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IGI Finex Securities

IGI Finex Securities Limited

  • PSX TREC 044
  • Active
  • Trading & Self-Clearing
  • Karachi

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

Key facts

  • IGI Finex Securities Limited is a Pakistan Stock Exchange trading & self-clearing broker, licence TREC 044, listed as "Active" on the PSX register.
  • It is based in Karachi and established in 1994.
  • It is a subsidiary of IGI Holdings Limited, which holds 99.999%.
  • Its chief executive is Syed Raza Hussain Rizvi.
  • Its trading app is iTrade Terminal.
  • In the PSX top-10 lists for September 2026, it ranked #9 for investors.

At a glance

PSX licence
TREC 044, status "Active" on the PSX register
Office
Corporate Office, Suite 701-713, 7th floor, The Forum, Khayaban-e-Jami, Clifton, Block 9, Karachi-75600, Pakistan
Phone (PSX register)
111-444-001
Established
1994
Website
igisecurities.com.pk
Complaints page
igisecurities.com.pk/cnct-cs.php
Account opening
igisecurities.com.pk/open-an-account.php
Research page
igisecurities.com.pk/ps-research.php
Financial disclosures page
igisecurities.com.pk/gov-financial-statement.php

PSX rankings, September 2026

#9 Investors

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
CDC charges
CDC sub-account maintenance fee
Rs 400 a year
As published: Rs. 400 per annum
The broker says CDC sub-account and UIN maintenance fees are charged as set by CDC and NCCPL.
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
CDC charges
UIN maintenance fee (additional joint account)
Rs 300 a year for each additional joint account holder
As published: Rs. 300 per annum (For additional Joint account)
The broker says CDC sub-account and UIN maintenance fees are charged as set by CDC and NCCPL.
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
CDC charges
UIN maintenance fee (individual)
Rs 300 a year (individual)
As published: Rs. 300 per annum (For Individual)
The broker says CDC sub-account and UIN maintenance fees are charged as set by CDC and NCCPL.
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Centralized KYC Organization (CKO) maintenance fee for UIN (additional joint account)
Rs 100 a year for each additional joint account holder
As published: Rs. 100 per annum (For additional Joint account)
Set by NCCPL, per the broker's tariff.
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Centralized KYC Organization (CKO) maintenance fee for UIN (individual)
Rs 100 a year (individual)
As published: Rs. 100 per annum (For Individual)
Set by NCCPL, per the broker's tariff.
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Conversion of physical TFC into scripless form (per unit)
Rs 1 per TFC unit
As published: Rupee 1/- per unit
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Conversion of physical shares into scripless form (per share)
Rs 0.04 per share (minimum Rs 100 per conversion)
As published: 4 paisa per share
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Custody fee on CDC-eligible shares
0.0158% a year of the market value of shares held, charged monthly
As published: 0.0158% per annum of market value of shares
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Mobile verification and NADRA charges (BIOSIS and VERISYS)
Charged at actual cost
As published: At Actual
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Redemption fee on open-end fund units (corporate action)
0.08% of the market value redeemed
As published: 0.08% of market value
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Right shares subscription, if IGI subscribes on behalf of client
0.004 paisa per share as printed (Rs 0.00004 per share), minimum Rs 20 per request
As published: 0.004 paisa per share (If IGI Subscribes on behalf of client)
Unit exactly as the broker prints it.
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Right shares subscription, if client subscribes himself or herself
0.003 paisa per share as printed (Rs 0.00003 per share), minimum Rs 20 per request
As published: 0.003 paisa per share (If client subscribe himself/ herself)
Unit exactly as the broker prints it.
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Shares movement / transaction fee on TFC (in/out to any other participant)
0.0045% of the market value of TFCs moved to or from another participant
As published: 0.0045% of market value of TFC
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Shares movement / transaction fee on shares (in/out to any other participant)
0.0045% of the market value of shares moved to or from another participant
As published: 0.0045% of market value of shares
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Shares transfer stamp
Stamp duty charged at actual cost
As published: Shares Transfer Stamp @ actual
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Other charge
Sindh Sales Tax on brokerage and custodial services
15% added on top of brokerage and custody fees
As published: 15% of fee charges
Applies to brokerage and all custodial services, including CDC and UIN maintenance fees.
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Withdrawal fee
Withdrawal of TFC / WAPDA bonds (per unit)
Rs 60 per unit
As published: Rs. 60 per Unit
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026
Withdrawal fee
Withdrawal of physical shares
Rs 0.30 per share
As published: 30 paisa per share
source: igisecurities.com.pk/…/custody-charges.pdf, checked 13 Oct 2026

