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Written By
Jemma Grist
Written By
Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
» Jemma Grist Profile Page
Fact Checked By
James Barra
Fact Checked By
James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks.James authors, edits and fact-checks content for a series of investing websites.
» James Barra Profile Page
Updated
Mar 26, 2024
The best day trading platforms in Pakistan offer a wide range of global markets, convenient deposits in Pakistani Rupees, and are trusted. Explore our list of the best day trading brokers in Pakistan. Our experts have taken into account critical factors for day traders such as pricing, charting platforms and execution quality.
Top 5 Platforms For Day Trading In Pakistan
Following our tests, these are the top 5 platforms for day trading in Pakistan:
- AvaTrade - AvaTrade offers the full package for short-term traders. There is powerful charting software, reliable execution, transparent fees, and fast account opening with a low minimum deposit.
- RoboForex - RoboForex is a good pick for traders looking for a vast range of day trading markets with ECN accounts, powerful charting platforms and loyalty promotions. Real stocks traders will also appreciate the R Stocks Trader terminal, with automated trading capabilities.
- Exness - Exness remains an accessible broker for all experience levels, though experienced day traders will particularly appreciate the ultra-low commission rates, fast withdrawals and high-quality charting software.
- Expert Option - Expert Option will suit aspiring traders who want to access the financial markets through an options broker with a very easy-to-learn bespoke platform. The user-friendly day trading platform is clear and reliable.
- Deriv.com - Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock.
Best Day Trading Platforms and Brokers in Pakistan 2024 Comparison
| Broker | Minimum Deposit | Markets | Platforms | Leverage | Regulators | Visit |
|---|---|---|---|---|---|---|
| | $100 | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting | WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade | 1:30 (Retail) 1:400 (Pro) | ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM | Visit |
| | $10 | CFDs, Forex, Stocks, Indices, Commodities, ETFs | R StocksTrader, MT4, MT5 | 1:2000 | FSC | Visit |
| | $10 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, MT4, MT5, TradingCentral | 1:2000 | FSA, CySEC, FCA, FSCA, FSC, CBCS | Visit |
| | $10 | Options, Stocks, Commodities, Forex, Crypto, Futures, | Expert Option Web Platform | N/A | SVGFSA | Visit |
| | $5 | CFDs, Multipliers, Forex, Stocks, Indices, Commodities | Deriv Trader, MT5 | 1:1000 | MFSA, LFSA, VFSC, BFSC | Visit |
| | $0 | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting | MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade | 1:30 (Retail), 1:500 (Pro) | FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB | Visit |
| | $5 | Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures | MT4, MT5 | 1:1000 | ASIC, CySEC, DFSA, FSC, FSCA | Visit |
| | $200 | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | ASIC, CySEC, FSA | Visit |
| | $100 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | MT4, MT5, TradingView | 1:500 | FCA, ASIC, CySEC, SCB | Visit |
| | $100 | CFDs, Forex, Indices, Commodities, Stocks, Crypto | MT4, MT5 | 1:500 | ASIC | Visit |
| | $1 | Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures | MT4, MT5 | 1:1000 | BVI FSC | Visit |
| | $20 | Forex, CFDs, Stocks, Indices, Commodities, Crypto | MT4 | 1:1000 | - | Visit |
| | $0 | Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only) | MT4 | 1:500 (entity dependent) | FCA, ASIC, FSCA, SCB, FSA | Visit |
| | $50 | CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs | eToro Web, CopyTrader, TradingCentral | - | FCA, ASIC, CySEC, FSA, FSRA, MFSA | Visit |
| | $100 | Forex, CFDs, Stocks, Indices, Commodities and Cryptos | Skilling Trader, MT4, cTrader, TradingView | 1:500 | CySEC, FSA | Visit |
#1 - AvaTrade
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Review
Why We Chose AvaTrade
AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, alongside a comprehensive education center and multilingual customer support.
- Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting
- Regulator: ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM
- Platforms: WebTrader, AvaTradeGO, AvaOptions, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade
- Minimum Deposit: $100
- Minimum Trade: 0.01 Lots
- Leverage: 1:30 (Retail) 1:400 (Pro)
Pros
- Automated trading is supported through MetaTrader Expert Advisors (EAs), as well as the AvaSocial and DupliTrade tools
- There's a great range of fee-free deposit methods, including bank wire, credit cards and popular e-wallets like Skrill
- Day traders can access stable spreads and zero commissions with no hidden fees
Cons
- There is no ECN account with raw spreads
- It’s a shame that there are no rebate schemes for serious traders looking for additional perks - CMC Markets would be a better choice here
- Traders from the US are not accepted
Visit AvaTrade
#2 - RoboForex
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Review
Why We Chose RoboForex
RoboForex is a global broker launched in 2009 and regulated by the Belize FSC. The firm offers more than 12,000 instruments spanning 9 asset classes with trades from 0.01 lots and spreads from 0 pips. The broker's advanced copy trading tool is also home to thousands of active day traders.
- Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs
- Regulator: FSC
- Platforms: R StocksTrader, MT4, MT5
- Minimum Deposit: $10
- Minimum Trade: 0.01 Lots
- Leverage: 1:2000
Pros
- Automated trading is permitted in all platforms with user-friendly robot builders and strategy testing features
- You can access commission-free trading on thousands of US stocks
- There's a VPS server for experienced investors looking for 24/7 uninterrupted trading
Cons
- The broker's offering varies between accounts, especially in regard to market access, leverage and additional perks
- The broker's range of 40+ currency pairs is mediocre - one of our top award-winners, Pepperstone, offers 90+
- The demo account expires after only 90 days, which is more restricting than some competitors - OANDA's demo, for example, does not have a time limit
Visit RoboForex
#3 - Exness
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Review
Why We Chose Exness
Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 260,000 clients, several awards and reputable licensing, the broker has maintained its position as a highly respected global brand. Active day traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.
- Instruments: CFDs, Forex, Stocks, Indices, Commodities, Crypto
- Regulator: FSA, CySEC, FCA, FSCA, FSC, CBCS
- Platforms: Exness Trade App, MT4, MT5, TradingCentral
- Minimum Deposit: $10
- Minimum Trade: 0.01 Lots
- Leverage: 1:2000
Pros
- Local payments are available, plus deposits in BTC and USDT
- Exness is the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes
- The broker offers fast execution speeds for short-term traders, averaging under 25ms
Cons
- There are no promotional deals or loyalty schemes for high-volume day traders
- Unlike most competitors, Exness doesn't provide its own education section
- There are several regional restrictions for retail traders including the USA, Europe and the UK
Visit Exness
#4 - Expert Option
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Review
Why We Chose Expert Option
Expert Option is an offshore broker that offers a simple and intuitive trading experience through a bespoke, user-friendly platform. Short-term traders can access 100 popular assets via binary options contracts with payouts up to 95%, free educational resources, and market data available to upper-tier account holders.
- Instruments: Options, Stocks, Commodities, Forex, Crypto, Futures,
- Regulator: SVGFSA
- Platforms: Expert Option Web Platform
- Minimum Deposit: $10
- Minimum Trade: $1
- Leverage: N/A
Pros
- The analytical tools for higher-level accounts are a useful addition for experienced day traders
- High payouts up to 95% are above the industry average
- There's a decent range of educational resources, including trading strategies, webinars and platform tutorials
Cons
- The broker doesn't offer any popular leveraged products such as CFDs
- The SVGFSA is a weak financial regulator with limited safeguarding measures
- There's a very small list of binary assets with just 100 on offer compared to 1000+ offered by some competitors
Visit Expert Option
#5 - Deriv.com
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Review
Why We Chose Deriv.com
Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs and multipliers, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.
