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Top 10 BEST PSX Brokers in Pakistan 2025 [Ranked & Reviewed]
Pakistan’s financial markets are evolving fast, and with growing interest in stock trading, many investors are turning to online brokers that offer access to the Pakistan Stock Exchange (PSX) and international markets. Choosing the right broker is essential to your trading success. In this guide, we break down the Top 10 BEST PSX brokers in Pakistan 2025, comparing their platforms, features, and suitability for different types of traders.
What is a PSX Broker?
A PSX broker is a financial intermediary that facilitates the buying and selling of securities listed on the Pakistan Stock Exchange (PSX). These brokers can be local or international and must be registered with the Securities and Exchange Commission of Pakistan (SECP) to legally offer trading services in Pakistan.
Best Forex brokers Pakistan for 2025
1️⃣ Exness: Open Account | Go to Website
2️⃣ JustMarkets: Open Account | Go to Website
3️⃣ XM: Open Account | Go to Website
4️⃣Pepperstone: Go to Website
5️⃣Avatrade: Open Account | Go to Website
6️⃣FpMarkets: Open Account | Go to Website
See more:
Key Criteria for Choosing the Best PSX Broker
When evaluating a PSX broker, consider the following:
Regulation & Licensing (preferably SECP or Tier-1 regulators)
Low Spreads & Commissions
Trading Platforms (MetaTrader 4, MetaTrader 5, or proprietary platforms)
Customer Service Quality
Ease of Account Opening
Educational Resources for Beginners
1. Exness – Best Overall PSX Broker in Pakistan
Exness stands out as a top-tier broker for Pakistani traders due to its ultra-low spreads, instant withdrawals, and localized support.
1️⃣ Exness: Open Account | Go to Website
Key Features:
Tight spreads starting from 0.1 pips
Leverage up to 1:2000
Supports MetaTrader 4 & 5
24/7 live chat support
Pros:
Excellent execution speed
Multilingual support
No hidden commissions
Cons:
Limited education for complete beginners
Rating: ★★★★★ (5/5)
2. JustMarkets – User-Friendly for Beginners
2️⃣ JustMarkets: Open Account | Go to Website
JustMarkets has become popular among new traders in Pakistan for its simple interface and low entry barrier.
Key Features:
Minimum deposit of $1
Islamic accounts available
MT4 & MT5 support
No commission on Standard accounts
Pros:
Beginner-friendly dashboard
Good mobile app
Great customer service
Cons:
Limited analytical tools
Rating: ★★★★☆ (4.5/5)
3. XM – Best for Advanced Traders
XM is best forex trading app in pakistan, ideal for experienced traders who want deep liquidity, professional tools, and multi-asset access.
3️⃣ XM: Open Account | Go to Website
Key Features:
Offers stocks, forex, indices, and commodities
Daily webinars and training sessions
Negative balance protection
Pros:
Strong global regulation
Excellent educational resources
Robust execution
Cons:
Limited crypto options
Rating: ★★★★☆ (4.7/5)
4. Pepperstone – Fast Execution Broker
Pepperstone is a favorite for traders who prioritize lightning-fast trade execution and reliable infrastructure.
Key Features:
Ultra-fast execution with low latency
ECN pricing model
Supports TradingView and cTrader
Pros:
Very low spreads
Multiple trading platforms
No dealing desk interference
Cons:
Not SECP regulated directly
Rating: ★★★★☆ (4.6/5)
5. AvaTrade – Best for Automated Trading
AvaTrade appeals to tech-savvy traders looking for automation and innovation.
Key Features:
AvaSocial and DupliTrade for copy trading
Free educational content
MT4 & MT5 compatible
Pros:
Solid global regulation
Great tools for auto trading
Fixed spread accounts
Cons:
Inactivity fees apply
Rating: ★★★★☆ (4.4/5)
6. FP Markets – Great for Low Spreads
FP Markets provides one of the most competitive spread structures in the industry, with direct ECN access.
Key Features:
Raw spreads from 0.0 pips
DMA (Direct Market Access) options
Free VPS for eligible accounts
Pros:
Transparent pricing
Suitable for scalping
Great MT5 integration
Cons:
Slight learning curve for beginners
Rating: ★★★★☆ (4.5/5)
7. IG Markets – Trusted Global Presence
One of the oldest brokers in the world, IG is known for its robust tools and transparency.
Key Features:
Over 17,000 instruments
Award-winning platforms
Excellent research tools
Rating: ★★★★☆ (4.3/5)
8. IC Markets – Reliable with ECN Access
IC Markets is perfect for serious traders looking for raw pricing and top-tier execution.
Features:
Raw spreads from 0.0
High-speed trading environment
Offers both MT4 and MT5
Rating: ★★★★☆ (4.5/5)
9. Octa – Popular in South Asia
Octa has gained traction for its strong presence in the South Asian region and localized services.
Features:
Easy registration
Cashback programs
Good support team
Rating: ★★★★☆ (4.2/5)
10. KTrade – Local PSX Platform
KTrade is a Pakistan-based platform regulated by SECP offering direct access to PSX-listed shares.
Features:
Native app and website
In-app financial news
Local support and Urdu interface
Rating: ★★★☆☆ (3.8/5)
How to Open an Account with a PSX Broker
Visit the broker’s official website.
Click “Open Account”.
Submit your CNIC/passport and proof of address.
Complete verification steps.
Fund your account via bank transfer or e-wallet. How to start forex trading in pakistan
Safety and Regulations in Pakistani Brokerage
Always ensure your chosen broker is either registered with SECP or regulated by trusted Tier-1 authorities like FCA, ASIC, or CySEC. This provides legal protection and transparency for your investments.
Comparison Table of the Top 10 Brokers
FAQs – Top 10 BEST PSX brokers in Pakistan 2025
What is the best PSX broker in Pakistan?Exness is widely considered the best overall PSX broker due to its low spreads, fast withdrawals, and strong regulation.
Can I trade on PSX using international brokers?While many brokers don’t offer direct PSX access, you can trade related instruments like ETFs and indices.
Are PSX brokers regulated?Reputable PSX brokers are regulated by SECP or global entities like FCA and ASIC.
Which PSX broker offers the lowest fees?FP Markets and Exness are among the lowest fee brokers with competitive spreads.
Is it safe to trade with international brokers in Pakistan?Yes, as long as the broker is regulated and supports Pakistani traders.
Which broker is best for beginners?JustMarkets is excellent for new traders due to its intuitive platform and low deposit requirement.
Do I need a lot of money to start trading on PSX?No. Some brokers like JustMarkets allow you to start with just $1.
Can I use mobile apps for trading PSX?Yes, most brokers offer robust mobile platforms for trading on the go.
Is it legal to use foreign brokers in Pakistan?Yes, it’s legal as long as the broker accepts Pakistani clients.
How do I verify if a broker is legit?Check their regulatory license number and verify it on the regulator’s website.
