Not Regulated

Score

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/10

Memon Securities

Item: Memon Securities
Rating: 1.57

Pakistan | 5-10 years |

Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://memonsecurities.com

Website

Time Machine

Rating Index

Contact

+92 (021) 32414380

http://memonsecurities.com

Suite 154, 3rd Floor, Stock Exchange Building, Stock Exchange Road, Karachi, Pakistan.

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-05-14

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Pakistan

Operating Period

5-10 years

Company Name

Memon Securities (PVT.) LTD

info@memonsecurities.com

Contact Number

+9202132414380

Company Website

http://memonsecurities.com

Verified Site

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Details

Official Website

Verified Site

memonsecurities.com
173.236.22.138
Server Location
United States
ICP Registration No.
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Memon Securities

Related Companies

MEMON SECURITIES (PRIVATE) LIMITED(Pakistan)

Active

Pakistan

Registration No. 0041568

Est. Date 2019-02-21

Source Official Statement

Company Profile

Review summary

Memon SecuritiesReview Summary
Founded	2007-07-20
Registered Country/Region	Pakistan
Regulation	Unregulated
Services	International and Domestic Brokerage/Investment and Economic Research
Trading Platform	Memon Securities(Android/iOS)
Customer Support	Phone: +92 (021) 32414380, 32417511, 32438063
	Email: amin_memon@hotmail.com
	Facebook/YouTube/Twitter/Telegram/Instagram

Memon Securities Information

Memon Securities (Pvt.) Ltd. is one of the brokerage houses Specializing in stocks at PSX. Services include international and domestic brokerage and investment and economic research. Open an account in just three steps: Fill in the form, Open an Account with PKR 25.000 only, and Place your first trade. Customers can download mobile applications through the APP store or Google Play.

Is Memon Securities Legit?

Memon Securities is not regulated, making it less safe than regulated brokers.

Company Profile

5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk

Wiki Q&A

Is Memon Securities safe and reliable?

Memon Securities presents a significant safety and reliability concern. According to WikiFX data, the broker holds a comprehensive risk score of 1.57 out of 10, indicating profound deficiencies. The core issue is that it operates without any valid regulatory oversight for forex trading, placing client funds outside the protections of a recognized financial authority. This absence of credible regulation constitutes an extremely high-risk profile for traders.

In a week

United States

Is Memon Securities regulated?

No, Memon Securities is not a regulated broker for forex and CFD trading. While the entity claims to have been registered with Pakistan's SECP since 1987, this registration is not equivalent to a specific forex trading license. WikiFX assessment indicates there are no verified licenses from any financial authority authorizing its forex brokerage activities. It is classified as an unregulated entity.

In a week

United States

What is the minimum deposit of Memon Securities?

Specific minimum deposit requirements for Memon Securities are not publicly disclosed on its primary operational channels. This lack of transparent information on a fundamental account requirement is atypical for established brokers and complicates the process for potential clients to evaluate and engage with the service.

In a week

United States

Does Memon Securities support MT4 or MT5?

Memon Securities has not officially listed support for industry-standard platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5) in its public profile. The trading software environment for its clients remains unclear, which deviates from the norm of transparently stating the available trading technology.

In a week

United States