Accounts and opening
Sections ↑At a glance01
Entry amount and account setup
| Item | Published terms and scope |
|---|---|
| Published minimum | PKR 25,000; the page says funds remain usable after annual charges.Source 2Source 5 |
| Annual charge | An amount is not specified on the reviewed service page; the deposit figure is not an all-in fee quote.Source 2Source 5 |
| Digital opening | Application, broker verification, NCCPL checks, OTP and PMEX credentials.Source 2Source 5 |
| Activation | The client must review and approve the profile in PMEX back office.Source 2Source 5 |
| Manual route | The guide also provides for a signed standard account form and retained client copy.Source 2Source 5 |
At a glance02
Individual documentation
| Item | Published terms and scope |
|---|---|
| Identity | CNIC front and back, own-name bank IBAN/cheque and mobile number.Source 2 |
| Employed applicants | Six months of bank statements and current salary evidence.Source 2 |
| Business applicants | Business/tax evidence and supporting occupation information.Source 2 |
| Address | Own-name utility/address evidence is requested on the service page.Source 2 |
Contracts and market exposure
Sections ↑At a glance03
Exchange contracts and settlement families
| Item | Published terms and scope |
|---|---|
| International cash-settled | Metals, energy, financial and agricultural futures appear in the tariff.Source 3 |
| Small contracts | The tariff includes micro gold, silver 1 oz, WTI 1 barrel, copper 100 lb and index minis/micros.Source 3 |
| Domestic/deliverable products | The tariff separately lists tola/mini gold and local agricultural contracts.Source 3 |
| Exposure | Currency and index contracts do not confer bank currency balances or ownership of constituent shares.Source 3 |
Commissions and account charges
Sections ↑The following prices are SCS broker commission in PKR per lot per side from its linked three-page schedule. Its “Total” column adds sales tax to broker commission but does not include the separately shown exchange charge. The filename contains 3-12-25; the undated contents include newer small contracts, so that filename alone is not a reliable effective date.[3]
At a glance04
Gold and silver
At a glance05
Industrial and platinum-group metals
At a glance06
Energy
At a glance07
Financial and agricultural examples
| Contract / size | Broker commission: PKR per lot per side |
|---|---|
| Listed currency futures | 200Source 3 |
| Nasdaq: micro / mini / standard / 2 multiplier | 1 / 10 / 100 / 1,000Source 3 |
| S&P 500: micro / mini / standard | 0.50 / 5 / 50Source 3 |
| Dow / Nikkei 1 / Nikkei 5 | 200 / 150 / 850Source 3 |
| Corn / wheat / soybean: 5,000 bushels each | 490Source 3 |
| Cotton: 5,000 / 50,000 lb | 500 / 3,000Source 3 |
At a glance08
Selected domestic/deliverable tariff entries
At a glance09
Exchange charges and taxes in the tariff
| Item | Published terms and scope |
|---|---|
| Broker sales tax | Schedule applies 15% Sindh sales tax to SCS commission.Source 3Source 4 |
| Exchange component | Shown separately, generally percentage-based with contract-specific small-contract charges.Source 3Source 4 |
| Additional levies | Notes separately identify SECP, IPF, settlement-guarantee-fund and front-end charges.Source 3Source 4 |
| Tax scope | The older funding guide’s capital-gains-tax assertions are not used as current tax guidance.Source 3Source 4 |
Platforms, execution and margin
Sections ↑At a glance10
Margin and automatic close-out
| Item | Published terms and scope |
|---|---|
| Broker schedule | States 55% net liquidity relative to consumed margin for auto-liquidation.Source 3Source 6 |
| Exchange guide | An older generic risk guide illustrates 20% and says brokers may set a higher level; that illustration does not replace SCS’s 55% tariff.Source 3Source 6 |
| Pre-trade control | The exchange guide describes checking margin before accepting trades.Source 3Source 6 |
| Daily control | Mark-to-market and contract position limits apply; margin can be changed by the exchange.Source 3Source 6 |
At a glance11
MT5 access and order tools
| Item | Published terms and scope |
|---|---|
| Devices | The service page provides desktop and Android/iOS routes.Source 2 |
| Orders | Market, pending and stop orders are described, with separate order and execution records.Source 2 |
| Depth | Market-depth display is advertised; displayed liquidity is not a guaranteed fill.Source 2 |
| Availability | The page’s 21-hour marketing description is not a contract-by-contract holiday or daylight-saving calendar.Source 2 |
Deposits and withdrawals
Sections ↑At a glance12
Deposit stages
| Item | Published terms and scope |
|---|---|
| Electronic transfer | Customer-specific 24-digit SCA; IBFT, RTGS or internal funds transfer.Source 4Source 2 |
| Cheque / pay order | Payable to PMEX, using MCB Collect Plus MF-71.Source 4Source 2 |
