Your Step-by-Step Guide to Beginning Your Forex Journey with Azee Securities - PMEX

Currency trading has become a highly accessible investment option for individuals in Pakistan, thanks to regulated platforms like Pakistan Mercantile Exchange (PMEX) and licensed brokerage firms such as Azee Securities. Whether you're a student, a professional, or a retiree, you can start trading all major global currencies pairs like USD, EUR, GBP, and JPY from Pakistan with proper guidance, a secure platform, and essential knowledge.

This chapter will walk you through the exact steps to begin your forex trading journey in Pakistan, legally and confidently.

Understand the Legal Framework for Forex Trading in Pakistan

Before diving into the market, it’s crucial to understand that:

• Spot forex trading via international brokers is illegal in Pakistan under State Bank of Pakistan (SBP) regulations.
• However, currency futures trading is fully legal and regulated through PMEX, which operates under the Securities and Exchange Commission of Pakistan (SECP).
• You must trade through a licensed broker like Azee Securities, which is a registered PMEX member.

This ensures that your funds are protected, your trading is compliant, and you’re not exposed to unregulated offshore scams.

Choose a PMEX-Registered Broker - Azee Securities

To legally participate in currency trading in Pakistan, you must open a trading account with a PMEX-licensed broker.

Why choose Azee Securities?

• Licensed by SECP & PMEX
• Decades of experience in financial markets
• Real-time access to currency futures via a reliable trading platform
• Expert support and guidance
• Educational resources tailored for beginners

Documentation, KYC & Compliance Requirements

To open a PMEX trading account, Azee Securities will guide you through a simple but thorough onboarding process, which includes:

Required Documents:

• CNIC (Computerized National Identity Card)
• Proof of income/source of funds (salary slip, bank statement, etc.)
• Photograph (passport-sized)
• Utility bill for address verification (optional, depending on KYC profile)

Account Opening Forms:

• Risk disclosure
• Client agreement
• KYC/AML declarations
• Broker-client relationship terms

Once verified, your account is approved and linked with your unique PMEX UIN (Unique Identification Number).

Deposit Margin Money to Begin Trading

After account approval, you’ll need to deposit initial margin into your trading account to start trading.

Key Points:

• The minimum margin requirement is usually PKR 25,000–50,000, depending on the instrument.
• You can transfer the amount via bank transfer or cheque to your broker's designated account.
• Once the funds reflect in your account, Azee Securities will enable access to live trading.

You are now ready to take positions in currency futures, such as USD/PKR, EUR/USD, or GBP/JPY via PMEX.

Use a Demo Account to Practice (Highly Recommended)

If you're new to trading, Azee Securities provides a demo trading platform where you can:

• Practice placing buy/sell orders
• Learn how stop-loss and take-profit work
• Monitor real-time market movements
• Get comfortable with the platform interface

This is zero risk and highly useful for beginners. You’ll gain hands-on experience before risking your real capital.

Start Live Trading: Place Your First Trade

After practice and preparation, you’re ready to begin live trading. On Azee’s PMEX-enabled platform, you’ll:

• Select a currency futures contract (e.g., USD/PKR 1-month)
• Enter your order type (buy/sell)
• Set your lot size, stop-loss, and take-profit
• Monitor your margin level, profits, or losses in real-time
• Close or modify trades as needed

Tip: Start with small positions. Gradually scale up as you gain experience and confidence.

Follow Best Practices for New Traders

Success in currency trading isn’t just about making the right prediction—it’s about discipline, learning, and avoiding rookie mistakes.

Key Best Practices:

• Start small: Don’t overtrade or overleverage.
• Follow a plan: Know your entry/exit rules and stick to them.
• Use risk management tools: Always set stop-loss levels.
• Avoid emotional trading: Don’t chase losses or trade based on impulse.
• Keep learning: Follow market news, attend webinars, and read Azee's daily market commentary.
• Journal your trades: Track what worked and what didn’t.

Azee Securities: Your Forex Journey Partner

With Azee Securities, you’re not alone. You get:

• A dedicated relationship manager
• Educational content on PMEX markets
• Technical & fundamental analysis support
• Updates on key economic events impacting currency prices

Their team ensures you remain compliant, informed, and supported throughout your trading journey.

Quick Recap:

• You can trade currencies legally in Pakistan via PMEX, not offshore brokers.
• Choose a licensed broker like Azee Securities to open your trading account.
• Complete documentation and deposit initial margin to begin trading.
• Start with demo trading before moving to live markets.
• Follow best practices like risk management, continuous learning, and emotional control.

Get Started with Azee Securities

Ready to start your investment journey with Azee Securities? Open a Stock Trading Account and gain access to the Pakistan Mercantile Exchange (PMEX). Let Azee Securities help you make informed decisions. Our expert advisors, advanced trading platform, and real-time market data ensure you stay ahead of the curve.

Azee Securities Private Limited
Member Pakistan Stock Exchange | PMEX | NCCPL | CDC
SECP Registered & Regulated