🇵🇰Pakistan Expert-reviewed Updated May 2026

Best Brokers in Pakistan (2026)

12 top-rated brokers ranked for traders in Pakistan. Every pick is independently scored on regulation, fees, platforms and markets — no paid placements.

Quick Answer

There are 95 regulated brokers available to traders in Pakistan, led by Interactive Brokers (4.43/5). 12 of them hold tier-1 licences (FCA, ASIC, CySEC or equivalent). Average minimum deposit is $240. Forex trading in Pakistan is regulated by the Securities and Exchange Commission of Pakistan (SECP).

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Brokers available

12 of 12

Tier-1 regulated

$240

Avg min deposit

1:3,000

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Trading in Pakistan

International forex CFD trading for Pakistani retail traders operates in a regulatory grey area — the State Bank of Pakistan (SBP) does not licence international forex brokers, and SBP regulations restrict remittances for speculative purposes. Despite this, Pakistani traders are active users of internationally regulated platforms, primarily those holding FCA (UK) or ASIC (Australia) licences. Crypto deposits (USDT) are the most common funding method given limited international banking access.

Pakistan is the world's second-largest Muslim-majority country with over 220 million Muslim citizens. Islamic (swap-free) accounts are essential — trading through standard accounts with overnight interest charges would be impermissible under Sharia. Low minimum deposits ($0–$10), micro-lot trading, and permanent swap-free status are the priorities for Pakistani Muslim traders. See our dedicated guide to the best Islamic forex brokers in Pakistan.

Top 3 brokers in Pakistan compared

Broker	Score	Regulated by	Spread from	Min deposit
Interactive Brokers	4.4/5	SEC	0.2 pips	None	Visit
IG Group	4.3/5	FCA	0.6 pips	$250	Visit
FxPro	4.1/5	FCA	0.6 pips	$100	Visit

Top 12 Brokers in Pakistan

Full ranking

How we chose: We evaluated 95 brokers available to traders in Pakistan and ranked them by SECP compliance, trading fees, platform quality, and markets offered. Only brokers with verifiable regulation and segregated client funds were included. Scores are calculated by our independent rating algorithm — no broker pays for placement.

#1 Top Pick in Pakistan

Interactive Brokers

4.4

Regulated: SEC, CFTC, FCA

Spread from: 0.2 pips

Min deposit: None

Markets: stocks, forex, cfd, indices

Advanced tools for professional traders Access to 150+ markets in 33 countries

Visit Interactive Brokers Full review

IG Group

4.3

Regulated: FCA, ASIC, MAS

Spread from: 0.6 pips

Min deposit: $250

Markets: cfd, forex, stocks, indices

Visit broker Read review

Fees Regulation Platforms

FxPro

4.1

Regulated: FCA, CySEC, ASIC

Spread from: 0.6 pips

Min deposit: $100

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

Pepperstone

4.1

Regulated: ASIC, FCA, CySEC

Spread from: 0 pips

Min deposit: $200

Markets: forex, cfd, crypto, stocks

Visit broker Read review

Fees Regulation Platforms

OANDA

4.1

Regulated: FCA, CFTC, ASIC

Spread from: 0.6 pips

Min deposit: None

Markets: forex, cfd, indices, commodities

Visit broker Read review

Fees Regulation Platforms

3.9

Regulated: CySEC, ASIC, FCA

Spread from: 0.6 pips

Min deposit: $5

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

Saxo Bank

4.0

Regulated: FCA, MAS, ASIC

Spread from: 0.4 pips

Min deposit: $2000

Markets: stocks, forex, cfd, indices

Visit broker Read review

Fees Regulation Platforms

AvaTrade

4.0

Regulated: FCA, ASIC, MAS

Spread from: 0.9 pips

Min deposit: $100

Markets: forex, cfd, crypto, stocks

Visit broker Read review

Fees Regulation Platforms

Capital.com

4.0

Regulated: FCA, CySEC, ASIC

Spread from: 0.6 pips

Min deposit: $20

Markets: cfd, forex, stocks, indices

Visit broker Read review

Fees Regulation Platforms

#10

BlackBull Markets

3.9

Regulated: FCA, ASIC

Spread from: 0 pips

Min deposit: None

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

#11

FBS

3.9

Regulated: CySEC, ASIC, FSCA

Spread from: 0 pips

Min deposit: $1

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

#12

IC Markets

3.9

Regulated: ASIC, CySEC

Spread from: 0 pips

Min deposit: $200

Markets: forex, cfd, crypto, stocks

Visit broker Read review

Fees Regulation Platforms

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Compare top brokers in Pakistan

All comparisons

Interactive Brokers vs IG Group Interactive Brokers vs FxPro Interactive Brokers vs Pepperstone IG Group vs FxPro

More rankings for Pakistan

Best Forex Brokers in Pakistan Best Crypto Exchanges in Pakistan Best Stock Brokers in Pakistan Best CFD Brokers in Pakistan Islamic Brokers in Pakistan

Risk warning: Trading CFDs and forex carries significant risk and may not be suitable for all investors. Ensure you understand the risks involved before depositing any funds. Capital is at risk.

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Frequently Asked Questions

Which broker is best for traders in Pakistan?

Interactive Brokers is our top-rated broker available in Pakistan with a BrokerRank score of 4.43/5, offering competitive fees, strong regulation, and a wide range of markets.

Who regulates forex trading in Pakistan?

Forex trading in Pakistan is regulated by the Securities and Exchange Commission of Pakistan (SECP). Brokers operating in Pakistan should hold a licence from SECP or an equivalent recognised regulator. International brokers regulated by FCA (UK), ASIC (Australia) or CySEC (EU) are also commonly used by traders in Pakistan.

Is forex trading legal in Pakistan?

Yes, forex trading is legal in Pakistan and is regulated by the Securities and Exchange Commission of Pakistan (SECP). Traders should use brokers that are licensed by SECP or hold equivalent international regulation to ensure legal protection and fund safety.

Are online brokers legal in Pakistan?

Online forex and CFD trading is legal in Pakistan when using a regulated broker. The primary regulator is Securities and Exchange Commission of Pakistan (SECP). Always verify that the broker you choose holds a valid licence from a recognised financial regulator before depositing funds.

Is it safe to trade forex in Pakistan?

Trading forex in Pakistan is safe when you use a properly regulated broker. Choose a broker licensed by SECP, which requires client fund segregation, regular audits, and transparent pricing. Key safety measures include: keeping funds in segregated accounts, enabling two-factor authentication, and never investing more than you can afford to lose.

What should I look for in a broker as a trader in Pakistan?

Key factors include SECP regulation or equivalent, local currency support to avoid conversion fees, competitive spreads, and a platform that suits your trading style. Our rankings above are filtered to brokers that accept clients from Pakistan.

Do I need to pay tax on forex profits in Pakistan?

Tax treatment of forex trading profits varies by country and individual circumstances. In Pakistan, trading profits may be subject to capital gains tax, income tax, or other levies depending on your trading frequency and status. Consult a qualified tax advisor in Pakistan for guidance specific to your situation. BrokerRank does not provide tax advice.

How do I compare brokers in Pakistan?

Use BrokerRank's comparison tool to view any two brokers side-by-side across fees, regulation, platforms and markets. Visit /compare to build your own comparison.

What is the best forex broker in Pakistan for beginners?

For beginner traders in Pakistan, the best forex broker is one with a low minimum deposit, an intuitive platform, and strong educational resources. Interactive Brokers is our top-rated pick for Pakistan overall. Look for brokers offering demo accounts, clear fee structures, and responsive customer support in your language.