| Allocation clock | Guide says within 30 minutes during PMEX hours after successful transfer or instrument clearing.Source 4Source 2 |
| Prohibited routes | Cash and funding to the broker are prohibited under the published direct-funding instructions.Source 4Source 2 |
At a glance13
Withdrawal and bank charges
| Item | Published terms and scope |
|---|---|
| Initiation | Client submits a back-office withdrawal request.Source 4 |
| Approval | Broker approval and end-of-day validation occur before bank payment.Source 4 |
| Payment clock | Validated withdrawals are stated to reach the designated bank within two banking days.Source 4 |
| Published bank costs | Guide lists PKR 25 plus tax per deposit transaction and PKR 50 plus tax for a returned instrument; verify current bank charges.Source 4 |
Client assets and trading risks
Sections ↑At a glance14
What the exchange controls do and do not provide
| Item | Published terms and scope |
|---|---|
| Collateral | Initial margin supports the position; it is not the full economic exposure.Source 6Source 7 |
| Variation | Daily losses reduce cash and can require additional funding.Source 6Source 7 |
| Forced liquidation | The percentage is a risk-control trigger, not a promise that execution will cap loss at that level.Source 6Source 7 |
| Regulation | Registration does not insure the market value of a futures account.Source 6Source 7 |
Support and disputes
Sections ↑At a glance15
Published contacts by function
| Item | Published terms and scope |
|---|---|
| Account opening | [email protected]; 0307-1727727; published 09:00–17:00.Source 2 |
| Research | [email protected]; 021-111-111-721; published 09:00–17:00.Source 2 |
| PMEX technical support | [email protected]; 021-111-117639; service page gives 07:30–23:00.Source 2 |
| General mobile | +92 321 8296919. The page does not explicitly label the timezone of these hours.Source 2 |
At a glance16
Complaint evidence and escalation
| Item | Published terms and scope |
|---|---|
| First step | Raise the matter with the broker and retain correspondence.Source 8 |
| Exchange process | The hosted PMEX procedure describes registration, broker response, mediation and potential arbitration.Source 8 |
| Evidence | Provide the complaint form, identity, account documents, confirmations and payment proof.Source 8 |
| Limits | The document excludes certain private arrangements and notional/opportunity losses; its old contacts and limitation period require current-rule confirmation.Source 8 |
Research and related services
Sections ↑SCS advertises research and trader guidance alongside its separate securities business. These services do not convert a PMEX futures position into ownership of a PSX share or establish a discretionary managed-account mandate.[2]
Company and regulatory identity
Sections ↑At a glance17
Entity, market membership and dated registration
| Item | Published terms and scope |
|---|---|
| Contracting company | Standard Capital Securities (Private) LimitedSource 1 |
| SECP futures-broker registration | BRC-346; PMEX register marks the broker active at 21 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 |
At a glance18
Licence dates and address precision
| Item | Published terms and scope |
|---|---|
| Certificate | SECP BRC-346, issued October 8, 2025.Source 7Source 1Source 2 |
| Validity | October 30, 2025–October 29, 2026, subject to regulatory conditions; expiry is three days after this review.Source 7Source 1Source 2 |
| Newer exchange evidence | The October 21 indexed PMEX register marks SCS active.Source 7Source 1Source 2 |
| Listed office | That register gives M-34, mezzanine floor, Park Towers, Clifton, Karachi; the service page also retains a different BFC address.Source 7Source 1Source 2 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Standard Capital Securities (Private) Limited
PakistanSource 1
No separate licence entry is recorded in this panel.
Important document qualifications
Sections ↑Sources & further reading
- PMEX licensed-broker register — 21 October 2026 (indexed official entry) Pakistan Mercantile Exchange
- PMEX service, documentation, minimum and support Standard Capital Securities · Accessed 26 Oct 2026
- Company-linked PMEX commission structure Standard Capital Securities · Accessed 26 Oct 2026
- Funding, bank fees and tax information — published guide Standard Capital Securities · Accessed 26 Oct 2026
- PMEX getting-started guide Standard Capital Securities · Accessed 26 Oct 2026
- PMEX risk-management guide, company-hosted Pakistan Mercantile Exchange, SCS-hosted copy · Accessed 26 Oct 2026
- SECP futures-broker licence, October 2025–October 2026 SECP, company-hosted copy · Accessed 26 Oct 2026
- PMEX investor grievance procedure — company-hosted copy Pakistan Mercantile Exchange, SCS-hosted copy · 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.