In order to trade successfully, it is very important to choose the right broker. in Pakistan, a large number of companies provide access to trading and you will have to choose the one for you among them. It is important to work only with reliable brokers providing all the required instruments for trading based on your trading strategy. TU analysts have selected the best ctrader brokers for swap-free trading in Pakistan 2025. You can compare their features and trading conditions.
1
XM Group - Best for swap-free trading in Pakistan
XM Group is a globally recognized broker, operational in nearly 190 countries and serving over 15 million traders. In 2025, the company is celebrating its 15th anniversary. The broker offers over 1,400 trading instruments, including Forex pairs, stocks, commodities, cryptocurrencies, and precious metals. With licenses from regulators like FSC and CySEC, XM ensures a secure trading environment.
The company is committed to high-speed order execution without requotes, ensuring 99.35% of trades are completed nearly instantly. The broker's leverage varies by region, offering up to 1:1000 for some non-EU countries while maintaining strict compliance with European standards for others. The spreads start from 0.6 pips.
XM doesn't offer passive investment options like PAMM accounts but provides access to MQL5 copy trading and a VPS for algorithmic trading.
👍 Advantages of trading with XM Group for traders from Pakistan:
•XM Broker guarantees 100% execution of orders, 99,35% of orders delivered nearly instantly. No requotes guaranteed;
•No “markup” on narrow market spreads (broker's margins over the spread);
•Over 1,000 trading instruments. Available for trading are: 57 currency pairs, including CFDs on cross rates, metals (including palladium and platinum), commodities (cocoa, cotton, grain), stocks;
•No commission for replenishment and withdrawal of money. XM Broker incurs all commission costs of payment systems;
•Around the clock support for 5 days a week in more than 30 languages.
👎 Disadvantages of XM Group for traders from Pakistan:
•Expanding their limited choice of trading platforms. Despite the fact that the broker offers 16 terminals, all of them are modifications of MT4 and MT5 for desktop, browser and mobile trading.
2
FxPro - Best for swap-free trading in Pakistan
FxPro is a well-established broker offering traders access to over 2,100 financial instruments across multiple asset classes, including Forex, stocks, commodities, indices, and cryptocurrencies. It is regulated by reputable authorities – FCA, CySEC and others.
The broker stands out with its focus on technology and offers an average order execution speed of 14-30 ms, setting a market benchmark. FxPro also provides an impressive suite of trading tools and educational resources, such as Trading Central analytics. The minimum deposit of $100, however, is higher than some competitors.
With a company capital exceeding 100 million euro, and a track record of reliability, FxPro stands out as a top-tier choice for traders looking for a secure and dynamic trading environment.
👍 Advantages of trading with FxPro for traders from Pakistan:
•Negative Balance Protection of a client on a real account is a unique broker service. It has an automated transaction monitoring and a risk management system, the capital is guaranteed not to go into a negative balance;
•insurance of client funds at the expense of the broker participation in an investor compensation fund;
•beginner traders will be able to access tested advisors;
•a full package of services is available to the client regardless of the balance of his account;
•VIP account holders are offered a personal manager and get a Free VPS;
•company capital exceeds 100 million euros;
•offers swap-free accounts for customers whose religious beliefs do not permit swapping eg. Islamic traders;
•the reliable trading environment provided by the competent educational and research department.
👎 Disadvantages of FxPro for traders from Pakistan:
•it is not the best choice for beginner traders who are looking for their first broker as the minimum deposit of $100 is considered high;
•difficulties registering in an affiliate program.
3
Pepperstone - Best for swap-free trading in Pakistan
Pepperstone (Pepperstone.com) was founded in 2010 in Melbourne, Australia, by professional traders who were not satisfied with the quality of services provided by most brokers. The founders decided to avoid many of the disadvantages of competitors, including high commissions, delayed execution of orders, etc. The founders therefore focused on improving the technical component. The company has set itself the goal of changing the “rules of the game” and setting the bar high for online trading.
Today, Pepperstone offers clients all over the world some of the best technological solutions and favorable trading conditions. The company also provides professional tools that help traders not only master the fine art of trading, but also significantly increase trading efficiencies. In addition, Pepperstone’s platform is scrutinized by seven regulatory authorities, including ASIC (Australian Securities and Investments Commission, AFSL No.414530), FCA (UK Financial Conduct Authority, 684312), DFSA (F004356), BaFin (151148), CMA, SCB (SIA-F217), and CySec (388/20). Moreover, with Pepperstone, clients' assets are maintained in aggregated accounts with several major, global banking institutions. These facts confirm the reliability of the company and guarantee the safety of the client's capital.
