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Chenab Review
63 brokers measured36 pricedmedian 7.0 USDformula v1.0Data captured 25.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 25.10.2026

Recalculated 2026-10-25 · Next Capital Limited

Finqalab — Pakistan

Finqalab is rated 3.91 out of 5 by our formula (scored, but outside the ranking) for traders in Pakistan: round turn not priced, residents accepted — Yes.

Suits you if it takes residents of Pakistan

Look elsewhere if it holds no licence issued in Pakistan

Key facts (8)

Who actually onboards you
Next Capital Limited
Licence number
not stated
Established
not stated
Min deposit, USD
not stated
Platforms
Finqalab mobile app (Android/iOS)
Local funding
in-app payments; bank transfer; Raast (per Pakis
Max leverage
not stated
EURUSD
not priced

This broker against the Pakistan middle (36 of 63)

FinqalabPakistan median
Round turn, USDnot priced7.0 USD
Min deposit, USDno data7.5 USD
Max leverageno data750.0geo
Withdrawal, hno data24.0 h
EURUSD, standardnot priced1.0 pips
EURUSD, rawnot priced0.0 pips
Establishednot stated2006.5
Platforms13

Accepts residents of Pakistan

Yes

Score (3/6 axes)

3.91 of 5
reviews6025%
safety10020%
platforms010%

Shown, not ranked: no round-turn price

Licence check

Licence number
not stated
Checked
2026-07-11

Source

Who actually onboards you

Next Capital Limited

Entity not established

Finqalab (invest-tech app; brokerage services provided by Next Capital Limited, wholly-owned parent)

What users rate it, and how many

Reviews
4.2/5 from 81 ratingsgroup

4.2 out of 5 81 Ratings

Round-turn cost next to the Pakistan median (36 of 63)

Round turn, USD
not priced
Median
7.0 USD

Taking money off the account

Withdrawal, h
not stated

What the account tiers cost

CDC sub-account + PSX trading account opened digitally in-app; account held/operated by Next Capital Ltd

Terminals and instruments (1)

Finqalab mobile app (Android/iOS)

PSX-listed equities (individual stocks); up to 5 yrs price/volume history

Pros and cons

Pros (1)

  • Licensed locally: register entry

Cons (2)

  • Withdrawal time not published
  • 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%

Methodology

Verified · what changed · sources (4)

Checked: 2026-07-11

FAQ (3)

Does Finqalab accept residents of Pakistan?

Yes.

Which entity onboards a Pakistan client of Finqalab?

Next Capital Limited

What licence does Finqalab hold for Pakistan?

No licence number is published for this country.