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Standard Capital review

Standard Capital


On-line since: 2006
Country of origin: Pakistan
Regulation: Central Depository Company of Pakistan, National Clearing Company of Pakistan Limited, Securities and Exchange Commission of Pakistan
Payment options: transaction verifying receipt, bank transfer from some Pakistani banks with confirmation via email, individual withdrawal agreed with broker.
Minimum account size: RPK25,000 (the Pakistani rupee)
Minimum lot size: 0,01 lot
Leverage: -
Spreads: floating

About the company:

Standard Capital Securities (Pvt) Ltd is a leading brokerage firm in Pakistan and a corporate member of the Karachi Stock Exchange (KSE is one of the fastest growing MSCI markets in the world), SCSTrade provides direct access to a wide range of trading tools.

Products and services:

Standard Capital Securities is a direct participant in the Karachi Stock Exchange Ltd. The stock market, founded in 1947, is among three largest Pakistani exchange markets.

History:

Standard Capital Securities (Pvt) Ltd was founded in 1990 and became a corporate entity in 1998.

Security of funds:

Client’s assets are kept in a number of Pakistani banks.

Accounts and currencies:

There are two types of client’s account: Standard and Premium. Minimal deposits are PKR25,000 and PKR40,000, respectively. Account currency: PKR (the Pakistani rupee).

Minimum deposit

Deposit starts from RPK25,000.

Spreads and commissions

Spreads range from 1 pip to 3 pips.

Trading platforms

The broker can work only with SCS SmarTrader, its own web-based trading platform, fully customized to conduct stock trading.

Customer service

You may contact the customer service via telephone number or email given on the  broker’s page. Pay attention to the language of communication — Urdu.

vTrader reviews

not found

Advantages:

  • not found

Disadvantages:

  • deposit and withdrawal method;
  • support service;
  • trading platform;
  • account currency;
  • limited instruments;
  • Pakistan.

Standard Capital 0/10 (votes 2239)
Author of Standard Capital: Somen | Date 2022-06-12
Standard Capital is not a good broker. Their trading platform is not steady. In the last 4 months, I face disconnection problem every day. They refused to compensate the losses I had on my account last two weeks though they acknowledge that they have a technical issue on that time but still they didn't give the money back to my account.
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Author of Standard Capital: Verza | Date 2022-03-15
Their MT4 platform works very smoothly, order execution is instant, and no requotes. Due to a good quality platform, I can easily make a profit. Their services are very complete and organized. Last week, I got some technical error during trading activities and I contacted the support team. Well, they are accessible 28/4 to provide any assistance. The platform is accurate and fast. I traded with their $600, followed all the conditions and made $400 profit just in two months.
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Author of Standard Capital: Christopher | Date 2021-05-05
I have a bad trading experience with Standard Capital. I've realised that their service is unprofessional in the market and their platform is impossible for trade. As it's delay execution and re-quotes is the main issue. Also, their payment service is worst too. I wasted my time with Standard Capital. so I advise others traders, investing is risky with the Standard Capital broker.
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Author of Standard Capital: Billu | Date 2021-02-26
I did not have any expectation when I opened an account at Standard capital. Honestly, all I was expecting was a decent trading condition. Thankfully, this broker provides more than just that. It offers a stable platform with competitive spreads. I am now very happy that I chose this broker.
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Author of Standard Capital: Xandra | Date 2021-02-24
It’s really simple and evident to open-close-and modify your trades, orders, SLs and TPs. Their customer support is class above, always been friendly and resourceful. It is very great to use their service, their representatives were professional whenever a matter is addressed to them. The whole account opening procedure is fast and simple. I also never had problems, when making deposits and withdrawals. Execution is okay not the best but still okay. Haven't faced problems in withdrawing small amounts. I have no complains about honestly up to now.
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