JS Global Capital: Pakistani securities, PMEX futures and account terms

Account-centre cards advertise PKR500 opening; the FAQ requires PKR1,000 cash or eligible collateral after a haircut. Confirm the chosen plan’s minimum in writing.[1]

The live digital portal addresses first-time capital-market applicants. It directs people who already have a JS Global account or an account at another PSX broker to client service. The published sequence uses email authentication followed by basic details and an NCCPL OTP; the portal states that the OTP is received within 48 hours. That is a verification-stage statement, rather than a promise that the whole account will be trading within two days.[2]

PSX’s Sahulat framework permits the Ready Market and restricts margin trading, margin financing, securities lending/borrowing and negotiated deals. The 2 April 2026 notice implemented multiple-broker access and a PKR3 million limit per account. A normal account conversion remains available under the exchange framework.[5][6]

JS Global still quotes PKR1 million for Sahulat; confirm the enabled limit before trading.[1]

View full spreads & trading costs

The exact classification is multi-asset brokerage. JS Global Capital Limited is a PSX trading-right holder and PMEX member, with securities, fixed-income and commodity-futures businesses. Its reported money-market and foreign-exchange intermediation should not be treated as evidence of a retail OTC forex or CFD account. The domestic securities and PMEX relationships have different settlement, custody and funding arrangements.[15]

The 2025 annual report describes equity brokerage, commodities brokerage, fixed-income/interbank foreign-exchange services, and advisory work. The June 2026 report separately identifies the company as manager of the JS Global Banking Sector ETF under its provisional asset-management permission. Buying a listed ETF and appointing JS Global to manage a personal account are different legal arrangements.[18][17]

The account centre links a commission sheet quoting the regular and rollover rates below. Its official-domain indexed copy was retrievable, but the direct download failed on 17 October 2026 and the copy did not establish an effective date. Treat these as the linked published reference, and obtain the signed current schedule for the account before relying on a trading-cost calculation.[7]

Under the regular reference formula, 1,000 shares at PKR10 produce PKR30 commission; 1,000 at PKR100 produce PKR150, before extras. These are illustrations of that formula, not current account quotations.[7]

Brokerage increases require at least five trading days’ notice. The agreement permits financing charges and recovery of shortfalls. Current plan-specific custody, inactivity, bank-transfer, closure and PMEX commissions remain unestablished; obtain a consolidated schedule including financing and rollovers.[3]

The iOS release history describes optional order-window confirmations and configurable trade notifications. Check those settings: disabling a confirmation window changes the local interaction, not the obligation arising from an executed trade. Notifications and three-month history features do not replace the broker’s complete account records. No universal cross-device persistence rule for price conditions or unsubmitted instructions was established.[9]

The commodity agreement makes an order valid for the pertinent trading day unless the client gives different specific instructions. Futures positions are marked to market, and variation-margin losses require cash under exchange deadlines. Failure to meet obligations can cause close-out, with the client remaining liable for a shortfall. Contract expiry and delivery terms must be checked for the selected instrument.[4]

JS InvestPro also offers a free virtual account for learning with market conditions and research tools. That simulation is a practice facility; its virtual buying power is not a withdrawable cash reward or the balance of a funded securities account.[8]

NCCPL implemented T+1 settlement for eligible PSX transactions on 9 February 2026; trades from that date settled the following business day. Older T+2 descriptions in broker educational material should therefore not be used for current eligible trades. Settlement still precedes the separate withdrawal request and bank processing. It does not make every displayed sale amount instantly available for transfer.[10]

The PMEX funding rule is product-specific. A securities-account bank instruction should not be reused to fund a commodity account without following PMEX’s direct-payment procedure. These published domestic routes do not establish a general multi-currency cash wallet or a standard retail foreign-exchange conversion spread.[12]

Securities closure is requested by email, letter or a visit to the maintaining branch.[1]

The securities agreement requires at least one month’s written notice, no pending corporate actions or pledges, cleared dues and withdrawal/transfer of all book-entry securities. Prior transaction obligations survive termination.[3]

Commodity closure by mutual consent also requires at least one month’s written notice; pending orders and settlement remain. Default close-out powers are separate. Give explicit instructions for remaining orders, positions and balances.[4]

The individual agreement puts book-entry securities in the client’s exclusive CDC subaccount and requires authorization for transfers, pledges and withdrawals. It provides quarterly cash/securities ledgers and reconciliation, with discrepancies notified within seven days. Failure to meet a written margin call within one trading day permits liquidation without further notice.[3]

NCConnect is NCCPL’s independent investor-record route for trading information, ledgers and capital-gains-tax reports or certificates. Reconcile those records with JS Global’s statements and CDC movements, especially before an asset transfer or closure. The public descriptions do not establish that every InvestPro screen exports a complete tax-ready history.[11]

PSX’s Centralized Customers Protection Compensation Fund applies to admitted claims after a securities broker defaults and available broker assets are used. The stated base limit is PKR1 million per claimant. Where total payment calculated using that limit is below PKR35 million, the difference is distributed proportionately to partially satisfied claimants. PKR35 million is an aggregate allocation rule, not a per-client guarantee. This is not compensation for an ordinary investment loss, and it should not be extended to a PMEX account or described as JS Bank deposit insurance.[13]

PMEX separately tells commodity clients to retain daily, weekly and monthly balance/activity statements and trade/cash SMS alerts. It warns against handing exchange login credentials to a broker. Report an unexplained movement immediately and use PMEX’s complaint route if the broker does not resolve it.[12]

JS Global’s client instructions say to contact the assigned trader or customer-care representative immediately during technical downtime so they can try alternative channels. Confirm any earlier order’s status before resubmitting. The agreement also requires immediate notification of stolen or disclosed credentials. A fixed post-recovery withdrawal hold is not published.[3]

Unresolved securities disputes can be referred to PSX’s Regulatory Affairs Division under the exchange’s Chapter 18 arbitration framework. Keep the contract note, instruction record, account statement and correspondence. PMEX commodity complaints follow that exchange’s separate route; an enquiry to the securities exchange does not automatically start a PMEX case.[14][12]

JS Global reports launching systematic recurring investment through InvestPro during 2025. The annual report establishes the service’s introduction but does not provide a complete current mandate, suspension schedule or exit charge. Confirm how to stop future purchases and what happens to existing units or shares before enrolling. Research delivered through an app does not itself grant a trader discretionary authority over the account.[18]

The June 2026 financial report records an SECP Shariah-compliance certificate dated 11 June 2026 for proposed Islamic brokerage services. That precisely dated permission should not be read as certifying every conventional financing, commodity or securities service offered under the group’s brands. The contracting account and selected service remain decisive.[17]

JS Global Capital Limited, incorporated on 28 June 2000, is headquartered in Karachi and listed on PSX as JSGCL. It is the operating brokerage entity in this profile. The June 2026 report identifies JS Bank as its 92.90% parent; that ownership does not turn a JS Global trading account into a bank deposit.[15][17]

These dated exchange measures establish substantial national participation in both client activity and trading value. They do not claim that JS Global was first in every category, or measure investment performance, execution quality or customer satisfaction.[16]

Headquarters

Karachi, Pakistan