Markets from the list.
Oct 21, 2026 · Ola Alder
We added links to our forex broker guides for other countries.
Sep 10, 2026 · Jitan Solanki
We moved the page to our new template, adding a summary card, a compare table of all listed brokers, a list of every broker we tested, and this update history.
Aug 13, 2026 · Jitan Solanki
We re-added PrimeXBT to the list as our Best for Beginners pick.
Jun 11, 2026 · Jitan Solanki
We removed PrimeXBT from the list.
Jun 2, 2026 · Ola Alder
We removed the FAQ and "How to Choose a Forex Broker in Pakistan?" sections.
Jun 3, 2025 · Dan Blystone
We added PrimeXBT to the list.
Mar 10, 2025 · Dan Blystone
We removed the "How to avoid forex and CFD scams?" and "What to avoid when choosing a forex broker in Pakistan?" sections.
Oct 29, 2024 · Dan Blystone
We removed MultiBank from the list.
Sep 5, 2024 · Jitan Solanki
We added MultiBank to the list.
Jul 10, 2024 · Jitan Solanki
We made Exness our Best Overall pick and FP Markets our Best for Professional Traders pick.
We change this page's date only for a material change, logged here. Typo fixes never change the date.
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About the Authors
Jitan SolankiBroker Analyst
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
Muhammad SobanProp Firm Analyst
Leveraging years of hands-on experience, Soban provides in-depth reviews of proprietary trading firms, carefully evaluating their models, rules, and impact on traders.
Amy JonesFinance Editor
Amy leads the prop trading area at FXEmpire, collaborating closely with industry experts to deliver insightful and trustworthy reviews. Her work ensures that readers gain transparent, reliable guidance in navigating the fast-evolving world of proprietary trading firms.
Ola AlderSenior Content Editor
As a Senior Content Editor at FXEmpire, Ola has edited and fact-checked more than 350 broker reviews and guides. She continually refines FXEmpire’s proprietary broker rating system and keeps a close eye on industry trends, making sure our reviews reflect the latest changes in the market.