WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Memon Securities

Pakistan|5-10 years|
High potential risk|

http://memonsecurities.com

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Finland 2.83

Surpassed 47.67% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+92 (021) 32414380
amin_memon@hotmail.com
http://memonsecurities.com
Suite 154, 3rd Floor, Stock Exchange Building, Stock Exchange Road, Karachi, 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

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-10-16
  • 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

Memon Securities · WikiFX Survey

Users who viewed Memon Securities also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

VT Markets

8.59
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)
Official website

GTCFX

8.11
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)
Official website

Decode Global

8.37
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)
Official website

Memon Securities · Company Summary

Memon Securities Information

Memon Securities (Pvt. ) Ltd. is a Pakistani-based stock brokerage company that offers the Pakistan Stock Exchange platform accessible to trade on computers and portable devices. It has stocks, commodities, and mutual funds for investment. What has brought them down is no regulation, exposing investors to significant risk. Meanwhile, the company does not show any information about account types and trading fees.

Memon Securities Information

Pros and Cons

Pros Cons
  • User-friendly Pakistan Stock Exchange platform
  • Lack of regulation
  • Offers educational resources
  • Limited information on trading fees and account types
  • Offers diverse investment options

Is Memon Securities Legit?

Memon Securities operates without any regulations. The lack of regulation in such systems may open investors to a higher risk. The domain memonsecurities.com was updated on 2024-09-15 and is now in the states where the owner has locked down the domain from being transferred.

Is Memon Securities Legit?
Is Memon Securities Legit?

What Can I Trade on Memon Securities?

Memon Securities offers many trading options, including stocks, commodities, and mutual funds.

Tradable Instruments Supported
Mutual Funds
Commodities
Stock
Indices
Metals
What Can I Trade on Memon Securities?

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Pakistan Stock Exchange Online TradingIOS and AndriodInvestors of all experience levels
MT5IOS and AndriodInvestors of all experience levels
Trading Platform

Customer Service

You can contact Memon Securities 24/7 by email at amin_memon@hotmail.com or by phone at (021) 32414380, 32417511, 32438063.

Contact Options Details
Phone(021) 32414380, 32417511, 32438063
Emailamin_memon@hotmail.com
Support Ticket System
Online Chat
Social MediaFacebook, Instagram, Twitter, YouTube, etc
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressSuite 154, 3rd Floor, Stock Exchange Building, Stock Exchange Road, Karachi, Pakistan.

The Bottom Line

Memon Securities provides an interface to trade with stocks, commodities as well as mutual funds for the investors. However, there is no regulatory body that oversees the platform, hence investors are at high risk. Also, it lacks information such as fees and account types, which is another concern. For these reasons, Memon Securities is not a good choice for newcomers and may be appropriate only for those investors who are ready to work with unregulated platforms.

FAQs

Is Memon Securities good for beginners?

No. Due to the lack of regulation and potential risks, Memon Securities is not suitable for beginners.

Is Memon Securities good for day trading?

No. Lack of compliance and the unclear disclosure of fees are major worries.

How can I contact Memon Securities?

You can contact Memon Securities 24/7 by email at amin_memon@hotmail.com or by phone at (021) 32414380, 32417511, or 32438063.

Risk Warning

Online trading involves considerable risk. You should make sure to understand the risks involved and notice that the information above provided in this review may be subject to alteration.

Broker Information

Company Name

Memon Securities (PVT.) LTD

Abbreviation

Memon Securities

Regulatory Status

No Regulation

Platform registered country and region

Pakistan

Company website
Phone of the company
  • +92 (021) 32414380

Twitter

--

Facebook
Instagram

--

YouTube

--

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

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • amin_memon@hotmail.com

  • info@memonsecurities.com

Company Summary

Review

0 Comments
Write a comment

No comment yet

Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com