10 Best Forex Brokers In Pakistan Compared (Top List 2025)

Forex trading is legal in several countries; however, regulations limit the number of brokers permitted to operate. Different countries have laws and regulations regarding forex trading and the operation of brokers within their territory; this also applies to Pakistan.

Finding the right broker in Pakistan can take a lot of work due to regulatory limitations. These are the Top 10 Forex Brokers for traders in Pakistan in 2025:

List of 10 Best Forex Brokers in Pakistan:

#1 BlackBull Markets 

At WR Trading, we found that BlackBull Markets is the best broker platform permitted in Pakistan, offering a range of impressive features. These include popular trading platforms like MT4, MT5, Blackbull Invest, Blackbull CopyTrader, and TradingView. 

We also discovered a diverse array of tradable instruments, such as Equity Indices, Forex, agricultural commodities, futures, cryptocurrencies, and energies. BlackBull Markets also accepts traders from Pakistan, making it an accessible option for local investors.

Key Facts About BlackBull Markets:

Feature	Broker
Available in Pakistan	Yes
Trading Platforms	MT4, MT5, TradingView, Blackbull Invest, Blackbull CopyTrader, cTrader
Regulations	FSA
Currency	USD, EUR, AUD, GBP, NZD, SGD, CAD, CHF, HKD, XAU, BTC, ETH, and JPY
Minimum Deposit	$0 (Standard), $2,000 (Prime), $20,000 (ECN Institutional)
Account Types	Standard, Prime, Institutional
Tradable Instruments	Equity indices, commodities and agricultural commodities, metals, energies, Forex, cryptocurrencies, and futures
Minimum Order	0.01 lot
Leverage	Up to 1:500
Spreads	From 0.8 pips (Standard), 0.1 pips (Prime), 0.0 pips (Institutional)
Commissions	Standard – $0 per lot Prime – $6 per lot Institutional – $4 per lot
Transaction Options	Visa/Master Card, bank transfer, Airtm, Cryptocurrency, Neteller, Skrill, HexoPay, AMEX, SEPA, Poli, PaymentAsia, Help2Pay, FXPay, China Unionpay, Boleto, Beeteller, AstroPay

#2 FP Markets 

FP Markets is a recognized Forex broker founded in 2005 in Australia. They are one of the recognized brokers in Pakistan, with different licenses to back up their operation including ASIC, FSCA, FSA, ESMA, CySEC, and FSC. FP Markets offers exceptionally tight spreads and ultra-low commissions, making it a unique and attractive choice for traders seeking cost-effective trading solutions.

FP Markets is one of our top choices, with highly competitive spreads starting at 0.0 pips and regulation from over five reputable authorities. Traders also have access to leading platforms like MT4, MT5, cTrader, IRess, Trading View, and WebTrader.

Key Facts About FP Markets:

Feature	Broker
Available in Pakistan	Yes
Trading Platforms	MT4, MT5, cTrader, IRess, TradingView, WebTrader, FP Mobile App
Regulations	ASIC, FSCA, FSA, ESMA, CySEC, and FSC
Currency	USD, CHF, JPY, GBP, PLN, SGD, HKD, CAD, EUR, AUD, NGN, ZAR, MXN, NZD, INR
Minimum Deposit	$100
Account Types	Standard account and Raw account
Tradable Instruments	Currency pairs, CFDs on metals, indices, commodities, stocks, ETFs, bonds, and cryptocurrencies
Minimum Order	0.01 lot
Leverage	Up to 1:500
Spreads	0.0 pips (Raw Account), 1.0 pips (Standard Account)
Commissions	$0 (Standard), $3 (Raw Account) per Round Lot
Transaction Options	Bank and online transfers, credit and debit cards, crypto payments, Perfect Money, PayPal, Neteller, Skrill, AstroPay, Apple Pay, Google Pay, and WebMoney

#3 Vantage Markets 

Vantage Market is a Forex broker with different trading platforms including the Vantage Markets app, mobile and desktop platforms for MT4 and MT5, Web platform for MT4, WebTrader, TradingView, CopyTrading, and Protrader.

Vantage Markets also offers mobile trading, affiliate programs, automated trading features, and bonuses which are available to traders from Pakistan.

