H – Pakistan’s first Exchange Company. Granted license by the State Bank of Pakistan to carry out foreign exchange business. Limited is a leading exchange company in Pakistan. The company is one of the forex brokers philippines to start currency exchange business in the country.
Alhamdolillah, Emirates Global Islamic Bank Limited, a dedicated Islamic Commercial Bank, commenced operations in February 2007. The ZARCO Exchange Company is a respected financial institution that provides dependable Exchange and Transfer services to satisfied customers throughout Pakistan. Why sign up for a Practice Account? Trading foreign exchange or contracts for differences on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by ICM you should carefully consider your objectives, financial situation, needs and level of experience.
This market determines the foreign exchange rate. The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market works through financial institutions, and operates on several levels. Behind the scenes, banks turn to a smaller number of financial firms known as “dealers”, who are involved in large quantities of foreign exchange trading.