RSL

WikiFX | 2025-07-02 18:20

Abstract：RSL is an unregulated service provider of premier brokerage and financial services, which was founded in Pakistan in 2004. It offers trading on commodities, stocks, indices, forex, options, and futures on Vtrade, PMEX Software, and MT5 platforms. The minimum deposit is PKR 25,000.

RSL Review Summary
Founded	2004
Registered Country/Region	Pakistan
Regulation	No regulation
Market Instruments	Commodities, stocks, indices, forex, options, futures
Demo Account	✅
Leverage	/
Spread	/
Trading Platform	Vtrade, PMEX Software, MT5
Minimum Deposit	PKR 25,000
Customer Support	24/5 support, contact form
	Tel: 021-111-159-111
	Whatsapp: 0337-3159159
	Email: Info@rafionline.com
	Facebook, X, Instagram, Linkedin
	Address: 1004, 10th Floor, Al-Rahim Towers I.I Chundrigar Road, Karachi

RSL Information

RSL is an unregulated service provider of premier brokerage and financial services, which was founded in Pakistan in 2004. It offers trading on commodities, stocks, indices, forex, options, and futures on Vtrade, PMEX Software, and MT5 platforms. The minimum deposit is PKR 25,000.

Pros and Cons

Pros	Cons
Long operation time	Lack of regulation
Various trading products	Commission fees charged
Demo accounts	Limited info on deposit and withdrawal
MT5 platform
Various contact channels

Is RSL Legit?

No. RSL currently has no valid regulations. Please be aware of the risk!

Besides, its domain status shows that client transferring, deleting and updating are prohibited.

What Can I Trade on RSL?

Trading Instruments	Supported
Commodities	✔
Stocks	✔
Indices	✔
Forex	✔
Options	✔
Futures	✔
Cryptos	❌
Bonds	❌
ETFs	❌

RSL Fees

RSL offers flexible commission options, varying by trading instruments type.

Category	Service/Instrument	Commission/Fee	Additional Notes
Equity Trading	Local Stocks	0.25% of trade value (min ₹20 per order)	Lower rates for high-volume traders
Equity Trading	IPO Applications	₹50 per application	Refundable if allotment fails
Derivatives Trading	Futures	0.03% of trade value (min ₹20 per order)	Intraday discounts available
Derivatives Trading	Options	₹50 per lot	Flat fee regardless of contract size
Currency & Commodities	Currency Derivatives	0.02% of trade value (min ₹15 per order)
Currency & Commodities	MCX Commodities	0.04% of trade value (min ₹25 per order)
Account Fees	Demat Account Annual Fee	₹300/year	Waived for first year
Account Fees	Trading Account Maintenance	₹0
Other Charges	Brokerage Plans	Flat Fee Plan: ₹999/month (unlimited trades)	Contact for negotiated corporate rates
	Brokerage Plans	Volume Discounts: Custom rates	Contact for negotiated corporate rates
	Call & Trade	₹20 per executed order	0 for online trading
	Pledge Creation	0.02% of loan value (min ₹100)

More details can be found via https://rafionline.com/Comission-charges

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Vtrade	✔	PC, web, mobile	/
PMEX Software	✔	PC, web, mobile	/
MT5	✔	PC	Experienced traders
MT4	❌	/	Beginners