Compare 4 Best CFD Brokers in Pakistan 2024

By:

James Knight

James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.

Updated:  Sep 9, 2024

Listen

---

---

0:00 / 07:03

Ad disclosure

Invezz is an independent platform with the goal of helping users achieve financial freedom. In order to fund our work, we partner with advertisers who may pay to be displayed in certain positions on certain pages, or may compensate us for referring users to their services. While our reviews and assessments of each product are independent and unbiased, the order in which brands are presented and the placement of offers may be impacted and some of the links on this page may be affiliate links from which we earn a commission. The order in which products and services appear on Invezz does not represent an endorsement from us, and please be aware that there may be other platforms available to you than the products and services that appear on our website. Read more about how we make money >

8 min read

This detailed guide is the result of our extensive research. We’ve picked out the top CFD trading platforms that offer the best service to help you start CFD trading in Pakistan.

To identify the best services, we created a checklist of key criteria that a Pakistan CFD broker must meet in order to earn a high ranking. The features it must offer include:

• Regulatory approval from the Securities & Exchange Commission of Pakistan (SECP), the financial regulator in Pakistan
• A low-cost way to trade CFDs in Pakistan
• A free demo account for beginners
• A significant number of available trading instruments to invest in, including stocks, forex, commodities, and crypto CFDs where available

The results are clear: Our panel recommends Exness as the best CFD broker in Pakistan for 2024.

Best CFD brokers Pakistan

Alongside Exness , a number of other Pakistan CFD brokers impressed the experts. We rank these platforms highly, as CFD trading platforms in Pakistan that offer a secure, simple, and low cost trading experience.

Most popular

1

Min. Deposit

-

Best offer

User Score

9.0

Trade with Exness to enjoy better-than-market conditions and a friction-free online trading experience

The Exness Group is an international award-winning broker, with licenses in Seychelles, Cyprus, UK, South Africa and Kenya

Flexible funding- Choose from multiple currency funding options

Start Trading more info

Payment Methods:

Bank Transfer, Debit Card, neteller, Credit Card, Visa, Mastercard, American Express, Perfect Money, Apple Pay, Google Pay, Discover, Electron, Sticpay, Bank Transfer: EPS, skrill

Full Regulations:

CMA Lebanon, CySEC, FCA, FSA, FSC, FSCA

Exness does not offer services to residents of certain jurisdictions including the USA, Iran, North Korea and others. The content of the website including translations should not be construed as means for solicitation. Investors make their own and independent decisions. Trading in CFDs and generally leveraged products involves substantial risk of loss and you may lose all of your invested capital.

2

Min. Deposit

-

Best offer

User Score

8.8

Low cost spreads from 0.0 pips, $2.25 commission

Diverse Instruments: Forex, commodities, indices, crypto.

Regulated overseen by ASIC and VFSC.

Start Trading more info

Payment Methods:

Bank Transfer, Debit Card, PayPal, neteller, Credit Card, FasaPay, Online Naira, Perfect Money, skrill

Full Regulations:

ASIC, VFSC

3

Min. Deposit

-

Best offer

User Score

8.5

We offer one of the best execution speeds in the industry with low latency

Award-winning support in 14 languages

Trade with precision from 0.5 pips on EURUSD

Start Trading more info

Payment Methods:

Bank Transfer, Debit Card, PayPal, neteller, Credit Card, Sofort, Bank Wire, skrill

Full Regulations:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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.

Our top 4 best CFD trading platforms in Pakistan, reviewed & compared

1. Exness. Best for tight spreads and a pro-style trading experience.

Copy link to section

Visit site

From $0.2 per lot

Fees

$...

Minimum deposit

300

No. assets

No

Demo/virtual account

Pros & Cons

Trade all major asset classes with zero commission Competitive spreads starting from 0.3 pips on standard accounts Highly flexible trading terminal available on mobile app, desktop, and web browser Top-tier regulation and negative balance protection

Restricted access in the US and UK

Overview

We love Exness because of its tight spreads, which make it a top choice for traders looking to minimize trading costs and maximize profitability. The brokerage offers some of the most competitive spreads in the industry, especially on markets like stocks. Excess offers 80+ stocks via CFDs from some of the worlds largest companies.

