Brokers  /  Alfalah Securities

Alfalah Securities

Moderate risk
Pakistan · 5-10 years · since 2019-08-21 · Alfalah Securities (Private) Limited
This is a , 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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Independent ratingshow third parties score this broker
WikiFX1.75/10
Trustpilot/5
Forex Peace Army/5
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Alfalah Securities 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.
48
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
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)7810%

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 nameAlfalah Securities (Private) Limited
Headquarters Pakistan
Founded2019-08-21
Years operating5-10 years
Employees0
Official websitealfalahsec.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
4th Floor, Block-1, Shafi Court, Plot# CL 5/6-1, Civil Lines, Karachi

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Alfalah Securities is an unregulated broker based in Pakistan with no verified public information beyond its registration details. The absence of regulatory oversight and limited transparency contribute to a guarded risk score of 48/100, indicating significant uncertainty for potential clients. Traders are advised to avoid this broker until verifiable regulatory status and detailed product information are provided.

Best for
  • Not recommended for any trader due to lack of regulation and public information
Not for
  • Traders seeking regulated brokers
  • Those requiring transparent fee and product disclosure
  • Risk-averse investors
Period:

Real user reviews

Where Alfalah Securities operates

Active across 1 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.

🇺🇸 United States

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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About Alfalah Securities

Company Overview

Alfalah Securities is a financial entity registered in Pakistan, with an official presence at aof.com.pk. The company was established on 21 August 2019, and its registered address is located at 4th Floor, Block-1, Shafi Court, Plot# CL 5/6-1, Civil Lines, Karachi.

Based on the available regulatory records, Alfalah Securities does not hold any known regulatory licenses from financial authorities. This absence of regulation is a significant factor for traders to consider, as it means the broker operates without oversight from a recognized regulatory body.

Regulatory Status

As per the known facts, Alfalah Securities has no regulators on file. This places the broker outside the framework of standard investor protection schemes offered by regulated entities.

For traders, dealing with an unregulated broker carries inherent risks, including limited recourse in case of disputes or financial loss. The FXCanary Scam Risk Score of 48/100, categorized as 'Guarded,' reflects this cautious assessment.

Products and Services

Publicly available information does not specify the precise financial products or services offered by Alfalah Securities. The company name suggests a securities-focused operation, but without official website content or independent reviews, the scope of its offerings remains unclear.

Potential clients should seek direct clarification from the broker regarding account types, trading platforms, available instruments (such as forex, CFDs, stocks, or commodities), and any associated fees or leverage conditions.

Account and Funding Information

No detailed account types, minimum deposit requirements, or funding methods have been identified in independent sources. The lack of transparent information makes it difficult for traders to assess suitability or compare with other brokers.

We recommend that anyone considering Alfalah Securities independently request full disclosure of account terms, withdrawal policies, and any applicable charges before committing funds.

Risk Assessment and Trader Suitability

The combination of an unregulated status, limited public information, and a guarded risk score suggests that Alfalah Securities may not be suitable for cautious traders or those seeking a regulated trading environment. Investors are advised to exercise extreme diligence.

For traders who prioritize transparency and regulatory oversight, this broker currently offers little verifiable assurance. We suggest exploring regulated alternatives, particularly those licensed by reputable authorities such as the FCA, CySEC, or ASIC.

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