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No Regulation
Score
1.52 /10
Danger
Punjab Capital
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.09
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2024-11-17
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Punjab Capital is an unregulated stock broker registered in Pakistan on November 29, 2016. It requires a minimum deposite of PKR 5 000 (approximately $18) and supports trading through KiTS, a Pakistan trading application.
Pros and Cons
| Pros | Cons |
| Multiple Educational Resources | Lack of Regulation |
| Comprehensive Customer Support | Limited Account Types |
| Limited Trading Choices | |
| Limited Information Transparency | |
| No Demo Accounts |
Is Punjab Capital Legit?
Punjab Capital lacks any legal regulation, so when you encounter any fraud related issues, you may find yourself with nowhere to turn for assistance and recover your assets. Therefore, before trading with Punjab Capital, you must be cautious and verify its authenticity.
What Can I Trade on Punjab Capital?
You can only trade shares in Punjab Capital. Other trading instrument like forex pairs and commodities are not available.
| Tradable Instruments | Supported |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Stock | ✔ |
| Mutual Funds | ❌ |
Punjab Capital Commision
Punjab Capital's commission charging rules are rather complex, with a 30% margin requirement for leverage trading. Their services including equity trader facility, online trading terminal, and research reports at social media, all of which require commissions. Additionally, online fund transfers also charge fees.
For more details, please refer to the screenshot provided below:
Trading Platform
Punjab Capital only supports trading through KiTS, providing Stock rates of registered Stocks in Pakistan Stock Exchange (PSX), with order placement and trade summary features.
| Trading Platform | Supported | Available Devices |
| MT4 | ❌ | computer and phone |
| KiTS | ✔ | computer and phone |
Customer Service
| Contact Options | Details |
| Phone | +92 423-6311051–53; +92 333 431 3598 |
| info@punjabcapital.com.pk | |
| Social Media | Twitter: https://x.com/PunjabCapitalSecurities |
| Facebook: https://www.facebook.com/PunjabCapitalOfficial/ | |
| Supported Language | English |
| Website Language | English |
| Physical Address | Office# 319 & 320 3rd Floor, Pakistan Stock Exchange Building, 19-Khayaban-e-Aiwan-e-lqbal, Lahore - Pakistan |
The Bottom Line
The Pakistan-registered stock brokerage Punjab Capital may seem attractive with its low minimum deposit of PKR 5 000. However, it lacks legal regulation and does not support global trading platforms such as MT4 or MT5. As a result, you are advised to avoid this brokerage and choose a legally regulated one.
FAQs
Is it safe to trade with Punjab Capital?
No, trading with Punjab Capital is unsafe given the lack of legal regulation.
What is the minimum deposit at Punjab Capital?
The minimum deposit is PKR 5 000.
What trading platforms are available at Punjab Capital?
You can only trade through KiTS at Punjab Capital.
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