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Unregulated

PMEX

Cyprus · Pakistan Mercantile Exchange Limited
Unregulated Cyprus 5-10 years Metals, Energy Listed on MetaQuotes MT5 Main market: PK
1.6/ 10
Trust score

Poor

High-risk profile — proceed only with caution and small amounts.

Licensed-broker average 4.9 / 10
Website offline Read reviews Report broker Updated 01 Aug 2026
Possibly shut down. PMEX's website (www.pmex.com.pk) was offline when we checked on 25 Oct 2026: the site did not respond on repeated checks. Do not deposit, and be wary of anyone contacting you on its behalf. Report a problem →
PMEX has no verified tier-1 regulatory licence on record. See what this means →
User reviews
—
License status
None
Operating since
2011
Platforms
MT5
Min. deposit
—
Max. leverage
—
Account types
—
Website status
Offline
checked 25 Oct 2026

PMEX Review — Overview

Updated 01 Aug 2026
Regulation
Unregulated
Licence status
None
Platforms
MT5
Instruments
Metals, Energy, Agriculture products
Operating
Est. 2011
Main market
PK
Entity
Pakistan Mercantile Exchange Limited
Website
pmex.com.pk · Offline

PMEX is a forex & CFD broker based in Cyprus, established in 2011. On Trust Broker Hub it holds a Trust Score of 1.6 out of 10, which we rate as Poor — below the 4.9/10 average for brokers that hold a verified licence. High-risk profile — proceed only with caution and small amounts.

We could not verify any regulatory licence for PMEX. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.

PMEX provides access to Metals, Energy, Agriculture products. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, PMEX carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.

Trust score breakdown

How is this calculated?
Regulation no licence on record 1.0 / 10 × 50%
Transparency public disclosure 4.0 / 10 × 20%
Footprint track record 4.0 / 10 × 15%
Reviews no verified trader feedback yet 3.0 / 10 × 10%
Complaint record no complaint history on file 5.0 / 10 × 5%
Weighted total 2.45
Data completeness 3 of 10 facts verified 30%  ×0.65
Trust Score 1.6 / 10

We could verify only 3 of 10 facts about PMEX, so its score is scaled down. A missing licence, undisclosed trading terms or no track record cannot earn marks — absence of bad news is not evidence of safety.

Trust Score history

PMEX currently scores 1.6/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

  • No unresolved complaints on record
  • Listed in our verified broker directory

Cons

  • No verified regulatory licence on record
  • Trading conditions and fees not publicly disclosed
  • Always verify the licence directly before depositing

Regulation

0 licences

No regulatory licence on record for PMEX. Treat with caution and verify before depositing.

MetaQuotes registry

As listed in the MetaQuotes MT5 broker directory · checked 26 Oct 2026
Pakistan Mercantile Exchange Limited MT5 server: PMEX
Registration number
0043602
Registered address
The Hive, 3rd Floor, National Aerospace Science and Technology Park (NASTP), Main Shahra-e-Faisal Karachi, Pakistan
Offices
Pakistan
Status (per MetaQuotes)
Regulation: Pakistan
Website
www.pmex.com.pk
Email
info@pmex.com.pk
Abuse reports
info@pmex.com.pk
Phone
+92 21111623623

Company details come from the broker's listing in MetaQuotes' MetaTrader 5 directory. A MetaQuotes listing is not a regulatory licence; see the Regulation section above for verified licences.

Trading conditions

Self-reported
InstrumentsMetals, Energy, Agriculture products
Minimum depositNot disclosed
Maximum leverageNot disclosed
Typical spreadNot disclosed
PlatformsMT5
Demo account❌

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on PMEX

Editorial · updated 01 Aug 2026
Our analysis · editorial 1.6/10

High-risk profile

PMEX does not hold a verified regulatory licence on record. Based in Cyprus, it has been operating for about 15 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 1.6/10 — a high-risk profile.

Strengths
  • Long 15-year operating track record
  • No complaints on record with us
  • Supports MT5 trading
Watch-outs
  • No verified regulatory licence on record — funds may lack protection
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

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PMEX — Questions & Answers

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Complaints & alerts

0 on record
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag PMEX here if that changes.

Full specifications

Regulated region
Cyprus
Operating period
5-10 years
Main market
PK
Instruments
Metals, Energy, Agriculture products
Year founded
2011

Frequently asked

Is PMEX a safe broker?
PMEX scores 1.6 / 10 on our Trust Score, below the 4.9 average for brokers that hold a verified licence. It has no verified tier-1 licence, raising risk. It has no complaints on record with us, though that is not proof of good conduct. Trade only with funds you can afford to lose.
What is the PMEX MT5 server name?
PMEX is listed in the MetaQuotes MetaTrader 5 directory under the server name "PMEX". In MetaTrader 5, add an account and search for that name, then choose the exact server shown in your account details from the broker. Read our methodology.
Is PMEX regulated?
MetaQuotes lists Pakistan Mercantile Exchange Limited with the status "Regulation: Pakistan". That is the broker's own declaration to MetaQuotes, not a licence we have checked. We hold no verified licence for it, so check the regulator's own register before depositing.
How is the PMEX trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from PMEX?
PMEX doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.