Best Day Trading Platforms and Brokers in Pakistan 2024

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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.
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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.
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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:

  1. 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.
  2. 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.
  3. RoboForex - RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists.
  4. 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.
  5. 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

Best Day Trading Platforms and Brokers in Pakistan 2024 Comparison
Broker Minimum Deposit Markets Platforms Leverage Regulators Visit
AvaTrade logo
$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
Exness logo
$10 CFDs, Forex, Stocks, Indices, Commodities, Crypto Exness Trade App, MT4, MT5, TradingCentral 1:2000 FSA, CySEC, FCA, FSCA, FSC, CBCS Visit
RoboForex logo
$10 CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures R StocksTrader, MT4, MT5, TradingView 1:2000 IFSC Visit
Expert Option logo
$10 Options, Stocks, Commodities, Forex, Crypto, Futures, Expert Option Web Platform N/A SVGFSA Visit
Deriv.com logo
$5 CFDs, Multipliers, Forex, Stocks, Indices, Commodities Deriv Trader, MT5 1:1000 MFSA, LFSA, VFSC, BFSC Visit
Pepperstone logo
$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
XM logo
$5 Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures MT4, MT5 1:1000 ASIC, CySEC, DFSA, FSC, FSCA Visit
IC Markets logo
$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
Eightcap logo
$100 CFDs, Forex, Stocks, Indices, Commodities, Crypto MT4, MT5, TradingView 1:500 ASIC, FCA, xCySEC, SCB Visit
DNA Markets logo
$100 CFDs, Forex, Indices, Commodities, Stocks, Crypto MT4, MT5 1:500 ASIC Visit
eToro logo
$50 CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs eToro Web, CopyTrader, TradingCentral - FCA, ASIC, CySEC, FSA, FSRA, MFSA Visit
InstaForex logo
$1 Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures MT4, MT5 1:1000 BVI FSC Visit
LQDFX logo
$20 Forex, CFDs, Stocks, Indices, Commodities, Crypto MT4 1:1000 - Visit
Trade Nation logo
$0 Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only) MT4 1:500 (entity dependent) FCA, ASIC, FSCA, SCB, FSA Visit
Skilling logo
$100 Forex, CFDs, Stocks, Indices, Commodities and Cryptos Skilling Trader, MT4, cTrader, TradingView 1:1000 CySEC Visit

#1 - AvaTrade

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

  • There's a great range of fee-free deposit methods, including bank wire, credit cards and popular e-wallets like Skrill
  • AvaTrade is a heavily regulated and trustworthy broker with licenses from the ASIC, CySEC and more
  • The broker offers reliable 24/5 multilingual customer support with fast response times during testing

Cons

  • Traders from the US are not accepted
  • There’s an above-average $50 inactivity fee after three months, though this won't impact active day traders
  • There is no ECN account with raw spreads

#2 - Exness

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

  • Experienced strategy providers can open social trading accounts, with monthly commissions up to 50%
  • Exness is the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes
  • Top-tier licensing with the FCA and CySEC and a strong reputation with over 10 years in business

Cons

  • There are several regional restrictions for retail traders including the USA, Europe and the UK
  • There are no promotional deals or loyalty schemes for high-volume day traders
  • Unlike most competitors, Exness doesn't provide its own education section

#3 - RoboForex

Why We Chose RoboForex

RoboForex is an online broker, established in 2009 and registered with the IFSC in Belize. Traders can choose from five accounts (Prime, ECN, R StocksTrader, ProCent, Pro) catering to different needs with trades from 0.01 lots and spreads from 0 pips. RoboForex has also enhanced its offering over the years, adding CFD instruments and launching its stock trading platform, plus the CopyFX system.

  • Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures
  • Regulator: IFSC
  • Platforms: R StocksTrader, MT4, MT5, TradingView
  • Minimum Deposit: $10
  • Minimum Trade: 0.01 Lots
  • Leverage: 1:2000

Pros

  • The broker offers leverage up to 1:2000 for certain account types, which is among the highest in the industry. This high leverage allows day traders to maximize their trading potential, albeit with a corresponding increase in risk.
  • The R Stocks Trader platform rivals leading solutions like MT4, with netting and hedging capabilities, comprehensive backtesting, Level II pricing, and a flexible workspace.
  • RoboForex offers over 12,000 instruments, providing more short-term trading opportunities than the vast majority of online brokers, with forex, stocks, indices, ETFs, commodities, and futures.

Cons

  • RoboForex provides a variety of account types, which, while offering flexibility, can be overwhelming for newer traders trying to choose the most suitable option for their trading style. Alternatives, notably eToro, provide a smoother entry into online trading with one retail account.
  • Despite 15+ years in the industry and registering with the Financial Commission, RoboForex is authorized by one ‘Red-Tier’ regulator – the IFSC in Belize, lowering the level of regulatory protections for traders.
  • While RoboForex offers competitive spreads, some of its account types come with high trading commissions up to $20 per lot, trailing the cheapest brokers, such as IC Markets.

#4 - Expert Option

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

  • There are no deposit and withdrawal fees which is ideal for active traders
  • There's a decent range of educational resources, including trading strategies, webinars and platform tutorials
  • Minimum deposits are low, starting from $10

Cons

  • Expert Option isn't available in several countries, including the EU, Australia and the US
  • The broker doesn't offer any popular leveraged products such as CFDs
  • The SVGFSA is a weak financial regulator with limited safeguarding measures

#5 - Deriv.com

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, multipliers and more recently accumulators, 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

  • The free demo account is ideal for practicing short-term trading strategies and no registration is required
  • Deriv bolstered its short-term trading opportunities in 2024 with accumulator options on simulated indices featuring up to 5% growth rates
  • Deriv continues to offer fast and reliable 24/7 support and the WhatsApp service is particularly convenient

Cons

  • The range of 100+ assets trails some competitors such as Quotex which offers 400+
  • 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

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).

eToro day trading platform in Pakistan showing ETFs available
eToro – ETFs

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.

R Stocks Trader platform at RoboForex, showing EURUSD and crude oil charts
RoboForex – R Stocks Trader

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.
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Jemma Grist
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  • Pepperstone’s transparent 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:
DayTrading.com broker testing methodology overview

  • 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 platforms for short-term market analysis.
  • We favored brokers with transparent leverage and margin requirements.
  • We picked day trading platforms with convenient deposits in Pakistani Rupees and an accessible minimum investment.
  • We prioritized brokers with reliable order executions for 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.

Article Sources

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