5 Best Trading Apps in Pakistan for 2024

In this guide, our experts have rated the 5 best online brokers in Pakistan to buy, sell and trade stocks for beginners.
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Updated: Jun 4, 2024
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The Invezz team of expert traders, data analysts, and financial writers frequently test the best trading platforms & online brokers. Amongst a range of features, we ranked the top online brokers in Pakistan according to their affordability, security, and available international markets.

Once we came up with a preliminary list, we surveyed our Pakistani users to gather their thoughts and feedback on each of the top trading apps in Pakistan.

Armed with that information we created a final ranking to answer the question: what are the best online brokers in Pakistan for Pakistani users?

What is the best stock trading app in Pakistan?

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Our rankings reveal that the best online broker in Pakistan is Exness .

Having assessed 100+ brokers, this list represents the three services that top our rankings as the overall best online trading platforms in Pakistan. 

Sort by:

1
Min. Deposit
Best offer
User Score
8.9
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
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
$ 500
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
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.
3
Min. Deposit
$ 250
Best offer
User Score
8.0
400+ financial products in Forex, Stocks, Indices, CFDs, Commodities and Cryptocurrencies
Expert marketing materials
World class customer support
Start Trading
Payment Methods:
Credit Card, Wire Transfer, skrill
Full Regulations:
CySEC
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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.

Top 5 online brokers in Pakistan, reviewed & compared

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

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From $0.2 per lot

Fees

$10

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 it offers tight spread trading and a bespoke trading experience. Exness offers 80+ stocks from leading US exchanges, including the likes of Apple, Amazon, and Google.

Exness offers a great range of pro-style trading tools and a variety of account types to suit all experience levels. Beginners can take advantage of a free demo account or micro-lots for low minimum trades, while more experienced traders can use the Exness terminal or plug it into the MetaTrader software and trade from there.

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

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

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pacific union logo

Fees

Minimum deposit

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

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.

How we chose the best online trading platform in Pakistan

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Our reviewing panel is made up of industry experts, including Data Analyst, Dan Ashmore, CFA, our Editor of News, Harsh Vardhan, journalist Katya Stead, and expert trader, Prash Raval. The panel also includes an independent fact checker, Richard Stutely.

Here are the key factors that played into our final ranking of the best stock brokers in Pakistan.

  • Fees. We prioritised Pakistani brokers that offer commission-free trading, charge low trading fees, don’t charge deposit or withdrawal fees, and don’t charge any hidden fees.
  • Device availability. An online trading platform that is available across all devices as a mobile app deserves a boost. In a mobile world, you need the best stock trading app in Pakistan to work across mobile, tablet, and desktop. 
  • Platform security. All services we recommend are regulated by respected financial institutions and provide investor protection in the event that anything goes wrong.
  • Free demo accounts. All the best stockbrokers in Pakistan should offer the chance to test their service before you pay for it. We gave the brokers with the best demo accounts a boost in our rankings.
  • Access to global markets. International stock brokers in Pakistan that allow you to invest in global markets, particularly popular ones like the United States, scored well in our reviews.
  • Trading and analysis tools. An online stock broker that offers analysis tools makes it easier to do all your research and trading in one place. Any online broker that offered this convenience scored well.
  • Third-party integrations. You might want to use a piece of downloadable, third-party software like MetaTrader 4, MT5, or cTrader to place your trades. The best trading software in Pakistan should integrate with these services and those that did so received a higher ranking. 
  • Customer reviews. Finally, we looked into customer reviews, to make sure that we only recommend the best investment platforms in Pakistan where the majority of Pakistani customers had a positive experience.

Find out more about how we rate, rank, and review platforms.

More about stock trading platforms in Pakistan

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What products can I trade with a Pakistani stock broker?

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You can trade stocks from Pakistan, or invest in leading companies from around the world. Here’s a breakdown of what (and how) you can trade financial markets with the best online brokers Pakistan.

