Yasir Mahmood
Pros and Cons
Pros
- Specialized in stock trading
- Three account types available
- Diverse contact channels for support
- Long operational history since 2006
- Minimum deposit of Rs 10,000
Cons
- No regulatory licenses
- Limited trading instruments
- Lack of advanced trading platforms
- Potential withdrawal fees
- No educational resources for traders
Basic Information
User Reviews
Yasir Mahmood Overview
Yasir Mahmood is a forex broker founded on June 5, 2006, and is based in Pakistan. With an operating period of 5-10 years, the broker is known for its focus on stock trading. However, it is important to note that Yasir Mahmood does not have any regulatory licenses, which may present risks for potential traders seeking a regulated environment to conduct their trading activities.
The broker offers a range of services primarily centered on stock trading, providing clients with different account types, including Normal Account, Sahulat Account, and Company Account, with a minimum deposit requirement of Rs 10,000. Yasir Mahmood provides trading through desktop terminals and mobile applications, allowing for flexibility in trading. While there are various contact channels available for customer support, the absence of a regulatory license suggests that traders should exercise caution when engaging with this broker.
Is Yasir Mahmood Safe? Regulation Analysis
Regulatory Information
Yasir Mahmood is not regulated by any recognized financial authority. This lack of regulation raises significant concerns regarding the safety of client funds and the overall legitimacy of the broker’s operations. Trading with an unregulated broker like Yasir Mahmood may expose traders to higher risks, including the absence of investor protection mechanisms and an increased potential for fraud.
Trading Products and Services
What Trading Instruments Does Yasir Mahmood Offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
Yasir Mahmood offers a diverse range of trading instruments, primarily focusing on stock trading while also covering forex, commodities, indices, and cryptocurrencies. This variety ensures that traders, whether beginners or experienced professionals, can find suitable products that match their trading strategies and preferences. The inclusion of multiple asset categories supports portfolio diversification, allowing traders to adapt their approaches according to market conditions. With a minimum deposit of Rs 10,000, Yasir Mahmood’s offerings cater to various trading needs, helping users navigate different market environments effectively and flexibly.
Account Types and Trading Conditions
What Account Types and Fees Does Yasir Mahmood Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Normal Account | Beginners and general traders | Standard trading conditions | Requires a minimum deposit of Rs 10,000 |
| Sahulat Account | Casual traders seeking ease | Designed for simpler trading experiences | Requires a minimum deposit of Rs 10,000 |
| Company Account | Corporate clients | Customized services for businesses | Requires corporate documentation |
Account Opening Process
To open an account with Yasir Mahmood, prospective traders must follow a straightforward process. This includes submitting personal information, such as name, address, and contact details. Following this, employment and financial information will also be required. Identity verification is essential and includes providing a valid ID and proof of address. After the initial setup, traders may enjoy flexibility in their accounts, with options to upgrade to a professional account later if desired.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | Varies | Competitive spreads |
| CFDs (Stocks, Indices, Commodities) | Varies | Varies | Depends on the specific asset |
| Cryptocurrencies | Varies | Varies | Market-dependent pricing |
Other Fees
Additional fees may apply, which could include deposit and withdrawal fees, inactivity fees for accounts that are not used over a certain period, and platform usage fees if applicable. Traders should also consider overnight interest (swap rates) and potential currency conversion fees when trading across different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Yasir Mahmood Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| Desktop Terminal | Windows, macOS | Secure login (encryption), multiple order types, technical indicators, economic calendar | Demo accounts |
| Mobile App | iOS, Android | Secure login (biometrics), symbol lookup, price alerts, push notifications | N/A |
| Web Version | Any device with internet access | Secure login (2FA), market search, one-click trading | N/A |
The trading platforms offered by Yasir Mahmood include a desktop terminal, mobile app, and web version. Each platform is designed to cater to different user preferences, ensuring convenient access for traders. The desktop terminal provides advanced features, suitable for comprehensive analysis, while the mobile app allows for trading on the go with secure login options and real-time alerts. The web version offers accessibility across devices, making it easy for users to engage in trading activities wherever they are. Overall, Yasir Mahmood supports secure logins, fast order execution, and efficient market search tools, facilitating a flexible trading environment.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min Rs 10,000, Max Rs 1,000,000 | PKR |
| E-Wallet (e.g., JazzCash) | Instant | 1.5% charge | Min Rs 10,000, Max Rs 200,000/day | PKR |
| Credit/Debit Card | 1–3 days | No platform fee | Min Rs 10,000, Max Rs 500,000 | PKR |
Minimum Deposit
The minimum deposit requirement for Yasir Mahmood is Rs 10,000, applicable across all account types. This deposit amount is consistent regardless of the payment method used.
How to Withdraw
- Log in to your Yasir Mahmood account.
- Navigate to the ‘Withdrawal’ section.
- Select your preferred payment method.
- Enter the withdrawal amount, adhering to the limits specified.
- Submit your request for processing.
- Monitor the status of your withdrawal in your account.
Customer Support
Yasir Mahmood Customer Support Overview
Support Channels
Yasir Mahmood offers various contact methods for customer support, including:
- Email: Clients can reach out via info@invest.pk.
- Telephone: Support is available through direct calls at +92-42-36314141 and +92-42-36314176-81.
- Social Media: Yasir Mahmood maintains a presence on platforms like Facebook, YouTube, Instagram, X, and LinkedIn for additional help.
Service Availability
The customer support service is available during standard business hours. While the specific hours of operation are not detailed, clients can typically expect assistance during the working week. Currently, there is no indication of multilingual support being offered.
Frequently Asked Questions
Yasir Mahmood is not regulated by any recognized financial authority. This lack of regulation raises concerns regarding the safety of client funds and the legitimacy of the broker’s operations.
Yasir Mahmood offers three types of accounts: Normal Account, Sahulat Account, and Company Account. Each account type has a minimum deposit requirement of Rs 10,000.
Yasir Mahmood provides trading through a desktop terminal, a mobile app, and a web version. Each platform is designed to cater to different user preferences, ensuring convenient access for traders.
Customer support at Yasir Mahmood can be reached via email at info@invest.pk, or by telephone at +92-42-36314141 and +92-42-36314176-81. The broker also maintains a presence on social media platforms for additional assistance.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.