{
  "name": "PSX brokers dataset",
  "publisher": "PakistanStockBroker.com",
  "url": "https://pakistanstockbroker.com/commissions",
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "citation": "PakistanStockBroker.com (https://pakistanstockbroker.com), PSX brokers dataset",
  "note": "Published, reviewed facts only. Commission is the broker's own published rate, or the PSX minimum it posts. Confirm rates with the broker before trading.",
  "generated": "2026-10-31T07:08:40.251Z",
  "brokers": [
    {
      "name": "Adam Usman Securities",
      "legal_name": "Adam Usman Securities (Private) Limited",
      "trec": "525",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/adam-usman-securities",
      "website": "https://www.ausecurities.com.pk",
      "commission": "0.15% of trade value or 3 paisa per share (whichever is higher), up to 2.5% of trade value",
      "commission_kind": "psx_minimum",
      "commission_source": "https://ausecurities.com.pk/uploads/files/Commission_Slabs.pdf",
      "largest_shareholder": "Muhammad Faisal",
      "largest_shareholder_pct": 97.999,
      "apps": "Vtrade; Vtrade Touch",
      "psx_top10": "#6 Traded value; #7 Traded volume",
      "last_checked": "2026-10-13"
    },
    {
      "name": "Akik Capital",
      "legal_name": "Akik Capital (Private) Limited",
      "trec": "524",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/akik-capital",
      "website": "https://www.akikcapital.com",
      "commission": "0.15% of trade value, or 3 paisa per share if higher",
      "commission_kind": "own_rate",
      "commission_source": "https://akikcapital.com/uploads/files/Commission_Structure%281%29.pdf",
      "largest_shareholder": "Muhammad Qasim Lakhani",
      "largest_shareholder_pct": 99.99,
      "apps": "Vtrade",
      "psx_top10": "#9 Investors",
      "last_checked": "2026-10-13"
    },
    {
      "name": "Arif Habib",
      "legal_name": "Arif Habib Limited",
      "trec": "050",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/arif-habib",
      "website": "https://www.arifhabibltd.com",
      "commission": "0.15% of trade value, or 3 paisa per share if higher",
      "commission_kind": "own_rate",
      "commission_source": "https://online.ahletrade.com/TradeCast/PDFS/Cdetails.pdf",
      "largest_shareholder": "Arif Habib Corporation Limited",
      "largest_shareholder_pct": 74.32,
      "apps": "AHL Tick Next Generation; AHL Analytics; AHL NxG; AHLE iTick",
      "psx_top10": "#2 Investors; #4 New UIN registrations; #4 Secondary-market participants; #4 Sukuk auction bids; #5 Active accounts; #8 Traded value; #9 Traded volume",
      "last_checked": "2026-10-30"
    },
    {
      "name": "Chase Securities Pakistan",
      "legal_name": "Chase Securities Pakistan (Private) Limited",
      "trec": "526",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/chase-securities-pakistan",
      "website": "https://www.chasesecurities.com",
      "commission": "Rs 0.03 (3 paisa) per share minimum, for shares priced Rs 0.01 to Rs 20; 0.15% of trade value minimum, for shares priced above Rs 20",
      "commission_kind": "own_rate",
      "commission_source": "https://chasesecurities.com/wp-content/uploads/2023/08/Chase-Final-Individual_CRF-3.pdf",
      "largest_shareholder": "Ali Nawaz",
      "largest_shareholder_pct": 66.71,
      "apps": "Chase Trade; CHASE TRADE",
      "psx_top10": "#5 Sukuk auction bids; #7 New UIN registrations; #8 Investors",
      "last_checked": "2026-10-13"
    },
    {
      "name": "Growth Securities",
      "legal_name": "Growth Securities (Private) Limited",
      "trec": "102",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/growth-securities",
      "website": "https://www.growthsecurities.com.pk",
      "commission": "0.15% of trade value, or 3 paisa per share if higher",
      "commission_kind": "psx_minimum",
      "commission_source": "https://www.growthsecurities.com.pk/download/cslab.pdf",
      "largest_shareholder": "Muhammad Shahid",
      "largest_shareholder_pct": 51,
      "apps": "Vtrade; Vtrade Touch",
      "psx_top10": "#5 Traded volume; #9 Traded value",
      "last_checked": "2026-10-13"
    },
    {
      "name": "IGI Finex Securities",
      "legal_name": "IGI Finex Securities Limited",
      "trec": "044",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/igi-finex-securities",
