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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 · Established 2005 · FP Markets LLC

FP Markets — Pakistan

FP Markets is rated 4.10 out of 5 by our formula (Rank #1 of 35) for traders in Pakistan: round turn 6.5 USD, residents accepted — Through an offshore entity.

Suits you if the round turn is 6.5 USD against a 7 USD median here · it runs 4 trading platforms · it has been trading for 21 years

Look elsewhere if the minimum is 100 USD against 7.5 USD in this market · it holds no licence issued in Pakistan · you are onboarded by an offshore entity, not a local one

Key facts (8)

Who actually onboards you
FP Markets LLC
Licence number
not stated
Established
2005group
Min deposit, USD
100 USDgeo
Platforms
MT4 · MT5 · cTrader · TradingView
Local funding
Cards, bank wire and e-wallets; local PKR rails
Max leverage
500geo
EURUSD
1.0 pipsgeo

Accounts (2)

2 of 2 shown

Click a column heading to sort. Figures are list terms, no promo codes.

Broker · accountMin deposit, USDSpreadCommissionCost per lotSwap-free
FP MarketsStandardno datano dataAnyno data—
FP MarketsRawno datano datano datano data—

This broker against the Pakistan middle (36 of 63)

FP MarketsPakistan median
Round turn, USD6.5 USD7.0 USD
Min deposit, USD100 USDgeo7.5 USD
Max leverage500geo750.0geo
Withdrawal, h1 business day hgroup24.0 h
EURUSD, standard1.0 pipsgeo1.0 pips
EURUSD, raw0.05 pipsgeo0.0 pips
Established2005group2006.5
Platforms43

Accepts residents of Pakistan

Through an offshore entity

Score (6/6 axes)

4.1 of 5
reviews9025%
cost9220%
safety020%
payouts8015%
track_record10010%
platforms7010%

Ranked against brokers measured on every axis

Licence check

Licence number
not stated
Checked
2026-07-09

Source

Who actually onboards you

FP Markets LLC

Offshore entity

Pakistani retail clients are onboarded via the offshore arm - FP Markets Seychelles FSA entity (licence SD130) or FP Markets LLC (SVG).

What users rate it, and how many

Reviews
4.8/5 based on 10,091 reviewsgroup

FP Markets holds a Trustpilot score of 4.8/5 based on 10,091 reviews

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

Round turn, USD
6.5 USD
Median
7.0 USD

raw+commission

Taking money off the account

Withdrawal, h
1 business day hgroup

What the account tiers cost

Standard (commission-free) and Raw (0.0 pip + commission) on MT4/MT5/cTrader/TradingView; min deposit USD 100.

Terminals and instruments (4)

MT4 · MT5 · cTrader · TradingView

10,000+ CFDs: 60+ FX pairs, indices, commodities, shares, ETFs, bonds and crypto CFDs.

Pros and cons

Pros (3)

  • Round turn 6.5 USD against a Pakistan median of 7.0
  • Swap-free account available
  • Withdrawal published at 1 business day h

Cons (1)

  • No local licence: the client is onboarded by a foreign entity

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

United States, Canada, Japan, Belgium, New Zealand, Russia

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 (2)

Checked: 2026-07-09

FAQ (5)

Does FP Markets accept residents of Pakistan?

Through an offshore entity.

Which entity onboards a Pakistan client of FP Markets?

FP Markets LLC

What licence does FP Markets hold for Pakistan?

No licence number is published for this country.

What does one EURUSD lot cost at FP Markets?

6.5 USD per round turn against a Pakistan median of 7.0 USD, measured on 36 of 63 brokers.

How long does a withdrawal from FP Markets take?

1 business day hours as published. within 1 business day (processing)