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.
Entity
Pepperstone
No local licensing here
Which company you actually sign with in Pakistan, and whose licence that is.
another company under the same brand
Cyprus Securities and Exchange Commission · 388/20
the company you looked up
Financial Services Authority (Seychelles) · no number published
Check it yourself:https://fsaseychelles.sc/regulated-entities/capital-markets
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.
PEPPERSTONE EU LIMITED
licensed by Cyprus Securities and Exchange Commission · 388/20
DIFFERENT legal entities trade under one brand here, on different licences. The one you sign with decides which rung you are on: the protection differs, and the licence the brand advertises on its site may not be the one you get.
233 rows · good 2026-09-29 · tried 2026-09-29