Recalculated 2026-10-25 · Established 2004 · of Bank Alfalah Limited
Alfalah CLSA Securities — Pakistan
Alfalah CLSA Securities is rated no data out of 5 by our formula (score withheld) for traders in Pakistan: round turn not priced, residents accepted — Yes.
Suits you if it takes residents of Pakistan · a swap-free account is available · it has been trading for 22 years
Key facts (8)
- Who actually onboards you
- of Bank Alfalah Limited
- Licence number
- not stated
- Established
- 2004group
- Min deposit, USD
- not stated
- Platforms
- Vtrade (by VisionMax)
- Local funding
- bank transfer (Bank Alfalah linkage); Raast/1LIN
- Max leverage
- not stated
- EURUSD
- not priced
Accounts (2)
2 of 2 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| Alfalah CLSA SecuritiesCDC sub-account + PSX trading account | no data | no data | no data | no data | — |
| Alfalah CLSA Securitiesinstitutional | no data | no data | no data | no data | — |
This broker against the Pakistan middle (37 of 63)
| Alfalah CLSA Securities | Pakistan median | |
|---|---|---|
| Round turn, USD | not priced | 7.0 USD |
| Min deposit, USD | no data | 7.5 USD |
| Max leverage | no data | 750.0geo |
| Withdrawal, h | no data | 24.0 h |
| EURUSD, standard | not priced | 0.95 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2004group | 2006.5 |
| Platforms | 1 | 3 |
Accepts residents of Pakistan
Yes
Score (3/6 axes)
no data
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
of Bank Alfalah Limited
Entity not established
Alfalah CLSA Securities (Pvt.) Limited — now Alfalah Securities (Private) Limited; subsidiary of Bank Alfalah Limited
What users rate it, and how many
Round-turn cost next to the Pakistan median (37 of 63)
Taking money off the account
What the account tiers cost
CDC sub-account + PSX trading account; institutional and retail
Terminals and instruments (1)
Vtrade (by VisionMax)
PSX equities, futures, money market; PMEX commodities; forex, investment banking, research/advisory
Pros and cons
Pros (2)
- Licensed locally: register entry
- Swap-free account available
Cons (3)
- Withdrawal time not published
- No public review-platform rating, so the review axis is absent
- Minimum deposit for this country not published
Tax on trading gains in Pakistan
Forex/derivatives trading profit for residents is generally taxed as income; where treated as capital gains on movable assets (other than exchange-traded securities) it is taxable at the individual's normal slab rates (as of the review), while listed-securities gains and foreign shares/funds carry specific rates (foreign shares/mutual funds ~15% flat per PwC). Residents taxed on worldwide income;
Where it does not serve
no data
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (3)
Checked: 2026-07-11
FAQ (3)
Does Alfalah CLSA Securities accept residents of Pakistan?
Yes.
Which entity onboards a Pakistan client of Alfalah CLSA Securities?
of Bank Alfalah Limited
What licence does Alfalah CLSA Securities hold for Pakistan?
No licence number is published for this country.