Best Mobile Trading App in Pakistan for 2024 - TOP 5 Comparison

1
7.58
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2
8.28
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3
7.76
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Many traders in Pakistan use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Mobile Trading App in Pakistan for 2024, based on our assessments.

1
7.58
VISIT BROKER
Your capital is at risk.
You can lose your money.

Exness broker is a trusted broker partner that is compliant with all relevant terms. Exness complies with all payment obligations and pays money earned.

2
8.28
VISIT BROKER
Your capital is at risk.

FBS is a broker for those who appreciate a variety of trading instruments and prompt support. The company is suitable for both beginners and experienced traders working on PCs and smartphones.

3
7.76
VISIT BROKER
Your capital is at risk.

Binance is one of the most popular cryptocurrency exchanges with its proprietary platform based on the TradingView toolkit. It is good for diversifying risks for active cryptocurrency traders.

4
6.44
VISIT BROKER
Your capital is at risk.

FreshForex is a reliable Forex broker providing a standard set of trading tools. The company is a good option for traders of all levels, from beginner to professional traders. It is mid-range in terms of size and number of registered traders and they are reliable based on our research and analysis.

5
8.4
VISIT BROKER
Your capital is at risk.
Your capital is at risk.

IC Markets Trading Company is a great broker for scalping enthusiasts, automated trading lovers, and beginner traders.

  • Is Forex legal in Pakistan?

    Yes, Forex trading including using overseas trading apps & brokers is completely legal for Pakistani residents as long as appropriate taxes are paid as per law.

  • Is Forex trading Halal or Haram?

    The legal and regulatory framework in Pakistan does not explicitly address the halal status of Forex trading. But many Forex brokers offer Islamic, or swap-free, accounts that do not accrue interest. These accounts are designed to comply with Islamic finance principles.

  • How much internet connection speed do I need for smooth trading?

    Minimal continuous connectivity without lags or dropouts is essential. 5Mbps is recommended for robust trading activity, while at least 3Mbps should suffice otherwise.

  • How much mobile data does executing typical Forex trades consume?

    Executing trades via Forex trading apps uses minimal data, averaging 5-15kB per transaction even for complex multi-leg orders. No streaming required.

Exness FBS Binance FreshForex IC Markets

Overall score

7.58

8.28

7.76

6.44

8.4

Execution of orders

9.6

9.5

9.1

6.3

9.45

Investment instruments

8.79

6.96

3.15

4.1

8.77

Withdrawal speed

8.79

9.57

7.61

5.71

9.43

Customer Support work

9.29

7.58

8.97

6.63

7.19

Variety of instruments

8.02

7.02

9.48

7.37

8.02

Trading platform

1

9.03

8.23

8.5

7.51

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1
Best Mobile Apps in Pakistan - Exness

Exness is one of the world’s largest brokers, known for its competitive trading conditions, high security, and wide selection of assets. The company serves over 700,000 active clients and processes a monthly volume exceeding $4 trillion.
While specializing in currency pairs, Exness also offers CFDs on stocks, commodities, indices, and cryptocurrencies. The broker caters to all experience levels with various account types – from cent accounts and social trading for beginners to high leverage and Expert Advisor support for seasoned professionals.
Exness holds multiple international licenses, including the stringent FCA and CySEC, ensuring trader funds are protected.
With features like 24/7 support, fast withdrawals, and analytics tools, Exness strives to provide an optimal trading experience.

👍 Advantages of trading with Exness for traders in Pakistan:

Availability of 8 licenses and a membership in the Financial Commission with its own compensation fund to insure traders against losses;

Wide choice of account types — Standard, Pro, Cent, Swap Free, and Demo;

Wide range of CFDs, including over 100 currency pairs;

Zero deposit and withdrawal fees;

Proprietary platforms for active and social trading, as well as all versions of classic MT4 and MT5.

👎 Disadvantages of Exness for traders in Pakistan:

The broker’s website offers almost no educational materials;

24/7 support isn’t available in all languages.

VISIT BROKER
Your capital is at risk.
You can lose your money.