👍 Advantages of trading with Pepperstone for traders from Pakistan:
•Attractive trading conditions;
•Fast order execution - 30 ms on average;
•1,200+ trading instruments;
•Low fees; and
•No inactivity fee.
👎 Disadvantages of Pepperstone for traders from Pakistan:
•Support service works only 24/7;
•No cent account;
•Not available to US clients;
•Limited passive trading opportunities;
•Limited analytical materials available on the site. The only way to resolve this issue is to connect to trading signals;
•No news section; and
•Demo accounts can only trade for free for 60 days.
4
FTMO - Best for swap-free trading in Pakistan
FTMO is a prop trading firm offering experienced traders the chance to manage a funded account of up to $200,000 with a wide range of instruments including Forex, stocks, indices, commodities, and cryptocurrencies. To qualify, traders must pass a two-step evaluation process.
Beginners may start with a Free Trial account which has the same trading conditions as the challenge ones. Long-term traders are free to use a Swing Account that has no restrictions on holding positions over the weekend or trading during macroeconomic releases. The company offers trading with the most popular platforms – MT 4/5, cTrader, and DXtrade. The leverage is up to 1:100.
Additionally, FTMO is recognized for its educational resources and continuous support.
👍 Advantages of trading with FTMO for traders from Pakistan:
•Quite low testing cost is €155.
•Classic platforms such as MT4, MT5, and Ctrader are familiar to many traders. For these platforms, hundreds of indicators, scripts, and advisers have been developed.
•The starting reward is 80%.
•Diversification of tariff plans. Candidates can choose a demo deposit from 10 thousand to 200 thousand US dollars. There are tariff plans that span from standard to aggressive trading.
•Leverage is up to 1:100.
👎 Disadvantages of FTMO for traders from Pakistan:
•Strict requirements for the test period. The allowable maximum loss is 10% of the deposit amount. The target profit is 10%.
•There is no information about how the company is funded.
5
Fondex - Best for swap-free trading in Pakistan
Fondex is a contract for (price) differences (CFD) broker registered in Bermuda. It offers over 600 CFDs across seven types of trading instruments, including currency pairs, cryptocurrencies, stocks, indices, metals, energies, and exchange-traded funds (ETFs). Fondex provides two account types: a demo account and a real account. The real account features a standard spread starting from 0.5 pips with no trading commissions. The maximum leverage offered is up to 1:500. There is no set minimum deposit, and traders can trade micro-lots. All order types are available, and there are no restrictions on trading strategies. Swaps can be removed upon request, transforming the standard account into an Islamic account. In addition to manual trading, Fondex offers auto-trading through their proprietary cBot solution, which can be customized and even used with third-party expert advisors. Clients can also use the integrated copy trading service within the platform. Trading is conducted through the cTrader trading platform.
👍 Advantages of trading with Fondex for traders from Pakistan:
•Free demo account allows users to familiarize themselves with the platform and refine their strategies without financial risk.
•Only one real account option eliminates the need to choose among different trading conditions, guaranteeing minimal costs.
•A wide range of assets from various groups combined with high leverage enhances the potential for successful trading.
•Traders can operate without limitations, using hedging, scalping, and transferring trades to the next day.
•Fondex's automated trading is highly appreciated by experts, the functional solution of cBot is suitable for both beginners and professionals.
•The copy trading service is intuitively simple, transparent, and accessible to all.
•The broker provides typical technical and fundamental analysis tools, as well as newsfeeds and educational materials.
👎 Disadvantages of Fondex for traders from Pakistan:
•Traders can access a large number of assets, but they need to understand that they all are CFDs.
•The company operates internationally but does not work with residents of Japan, North Korea, Belgium, Canada, and some other countries.
•There is no referral program for individuals, ongoing promotions, or bonuses for new clients.
Commissions & Fees
Brokerage fees are the amount of money that you pay for using the services that a brokerage offers in order to perform trading and manage investments. The brokerage fee structure and regulations vary from broker to broker, and there are two primary fee types which are:
Trading Fees: This type of fee is only charged when you perform a trade. It can be a conversion fee, margin rate, financing rate, spread, or commission.
