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Growth Securities

  • PSX TREC 102
  • Active
  • Trading & Self-Clearing
  • Karachi

Data last checked 13 Oct 2026. Spot an error? Tell us.

Key facts

  • Growth Securities (Private) Limited is a Pakistan Stock Exchange trading & self-clearing broker, licence TREC 102, listed as "Active" on the PSX register.
  • It is based in Karachi and established in 2005.
  • Its largest shareholder is Muhammad Shahid, with 51%.
  • Its chief executive is Muhammad Shahid.
  • It posts the PSX minimum commission (0.15% of trade value, or 3 paisa per share if higher) and does not publish its own rate.
  • Its trading apps include Vtrade and Vtrade Touch.
  • In the PSX top-10 lists for September 2026, it ranked #5 for traded volume.

At a glance

PSX licence
TREC 102, status "Active" on the PSX register
Office
Room # 82 83, Second Floor, Pakistan Stock Exchange Building, Stock Exchange Road. Karachi 74000
Phone (PSX register)
021-32463002-4
Established
2005
Website
growthsecurities.com.pk
Tariff page
growthsecurities.com.pk/download/cslab.pdf
Complaints page
growthsecurities.com.pk/investor-grievances-feedback
Account opening
growthsecurities.com.pk/downloads
Research page
growthsecurities.com.pk/research
Financial disclosures page
growthsecurities.com.pk/financial-highlights

PSX rankings, September 2026

Fees and charges

Each rate links to the broker's own published schedule. Where the original wording is unclear, we show a plain version and the exact wording beneath it. Brokers change rates, so confirm the current rate with the broker before you trade.

ChargeApplies toRateSource
Equity commission
Brokerage commission, deliverable futures market (PSX standard minimum)
all0.15% of trade value, or 3 paisa per share if higher (minimum)
As published: 3p or 0.15% whichever is higher
From PSX notice N-1258 (9 Oct 2019, effective 14 Oct 2019), the exchange-wide standard range for all brokers. Growth links it as its 'Commission Structure' but does not publish its own rate; its account-opening form says commission is set per client in a package sheet. The minimum applies to each buy and each sell not squared during the contract period, and to one side only if squared up by an offsetting trade or rollover.
source: growthsecurities.com.pk/download/cslab.pdf, checked 13 Oct 2026
Equity commission
Brokerage commission, ready market (PSX standard minimum)
all0.15% of trade value, or 3 paisa per share if higher (minimum)
As published: 3p or 0.15% whichever is higher
From PSX notice N-1258 (9 Oct 2019, effective 14 Oct 2019), the exchange-wide standard range for all brokers. Growth links it as its 'Commission Structure' but does not publish its own rate; its account-opening form says commission is set per client in a package sheet. The minimum applies to each buy and each sell on normal trades; to one side only on intra-day squared trades; and on trades financed through MTS/MFS/Morabaha, to the ready purchase or sale only, with no minimum on the financing transaction.
source: growthsecurities.com.pk/download/cslab.pdf, checked 13 Oct 2026
Equity commission
Maximum brokerage commission (PSX ceiling)
allAt most 2.5% of trade value (PSX upper limit, not a Growth rate)
As published: up to 2.5% of the transaction value
From PSX notice N-1258 (9 Oct 2019, effective 14 Oct 2019), the exchange-wide standard range for all brokers. Growth links it as its 'Commission Structure' but does not publish its own rate; its account-opening form says commission is set per client in a package sheet. The 2.5% figure is the regulatory ceiling on commission, not a rate Growth charges.
source: growthsecurities.com.pk/download/cslab.pdf, checked 13 Oct 2026
Equity commission
Brokerage commission, arbitrage between ready and futures markets
No minimum commission on ready-futures arbitrage trades
As published: No minimum rate of commission
From PSX notice N-1258 (9 Oct 2019, effective 14 Oct 2019), the exchange-wide standard range for all brokers. Growth links it as its 'Commission Structure' but does not publish its own rate; its account-opening form says commission is set per client in a package sheet. This exemption covers arbitrage trades only; ordinary client trades carry the minimum above.
source: growthsecurities.com.pk/download/cslab.pdf, checked 13 Oct 2026