      "website": "https://www.igisecurities.com.pk",
      "commission": null,
      "commission_kind": "not_published",
      "commission_source": null,
      "largest_shareholder": "IGI Holdings Limited",
      "largest_shareholder_pct": 99.999,
      "apps": "iTrade Terminal",
      "psx_top10": "#9 Investors",
      "last_checked": "2026-10-13"
    },
    {
      "name": "Insight Securities",
      "legal_name": "Insight Securities (Private) Limited",
      "trec": "199",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/insight-securities",
      "website": "https://www.insightsec.com.pk",
      "commission": "0.15% of trade value, or 3 paisa per share if higher; 0.15% of trade value, or 3 paisa per share if higher",
      "commission_kind": "own_rate",
      "commission_source": "https://insightsec.com.pk/account/retail",
      "largest_shareholder": "Mrs. Munira Ghulam Hussain",
      "largest_shareholder_pct": 55.55,
      "apps": "Insight Trade; InsightTrades",
      "psx_top10": "#6 Sukuk auction bids; #7 Investors",
      "last_checked": "2026-10-13"
    },
    {
      "name": "Intermarket Securities",
      "legal_name": "Intermarket Securities Limited",
      "trec": "124",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/intermarket-securities",
      "website": "https://www.imsecurities.com.pk",
      "commission": "0.15% of trade value (shares priced Rs 20 or more); Rs 0.03 (3 paisa) per share (shares priced below Rs 20)",
      "commission_kind": "own_rate",
      "commission_source": "https://imsecurities.com.pk/investors/faqs",
      "largest_shareholder": "Erum Bilwani",
      "largest_shareholder_pct": 43.07,
      "apps": "IMTrade; IMTrade-iFlair; IMTradeSWIFT",
      "psx_top10": "#7 Traded value",
      "last_checked": "2026-10-30"
    },
    {
      "name": "Ismail Iqbal Securities",
      "legal_name": "Ismail Iqbal Securities (Private) Limited",
      "trec": "018",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/ismail-iqbal-securities",
      "website": "https://www.ismailiqbal.com",
      "commission": "0.15% of trade value, or Rs 0.03 per share if higher",
      "commission_kind": "own_rate",
      "commission_source": "https://www.ismailiqbal.com/Commission_Charges.php",
      "largest_shareholder": "Ahfaz Mustafa",
      "largest_shareholder_pct": 65.22,
      "apps": "Vtrade; Vtrade Touch",
      "psx_top10": "#8 Investors",
      "last_checked": "2026-10-13"
    },
    {
      "name": "JS Global Capital",
      "legal_name": "JS Global Capital Limited",
      "trec": "149",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/js-global-capital",
      "website": "https://jsglobalonline.com/",
      "commission": null,
      "commission_kind": "not_published",
      "commission_source": null,
      "largest_shareholder": "JS Bank Limited",
      "largest_shareholder_pct": 92.9,
      "apps": "JS InvestPro",
      "psx_top10": "#1 Sukuk auction bids; #1 Secondary-market participants; #2 Traded value; #2 Active accounts; #3 Investors; #3 New UIN registrations; #4 Traded volume",
      "last_checked": "2026-10-30"
    },
    {
      "name": "Ktrade Securities",
      "legal_name": "Ktrade Securities Limited",
      "trec": "248",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/ktrade-securities",
      "website": "https://www.kasb.com",
      "commission": "0.15% of trade value (shares priced above Rs 20); Rs 0.03 per share (shares priced Rs 20 or below)",
      "commission_kind": "own_rate",
      "commission_source": "https://www.kasb.com/invest-in-stock-market",
      "largest_shareholder": "Oxford Frontier Capital Limited",
      "largest_shareholder_pct": 59.638,
      "apps": "KTrade - Stock Trading App; KASB KTrade",
      "psx_top10": "#1 New UIN registrations; #3 Active accounts",
      "last_checked": "2026-10-30"
    },
    {
      "name": "MRA Securities",
      "legal_name": "MRA Securities Limited",
      "trec": "194",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/mra-securities",
      "website": "https://www.mra.com.pk",
      "commission": "Rs 0.03 per share (shares priced Rs 0.01-20.00); 0.15% of trade value (shares priced Rs 20.01 and above)",
      "commission_kind": "own_rate",
      "commission_source": "https://mra.com.pk/downloads/Commission-Structure.pdf",
