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Memon Securities

Item: Memon Securities
Rating: 1.52

Pakistan|5-10 years|

Suspicious Scope of Business|High potential risk|

http://memonsecurities.com

Website

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Rating Index

Influence

Influence index NO.1

Finland 2.83

Surpassed 15.20% 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!

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Warning: Low score, please stay away!

Previous Detection : 2024-11-22

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Memon Securities · WikiFX Survey

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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.

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.

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	❌

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Pakistan Stock Exchange Online Trading	✔	IOS and Andriod	Investors of all experience levels
MT5	❌	IOS and Andriod	Investors of all experience levels

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
Email	amin_memon@hotmail.com
Support Ticket System	❌
Online Chat	✔
Social Media	Facebook, Instagram, Twitter, YouTube, etc
Supported Language	English
Website Language	English
Physical Address	Suite 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.