Best stock trading apps in Pakistan compared
| Broker | Fees on stocks | Minimum deposit | Trading apps | Stocks available for trading |
| Interactive Brokers | Between $0.0005 and $0.0035 per US share (min. per order of $0.35; max: 1% of trade value). Between 0.01% and 0.08% for other markets. | $0 | IBKR GlobalTrader, IBKR Mobile and Trader Workstation | ✔ |
| Saxo Bank | Between $0.01 and $0.02 per US share (minimum between $1 and $5 per order) Between 0.05% and 0.35% for other markets. | $2,000 | SaxoTraderGO and SaxoTrader Pro | ✔ |
| IG | From $10 per trade in stock CFDs | $0 | ProRealTime MetaTrader 4 | ✘ (Only CFDs on stocks) |
#1 Interactive Brokers (IBKR GlobalTrader)
Interactive Brokers at a glance
Products availableStocks, futures, options, Forex, commodities, bonds, mutual funds, hedge funds, ETFs, CFDs
Minimum Deposit$0 ($2,000 for margin accounts)
Deposit MethodsWire bank transfer
Commissions on stocksBetween $0.0005 and $0.0035 per US share (maximum 1% of the trade). Between 0.01% and 0.08% for other markets
Interactive Brokers has proven to be one of the most reliable brokers in the market. The company is available on the Pakistan market and was founded over 40 years ago and survived many financial crises, making it a well-established and trustworthy broker, regulated by many top-tier regulators.
They offer trading apps to trade stocks with sophisticated and powerful tools, a wide range of products available for trading, and low prices. The broker offers different mobile apps and web-based platforms that should be used according to your knowledge and experience. The mobile app IBKR GlobalTrader is a user-friendly app suitable for beginners because it simplifies investments without losing the powerful tools for which the broker is famous.
If you want to make the most out of the powerful tools provided by the broker, you can use the IBKR Mobile, a complete and sophisticated trading app where you can do much more than buy and sell stocks. As the features of this app can be overwhelming for beginners, we would recommend the IBKR GlobalTrader if you do not have a lot of experience.
In addition to the mobile apps, you will also find a desktop app and web-based apps where you have sophisticated trading tools to access the global financial markets. Overall, we believe that Interactive Brokers offers the best stock trading apps in Pakistan, you will be able to find what you are looking for, irrespective of your needs!
If you want to know more about this platform, please check ourInteractive Brokers review and visit IBKR’s website!
Interactive Brokers Mobile App
#2 Saxo Bank
Saxo at a glance
Products availableStocks, Forex, ETFs, commodities, indices, options, bonds, and futures
Minimum Deposit$2,000
Deposit MethodsCredit/Debit card, Wire transfer
Commissions on stocksBetween $0.01 and $0.02 per US share (minimum between $1 and $5 per order) Between 0.05% and 0.35% for other markets.
Saxo Bank is a Danish bank founded in 1992. It operates in Pakistan, being a reliable option for advanced traders and beginners and providing safety, fair prices, and useful tools. The Bank has two comprehensive and customizable trading apps: SaxoTraderGO and SaxoTraderPro.
As the name suggests, SaxoTraderGO is a user-friendly, customizable, and award-winning trading platform that can be used by experienced investors and beginners. The app has a mobile and a desktop version. The SaxoTraderPRO, on the other hand, is a desktop-based platform (that works on Windows and MAC) developed for advanced traders due to its level of detail and complexity. The app is extremely customizable, offers sophisticated tools to analyze and track your performance, and can be used on up to 6 different screens.
Considering that the trading apps have excellent educational resources, low prices, and an impressive range of tradable assets, Saxo deserves second place on our list of the best stock trading apps in Pakistan. The only downside we could think of is that, after registering and completing the verification, you will need to fund your account with at least $2,000 to start trading, which can be burdensome for beginners.
If you want to know more about this platform, please check ourSaxo Bank review and visit Saxo’s website!
Saxo Bank Web and Mobile App
#3 IG
IGis a well-renowned broker, offering a wide choice and low commissions in primarily CFDs and forex trading. The IGGroup (established in 1974) is one of the most valuable UK public companies (included in the FTSE 250 index), has over 300,000 clients worldwide, and covers 18,000+ marketsin total.
The user-friendly platform is available internationally (with some exceptions) and offers six base currencies: USD, GBP, AUD, EUR, SGD, and HKD. Most traders will be drawn to IG because of its CFD and Forex trading capabilities. Some of the features of the platform include:
- Extensive educational materials;
- 24-hour-a-day support;
- Weekend trading and extended hours trading;
- Fast execution times;
- Access to Meta Trader 4 (a leading forex trading application);
- Advanced tools: customizable screener, recommended news based on your account…
They offer commission-free trading for most CFDs but charge their own spread on top of the market spread. The exception is share CFDs, which are offered at the real market price without added spread, but there is a commission when opening and closing a position.
Other fees include:
- FX conversion fee of 0.5%;
- Overnight fees (depending on the product);
- Inactivity fee ($18 monthly after 2 years of inactivity);
You can learn more about their fees atthis link.
In a nutshell, IG is a broker that primarily offers CFD and Forex trading in a user-friendly interface and with competitive fees. It is tailored to both beginner and advanced traders due to a mix of educational materials and advanced trading tools.
IG Web-based App
