Updated: 2 October 2026 · Rankings period: 1–31 August 2026 · By Kashif Hameed Malik

Looking for the top 10 PSX brokers in Pakistan? Start with the official Pakistan Stock Exchange lists below. Then compare the things you will actually use: the trading app, charges, withdrawals and help when you get stuck.
Opening an account is the first step. After that, you still need to learn how to use the software, research a company and place an order. This guide helps you choose a broker and find the right support for what comes next.
Our connection, explained: Hawks Global is attached to Mohammad Munir Mohammad Ahmed Khanani Securities Limited (MMK) through dealer Asawar Hameed, code 133. We offer starting support through this reference. That connection does not change the PSX rankings below or make MMK the best choice for everyone.
How PSX Officially Ranks Brokers Each Month
PSX publishes separate lists, rather than one overall winner. The page checked on 2 October 2026 shows August 2026 results:
- Most active accounts: brokers ranked by active investor accounts.
- New UINs opened: new investor identification numbers opened during the period.
- Traded volume: the number of shares traded through a broker.
- Traded value: the rupee value of trades through a broker.
These are activity measures. They do not tell you which app is easiest, who has the lowest charges or what return you will earn. All ten brokers in a category are worth considering, but your own needs should decide the choice.
2026 PSX Broker Rankings — Official Category Summary
The ten brokers below are in PSX’s most active accounts list, in its official order. The other columns show their position in the same month’s separate lists.
On a phone, swipe the table sideways. “—” means outside that category’s top ten for this month; it is not a negative rating.
| Broker | Active accounts | New UINs | Volume | Value |
|---|---|---|---|---|
| AKD Securities Limited | 1 | 2 | 4 | 2 |
| JS Global Capital Limited | 2 | 3 | 3 | 3 |
| Mohammad Munir Mohammad Ahmed Khanani Securities Limited (MMK) | 3 | 5 | 2 | 4 |
| KTrade Securities Limited | 4 | 1 | — | — |
| Arif Habib Limited | 5 | 4 | 9 | 7 |
| BMA Capital Management Limited | 6 | 7 | 10 | 10 |
| Next Capital Limited | 7 | 6 | — | — |
| Standard Capital Securities (Private) Limited | 8 | 9 | — | — |
| Foundation Securities (Private) Limited | 9 | — | — | — |
| Syed Faraz Equities (Private) Limited | 10 | 8 | — | — |
Source: PSX official Top 10 Brokers page, August 2026. Check the source again before applying because the lists change.
See the full new UIN, traded volume and traded value lists
New UINs opened
- KTrade Securities Limited
- AKD Securities Limited
- JS Global Capital Limited
- Arif Habib Limited
- Mohammad Munir Mohammad Ahmed Khanani Securities Limited
- Next Capital Limited
- BMA Capital Management Limited
- Syed Faraz Equities (Private) Limited
- Standard Capital Securities (Private) Limited
- MRA Securities Limited
Traded volume
- MRA Securities Limited
- Mohammad Munir Mohammad Ahmed Khanani Securities Limited
- JS Global Capital Limited
- AKD Securities Limited
- Adam Securities Limited
- Growth Securities (Private) Limited
- Adam Usman Securities (Private) Limited
- Apex Capital Securities (Private) Limited
- Arif Habib Limited
- BMA Capital Management Limited
Traded value
- MRA Securities Limited
- AKD Securities Limited
- JS Global Capital Limited
- Mohammad Munir Mohammad Ahmed Khanani Securities Limited
- Adam Securities Limited
- Intermarket Securities Limited (formerly EFG Hermes)
- Arif Habib Limited
- Adam Usman Securities (Private) Limited
- Growth Securities (Private) Limited
- BMA Capital Management Limited
How to choose a PSX broker as a beginner
You do not need to choose the broker at number one. Before applying, ask each broker these practical questions:
- Can I see the app? Ask how to view your holdings, place buy and sell orders and check order status.
- What will I pay? Get the current written commission and charges schedule, including any minimum commission and account charges.
- How do deposits and withdrawals work? Confirm the approved bank details, process and expected times with the broker.
- Who helps me? Ask which support channel to use if an order, login or withdrawal needs attention.
- Which account fits me? Tell the broker whether you live in Pakistan or overseas and ask about the required documents and account route.
Compare the answers rather than relying on “best broker” labels. A busy broker can still be a poor fit for your preferred way of learning.
Why Open Your Account Through Hawks Global?
You can apply to a broker yourself. But if you are new, you may get to the next screen and wonder: what do I do now?