- Instruments: CFDs, Multipliers, Forex, Stocks, Indices, Commodities
- Regulator: MFSA, LFSA, VFSC, BFSC
- Platforms: Deriv Trader, MT5
- Minimum Deposit: $5
- Minimum Trade: 0.01 Lots
- Leverage: 1:1000
Pros
- Deriv continues to offer fast and reliable 24/7 support and the WhatsApp service is particularly convenient
- The free demo account is ideal for practicing short-term trading strategies and no registration is required
- Beginners and experienced day traders can access a good range of 20+ technical indicators in Deriv Trader vs 30+ in MT5
Cons
- There's no loyalty program or rebate scheme for high volume traders
- There are limited copy trading tools and analysis features compared to alternatives like IQ Cent
- The range of 100+ assets trails some competitors such as Quotex which offers 400+
Visit Deriv.com
Choosing A Day Trading Broker in Pakistan
Our selection of the best day trading brokers in Pakistan is based on years of industry experience and considers several important areas, notably:
Regulation & Trust
The top day trading platforms in Pakistan are authorized by a trusted regulator, ensuring high levels of safeguards while protecting against scams, which have impacted Pakistani traders in recent years.
Arab News reported that scammers behind the online trading firm, PSlash, swindled Rs5.6 billion from over 100,000 people in the northwest province of Khyber Pakhtunkhwa.
The regulator responsible for overseeing the country’s financial markets is the Securities and Exchange Commission of Pakistan (SECP), which requires brokers to adhere to certain rules, such as segregating client funds and submitting quarterly audits.
However, the SECP is not the most established regulator, therefore, many platforms that accept Pakistani traders are often regulated in other jurisdictions, such as Australia and parts of Europe.
💡
You can check whether a day trading broker is regulated by entering its name or license number into the respective regulator’s register.
- AvaTrade continues to offer one of the most regulated environments for day traders, with top-tier licenses in major regions, including the Middle East. The firm also boasts a stellar reputation spanning 15+ years and offers a bespoke risk management feature, AvaProtect.
Market Coverage
Finding a broker with a good selection of markets is crucial for day traders since building a diversified portfolio will help to minimize exposure to risk and maximize trading opportunities.
Despite the Pakistani Rupee (PKR) not playing a major role in the foreign exchange market, many traders in Pakistan may be looking for traditional forex day trading opportunities in popular currency pairs such as the EUR/USD.
We also look out for equities and indices from the South Asian or MENAP regions (Middle East, North Africa, Afghanistan and Pakistan), for example, major stocks listed on the Pakistan Stock Exchange (PSX).
Contracts for difference (CFDs) are among the most popular ways to make short-term trades in the financial markets. CFD day trading can be an effective way to speculate on upward and downward price movements in assets, such as Pakistani stocks, without taking direct ownership of shares.
- eToro is a great choice for day traders looking for excellent market access. Pakistani traders can explore all major asset classes including 50+ currency pairs, 4,500+ stocks from a range of global exchanges, including Saudi Arabia, plus hundreds of ETFs including regional favorites like the iShares MSCI India ETF.
Day Trading Fees
Frequent trades in high volumes, which is typical of day traders, can quickly increase transaction costs, which is why we prioritize platforms with low trading and non-trading fees.
Spreads and commissions, in particular, are routinely assessed by our experts using real money and demo accounts during the most popular times of the day, and across forex, commodities, stocks and cryptos, considering the preferences of different traders.
We also consider overnight fees, inactivity charges and currency conversion fees if transferring Pakistani Rupees to another account currency, which is likely given that the vast majority of day trading platforms do not support PKR as a base currency.
- Exness is one of the few brokers to support PKR as a base currency, helping to minimize conversion fees for Pakistani traders. Additionally, there are no account maintenance or deposit fees, and spreads remain competitive starting at 0.0 pips on major assets like EUR/USD.
Execution Speed and Quality
Platforms with good execution quality are important for investors day trading in fast-moving markets, especially volatile stocks like the Pakistan Tobacco Co Ltd (PAKT).