Stocks

  • Pakistani stocks. One investment option is to simply buy and sell stocks that are listed in Pakistan. Investing in the Pakistani market is normally the most straightforward option for Pakistani residents, as you can buy shares in any company that’s listed on a Pakistani stock exchange.
  • US stocks. Some of the best known companies in the world are listed in the United States. The best online broker in Pakistan will also let you invest in stocks that are listed on the NYSE or the NASDAQ exchange in the US, but it depends on the legal restrictions in Pakistan.
  • International stocks. You may also be able to buy shares in companies that are based in the rest of the world. The best international brokers in Pakistan offer global stocks, but it may be a limited selection. If you want to buy equities from outside Pakistan or the US, be sure to check those stocks are available through your online broker before you sign up.

ETFs

ETFs (exchange traded funds) are investment funds that pool money together from lots of different investors and use it to track a particular index, like the S&P 500. Even if you can’t invest in every stock from every country, you can usually find an alternative in an ETF that tracks the performance of Pakistan’s top stock exchanges and indexes. 

Mutual funds

Mutual funds are professionally managed investments. You buy shares in the fund through an investment platform and the manager decides what to invest it in. Typically, a fund manager chooses a mixture of global stocks, local Pakistani stocks, and ETFs that track global indices from across the world.

Mutual funds and ETFs are similar, but the former are managed by a professional who tries to beat the market, while the latter buy and sell stocks automatically based on a set of fixed criteria. Typically a mutual fund charges higher management fees every year because of the extra work involved. The best stock broker in Pakistan should allow you to invest in stocks from Pakistan, as well as ETFs and mutual funds.

Futures and options

Futures and options contracts involve making an agreement to purchase a stock in the future at an agreed price. They’re favoured by stock traders and can be used as a way of speculating on how you think a company’s price might change in the future.

Other assets

Most trading platforms in Pakistan offer a variety of assets alongside stocks, funds, and ETFs. With the best Pakistani brokers you can create a diversified portfolio made up of leading global stocks, ETFs, cryptocurrencies, and dabble with trading currency pairs and commodities as well.

Compare the assets available with each of the top Pakistani brokers below.

Product Exness assets
Stocks 84+
Currencies 117+
Cryptocurrencies 37+
Indices 17+
Commodities 18+
View more > Exness >

You should keep in mind, however, that to invest in other financial products from Pakistan, you may be better off using a different type of trading platform.

For example, for trading currency pairs you want one of the best forex brokers in Pakistan, for cryptocurrencies like Bitcoin, the best crypto exchanges in Pakistan. The best cfd brokers in Pakistan offer a range of financial assets, including many of the options above.

How much does it cost to use the best online trading platforms in Pakistan?

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It is normally free to sign up to a stock trading platform in Pakistan. The main cost comes in the form of trading fees, which depend on the platform and on what you want to trade. Some of the best stock trading apps in Pakistan offer completely free trading, while others charge a flat fee or commission per trade.

Here’s a comparison of the trading fees across our highest rated Pakistani brokers.

Asset Exness fees
Cryptocurrencies From $0.2 per lot
Commodities From $0.2 per lot
Currencies From $0.2 per lot
Indices From $0.2 per lot
Stocks From $0.2 per lot
ETFs From $0.2 per lot
View more > Exness >

Another way an online broker in Pakistan might charge you is via the spread. The spread is the difference between the buy and sell price of an asset, and effectively serves as a commission the broker is charging you on top of the market price. The smaller the spread, the better value you’re getting from your broker.

Here’s a comparison of the spreads across the top Pakistani trading platforms.

Product Exness spreads
Stocks From 0.3 pips
Currencies From 1 pip
Cryptocurrencies From 8.5 pips
Indices From 6 pips
Commodities From 6 pips
View all tradable assets > Exness >

On top of the trading fees and spreads, there may be other charges for using your online broker account. These can include inactivity fees, where you’re charged if you don’t use your account for a period of time (usually 3-6 months), as well as overnight fees, which only apply if the broker is also a CFD platform, or even an account maintenance fee.

Here’s a look at the types of fees different brokers in Pakistan charge, to give you a complete picture of the cost of trading with the top brokers in Pakistan.

Fee Exness fees
Trading fees Standard accounts: no Professional accounts: yes
Inactivity fees No
Rollover/overnight fees Standard accounts: Yes, on some assets Islamic accounts: no
Withdrawal fees No
Spreads Yes
Conversion fees No
View more > Exness >

Are stock brokers in Pakistan regulated?

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Yes, online brokers have to be regulated in order to offer share dealing services. Ideally, you want to find a broker that offers top-tier regulatory protection either through your local regulator, or through an internationally recognised institution. 

The best brokers in Pakistan are regulated by the Securities & Exchange Commission of Pakistan (SECP), which provides a license for these firms to operate and governs their actions in order to protect investors. Use the Securities & Exchange Commission of Pakistan (SECP) database to check if your favourite online broker is regulated to operate in Pakistan.

On top of that, many online brokers in Pakistan are based elsewhere but regulated to operate internationally through institutions such as CySEC (the Cyprus Securities and Exchange Commission). Here are the best online brokers in Pakistan and where they’re regulated across the world.

Region Exness regulators
Africa FSCA
Asia
Australasia
Europe FCA, CySEC
International
North America FSA, BVIFSC
South America
View more > Exness >

How much money do I need to start using an online broker in Pakistan?

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Typically, the minimum deposit for each Pakistani broker is the equivalent of $10. This is a manageable amount for most users, though you should also consider the minimum trade size on each platform. This governs the smallest investment you can make, so if you plan to invest small amounts then it is a crucial number to think about.

Compare the minimum and maximum trade sizes for each top broker in Pakistan right here.

Product Exness minimum trade
Stocks 0.01 lots
Cryptocurrencies 0.01 lots
Cryptocurrencies 0.01 lots
Indices 0.01 lots
Commodities 0.01 lots
View more > Exness >

Which trading app in Pakistan has the best user reviews?

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As part of our research process we gathered up reviews and feedback from Pakistani users to help us finalise the rankings. Below is a summary of the feedback and ratings we received about each platform.

Review source Exness rating
View more > Exness >

How to buy stocks in Pakistan

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Every stock trading app in Pakistan is designed to help you invest with the minimum of fuss. 

Follow this six step guide to learn how to buy shares online in Pakistan for the first time.

1. Find a Pakistani trading app

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Compare the best online stock brokers in Pakistan and choose your favourite from the list at the top of this page.

2. Create an account

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Once you’ve chosen the best broker Pakistan, set up an account by supplying your email address and password. Fill in personal details like your name and address.

3. Verify the broker account

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Before you use an online trading platform in Pakistan you need to verify your identity. Upload a copy of your driving licence or passport to do this. The verification process can take up to 24 hours, but is often much quicker than that.

4. Deposit money into your trading account

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You can make your initial deposit via a card payment, bank transfer, or an alternative payment method. Many of the best online brokers in Pakistan accept PayPal and similar e-wallets, but you should check this ahead of time.

5. Search for a stock and place your trade

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Find the stocks you want to trade using their ticker symbol. Enter the details of your trade, and hit ‘buy’ to execute it.

6. Monitor your investment

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Check up on your investment regularly. Use the latest news and stock market research to help you decide when to sell your shares, and lock in a profit or loss.

Choose a broker

FAQs

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What’s the best broker for beginners in Pakistan?
What’s the best investment platform in Pakistan?
What’s the cheapest online broker Pakistan with the lowest fees?
Which trading app is best in Pakistan?
Which investment platform in Pakistan has the best demo account?
What’s the safest broker in Pakistan?
Is it legal to trade stocks in Pakistan?


Sources & references
Risk disclaimer
James Knight
Editor of Education
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.