Key Facts About Vantage Markets:

Feature	Broker
Available in Pakistan	Yes
Trading Platforms	Vantage Markets app, MT4, MT5, WebTrader, ProTrader, TradingView, CopyTrading, Demo Trading
Regulations	ASIC, VFSC, CIMA, SIBL
Accepted Currency	AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD
Minimum Deposit	$50 (Standard and RAW), $10,000 (Pro ECN)
Account Types	Demo, standard STP, Pro ECN, Raw ECN, SWAP FREE
Tradable Instruments	Currency pairs, CFDs on stock, indices, commodities, energy, ETFs, bonds, share CFDs, Forex, Gold, Silver, Oil, and Bonds.
Minimum Order	0.01 lot
Leverage	up to 1:500
Spreads	From 0.0 pips (Raw ECN and Pro ECN accounts), From 1.0 pip (Standard STP and CENT accounts)
Commissions	RAW ECN – 3 USD per lot Pro ECN – 1.5 USD per lot
Transaction Options	Bank wires, credit/debit cards, BPAY, PoLi, Skrill, Neteller, Astropay, Fasapay, Domestic Fast Transfer, International EFT, China Union Pay, JCB, Broker-to-Broker Transfer, Pagsmile, Perfect Money, Thailand Instant Bank Transfer

#4 RoboForex

Roboforex operates different trading platforms which include MT4, MT5, MT 4 MultiTerminal, R Stocks Trader, R MobileTrader, and R WebTrader. They also offer different accounts for a range of trading operations, such accounts are ProCent, Pro, ECN, Prime, and R StocksTrader.

This broker provides trading features like Negative Balance Protection, and One Click Trading available to traders from Pakistan.

Key Facts About RoboForex:

Feature	Broker
Available in Pakistan	Yes
Trading Platforms	MT4, MT5, R StocksTrader, MobileTrader, R WebTrader, MT 4 MultiTerminal
Regulations	FSC Belize
Currency	USD, EUR, GOLD
Minimum Deposit	$10 (Prime, ECN, Pro, ProCent), $100 (R StocksTrader)
Account Types	ProCent, Pro, ECN, Prime, R StocksTrader
Tradable Instruments	Commodities, Metals, Indices, ETFs, Stocks, Futures, Energies, Currencies
Minimum Order	0.01 lot
Leverage	1:300 (Prime), 1:500 (ECN and R StocksTrader), 1:2000 (ProCent and Pro)
Spreads	From 0.0 pips (Prime, ECN), 0.01 pips (R StocksTrader), 1.3 pips (Pro, ProCent)
Commissions	$0 (Pro and ProCent)Available (Prime, ECN, and R StocksTrader)
Transaction Options	Local Bank transfer, AstroPay, Skrill, Neteller, Perfect Money, STICPAY, Bank Cards (VISA/MasterCard/JCB/CUP), QR and Vouchers

#5 Moneta Markets 

Moneta has existed for over 10+ years and has become acceptable in several countries, including Pakistan. This broker offers different trading instruments like commodities, bonds, cryptocurrencies, Forex, Share CFDs, Metals, Energy, Crypto CFDs, Index CFDs, and ETFs.

You can access trading platforms such as MetaTrader 4 and 5, ProTrader, CopyTrader App, MetaTrader App, MT4 WebTrader, and AppTrader. You can also gain access to four accounts which include Demo, Ultra, Prime, and Direct. 

Key Facts About Moneta Markets:

Feature	Broker
Available in Pakistan	Yes
Trading Platforms	MetaTrader 4, MetaTrader 5, ProTrader, CopyTrader App, MetaTrader App, MT4 WebTrader, and AppTrader
Regulations	FSCA and SLIBC
Currency	AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL
Minimum Deposit	$50 (Prime and Direct), $20,000 (Ultra)
Account Types	Demo, Ultra, Prime, and Direct
Tradable Instruments	Indices, commodities, bonds, cryptocurrencies, Forex, Share CFDs, Metals, Energy, Crypto CFDs, Index CFDs, and ETFs
Minimum Order	0.01 lot
Leverage	Up to 1:1000
Spreads	From 0.0 pips (Prime ECN and Ultra ECN), from 1.2 pips (Direct STP)
Commissions	$1 (Ultra), $3 (Prime)
Transaction Options	Visa/Master Card, Wire Transfer, FasaPay, Neteller, Skrill, STICPAY and JCB

#6 Pepperstone

Pepperstone, established in 2010 with a focus on elevating user experience, offers a range of features. At WR Trading, we found that the platform provides two account types, Razor and Standard, and also a $0 minimum deposit requirement. 

Additionally, Pepperstone supports mobile trading, features affiliate programs, and operates with a diverse range of instruments, including CFDs on Forex, Index, ETFs, Crypto, and Indices. Moreover, Pepperstone welcomes traders from Pakistan, making it an accessible option for local investors.

