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58 brokers measured in Pakistanbroker data checked 27.08.2026
FXCM logoFXCMGlobal FXCM Markets entity

FXCM 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 FXCM (Pakistan) (Pvt.) Ltd., register checked 27.08.2026

Score (6 of 6 axes scored)

3.46/ 5.0

ranked against full-basis brokers

2 + 3 × 0.487 = 3.46 · axes on 0–100, total on 2.0–5.0

Key facts

Licence check

Not specified for Pakistan
No licence number published for Pakistanchecked 27.08.2026secp.gov.pk
Open an account with FXCM

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

Screenshot of the FXCM website
FXCM's own site, captured for this review (07.10.2026)

Taxes for a Pakistani resident

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

    Who actually onboards you

    Entity that onboards Pakistan residents
    Global FXCM Markets entity
    Local standing
    Global regulated broker
    Licence as the register states it
    Not specified for Pakistan
    Leverage for this entity
    Global default not shown
    The firm behind it
    Founded 1999 global broker
    What we hold against it
    Pakistan availability unclear

    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 youGlobal FXCM Markets entityLocal or offshore not stated in the source · SECP licence

    Global default not shown

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

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

    Client protection

    • Local entity onboards youGlobal regulated broker
    • 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.

    Price against Pakistan market median(priced from 36 of 62)

    Round turn, 1 lot EURUSD, spread plus commission, USD
    FXCM, raw spread plus commission11
    Pakistan median, all 36 priced7
    Pakistan median, the 27 priced on the raw spread plus commission6.5

    Medians run over the 36 of 62 brokers that publish a price for Pakistan, never over the whole base. A spread without its commission is not a price and is not counted.

    Accounts

    Account types the broker names for this country: CFD, Active Trader, Corporate. 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.

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

    No local PK methods shown

      Account currency
      Not specified
      Fee declared
      0 of 0 methods
      Withdrawal back to
      the funding method

      Where it does not serve(20 countries)

      BurundiCentral African RepublicIvory CoastLiberiaLibyaSudanZaireZimbabweNorth KoreaSingaporeSouth KoreaBelarusRussian FederationUkraineCubaVanuatuIranSyriaTurkeyAfghanistan

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

      Platforms and markets(4 platforms)

      • Trading Station
      • MT4
      • TradingView
      ClassCountMin spread
      Trading Station—0.9
      MT4—0.9
      TradingView—0.9
      Forex pairs41—

      114 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 108 more.

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

      Pros and cons(2 for and 5 against, each tied to a figure on this page)

      For
      • Track record 100 of 100, its strongest of 6 scored axes
      • 3 platforms: Trading Station, MT4, TradingView
      Against
      • Round turn 11 USD on the raw + commission basis, over the Pakistan median 7
      • No Pakistan authorisation on file: the entity that onboards you is licensed elsewhere
      • Min deposit 50 USD, over the Pakistan median 7.5
      • Withdrawal in 72 h, over the Pakistan median 24
      • Safety 0 of 100, its weakest of 6 scored axes

      Where FXCM 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 · this broker 11 USD · 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 · this broker 50 USD · 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 published38FXCM is one of the 6

      Alternatives in Pakistan(6 of 62 scored in Pakistan)

      3.42
      ThinkMarkets
      Licensed elsewhere
      Round turn, USD
      11PK
      Min deposit, USD
      50 groupPK
      Leverage
      500PK
      Rank in this country
      #26
      3.87
      Fusion Markets
      Licensed elsewhere
      Round turn, USD
      13.5PK
      Min deposit, USD
      0PK
      Leverage
      500PK
      Rank in this country
      #9
      3.2
      Alpari
      Licensed elsewhere
      Round turn, USD
      19PK
      Min deposit, USD
      30 groupPK
      Leverage
      3000PK
      Rank in this country
      #32
      3.33
      IG Markets
      Licensed elsewhere
      Round turn, USD
      13.6PK
      Min deposit, USD
      50 groupPK
      Rank in this country
      #29
      3.33
      XTB
      Licensed elsewhere
      Round turn, USD
      9PK
      Min deposit, USD
      0 groupPK
      Rank in this country
      #28
      3.76
      JustMarkets
      Licensed elsewhere
      Round turn, USD
      9PK
      Min deposit, USD
      10 groupPK
      Leverage
      3000PK
      Rank in this country
      #16

      "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 measuredFXCM
      Reviews25%Rating, volume and recency on one public review platform65
      Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median70
      Safety20%Local authorisation, the entity that onboards you, any regulator warning0
      Payouts15%Published withdrawal time, fees and the methods available in the country40
      Track record10%Years since the firm was founded, from its own filings100
      Platforms10%Which trading platforms the broker confirms for this country25

      FAQ

      Does FXCM accept residents of Pakistan?
      Yes. Global regulated broker Onboarding entity: Global FXCM Markets entity
      Is FXCM licensed to serve clients in Pakistan?
      Not specified for Pakistan Checked on 27.08.2026.
      How much does one round turn cost at FXCM?
      About 11.0 USD per standard lot on EUR/USD. The median across brokers measured for Pakistan is 7.0 USD.
      Which trading platforms does FXCM support?
      Trading Station, MT4, TradingView. Instruments: Forex, indices, commodities, crypto
      How can I withdraw money from FXCM in Pakistan?
      No local PK methods shown
      What account types does FXCM offer?
      CFD, Active Trader, Corporate

      Cost calculator (median of 36 priced of 62)

      FXCM, per month220.00 USD
      Pakistan median, per month140.00 USD

      EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a PKR conversion because the exchange rate is not part of our data.

      Verified · Sources

      Verified01.10.2026
      next review 01.01.2027