Accounts and opening
Sections ↑Opening route and eligibility
| Item | Published terms and scope |
|---|---|
| Application | Separate Punjab, Sindh and Islamabad documentation; individual and company forms.Source 3Source 4 |
| Identity and bank | CNIC or relevant passport information, own bank details and source-of-income information.Source 3Source 4 |
| Companies | Incorporation, board resolution, tax details and authorised-signatory information.Source 3Source 4 |
| Processing | Company estimate: three to five business days, including PMEX back-office and NCCPL KYC processing.Source 3Source 4 |
Amounts with different purposes
| Item | Published terms and scope |
|---|---|
| Opening charge | PKR 6,000.Source 5Source 3 |
| Annual maintenance | PKR 10,000, stated as annual rather than inactivity-only.Source 5Source 3 |
| Trading capital | The application charge is not a minimum margin deposit; required margin depends on positions.Source 5Source 3 |
| Demo | The FAQ describes a one-month PMEX demo.Source 5Source 3 |
Contracts and market exposure
Sections ↑Published contract families
| Item | Published terms and scope |
|---|---|
| Metals | Gold, silver, platinum, copper, palladium and aluminium.Source 5 |
| Energy | WTI crude, Brent and natural gas.Source 5 |
| Agriculture | Cotton, wheat, corn and soybean.Source 5 |
| Financials | Currency futures and US/Japanese equity-index exposure.Source 5 |
| Settlement | All contracts in these regional schedules are cash-settled; short positions are allowed.Source 5 |
Commissions and account charges
Sections ↑The figures below are broker commission in PKR for one lot on one side. Opening and closing therefore incur two commissions before exchange charges and taxes. Schedules S/N 102126 are dated 21 October 2026; regional differences are material.[5][6][7]
Gold and silver — Punjab / Islamabad
Platinum — regional comparison
Industrial metals and palladium
Energy contracts
Agricultural contracts
Financial contracts
| Contract / size | Broker commission: PKR per lot per side |
|---|---|
| Listed currency pairs: 10,000 base units | 1,300Source 5 |
| Nasdaq: micro / mini / 1 / 2 multipliers | 85 / 165 / 1,950 / 3,900Source 5 |
| S&P 500: micro / mini / 1 multiplier | 6 / 12 / 47Source 5 |
| Dow Jones / Nikkei 1 / Nikkei 5 | 1,300 / 780 / 3,900Source 5 |
Platforms, execution and margin
Sections ↑Margin snapshots and liquidation — 21 October schedules
| Item | Published terms and scope |
|---|---|
| Gold / silver | 5.50% / 11.00% initial margin.Source 5Source 6Source 7 |
| WTI / Brent / natural gas | 10.75% / 9.75% / 14.00%.Source 5Source 6Source 7 |
| EUR/USD / USD/JPY | 1.50% / 3.75%; a single leverage ratio does not describe the account.Source 5Source 6Source 7 |
| Automatic close-out | 75% net liquidity relative to required margin.Source 5Source 6Source 7 |
| Changes | PMEX can change margin; the broker can revise commission. These are schedule observations, not guaranteed future trading parameters.Source 5Source 6Source 7 |
Tick economics and platform
| Item | Published terms and scope |
|---|---|
| Gold | USD 0.10 per ounce tick: USD 0.10 for 1 oz versus USD 10 for 100 oz.Source 5Source 3 |
| WTI | USD 0.01 per barrel tick: USD 0.01 for 1 barrel versus USD 10 for 1,000 barrels.Source 5Source 3 |
| Index minis | Nasdaq mini tick value USD 0.025; micro USD 0.0025.Source 5Source 3 |
| Terminal | PMEX MetaTrader 5; a PMEX contract is exchange exposure, not a bank currency balance.Source 5Source 3 |
Instructions, authority and records
| Item | Published terms and scope |
|---|---|
| Instructions | The form provides verbal or written instruction choices; a nominated authorised person requires documented authority.Source 4 |
| Broker discretion | The broker may act on instructions but may not obtain discretionary trading authority or use the customer’s password.Source 4 |
| Order duration | Orders normally lapse at the end of the exchange day unless instructed otherwise.Source 4 |
| Confirmation disputes | Report trade-confirmation errors within one business day under the published form.Source 4 |
Deposits and withdrawals
Sections ↑Funding channels and clearance
| Item | Published terms and scope |
|---|---|
| Beneficiary | Payments go to PMEX, not H.G Markets or staff.Source 8 |
