PSX Brokers List in Pakistan 2026: Top Brokers, Addresses & Contact Numbers

Introduction

Choosing the right stockbroker is an important step for anyone planning to invest in the Pakistan Stock Exchange (PSX). A broker provides access to the stock market and may offer online trading, research reports, customer support, and account-opening services.

This guide to the PSX brokers list in Pakistan introduces selected brokerage firms, their published contact details, and practical ways to compare them before opening an account.

The directory includes examples of established and actively listed firms. It is not an exhaustive list of every broker in Pakistan. For the complete and latest directory, use the official PSX resources linked below.

Official PSX Brokers List

The Pakistan Stock Exchange publishes information about brokerage firms, including registered offices, branch offices, broker status, and other relevant details.

Use these official resources to verify information before opening an account:

• PSX — Find a Brokerage Firm
• PSX — Select Your Stockbroker
• PSX — Top 10 Brokers
• SECP — Securities Brokers List

A firm's presence in an older directory does not necessarily confirm that it remains eligible to accept new clients. Check the latest official status before proceeding.

Selected PSX Brokerage Firms: Addresses and Contact Details

The following firms appear in PSX's published broker rankings or official TREC-holder directory. Contact details below are drawn from the PSX directory published on 6 January 2026 and should be reconfirmed before visiting an office or sending documents.

1. AKD Securities Limited

• Status in the cited PSX directory: Active
• Office address: 602, Continental Trade Centre, Block 8, Clifton, Karachi
• Phone: 021-111-253-111; 021-35374297
• Email: info@akdsl.com
• Website: www.akdsl.com

2. JS Global Capital Limited

• Status in the cited PSX directory: Active
• Office address: 17th and 18th Floor, The Centre, Plot No. 28, S.B.5, Abdullah Haroon Road, Karachi
• Phone: 021-111-574-111; 021-32799005
• Website: www.jsgcl.com

3. KTrade Securities Limited

• Status in the cited PSX directory: Active
• Office address: Office No. 201–202, Plot No. 33-C, Bukhari Commercial Lane 13, Phase VI, DHA, Karachi
• Phone: 111-115-272; 021-35172081–084
• Email: contact@kasb.com
• Website: www.kasb.com

4. Arif Habib Limited

• Status in the cited PSX directory: Active
• Office address: Plot No. 23, 2nd Floor, Arif Habib Centre, M.T. Khan Road, Karachi
• Phone: 021-32460717–19; 021-32415213–15
• Website: www.arifhabibltd.com

5. Mohammad Munir Mohammad Ahmed Khanani Securities Limited

• Status in the cited PSX directory: Active
• Office address: Rooms 505, 622–627, 631–632, 724 and NB-208–209, PSX Main/New Building, Stock Exchange Road, Karachi
• Phone: 021-36490034; 021-32441179
• Website: www.munirkhanani.com

6. Next Capital Limited

• Status in the cited PSX directory: Active
• Office address: 2nd Floor, Imperial Court Building, Dr. Ziauddin Ahmed Road, Karachi
• Phone: 021-35632356–58
• Website: www.nextcapital.com.pk

7. MRA Securities Limited

• Status in the cited PSX directory: Active
• Office address: Offices in the PSX Main/New Building, Stock Exchange Road, Karachi
• Phone: 021-32410136–40; 021-32414115
• Website: www.mra.com.pk

8. Topline Securities Limited

• Status in the cited PSX directory: Active
• Office location: PSX Stock Exchange Road, Karachi, according to the published directory
• Website: www.topline.com.pk

Contact details and office locations can change. Confirm the current telephone number, branch address, and account-opening arrangements directly with the firm.

Source for the above directory entries: PSX List of TREC Holders (published 6 January 2026).

Which Are the Top PSX Brokers in Pakistan?

There is no single broker that is best for every investor. The PSX publishes different broker rankings based on specific measures.

