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Abbasi

Moderate riskStockbroker
Pakistan · 5-10 years · since 2019-08-19 · Abbasi and Company (Pvt) Ltd
This is a stockbroker, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
45/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.58/10
Trustpilot—/5
Forex Peace Army—/5
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Abbasi operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
45
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)5010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameAbbasi and Company (Pvt) Ltd
Headquarters Pakistan
Founded2019-08-19
Years operating5-10 years
Employees0
Official websiteabbasiandcompany.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
6 Shadman, Lahore, Pakistan

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Abbasi presents itself as a dual-licensed stock and futures broker in Pakistan, but FXCanary records do not confirm the claimed SECP regulation. The absence of verifiable licensing places the broker in a guarded risk category with a score of 45/100. While the website appears professional and offers local exchange-traded products, the lack of regulatory transparency warrants caution. Traders should verify the broker's regulatory status directly with SECP before depositing funds and be aware of limited recourse in case of disputes.

Best for
  • Pakistani stock traders seeking access to PSX
  • Futures traders interested in PMEX commodities and currency pairs
  • Clients preferring local account opening with physical documentation
Not for
  • Traders requiring verifiable regulatory oversight
  • International clients outside Pakistan
  • Those seeking leveraged forex or CFD trading
Period:

Real user reviews

Where Abbasi operates

Active across 7 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇵🇰 Pakistan
🇺🇸 United States
🇸🇦 Saudi Arabia
🇩🇪 Germany
🇨🇦 Canada
🇦🇪 United Arab Emirates
🇫🇷 France

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What Abbasi says about itself as stated by the broker · not independently verified by FXCanary

About Abbasi and Company

According to its official website, Abbasi & Company Private Limited (ACPL) is a notable financial brokerage firm in Pakistan. The company claims to be a TREC Holder of the Pakistan Stock Exchange Limited and a Universal Member of the Pakistan Mercantile Exchange Limited. It states that its senior management has vast experience spanning multiple decades, and that the company is regulated by the Securities and Exchange Commission of Pakistan (SECP). The website further asserts that ACPL has been incorporated since 1999.

Trading Platforms

The broker offers online trading in stocks through its proprietary Mobile App, Web Terminal, and Desktop Terminal. It claims these platforms provide access to real-time market rates, net custody position, ledger account details, and historical account information. Additionally, the broker touts an advanced feature for off-market order placing, allowing clients to place buy/sell orders outside regular trading sessions.

Available Instruments

Abbasi states that it provides trading in a range of instruments via PMEX, including commodity futures, currency pairs, metals, energy, agriculture, and financials. It specifically highlights currency pairs future trading, describing it as an easy money-making process. The broker also facilitates stock trading on the PSX.

Account Types and Opening

The website lists different account packages for PSX trading: an Online Self Trading account without a dedicated trader, and a Premium Package with a dedicated trader. Both packages include access to online trading platforms, a research portal, off-market order placing, trade confirmation SMS, and research reports. For commodities and currencies futures trading, separate account opening forms for individuals and corporates are available. The broker also offers a digital account opening process where clients can fill forms online and submit documents without visiting the office.

Commission and Fees

The broker provides a commission package form on its website, offering three options: Premium with Trader, Online without Trader, and a default package. Clients are required to select a commission package during the account opening process. Specific commission rates are not publicly disclosed on the site, but the broker invites potential clients to contact them for details.

About Abbasi

Company Overview

Abbasi & Company (Private) Limited, operating under the domain abbasiandcompany.com, is a financial brokerage firm based in Lahore, Pakistan. According to our records, the company was founded on August 19, 2019, though its official website claims incorporation since 1999. The firm is registered at 6 Shadman, Lahore, and maintains a presence on social media platforms including Facebook, Instagram, LinkedIn, Twitter/X, and YouTube.

The broker positions itself as a provider of stock trading on the Pakistan Stock Exchange (PSX) and commodity and currency futures trading on the Pakistan Mercantile Exchange (PMEX). It primarily targets Pakistani retail investors and traders seeking access to local markets.

Regulation and Licensing

Abbasi's website claims that the company is regulated by the Securities and Exchange Commission of Pakistan (SECP). However, in FXCanary's independent assessment, we were unable to verify this regulatory licence through our own records. The broker does not appear on any regulatory register we can access, and our Scam Risk Score of 45/100 (Guarded) reflects this lack of independent confirmation.

Traders should treat the regulatory claim with caution. Operating without verifiable oversight introduces counterparty risk, as there is no external body to ensure fair treatment or manage disputes. We recommend conducting additional due diligence before committing funds.

Trading Platforms

The broker offers three trading platforms: a mobile app for Android and iOS, a web terminal accessible through a browser, and a desktop terminal. These platforms are designed for trading stocks, commodities, and currency futures. The broker claims they provide real-time market data, order placement, and account management features.

Notably, the web terminal and mobile app appear to be proprietary solutions rather than third-placed platforms like MetaTrader. The broker also offers a free view-only terminal for starters, allowing potential clients to explore the platform without an account. Off-market order placing is a highlighted feature, enabling trades outside regular exchange hours.

Markets and Instruments

Abbasi facilitates trading in a range of asset classes through its membership on the PSX and PMEX. On the stock side, clients can trade equities listed on the PSX. For futures, the broker offers commodities (e.g., gold, silver), currency pairs, metals, energy, agriculture, and financial indices via PMEX. The broker emphasizes currency pairs futures trading as a key offering.

It is important to note that these are exchange-traded futures contracts, not over-the-counter leveraged forex or CFDs as offered by many international brokers. This makes Abbasi a stockbroker and futures broker rather than a retail forex CFD broker. The instruments are subject to exchange rules and margin requirements.

Account Types

The broker provides two main account packages for PSX trading: an Online Self Trading account without a dedicated trader, and a Premium Package that includes a dedicated trader. Both packages include access to the online trading platform, research portal, off-market order placing, trade confirmation SMS, and research reports. The commission structure differs between the two packages.

For commodities and currencies futures trading, separate account opening forms are available for individuals and corporate entities. The broker also offers a digital account opening process, allowing clients to complete the process remotely by filling an online form and submitting scanned documents. Account opening requires two CNIC copies, passport-size photographs, proof of income, and a bank statement.

Client Support and Education

The website provides a FAQs section addressing common queries about account opening and documentation. The broker also offers a research-analytical portal embedded within its trading platforms, providing daily research reports and economic news updates. Clients can connect with professional traders for guidance and training, according to the website.

Contact information includes a head office phone number, email, and WhatsApp number. However, live chat or 24/7 support is not evident. The broker appears to cater to local Pakistani clients, with support likely provided in Urdu and English during business hours.

Overview compiled by FXCanary from regulatory records and public data. full Abbasi review