2
Best Mobile Apps in Pakistan - FBS

FBS is an international broker with a strong presence in Asia, offering a wide range of trading instruments including Forex, stocks, indices, energies, and metals. With over 90 international awards and 27 million clients across 150 countries, FBS boasts a strong global reputation.
The company provides flexible trading conditions: leverage up to 1:3000, floating spreads from 0.7 pips, commission-free trading, and fast execution speeds starting at 0.01 seconds. FBS ensures client security with negative balance protection and offers a user-friendly experience on familiar trading platforms.
While FBS doesn't currently offer cryptocurrency trading or passive income options like PAMM accounts and copy trading, its competitive conditions and extensive educational resources make it a compelling choice for traders seeking a comprehensive and accessible experience.

👍 Advantages of trading with FBS for traders in Pakistan:

negative balance protection;

a large selection of trading instruments;

the support service works 24/7.

👎 Disadvantages of FBS for traders in Pakistan:

no cryptocurrency;

auto copying is not available;

no PAMM accounts;

not suitable for short-term trading, such as scalping;

the support service works in a limited number of languages;

only two real accounts.

VISIT BROKER
Your capital is at risk.

3
Best Mobile Apps in Pakistan - Binance

The Binance exchange is one of the largest cryptocurrency exchanges in the world with its headquarters in Hong Kong. According to the CoinMarketCap cryptocurrency portal, Binance holds the top spot in terms of aggregate indicators of the platform's daily turnover, the number of novices and active users, liquidity, and web traffic (ranking, queries, statistics in search engines, etc.). The exchange is also a cryptocurrency startup that has its own “native asset” used in the Binance ecosystem as the “basis gas” (payment internal unit). More about Binance Card

👍 Advantages of trading with Binance for traders in Pakistan:

low commissions due to liquidity and trading volumes.

high platform performance;

proprietary BNB Coin which allows Binance to reduce the commission size;

a proprietary cold wallet guarantees the security of your crypto assets by storing them.

👎 Disadvantages of Binance for traders in Pakistan:

complex verification procedure;

the exchange is not licensed by a regulator;

The platform can go offline without warning;

there are complaints about the technical functionality of the platform;

there is an intricate mechanism for calculating commissions and rewards (grid system Maker/Taker).

VISIT BROKER
Your capital is at risk.

4
Best Mobile Apps in Pakistan - FreshForex

FreshForex offers more than 270 assets for trading, including Forex, CFDs on stocks, precious metals, energy, indices, and cryptocurrencies.
FreshForex boasts attractive trading conditions with spreads from 0 pips and leverage up to 1:2000. There are several account types - Classic, Market Pro, and ECN - catering to different trader levels and preferences. Traders can start with a minimum deposit of just $10, though higher deposits are recommended for certain accounts.
While lacking a top-tier regulatory license, FreshForex has built a reputation through 19 years of operation with over 20 international awards for its trading conditions and services. The broker aims to provide flexible, low-cost trading options across multiple asset classes.

👍 Advantages of trading with FreshForex for traders in Pakistan:

favorable trading conditions;

work with the liquidity providers having a European license;

130 instruments for trading: Forex instruments, CFDs on precious metals, energy products, and indices, as well as corporate shares;

spreads from 0 pips;

the ability to replenish the account and withdraw funds quickly;

bonuses and offers;

easy to use the software that is available on your desktop computer, laptop, tablet, or smartphone.

👎 Disadvantages of FreshForex for traders in Pakistan:

customer service works 24 hours although not on weekends;

no cryptocurrency for trading;

no investment programs;

access to the affiliate group is not available via the Traders Union.

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5
Best Mobile Apps in Pakistan - IC Markets

IC Markets stands out as a highly reputable broker offering trading with 2,250+ instruments across Forex, stocks, commodities, cryptocurrencies, and more.
The broker provides ultra-fast execution with order speeds up to 40 milliseconds facilitated by its top-tier liquidity partners and processes over $29 billion in Forex trades daily. With a strong focus on active traders, it offers ECN accounts with raw spreads from 0 pips and leverage up to 1:500 (based on which regulator's rules apply to a trader's account). Copy trading is also well-supported through integration with ZuluTrade, cTrader Copy, and other platforms.
IC Markets clients benefit from robust security and regulatory licenses from ASIC, CySEC, and others.

