Looking for the best forex brokers in Pakistan?
We’ve put together a list of the top and the best forex trading brokers you can trade forex with in 2024.
All the brokers here are forex brokers with Islamic Account – Swap-Free Accounts that are compliant with the Sharia law.
Avoid the forex scams that have rocked town and trade with only regulated and registered forex brokers in Pakistan.
I’ve traded with all these brokers on a live account and have withdrawn money. That is why I recommend them.
🏅 Top Forex Brokers in Pakistan.
- 🥇 XM – Best forex broker in Pakistan.
- 🥈 ForexTime (FXTM) – Best forex broker with local funding.
- 🥉 TickMill – Best tight spreads and commissions forex broker.
- 🏅 Exness – Best forex broker with instant withdrawal
- 🏅 HotForex – Best 100% deposit bonus forex broker
- 🏅 ICMarkets – The best ECN, PayPal and Multi-platform Broker
The best forex brokers in Pakistan in 2024
ForexTime (FXTM) Review
 Open an Account | Quick info Founded: 2011 Regulator: CySEC – Cyprus, FSCA – South Africa, FCA – UK. Minimum deposit: $10 – Cent. $100 Standard. $500 ECN Leverage: Up to 1:2000 Average spread: 0 -1.5 ECN. From 1.3 – Standard Platforms: MT4, MT5, Web, Mobile |
| Why trade forex with ForexTime. – Super tight spreads – Multiple withdraw and deposit methods – Easy to open verify an account – Regulated broker – Accepts Mobile Money |
Exness Forex Broker Review
 Open an Account | Quick info Founded: 2008 Regulator: FSA, Seychelles Minimum deposit: $1 Leverage: Up to 1:2000 Average spread: 0 (Zero and Raw spread) 0.3 – Standard Platforms: MT4, MT5, Web, Mobile |
| Why trade forex with Exness. – Super tight spreads – Instant automated Withdrawals and deposits 24/7 – Multiple withdraw and deposit methods – Negative balance protection – Regulated broker – Mpesa and Mobile money broker – Funding in local currency |
IC Markets Forex Broker Review
 Open an Account IC Markets Review | Quick info Founded: 2007 Regulator: ASIC Australia, FSA Seychelles, CySEC Cyprus Minimum deposit: $200 Leverage: Up to 1:500 Average spreads : 0 (cTrader and Raw spread) and from 1.0 – Standard Commissions : only on cTrader – $6.0 and Raw Spread – $7 per lot round-turn Platforms: MT4, MT5, cTrader, Web, Mobile |
| Why trade forex with IC Markets. – Super tight spreads – Multiple withdrawal and deposit methods – Supports PayPal deposits and withdrawal – Regulated broker |
HotForex Forex Broker Review
 Open an Account. | Quick info Founded: 2010 Regulator: FCA United Kingdom, FSA Seychelles, DFSA Dubai, FSCA South Africa Account currency: USD, EUR, GBP Minimum deposit: $5 Leverage: Up to 1:1000 Average spreads: EURUSD – 1 pip, GBPUSD Commissions: $7 per lot round-turn on the Zero Spread account. Platforms: MT4, Web, Mobile |
| Why trade forex with HotForex. – Up to 100% trading bonus on deposits on some accounts – Multiple withdrawal and deposit methods – Tight spreads on the Zero spread account – Regulated in many countries – Negative balance protection |
Tickmill Forex Broker Review
 Open an Account. | Quick info Founded: 2015 Regulator: FSA Seychelles, CySEC Cyprus, FCA United Kingdom Account currency: USD, EUR, GBP Minimum deposit: $5 Leverage: Up to 1:500 Average spreads: EURUSD – 1 pip, GBPUSD Commissions: $4 per lot round-turn – only on the Pro account. Platforms: MT4, Web, Mobile |
| Why trade forex with Tickmill. – Super tight spreads – Very low commissions – Multiple withdraw and deposit methods – Regulated broker |
XM Forex Broker Review
 Open an account | Quick info Founded: 2009 Regulator: CySEC Cyprus, IFSC, FCA United Kingdom, ASIC Australia, DFSA Dubai Base currency: USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR Minimum deposit: $5 on Standard and Micro and $50 on XM Ultra-Low Account Leverage: Up to 1:888 Average spreads: 1 pip (Standard and Micro) 0.6 – on XM Ultra-Low Account Platforms: MT4, MT5, Web, Mobile |
| Why trade forex with XM. – Multiple withdraw and deposit methods – Supports mobile money funding – Negative balance protection – Regulated in many countries |
Forex Broker Reviews
| Broker | Min Deposit | Demo | Trading Platforms | Bonus | Trading Costs |
| Exness | $1 | Yes | MT4, MT5, Web, Mobile | No | From 0.1 pip spread |
| Tickmill | $5 | Yes | MT4, Web, Mobile | $30 no deposit bonus | $4 per lot round-turn |
| IC Markets | $200 | Yes | MT4, MT5, cTrader, Web, Mobile | No | From 0.1 pip spread |
| HotForex | $5 | Yes | MT4, MT5, Web, Mobile | 100% deposit bonus | From 1 pip spread |
| XM | $5 | Yes | MT4, MT5, Web, Mobile | $30 no deposit bonus. 20-50% deposit bonus. | From 1 pip spread |
