User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
No Regulation
Score
1.53 /10
Danger
Adam Securities
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
D
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index7.12
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
open now
Check whenever you want
Download App for complete information
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
| Adam SecuritiesReview Summary | |
| Founded | 2001 |
| Registered Country/Region | Pakistan |
| Regulation | No regulation |
| Market Instruments | Stocks, Futures, Commodities, Indices, Equity, Debt |
| Demo Account | / |
| Trading Platform | Vtrader, Anydesk |
| Min Deposit | Rs.5,000 |
| Customer Support | Business Hours: Monday - Friday - 9 am to 5 pm |
| Live chat | |
| Tel: +92 21 32444315 - 16, +92 21 32413580, +92 21 32420909 | |
| Fax: 32437380 | |
| Email: faisal@adamsecurities.com.pk, info@adamsecurities.com.pk, adamsecurities145@yahoo.com | |
| Company address: Room 806-814, 8th Floor, Pakistan Stock Exchange Building, Stock Exchange Road, Karachi | |
Established in 2001, Adam Securities is an unregulated Pakistani securities company that offers trading services in Stocks, Futures, Commodities, Indices, Equity, and Debt via Vtrader and Anydesk.
Pros and Cons
| Pros | Cons |
| Many years' experience in the industry | No regulation |
| Various trading products | High minimum deposit |
| Clear fee structure | |
| Comprehensive customer support | |
| Live chat |
Is Adam Securities Legit?
No, Adam Securities is not regulated. This is an important factor when an investor chooses a trading firm.
What Can I Trade on Adam Securities?
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Futures | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Equity | ✔ |
| Debt | ✔ |
| Forex | ❌ |
| Cryptocurrencies | ❌ |
Account Type
Adam Securities offers two account types, Individual account and Joint account. Besides, Institutional accounts (joint stock companies, mutual funds, trusts, etc.) must be opened in person at their offices.
| Account | MinDeposit |
| Individual | Rs.5,000 |
| Joint | Rs.5,000 |
Adam Securities Fees
Ready Delivery Contract Market (Normal): The minimum commission is 3 Paisa per share or 0.15% of the transaction value, whichever is higher.
Ready Market (Intra-Day Squared): Same as above, applied to one side of the trade.
Arbitrage: No minimum commission rate.
Margin/Financing Systems: Minimum commission of 3 Paisa per share or 0.15% on Ready Market trades only.
Deliverable Futures: Minimum commission of 3 Paisa per share or 0.15% for unsquared trades during the contract period.
Deliverable Futures (Squared): Minimum commission of 3 Paisa per share or 0.15% on one side for squared trades.
Proprietary and Family Trades: No minimum commission rate.
The commission range is from 3 Paisa per share or 0.15% to a maximum of 2.5% of the transaction value.
Trading Platform
Vtrade Online Trading Application: Available for Windows and MacBook, with an installation password “vtrade” for Windows.
Mobile Trading: Accessible via apps on Google Play and the App Store.
Remote Desktop Utilities: Team Viewer and AnyDesk are supported, with AnyDesk also available on the App Store.
Prerequisites for Windows XP: Requires .Net Framework 2.0.5 and Windows Installer 3.1, with download links provided for these.
start to write first comment