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No Regulation
Score
1.52 /10
Danger
Hamza Farhad
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.11
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
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!
Previous Detection :
2024-12-25
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Hamza Farhad Review Summary | |
| Founded | 2011 |
| Registered Country/Region | Pakistan |
| Regulation | No regulation |
| Services | Brokerage service in securities, portfolio management, share valuation, foreign investment services, investment advisory service |
| Customer Support | Email: hamzafarhadsecurities@hotmail.com, compliance.hfspl@hotmail.com, hfs@salmansgroup.com |
| ISLAMABAD address: No 11, Chaudhry Plaza, Block 51, Blue Area; Tel:+92 51 2279754-55, Fax:+92 51 2274309 | |
| Lahore address: 5 Ambassador Centre, Davis Road; Tel: +92 42 36366942, +9242 36366972, Fax:+92 42 36372148 | |
Hamza Farhad Information
Hamza Farhad Securities (PVT) Limited, short as HFS, was registered as a Corporate Member with Islamabad Stock Exchange in the year 2011 which was later on integrated with Karachi and Lahore stock exchange to form Pakistan Stock Exchange.
Operating in both Islamabad and Lahore, the company offers financial services in securities brokerage, portfolio management, share valuation, foreign investment services and investment advisory service to local and foreign investors, allowing them to buy and sell shares of companies listed on the Pakistan Stock Exchange. You can place trading orders by telephone with this company.
It claims to offer an investor education program for investor training, but so far we have not found any detailed information regarding this section.
Furthermore, one fact worth noting is that the broker currently operates without regulation from any authorities, degrading its credibility and reliability.
Pros and Cons
| Pros | Cons |
| Focuses on securities on Pakistan Stock Exchange | Lack of regulation |
| Limited info on trading conditions | |
| No details on claimed training resources |
Is Hamza Farhad Legit?
The broker operates without any valid supervision from any regulatory authorities. It raises a question about its legitimacy and credibility because regulated brokers usually adhere to strict industry standards to protect customer funds.
What Can I Trade on Hamza Farhad?
As a stockbroker, Hamza Farhad Securities (HFS) offers a series of financial services regarding securities.
- Brokerage Services: Encourages diversification of investments in securities for individuals and institutions.
- Portfolio Management: Helps clients build balanced portfolios to optimize returns and security.
- Share Valuation: Conducts valuations for both quoted and unquoted shares.
- Foreign Investment Services: Facilitates foreign investment opportunities for clients through established contacts.
- Investment Advisory Services: Delivers market research and analysis to inform clients of investment opportunities.
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