| Methods | The company describes electronic transfers and banking instruments; MCB Collect Plus uses MF-71.Source 8 |
| Ownership | Third-party cheques and cash handling are prohibited.Source 8 |
| Cheques | Non-MCB cheques may take 72 working hours to clear.Source 8 |
| Confirmation | PMEX sends an SMS/email when money is allocated.Source 8 |
Withdrawal sequence
| Item | Published terms and scope |
|---|---|
| Destination | The customer’s designated bank account receives funds directly from PMEX.Source 8Source 4 |
| Published timing | The company states within 48 business hours; this is not a 48-hour elapsed-time guarantee.Source 8Source 4 |
| Available capital | Margin supporting open positions is distinct from cash available to withdraw.Source 8Source 4 |
Client assets and trading risks
Sections ↑Margin, default and customer liability
| Item | Published terms and scope |
|---|---|
| Daily settlement | Open and closed positions are marked to the daily settlement price; losses can trigger additional cash margin.Source 4 |
| Unpaid margin | Failure to meet the exchange deadline can suspend trading or trigger close-out.Source 4 |
| Broker default | The form prohibits using customer money to cover the broker’s own liabilities and provides for transfer or close-out of positions.Source 4 |
| Customer shortfall | Unpaid amounts, close-out costs and losses remain the customer’s liability; automatic liquidation is not negative-balance insurance.Source 4 |
Support and disputes
Sections ↑Records and dispute route
| Item | Published terms and scope |
|---|---|
| Records | Retain the signed application, commission attachment, order instructions, confirmations and bank evidence.Source 4 |
| Ledger | The form provides monthly statements and statements on request; it requires rapid reporting of discrepancies.Source 4 |
| Dispute forum | Unresolved exchange-trading disputes are referred to arbitration under PMEX rules.Source 4 |
Customer contacts and offices
| Item | Published terms and scope |
|---|---|
| General support | [email protected]; 042-36307344; UAN 111-800-000.Source 9 |
| Lahore head office | 2 Race Course Road.Source 9 |
| Karachi | BC-11, Block 5, Kehkashan, Clifton.Source 9 |
| Other published offices | Islamabad, Faisalabad and Sargodha; use the current contact page for the appropriate location.Source 9 |
Research and related services
Sections ↑Group and service boundaries
| Item | Published terms and scope |
|---|---|
| History | H.G Markets says it incorporated in 2013; the Harvest group history dates to 1992.Source 2 |
| Securities business | The company also identifies PSX TREC 528; PSX share trading has separate account/product terms.Source 2 |
| Futures service | This profile covers PMEX brokerage, not an offshore OTC FX account.Source 2 |
Company and regulatory identity
Sections ↑Entity, market membership and dated registration
| Item | Published terms and scope |
|---|---|
| Contracting company | H.G Markets (Private) LimitedSource 1 |
| PMEX TREC | 293Source 1 |
| SECP futures-broker registration | BRC-286; PMEX register marks the broker active at 16 October 2026Source 1 |
| Verification boundary | The dated exchange entry is independently indexed; full current register and any subsequent suspension or renewal could not be inspected.Source 1 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
H.G Markets (Private) Limited
PakistanSource 1
No separate licence entry is recorded in this panel.
Important document qualifications
Sections ↑Sources & further reading
- PMEX licensed-broker register — 16 October 2026 (indexed official entry) Pakistan Mercantile Exchange
- Company and group background H.G Markets · Accessed 26 Oct 2026
- Account-opening procedure and demo H.G Markets · Accessed 26 Oct 2026
- Punjab account agreement, S/N 101926 H.G Markets · Accessed 26 Oct 2026
- Punjab product and commission schedule, S/N 102126 H.G Markets · Accessed 26 Oct 2026
- Sindh product and commission schedule, S/N 102126 H.G Markets · Accessed 26 Oct 2026
- Islamabad product and commission schedule, S/N 102126 H.G Markets · Accessed 26 Oct 2026
- Funding and withdrawals H.G Markets · Accessed 26 Oct 2026
- Offices and customer contacts H.G Markets · Accessed 26 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.