Extrade Pakistan: calculators, Exness guides and trading basics

Size a position before you trade

The lot size calculator finds your position size from balance, risk share and stop-loss.

A common mistake is not knowing how big a position should be.

A lot is the standard unit of trade size. On Exness the minimum is 0.01 lot on most instruments, and some instruments differ. A stop-loss is an order that closes the position at a set price to limit the loss. A stop can still be filled at a worse price during fast moves or gaps.

What this site is

Extrade Pakistan is an independent information site for traders in Pakistan. We are a partner of the broker Exness. We are not Exness. We do not hold your money, take orders, or give login access. For anything about your own account, use the Exness personal area or the official Exness website and apps.

The site covers:

• Calculators and simulators for position size, margin, pip value, swaps, drawdown and more, plus reference exchange rates for orientation.
• Guides to Exness accounts, platforms, deposits and withdrawals, written from Exness's published conditions.
• Learning sections on trading basics, analysis, risk and psychology.
• Regulation and safety, including what Pakistani regulators say about offshore forex and CFD platforms.
• Personal finance topics such as gold, savings schemes, zakat and Islamic finance.

Leveraged forex and CFD trading can lose money fast. A CFD (contract for difference) is a contract on the price change of an asset. You do not own the asset. Leverage, meaning borrowed exposure, makes both gains and losses larger. Nothing on this site is advice or a signal.

Calculators and simulators

All tools are on the Calculators hub. The most used are:

For currency conversion, use the Currency converter and the Exchange rates hub, for example USD to PKR, SAR to PKR or AED to PKR. Official rates are covered under SBP exchange rates and SBP rates and economy. The rates shown are for reference only. They are not the rates a bank or broker will give you.

Exness in brief

Exness is an international broker group. It offers CFDs on over 200 CFD instruments, covering forex, commodities, cryptocurrencies, stocks and indices. Its group companies are licensed in different places, for example Exness (SC) Ltd, regulated by FSA Seychelles, licence SD025, registration number 8423606-1. To see which company holds your account, check: shown in the Personal Area footer. None of these licences is a Pakistani licence. See the legal section below.

Accounts. Registration creates a real Standard MT5 account and a demo Standard MT5 account. The main conditions, as Exness publishes them:

Spreads are "from" values and can widen. The maximum leverage shown for Standard is 1:Unlimited, but unlimited leverage requires, in Exness's words: on real accounts: equity below 5,000 USD and at least 10 closed orders totalling 5 lots or more across real accounts. Stop out is the margin level at which the broker starts closing positions. Exness publishes: Standard Cent: margin call 60%, stop out 0%; Standard: margin call 60%, stop out 0%; Pro: margin call 30%, stop out 0%; Raw Spread: margin call 30%, stop out 0%; Zero: margin call 30%, stop out 0%. It also states that 0% stop out not supported in some countries; may vary. After a stop out, the stated policy is balance reset to 0 after stop out. That rule limits the loss to your deposit. It does not protect the deposit itself.

Compare all types on Account types and Exness accounts. The Demo account starts with 10,000 USD (virtual). There are also MT4 demo and MT5 demo guides. Note that for Standard Cent: demo not available.

Platforms. Exness lists: Exness Terminal (web), MT WebTerminal (web, MT4/MT5), Exness Trade app (Android, iOS), MetaTrader 4 (desktop, Android, iOS), MetaTrader 5 (desktop, Android, iOS), MT4 MultiTerminal (Windows only). Our Platforms and apps hub explains each one: MetaTrader 4, MetaTrader 5, MT WebTerminal, the Exness Trade app, Exness Go and Windows apps. Install apps only from the official stores or the official Exness site. We do not host downloads.

Payments. Exness says deposits and withdrawals can run 24/7. Payment methods are shown only in the Personal Area; depends on registered region. Withdrawals go to own personal payment accounts only. On fees, Exness states: Exness covers third-party costs; some deposit fees may apply on specific methods. Details are in Deposits and withdrawals, Withdrawal methods and Withdrawal time. Check current methods and fees in your personal area. For overnight costs and swap-free rules, see Swap fees.

How to open and access an account is covered on Registration and Login. Read the legal section below first.

The legal position in Pakistan

This section matters more than any account condition. The points below come from Pakistani regulators.

• On offshore remittances: per the SBP, remitting foreign exchange to overseas forex/margin/CFD platforms is not allowed through any payment channel (FERA s.5(1)).
• Also, per the SBP, the purchase of offshore forex/margin/CFD products by Pakistani residents violates section 4(1) of FERA 1947. The notice names other platforms as examples and does not name Exness.
• The SECP is the Securities and Exchange Commission of Pakistan (SECP), with trading in listed securities and commodities only via SECP-licensed securities and futures brokers.
• Per the SECP, offshore forex/CFD platforms operate without regulatory approval in Pakistan, and per the SECP, offshore platforms have no Pakistani licence or oversight and offer no legal protection or recourse. The release referred to names a different platform, not Exness.
• On licensing: under the Futures Market Act 2016, s.47(1), no one may carry on a regulated activity (futures broker, adviser, representative) without an SECP licence. On penalties: under the Futures Market Act 2016, s.104(3), operating without a licence carries, for an individual, a fine of up to PKR 250 million or up to 3 years' imprisonment, or both.
• To check a local broker, note that per the SECP, lists of licensed brokers are on the PSX and PMEX websites.

An overseas licence held by an Exness company is not a Pakistani licence. Per the SECP, offshore platforms offer no legal protection or recourse in Pakistan. Read Law and regulators and Regulation and Safety before you send money anywhere. For locally regulated markets, see PSX basics. For banking and tax, see Payments, tax, Islamic banking.

Learn to trade

Start with Trading basics and the Trading glossary. Then move on to:

• Analysis: Technical analysis, Candlestick Patterns, Chart Patterns, Fundamental analysis
• Process: Risk management, Trading psychology, Trading strategies
• Markets: Forex trading, Currency pairs, Metals, XAUUSD spread, Stock indices, Nasdaq-100 (NAS100), USTEC, US30, Energies, Crypto CFDs

The learning pages explain how things work. They do not tell you what to trade.

Gold, savings and Islamic finance

Not every page is about trading:

• Gold: the Gold hub, Gold in Pakistan, the Gold tola calculator, the Gold karat calculator and Gold ounce to PKR/gram.
• Savings and loans: Saving, Investing, Loans, Savings and deposits, National Savings schemes and their Profit calculator. Related tools include Inflation, Real return, Compound interest, Loan and Mortgage calculators.
• Islamic finance: Islamic finance and the Zakat calculator.

Frequent questions

Is Extrade Pakistan part of Exness?

No. We are an independent site and a partner of Exness. We do not handle accounts, money or logins. Use the Exness personal area or the official site for anything about your account.

Is Exness licensed in Pakistan?

The Exness companies hold licences abroad, such as Exness (SC) Ltd, regulated by FSA Seychelles, licence SD025, registration number 8423606-1. That is not a Pakistani licence. The SBP and SECP positions are summarised in the legal section above.

Can I lose more than I deposit?

Exness states: balance reset to 0 after stop out. You can still lose your whole deposit, and with leverage that can happen quickly.

Which account should I look at as a beginner?

We do not recommend accounts. Compare costs and conditions on Account types, and practise on a demo account first.

Are the exchange rates on this site dealing rates?

No. They are reference rates for orientation. Banks, exchange companies and brokers apply their own rates.

Where do I check current fees and payment methods?

In your Exness personal area. Conditions can change, and our pages describe only what Exness publishes.