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
Teletrade-DJ International Consulting Ltd
No local licensing here
Which company you actually sign with in Pakistan, and whose licence that is.
the company you looked up
Cyprus Securities and Exchange Commission · 158/11
Check it yourself:https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37588/
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.
Top Markets Solutions Ltd (ex Teletrade-DJ International Consulting Ltd)
licensed by Cyprus Securities and Exchange Commission · 158/11
248 rows · good 2026-09-29 · tried 2026-09-29
327 rows · good 2026-09-29 · tried 2026-09-29