Ownership

HolderTypeShareSource
IGI Holdings Limited
As of 30 June 2026 (pattern of shareholding p.1). Published as 99.999994% (51,999,997 of 52,000,000 ordinary shares). The other 3 ordinary shares (1 each) are held by two directors and one other holder.
Company99.999%source: igisecurities.com.pk/…/ttern_OF_Shareholding.pdf, checked 13 Oct 2026
Syed Abdul Wahab Mehdi
As of 30 June 2026 (pattern of shareholding p.1). Holds 1 of 52,000,000 ordinary shares (0.000002% as published; the share column rounds this to 0).
Individual0%source: igisecurities.com.pk/…/ttern_OF_Shareholding.pdf, checked 13 Oct 2026
Syed Raza Hussain Rizvi
As of 30 June 2026 (pattern of shareholding p.1). Holds 1 of 52,000,000 ordinary shares (0.000002% as published; the share column rounds this to 0).
Individual0%source: igisecurities.com.pk/…/ttern_OF_Shareholding.pdf, checked 13 Oct 2026

People

NameRoleSource
Syed Raza Hussain RizviChief Executive Officer / Directorsource: igisecurities.com.pk/…/ttern_OF_Shareholding.pdf, checked 13 Oct 2026
Syed Abdul Wahab MehdiChairmansource: igisecurities.com.pk/gov-bod.php, checked 13 Oct 2026
Waqas MunirNon Executive Directorsource: igisecurities.com.pk/gov-bod.php, checked 13 Oct 2026
Ahsan IqbalHead of Finance & Company Secretarysource: igisecurities.com.pk/gov-key-management.php, checked 13 Oct 2026
Faraz Ullah KhanHead of Operations & Risk Managementsource: igisecurities.com.pk/gov-key-management.php, checked 13 Oct 2026
Hadia TariqHead of Human Resourcessource: igisecurities.com.pk/gov-key-management.php, checked 13 Oct 2026
Muhammad NaveedRegional Manager - Upper Northsource: igisecurities.com.pk/gov-key-management.php, checked 13 Oct 2026
Syed Saifullah KazmiHead of Investment Bankingsource: igisecurities.com.pk/gov-key-management.php, checked 13 Oct 2026
Zaeem Haider KhanHead of Salessource: igisecurities.com.pk/gov-key-management.php, checked 13 Oct 2026

Services

Mobile apps

AppPlatformPublisherStore rating
iTrade TerminalAndroidIGI Finex Securities Limited2.6 (213 ratings)
iTrade TerminaliPhone / iPadIGI Finex Securities Limited2.9 (12 ratings)

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): Corporate Office, Suite 701-713, 7th floor, The Forum, Khayaban-e-Jami, Clifton, Block 9, Karachi-75600, Pakistan, +92 21 111 444 001
  • Faisalabad: Office No. 2, 5 & 8, Ground Floor, The Regency International 949, The Mall Faisalabad, +92 41 2540843-45
  • Islamabad: 3rd Floor, 85 East, F/7-G/7 Kamran Center, Jinnah Avenue, Blue Area, Islamabad, +92 51 2604861-62, 2604864, 2604863, 2275256
  • Lahore (LSE Plaza): Office No. 1A at North Tower Mezzanine Floor of the LSE Plaza, 19-Khayaban-e-Aiwan-e-Iqbal, Lahore., +92 42 38303565
  • Lahore (Packages Mall): Shop # G-009, Ground Floor, Packages Mall, Lahore, +92 42 38303560-69
  • Multan: Mezzanine Floor, Abdali Towers, Abdali Road, Multan, +92 61 4512003, 4571183
  • Rahim Yar Khan: Basement of Khalid Market, Building # 12, Town Hall Road, Rahim Yar Khan, +92 68 5871652, 5871653

email: info@igi.com.pkfacebook: https://www.facebook.com/igisecurities/linkedin: https://www.linkedin.com/company/igi/uan: +92 21 111 444 001x_twitter: https://www.twitter.com/igisec/

Questions about IGI Finex Securities

Is IGI Finex Securities a licensed PSX broker?

IGI Finex Securities Limited holds Trading Right Entitlement Certificate (TREC) 044 and is listed as "Active" on the Pakistan Stock Exchange register of TREC holders.

Who owns IGI Finex Securities?

According to its published shareholding, the largest shareholder is IGI Holdings Limited (99.999%).

What commission does IGI Finex Securities charge?

IGI Finex Securities Limited does not publish a stock-trading commission that we could verify. Ask the broker for its current rates.

Who is the CEO of IGI Finex Securities?

The chief executive of IGI Finex Securities Limited is Syed Raza Hussain Rizvi.

Where is IGI Finex Securities's head office?

IGI Finex Securities Limited's head office is at Corporate Office, Suite 701-713, 7th floor, The Forum, Khayaban-e-Jami, Clifton, Block 9, Karachi-75600, Pakistan.

Does IGI Finex Securities have a mobile trading app?

Yes. IGI Finex Securities Limited offers iTrade Terminal, available on Android and iPhone.

When was this information last checked?

The facts on this page were last checked against IGI Finex Securities 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.