Introduction
As Forex trading is getting a boom nowadays as more and more people are getting to know about it. With the boom comes Forex Brokers because as a beginner you wouldn't want to lose your hard-earned money in trading without any support or understanding. This is why Forex Brokers are so important.
Earlier countries in the west were into Forex trading a lot but this interest has now taken countries like Pakistan by storm as well. This is exactly why in this article, we will be talking about the best forex broker in Pakistan. Moreover, we'll let you know why they are the best. So, without any more waiting let us take you through.
1) OANDA
If we have an Oanda review we can see a lot of things that them among the best in the business. OANDA is basically an abbreviation of "Olsen & Associates". They are established in the United States. However, they provide a vast range of financial services all over the world. They are rewarded multiple times for their services in different categories. They were chosen winners in the category of "Best Forex Trading Technologies" by the UK Forex Awards, which tells us a lot about them.
2) Exness
If we talk about experience, Exness company is one of those companies that have an edge over newly established companies. They have been in the Forex business for about 14 years now and so they are quite knowledgeable in all aspects. Their service was regulated by licenses of CySEC, FCA and FSA. Currently, they obtain the highest ratings and hold a strong position.
3) FBS
FBS stands for Finance Freedom Success and they actually provide services that go accurately with their name. They operate in more than 190 countries which is a huge deal. Moreover, they have been in business for about 10 years now and in this decade they have claimed 40 international awards. As a client of FBS, you would be able to trade indices, exotic currencies and metals.
4) IC Markets
IC Markets Trading Company came into being in Sydney, Australia, around 15 years back. The broker is regulated by the Australian Securities & Investment Commission and also the (AFSL) (ASIC). Moreover, the broker is also a member of the Australian Financial Complaint Authority (AFCA), which establishes industry standards for the resolution of consumer-financial-service provider disputes and conducts audits regularly.
5) Insta Forex
Insta Forex has been a blessing for their clients for 15years and they are still going strong. They have the honour of 7 million clients as of now which is a huge deal. This shows how trusted they are as Forex Brokers. As their client, you would have an access to about 300 trading instruments. Insta Forex's activity is regulated by the FSC. as required by the Securities and Investment Business Act InstaForex is known for its ethical and professional trading methods. The company was voted Best Asian Broker and Best Eastern European Broker in 2016, Best Forex Platform for Trading Cryptocurrency in 2018, and Best Forex Platform for Trading Cryptocurrency in 2019.
