Scam WatchExtracts from the official registers · Pakistan
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Registers last read 2026-09-29
Extract · SW-abf-trade-eu-limited · PakistanYou looked up abftrade.com

Pakistan does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.

Last checked2026-09-29

Entity

ABF TRADE EU LIMITED

X Global Markets Ltd

No local licensing here

X Global Markets Ltd

Which company you actually sign with in Pakistan, and whose licence that is.

A
ABF TRADE EU LIMITED

the company you looked up

Cyprus Securities and Exchange Commission · 171/12

Check it yourself:https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37567/

Licences held across the group

Pakistan does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.

Rung 1 · comparable supervisionyes

ABF TRADE EU LIMITED

licensed by Cyprus Securities and Exchange Commission · 171/12

SupervisionFull: capital requirements, client-money segregation, regular reporting.
CompensationA scheme exists, but it usually does not cover clients resident abroad.
Source · read · 2026-09-29

2.

Sources consulted

CY-CYSECCyprus Securities and Exchange Commissionread

248 rows · good 2026-09-29 · tried 2026-09-29

CY-ESMACyprus Securities and Exchange Commission (via ESMA register)read

327 rows · good 2026-09-29 · tried 2026-09-29

Not read yet. Listed so the gap is visible.