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58 brokers measured in Pakistanbroker data checked 27.08.2026
Darson SecuritiesDarson Securities Limited

Darson Securities in Pakistan — review, licence and costs

Written and checked by the Indus Review editorial team · how we score ·  score recalculated 01.10.2026
yesAccepts residents of PakistanOpened by Darson Securities (Pakistan) (Pvt.) Ltd., register checked 11.07.2026

Score (4 of 6 axes scored)

3.29/ 5.0

shown, not ranked: no cost

2 + 3 × 0.430 = 3.29 · axes on 0–100, total on 2.0–5.0

Key facts (4 facts)

Onboarding entity
Darson Securities Limited
Founded
2000
Currencies
PKR
Swap-free account
conditional

Licence check

SECP securities broker licence; PSX TREC holder (TREC number not verified at review); also PMEX member
No licence number published for Pakistanchecked 11.07.2026secp.gov.pk
Open an account with Darson Securities

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the Darson Securities website
Darson Securities's own site, captured for this review (06.10.2026)

Taxes for a Pakistani resident(1 rule)

  • Forex/derivatives trading profit for residents is generally taxed as income;https://www.darson.com.pk/

Not tax advice. Check with the Federal Board of Revenue.

Who actually onboards you

Entity that onboards Pakistan residents
Darson Securities Limited
Local standing
SECP-regulated domestic PSX brokerage (public limited co.)
Licence as the register states it
SECP securities broker licence; PSX TREC holder (TREC number not verified at review); also PMEX member
Leverage for this entity
margin financing (MTS) per SECP/NCCPL; PSX futures; commodity futures via PMEX; no retail spot forex
The firm behind it
Incorporated Jan 1998 (ex-Lahore Stock Exchange member); renamed Darson Securities Apr 2002; converted to Public Limited Dec 2019 (SECP cert Feb 2020); ~8 branch offices; also PMEX member; CEO Malik Dil Awayz Ahmed
What we hold against it
SECP filed a criminal complaint (Karachi sessions court) against Darson Securities and 3 clients for alleged price manipulation of 28 scrips (Apr 2012-May 2014), alleging an artificial market and ~Rs14.2m profit; related SECP orders/appeals on record (e.g., Appeal No.43 of 2019). Verify current status via SECP.

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Pakistani residents enters the score.

The entity that onboards youDarson Securities LimitedLocal or offshore not stated in the source · SECP licence

margin financing (MTS) per SECP/NCCPL; PSX futures; commodity futures via PMEX; no retail spot forex

—PK
Pakistan median, local entities: 1:50 · 18 of 20 stated

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youSECP-regulated domestic PSX brokerage (public limited co.)
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Accounts

Account types the broker names for this country: CDC sub-account + PSX trading account (retail, HNW, funds, institutional), PMEX commodity account. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Payouts(1 method)

MethodDeposit, hWithdrawal, hFee, USDMin, USD
Bank transfer24—050

Deposit and withdrawal methods (1 methods · 0 local rails)

bank transfer;

  • Bank transfer
Account currency
PKR
Fee declared
1 of 1 methods
Withdrawal back to
the funding method

Where it does not serve(1 countries)

—

From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

Platforms and markets(3 platforms)

  • mobile
  • desktop
  • phone

Pros and cons(4 for and 5 against, each tied to a figure on this page)

For
  • Authorised by the Pakistan regulator in its own register
  • Swap-free account available
  • Track record 100 of 100, its strongest of 4 scored axes
  • 3 platforms: mobile, desktop, phone
Against
  • Round-turn cost not priced: the pair of spread and commission is not published
  • A regulator warning is on file against this broker
  • Withdrawal time not published
  • Reviews 0 of 100, its weakest of 4 scored axes
  • Not scored on round-turn cost, payouts: the broker publishes no figure we could read

Where Darson Securities sits in the Pakistan base(62 brokers)

Round-turn cost, USD (36 of 62 priced)

3<5
207.5
510
312.5
315
117.5
1>17.5

Median 7 USD · range 3-19 · 26 of 62 brokers do not publish it

Minimum deposit, USD (16 of 62 priced)

13<50
1100
1150
0200
1>200

Median 7.5 USD · range 0-237.2 · 46 of 62 brokers do not publish it

Retail leverage (34 of 62 with a Pakistan figure)

17<1k
62k
73k
34k
1>4k

Median 1:750 · range 50-5000 · 28 of 62 brokers do not publish it

Withdrawal time published (62 brokers)

6of 58
Published, hours6not published38Darson Securities is one of the 6

Alternatives in Pakistan(6 of 62 scored in Pakistan)

3.47
Plus500
Licensed elsewhere
Round turn, USD
6PK
Min deposit, USD
10 groupPK
Rank in this country
#24
3.82
Interactive Brokers
Licensed elsewhere
Round turn, USD
5PK
Min deposit, USD
0PK
Leverage
50PK
Rank in this country
#12
4.1
FP Markets
Licensed elsewhere
Round turn, USD
6.5PK
Min deposit, USD
100PK
Leverage
500PK
Rank in this country
#1
3.94
LiteFinance
Licensed elsewhere
Round turn, USD
5PK
Min deposit, USD
50 groupPK
Leverage
1000PK
Rank in this country
#3
3.83
Admirals
Licensed elsewhere
Round turn, USD
6PK
Min deposit, USD
25PK
Leverage
500PK
Rank in this country
#11
3.69
Vantage
Licensed elsewhere
Round turn, USD
6PK
Min deposit, USD
50 groupPK
Leverage
500PK
Rank in this country
#18

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Methodology(6 axes · formula v1.0)

Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Pakistan score. Full methodology

AxisWeightWhat is measuredDarson Securities
Reviews25%Rating, volume and recency on one public review platform0
Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median—
Safety20%Local authorisation, the entity that onboards you, any regulator warning90
Payouts15%Published withdrawal time, fees and the methods available in the country—
Track record10%Years since the firm was founded, from its own filings100
Platforms10%Which trading platforms the broker confirms for this country0

— the broker does not publish this figure; it is not read as a zero and it is not scored.

FAQ

Does Darson Securities accept residents of Pakistan?
Yes. SECP-regulated domestic PSX brokerage (public limited co.) Onboarding entity: Darson Securities Limited
Is Darson Securities licensed to serve clients in Pakistan?
SECP securities broker licence; PSX TREC holder (TREC number not verified at review); also PMEX member Checked on 11.07.2026.
Which trading platforms does Darson Securities support?
mobile, desktop, phone. Instruments: PSX-listed equities; futures; PMEX commodities; (fixed income per firm)
How can I withdraw money from Darson Securities in Pakistan?
bank transfer; Raast (per Pakistani standard practice); details not verified at review
What account types does Darson Securities offer?
CDC sub-account + PSX trading account (retail, HNW, funds, institutional); PMEX commodity account
Does Darson Securities offer a swap-free (Islamic) account?
Conditional.

Verified · Sources