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No Regulation
Score
1.53 /10
Danger
Habib Ullah Sheikh
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.14
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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 :
2025-01-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: Habib Ullah Sheikh's official website: http://www.pakstocks.com.pk is currently inaccessible normally.
| Habib Ullah Sheikh Review Summary | |
| Founded | 2007 |
| Registered Country/Region | Pakistan |
| Regulation | No Regulation |
| Market Instruments | Stocks |
| Demo Account | ❌ |
| Leverage | Not mentioned |
| Spread | Not mentioned |
| Trading Platform | Not mentioned |
| Min Deposit | PKR 2000 |
| Customer Support | Phone: +92 0423-6311383-7 |
| Email: info@pakstocks.com.pk | |
| Address: Room No.213, 2nd Floor, LSE Building, Lahore, Pakistan | |
Habib Ullah Sheikh Information
Established in Pakistan in 2007, Habib Ullah Sheikh offers consumers stock trading services. But the platform's unregulation could endanger consumers' confidence and security.
Pros and Cons
| Pros | Cons |
| Detailed Customer support | Unregulated |
| No demo account availability |
Is Habib Ullah Sheikh Legit ?
Pakistan or international authorities like FCA or ASIC neither controls Habib Ullah Sheikh. Since investment protection calls for government regulation, this calls questions about the validity of the platform and consumer fund safety.
The domain was registered on August 31, 2007, according to WHOIS data given for pakstocks.com.pk, and is still live with expiration in 2027.
What Can I Trade on Habib Ullah Sheikh
Stocks are Habib Ullah Sheikh's main trading instruments.
| Tradable Instruments | Supported |
| Forex | ❌ |
| Commodities | ❌ |
| Crypto | ❌ |
| CFD | ❌ |
| Indexes | ❌ |
| Stock | ✔ |
| ETF | ❌ |
Account Types
Habib Ullah Sheikh does not offer Islamic or demo accounts; he only offers one real account type. This kind of account is meant for Pakistani market stock traders.
Deposit and Withdrawal
Habib Ullah Sheikh must deposit least PKR 2000. There is not specific information about processing times or deposit and withdrawal charges.
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