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Interactive Brokers in Pakistan — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
Key facts (6 facts)
- Onboarding entity
- IBKR LLC
- Founded
- 1978
- Retail leverage
- 50PK
- Round turn
- 5 USDPK
- Currencies
- Multi-currency incl. USD; PKR not a standard base currency.
- Swap-free account
- no
Licence check
Open an account with Interactive BrokersThe broker's own website. Not a partner link — we earn nothing from it.
Taxes for a Pakistani resident(1 rule)
- Forex/derivatives trading profit for residents is generally taxed as income;https://tradersunion.com/brokers/forex/view/interactive_brokers/is-regulated-in-pakistan
Not tax advice. Check with the Federal Board of Revenue.
Who actually onboards you
- Entity that onboards Pakistan residents
- IBKR LLC
- Local standing
- Group tier-1 regulated; no SECP domestic authorisation. Pakistan residents accepted (per 2026 availability).
- Licence as the register states it
- No local SECP licence; served under US-regulated entity.
- Leverage for this entity
- Modest margin; FX up to ~1:50 (US entity). DMA multi-asset, not high-leverage CFD.
- The firm behind it
- Founded 1978; NASDAQ-listed; global electronic broker.
- What we hold against it
- Reputable global broker; not SECP-registered; local currency-control friction likely.
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.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youGroup tier-1 regulated; no SECP domestic authorisation. Pakistan residents accepted (per 2026 availability).
- 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)
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: Cash or Margin, no fixed minimum (margin USD 2, 000). 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)
| Method | Deposit, h | Withdrawal, h | Fee, USD | Min, USD |
|---|---|---|---|---|
| International bank wire | 24 | — | 0 | 50 |
Deposit and withdrawal methods (1 methods · 0 local rails)
International bank wire;
- International bank wire
- Account currency
- Multi-currency incl. USD; PKR not a standard base currency.
- Fee declared
- 1 of 1 methods
- Withdrawal back to
- the funding method
Where it does not serve(7 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(6 platforms)
- TWS
- IBKR Desktop
- mobile
- GlobalTrader
- API
| Class | Count | Min spread |
|---|---|---|
| TWS | — | 0.1 |
| IBKR Desktop | — | 0.1 |
| mobile | — | 0.1 |
| GlobalTrader | — | 0.1 |
| API | — | 0.1 |
| Forex pairs | 100+ | — |
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.
Identical for every row: Leverage 50 PK.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.5 | 1,600 |
Share of reviewers in Pakistan: — The platform does not publish it.
Pros and cons(5 for and 3 against, each tied to a figure on this page)
- Round turn 5 USD on the raw + commission basis, under the Pakistan median 7
- Min deposit 0 USD, under the Pakistan median 7.5
- Withdrawal in 24 h, one of 46 of 62 brokers here that publish a time
- Round-turn cost 100 of 100, its strongest of 6 scored axes
- 5 platforms: TWS, IBKR Desktop, mobile, GlobalTrader
- No Pakistan authorisation on file: the entity that onboards you is licensed elsewhere
- A regulator warning is on file against this broker
- Safety 0 of 100, its weakest of 6 scored axes
Where Interactive Brokers sits in the Pakistan base(62 brokers)
Round-turn cost, USD (36 of 62 priced)
Median 7 USD · range 3-19 · this broker 5 USD · 26 of 62 brokers do not publish it
Minimum deposit, USD (16 of 62 priced)
Median 7.5 USD · range 0-237.2 · this broker 0 USD · 46 of 62 brokers do not publish it
Retail leverage (34 of 62 with a Pakistan figure)
Median 1:750 · range 50-5000 · this broker 1:50 · 28 of 62 brokers do not publish it
Withdrawal time published (62 brokers)
Alternatives in Pakistan(6 of 62 scored in Pakistan)
- Round turn, USD
- 5PK
- Min deposit, USD
- 10PK
- Leverage
- 2000PK
- Rank in this country
- #4
- Round turn, USD
- 6PK
- Min deposit, USD
- 0PK
- Leverage
- 500PK
- Rank in this country
- #6
- Round turn, USD
- 6.5PK
- Min deposit, USD
- 100PK
- Leverage
- 500PK
- Rank in this country
- #1
- Round turn, USD
- 6PK
- Min deposit, USD
- 100 groupPK
- Leverage
- 500PK
- Rank in this country
- #21
- Round turn, USD
- 6PK
- Min deposit, USD
- 5 groupPK
- Leverage
- 2000PK
- Rank in this country
- #2
- Round turn, USD
- 6PK
- Min deposit, USD
- 5 groupPK
- Leverage
- 3000PK
- Rank in this country
- #7
"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
| Axis | Weight | What is measured | Interactive Brokers |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 75 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 100 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 80 |
| Track record | 10% | Years since the firm was founded, from its own filings | 100 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 0 |
FAQ
- Does Interactive Brokers accept residents of Pakistan?
- Yes. Group tier-1 regulated; no SECP domestic authorisation. Pakistan residents accepted (per 2026 availability). Onboarding entity: IBKR LLC
- Is Interactive Brokers licensed to serve clients in Pakistan?
- No local SECP licence; served under US-regulated entity. Checked on 09.07.2026.
- How much does one round turn cost at Interactive Brokers?
- About 5.0 USD per standard lot on EUR/USD. The median across brokers measured for Pakistan is 7.0 USD.
- What leverage does Interactive Brokers offer to retail clients in Pakistan?
- Up to 1:50. leverageGeo: Modest margin; FX up to ~1:50 (US entity).
- Which trading platforms does Interactive Brokers support?
- TWS, IBKR Desktop, mobile, GlobalTrader, API. Instruments: Global stocks, options, futures, FX, bonds, funds; DMA.
- How can I withdraw money from Interactive Brokers in Pakistan?
- International bank wire; no local PKR rails verified. Note SBP forex/remittance controls.
- What account types does Interactive Brokers offer?
- Cash or Margin; no fixed minimum (margin USD 2,000).
- Does Interactive Brokers offer a swap-free (Islamic) account?
- No. Interactive Brokers publishes no swap-free (Islamic) account for Pakistan.
Cost calculator (median of 36 priced of 62)
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.