Gold (XAU/USD) brokers in Pakistan

Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.

Key facts (24 of 62 counts · 58 brokers onboarding Pakistani residents)

24of 62

qualify for this ranking

39% of 62

20of 24

scored on all six axes

83% of 24

36of 62

publish a price

58% of 62

34of 62

publish a leverage figure for this country

55% of 62

Top 3 (of 3 ranked)

1HFM4highest score of the three · not locally regulated; legal via offshor · withdrawal in 24 h 2BlackBull Markets3.92offshore (seychelles fsa) only; no secp 3FBS3.92offshore; not regulated by secp pakistan · withdrawal in 24 h

Gold (XAU/USD) brokers in Pakistan (24 of 62)

By slice score, formula v1.0. · 24 of 58 brokers in this ranking · all 24

#	Broker	Round turn, USDPK	Min deposit, USDPK	Leverage	Withdrawal, hPK	Score	Execution	Founded	Funding
1	HFM	6	5 group	2000PK	24	4	ECN/raw + standard	2010	3 methods · local
2	BlackBull Markets	6	0	500PK	72	3.92	ECN/raw + standard	2014	5 methods
3	FBS	6	5 group	3000PK	24	3.92	ECN/raw + standard	2009	3 methods · local
4	Pepperstone	8	10 group	200PK	24	3.91	ECN/raw + standard	2010	5 methods
5	Admirals	6	25	500PK	3	3.83	ECN/raw + standard	2001	4 methods
6	OctaFX	16	25 group	1000 groupPK	3	3.8	ECN/raw + standard	2011	2 methods · local
7	Trade Nation	6	0	200PK	24	3.77	Standard	2014	3 methods
8	Axi	7	0 group	500PK	48	3.77	ECN/raw + standard	2007	4 methods
9	JustMarkets	9	10 group	3000PK	0.02	3.76	Standard	2012	3 methods
10	Moneta Markets	7	50	1000PK	24	3.74	ECN/raw + standard	2019	5 methods
11	Vantage	6	50 group	500PK	120	3.69	ECN/raw + standard	2009	4 methods
12	FreshForex	3	10	2000PK	0.17	3.69	ECN/raw + standard	2004	3 methods · local
13	Eightcap	7	100 group	—stated, not verified	48	3.67	ECN/raw + standard	2009	—
14	VT Markets	6	100 group	500PK	72	3.65	ECN/raw + standard	2015	3 methods
15	NordFX	—	10 group	1000PK	24	3.63	ECN/raw + standard	2008	4 methods · local
16	TMGM	7	100 group	1000PK	48	3.55	ECN/raw + standard	2013	9 methods
17	Mitrade	—	20	200PK	24	3.48	—	2011	—
18	FXCM	11	50 group	—stated, not verified	72	3.46	ECN/raw + standard	1999	—
19	Tickmill	7	100 group	500 groupPK	24	3.44	ECN/raw + standard	2014	—
20	ThinkMarkets	11	50 group	500PK	24	3.42	Standard	2010	4 methods
21	FXGT	14	5	5000PK	72	3.34	Standard	2019	4 methods
22	IG Markets	13.6	50 group	—stated, not verified	—	3.33	ECN/raw + standard	1974	2 methods
23	XM	7	5	1000PK	120	3.3	ECN/raw + standard	2009	3 methods · local
24	RoboForex	—	10 group	2000PK	24	3.03	—	2009	4 methods · local

Ten are shown; the button opens the rest.

"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.

— the broker does not publish this figure; it is not read as a zero and it is not scored.

BlackBull Markets publishes a retail leverage of 1:500 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.

Identical for every row, so it is stated once: Who onboards Local · SECP · Swap-free fee none, no limit · PKR account Yes.

1. HFM — highest score of the three · not locally regulated; legal via offshor · withdrawal in 24 h (score 4)

Round turn: 6 USD
Withdrawal: same business day for requests before 10:00 server time
PKR account: USD (no PKR verified).
Leverage: 2000PK
Accepts residents: through an offshore entity
Onboarding entity: HF Markets (SV) Ltd
Founded: 2010
Register: https://tradersunion.com · 09.07.2026
Group leverage: offshoregroup
Instruments: FX, metals, indices, shares, commodities, crypto CFDs.
Platforms: MT5cTraderWebTradingView
Funding: Reported JazzCash, Easypaisa and local bank transfer (per broker guides; not officially confirmed on hfm.com).
Not served: USA, Canada, Sudan, Syria, Iran, North Korea, UAE

Reviews25%90
Round-turn cost20%95
Safety0
Payouts15%80
Track record10%
Platforms50

Why it ranks here

Round turn 6 USD against the slice median 7 USD. strongest axis round-turn cost 95 of 100. total score 4.

Watch for

Payouts axis 58 of 100; e-wallet times not published.