      "largest_shareholder": "Muhammad Farhan",
      "largest_shareholder_pct": 36.18,
      "apps": "MRA D-Trade; MRA Wiqaya; Vtrade; Vtrade Touch",
      "psx_top10": "#1 Traded volume; #1 Traded value; #9 Investors",
      "last_checked": "2026-10-13"
    },
    {
      "name": "Next Capital",
      "legal_name": "Next Capital Limited",
      "trec": "048",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/next-capital",
      "website": "https://www.nextcapital.com.pk",
      "commission": "0.25% of trade value (shares priced Rs 12.01 and above); Per share, for shares priced up to Rs 12.00: printed as \"0.03 Paisa\" (most likely Rs 0.03, i.e. 3 paisa, per share)",
      "commission_kind": "own_rate",
      "commission_source": "https://cdn.prod.website-files.com/62135fdbd85a60c2f528095e/6864b9c264b141ab1d14fc99_Commission%20Structure%20-0725.pdf",
      "largest_shareholder": "MUHAMMAD NAJAM ALI",
      "largest_shareholder_pct": 27.48,
      "apps": "Next Capital; iInvest Pakistan Stocks (PSX); NextCapital",
      "psx_top10": "#6 Active accounts; #6 New UIN registrations",
      "last_checked": "2026-10-13"
    },
    {
      "name": "Optimus Capital Management",
      "legal_name": "Optimus Capital Management (Private) Limited",
      "trec": "008",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/optimus-capital-management",
      "website": "https://www.optimus.pk",
      "commission": "0.15% of trade value, or 3 paisa per share if higher",
      "commission_kind": "own_rate",
      "commission_source": "https://optimus.pk/commission-structure",
      "largest_shareholder": "Optimus Holdings (Private) Limited",
      "largest_shareholder_pct": 100,
      "apps": "Optimus Trade; OptimusCapital",
      "psx_top10": "#9 Secondary-market participants",
      "last_checked": "2026-10-30"
    },
    {
      "name": "Rafi Securities",
      "legal_name": "Rafi Securities (Private) Limited",
      "trec": "159",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/rafi-securities",
      "website": "https://www.rafionline.com",
      "commission": "0.15% of trade value, or Rs 0.03 per share if higher",
      "commission_kind": "own_rate",
      "commission_source": "https://rafisecurities.com/commission-structure-charges-detail",
      "largest_shareholder": "Naeem Rafi",
      "largest_shareholder_pct": 96.718,
      "apps": "Vtrade; Vtrade Touch",
      "psx_top10": "",
      "last_checked": "2026-10-30"
    },
    {
      "name": "Sakarwala Capital Securities",
      "legal_name": "Sakarwala Capital Securities (Private) Limited",
      "trec": "010",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/sakarwala-capital-securities",
      "website": "https://www.sakarwalasecurities.com",
      "commission": null,
      "commission_kind": "not_published",
      "commission_source": null,
      "largest_shareholder": "Ghulam Mujtaba Sakarwala",
      "largest_shareholder_pct": 34.1,
      "apps": "Vtrade; KiTS Mobile App; Vtrade Touch",
      "psx_top10": "",
      "last_checked": "2026-10-13"
    },
    {
      "name": "Standard Capital Securities",
      "legal_name": "Standard Capital Securities (Private) Limited",
      "trec": "112",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/standard-capital-securities",
      "website": "https://www.scstrade.com",
      "commission": "Rs 0.03 per share (shares priced up to Rs 10); Rs 0.05 per share or 0.15% of trade value, whichever is higher (shares priced above Rs 10)",
      "commission_kind": "own_rate",
      "commission_source": "https://www.scstrade.com/OnlineTrading/OT_Commission.aspx",
      "largest_shareholder": "Naushad Chamdia",
      "largest_shareholder_pct": 48.792,
      "apps": "SCS Tick; SCS Tick Next Generation; SCSTrade PRO; SCS NxG; SCS iTick; iSCSTrade PRO",
      "psx_top10": "#8 Active accounts",
      "last_checked": "2026-10-13"
    },
    {
      "name": "Tannu Securities",
      "legal_name": "Tannu Securities (Private) Limited",
      "trec": "113",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/tannu-securities",
      "website": "https://www.tannusecurities.com",
      "commission": "Rs 0.15 per share, or possibly 0.15% of trade value; the unit is unclear (shares priced above Rs 100); 0.15% of trade value (shares priced Rs 20.01 to Rs 100)",
      "commission_kind": "own_rate",