Key Facts About Pepperstone:

Feature	Broker
Available in Pakistan	Yes
Account Types	Razor, Standard
Trading Platforms	cTrader, TradingView, MetaTrader 4, MetaTrader 5, Pepperstone Trading Platform, Pepperstone Mobile App
Regulations	ASIC, FCA, BaFin, CMA, CySEC, DFSA, SCB
Currency	USD, AUD, GBP, JPY, EUR, CHF, CAD, HKD, SGD, NZD
Minimum Deposit	$0
Tradable Instruments	CFDs on Forex, index, stocks, currency indices, commodities, ETFs, Crypto, Metal, Shares
Minimum Order	0.01 lot
Leverage	Up to 1:400
Spreads	Raw (Razor), Variable (Standard)
Commissions	$3.5 per lot side (Razor account)
Transaction Options	Visa/Mastercard, Bank transfer, MPESA, PayPal, Flutterwave, Neteller, Skrill

#7 IC Trading

You can access four types of accounts with IC Trading: Demo, Standard, Raw Spread, and Islamic. They also offer different trading platforms: MT4, MT5, WebTrader, ZuluTrade and cTrader.

Furthermore, currencies such as EUR, USD, GBP, CAD, AUD, HKD, NZD, CHF, SGD, and JPY are acceptable in IC Trading.

Key Facts About IC Trading:

Feature	IC Trading
Available in Pakistan	Yes
Trading Platforms	MT4, MT5, WebTrader, ZuluTrade and cTrader
Regulations	FSC
Currency	EUR, USD, GBP, CAD, AUD, HKD, NZD, CHF, SGD, JPY
Minimum Deposit	$200
Account Types	Demo, Standard, Raw Spread, and Islamic
Tradable Instruments	Crypto, Forex CFDs, indices, commodities, stocks, bonds, and Gold
Minimum Order	0.01 lot
Leverage	1:1000
Spreads	Standard Account – 0.8 pipsRaw Spread Account — 0.0 pips
Commissions	$3.5 (Raw MetaTrader), $3 (Raw cTrader), and $0 (Standard) per lot side
Transaction Options	Visa/Mastercard, Bank transfer, Flutterwave, Neteller, Neteller VIP,  Skrill, UnionPay, Wire Transfer, Bpay, Broker to Broker, Klarna

#8 XM 

XM is a reputable Forex broker accepted in Pakistan, offering a range of attractive features. Traders can access the MT4 and MT5 trading platforms via desktop, web, or mobile devices, with the added convenience of the XM App for mobile trading. 

The broker provides a variety of account options, including Micro, Standard, Ultra Low Standard, and Shares accounts, catering to diverse trading needs. Additionally, XM offers flexible funding and withdrawal methods, including bank transfers, bank cards, e-wallets, and more, making account management seamless and efficient.

Key Facts About XM:

Feature	XM
Available in Pakistan	Yes
Trading Platforms	MT4, MT5, XM App
Regulations	FSC (Belize), CySEC
Currency	USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, SGD, ZAR
Minimum Deposit	$5 (Micro, Standard, Ultra Low Standard), $10,000 (Shares Account)
Account Types	Micro, Ultra Low Standard, Standard Account, Shares account
Tradable Instruments	Forex, Cryptocurrencies, Commodities, Stocks, Futures, Energies, Metals, Turbo Stocks, Thematic Indices
Minimum Order	0.1 lot (Ultra low standard account and Micro account), 0.01 lot (Standard account), 1 lot (Shares account)
Leverage	1:1000
Spreads	From 0.8 pips (Ultra-low Standard), 1.6 pips (Micro, Standard)
Commissions	Zero commission (Micro, Standard, Ultra low Standard), Available (Shares)
Transaction Options	Bank transfers, bank cards, e-wallets, and more

#9 FBS

FBS is a global forex broker, operating in approximately 150 countries, including Pakistan. The broker provides four account types to cater to different trading needs: Standard, Cent, Demo Cent, and Demo Standard. With a minimum deposit requirement of just $5, FBS ensures accessibility for traders. 

FBS utilizes industry-leading platforms, MetaTrader 4 and MetaTrader 5, for seamless trading experiences. Furthermore, FBS offers unparalleled flexibility in deposits and withdrawals, supporting over 200 payment methods, making account management convenient and efficient.

Key Facts About FBS:

Feature	Broker
Available in Pakistan	Yes
Trading Platforms	MetaTrader 4, MetaTrader 5, FBS App
Regulations	CySEC, FSC Belize, ASIC
Currency	USD, EUR, XAU, MXN, JPY, CHF, GBP, CAD, AUD, NZD, TRY, SGD, ZAR, SEK
Minimum Deposit	$5, but this may vary for different payment systems
Account Types	Standard, Cent, Demo standard, Demo cent
Tradable Instruments	Forex, CFDs, Shares, Indices, Commodities, Metals, Energies
Minimum Order	0.01 lots
Leverage	1:3000
Spreads	From 0.7 pips
Commissions	From 0%
Transaction Options	Over 200+ payment methods. Bank wire transfers, bank cards, e-payment methods, and exchangers

#10 VT Markets

VT Markets is another reliable broker that accepts traders from Pakistan. The broker operates with different versions of MetaTrader 4 and 5 as trading platforms. There are also different accounts such as Demo MT4, Demo MT5, Standard STP account, RAW ECN account, and Islamic accounts with a minimum deposit of $100.