Ownership

HolderTypeShareSource
Muhammad Shahid
From the broker's Share Holding Pattern page (undated; crawled 13 Oct 2026). The three holdings listed add up to 10,000,000 shares of Rs 10 each.
Individual51%source: growthsecurities.com.pk/share-holding-pattern, checked 13 Oct 2026
Muhammad Iqbal
From the broker's Share Holding Pattern page (undated; crawled 13 Oct 2026). The three holdings listed add up to 10,000,000 shares of Rs 10 each.
Individual48.995%source: growthsecurities.com.pk/share-holding-pattern, checked 13 Oct 2026
Zeeshan
From the broker's Share Holding Pattern page (undated; crawled 13 Oct 2026). The three holdings listed add up to 10,000,000 shares of Rs 10 each.
Individual0.005%source: growthsecurities.com.pk/share-holding-pattern, checked 13 Oct 2026

People

NameRoleSource
Muhammad ShahidChief Executive Officersource: psx.com.pk/…/st-of-TREC-Holders-New-07-05-26.pdf, checked 13 Oct 2026
Muhammad IqbalDirectorsource: growthsecurities.com.pk/management-profile, checked 13 Oct 2026
Nasheed MalikHead of Equity Researchsource: growthsecurities.com.pk/research, checked 13 Oct 2026

Services

Mobile apps

AppPlatformPublisherStore rating
VtradeAndroidVisionMax (Private) Limited
Vtrade TouchiPhone / iPadVisionMax (Private) Limited

Technology partners

Investor tools on its website

Financial disclosures

Documents the broker lists on its own website. We link to them but have not reviewed their contents. Titles are as the broker shows them.

Branches and contact

  • Karachi (head office): Room # 82 83, Second Floor, Pakistan Stock Exchange Building, Stock Exchange Road. Karachi 74000

email: growthsecurities102@gmail.comemail: info@growthsecurities.com.pkfacebook: https://www.facebook.com/growthsecuritiespvtltdinstagram: https://www.instagram.com/growthsecuritiespvtltd/?hl=enlinkedin: https://www.linkedin.com/company/growth-securities-pvt-ltd/phone: +92-21-32463001x_twitter: https://x.com/growthsec102

Questions about Growth Securities

Is Growth Securities a licensed PSX broker?

Growth Securities (Private) Limited holds Trading Right Entitlement Certificate (TREC) 102 and is listed as "Active" on the Pakistan Stock Exchange register of TREC holders.

Who owns Growth Securities?

According to its published shareholding, the largest shareholders are Muhammad Shahid (51%), Muhammad Iqbal (48.995%) and Zeeshan (0.005%).

What commission does Growth Securities charge?

Growth Securities (Private) Limited posts the PSX minimum commission (0.15% of trade value, or 3 paisa per share if higher) and does not publish its own rate. Ask the broker for the rate it will charge you.

Who is the CEO of Growth Securities?

The chief executive of Growth Securities (Private) Limited is Muhammad Shahid.

Where is Growth Securities's head office?

Growth Securities (Private) Limited's head office is at Room # 82 83, Second Floor, Pakistan Stock Exchange Building, Stock Exchange Road. Karachi 74000.

Does Growth Securities have a mobile trading app?

Yes. Growth Securities (Private) Limited offers Vtrade and Vtrade Touch, available on Android and iPhone.

When was this information last checked?

The facts on this page were last checked against Growth Securities (Private) Limited's own published material on 13 Oct 2026. Each fact links to its source.

Information only, not investment advice. Details come from the broker's own published material and may change; confirm anything important with the broker.