Its focus on low trading costs is ideal for both newbies and experienced traders looking to trade with minimal overheads. Exness also stands out for its range of trading terminals. It offers MetaTrader 4, MetaTrader 5, and the Exness web terminal. There’s also a dedicated mobile app meaning you’ll be able to always access your account. 

Beginners can take advantage of a free demo account or micro-lots for low minimum trades, while more experienced traders can use the hundreds of pre built indicators available on the MetaTrader suite. 

The fees: Standard accounts aren’t charged a commission but are charged through the spread. Spreads start from 0.3 pips on stocks. Overnight fees apply on some assets (exc. swap-free accounts).

Highlights

Features	Exness summary
No. of tradable assets	250+
Min. Deposit	From $10
ID verification required	Yes
Free demo account	Yes
Supported assets	Stocks, Cryptocurrencies, Commodities, Currencies
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSCA, FCA, CySEC, FSA, BVIFSC
View more >	Exness >

Visit Exness Exness Review

Exness does not offer services to residents of certain jurisdictions including the USA, Iran, North Korea and others. The content of the website including translations should not be construed as means for solicitation. Investors make their own and independent decisions. Trading in CFDs and generally leveraged products involves substantial risk of loss and you may lose all of your invested capital.

2. Pacific Union. Best for social trading & customer support

Copy link to section

Visit site

...

Fees

$...

Minimum deposit

200

No. assets

No

Demo/virtual account

Pros & Cons

70+ forex pairs and 200+ financial assets available to trade Extremely low minimum trade sizes Multilingual support in 18+ languages

Minimum withdrawal of $100 Fewer assets than many competitors

Overview

We love Pacific Union because its beginner friendly platform comes loaded with lots of educational content, including how to guides and video learning. Pacific Union offers over 200 stock CFDs for some of the world’s biggest companies.  

It’s an award-winning broker and has a proprietary social trading application that makes it easy for beginners to follow the strategies and positions of the platform’s top traders. Pacific Union uses the popular Metatrader 4 software alongside its mobile and web based apps. Traders can choose the amount of leverage they want to use, all the way up to 500:1.

The fees: Commission starting at 0.1 points is charged on select stock CFDs across all account types. Spread starts at 0.5 points and applies to all stocks. Swap charges for holding a trade overnight vary depending on size.  

Highlights

Features	summary
No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies
View more >	>

Visit Review

Contracts for Difference (CFDs) trading carries a high level of risk to your capital and can result in losses, you should only trade with money you can afford to lose. CFDs trading may not be suitable for all investors, please ensure that you fully understand the risks involved and take appropriate measures to manage it.

Is CFD trading legal in Pakistan?

Yes, you can legally trade CFDs in Pakistan. However, certain aspects of CFD trading are regulated by the Securities & Exchange Commission of Pakistan (SECP). The restrictions generally work in your favour, as they are designed to protect traders from large, unexpected losses.

Primarily this means there are limitations on the amount of leverage that CFD brokers in Pakistan can offer, along with a limit on the maximum losses any retail customer account can experience. In addition, they must clearly warn traders of the risks involved so you can make informed trading decisions.

How to find a reliable CFD broker in Pakistan

The key features that separate the best CFD broker in Pakistan from the rest are security, cost, the range of markets available. Keep those in mind and you won’t run into too many problems. 

If you need more help making up your mind, use this short Q&A to find the best CFD trading platform in Pakistan.

Are CFD brokers in Pakistan regulated?

Yes, CFD trading platforms in Pakistan are licensed and regulated by the Securities & Exchange Commission of Pakistan (SECP). The Securities & Exchange Commission of Pakistan (SECP) sets the rules on Pakistan CFD trading, such as how much leverage is available when you trade a contract for difference (CFD), along with which assets and markets are available.

The best CFD brokers in Pakistan often hold several licences across various jurisdictions. Here’s a look at the top 3 CFD platforms in Pakistan:

How else do CFD trading platforms in Pakistan protect me?

