Muhammad Munir Muhammad Ahmed Khanani Securities Limited – Broker Overview

Muhammad Munir Muhammad Ahmed Khanani Securities Limited requires a minimum initial deposit of PKR 5,000 to open a trading account. Funds can be deposited via IBFT or RAAST transfer from any Pakistani bank account in your name.

Muhammad Munir Muhammad Ahmed Khanani Securities Limited charges a Regular Market commission rate of Higher of Rs 0.03 or 0.15%. On top of brokerage commission, standard PSX trading costs apply to every trade: CDC charges per official tariff, Capital Gains Tax withheld per FBR rates, and PSX/SECP regulatory fees. These are the same regardless of which broker you use.

Yes. Muhammad Munir Muhammad Ahmed Khanani Securities Limited is licensed by the Securities and Exchange Commission of Pakistan (SECP) and holds Trading Right Entitlement Certificate (TREC) a number not published by the exchange from the Pakistan Stock Exchange. The firm currently holds a broker rating of VIS: BMR2+. When you open an account with Muhammad Munir Muhammad Ahmed Khanani Securities Limited, your shares are held in your own CDC sub-account — not in the broker's custody — providing structural protection for your assets. Trade settlement is handled by NCCPL (National Clearing Company of Pakistan Limited) under SECP-mandated rules.

Muhammad Munir Muhammad Ahmed Khanani Securities Limited was established in 1998, giving it 28+ years of PSX market experience. The firm is led by Mr. Muhammad Munir Khanani and operates from Stock Exchange Main Building, Stock Exchange Road, Karachi-74000.

Muhammad Munir Muhammad Ahmed Khanani Securities Limited does not currently offer its own dedicated mobile trading app. However, you can access your MMAKS account through StockIntel's iOS and Android apps — Pakistan's first multi-broker trading platform — giving you full mobile trading capabilities including real-time PSX data, TradingView charts, custom alerts, and the option to add other brokers to the same interface.

Fund deposits to Muhammad Munir Muhammad Ahmed Khanani Securities Limited typically take 30 mins to reflect in your trading account once the transfer is confirmed. Withdrawal requests take 30 mins to process. MMAKS supports RAAST for near-instant deposits. All deposits are made directly to MMAKS's settlement account from any Pakistani bank account registered in your name.

No. Muhammad Munir Muhammad Ahmed Khanani Securities Limited does not currently offer leverage or margin trading facilities.

Muhammad Munir Muhammad Ahmed Khanani Securities Limited supports an unspecified set of orders for PSX trading.

As of March 2026, Muhammad Munir Muhammad Ahmed Khanani Securities Limited ranks #5 in New UIN registrations, #2 in Trading Volume and #4 in Trading Value among Pakistani PSX brokers. Rankings are sourced from official PSX market data via Capital Stake's institutional data infrastructure and updated monthly. View live rankings for all major PSX brokers on the Brokers Directory page.

Use StockIntel's Broker Comparison Tool to compare Muhammad Munir Muhammad Ahmed Khanani Securities Limited side-by-side with other major PSX brokers based on commission rates, minimum deposits, rankings, supported order types, and platform features. Or browse the complete PSX Brokers Directory. Through StockIntel, you can also connect multiple brokers simultaneously and trade across them from a single interface — useful if you want MMAKS for some trades and a different broker for others.

Not currently. Muhammad Munir Muhammad Ahmed Khanani Securities Limitedis not integrated with StockIntel's multi-broker trading platform at this time, so existing MMAKS accounts cannot be connected. StockIntel currently supports four SECP-licensed partner brokers — Munir Khanani Securities, Chase Securities, Yasir Mahmood Securities, and Zahid Latif Khan Securities — for live multi-broker trading. If you trade primarily through MMAKSand want access to Pakistan's first multi-broker trading platform with real-time PSX data, TradingView charts, and the 150+ filter fundamental screener, you can open a free account with one of our partner brokers and use that for StockIntel-routed trades while keeping your MMAKS account active separately.

Muhammad Munir Muhammad Ahmed Khanani Securities Limited account opening is handled directly by MMAKS — visit their website (www.munirkhanani.com) or contact their head office at Stock Exchange Main Building, Stock Exchange Road, Karachi-74000 (phone: 92 21 36490034) for account opening procedures. Typical requirements include a Pakistani CNIC, proof of address, photographs, and a minimum deposit per MMAKS's policies. If you're evaluating PSX brokers and want to use Pakistan's first multi-broker trading platform, StockIntel currently supports four SECP-licensed partner brokers — Munir Khanani Securities, Chase Securities, Yasir Mahmood Securities, and Zahid Latif Khan Securities — with fully digital account opening in under 10 minutes.