Non-Trading Fees: This type of fee isn't directly related to your trading activity, and it can include inactivity fee, withdrawal fee, deposit fee, etcetera.
XM Group Commissions and Fees
Traders Union analysts have analyzed the main and additional commissions for each XM Broker account. There are no additional commissions on all accounts.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Ultra Low |
From 6 USD |
No |
|
Zero |
From 0 USD |
No |
FxPro Commissions and Fees
Traders Union professional team has analyzed FxPro trading conditions for commissions. For comparison and reference convenience, the results have been presented in the table.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
From $10 |
No |
|
cTrader |
From $5 |
No |
|
Raw+ |
From $5 |
No |
|
Elite |
From $3 |
No |
Pepperstone Commissions and Fees
Pepperstone’s commissions and fee structure has been reviewed by our professional analysts for trading and non-trading commissions. The company's spread was considered as a trading commission. Our professional analysts also categorized additional fees charged for withdrawing funds as non-trading commission additional fees.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Razor |
From $0 |
No |
|
Standard |
From $1 |
No |
FTMO Commissions and Fees
The experts at the Traders Union analyzed the trading conditions of FTMO. The support service reported on a separate request that the spread is ranging from 0-3 pips on majors. The fee for testing depends on the chosen strategy and the deposit amount. The minimum deposit is €155, the maximum is €1080.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard/Swing |
From $6 |
No |
Fondex Commissions and Fees
Most brokers earn revenue through spreads and commissions from traders. Sometimes there is also a raw spread directly from the liquidity provider, which naturally leads to higher commissions. The spread itself can be either floating or fixed. In the case of Fondex, they offer a floating spread starting from 0.5 pips. Traders should keep in mind that the spread is highly dependent on market conditions and constantly changes, usually being higher than the stated amount. However, Fondex does not charge any trading commissions, which is a significant advantage as it reduces the trader's costs. Not all brokers offer such conditions.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
From $5 |
No |
Summary
Many brokers are available for traders from Pakistan, but not all of them offer good conditions. In this review, TU experts chose the Best ctrader brokers for swap-free trading in Pakistan 2025. These are the most trusted companies that offer the best conditions for traders. You will also be able to review the general assessment of each broker.
Overall score of the best cTrader Brokers For Swap-Free Trading in Pakistan
| XM Group | FxPro | Pepperstone | FTMO | Fondex | |
|---|---|---|---|---|---|
|
Overall score |
9.1 |
7.9 |
7.17 |
9.67 |
4.81 |
|
Execution of orders |
9.35 |
8.25 |
9.15 |
8.6 |
2.63 |
|
Investment instruments |
9.2 |
10 |
10 |
4.89 |
2 |
|
Withdrawal speed |
7 |
6 |
7 |
7.21 |
8 |
|
Customer Support work |
8.7 |
8.9 |
6.98 |
8.01 |
2.9 |
|
Variety of instruments |
8.02 |
9.27 |
8.75 |
7.52 |
7.4 |
|
Trading platform |
8.9 |
9.2 |
7.29 |
7.96 |
2.63 |
|
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FAQ
Does the choice of a beginner differ from the choice of an experienced trader?
Yes. A novice trader should primarily consider the availability of educational tools and a demo account, as well as basic assets. A more experienced trader is interested in wider opportunities on advanced account types, a wider choice of instruments for technical analysis, and a greater number of trading instruments.
What commissions and fees should I take into consideration when I am choosing a broker?
The commissions and fees in the financial markets are divided into trading and non-tradings ones. Trading fees are the fees that are charged directly during trading (spread, commission per lot, etc.), while non-trading fees are the ones charged outside the trading process (for example, account fee, inactivity fee, deposit and withdrawal fee).
Can you earn passive income in the financial markets?
Yes, the best brokers in Pakistan offer passive income options. These could include copy trading, PAMM accounts, managed portfolios, etc.
What factors are important when you are choosing a broker?
When you are choosing a broker, it is important to make sure it is a reliable company, consider its fees, the list of trading instruments, deposit and withdrawal methods and other factors. It is important to study a broker in detail, before opening an account with it.
Best cTrader Brokers For Swap-Free Trading by Countries
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.