This means low latency and reduced slippage (the time and price difference between the requested price and actual price), helping short-term traders secure desired prices.
As part of our evaluations, we verify execution speeds where possible. We consider anything below 100 milliseconds ‘fast’ for day trading.
- IC Markets offers some of the fastest execution speeds in the industry, hitting as low as 35 milliseconds and powered by institutional-grade fibre-optic connections between data servers.
Charting Platforms
Day traders require a reliable environment to run technical analysis and execute short-term trading strategies. Therefore, we test the platform’s charting package including technical indicators, chart styles and timeframes.
For newer traders, we’ve found proprietary platforms or mobile apps often provide a scaled-down interface and charting package for those favoring simplicity.
Extras like a pre-integrated news feed, economic calendar and market analysis are particularly valuable for day traders looking for an all-in-one solution.
Some leading solutions also come with a suite of scripts, robots and algorithms for seasoned traders, namely software like MetaTrader 4 and cTrader.
- RoboForex offers a superb suite of trading platforms, tailored to beginners and advanced day traders. The firm offers industry favorites, MT4 and MT5, plus an intuitive proprietary stock trading solution, R Stocks Trader, as well as a copy trading tool.
Leverage and Margin
Trading with leverage is an important aspect of day trading, allowing you to magnify potential profits using a small outlay.
For example, leverage of 1:5 on stocks in Pakistan Petroleum Ltd (PPL) would allow me to multiply my trading position and subsequent results (profits and losses) by 5.
The risk of losses is high while day trading with leverage. As such, it’s crucial to employ risk management techniques to help protect your capital, such as stop-loss orders.
Jemma Grist
Author
- Pepperstone’stransparent leverage and margin requirements help day traders understand the upfront capital required, plus margin call and stop-out levels. Retail traders can access leverage up to 1:30 on major assets, such as key currency pairs.
Methodology
To identify the top day trading brokers in Pakistan, we first determined which brokers accept Pakistani traders. We then ranked them based on an overall rating that considers critical factors, including:
- We verified that each platform is authorized by a trusted regulator, if not the SECP then another body.
- We ensured the platform offers a wide range of global markets for short-term trading.
- We prioritized brokers with competitive trading and non-trading fees.
- We checked that the broker delivers reliable charting platformsfor short-term market analysis.
- We favored brokers with transparent leverage and margin requirements.
- We picked day trading platforms with convenient deposits in Pakistani Rupeesand an accessible minimum investment.
- We prioritized brokers with reliable order executionsfor fast-paced day traders.
FAQ
Who Regulates Day Trading Platforms In Pakistan?
The Securities and Exchange Commission of Pakistan (SECP) is the regulator which oversees the financial markets in Pakistan, including online trading platforms.
That said, the SECP is not the most respected regulator and as such, many brokers who accept Pakistani day traders are often regulated by other global authorities, such as the FCA in the UK or the ASIC in Australia.
Which Are The Best Day Trading Platforms In Pakistan?
See our list of the best day trading platforms in Pakistan to find the most suitable broker for your requirements.
All platforms have been tested by our experts and offer optimal conditions for Pakistani day traders, including a wide range of financial markets and short-term trading products, strong regulatory oversight, and convenient deposits in Pakistani Rupees.
How Much Capital Do I Need To Start Day Trading In Pakistan?
Based on our extensive analysis, most brokers in Pakistan allow day traders to open an account with 250 USD or less, around 70,000 PKR.
However, many budget-friendly day trading platforms let you start with no minimum deposit – the highest-rated in Pakistan are Pepperstone and Trade Nation.
Recommended Reading
Article Sources
- Securities and Exchange Commission of Pakistan (SECP)
- Pakistan Stock Exchange Limited (PSX)
- iShares MSCI India ETF - iShares
- Pakistan Tobacco Co Ltd (PAKT) - PSX
- Pakistan Petroleum Ltd (PPL) - PSX
- Pakistani Online Trading Scam - Arab News
The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com