Key Facts About VT Markets:

Feature	Broker
Available in Pakistan	Yes
Trading Platforms	MT4, MT5, WebTrader, TradingView, VT Markets App
Regulations	ASIC, FSCA, FSC Mauritius
Currency	USD, GBP, CAD, AUD, EUR, HKD.
Minimum Deposit	$100
Account Types	Demo MT4/MT5, Standard STP, RAW ECN, Islamic
Tradable Instruments	Forex, Soft Commodities, Indices, ETFs, CFD Bonds, CFD Shares, Precious Metals, Energies
Minimum Order	0.01
Leverage	Up to 1:500
Spreads	From 1.2 pips (standard), from 0.0 pips (ECN)
Commissions	$6 (Raw ECN), $0 (Standard STP) per round turn
Transaction Options	Visa/Mastercard, Bank transfer, UnionPay, FasaPay Neteller, Skrill, Mobile pay, EU bank, Vietnam Instant Bank Wire Transfer, Thailand Instant Bank Transfer

Is Forex Trading Legal in Pakistan? 

Forex trading is legal in Pakistan, and there is no law prohibiting the act within the borders of the country. However, there are restrictions and regulatory requirements that govern the activities of brokers that can operate within the country. 

The Securities and Exchange Commission of Pakistan (SECP) is the main body responsible for regulating the activities of domestic brokers within Pakistan.

How Are Forex Brokers Regulated in Pakistan? 

Trading Brokers in Pakistan are regulated by the Securities and Exchange Commission of Pakistan (SECP), a body that has been granted the power to investigate and enforce rules concerning the banking and insurance sectors.

Security of the Regulation

Domestic brokers are regulated by the Securities and Exchange Commission of Pakistan (SECP). This body regulates Nonbank financial companies (NBFCs), Insurance Companies, and Modaraba Companies. Brokers registered under SECP are secure.

Non-domestic brokers regulated by CySEC, FCA, FSA, FSC, ASIC, BaFin, CSA, VFSC, CIMA, and SIBL are secure. These bodies have strict regulations that ensure the safety of traders. 

How To Find Out if Your Forex Broker is Regulated in Pakistan

The regulatory body governing a broker is what determines if it is recognized in Pakistan. Any broker domestic to Pakistan is registered under SECP, and safe to use. Some non-domestic brokers are allowed to serve Pakistan because of their regulations.

Some recognized international regulations include; the Cyprus Securities and Exchange (CySEC), the UK Financial Conduct Authority, the Financial Service Authority (FSA) and the Financial Services Commission (FSC), among others. 

How WR Trading Tested the Best Forex Brokers in Pakistan 

At WR Trading, we performed systematic and comprehensive research to pick our top 10 forex brokers in Pakistan. Here is how we determined them:

• We streamlined the number of brokers based on their ratings and customer reviews.
• We performed a detailed overview of their regulations and licenses, and their authorization.
• We checked that the brokers on our list allowed people in Pakistan to use their platform.
• We verified the option for Islamic trading option.
• We observed the features of the brokers such as customer service, trading features, and instruments.
• We observed the method of exchange, deposit, and withdrawal, and ensured it was compatible with Pakistani residents.
• We researched the different trading platforms; mobile, web, and laptop.
• We also did a compilation of the commodities being traded and the acceptable currencies. 
• At WR Trading, we also observed the live spreads via a live trading account. 

Supported Payment Methods for Traders in Pakistan

There are general payment methods and local payment methods that Pakistani residents can employ when trading. 

Local Payment Methods:

• PayPak.
• GoLootLo.
• EasyPaisa.
• Allied Bank Limited.
• Muslim Commercial Bank.
• Keenu Wallet

Other general methods of payment include

• Bank Transfers.
• Use of credit/debit cards.
• Use of Visa/Master card.

Conclusion: Top Forex Brokers Are Available In Pakistan

Forex trading in Pakistan is legal, however, you must be careful when picking a broker. Of the numerous brokers that allow Pakistani residents to trade, only a few are trustworthy. At WR Trading, we’ve prepared a list of the best Forex brokers in Pakistan, with their features. 

We’ve also given a detailed report showing how we at WR Trading selected the best Forex brokers in Pakistan. Furthermore, we discussed the different bodies that regulate brokers, and the ones compatible with Pakistani residents.

Frequently Asked Questions: