Best Forex Brokers Pakistan for Beginners 2026

Top beginner-friendly forex brokers in Pakistan with Urdu support, Islamic accounts, and local payment methods (JazzCash, Easypaisa). Start with Rs 300.

David Okonjo

Written by

David Okonjo

Lisa Martinez

Fact Checked by

Lisa Martinez

Last reviewed:
By:David Okonjo
Fact-checked by:Lisa Martinez

Top 10 Forex Brokers for Pakistani Beginners

For Pakistani beginners, learning forex requires a broker that respects Islamic principles (Swap-Free) and makes funding easy via JazzCash or local bank transfers. We've selected brokers with excellent education and low entry barriers.

Is forex trading legal in Pakistan?

Forex trading is a grey area. SBP discourages using illegal channels, but trading with international regulated brokers is common. Always use a regulated broker.

Beginner Features

Compare education quality and Urdu support.

Broker
XM₨ 1,500
Exness₨ 300
HFM₨ 0
FXTM₨ 3,000
AvaTrade₨ 30,000
OctaFX₨ 3,000
FBS₨ 1,500
IC Markets₨ 60,000
Pepperstone₨ 0
Tickmill₨ 30,000

Detailed Broker Analysis

Recommended
Best Overall for Pakistan.
4.5/5App Score

XM is very popular in Pakistan due to its Urdu support and local seminars. Low deposit of $5 makes it accessible.

Forex spread classLow
Minimum deposit₨ 1,500
Inactivity fee$5/mo
Currency pairs55
Deposit methodsLocal Bank Transfer
Withdrawal fee₨ 0
Recommended
Best App & Instant Withdrawals.
4.6/5App Score

Exness allows instant withdrawals and supports local payment methods. Ideal for beginners starting small.

Forex spread classUltra-Low
Minimum deposit₨ 300
Inactivity fee₨ 0
Currency pairs107
Deposit methodsBank Transfer, JazzCash
Withdrawal fee₨ 0
Recommended
Copy Trading Leader.
4.2/5App Score

OctaFX has deep integration with Pakistani payment systems like Easypaisa. The copy trading app is widely used.

Forex spread classLow
Minimum deposit₨ 3,000
Inactivity fee₨ 0
Currency pairs40
Deposit methodsEasyPaisa, JazzCash
Withdrawal fee₨ 0
Recommended
Excellent Tools.
4.3/5App Score

HFM offers great educational resources and copy trading. Supports local bank transfers in PKR.

Forex spread classUltra-Low
Minimum deposit₨ 0
Inactivity fee$5/mo
Currency pairs53
Deposit methodsBank Transfer
Withdrawal fee₨ 0
Recommended
Top Education.
4.4/5App Score

FXTM provides some of the best educational videos for beginners. Customer support is very responsive.

Forex spread classStandard
Minimum deposit₨ 3,000
Inactivity fee$5/mo
Currency pairs62
Deposit methodsBank Transfer
Withdrawal fee₨ 0
Recommended
Cent Accounts.
4.0/5App Score

FBS offers Cent accounts, allowing you to trade with pennies. Very low risk for absolute beginners.

Forex spread classStandard
Minimum deposit₨ 1,500
Inactivity fee₨ 0
Currency pairs37
Deposit methodsLocal Banks
Withdrawal fee₨ 0
IC Markets logo
IC Markets
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Recommended
Professional Spreads.
4.5/5App Score

IC Markets is great for automated trading but has a higher minimum deposit ($200), so better for serious starters.

Forex spread classUltra-Low
Minimum deposit₨ 60,000
Inactivity fee₨ 0
Currency pairs61
Deposit methodsSkrill, Neteller
Withdrawal fee₨ 0
Pepperstone logo
Pepperstone
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Recommended
Premium Quality.
4.5/5App Score

Pepperstone offers premium execution but limited local funding options compared to XM or OctaFX.

Forex spread classUltra-Low
Minimum deposit₨ 0
Inactivity fee₨ 0
Currency pairs97
Deposit methodsVisa, Mastercard
Withdrawal fee₨ 0
AvaTrade logo
AvaTrade
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Recommended
Fixed Spreads.
4.3/5App Score

AvaTrade offers fixed spreads and the AvaSocial app. Good for risk management.

Forex spread classStandard
Minimum deposit₨ 30,000
Inactivity fee$50/qtr
Currency pairs55
Deposit methodsCredit Card
Withdrawal fee₨ 0
Tickmill logo
Tickmill
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Recommended
Lowest Costs.
4.2/5App Score

Tickmill has extremely low spreads and commissions, but requires e-wallets like Skrill for deposits.

Forex spread classUltra-Low
Minimum deposit₨ 30,000
Inactivity fee₨ 0
Currency pairs62
Deposit methodsSkrill, Neteller
Withdrawal fee₨ 0

Frequently Asked Questions

Forex trading is a grey area. SBP discourages using illegal channels, but trading with international regulated brokers is common. Always use a regulated broker.

Yes, brokers like Exness and OctaFX accept deposits via JazzCash and Easypaisa, making it very convenient for Pakistani traders.

Exness and XM are best for small accounts. You can start with as little as $1-$5 (approx Rs 300 - Rs 1500).

As a Muslim trader, it is recommended to use a Swap-Free (Islamic) account to comply with Sharia law. All brokers listed here offer this option.

Most beginners use local bank transfers or JazzCash/Easypaisa. Withdrawals usually take 1-24 hours depending on the broker.

OctaFX is a popular broker with decent regulation (CySEC). However, ensure you are trading with the regulated entity for safety.

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

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Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026