Full review of HFM

2. BlackBull Markets — offshore (seychelles fsa) only; no secp (score 3.92)

Round turn: 6 USD
Withdrawal: 1-3 business days
PKR account: Accounts in USD/EUR/GBP/JPY/AUD/NZD/SGD/CAD/ZAR; no PKR base account, so deposits convert.
Leverage: 500PK
Licence: SECP SD045
Accepts residents: through an offshore entity
Onboarding entity: BBG Limited
Founded: 2014
Register: https://blackbull.com/en/support/restricted-countries · 09.07.2026
Group leverage: offshore
Instruments: 72 forex pairs and 26,000+ tradeable symbols: share CFDs, indices, commodities and crypto CFDs.
Platforms: MT5MT4Web
Funding: Cards, bank wire, Skrill, Neteller and crypto; availability varies and specific Pakistani rails not verified at review.
Not served: Afghanistan, Algeria, American Samoa, Belarus, British Virgin Islands, Burundi, Cameroon, Canada, Central African Republic (the), Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Eritrea, Gaza Strip, Guam, Guinea Bissau, Haiti, Iran (Islamic Republic of), Iraq, Japan, Kenya, Kosovo, Lao, People’s Democratic Republic (the) (Laos), Lebanon, Libya, Myanmar (Burma), North Mariana Islands, Puerto Rico, Russian Federation (the), Somalia, South Sudan, Sudan (the), Syrian Arab Republic (the) (Syria), Ukraine, United States of America (the), United States Virgin Islands, Venezuela (Bolivarian Republic of), Viet Nam, West Bank (Palestinian Territory, Occupied), Yemen

Why it ranks here

Round turn 6 USD against the slice median 7 USD. strongest axis round-turn cost 95 of 100. total score 3.92.

Watch for

Min deposit 200 USD, double the Pakistan median of 50; withdrawal time not published.

Full review of BlackBull Markets

3. FBS — offshore; not regulated by secp pakistan · withdrawal in 24 h (score 3.92)

Why it ranks here

Round turn 6 USD against the slice median 7 USD. strongest axis round-turn cost 95 of 100. total score 3.92.

Watch for

Onboards Pakistani residents through an offshore entity: no SECP licence, no SECP complaints route, no PKR account.

Full review of FBS

What the data shows(24 of 62 distributions · 58 brokers)

Swap-free availability (24 of 62 brokers)

Offered30Not offered14

Admin fee after the free period (24 of 62 swap-free)

Never16After 3–30 days9not published5

Who onboards Pakistani residents (24 of 62 brokers)

Local SECP entity20Offshore entity24

PKR account (24 of 62 brokers)

Yes16No23not published5

Gold XAU/USD spread (20 of 62 · median 0.7)

15<10

320

030

140

1>40

Gold (XAU/USD) offered (62 of 62)

50Yes

12Not stated

Full list(24 of 62)

1HFM4
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
5 group
Leverage
2000PK
PKR
Yes
2BlackBull Markets3.92
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0
Leverage
500PK
PKR
Yes
3FBS3.92
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
5 group
Leverage
3000PK
PKR
Yes
4Pepperstone3.91
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
10 group
Leverage
200PK
PKR
Yes
5Admirals3.83
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
25
Leverage
500PK
PKR
Yes
6OctaFX3.8
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
16
Min deposit, USD
25 group
Leverage
1000 groupPK
PKR
Yes
7Trade Nation3.77
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0
Leverage
200PK
PKR
Yes
8Axi3.77
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
0 group
Leverage
500PK
PKR
Yes
9JustMarkets3.76
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
10 group
Leverage
3000PK
PKR
Yes
10Moneta Markets3.74
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50
Leverage
1000PK
PKR
Yes
11Vantage3.69
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50 group
Leverage
500PK
PKR
Yes
12FreshForex3.69
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
3
Min deposit, USD
10
Leverage
2000PK
PKR
Yes
13Eightcap3.67
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
PKR
Yes
14VT Markets3.65
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
100 group
Leverage
500PK
PKR
Yes
15NordFX3.63
Onboards
Local · SECP
Swap-free
none, no limit
Min deposit, USD
10 group
Leverage
1000PK
PKR
Yes
16TMGM3.55
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
1000PK
PKR
Yes
17Mitrade3.48
Onboards
Local · SECP
Swap-free
none, no limit
Min deposit, USD
20
Leverage
200PK
PKR
Yes
18FXCM3.46
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
11
Min deposit, USD
50 group
PKR
Yes
19Tickmill3.44
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
500 groupPK
PKR
Yes
20ThinkMarkets3.42
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
11
Min deposit, USD
50 group
Leverage
500PK
PKR
Yes
21FXGT3.34
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
14
Min deposit, USD
5
Leverage
5000PK
PKR
Yes
22IG Markets3.33
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
13.6
Min deposit, USD
50 group
PKR
Yes
23XM3.3
Onboards
Local · SECP
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
5
Leverage
1000PK
PKR
Yes
24RoboForex3.03
Onboards
Local · SECP
Swap-free
none, no limit
Min deposit, USD
10 group
Leverage
2000PK
PKR
Yes

How to read this ranking

Start with the figure this page ranks on.
Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.
Check which company would onboard you.
The same brand can take a resident of Pakistan through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.
Read the cost beside the deposit.
The median round turn across this country is 7.0 USD and the median minimum deposit 7.5 USD; a low deposit beside a wide spread takes the difference back on every trade.

Neighbouring slices(6 rankings · 6 explainers)

Same country

Explained

FAQ

How many brokers qualify for this ranking in Pakistan?: 24 of 62 brokers measured for this country qualify.
Which broker leads it, and on what basis?: HFM leads it with a score of 4.0. The order is computed score, highest first; unscored brokers follow.
What does a trade typically cost here?: The median round turn - spread plus commission for one standard lot, in and out - is 7.0 USD across the brokers that publish both parts.
Why do some rows show a dash instead of a figure?: Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.

How this slice is scored

Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology

Verified · What changed · Sources(24 of 62 broker records)

Verified01.10.2026

data re-captured 28.09.2026

Risk warning and affiliate disclosure

CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.