For the period 1–30 September 2026, the official PSX ranking included:

• Most active accounts: AKD Securities, JS Global Capital, KTrade Securities, Mohammad Munir Mohammad Ahmed Khanani Securities, and Arif Habib Limited appeared among the leading firms.
• New UINs opened: KTrade Securities, AKD Securities, JS Global Capital, and Arif Habib Limited appeared among the leading firms.
• Traded volume: MRA Securities, AKD Securities, Mohammad Munir Mohammad Ahmed Khanani Securities, JS Global Capital, and Growth Securities appeared among the leading firms.
• Traded value: MRA Securities, JS Global Capital, AKD Securities, Mohammad Munir Mohammad Ahmed Khanani Securities, and Adam Securities appeared among the leading firms.

These are rankings by the stated activity measures, not an overall rating of service quality, reliability, charges, or suitability.

Check the latest official PSX Top 10 Brokers page for the reporting period and complete rankings.

How to Choose a PSX Broker

Before opening an account, compare firms against your own needs.

1. Verify the Broker's Status

Confirm that the brokerage firm is currently recognized by PSX and appropriately licensed by the Securities and Exchange Commission of Pakistan (SECP). Check the current status rather than relying on an advertisement or an old directory.

2. Compare Brokerage Charges

Ask for a complete schedule of commissions and other applicable charges. Depending on the transaction and account, these may include exchange, clearing, depository, tax, or other applicable fees.

Do not compare brokers on commission alone; understand the total cost of trading.

3. Check the Online Trading Platform

If you intend to trade online, review the mobile app or web platform, order placement, market data, account statements, security features, and support arrangements.

4. Evaluate Research and Customer Support

Some investors value company research, market reports, and access to a representative. Others prioritize simple digital account opening and self-directed trading.

Choose the services that match your experience and requirements.

5. Confirm Account and Securities Arrangements

Understand how your brokerage account, cash funding, and securities custody are handled. Ask how to access statements and trade confirmations, and how to contact the firm if an account or transaction issue arises.

6. Check Office Location and Contact Details

If you prefer in-person support, confirm whether the broker has a functioning branch in your city. Always call ahead before visiting.

How to Open a PSX Brokerage Account

The exact process varies by firm, but investors generally need to:

1. Choose and verify a brokerage firm.
2. Review its account types, fees, terms, and required documents.
3. Submit the applicable identity and account-opening information.
4. Complete any required verification and suitability procedures.
5. Follow the broker's official funding instructions.
6. Learn how to place orders and review account statements before trading.

Some brokers support digital account opening. Check the current PSX list of brokers facilitating online account opening and confirm the process with your chosen firm.

Never share passwords, one-time verification codes, or trading-account credentials with an unsolicited caller.

Can You Choose a Shariah-Compliant Brokerage Service?

Investors seeking Shariah-compliant investing should distinguish between a brokerage firm's services and the Shariah status of an individual investment.

Ask the broker whether it offers relevant Shariah-compliant investment options, screening information, or suitable account services. Then independently verify each company's current Shariah status using an applicable and up-to-date screening methodology.

A broker's participation in the stock market does not automatically make every security available through it Shariah-compliant. Consult a qualified Shariah advisor when you need a religious ruling.

Frequently Asked Questions

Which broker is the best for PSX?

There is no universally best broker. Compare current regulatory status, fees, trading facilities, research, support, and account requirements. PSX rankings can help you identify active firms but do not establish which firm is best for your individual needs.

Where can I find the complete PSX brokers list?

Use the official PSX TREC Holders directory and verify each firm's current status.

Can I open a PSX account online?

Some brokerage firms facilitate online account opening. Confirm eligibility, required documents, verification steps, and availability directly with the firm.

Are broker contact numbers and addresses permanent?

No. Firms can change telephone numbers, websites, branches, and office addresses. Confirm details on the broker's official website and through PSX before contacting or visiting.

Does a top-ranked broker guarantee investment profits?

No. A ranking based on accounts or trading activity does not guarantee investment performance, customer satisfaction, or returns. Investments in shares carry market risk.

Final Thoughts

Finding the right brokerage firm is an important first step for a PSX investor. Use the official broker directory to confirm licensing and current status, compare charges and platform features, and check that the firm's services fit your needs.

PSX Investors Zone aims to help investors make informed decisions through accessible financial education and transparent research. Verify all broker information independently before opening an account.