Get help opening your account
We can help you understand the application steps, prepare the required documents, find our beginner resources and get started with the trading software. This starting support is offered without a separate Hawks Global guidance fee through our reference. The broker’s own charges still apply.
Structured classes and tax filing are separate services. We explain the scope and price before you enrol or book a service.
Understand the wider investment world
Our support starts with helping you understand the application and trading software. If you want to go further, our learning programmes can help you build practical knowledge of:
- PSX: how the market works, how to research a company and how buy and sell orders work.
- ETFs: how a fund can hold a basket of investments, and what to check before buying.
- Government bonds and debt securities: how returns, payment dates and risks differ from shares.
- PMEX: how access through an authorised broker works, and why margins and leverage need care.
- Private equity: investing in businesses outside the stock exchange, including the risks and limits on selling your investment.
You do not need to know all of this before you start. Drop us a message on WhatsApp with what you want to learn, and we will help you choose the right next step into the corporate and investment world. We will explain which topics are included in your chosen programme and any separate fee. Access to each market depends on its own account requirements.
For account-opening help: message your name, country and whether you already have a PSX account. We will explain the documents and next step. Our target for a complete, eligible application is around 24 hours, subject to the broker’s checks and approval.
Already opened an account? Choose your next step
Keep your existing broker if it suits you. You do not need an MMK account to learn with us.
If you use another broker, we can also offer starting guidance for a separate fee. Message us with what you need help with; we will explain the available plan, its price and what is included before you decide.
PSX Foundation Course — live teaching
PKR 15,000 one-time · 15 days
For beginners who want to understand the whole process: using the software, researching a company, buying and selling, managing risk and planning when to hold or exit. Learn how to make decisions rather than depend on tips.
Choose the programme, then contact us to confirm the next live sessions. Payment and enrolment steps are shown inside the course page.
Learn at your own pace — recorded course coming soon
Recorded lectures and visual software walkthroughs are being prepared. They are not available to purchase yet. You can start with live teaching while the recorded library is completed.
Explore the guide library, financial calculators, halal investing articles and tax filing guide for PSX investors. Confirm current rules and charges before acting.
Frequently Asked Questions
Which PSX broker is best for beginners?
There is no single official “best for beginners” ranking. Compare charges, the app, account requirements and support. MMK is an option if you want starting help through our dealer reference; the other listed brokers can also be considered.
Is opening an MMK account the same as joining the course?
No. Account opening and free starting support through our reference are separate from the paid Foundation Course. Enrol in the course only if you want structured teaching.
How much money do I need to start investing in PSX?
Ask your chosen broker about its current minimum deposit and charges. Your learning budget and investment money are separate. Start with an amount you can afford to put at risk; an account does not mean you must trade immediately.
Can overseas Pakistanis invest in PSX?
Ask about the account route for your country of residence, including Roshan Equity Investment where eligible. Contact us with your country and account status so we can help you understand the next steps and document requirements.
Is investing in PSX halal?
Not every listed company is Shariah-compliant. Check the latest official screening information for the company and your intended investment. Choosing a broker does not make every stock halal.
What happens to my investment if a broker closes down?
Keep track of how your securities are held, your CDC records and the broker’s cash balance statements. Do not assume every account balance is risk-free. Ask the broker and CDC about your account arrangement and use official complaint channels if something is wrong.
Disclaimer
This guide explains broker activity rankings and beginner education. Hawks Global is not a licensed investment adviser or portfolio manager. Account approval belongs to the broker. Education and support do not guarantee profits or prevent losses. Decide only after your own research and checks.




9 thoughts on “Top 10 PSX Brokers in Pakistan 2026”
I am looking for a broker in Pakistan that offers a facility to trade in commodities, stocks (both US and Pakistani), forex, and, in the future, cryptocurrencies.
I am a retired business executive from a USA multinational and my own business in Pakistan.
I would appreciate it if you could suggest highly professional brokers who preferably have an office in Lahore.
I will be a beginner in this respect
Dear, its best to be go with AKD as you are beginner. For more assistance, kindly approach us via Whatsapp button given on the homepage.
Looking for an economical user-friendly broker for new investor in psx.
Best, you can do the research either by yourself or simply drop us a message on whatsapp.
I’m beginner I want to open psx account for long time invester but confused about broker,witch broker are best for me ? Best service … kindly gaid me ..
Thanks you
Great to hear that! 😊
Kindly message us on WhatsApp for account opening process and requirements: [https://wa.me/923103143099]
Our team will respond quickly.
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