      "commission_source": "https://tannusecurities.com/fee-commision",
      "largest_shareholder": "Muhammad Hanif",
      "largest_shareholder_pct": 67.383,
      "apps": "",
      "psx_top10": "",
      "last_checked": "2026-10-30"
    },
    {
      "name": "Topline Securities",
      "legal_name": "Topline Securities Limited",
      "trec": "166",
      "city": "Karachi",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/topline-securities",
      "website": "https://www.topline.com.pk",
      "commission": "0.15% of trade value, for shares priced Rs 20.1 and above; Rs 0.03 (3 paisa) per share, for shares priced up to Rs 20",
      "commission_kind": "psx_minimum",
      "commission_source": "https://topline.com.pk/uploads/files/CRF___KYC_(INDIVIDUAL).pdf",
      "largest_shareholder": "Mohammed Sohail",
      "largest_shareholder_pct": 70.909,
      "apps": "KiTS Mobile App; Vtrade; Vtrade Touch",
      "psx_top10": "#3 Sukuk auction bids; #5 Investors",
      "last_checked": "2026-10-30"
    },
    {
      "name": "Unex Securities",
      "legal_name": "Unex Securities (Private) Limited",
      "trec": "466",
      "city": "Islamabad",
      "category": "Trading Only",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/unex-securities",
      "website": "https://www.unexsec.net",
      "commission": "Rs 0.03; Rs 0.05",
      "commission_kind": "own_rate",
      "commission_source": "https://unexsec.net/manage-funds",
      "largest_shareholder": "Asim Ghafoor Qureshi",
      "largest_shareholder_pct": 25,
      "apps": "Eclear Tick Next Generation; EClear NxG",
      "psx_top10": "",
      "last_checked": "2026-10-13"
    },
    {
      "name": "Value Stock and Commodities",
      "legal_name": "Value Stock and Commodities (Private) Limited",
      "trec": "234",
      "city": "Lahore",
      "category": "Trading & Self-Clearing",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/value-stock-and-commodities",
      "website": "https://www.valuestock.pk",
      "commission": null,
      "commission_kind": "not_published",
      "commission_source": null,
      "largest_shareholder": "Khuram Gulzar",
      "largest_shareholder_pct": 99.9,
      "apps": "Vtrade; Vtrade Touch",
      "psx_top10": "",
      "last_checked": "2026-10-30"
    },
    {
      "name": "Vector Securities",
      "legal_name": "Vector Securities (Private) Limited",
      "trec": "025",
      "city": "Karachi",
      "category": "Trading Only",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/vector-securities",
      "website": "https://www.vector.com.pk",
      "commission": null,
      "commission_kind": "not_published",
      "commission_source": null,
      "largest_shareholder": "Vector Inc.",
      "largest_shareholder_pct": 25,
      "apps": "Eclear Tick Next Generation; EClear NxG",
      "psx_top10": "",
      "last_checked": "2026-10-30"
    },
    {
      "name": "Yasir Mahmood Securities",
      "legal_name": "Yasir Mahmood Securities (Private) Limited",
      "trec": "294",
      "city": "Lahore",
      "category": "Trading Only",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/yasir-mahmood-securities",
      "website": "https://www.invest.pk",
      "commission": "0.03 (unit not printed by the broker; likely Rs 0.03 per share); 0.05 (unit not printed by the broker; likely Rs 0.05 per share)",
      "commission_kind": "own_rate",
      "commission_source": "https://www.invest.pk/assets/docs/online-trading/schedule-of-charges.pdf",
      "largest_shareholder": "Dr. Yasir Mahmood",
      "largest_shareholder_pct": 99.99,
      "apps": "Eclear Tick Next Generation; EClear NxG",
      "psx_top10": "",
      "last_checked": "2026-10-13"
    },
    {
      "name": "Youngs Capital",
      "legal_name": "Youngs Capital (Private) Limited",
      "trec": "611",
      "city": "Lahore",
      "category": "Trading Only",
      "psx_status": "Active",
      "profile_url": "https://pakistanstockbroker.com/brokers/youngs-capital",
      "website": "https://www.youngscapital.pk",
      "commission": null,
      "commission_kind": "not_published",
      "commission_source": null,
      "largest_shareholder": null,
      "largest_shareholder_pct": null,
      "apps": "Youngs Capital",
      "psx_top10": "#9 New UIN registrations",
      "last_checked": "2026-10-13"
    }
  ]
}