The top CFD brokers in Pakistan offer negative balance protection, which is a form of insurance that protects you from losing more money than you have in your account. This is particularly useful if you use leverage or short CFDs, as it’s possible to lose significantly more than the initial value of your trade.

A Pakistani CFD broker should also protect you by providing Two Factor Authentication (2FA) to secure your account and with a customer service line that’s always open and available to help. 

What types of Pakistani CFD brokers are there?

Most of the time, you’re going to be dealing with market makers. A market maker is a CFD broker in Pakistan that effectively creates a market for any asset at all times, so you can always buy or sell.

Other forms of Pakistan CFD brokers include direct market access (DMA) brokers or STP/ECN brokers. These offer faster trade execution or allow you to buy and sell from other traders directly, rather than through an intermediary. Though the truth is that these services are geared towards professional or high volume traders, rather than casual users.

How much do CFD brokers in Pakistan cost?

Most CFD brokers in Pakistan offer no-commission trading, so you don’t have to pay each time you make a trade. However, the costs come elsewhere, usually in the form of the spread.

The spread is the difference between the buy and sell price of a contract for difference (CFD). The best Pakistan CFD trading platforms make money by taking a cut of that difference, so you can compare the costs of using different platforms by comparing the spreads. The lower the difference between the buy and sell price, the more cost-effective a platform is.

Which assets can I trade through a Pakistan CFD broker?

Any CFD broker in Pakistan will offer currency and commodity markets. CFDs are the most common way to trade forex and commodities like gold and oil.

Then the rules can change depending on the whims of the Securities & Exchange Commission of Pakistan (SECP). Generally, you can trade stock CFDs, though the available companies may vary. In addition, you may be able to trade:

• Crypto CFDs
• ETF CFDs
• Indices CFDs

Though the regulation for crypto CFDs, in particular, can change rapidly.

To buy and sell the underlying assets, rather than using CFDs, consider using the best brokerage accounts in Pakistan, the best forex brokers in Pakistan, or the best crypto exchanges & apps in Pakistan.

Can I use leverage to trade CFDs in Pakistan?

Yes, it’s common and legal to trade CFDs with leverage in Pakistan. The maximum permitted leverage is set by the Securities & Exchange Commission of Pakistan (SECP), and all CFD brokers in Pakistan must abide by those rules.

In reality, each CFD broker in Pakistan also offers differing leverage on different assets. Currency pairs offer the most leverage, as it’s a vital part of successful forex trading, while stock and crypto CFDs generally offer the lowest.

Are there any other ways to trade?

Yes, one of the most appealing aspects of CFD trading for beginners is the fact you can use CFDs to trade for and against the market. Shorting is when you place a trade on an asset or market to fall in value, and is a very popular way to trade.

Because of that, you can also use CFDs to hedge other trades that you have open. This is where you place a trade on the opposite position to one you made previously. It’s used as a risk management strategy to minimise losses or lock in profit in case something changes.

Do CFD platforms in Pakistan offer professional trading accounts?

Yes, generally they do, although the qualifications can be steep. Most of the best trading platforms in Pakistan offer a retail account to all users, then provide faster execution speeds or lower spreads to high volume users who must meet certain capital requirements.

How to start trading CFDs in Pakistan

Follow this guide to learn how to use a CFD trading platform in Pakistan and to place your first CFD trade.

To summarise

CFD trading is a popular and accessible way to trade for all Pakistan users, but there are a few risks as well. Pakistani CFD providers give you access to global markets and a greater range of trading options, so you can back markets to go both up and down.

However, using leverage can lead to significant losses and, with CFDs, you don’t own the underlying assets themselves, so you have less investor protection than – for example – company shareholders.

This guide picks out the 4 best CFD brokers in Pakistan, based on their cost, accessibility, and the range of products available. Once you fully understand the pros and cons, choose any of the top CFD trading platforms above to get started with. It only takes a few minutes to start trading CFDs in Pakistan. 

FAQs