👍 Advantages of trading with IC Markets for traders in Pakistan:

Availability of three licenses;

Wide range of assets;

Standard and ECN account types for trading on different platforms;

Mobile apps for Android and iOS-based devices;

Scalping, hedging, and algorithmic trading are allowed;

Minimum delay when executing orders and ultra-fast market execution;

Competitive trading fees;

Wide choice of social trading and copy trading platforms;

24/7 support via live chat;

Demo accounts on MT4, MT5, and cTrader;

Swap-free accounts are available for Muslim traders.

👎 Disadvantages of IC Markets for traders in Pakistan:

Education materials available on the website are not very informative or diverse;

Rebates are available outside Australia and the European Economic Area;

Not all clients are equally protected since compensation for investment is subject to the trader's country of residence.

VISIT BROKER
Your capital is at risk.
Your capital is at risk.

Best Mobile Trading App in Pakistan 2024: Education for Investors

When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.

Exness - Education for Investors

Investment Education Online

Information

Currently, Exness doesn’t provide training for novice traders. If you want to learn basic Forex and CFD concepts, go to the Help section of the website. To develop practical trading skills, open a demo account.

FBS - Education for Investors

Investment Education Online

Information

The FBS website has an impressive training section where everyone can get the information they need to trade successfully on Forex and beyond. The broker provides a quick guide to Forex, tips for traders, and video tutorials. The company also conducts webinars. The section is divided into levels for beginners, elementary, intermediate, and advanced levels.

Information available in the Education section
Information not available on the FBS website
How to read currency quotes and buy/sell currency pairs in the FBS trading terminal, as well as how to calculate your financial results
There is no detailed analysis of each question in the articles on the site
Fundamental and technical analysis of the market
 
How to understand trends, ranges, and breakouts
 
Trading styles
 
Psychology of traders and risk management
 
Glossary
 
Webinars and video tutorials
 

To practice the knowledge gained on the FBS website, the specialists of the brokerage company recommend opening a demo account. You can practice on it without risking real money. The next step is to open a cent account which will allow you to trade in the real market, but with lower risks than on a standard account.

To support traders, a separate analytical section with an economic calendar, a currency converter, and calculators have been created on the site.

FreshForex - Education for Investors

Investment Education Online

Information

A separate Training section has been created on the official website, where traders can find useful materials to increase their level of knowledge as well as the Analytics section with many tools.

Information available in the "Education and Training" section
Unavailable information on the FreshForex website
Fresh forecast
No Dow Jones news
Calendar of events and calendar of holidays
No cryptocurrencies news
Training sessions scheduled
No cryptocurrency analytics
Interest rates
No video analysis
Financial news
No Autochartist service
Optional analysis
No FXStreet calendar
Murray levels analysis
No analysis from Claws&Horns
Determining trade potential
No Fibonacci analysis
Fundamental analysis
No Japanese candlestick analysis
Wave analysis
 
Margin levels analysis
 
Trading signals
 
Calendar of MetaQuotes news
 
Each of these instruments can be tested at the training (free) account.
 

IC Markets - Education for Investors

Investment Education Online

Information

The Education section on the broker’s official website contains the basics of over-the-counter (OTC) trading on the Forex market. Forex glossary is available in the Help & Resources block. The Australian office also has podcasts with their infographic text decoding.

Information available with IC Markets
Information not available on the IC Markets website
Description of general concepts of financial markets
Settings for copy trading on MetaTrader
Main advantages of trading derivatives on the OTC market
Videos on MetaTrader 4 and cTrader
Webinars
Forex and CFD glossary

To virtually trade without risking real money, open a demo account on MT4, MT5, or cTrader.

Summary

In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Pakistan choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Mobile Trading App in Pakistan 2024.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

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
Author and editor at Traders Union

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.