Score

1.52 /10
Danger

FDM

Pakistan

5-10 years

Suspicious Regulatory License

High potential risk

D

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.06

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-10-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FDM · Company summary

FDM Review Summary
Company Name FDM Capital Securities (Pvt) Limited
Founded 2001
Registered Country/Region Pakistan
Regulation No Regulation
Services Equity Brokerage, Online Trading, Custodian of Shares, Custodian of Shares, Research, Financial Advisory, Strategic Investment Advisory
Customer Support Contact Form, Tel: (021) 111-336-336, Email: info@fdm.com.pk, Social Media: Facebook, Instagram, X
Company Address Head Office - Suite No - 620621 6th floor PSX, Building Off: I.I Chundrigar Road, Karachi.

What is FDM?

FDM Capital Securities (Pvt.) Limited, established in June 2001, is a corporate member of the Pakistani Stock Exchange (PSX). FDM specializes in providing brokerage and facilitating their participation in the capital markets of Pakistan. However, it currently holds no regulations.

FDM's homepage

Pros & Cons

Pros Cons
  • Wide-Ranging Services
  • No Regulation
  • Poorly-made Interface

Pros:

  • Wide-Ranging Services: FDM offers a comprehensive range of financial services, including equity brokerage, online trading, custodianship of shares, research, financial advisory, portfolio/fund management, strategic investment advisory, and assistance for prospective buyers, sellers, and ventures.

Cons:

  • No Regulation: One significant drawback of FDM is the lack of regulation. As a brokerage firm operating without regulatory oversight, clients will face increased risks related to transparency, investor protection, and financial stability.

  • Poorly-Made Interface: Another downside of FDM is its poorly-made interface. While you enter a subpage, errors sometimes occur. When you are scrolling down, the layout sometimes displaces.

Is FDM Safe or Scam?

  • Regulatory Sight: FDM is currently functioning without any regulation, meaning it does not fall under the supervision of any financial regulatory bodies and does not possess any licenses to operate in the financial market. The absence of any such oversight raises concerns about the firms adherence to financial standards and regulations, increasing the risk for investors.

No license
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security Measures: So far we haven't found any information about the security measures for this broker.

Services

  1. Equity Brokerage: FDM facilitates trading across various markets including Regular Market, Future Market, Continuous Funding Market, Odd Lot Market, IPO Market, and Cash Settled Future Market, with real-time execution, dedicated equity dealers, and stringent risk management measures.

  2. Online Trading: FDM provides clients with a low-cost and accessible option for real-time equity trading through its web trading platform. Clients can trade in all counters of the Pakistan Stock Exchange with features such as real-time order execution, SMS confirmations, low transaction costs, and no minimum balance requirements.

  3. Custodian of Shares: FDM acts as an independent custodian of shares, offering secure storage and management of assets on behalf of its clients.

  4. Research: FDM's research team conducts continuous monitoring of political, economic, and market developments to provide clients with valuable insights. Research areas include geopolitical changes, company and sector performance reviews, technical analysis, and market trends.

  5. Financial Advisory: FDM offers a wide range of financial advisory services including IPOs, debt securities issuance, underwritings, restructuring, privatization advisory, and business valuations. Additionally, FDM provides portfolio and fund management advisory to optimize returns and mitigate risks for investors.

  6. Strategic Investment Advisory: FDM assists potential buyers, sellers, and ventures in identifying, evaluating, and executing strategic transactions. Services include target identification, feasibility studies, business valuations, transaction structuring, and fund arrangement.

Services

Customer Support

Customer Support at FDM is available from Monday to Friday, 9 am to 6 pm local time. For local users within Pakistan, they can contact FDM via phone at (021) 111-336-336. If you are outside Pakistan, you can reach them by sending an email detailing your query toinfo@fdm.com.pk or by dialing the FDM helpline from outside Pakistan.

Additionally, users can also reach out to FDM through their Contact Form on their website or connect with them on social media platforms such as Facebook, X, and Instagram. The company's Head Office is located at Suite No - 620621, 6th floor, PSX Building, Off: I.I Chundrigar Road, Karachi.

contact form

Conclusion

FDM is a securities company providing wide-ranging financial services. However it currently holds no regulations, so users should be more cautious.

Frequently Asked Questions (FAQs)

Q: Is FDM regulated or not?

A: No, it is not regulated.

Q: Is FDM a good broker for beginners?

A: No. We don't advise any traders trade with unregulated brokers.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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思想在旅行
more than one year
FDM's website looks professional, but I noticed that it is a Pakistani company. I tend to choose companies in my home country, so that everything is more convenient.
FDM's website looks professional, but I noticed that it is a Pakistani company. I tend to choose companies in my home country, so that everything is more convenient.
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2023-02-24 18:46
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