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/10

Habib Ullah Sheikh

Pakistan|5-10 years|
Suspicious Scope of Business|High potential risk|

http://www.pakstocks.com.pk

Website

Rating Index

Contact

+92 0423-6311383-7
info@pakstocks.com.pk
http://www.pakstocks.com.pk
Room No.213, 2nd Floor, LSE Building, Lahore, Pakistan

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-13
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Habib Ullah Sheikh · WikiFX Survey

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Habib Ullah Sheikh · Company Summary

Habib Ullah Sheikh Review Summary
Founded 2006
Registered Country/Region Pakistan
Regulation No Regulation
Market Instruments Stocks
Demo Account Unavailable
Minimum Deposit PRK 2000
Customer Support Phone Number: +92 0423-6311383-7
Email: info@pakstocks.com.pk
Address: Room No.213, 2nd Floor, LSE Building, Lahore, Pakistan
Contact form

What is Habib Ullah Sheikh?

Habib Ullah Sheikh, established in 2006 and headquartered in Pakistan, operates as a platform facilitating stocks trading. Not subject to regulation, it offers investors access to the stock market, making it accessible to a broad range of traders.

Habib Ullah Sheikhs homepage

Pros & Cons

Pros Cons
  • Multiple Customer Support Channels
  • No Regulation
  • Demo Account Unavailability

Pros:

  • Multiple Customer Support Channels: Habib Ullah Sheikh provides various customer support channels including phone, email, and contact form, enhancing accessibility and assistance for clients.

Cons:

  • No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform.

  • Demo Account Unavailability: The absence of a demo account feature may hinder prospective traders from familiarizing themselves with the platform and practicing their trading strategies before committing real funds.

Is Habib Ullah Sheikh Safe or Scam?

Habib Ullah Sheikh currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.

No license

Market Instruments

Habib Ullah Sheikh offers stocks as a prominent trading instrument within its portfolio of financial services. Through its platform, investors gain access to a diverse array of stocks from various sectors and markets.

Customer Service

Habib Ullah Sheikh provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  • Phone Number: +92 0423-6311383-7

  • Email:info@pakstocks.com.pk

  • Address: Room No.213, 2nd Floor, LSE Building, Lahore, Pakistan

  • Contact form

contact form

Education

Habib Ullah Sheikh's blog offers a variety of educational resources, including recent posts covering significant market events. Examples include discussions on IPOs like “Octopus IPO makes history” and “Air Link raises Rs6.43b in largest private sector IPO.” Additionally, posts such as “Tarin expresses satisfaction over PSX progress” and “Strong remittances data, IT package lift PSX” provide insights into market performance and government policies. The blog also commemorates milestones, like “74 years of the PSX,” offering historical perspectives.

Education

Conclusion

In conclusion, Habib Ullah Sheikh offers an extensive range of trading instruments, educational resources, and a comprehensive and accessible customer support network, making it an advantageous platform for various investors with varying investment styles and goals. However, the lack of valid regulation raises significant concerns about the safety and trustworthiness of the platform.

Frequently Asked Questions (FAQs)

Question 1: Is Habib Ullah Sheikh regulated?
Answer 1: No. It has been verified that this broker currently has no valid regulation.
Question 2: Does Habib Ullah Sheikh offer demo accounts?
Answer 2: No.
Question 3: What is the minimum deposit for Habib Ullah Sheikh?
Answer 3: The minimum initial deposit to open an account is PRK 2000.
Question 4: Is Habib Ullah Sheikh a good broker for beginners?
Answer 4: No. It is not a good choice for beginners because of its unregulated condition.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

Habib Ullah Sheikh (Pvt)Ltd.

Abbreviation

Habib Ullah Sheikh

Regulatory Status

No Regulation

Platform registered country and region

Pakistan

Company website
Phone of the company
  • +92 0423-6311383-7

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address
  • Room No.213, 2nd Floor, LSE Building, Lahore, Pakistan

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • info@pakstocks.com.pk

Company Summary

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